The production budget shows expected unit sales are 85,000. the required production units are 97,000. what are the beginning and desired ending finished goods units, respectively?
Answers
The production budget shows expected unit sales are 85,000. the required production units are 97,000 the beginning and desired to end finished goods units, respectively 6,000 (beginning units) + 104,000 - 100,000 = 10,000 (ending units).
The production budget range calculate the range of devices of merchandise that should be artificial and are derived from an mixture of the sales forecast and the deliberate amount of completed gadgets inventory to have handy generally as safety inventory to cover for surprising will growth in call for.
The production budget variety, used by businesses that produce merchandise in choice to services, is one part of a corporation's on foot finances and is commonly developed after the income price variety. The profits finances drives the producing finances as it budgets for the forecasted future income of the corporation's products.
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Northwood Company manufactures basketballs. The company has a ball that sells for $25. At present, the ball is manufactured in a small plant that relies heavily on direct labor workers. Thus, variable expenses are high, totaling $15 per ball, of which 60% is direct labor cost.
Last year, the company sold 30,000 of these balls, with the following results:
Sales (30,000 balls) $ 750,000
Variable expenses 450,000
Contribution margin 300,000
Fixed expenses 210,000
Net operating income $ 90,000
Answers
With 30,000 basketballs sold for $25 apiece and variable costs of $15 per ball and fixed costs of $210,000, Northwood Company made $90,000 in net operating income.
Basketballs made by Northwood Company are sold for $25 and have variable costs of $15 per. 60% of these costs are labor-related directly. The business sold 30,000 balls last year for a total of $750,000 in sales revenue, $450,000 in variable expenditures, and a $300,000 contribution margin. The business achieved a net operating income of $90,000 after subtracting fixed expenditures of $210,000.
The business may think about lowering variable costs by lowering direct labour costs or looking for methods to boost sales revenue through marketing or product innovation in order to achieve profitability. Also, in order to reduce fixed costs and boost capacity for future expansion, the firm might assess the viability of relocating to a larger facility with more effective manufacturing methods.
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When marginal costs are below average total costs, _______________.a. avarage fixed costs are risingb. avarage total costs are fallingc. avarage total costs are risingd. avarage total costs are minimized
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Average total costs decrease when marginal costs are lower than average total costs. In this case, the average cost of all units produced up to that point is less than the cost of producing each additional unit.
When marginal costs are lower than average total costs, what happens?Average total cost will be lowering when marginal cost is lower than average total cost, and rising when marginal cost is higher than average total cost. When the marginal cost is lower than the average cost, a firm is most productively effective at the lowest average total cost.
When the marginal cost is less than average cost ?average cost lowers with an increase in output. Thus, so long as the MC curve is lower than the ATC curve, the ATC curve will slope downwards.
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Poplar products is evaluating a piece of machinery. The cost of the machinery is $1,700,000. The machinery will be depreciated over five years. At the end of the project, the equipment will be worth 25% of its original value. The tax rate is 35%. What is the after-tax proceeds at the end of the project?.
Answers
The after-tax proceeds at the end of the project will be $276,250.
What are after-tax proceeds?After subtracting any costs spent or taxes paid by the seller in connection with or as a result of the asset sale, the term "Net After-Tax Proceeds" refers to the sum of the net cash proceeds obtained by the seller from the asset sale.So, calculate after-tax proceeds as:
The initial cost of purchasing the equipment will be $1,700,000.At the conclusion of the project, the equipment will be worth $425,000, or 25% of its original cost ($1,700,000 ×.25).The machinery will have totally depreciated by this point.35% is the applicable tax rate.The revenues after taxes come to $425,000 x (1 /.35) = $276,250Therefore, the after-tax proceeds at the end of the project will be $276,250.
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Totals on the debit and credit sides to determine the balance of an account are known as?
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Totals on the debit and credit sides to determine the balance of an account are known as footings.
We can get footing after adding all debits and credits. Final balances can be determined by using footings. Debit and credit columns are in every account. Column on the left side is the debit column and the column on right is the credit column. Business transactions are recorded in these columns. All amounts on debit and credit columns are added to get the balance of the account. This process is called footing.
