Answer:
D. Variable overhead is a relatively small part of total overhead.
Explanation:
The variable overhead of the cost behavior would become more difficult for estimation as compared with the behavior of direct materials or direct labor for all the given reasons but it should not be valid for the variable overhead that contains small part of the total overhead
Therefore according to the given situation, the option D is correct
An individual who is employed part time but is looking for a full-time job is classified as.
Also, an individual who is working part-time at an office job but would prefer to instead work full-time is considered underemployed.
Underemployment is the underuse of a worker because a job does no longer use the worker's talents, is a component-time, or leaves the employee idle. Examples consist of conserving a part-time job despite wanting complete-time work, and overqualification, wherein the worker has the education, enjoy, or talents past the requirements of the activity.
Underemployment has been studied from a ramification of perspectives, which include economics, management, psychology, and sociology. In economics, for example, the term underemployment has three exceptional awesome meanings and applications. all of the meanings contain a scenario wherein someone is operating, in contrast to unemployment, where someone who's looking for work cannot discover an activity. All meanings contain below-utilization of hard work which is missed by maximum legit (governmental company) definitions and measurements of unemployment.
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Help! Select the qualification that is best demonstrated in each example.
Melanie is a fitness instructor who encourages her students to achieve their goals. ____
1. Ability to handle money
2. Accuracy and attention to detail
3. Leadership skills
4. Organizational skills
Jacob counts and organizes cash at a casino. _____
1. Maintenance of safety
2. Communication skills
3. Teamwork skills
4. Ability to handle money
Adra is proud that she has never had an accident while running a ride at an amusement park. ______
1. Organizational skills
2. Leadership skills
3. Ability to operate equipment safety
4. Communication skills
Juan plans fun activities for groups of people. _____
1. Communication skills
2. Accuracy
3. Teamwork skills
4. Organizational
Answer:
What ghazaryanelen101 Said ↑↑↑↑
Explanation:
Akwamba made this statement ‘organisations cannot be successful if managers fail to pay attention to the forces in the external environment’. Do you agree or not? Justify using practical examples (9 marks)
Answer:
Yes, I agree.
Find explanation below.
Explanation:
The external environment of a business simply refers to the factors found outside the business which can have a profound effect on it. There are basically two types of external environments, namely;
1. The directly interactive which has a direct impact on the business. Examples include, business owners, the customers, contractors, and competitors.
2. Indirectly interactive whose impact on the business is not immediate. Examples include, the political , socio-cultural, economic influences among others.
Practical Examples:
1. Customers play a crucial role to the running of businesses. Managers must take care to listen to the concerns of the customers and attend to their needs urgently. For example, if a customer complains about his dissatisfaction with a style of service, managers should endeavor to address the concern to avoid losing the customer.
2.Political: Government rules and regulations have an impact on businesses because, not adhering to them could lead to sanctions and even closure of the business. Managers must ensure that they heed to and comply with governmental instructions, such as tax payment.
Introduction of 5 year career development plan
A five-year plan is a list of goals, either personal or professional, that you want to achieve within the next five years. It often includes ambitions with specific timelines and measurements.
How would you define a career?A career is when you continue doing the same kind of work. One job or several jobs might make up a career. You could work for a single business or several. Sometimes a "career path" is used to describe a career. Education, training, and professional experience all go into a career.
What does a life career entail?The range of experiences you've had throughout your life make up your career. You are developing your career as you accumulate more job and life experience. Your education, training, and paid or unpaid employment all factor towards your career path.
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Which of these is a method for gaining feedbackin agile?
provide input after being requested.
First, ask questions.
Relay only information that is in the receiver's control.
When giving instances, be succinct and precise.
What are some of the processes that an agile project might use to get feedback?We'll give you an example and go into further detail about the result.
Putting Feedback Loops into Practice on a Kanban Board.
1) Everyday Meeting (Standup Meeting)
2) A meeting to replenish and commit.
Meeting to plan the delivery.
