Sofia spends all of her income on pizza and gasoline, In this case: Sophia consumes at least some of each good.
The amount of money, property, and other transfers of value obtained over a predetermined period of time in return for services or goods are often referred to as "income." Income is defined in accordance with the context in which the word is employed; there is no single, universal definition. Earned, passive, and portfolio income are the three basic types of income. Earned income consists of salaries, tips, commissions, and wages. Rental properties, royalties, and limited partnerships are all potential sources of passive or unearned income. Interest, dividends, and capital gains on assets are all types of portfolio or investment income.
To know more about Income here
https://brainly.com/question/25745683
#SPJ4
Identifying returns to scale Aa Aa Imagine Marco owns a business that produces custom stationery. The only input to production he requires is the stationery printing machines, for which he pays a rental rate (r) of $5 per hour. The following table gives the number of machines required to produce each quantity (q) of stationery per hour. Calculate the total, marginal, and average costs of producing one, two, and three sets of stationery per hour and enter these values into the table. Then, use the red line (cross symbols), purple line (diamond symbols), and green line (triangle symbols) to plot the total, marginal, and average cost curves, respectively, on the graph that follows Total Cost Marginal Cost Average Cost Quantity (q) Machines per Hour 2 4 COST PER HOUR (Dollars) 50 Total Cost 40 Marginal Cost 30 Average Cost 20 OUTPUT PER HOUR (Stationery sets HelpClear All Marco's business faces returns to scale. Additionally, as he increases production, marginal costs are as output rises, meaning that the marginal cost is always average costs.
Returns to scale is a phrase that describes how proportionally changes in output change when all production input amounts are altered by the same factor.
What is production?The process of mixing several inputs, both material and immaterial, to produce output is known as production. In a perfect world, this output would be a product or service that is useful to people and has value.
Production theory is the branch of economics that concentrates on production; it is closely related to the consumption (or consumer) theory of economics.
Utilizing the initial inputs productively results in the production process and output directly. Land, labor, and capital are regarded as the three major production components and are referred to as primary producer commodities or services.
Both the output process and the final product do not considerably change these essential inputs or turn them into integral parts of the final product. Materials and energy are categorized as secondary elements in classical economics since they are byproducts of land, labor, and capital.
Learn more about production, here
https://brainly.com/question/22852400
#SPJ4
A client agrees to run heavy advertising for two weeks, followed by no advertising at all for a while, and then again having a two-week period of heavy advertising. What kind of a media schedule is this?
a.Seasonal
b.Flighting
c.Continuous
d.Pulsing
The Correct option is B. A client agrees to run heavy advertising for two weeks, followed by no advertising at all for a while, and then again having a two-week period of heavy advertising. Flighting of a media schedule.
Flighting is an advertising method wherein the seller runs adverts for a period after which no commercials at all for some other length. The words 'commercials' and 'advertisements' have identical means, i.e., advertisements. In a flighting approach, the advertiser most effectively locations ads at some stage in top-quality intervals. Flighting is an advertising scheduling approach that alternates between walking an everyday timetable of advertising and a whole cessation of all runs. Flighting refers to the length when advertising is being run, while the cessation length is referred to as a hiatus.
Flighting in advertising and marketing is a technique in which advertisers agenda messages to run at some point of foremost intervals of time, observed by means of deliberate durations of state of being inactive. whilst the advertisement is actually energetic, the period is known as a flight.
To learn more about Flighting visit here:
brainly.com/question/14625170
#SPJ4
In addition to direct evaluations, systems developers must identify and document indirect expenses that contribute to the _____ of which ________ is a component.
a. business process modeling notation (BPMN); business processes
b. All of these are correct
c. None of these are correct
d. functional decomposition diagrams (FDD); rapid economic justification (REJ)
e. total cost of ownership (TCO); maintenance
In addition to direct evaluations, systems developers must identify and document indirect expenses that contribute to the total cost of ownership (TCO) of which maintenance is a component.so option e is correct.
What is the total cost of ownership using an example?Total cost of ownership (TCO) is an evaluation of the costs related to buying, deploying, utilizing, and retiring a product or piece of equipment. TCO, or actual cost, measures the cost of the purchase over the course of the product's whole existence. The sum of an asset's purchase price and its lifetime operating expenses is known as the total cost of ownership. The price of owning an automobile would be a straightforward illustration. You can purchase a car, but you will still have to pay for license fees, insurance, and regular maintenance.