Account balance is calculated by getting the difference between debits and credits. Cross footing method is commonly used by accountants to verify that all the numbers add up. Footing is basically used to determine final balances to be put on a financial statement. Basically accountants must foot different columns of data to find the total of a certain time period.
Therefore we can get footing by adding both debit and credit sides.
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The visual enhancement of any drawing through color, value, and texture
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Answer:
That would be the composition of a work.
Source:
"The arrangement of elements within a work of art."
https://www.tate.org.uk/art/art-terms/c/composition
Question 25 Which of the following best explains 'periodic verification?
An agreement ending when zero defects have been reached.
A reduction in the level of inspection.
The instructions to the supplier with regards to what process improvements to implement must be checked periodically.
O Quality agreement and certification.
Answers
Periodic verification means that the instructions to the supplier with regards to what process improvements to implement must be checked periodically. Hence, the correct option is "C.
The instructions to the supplier with regards to what process improvements to implement must be checked periodically.
Periodic Verification (PV) is a quality system principle that describes the processes used to ensure that a product remains compliant with the set specifications and requirements. It is an essential part of the quality management system and includes the establishment of validation protocols, monitoring systems, and risk management strategies. PV is required to ensure that the product meets its intended use, that product safety and efficacy are maintained, and that the product remains compliant with regulatory requirements.
Hence, option C is the best explanation of Periodic Verification.
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Different counties across the us have different property tax rates for residential properties. A financial economist wants to estimate the true mean us tax rate for residential properties. Which confidence interval would be most appropriate in this situation?.
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One sample t-confidence level would be most appropriate if a financial economist wants to estimate the true mean us tax rate for residential properties.
The single sample t technique verifies if the population mean is equal to a given value, which is the null hypothesis. If this number is zero (or not entered), the sample mean's confidence interval is given.
Tax rate for residential properties can be calculated by one-sample t-confidence interval level as the data is simply the population of US residents and we just need to find the population mean which can be done through one sample t-confidence level.
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when is a transaction recorded in a general journal?
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A transaction is recorded in the general journal when it occurs, and it must be recorded accurately to ensure that financial statements are prepared correctly.
Let's take a closer look at what this means mathematically. Every transaction has two sides, a debit and a credit. The debit side represents the inflow of assets or the outflow of liabilities or equity, while the credit side represents the opposite.
To record the transaction in the general journal, the accountant would write the date of the transaction, a brief description of the transaction, the accounts affected (in this case, inventory and cash), and the amount of the debit and credit entries.
This information is then posted to the respective accounts in the general ledger, which is a collection of all the accounts used by a business.
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Do Entrepreneurs Succeed at The Expense Of Their Cunsumers
Answers
Answer:
Yes they do.
Explanation:
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A stock is priced at $85 per share and pays a quarterly dividend of $2.10 per share. What is the dividend yield per stock share per year?
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analyze the merits and drawbacks of operating in a mass market.
Answers
Answer:
merits1. Cost efficiency
1. Cost efficiencyMass marketing is a cost-effective option when companies use it to advertise products that consumers consider necessities. Customized advertisements are often expensive compared to mass marketing campaigns. With mass marketing, companies might avoid using resources to contact customers individually.
2. Large scope
2. Large scopeMass marketing campaigns often reach wider audiences when compared to niche marketing techniques. Whereas niche marketing appeals to one specific type of customer, mass marketing targets all consumers in a market. When a company uses mass marketing, it sends each of its advertisements across several channels and has the potential to reach a variety of customers.
3. Brand awareness
. Brand awarenessMass marketing can increase a company's brand awareness. Customers that view a company's mass marketing campaign several times or in a variety of places may have an easier time recognizing the brand and its products. A solid brand image might discourage competition from other companies that use mass marketing and have similar products.