Review of the Service Delivery
Which methodologies are available in Agile?Scrum, Kanban, Extreme Programming (XP), Lean Development, and Crystal are the five primary Agile techniques.
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5. If this person wanted to change his deductions so he could have more money for rent, which
taxes or deductions should he change? Explain why with a specific reason. Think about which
taxes affect or help you the most.
If this person wants more money for rent, they could consider adjusting their deductions for housing-related expenses, such as mortgage interest.
One specific deduction they could change is the deduction for mortgage interest. By increasing their mortgage interest deduction, they could potentially lower their taxable income and reduce their overall tax liability. This would result in more disposable income that could be allocated towards rent.
The mortgage interest deduction allows taxpayers to deduct the interest paid on their mortgage loans. By increasing the amount of mortgage interest they can deduct, the person can potentially lower their taxable income and decrease the amount of taxes owed. This would free up more money that could be used to cover the cost of rent.
It's important to note that individual circumstances and tax laws vary, so it is advisable for this person to consult with a tax professional or accountant to fully understand their options and ensure compliance with tax regulations.
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what are the basic parts of business letter?
You are reading product reviews posted online by consumers. Which external information source are you using?
A. company website
B.industry website
industry website
C. social media
D. print media
E consumer report
Option (e), Reading customer reviews of products that have been put online. The external information source you're employing is called Consumer Report.
What does it mean when something is a "internal source" or a "external source"?Internal data refers to information regarding the business's activities, maintenance, personnel, and finances. Market information that comes from customers and competitors is external. It comprises data like statistics from surveys, polls, research studies, and customer feedback.
Consumer reviews are what kind of information?Customer review data is the sum of consumer ratings and reviews of products, services, and businesses. Customer feedback data looks at how consumers engage with and use a brand's products and services. what consumers think about a business.
Why are consumer product reviews important?Product reviews help businesses choose which products to stock in addition to helping consumers make informed decisions. According to Invsep, 90% of customers check internet reviews before visiting a business, and 88% of them think that these reviews are just as trustworthy as personal recommendations.
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A crab fisherman goes out to sea for weeks at a time catches as many crabs as possible and sells the crabs to larger distributors what field of business activity does this fall under
A crab fisherman goes out to sea for weeks at a time catches as many crabs as possible and sells the crabs to larger distributors .commercial industry field of business activity falls under this category.
Geographically, oceans are smaller than oceans and are usually found where land and ocean meet. Part of the ocean is usually surrounded by land. The sea is located at the edge of the sea and is partially surrounded by land.
The terms "sea" and "ocean" are often confused when talking about the sea. The ocean is usually considered a smaller body of water, partially covered by land. This often marks where the sea and land meet. Oceans generally refer to vast bodies of salty water that cover most of the earth.
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XYZ produces a single product and has provided the following data for its most recent month of operations:
Number of units produced 6,400
Variable costs per unit:
Direct materials $72
Direct labor $80
Variable manufacturing overhead $10
Variable selling and administrative expense $12
Fixed costs:
Fixed manufacturing overhead $224,000
Fixed selling and administrative expense $288,000
There were no beginning or ending inventories. The absorption costing unit product cost was: ____________-
Answer: $197
Explanation:
With absorption costing, the fixed manufacturing costs are absorbed by the products which means that the product cost will include fixed costs related to manufacturing.
The absorption costing unit product cost is therefore:
= Direct materials + Direct Labor + Variable manufacturing overhead + Fixed manufacturing Overhead per unit
Fixed manufacturing overhead per unit is:
= 224,000 / 6,400 units
= $35 per unit
Absorption cost unit product cost = 72 + 80 + 10 + 35
= $197
11-X
Which of the following was not a term
used to describe a manager by the
a Recent Survey?
goverment Employees Participating in
The term "dictator" is not used to describe a manager by government workers because it is more likely that they use adjectives like "authoritarian" and "strict" instead.