To know more about total cost of ownership (TCO) visit:
https://brainly.com/question/2161818
#SPJ4
the systems model of change can be used to diagnose what to change, but other models must be used to determine how to evaluate the success of a change effort.
The systems model of amendment is wont to diagnose what to vary, however alternative models should be wont to confirm a way to assess the success of a amendment effort.
McKinsey 7S model was developed by Henry Martyn Robert boatman and Tom Peters throughout early Nineteen Eighties by the 2 consultants McKinsey Consulting organization. The model could be a powerful tool for assessing and analyzing the changes within the internal scenario of a company.
Create mechanism that helps determine the internal scenario of deviations from desired results, monitor outcomes and appearance for conflicts that indicate what has to amendment. Increase in performance and productivity isn't a signal of worker resistance to vary.
To learn more about internal scenario, visit here
https://brainly.com/question/1430678
#SPJ4
According to the New Classical economists, which of the following more than likely caused housing prices to fall after the media reported about the subprime mortgage crisis? O neoclassical theory O cyclical expectations O rational expectations
D).Rational Expectations most likely caused housing prices to fall after the media reported on the subprime mortgage crisis.
Rational Expectations Theory is a branch of New Classical Economics that holds that people form their expectations about the future based on their understanding of the current economic environment. This theory states that people will make decisions based on their expectations of the future, rather than on past experiences.
In this case, when the media reported about the subprime mortgage crisis, people would have become aware of the risks associated with investing in the housing market and would have formed expectations that housing prices would fall.
As a result, people would have been less likely to invest in the housing market, leading to a decrease in demand and a subsequent decrease in housing prices. Therefore, the correct option is d.
For more questions like New Classical Economics click the link below:
https://brainly.com/question/29580027
#SPJ4
Which of the following statements is true regarding Laura, an individual taxpayer who dies in 2022 with a gross estate of $10,000,000?
Answer: I hope Laura had a trust account for loved ones left behind.
Explanation: Because no one can touch her estate. Trust accounts are handed down to designated family members, i.e., money, property, valuables, etc., That way, wealth stays within the family designated and the State has no say so.
The statement which true regarding Laura, an individual taxpayer who dies in 2022 with a gross estate of $10,000,000 is - "No estate tax will be due if Laura has no prior year transfers". Thus, option first is correct.
What is taxpayer?A taxpayer is someone or something that has to pay taxes. Modern taxpayers may have an identification number, which is a governmental reference number assigned to people or corporations. The term "taxpayer" frequently refers to someone who pays taxes.
If Laura had no prior year transactions, no estate tax will be required under existing tax regulations.
Single taxpayer estates enjoy a baseline exemption of $11.58 million from 2018 to 2025. The basic exemption for married taxpayer estates is $22.36 million. This indicates that if Laura's estate made no transfers in previous years, her estate would be less than the exemption threshold of $11.58 million, and no estate tax would apply.
In conclusion, there would be no estate tax.
Learn more about estate tax here:
brainly.com/question/971715
#SPJ2
What is a difference between a cover letter and an introduction statement?
You only need to use formal language in an introduction statement.
A cover letter is typically submitted with a resume. An introduction statement is used with online applications.
Introduction statement are more detailed than cover letters.
A cover letter is much shorter than an introduction statement.
The difference between a cover letter and an introduction statement is that C. A cover letter is typically submitted with a resume. An introduction statement is used with online applications.
What is a cover letter?Although they have a similar format, a cover letter and an introduction letter serve very different purposes. A letter of introduction informs a potential employer of your qualifications and expresses your desire to be considered for a position. In response to a recent job posting, a cover letter is written.
The main distinction is that a supporting statement is included in the application form and responds to questions like "Please explain why you are perfect for this role," whereas a cover letter is typically sent separately from your CV.
In a cover letter for a job application, you can introduce yourself personally and argue why hiring you would be wise. Include specific examples from your prior experience that show you are qualified for the position in your cover letter, which should be three paragraphs or less long.
Therefore, based on the information illustrated, the correct option is C.
Learn more about cover letter on:
https://brainly.com/question/3602860
#SPJ1
TRUE/FALSE. arlin owns a firm that specializes in producing and marketing cosmetics and hair care products. in thinking about a portfolio assessment for his company, and in considering his firm's strategy, arlin needs to take a narrow view - one that looks at specific products, or possibly a single product line.