4. Time efficient
Time efficientMarketing teams can save time when using mass marketing techniques. Niche marketing requires professionals to create different advertisement strategies for each marketing segment. Mass marketing reduces the time spent on advertisement creation by using the same campaign for each type of customer.
drawbacks1. Customer experience
1. Customer experienceA customer's experience with a mass marketing campaign may vary depending on factors like their interests, demographics, needs and geographical location. Consumers have different needs and desires, and a single marketing campaign may not fulfill the wishes of each customer. For example, mass marketing may be successful in one geographic area but customers in other regions might not respond positively to it.
2. Inefficient for small businesses
2. Inefficient for small businessesMass marketing may be an inefficient strategy for small businesses. While it's a cost-effective option for large companies, mass marketing can be expensive for small businesses. Small businesses that sell unique products or services may find more success with customized advertisements that appeal to specific audiences.
3. Competition
3. CompetitionCompanies that rely on mass marketing may face competition from businesses that use targeted advertisements. Customers might prefer customized marketing campaigns and specific products rather than a single good or service that tries to appeal to an entire market. Consumers may specialize their searches when looking for a product to purchase and avoid interacting with mass advertisements. Additionally, new companies that try to enter the market may face competition from established businesses that rely on mass marketing to attract a consistent customer base.
Describe two things you can do to make sure you are using another person's work fairly.
Answers
Answer:
cite the source and describe how you obtained it
PLEASE HELP WILL GIVE BRAINLY!!!!
Explain how credit card companies make money on their cards. What is a credit card issuer?
Answers
Explanation:
1st question) they make money thru interest, processing fees (which is like a little tax on businesses for accepting credit) and fees charges to cardholders (some charge at ATMS for withdrawal etc).
a credit card issuer is a bank or credit union that supplies the credit card to the consumer. ex: capital one, citi, bank of america.
In a few sentences, explain what it means to be
financially responsible.
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Answer:
Being financially responsible means you are earning more than you are spending. You should also create a budget to track income and expenses, and do what you can to always pay bills on time.
How important do you think focus groups are to the eventual success of a new product?
Answers
Answer:
Yes
Explanation:
Focus groups help businesses learn what their customers think, enabling strategic decision-making focused on their target market's true wants and needs
The market supply for natural gas is the sum of all prices that natural gas producers are willing and able to sell at for every quantity." What is the flaw in this statement? It should state that market supply is the sum of the quantities of natural gas that producers are willing and able to sell at every price. It should state that market supply is the price of natural gas that one firm is willing and able to provide a specified quantity of its product at. It should state that market supply is the quantity of natural gas that producers are willing and able to sell at one specific price. There is no flaw in this statement.
Answers
The market supply of natural gas is the sum of all prices that natural gas producers are willing and able to sell at for each quantity.
What is the correct market supply?
The market supply is the total amount of an item that producers are willing and able to sell at various prices over a given time period, such as one month.
The supply curve depicts the relationship between the cost of a good or service and the quantity supplied over a given time period. A typical illustration will show the price on the left vertical axis and the quantity supplied on the horizontal axis.
Therefore, A market supply curve in an industry is the horizontal sum of all supply curves for each individual firm.
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Compared to a short-term investment, what is the general return of a long-term investment?
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Long-term investment has a similar return to short-term investment. Long-term investment has a greater return because it has greater risk.
Investing is dedicating an asset to achieve an increase in value over a period of time. Making an investment requires sacrificing your current assets such as time, money and effort. In finance, the purpose of investment is to generate profit from the assets invested.
An investment is an asset or item acquired for the purpose of income or capital appreciation. Valuation refers to the increase in value of an asset over time. When a person purchases a good as an investment, the intention is not to consume the good, but to use it to generate wealth in the future.
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Who is responsible for reporting all taxable income even if it does not appear on a W-2 form?
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Answer:
IRS
Explanation:
the principal of a mortgage loan is the
a. down payment minus the closing costs minus the purchase price
b. purchase price plus the closing costs minus the down payment
c. down payment plus the closing costs plus the down payment
d. purchase price minus the closing costs minus the down payment
Answers
The down payment less the closing charges less the purchase price is the mortgage loan's principle.
