The budgeted indirect cost rate is $4.00 per direct manufacturing labor-hour.
Data and Calculations:
Budgeted indirect cost for the period = $2,000
Budgeted production units for the period = 800 units
Budgeted direct manufacturing labor hours = 500 hours
Budgeted customer orders for the period = 400 orders
Actual number of setups = 1,000 setups
Therefore, the budgeted indirect cost rate per direct manufacturing labor-hour = Budgeted indirect cost divided by the budgeted direct manufacturing labor hours.
= $4 ($2,000/500)
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octavia wants a job that she is good at and that she is happy to go to each day. octavia would be well-served to understand a company’s internal context before accepting a job offer.
It is true that Octavia will be well-served to understand the company’s internal context before accepting the job offer.
Basically, an organization's internal context refers to internal environment which are controllable are can be manipulated to achieve the company's sustainability goals.
A company's internal context includes aspects such as its culture, values, reputation, stories, management styles, leadership, employee relations etc.
It is very important than job applicant have an idea about an organization internal context because its help to know if there will be a personal growth and development in his career.
Therefore, in conclusion, it is true that Octavia will be well-served to understand a company’s internal context before accepting the job offer.
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not successful way to budgeting strategy
how to stop inventory from opening when turning in items ff14
Why do internal economies of scale lead to imperfectly competitive​ industries? A. Patent laws prevent firms from entering the market. B. Large firms have cost advantages over small firms. C. This is an observation based on measurable data. D. There are barriers to entry due to large fixed costs.
Internal economies of scale lead to imperfectly competitive industries because large firms have cost advantages over small firms, so the correct answer is B.
Economy of scale is the economic advantage that is realized by operating on a larger scale. In general, the average cost per unit of output decreases with increasing scale because fixed costs are spread over more units of output. Operational efficiency is also often greater with increasing scale, which in turn leads to lower variable costs.
When an industry is characterized by economies of scale, it can lead to a monopoly or oligopoly. Only large companies can then produce economically, which means that the barriers to entry for new market players are high.
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On October 25, Yacht Doc received $210,000 for a yacht valued at $190,000 and a service contract to be performed evenly from November through February. During November, the yacht was delivered and 1 month of the service contract was performed. The remaining services are to be performed evenly over the next 3 months. In what month should the service contract be recognized as revenue
Answer:
5,000 in each month from November to February
Explanation:
210k - 190k = 20k
5k at delivery and the remaining performed over three months. Therefore $5000 per month
5k at delivery, with the remainder completed over three months. From November to February, 5,000 deliveries were made per month at a cost of 210k - 190k = 20k. As a result, $5,000 is earned each month.
What is accounting?Accounting is the process of recording, compiling, and reporting financial transactions to regulatory bodies, auditors, and the IRS.Accounting principles are the rules and regulations that businesses and other organizations must follow when reporting financial data. These guidelines standardize the language and procedures that accountants must use, making financial data analysis easier.The International Financial Reporting Standards are the most widely used set of accounting principles, having been adopted in 166 jurisdictions. The Generally Accepted Accounting Principles (GAAP) are a set of accounting standards that are only used in the United States (GAAP).To learn more about accounting, refer to:
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on may 1, there were 4 inventory items that cost $30 each. on may 5, 2 items were purchased for $35 each. given one item from the beginning inventory and one from the may 5 inventory were sold, under the inventory method, cost of goods sold would equal $75.
Based on the specific identification inventory method, the cost of goods sold would equal $65 ($30 + $35) and not $75 as indicated in the question.
Specific identification is an inventory costing method that tracks the cost of goods to the exact items that are sold. This method is used where it is possible to track sold items individually, especially when the sold items are separately identifiable.
Specific identification is just one method in inventory costing. Others are Last-in, First-out (LIFO), First-in, First-out (FIFO), and Weighted-Average Cost Methods.
Thus, the inventory method that will produce the cost of goods sold under this scenario is the specific identification method.
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Presented below is information related to Ricky Henderson Company.
Cost Retail
Beginning inventory $ 200,000 $ 280,000
Purchases 1,375,000 2,140,000
Markups 95,000
Markup cancellations 15,000
Markdowns 35,000
Markdown cancellations 5,000
Sales revenue 2,200,000
Compute the inventory by the conventional retail inventory method. (Round ratios for computational purposes to 0 decimal places, e.g. 78% and final answer to 0 decimal places, e.g. 28,987.)
Ending inventory using conventional retail inventory method
$Presented below is information related to Ricky He
The ending inventory using conventional retail inventory method is $170,100.