Arlin owns a firm that specializes in producing and marketing cosmetics and hair care products. in thinking about a portfolio assessment for his company, and in considering his firm's strategy, arlin needs to take a narrow view - one that looks at specific products, or possibly a single product line.
The statement is False.
Portfolio assessments are collections of student work rather than a specific kind of assessment item. In order to pass a portfolio assessment, students or teachers must compile examples of their work that demonstrate improvement over time.With the help of portfolio assessments, students can reflect on their actual performance, identify their areas of strength and weakness, track their growth throughout the learning process, and be prompted to take ownership of their education.To know more about Portfolio here
https://brainly.com/question/25929259
#SPJ4
Which of the following Shopping campaign goals would you choose if your aim was to engage with shoppers who are close to making a purchase decision?
Lead
Awareness
Website traffic
Sales
Out of the choices provided above, it can be concluded that a sales campaign for the shopping would be chosen if the aim is to engage with the shoppers who are close to making a purchase decision. Therefore, the option D holds true.
A sales campaign can be referred to or considered as a form of campaign wherein the main focus of the organization is to drive the sales through customer engagement. A sales campaign is run specifically with an intention of converting the sales with the customers who are close to making a decision of purchasing the a product.
Learn more about sales campaign here:
https://brainly.com/question/17081427
#SPJ4
if the ending balance of a deferred revenue account is less than its balance at the beginning of the accounting period: accrual basis revenues are less than cash collections from customers accrual basis net income exceeds cash basis net income g
Revenues calculated on the accrual basis are lower than cash collections from customers.
On the accrual basis of accounting, revenues are recognized when they are earned, regardless of when the cash is collected. Deferred revenue is an asset account that represents revenue that has been earned but has not yet been collected in cash.
If the ending balance of the deferred revenue account is less than its balance at the beginning of the accounting period, it means that the company has recognized more revenues on an accrual basis than it has collected in cash from customers. This could occur, for example, if the company has recognized revenue for goods or services that have been delivered to customers but have not yet been paid for.
In this situation, accrual basis net income may exceed cash basis net income. The cash basis of accounting recognizes revenues and expenses only when cash is received or paid out. If a company has recognized more revenues on an accrual basis than it has collected in cash, its accrual basis net income will be higher than its cash basis net income.
Learn more about accrual basis here: brainly.com/question/28433316
#SPJ4
Your car broke down while you were driving to class one morning. You took it to the nearest service center and were told by the mechanic that you need to pay S500 for the repair. You are confused whether or not to trust him. If you do not trust him, you have to take it to another service center, which is far away and inconvenient. If you trust him, he can either cooperate or defect (do an honest job or not). If he does an honest job, both of you will gain from the trade. If he does not do an honest job, he will gain $500 while you will lose your money. Clearly, he will gain more by defecting rather than cooperating with you Refer to the scenario above. Which of the following is likely to happen if the service center has a reputation of trustworthiness? O You will trust the mechanic and he will cooperate. You will trust the mechanic but he will defect. Neither of you will gain from trade, Only the mechanic will gain.
The mechanic will collaborate because you will believe in him.
Why is cooperation crucial?Assuming responsiblity for collaborative work and respecting the thoughts and contributions of each team member from a position of strong self-identity, cooperation demonstrates the capacity to work respectfully and effectively Concessions should be made, consensus should be reached during decision-making, and consensus should be built with various people or teams.
Why is cooperation necessary?Greater learning, emotional maturity, and a strong sense of personal identity have all been linked to cooperative behavior. Participants frequently develop greater mental flexibility and a greater desire to come up with original answers. Enjoyment, self-assurance, and a sense of worth are the outcomes.
