Total revenue refers to the overall amount of money earned by a company or individual for all goods or services sold during a given period of time. Thus The total revenue for 9 units of output is $54. Option (b)
Assuming that the price of the good remains constant, the total revenue of the firm will increase by the price of the good for each additional unit sold.
In this case, the total revenue for 8 units of output is $48. Therefore, the price of the good is:
48/8 = $6 per unit
To find the total revenue for 9 units of output, we can simply multiply the price per unit by the number of units: 9 x $6 = $54
It is calculated by multiplying the quantity of goods or services sold by the price per unit. Total revenue reflects the entire amount of money a business generates before expenses such as cost of goods sold, taxes, and other operating costs are deducted. It is considered a key performance indicator in assessing a company's financial health and growth potential.
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Full Question: The total revenue of a purely competitive firm from 8 units of output is $48. Based on this information, total revenue for 9 units of output must be
A. $52
B. $54
C. $58
D. $60
B. $54
Wells converting makes custom paper for books and magazines and uses a job order cost system. each day, wells produces 500 pounds of paper; each period, wells produces 10 tons of paper; each year, wells produces 40 tons of paper. in addition, wells takes on about 200 jobs per year. at what point should wells determine its unit cost?
In a job order cost system, the unit cost for a particular job is calculated as it is completed. As a result, a company like Wells Converting should determine its unit cost after the completion of each job.
A job order cost system is a method of tracking and allocating the cost of producing a unique product or service. Companies that manufacture customized goods, such as printers and custom bike builders, often use a job order costing system. Each job is considered to be a separate entity, with direct and indirect expenses being assigned to each job on an individual basis.
This implies that cost accounting data is gathered for each job independently, allowing for cost analysis.
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Eli is buying a townhouse that costs $276,650. He has $28,000 in savings and earns $4,475 a month. Eli would like to spend no more than 30% of his income on his mortgage payment. Which loan option would you recommend to Eli? a. 30 year FHA, 3. 5% down at a fixed rate of 6. 5% b. 30 year fixed, 5% down at a fixed rate of 6. 25% c. 30 year fixed, 6. 5% down at a fixed rate of 5. 75% d. 30 year fixed, 10% down at a fixed rate of 5%.
The loan option which I would recommend to Eli is which there are 30 years fixed, 10% down at a fixed rate of 5%.
What is the interest rate?The quotient of a loan, that is charged as interest to the receiver, is typically expressed as an annual percentage of the loan outstanding.
Given data are:
Cost of buying a townhouse = $276,650
Savings = $28,000
Earns per month = $4,475
computation:When we take 10% down, fix rate than a cover for the down payment is:
cover for the down payment :
\(\text{Cover for the down payment}=\text{10\%}\times\text{Cost of House}\\\\\text{Cover for the down payment}=\dfrac{10}{100} \times\$276,650\\\\\text{Cover for the down payment}=\$27,665.\)
And, here monthly income is $4,475
So, the mortgage will be :
\(\text{Mortgage}=30\%\times\$4,475\\\\\text{Mortgage}= \$1,342.50.\)
So, by the balance of the mortgage is:
\(\$276,650 - \$27,665= \$248,985.\)
Hence, the total monthly repayment is:
Total monthly repayment:
\(\$248,985\times\dfrac{0.05}{12}+\dfrac{348985}{30\times12}\\\\=\$1729.08.\)
Therefore, option D is correct.
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How did you decide which candidates to give the most money to? What criteria should be most important when parties are deciding who to support in such a manner?
Even in a wave of elections, the candidates with the highest odds of winning are Earn more funds.
Candidates are contributing to a campaign when they use personal funds for campaign purposes. Unlike other posts, there are no restrictions on these candidate posts. However, it should be reported.
To become a presidential candidate, a candidate normally must win a majority of the delegates. This is usually done through party primaries and factions. It is then approved by a vote of delegates in parliament.
Campaigns are managed by a Campaign Manager responsible for overall strategy and staff to handle media, fundraising, advertising, polls and campaign materials.
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in the past 90 years, the stock market has had positive returns, averaging 10% annually.
The statement above is true. The stock market has had positive return 10% annually in the past of 90 years.