Ricky Henderson Company Ending inventory
Cost Retail
Beginning inventory $200,000 $280,000
Add Purchases $1,375,000 $2,140,000
Total $1,575,000 $2,420,000
Markups $95,000
Markup cancellations ($15,000)
Net markup $80,000
($95,000-$15,000)
Total $1,575,000 $2,500,000
($2,420,000+$80,000=$2,500,000)
Markdowns $35,000
Markdown cancellations ($5,000)
Net markdown ($30,000)
($35,000-$5,000)
Sales price of goods available $2,470,000
($2,500,000-$30,000)
Less Sales revenue ($2,200,000)
Ending inventory at retail $270,000
($2,470,000-$2,200,000)
Second step is to calculate the Cost-to-retail ratio using this formula
Cost-to-retail ratio=Cost of goods sold available/Retail price of goods available+ Net markup
Let plug in the formula
Cost-to-retail ratio=$1,575,000/($2,420,000+$80,000)
Cost-to-retail ratio=$1,575,000/$2,500,000
Cost-to-retail ratio=0.63
Third step is to calculate the ending inventory at cost (lower of cost or market) using this formula
Ending Inventory at cost =Cost-to-retail ratio× Ending inventory at retail
Let plug in the formula
Ending Inventory at cost=0.63×$270,000
Ending Inventory at cost =$170,100
Inconclusion the ending inventory using conventional retail inventory method is $170,100.
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was there new technology or innovation involved in epidemiology
Answer:
Epidemiology has evolved with the development of new molecular technologies that refine the way we investigate the relationships between exposure and disease.
what is the minimum amount of money for which an sar should be filed?
Answer:
the answer is amount 20000
Explanation:
there isnt one cus its a direct question
what is the relation between Average Revenue and Marginal revenue??
Answer:
hi Kavya di how are you fine or not what are you doing
Explanation:
And in advance Happy Morning and happy chhath Puja
Which of the following businesses describes a branch?
A. CarCity is a car dealership that is old by a large company but operated by a group.
B. Easy as Fries, a fast-food restaurant, is operated by one person but still owned by a large company.
C. Photo Finish, a sports photography business, has many locations that are owned an operated by the company.
D. Hit the books, a Tutoring business, has one location in San Diego, California
Photo Finish, a sports photography business, has many locations that are owned an operated by the company is the businesses describes a branch. Hence, option C is correct.
What is meant by photography business?A variety of services are offered by professional photography studios, including portraiture, commercial photography, event photography including weddings, family gatherings, bar mitzvahs, and more, convention photography, and more.
Their creativity, which is the art or process of making images by the influence of radiant energy, particularly light, on a sensitive surface, is expressed through shades, tones, smiles, joy, and even sadness.
To start, you can increase brand awareness by including brand-specific colors in your images. Additionally, your image might inspire bto take action. Good pictures elicit an emotion. Within that attitude, an emotion develops, which inspires potential customers to become clients.
Thus, option C is correct.
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The account debited when payment is made for equipment purchased previously on account is
A accounts receivable.
O
B. cash.
C. accounts payable.
D. equipment
Answer: It is A. Accounts Receivable.
Write down the steps of the marketing research approach in the correct order.
Answer:
Explanation:
The Marketing Research Process is comprised of 6 steps: 1: Problem Definition, 2: Development of an Approach to the Problem, 3: Research Design Formulation, 4: Field Work or Data Collection, 5: Data Preparation and Analysis, 6: Report Preparation and Presentation.
What is a “work point”?
Answer:
A work point is an independent entity whose location is defined in spacewould the company be allowed to monitor the emails of his employees?
Answer:
yes in the united states the buissness has the right to monitor every email
Explanation:
its in the lawbook
Sue worked 48 hours this week. Her rate of pay is $13.75 per hour. What is her gross pay?
Answer:
The answer is $660 because you will multiply 48 and 13.75
Explanation:
48*13.75=660
How are traditional and Roth IRAs different from 401(k) plans?
A. Traditional and Roth IRAs are set up by companies, while 401(k)
plans are not
B. Traditional and Roth IRAs are tax deductible, while 401(k) plans
are not.
C. Traditional and Roth IRAs are set up by individuals, while 401(k)
plans are not
D. Traditional and Roth IRAs have no limits on annual contributions,
while 401(k) plans do.
Answer:
C.traditional and Roth IRAs are set up by
individuals, while 401(k)
plants are not
Explanation:
hope can help
Traditional and Roth IRAs are different from 401(k) plans as Traditional and Roth IRAs are set up by individuals, while 401(k)plans are not. Option C. This is further explained below.
What is Roth IRAs?Generally, Roth IRAs is simply defined as Individual retirement accounts (IRAs) are taxed at the time of deposit, but all future withdrawals are tax-free with a Roth IRA.
In conclusion, Traditional and Roth IRAs are distinct from 401(k) plans as Traditional and Roth IRAs are set up by people, whereas 401(k)plans are not.
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What tab do I use to get to the table of contents on a word document?
what is the term for a group of project activities that are assigned to a single organizational unit?
3. What are three purchasing activities in businesses?
Suppose the price of crude oil used to produce gasoline rises significantly. At the same time, consumers purchase hybrid cars in great numbers. In the market for gasoline, the market clearing price ________ and the equilibrium quantity ________. definitely falls, is indeterminate is indeterminate, definitely falls definitely rises, is indeterminate definitely falls, definitely rises
is indeterminate, definitely falls
HELP PLEASE, i’ll mark brainliest
3. Shares of stock ABC fell 12%, closing at $42.56. What was the value of the stock before the fall? Round the answer to the nearest cent.