To know more about cooperate visit:
https://brainly.com/question/2545477
#SPJ4
Jin, age 29, is beginning to contemplate his financial future. Right now, he lives in a metro city where he has to walk to work. Although he loves the excitement of the city, he wants to buy a van as he has always dreamed of becoming a digital nomad. His goal is to begin saving for this objective right away. Jin has identified three possible portfolios that might be appropriate choices as he begins investing to reach his objective. Each portfolio consists of the following stocks, bonds, and cash assets. I Portfolio A 10% cash Portfolio B 15% cash Portfolio C 20% cash 20% bonds 40% bonds 50% bonds 70% stocks 45% stocks 30% stocks Assume that the average return of each asset is as follows: Stocks 10%, bonds 5%, and cash 2%. Portfolio A Portfolio B Portfolio C Asset Rate of Class Asset Weighted Return Asset Weighted Allocation Return¹ Asset Weighted Return¹ Allocation Allocation Return¹ Cash 2% 10% (a) 15% (d) 20% (g) Bonds 5% 20% (b) 40% (e) 50% (h) Stocks 10% 70% (c) 45% (f) 30% (i) Portfolio Return² (1) (11) *Note1¹: Weighted Return (Asset Class Rate of Return) x (Asset = Allocation) Note2: Portfolio Return = Sum of Portfolio's Weighted Return. 1. Calculate the weighted average rate of return for each portfolio. Which of the following is correct? (Hint: you need to calculate weighted returns of (a)-(i). Then identify portfolio returns of (1), (II), and (III)). Portfolio A: 8.2%, Portfolio B: 6.8%, Portfolio C: 5.9% Portfolio A: 8%, Portfolio B: 6.4%, Portfolio C: 5.4% Portfolio A: 7 %, Portfolio B: 4.5%, Portfolio C: 3% Portfolio A: 7.3%, Portfolio B: 6.3%, Portfolio C: 5.45%
Portfolio A is 8.2%, Portfolio B is 6.8% and Portfolio C is 5.9%. It is calculated by weighting the return of each asset in the portfolio by its proportion of the portfolio's total value, and then adding up these weighted returns.
How to calculate weighted average rate of return ?To calculate the weighted average rate of return for each portfolio, you need to multiply the rate of return for each asset class by its allocation in the portfolio and then add up the results to get the portfolio's weighted average rate of return.
For Portfolio A:
The weighted return for cash is (2% * 10%) = 0.2%
The weighted return for bonds is (5% * 20%) = 1%
The weighted return for stocks is (10% * 70%) = 7%
The total weighted average rate of return for Portfolio A is (0.2% + 1% + 7%) = 8.2%
For Portfolio B:
The weighted return for cash is (2% * 15%) = 0.3%
The weighted return for bonds is (5% * 40%) = 2%
The weighted return for stocks is (10% * 45%) = 4.5%
The total weighted average rate of return for Portfolio B is (0.3% + 2% + 4.5%) = 6.8%
For Portfolio C:
The weighted return for cash is (2% * 20%) = 0.4%
The weighted return for bonds is (5% * 50%) = 2.5%
The weighted return for stocks is (10% * 30%) = 3%
The total weighted average rate of return for Portfolio C is (0.4% + 2.5% + 3%) = 5.9%
Therefore, the correct answer is Portfolio A: 8.2%, Portfolio B: 6.8%, Portfolio C: 5.9%.
To learn more about weighted average refer :
https://brainly.com/question/8287701
#SPJ4
It is not unusual for a company to be more ____ in its youth and to age toward ____ when it has market share, sales, and customers to protect
It is not unusual for a company to be more aggressive in its youth and to age toward conservative when it has market share, sales, and customers to protect.
What does the word "market" mean?The exchange of products and services can take place more easily when buyers and sellers can connect in a market. Markets can exist in the real world, like a physical store, or online, like an e-retailer.
The market crash has already occurred.Since those changes, there have been roughly seven-year-long stock market crashes in 2000, 2008, and 2020, with the coronavirus being responsible for the fall in 2022. Why Do Markets Crumble? The reasons why markets crash might vary. The stock market plummeted as a result of outside factors, for instance, in 2022 and 1973.
To know more about Market visit:
https://brainly.com/question/13414268
#SPJ4
jorgensen high tech incorporated is a calendar-year, accrual-method taxpayer. at the end of year 1, jorgensen accrued and deducted the following bonuses for certain employees for financial accounting purposes.$40,000 for ken.$30,000 for jayne.$20,000 for jill.$10,000 for justin.how much of the accrued bonuses can jorgensen deduct in year 1 under the following alternative scenarios?note: leave no answer blank. enter zero if applicable.required:jorgensen paid the bonuses to the employees on march 1 of year 2.jorgensen paid the bonuses to the employees on april 1 of year 2.jorgensen paid the bonuses to the employees on march 1 of year 2, and there is a requirement that the employee remain employed with jorgensen on the payment date to receive the bonus.jorgensen paid the bonuses to the employees on march 1 of year 2, and there is a requirement that the employee must remain employed with jorgensen on the payment date to receive the bonus; if not, the forfeited bonus is reallocated to the other employees.