A stock market in economic and business also called as equity market, or also share market. A stock market generally can be defined as the aggregation of sellers and buyers of stocks such as securities listed on a public stock which represent ownership claims on businesses. In the stock market, A positive return generally can be described as the project or business you invested in generates more money than you put into it.
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The city council made an appropriation to the police department of $190,000 for the purchase of supplies and equipment. the following transactions and events occurred regarding this appropriation. 1. the department placed purchase order (po) 1 for 5 motorcycles, estimated to cost $20,000 each. 2. the department placed po 2 for crime prevention supplies at an estimated cost of $60,000. 3. the motorcycles ordered in po 1 arrived in good condition. the invoice of $100,000 was approved for payment. 4. po 3 was placed for radio equipment at an estimated cost of $20,000 . 5. the supplies ordered in po 2 arrived, along with an invoice for $64,000. the invoice was approved for payment. 6. the department obtained a check from the finance director for $500, made out to a local supplier, to purchase a new firearm for $500 on an emergency basis; no purchase order had been placed. a) prepare journal entries to record the transactions and events. charge all expenditures to supplies and equipment. (assume the approved budget has already been recorded.)
The journal entry is below.
Events Accounts Debit Credit
1. Encumbrances 50000
Budgetary fund balance 50000
reserved for encumbrances
To record PO 1
2. Encumbrances 30000
Budgetary fund balance 30000
reserved for encumbrances
To record PO 2.
3. Budgetary fund balance 50000
reserved for encumbrances
Encumbrances 50000
To reverse encumbrance for PO 1.
4. Encumbrances 10000
Budgetary fund balance 10000
reserved for encumbrances
To record PO 3.
5. Budgetary fund balance
reserved for encumbrances 30000
Encumbrances 30000
To reverse encumbrance
for PO 2.
Expenditures 32000
supplies and equipment
Vouchers payable 32000
To record approved voucher
6. Expenditures 250
supplies and equipment
Cash 250
Record emergency cash purchases.
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Which of the following is NOT a key tenant of an SRM system? a. Integration b. Visibility c. Lean operations d. Automation
There are different kinds of system. The option that is not a key tenant of an SRM system is Lean operations.
What is Supplier relationship management (SRM)?This is known to be a form of systematic method to looking into vendors that supply one's company with goods, materials and services.
This is done by finding out each supplier's strategic value and developing a supplier scorecard using their contribution to one's success. Lean operations is not one of the method used.
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The measure of the total annual income received by residents of a nation is called _____.
Answer: Gross National Income
Explanation:In a bid to measure and track the wealth of a nation, various economic terms are employed in keeping track of income generated by a nation from time to time usually on an annual basis. The Gross Domestic Product defines the value of all goods and services produced in a nation within a year. Hence, Gross Domestic Product(GDP) is concerned goods and services of domestic nature. The Gross National product(GNI) encompasses a nation's GDP and foreign revenue earned by nationals of a country.
Answer: The answer is GROSS NATIONAL INCOME
Explanation: Gross National Income (GNI) is the cummulative amount earned by individuals and businesses of a nation.It is a measure of the total annual income received by reaidents of a nation.
GNI is an alternative to Gross domestic product (GDP) as it sums up all income earned by residents of a nation removing the net income from abroad.
what is a control measure that helps to prevent a transaction from being recorded more than once or to prevent the transactions from not being recorded
A control measure that helps to prevent a transaction from being recorded more than once or to prevent transactions from not being recorded is known as a "duplicate checking" or "duplicate entry prevention" control.
This control is typically implemented in information systems or accounting software to ensure the accuracy and integrity of transaction records. Duplicate checking involves validating each transaction against existing records to identify any potential duplicates. This can be done by comparing unique identifiers such as transaction numbers, invoice numbers, or customer identification numbers. If a duplicate is detected, the system can prompt a warning or error message to prevent the transaction from being recorded again. By implementing duplicate checking controls, organizations can reduce the risk of errors, inconsistencies, and fraud that may arise from duplicate or missing transactions. It helps maintain the reliability and completeness of financial and operational data.