What does a mortgage look like in its simplest form?When you enter into a mortgage with a lender, you give the lender the right to seize the property if they are unable to make the loan amount back plus the interest. You might be able to get a mortgage loan that will enable you buy a new house using the worth of the an existing home as security.
Why do individuals use mortgages?Mortgage loans assist people in financing the purchase of real estate by taking a small portion of the property's overall worth as payment. How Do Mortgages Work A mortgage is a loan used to pay for the upkeep of a home, piece of land, or other kinds of rental properties.
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The market maker for stock X notices that at the current bid and ask prices, her inventory is getting too low. What should she do to correct this? a. Raise the bid and raise the ask. b. Raise the bid and lower the ask. c. Lower the bid and raise the ask. d. Lower the bid and lower the ask. e. None of the other options
Answers
a. Raise the bid and raise the ask.
The market maker for stock X needs to adjust the bid and ask prices in order to correct the low inventory. This will ensure that she is able to attract more buyers and increase her inventory.
In addition, by raising the ask, she will be able to generate more profit from the additional sales. This method of adjusting the bid and ask prices is the most effective way to ensure that the market maker’s inventory is balanced and that she is able to generate more profits.
By lowering the bid and lowering the ask, the market maker runs the risk of losing out on potential buyers, resulting in an even lower inventory. Therefore, the best option for the market maker is to raise the bid and raise the ask.
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You are financial managers of a company that produces printers. Currently, you are using NPV method to evaluate a 10-year project that will produce a new model. The WACC is 10% and the tax rate is 21%. 1. The project needs a set of machines that are worth $5 million. The company uses a 10-year straight-line depreciation method so that 100% of fixed assets will be depreciated by year 10. The fixed asset is estimated to be sold for $0.5 million at the end of year 10. 2. In the past two years, the company spent $800,000 in R&D to develop the new model. 3. The project will be partially financed with debt, and the interest to be paid every year would be $100,000. 4. If the new project is taken, it is expected that the current inventory level will increase by $1,500,000, account receivable will increase by $1 million, account payable increases by $800,000, and the minimum cash balance will increase by $0.5 million. 5. The net sales from this project will be $8 million per year, of which 20 percent will be from the lost sales of existing products. The variable costs of the production will be 30% of the net sales. 6. The project will require hiring a new manager, who will cost $100,000 per year. In addition, the firm needs to rent a new office for $50,000 a year. 7. Currently, the overhead of the firm is $500,000. And the accounting department will allocate 20% of this amount to the new project.
How much is the operating cash flow for the first year?
a. 3,265,000
b. 3,225,500
c. 3,146,500
d. 2,765,000
e. 2,646,500
Answers
The operating cash flow for the first year is $3,265,500. Therefore, option A is the correct answer.
The operating cash flow (OCF) for the first year of the project can be calculated using the formula:
OCF = (Revenue - Costs - Depreciation) × (1 - Tax rate) + Depreciation.
Here's how to calculate the OCF for the first year of the project using the given information:
Revenue = Net sales × (1 - Lost sales %) = $8,000,000 × (1 - 20%) = $6,400,000
Costs = Variable costs × Net sales + Fixed costs = 30% × $8,000,000 + $100,000 + $50,000 + 20% × $500,000 = $2,640,000
Depreciation = Fixed asset cost - Salvage value / Life = ($5,000,000 - $500,000) / 10 = $450,000
Substituting these values into the OCF formula:
OCF = ($6,400,000 - $2,640,000 - $450,000) × (1 - 0.21) + $450,000
OCF = $3,265,500
Therefore, the operating cash flow for the first year is $3,265,500. Therefore, option A is the correct answer.
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quick will give brainliest Bank A has a liquidity ratio close to 30 percent. This ratio will most likely _____.
not affect the bank’s run-off rate
cause a higher than acceptable run-off rate
cause a lower than acceptable run-off rate
Answers
Quick will provide the smartest The liquidity ratio for Bank A is almost 30%. The bank's run-off will probably not be impacted by this ratio.