Because the amount wasn't determined at year's end, you may deduct $100,000 in year 2 considering employees typically qualify for bonuses only if they were working at the time the bonuses were paid.
How is the accrual technique applied?Regardless of that when pay is received, the accrual method normally requires you to declare money in the tax year in which it is earned. Expenses are written off in the tax year they are incurred, regardless of when they are paid.
Briefing:
Calculation of How much of the accrued bonuses can Jorgensen deduct in year 1
March 1 of Year 2
Ken 40,000
Jayne30,000
Jill20,000
Justin 10,000
Total 100,000
In March 1 of year 2 the amount of $ 100,000 may
likely be deducted reason been that it was paid within 2 and a half months of year end.
To know more about accrual-method visit:
https://brainly.com/question/29102629
#SPJ4
Scenario 12-1 Ken places a $20 value on a cigar, and Mark places a $17 value on it. The equilibrium price for this brand of cigar is $15. Refer to Scenario 12-1. How much total consumer surplus do Ken and Mark get when each purchases one cigar? a. $2 b. $1 c. $5 d. $7
The total consumer surplus here is $7 whereas the consumer surplus of Ken is $5 and the consumer surplus of Mark is $2 respectively. The equilibrium price for this brand of cigar is $15.
Given,
Ken place a value on cigar =$20
Equilibrium price of cigar = $15
Mark place a value on cigar =$17
However, it is required in order to calculate the total consumer surplus.
Total consumer surplus = What consumer is ready to pay- and what he exactly pays.
For Ken consumer surplus is = $20 - $15 = $5 (A)
Whereas, for Mark, consumer surplus is = $20 - $17 = $2 (B)
Total consumer surplus is (A+B) = $7
Hence, the total consumer surplus is $7. Whereas the consumer surplus of Ken is $5 and for Mark is $2 respectively.
To learn more about the consumer surplus here:
https://brainly.com/question/29566756
#SPJ4
Think about a well-known company that you buy products/services from. Create a one-page document where you discuss how each risk (strategic, compliance, operational, financial, reputational) may affect the company and provide one example for each.
Th risk management strategies include identifying & assessing the possible threats and mitigate them such as strategic, compliance, operational, financial, reputational which certainly hamper the company's ability to survive in long-run.
What is risk?Someone or Something that poses a risk or causes the potential for loss or the dangers to an contract's coverage. or occurrence or likelihood of such a loss is termed as risk. Further as a "combination of the probability of an event and its repercussions," the risk would be described.
However business risk is the potential for a firm or organization to have lower earnings or failure. A business risk is anything that compromises a company's capacity to meet its financial objectives.
Further Market risk, credit risk, operational risk, strategic risk, liquidity risk, and event risk are just a few of the categories into which risks can be divided. One of the risk categories with the highest priority for every firm is financial risk. Financial risk is a result of market fluctuations, which can be influenced by a variety of causes.
Thus risk management strategies help to identifying & assessing the possible threats and mitigate them such as strategic, compliance, operational, financial risk etc.
Learn more about risk:
https://brainly.com/question/17284407
#SPJ1
If the union and the firm do not reach agreement, the union can organize a withdrawal of labor from the firm, called a ___
If the union and the firm do not reach agreement, the union can organize a withdrawal of labor from the firm, called a strike.
About the strikeThe usual strike by workers is an effort of workers to voice their aspirations to show protest against superiors, or the company will injustice to the rights granted to the workforce. such action done due to factors lack of such rights should be given to workers/laborers for not complying with published performance results for companies or legal entities.
Another factor could be no ignored or responses that have been by workers/labourers against company or legal entity employee aspirations for the company. In other words there is dissatisfaction on existing policies company.
But from all actions the strike was not justified also to always put first strike action workers feel aggrieved by the company or legal entity. From that, the workers should not go on strike work if you want to express aspirations but can also with how to negotiate first against superiors or companies with the way there is a representative from one of the parties so that it can take the road middle obtained through discussion.
Learn more about strike at https://brainly.com/question/20514558.
#SPJ4
Assuming that you are going to start a small business in a promising industry of your mother country. Please write a thesis on your start-up company, which should show your applications of the knowledge learned in this class. It should have some brief description about the four functions of management, i.e., Planning, Organizing, Leading and Controlling, in your company. Besides, you should address some specific issues, such as (but not limited to) the following issues:
(1) Strategies for growing your business,
(2) Goals of your company,
(3) Organization structure of your company,
(4) Plan to get the talented employees,
(5) Plan to lead your employees,
(6) Plan to develop effective groups,
(7) Ways of managing innovations and changes in your company,
(8) Operations management issues,
(9) Other management issues, which are important for your start-up company
and are relevant to our Business Foundation class.