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Quality data gathering, analysis, and reporting $59,000 Testing and inspection of incoming materials $48,000 Final product testing and inspection $27,000 Depreciation of test equipment $30,000 Cost of field servicing and handling complaints $52,000 Disposal of defective products $13,000 Downtime caused by quality problems $52,000 Technical support provided to suppliers $18,000 Returns arising from quality problems $39,000 Eagle Company's quality cost report is to be based on the data shown. What would be the total appraisal cost appearing on the quality cost report? Question 17 options: A) $78,000 B) $75,000 C) $105,000 D) $100,000
Answer:
$75,000
Explanation:
Calculation for What would be the total appraisal cost appearing on the quality cost report
Total Appraisal cost= Addition of
Testing and inspection of incoming materials and Final product testing and inspection
Hence ,
Total Appraisal cost =Testing and inspection of incoming materials $48,000 + Final product testing and inspection $27,000
Total Appraisal cost =$75,000
Therefore the Total Appraisal cost appearing on the quality cost report will be $75,000
If the seller is responsible for the shipping costs of merchandise sold, the shipping terms will be specified as: multiple choice question.
a. fob destination
b. fob factory
c. fob shipping
d. point fob
Answer:
a. fob destination
Explanation:
FOB (Free on Board) is a shipping term that specifies when the responsibility for goods passes from the seller to the buyer. FOB destination means that the seller is responsible for the shipping costs and the ownership of the goods is transferred to the buyer when the goods arrive at the buyer's destination. In contrast, FOB shipping (also known as FOB origin) means that the buyer is responsible for the shipping costs, and the ownership of the goods is transferred to the buyer when the goods are shipped from the seller's location. FOB factory and point FOB are not commonly used shipping terms.
dvd recorders would be an example of independent demand items T/F
The statement dvd recorders would be an example of independent demand items is true because an illustration of an item with independent demand would be a DVD recorder. For dependent-demand items, reorder point models are frequently employed.
Operational decoupling is relevant to the railway sector. The C items make up roughly 15% of the total items but 60% of the total monetary usage in the A-B-C method. Demand for a finished good, such a computer, bicycle, or pizza, is referred to as independent demand. Demand for component parts or subassemblies, on the other hand, is known as dependent demand. As an illustration, think of the computer's microchips, a bicycle's wheels, or the pizza's cheese.
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When a manufacturer produces several products that are substitutes for one another and others that complement these products, it should use Blank______.
It is important that a manufacturer uses a Product-line pricing when its produces products that serves as substitutes for one another and others that complement these products.
What is a Product-line pricing?This is product pricing strategy that is implement when a firm has more than one product in a product line.
The pricing strategy ensured the profitability is achieved by a firm in the market.
Therefore, the pricing strategy is imporant to use when a products serves as substitutes for one another.
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McDonald Industries sales budget shows quarterly sales for the next year as follows: Quarter 1–9,000; Quarter 2–7,000; Quarter 3–11,000; Quarter 4–13,000. Company policy is to have a target finished-goods inventory at the end of each quarter equal to 5% of the next quarter's sales. Budgeted production for the second quarter of next year would be: 1. 7,200 units 2. 7,550 units 3. 11,000 units O 4. 6,850 units
Budgeted production for the second quarter of next year would be option 1: 7,200 units.
How to calculate the budgeted productionMcDonald Industries' sales budget indicates the following quarterly sales for the next year:
Quarter 1–9,000 units; Quarter 2–7,000 units;
Quarter 3–11,000 units; and
Quarter 4–13,000 units.
The company's policy aims to maintain a target finished-goods inventory at the end of each quarter, equivalent to 5% of the next quarter's sales.
To calculate the budgeted production for the second quarter, we must first determine the target finished-goods inventory for the end of Quarter 1: 5% of Quarter 2 sales (7,000 units) equals 350 units.
Next, we find the target finished-goods inventory for the end of Quarter 2: 5% of Quarter 3 sales (11,000 units) equals 550 units.
Now, we can calculate the budgeted production for Quarter 2. Start with the required sales for the quarter (7,000 units) and add the desired finished-goods inventory for the end of the quarter (550 units).
Then, subtract the finished-goods inventory carried over from Quarter 1 (350 units): 7,000 + 550 - 350 = 7,200 units.
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When writing a business plan, it
is important to think about the competition. Think of a
product or service you use often. What are the advantages it
has over competing products?