O $51.07
O $47.66
O 354.56
O $48.36
A corporation has issued $100 par, 8% cumulative convertible preferred stock, callable at par. The preferred is convertible into 1.4 shares of common stock. Currently, the preferred stock is trading at $102 while the common stock is trading at $75.50. The corporation calls the preferred stock at par plus accrued dividends of $2 per share. If a customer buys 100 preferred shares, converts, and then sells the common stock in the market, the profit is (ignoring commissions):_________
a. tender offer
b. forced conversion
c. advance refunding
d. simultaneous transaction
a. The profit the investor made when he sold the common stock shares in the market is $370.
b. The investor sold the 140 common stock shares through a. tender offer.
A tender offer is made when the investor is approached by another investor in the open market to buy the 140 common stock shares. In this instance, the shares are sold at the prevailing market price.
Data and Calculations:
Par value of cumulative convertible preferred stock = $100
Dividend rate per year = 8%
Current price of preferred stock = $102
Number of shares of preferred stock bought = 100
Total cost of purchase = $10,200 (100 x $102)
Sales price of common stock = $75.50
Number of common stock shares converted = 140 (100 x 1.4)
Sales proceeds from sale of common stock = $10,570 ($75.50 x 140)
Profit made by investor = $370 ($10,570 - $10,200)
Thus, the sale of the common stock shares was not by forced conversion, advance refunding, simultaneous transaction, but by a tender offer.
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Which skills does Joseph demonstrate in this example? Joseph works as a school superintendent. He has realized that technological innovations are constantly changing the landscape of the education industry. He thus reads many books, magazines, articles, and blogs on the Internet to keep himself updated about such developments. As per this example, Joseph seems to possess good skills
rhodes borrowed $5,000 by signing a 5-year note with an interest rate of 8%. on the date the note is signed, rhodes should
On the date the note is signed, rhodes should credit Note payable for $5,000.
Note payable is a loan agreement that is put down in written were the borrower agreed to pay the lender the certain amount he or she borrowed from the lender and must be signed by the borrower.
In Note payable the borrower as well will have to pay interest on the amount borrowed or the interest accrued on the amount borrowed on the due date.
The journal entry on the date the note is signed is:
Debit Cash $5,000
Credit Note payable $5,000
(To record note payable)
Inconclusion on the date the note is signed, rhodes should credit Note payable for $5,000.
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what is a primary difference between a note receivable and an account receivable?
Answer:
Note receivable is a written promise by a supplier agreeing to pay a sum of money in the future.
While
Account receivable is the funds owed by the customers.
because it is hard to fire employees, ________ is widely held as one of the most important hr practices to do well.
Answer:
pandemic
internet
social media
letter
give bonus
give kiss hahha
Because it is hard to fire employees, selection is widely held as one of the most important hr practices to do well.
Selection is very important when it comes to hiring a candidate as selection process help the human resource manager or hiring manager to pick the right candidate or suitable candidate for the job.
For a company or organization that was to succeed, choosing the right candidate is important as this enables the company to achieve their aims and objectives.
A right candidate is the person who has the best interest of the company at mind and who always put in his or her best in every tasks.
Selecting a wrong candidate can affect the company growth as the candidate may be someone who perform poorly or who is incompetent when it comes to tasks or duties assign to them and they may mostly have the interest of the company at mind
It is important that hiring managers select the right and the best candidate so as to avoid the stress of having to fire employees.
Inconclusion because it is hard to fire employees, selection is widely held as one of the most important hr practices to do well.
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How is a compressed work week different from a traditional work week?
You work one more day in a compressed work week.
You work forty hours in a compressed work week.
You work one less day in a compressed work week.
You work less than forty hours in a compressed work week.
Answer:
A compressed work allows the employee to work for 35-40hours workweeks in less than five workdays.
Name at least 4 management skills which you think you already have. Justify your answer and identify ways on how you could further develop your chosen management skills.
Answer:
Hello there,
I'll answer based on myself,
The management skills I think I have are;
Planning, To achieve my goals, planning is an essential skill that I must have. Short term and long term goals need planning to be achieved and the short term goals like assignment completion and helping with chores at home must be done within a scope of at most a week and not more. And long term goals are ongoing and the fast they can be achieved within a year is more favourable. By continuous planning I gain more experience when my plans don't give. I usually ask my parents, teachers and experts on my plans to further better them. Decision making; With decision making, planning is much easier because I get to choose the best choice out of many layouts of plans I have. Deciding on my priorities is best way to figure out the best plans. This is usually based on past experience to make it better and ask help from parents and teachers. Delegation; This is most evident in my duties at school as a leader and assigning work in projects. It's not that some duties can't be performed by me but delegation is superb when a single person can concentrate on allocated tasks in full efficiency. It allows fast error checking and less slacking. I continue to learn this through projects given at school, getting help from parents and older siblings. Communication; I believe the best system works in a clear back to back communication. Good thing the environment am in allows thorough communication. And as a leader, youth, student and a responsible community member communication has been a great tool to make known our strengths and weaknesses. My parents, teachers have cultivated an environment that allows clear channels of communication.the ____________________ is based on the prices of merchandise that are exported or imported.
The International price index is based on the prices of merchandise that are exported or imported.