Other requirements: 2000 – 3000 words. Absolutely no plagiarism. At least one Illustration figure and one Table is needed. Be careful about the format and structure of the final thesis.
It's thrilling and difficult to launch a new firm in a promising sector. To guarantee the company's success, meticulous planning, good organization, powerful leadership, and efficient control are necessary. This thesis argues .
What is Planning and Leading ?Planning:
Step: We'll concentrate on a few crucial tactics in order to accomplish this goal. First, we'll set ourselves apart from the competition by providing special and avant-garde products that cater to our target demographic. By delivering outstanding customer service and support, we will also put a lot of effort into cultivating long-lasting connections with our partners and clients.
As a result, we will be able to respond swiftly to shifting market conditions.
We will provide competitive salary packages and a supportive work environment in order to draw in and keep top people.
Leading
, it takes meticulous preparation, effective organization, powerful leadership, and effective control to launch a small business in a promising sector. I am convinced that by putting the information taught in this Business Foundation class to use, my start-up business will be well-positioned to attain sustainable .
Learn more about Planning here
https://brainly.com/question/10559489
#SPJ1
47. Shauna received a distribution from her 401(k) account this year. In which of the following situations will Shauna be subject to an early distribution penalty?
A. Shauna is 60 years of age but not yet retired when she receives the distribution.
B. Shauna is 58 years of age but not yet retired when she receives the distribution.
C. Shauna is 56 years of age and retired when she receives the distribution.
D. Shauna is 69 years of age but not yet retired when she receives the distribution.
When Shauna receives the distribution, she is 58 years old but not yet retired.
What exactly do you mean by "account"?
A document of credit and debit entries covering transactions involving a specific item (such as money or account receivables) or a specific person or concern.
What Are the Different Types of Savings Accounts?
Account for checking. Consider a checking account to be your "everyday account." It's a place where you keep money that you can use to pay bills or cover day-to-day expenses.Account for Savings.Account for Money Market.Deposit Certificate (CD).To know more about Accounts visit:
https://brainly.com/question/22917325
#SPJ4
the world bank multiple choice is also known as the international monetary fund (imf). lends money to developing nations for basic infrastructure projects such as dams, irrigation, health and sanitation, communications, and transportation. is an affiliate of the world trade organization (wto). provides subsidies to private firms so they can improve their wages and working conditions.
The world bank lends money to developing nations for basic infrastructure projects such as dams, irrigation, health and sanitation, communications, and transportation. Option B
What is the function of the world bank?The World Bank Group works to boost the private sector in developing nations while simultaneously giving governments financial support, policy recommendations, and technical assistance.
187 nations control the World Bank, an agency for global development. Its job is to fight poverty by giving loans to the governments of its less wealthy members to help them develop their economies and raise the living standards of their citizens.
One of the greatest global providers of finance and expertise for developing nations is the World Bank Group.
Read more on the world bank here:https://brainly.com/question/9882243
#SPJ1
T/F when making a decision in the presence of uncertainty, decision makers should only be interested in the average, or expected, outcome.
When making a decision in the presence of uncertainty, decision makers should only be interested in the variability of possible outcomes.
What sort of variation would that be?The range, or the difference between a set's greatest and lowest scores, is a straightforward way to assess variability. Drug B's range is 10 and Drug A's range is 40 (100-60) in the case above (85-75). This demonstrates that the ratings for Drug A are more evenly distributed than those for Drug B.
What factors contribute to statistical variation?Variance, which is used in statistics, is a measurement of deviation from the mean or average. It is determined by subtracting each value from the data set's mean, squaring those differences to make them positive, dividing the sum of the squares by the total number of values in the data set.