Identify whether the income below would be considered earned income, passive income, or portfolio income. Mychal’s parents bought a house, fixed it up, and sold it at a higher price.
Answer: Portfolio income is money received from investments, dividends, interest, and capital gains. It is one of three categories of income.
Explanation:
Need Help ASAP
Discuss two conflicts that might arise in a workplace. How would you handle these conflicts?
Must Have six sentences
Answer:
Its possible that someone may not like you. It can cause friction and decreases moral. I would have a witness such as a supervisor and discuss what the issue may be. Another issue is sexual harassment or a hostile work environment in which you document everything and take it to Human Resources.
Suppose a country decides to abandon paper currency and coins, and to adopt eggs as its national currency. Analyze the wisdom of this decision. Base your reasoning on each of the three uses of money.
While eggs may have some value as a commodity, using them as a national currency would not be wise. There are several reasons why eggs are not a suitable replacement for paper currency and coins.
Medium of exchange: Eggs would not be a practical medium of exchange. Eggs are fragile and can easily break, making them difficult to transport and store. They are also perishable and have a limited shelf life, which would create logistical problems for businesses and consumers.
Unit of account: Eggs would not be a stable unit of account. The price of eggs can fluctuate greatly depending on factors such as supply and demand, weather conditions, and disease outbreaks. This volatility would make it difficult for businesses to plan and make long-term investments.
Store of value: Eggs would not be a reliable store of value. As mentioned above, eggs are perishable and have a limited shelf life. They also require careful storage and handling to prevent spoilage. In addition, the value of eggs could be subject to sudden and unpredictable shifts in the market, which would make them a risky investment.
In conclusion, while eggs may have some value as a commodity, using them as a national currency would be unwise due to their fragility, volatility, and perishability. A currency needs to be a practical medium of exchange, a stable unit of account, and a reliable store of value, and eggs do not meet these criteria.
1. What is the attitude banks have toward being required to become members of the Federal Reserve System?
Answer:
The attitude banks have toward being required to become members of the Federal Reserve System is explained below in details.
Explanation:
Any country chartered bank (mutual or stock-formed) may enhance a segment of the Federal Reserve System. The twelve geographical Reserve Banks conduct state affiliate banks as members of the Federal Reserve System's commission to guarantee strength and endurance in the nation's indigenous businesses and banking system.
How do credit card companies make money?
O (A) Fees and interest paid by cardholders
O (B) Investing your credit card debt
O (C) Fees paid by merchants
O All of them
O A and B
O A and C
OB and C
Answer:
A and C
Explanation:
Credit card companies get their income form the following three main sources
Interest paid by cardholdersFees charged to cardholders' credit cards.transaction charges paid by merchants who accept credit cardsInterests form the bulk of income to the card companies. Typically charge interest arises when customers carry a balance from a month to the next. Fees charged include annual fees, late fees, cash advance fees, balance transaction fees, among others. Merchants usually pay a percentage for every transaction conducted via a credit card. The percentage ranges between 1% to 3 %.
the three major factors associated with corporate social responsibility are
Based on the socio-economic analysis, the three primary factors associated with corporate social responsibility include "society."
The other two significant factors associated with corporate social responsibility include the following:
EthicsEnvironment.Corporate social responsibility is a term used to describe the practices and policies of business firms or companies to operate in a way that benefits their environment at large, instead of degrading or affecting the environment.
Corporate Social Responsibility involves economic and philanthropic responsibilities, all of which form the social-environmental and ethical responsibilities.
Hence, in this case, it is concluded that the correct answer is society, ethics, and the environment.
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Why were the British able to crush the revolt
Answer: they saw through their plans
When you practice cyber-safety, you exclude or eliminate the following information from online accounts and contacts:
O Social Security number
name
personal phone number
personal address
Answer: All of them
Explanation:
In a business letter, the true margins are
Answer:
side ;top and bottom marguns
If a harmful substance is used in a workplace, the company must provide what informational document to employees?
A.
Material safety data sheet
B.
Ergonomics checklist
C.
Guarantee
D.