Quick ratio is a ratio of liquidity?In order to determine a company's ability to meet its immediate financial obligations, analysts and investors use liquidity data called the quick and current ratios.The current ratio is calculated by dividing current liabilities by current assets.The quick ratio only considers highly liquid assets or cash equivalents as current assets.
What is a decent quick ratio?If the company's assets can be turned into cash extremely fast, a ratio of less than 1.5 is less problematic. Although a current ratio of three or four may indicate financial health, it also raises questions about whether a corporation is ineffective at investing the money it does have.
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A research institute reports that 73% of workers reported that they andior their spouse had saved some money for retirement. Complete parts a and b below a. It a random sample of 40 workers is taken, what is the probability that fewer than 23 workers andfor their spouses have saved some money for retirement? The probability is (Round to four decimal places as needed)
Answers
To solve this question, we can use the binomial probability formula which is given as:
\($$ P(X=x) = \dbinom{n}{x}p^{x}q^{n-x} $$\)
Here, n=40, p=0.73, and q=1-p=1-0.73=0.27.
Now, the probability that fewer than 23 workers and/or their spouses have saved some money for retirement can be calculated as follows:
\($$ P(X<23) = \sum_{x=0}^{22} \dbinom{40}{x}(0.73)^{x}(0.27)^{40-x} $$\)
To solve this expression, we can use a binomial probability table, a statistical software, or a scientific calculator. Using a binomial probability table, we get
\($$ P(X<23) = 0.0355 $$\)
Therefore, the probability that fewer than 23 workers and/or their spouses have saved some money for retirement is 0.0355 (approx).
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Discuss the need for blood pressure monitoring in regard to hypo-
or hypertension. What is the normal range for blood pressure?
Answers
Blood pressure monitoring is essential for both hypo- and hypertension. Hypertension, or high blood pressure, is a silent condition that can lead to serious health problems, including heart disease and stroke.
Hypotension, or low blood pressure, can cause dizziness and fainting. The normal range for blood pressure is typically around 120/80 mmHg. Hypertension: Monitoring blood pressure is crucial for detecting and managing hypertension. High blood pressure often has no noticeable symptoms but can cause damage to blood vessels and organs over time. Hypotension: Monitoring blood pressure is important in cases of hypo tension as well. Low blood pressure can result in inadequate blood flow to organs and tissues, leading to symptoms such as dizziness, weakness, and fainting. Normal range: The normal range for blood pressure is typically considered to be around 120/80 mmHg. The systolic pressure (top number) represents the pressure in the arteries when the heart contracts, while the diastolic pressure (bottom number) represents the pressure when the heart is at rest.
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what will I need to start a clothing shop
Answers
Answer:
Explanation:
But meanwhile his you are going to start a new clothing business you will not have much finance ( money ) but first u have to advertise to the customers . get the customers attraction and there satisfaction , because then one customer will spread the whole news about your clothing shop to almost all the customers. which will be beneficial for you .
You will have to advertise on the tv , radio , bill boards , newspapers , many other marketing equipments plus u must advertise your business in a way that the customers will be willing to purchase your clothes from your clothing shop.
Then eventually you will gain more profits and will lead to profits so after sometime you can create a a online shopping like a website , because some and many customers will be willing to purchase your clothes through the online platform. which saves the customers time and transportation costs and etc.
By the way the main element is customers because without customers there will be no lead / success to your clothing shop.
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Elysha has a monthly gross income of $3,000 and a monthly debt load of $500. How can her debt-to-income ratio be classified?
Answers
Answer:
Her debt to income ratio is classified as favorable
Explanation:
The given information are;
Elysha's gross monthly income = $3,000
The amount she pays as debt each month = $500
Therefore, her debt to in to income ratio, DTI, is given as follows;
DTI = (Amount payed as debt)/(Gross income) = $500/$3,000 ≈ 0.167
We multiply by 100 to express the result as a percentage, to get;
0.167 × 100 = 16.7%
Given that her debt to income ration is less than 35%, her debt to income ratio is classified as favorable and she has a manageable debt.