To know more about Variability visit:
https://brainly.com/question/17344045
#SPJ4
Game Source manufactures video games that it sells for $43 each. The company uses a fixed manufacturing overhead allocation rate of $6 per game. Assume all costs and production levels are exactly as planned. The following data are from Game Source's first two months in business during 2018: (Click the icon to view the data.) Read the requirements. Requirement 1. Compute the product cost per game produced under absorption costing and under variable costing. October 2018 November 2018 Variable Absorption Variable Absorption costing costing costing costing Total product cost per game Requirement 2a. Prepare monthly income statements for October and November, including columns for each month and a total column, using absorption costing. Game Source Absorption Costing Income Statement October 2018 November 2018 Total Operating Income Requirement 2b. Prepare monthly income statements for October and November, including columns for each month and a total column, using variable costing. Game Source Variable Costing Income Statement October 2018 November 2018 Total Operating Income Requirement 3. Is operating income higher under absorption costing or variable costing in October? In November? Explain the pattern of differences in operating income based on absorption costing versus variable costing. In October, the operating income is higher under costing. The primary reason for this is that are distributed across the entire production of fixed manufacturing overhead costs are run as part of the unit cost. Under the absorption costing method, $ In November, the operating income is higher under costing. The primary reason for this is because $ of fixed manufacturing overhead that is contained in the units in ending inventory under As inventory as was the case in November, October's costs that absorption costing assigned to that inventory are expensed in absorption costing income. This November's Requirement 4. Determine the balance in Finished Goods Inventory on October 31 and November 30 under absorption costing and variable costing. Compare the differences in inventory balances and the differences in operating income. Explain the differences in inventory balances based on absorption costing versus variable costing. October 31, 2018 November 30, 2018 Variable Absorption Variable Absorption costing costing costing costing Finished Goods Inventory The higher inventory balance under is representative of the Under absorption costing, the difference in the product cost per game is whereas under variable costing, the difference in the product cost per game is Data Table October November Sales 1,400 units 3,000 units Production 2,400 units 2,400 units Variable manufacturing cost per game 17 $ 17 Sales commission cost per game 7 7 14,400 14,400 Total fixed manufacturing overhead Total fixed selling and administrative costs 11,000 11,000
The business allocates $5 each game as fixed production overhead. Assume that all expenses and production levels will be precisely as anticipated.
What sort of expense falls under the variable category?Examples of variable costs include raw material and packaging prices for manufacturing companies, as well as credit card transaction fees and shipping charges for retail businesses, which fluctuate with sales. A constant cost can be contrasted with a variable cost.
What are examples of fixed and variable costs?Fixed costs These are expenses like your monthly rent or mortgage that essentially never change. Variable costs include those that change or are erratic, such as eating out or auto repairs.
To know moreproduction visit:
https://brainly.com/question/22852400
#SPJ4
Although water transport was still less expensive, railroads offered more direct and dependent routes. for these reasons, trade became less costly and time consuming, and therefore, more common.
The given statement is true because the railroads have made trades more common since they consume less cost and time in comparison to trades done through water transport.
Railroads offer supplies of goods and services on a direct and independent routes. Shipping via railroads is more environmentally friendly. Rails burn less fuel than ships, which means that rails have lower fuel costs compared to water transport. Therefore it can be said as railroads are a prolonged force in the economic life of any country, offering more direct and dependent routes. Because of these advantages of railroads, trades have become less costly and less time-consuming, so as more common.
"
Complete question is:
Although water transport was still less expensive, railroads offered more direct and dependent routes. for these reasons, trade became less costly and time consuming, and therefore, more common.
True
False
"
You can learn more about trade at
https://brainly.com/question/17727564
#SPJ4
Which of the following is a disadvantage of advertising?
Answer:cost
Explanation:
Cost - One of the major disadvantages of advertising is the cost involved in the entire process.
advertising in some countries can distort media choice by changing the cost ratios of various media. question 47 options: 1) taxation 2) language 3) demographics 4) cultural focus 5) channels
Advertising taxation in some countries can distort media choice by changing the cost ratios of various media.
Is advertisement tax under GST?GST at a rate of 18% is applicable to digital media advertising. 2. GST on print media advertisements: In this instance, the advertisement is printed in print media, such as newspapers, magazines, etc. A five percent GST is applied to such print media advertising.
If the advertising agency operates on a principal-to-principal basis, that is, buys space from the newspaper and sells that space for an advertisement to clients on its own account, that is, as a principal, it would be obligated to pay GST at 5% on the full amount charged by the advertising agency to the client.
To learn more about advertising taxation, visit:
https://brainly.com/question/22066348
#SPJ4
For the first week of May, the Carlisle Club budgeted for 600 room nights at an average room rate of $65.00. Actual room nights for the first week totaled 500 with an average room rate of $70.00. Based on the information given, run a complete variance analysis for revenue by indicating variance conditions for each of the revenue variance components. $4,000 (U): $3,000 (U): $6,500 (U); $500 (F) $4,000 (F); $3,000 (F); $6,500 (U); $500 (U) $4,000 (U): $3,000 (F); $6,500 (U); $500 (U) $4,000 (F): $3,000 (U); $6,500 (U): $500 (F)
A total of 500 actual room nights at an average rate of $70.00 were recorded throughout the first week. Run a thorough variance analysis based on the provided information.