Warranty
20 POINTS AND FIRST ANSWER GETS BRAINLIEST
Answer:
Warranty is the answer
Explanation:
The MSDS provides information you need to ensure you have implemented proper protective measures for exposure. The HCS requires all workplaces where employees are exposed to hazardous chemicals to have a written plan that describes how that facility will implement the standard.
In order to promote its new beauty product, a company hires an oscar-winning actress to model for their latest ad. The company is using which appeal?.
A company's decision to use an Oscar-winning actress as the face of its most recent advertisement to advertise a new beauty product is an example of an ethos appeal approach.
How does ethos appeal work?The writer's personality is drawn to ethos. Ethos can alternatively be seen as the author's position inside the argument and the strength of the writer's case.Ethos is the term used in business to describe a persuasive tactic that draws on sources of in-depth knowledge, credibility, or authenticity.In the hypothetical situation described in the question, a business employs an Oscar-winning model in an advertisement to bolster consumer confidence in the legitimacy of the new product. A persuasive strategy that will draw more buyers to the beauty product is the Oscar-winning model. So, this appeal serves as an illustration of ethos.To learn more about Ethos refer to:
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Pretend you are President of the United States. The Citizens and the economy of the USA need financial assistance to get back on their feet. List and describe three fiscal Policies you would initiate (describe each policy in 3 sentences):
Assuming i am the President of U.S. and the country needs a financial assistance to get back on their feet. The most likely fiscal Policies we would initiate are the:
contractionary fiscal policyexpansionary fiscal policyWhat do we call a Fiscal policy?In economics, a fiscal policy refers to a governmental decision to increase or decrease taxation and spending. Most time, a Fiscal and monetary policy are often used together to influence the economy. But the fiscal policy can affect a company’s growth, hiring ability and taxes.
We have 3 types of fiscal policy which includes a neutral, expansionary, and contractionary fiscal policy. The neutral policy is one where government takes no steps to provide economic support because it feels the economy is healthy and stable, the expansionary fiscal policy mainly involves increasing spending or cutting taxes to prevent or end a recession or depression and the contractionary fiscal policy involves cutting spending or raising taxes to slow down unsustainable economic growth.
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the global business travel association reported the domestic airfare for business travel for the current year and the previous year. below is a sample of flights with their domestic airfares shown for both years. do not round intermediate calculations.
Using a paired t test, the Pvalue is less than the value of the test statistic. Hence, we reject the Null hypothesis.
The hypothesis :
\(H_{0} = μ_{d} ≤ 0 \)
\(H_{1} = μ_{d} > 0 \)
The test statistic can be calculated thus :
Test statistic = \( \frac{μ_{d}}{\frac{S_{d}}{\sqrt{n}}} \)
Sample size, n = 12Using a calculator :
Mean difference, \( μ_{d} = 23 \) Standard deviation of difference, \( S_{d} = 38.86 \)Inputting the values into the formula :
Test statistic = \( \frac{23}{\frac{38.86}{\sqrt{12}}} \)
Test statistic = \( \frac{23}{11.217} = 2.05 \)
Calculating the P-value :
Degree of freedom, df = 12 - 1 = 1α = 0.05 (1 tail)Pvalue = 0.03 (Pvalue calculator)
Since the Pvalue < α ; We reject the Null hypothesis.
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For every C or lower you earn on your report card, your parents make you give up one of your fun nights out per week. This is an example of
a.) neither a positive nor a negative incentive
b.) a negative incentive
c.) a positive incentive
d.) both a positive and a negative incentive
Answer:
B.) a negative incentive
Explanation:
A negative incentive is penalties that discourage a certain type of behavior. Therefore, if you earn C's or anything below that, your parents will force you to give up one of your fun nights out each week.
If parents make you give up one of your fun nights out per week for every C or below on your report card. This is an illustration of negative incentive.
What is negative incentive?Negative incentive measures, often known as disincentives, are methods that are used to prevent actions that affect biodiversity. User fees and pollution levies are examples of disincentives.
A negative incentive is penalties that discourage a certain type of behavior. Therefore, if you earn C's or anything below that, the parents will force giving up one of your fun nights out each week.
Therefore, option b is correct.
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Answer:
I xixed3odn3dno3xnomxend4ond4imx74d diendeinxe said einxiw dueoxni3d 3id 2did 2iz
What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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