Answer: Good—between 15 and 20 percent
Explanation: All you have to do is find what the different percents of 3,000 are and see which one is the closest.
Quarter one sales for a tire manufacturer were $120,000,000. If the quarter one seasonal index was 1.20, what is an estimate of annual sales for this firm?
A. 100,000,000
B. 144,000,000
C. 400,000,000
D 576,000,000
E. None of the above
Answers
The estimate of annual sales for the firm is $400,000,000. Option c is correct.
To estimate the annual sales for this firm, we will use the quarter one sales and the seasonal index. Here's the step-by-step explanation:
Step 1: Divide the quarter one sales by the seasonal index to get the deseasonalized quarter one sales.
Deseasonalized Q1 sales = Q1 sales / Seasonal index
Deseasonalized Q1 sales = $120,000,000 / 1.20
Deseasonalized Q1 sales = $100,000,000
Step 2: Multiply the deseasonalized quarter one sales by 4 to estimate the annual sales.
Estimated annual sales = Deseasonalized Q1 sales × 4
Estimated annual sales = $100,000,000 × 4
Estimated annual sales = $400,000,000
The estimated annual sales for this firm is $400,000,000. The correct answer is C. $400,000,000.
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the data in this table are relevant to a perfectly competitive firm because
Answers
The data in this table are relevant to a perfectly competitive firm because its total revenue is different at different levels of quantities sold. The correct answer is option A.
Based on the provided information, we can determine the following:
(1) Marginal Revenue Price: $14
(2) Quantity Sold: 100, 101, 102, 103, 104
From this data, we can conclude that the statement "its total revenue is different at different levels of quantities sold" is true for a perfectly competitive firm. In a perfectly competitive market, the firm is a price taker, meaning it cannot influence the market price. As a result, the price remains constant at $14 regardless of the quantity sold.
However, the total revenue will differ at different levels of quantities sold. Total revenue is calculated by multiplying the quantity sold by the price. Since the quantity sold is changing, the total revenue will also vary. Each additional unit sold contributes to the total revenue, resulting in a change in total revenue.
Therefore, the correct statement is: "Its total revenue is different at different levels of quantities sold." i.e option A.
The complete question must be:
(1) (3) Marginal Revenue Price $14 $14 $14 $14 $14 (2) Quantity Sold 100 101 102 103 104 A B C D Refer to Exhibit 23-1. The data in this table are relevant to a perfectly competitive firm because its total revenue is different at different levels of quantities sold. its total revenue is the same at all levels of quantities sold. it doesn't have to lower price to sell additional units of the product. marginal revenue is greater than price.
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If finland enjoys comparative advantage in the production of fish products compared with its trading partners. What does it imply
Answers
Answer:
It implies that Finland is able to meets its demand for fish products on its own
Explanation:
This simply means that Finland is able to efficiently meets is demand for fish product domestically and hence it need not to depend on its trading partners. Thus, It has an advantage to negotiate well for the export and import of other commodities and services.
This also means that productivity of Finland is high which could be due to higher labor productivity rate or efficient aquaculture practices and production mechanism.
Which of the following makes radio a potentially effective advertising medium? A)It can carry a picture.B)The seller can show the features of the product.C)Like magazine advertising, it has a long life.D)It is accessible to consumers.E)The seller can demonstrate the product
Answers
The correct answer is D) It is accessible to consumers. Radio is a potentially effective advertising medium due to its accessibility to consumers.
Unlike other mediums such as television or print, radio can reach a wide audience as it is accessible in various locations, including homes, cars, workplaces, and portable devices. This widespread accessibility allows advertisers to target and engage with consumers during their daily routines and activities.
Additionally, radio advertising can be tailored to specific geographic regions or demographic groups by selecting appropriate radio stations or time slots. Radio also offers the advantage of being a cost-effective advertising option compared to other mediums. While radio advertising may lack visual elements like pictures or product demonstrations, its accessibility and potential for broad reach make it a valuable channel for reaching and influencing consumers.
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