How do you finish a variance analysis?The basic steps for performing variance analysis are listed below in five steps.
Data collection is the first step. The best course of action is to compile all necessary information in one central area before starting.
Determine Variances in Step 2.
Assess variations in Step 3.
Prepare management reports as the fourth step.
Modify forecasts in Step 5.
The definition of revenue variance analysis
Based on sales volume indicators, sales mix metrics, and contribution margin calculations, revenue variance analysis is used to assess discrepancies between actual sales and predicted sales.
To know more about variance analysis visit:
https://brainly.com/question/28234853
#SPJ4
Mira and Marie sell computers. Last month Mira sold 16 more computers than Marie. Together they sold 56. How many computers did Marie sell?
The number of computers that Marie sold, given the number of computers that they both sold, can be found to be 20 computers
How to find the number of computers sold ?The number of computers sold together would be :
Computers sold together = Number sold by Marie + Number sold by Mira
Assuming the number sold by Marie is x, the formula would be :
56 = x + ( 16 + x )
The number sold by Marie is:
56 = x + ( 16 + x )
56 = 2x + 16
2x = 56 - 16
x = 40 / 2
x = 20
Find out more on computers sold at https://brainly.com/question/29138594
#SPJ1
assume that country x and country y are trading partners. if the average income in country x increases, which of the following will occur in the foreign exchange market?
If the average income in country x increases, in the foreign exchange market the demand for country X's currency will increase, and country Y's currency will depreciate. Thus, Option (B) is correct.
When the average income in Country X increases, its citizens' purchasing power rises. This results in a higher demand for goods and services, including those from Country Y. To make purchases from Country Y, people in Country X need more of Country Y's currency, increasing the demand for it.
Simultaneously, as the demand for Country Y's currency rises in Country X, the demand for Country X's currency also increases due to higher economic activity.
Consequently, the value of Country X's currency strengthens, while Country Y's currency depreciates relative to Country X's currency. This is a natural outcome of the income disparity and trade interactions between the two countries.
Thus, Option (B) is the accurate description of what happens in the foreign exchange market when the average income in Country X increases.
Learn more about foreign exchange here:
https://brainly.com/question/24276072
#SPJ12
Assume that Country X and Country Y are trading partners. If the average income in Country X increases, which of the following will occur in the foreign exchange mean?
A)The demand for country Y's currency will increase, and country X's currency will depreciate.
B)The demand for country X's currency will increase, and country Y's currency will depreciate.
C) Nothing will change
refer to exhibit 3-9. a severe recession has sharply decreased the incomes of consumers. knowing that x is a normal good, you expect a movement in the market for x from
A severe recession has sharply decreased the incomes of consumers. knowing that x is a normal good, you expect a movement in the market for x from B to A.
The term "recession" is used in economics to describe the economic downturn brought on by a reduction in supply or demand. The production, employment, and income of domestic economies generally diminish, which in turn results in additional drops in demand and investment, lengthening the recessive process. Because of this, when demand or production falls, the recession tends to last longer, deepen, and speed up, signalling that the affected nation's domestic economy will be in decline.
To learn more about recession, visit:
https://brainly.com/question/14737261
#SPJ4
Consider the labor market for hairstylists in two small towns, each with only one hair salon, such that the owners of the salons have monopsony hiring power for hairstylists. The following graphs depict the labor supply, marginal expense (MÐ, or more generally, marginal resource cost, MRC) of labor, and labor demand in these markets.
In two small towns, salon owners have monopoly power, meaning they are the only employers in the market. As a result, the supply of labor is determined by the wages offered by salons, while the demand for labor is determined by the number of haircuts salons can provide.
In both cities, the marginal resource cost (MRC) is higher than the offered wages, which means that salons are not maximizing their profits by hiring all available labor. This is due to the monopsony power of salons, as they are able to set wages below the marginal resource cost of hiring labor. Salons are therefore able to capture part of the surplus for themselves, rather than handing it over to hairdressers.
To know more about MRC click here
https://brainly.com/question/14156745
#SPJ4