Who is viewed as a tyrant?A dictator is someone who exercises total control over others or at least behaves as though they do. A dictator is a leader in government who has complete control over a country and has no checks and balances to prevent power abuse. A person who behaves in a similar manner on a smaller scale is also known as a dictator. The Latin term "dictator" is the origin of the term "dictatorship." In the Roman Republic, the term "dictator" was used to describe a temporary magistrate who was given extraordinary powers to deal with state crises. However, modern dictators more closely resemble tyrants than dictators.
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what is your analysis on walmart financial health as of january 2021 compare to 2022
Why do economies have to create economic goals and answer the 4 fundamental economic questions?
Economies have to create economic goals and answer the four fundamental economic questions because they are essential for the efficient allocation of resources.
What are economies?Generally,These goals and questions help to guide economic decision-making, such as how much to produce, what to produce, how to produce it, and for whom to produce it.
By answering these questions, economies can optimize production and consumption in order to achieve the highest level of economic welfare for all members of society.
Additionally, setting economic goals allows economies to measure progress towards these goals and make necessary adjustments to achieve them.
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which of the following statements is incorrect? group of answer choices each state receives an electoral vote for each member it has in the house and the senate. electoral ballots are opened before a joint session of congress during the first week in january. state electors assemble in washington to cast their ballots. in some states, electoral votes can be split. in order to win an election, a candidate must receive at least 50% 1 votes of the electoral college.
Correct answer is option 3. Given statement State electors assemble in Washington to cast their ballots is incorrect.
Elections are held in the United States for government leaders at the national, state, as well as local levels. The president of the United States is elected obliquely by the folks of each state via an Electoral College at the federal level.
Today, these electors most often vote in accordance with their state's popular vote. The people of each state directly elect all representatives of the federal legislature, the Congress.
At the state level, there are numerous elected positions, with each state at least an optional legislator and legislature. Local elected offices exist in counties, cities, cities, townships, boroughs, and villages, as well as special districts and school systems that may cross county and municipal boundaries.
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Complete question:
which of the following statements is incorrect? group of answer choices
Each state receives an electoral vote for each member it has in the house and the senate. Electoral ballots are opened before a joint session of congress during the first week in january. State electors assemble in washington to cast their ballots. In some states, electoral votes can be split. In order to win an election, a candidate must receive at least 50% 1 votes of the electoral college.On September 30, 2024, the company paid its landlord $12,400 representing rent for the period September 30, 2024, to September 30, 2025. Digital Controls debited prepaid rent at the time the rent was paid.
The journal entries to record rent and prepaid rent at September 30, 2024 are:
Direct Debit: Prepaid Rent $12,400
Credit: $12,400 cash
This journal shows that the company paid $12,400 in cash, which is a current asset, and prepaid rent, which is an asset. Prepaid rent indicates that the organization has paid rent in advance for the next year from September 30, 2024 to September 30, 2025.
Over time, the prepaid rent account is increased each month by recording an adjustment representing the amount of rent "used" for that month. At the end of the year, the prepaid rent account has a balance of $0 and rent expense is recorded for the entire year.
What's the present value of $1,375 discounted back 5 years if the appropriate interest rate is 6%, compounded monthly?
Answer:
$1,019.39
Explanation:
Just checked the answer and it was correct.
which of the following is true of simulations?
a. Simulations provide learning situations with a high degree of human contact.
b. Trainees do not have to acquire any prior knowledge while playing a game.
c Simulations can safely put employees in situations that would be dangerous in the real world.
d. Compared to most other training methods, development costs are low.
A true statement on simulations is that c Simulations can safely put employees in situations that would be dangerous in the real world.
Why do companies use simulations?Simulations allow for companies to be able to test for how different situations and scenarios would affect the company. One way they do this is by putting their empooyees into simulations.
In these simulations, the company isfree to test anything it wants to test. This includes situations that might be dangerous to the employees in the real world, but would be fine to test in a simulation as it is not real.
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How long has Alice Spring Tow Truck been in operation, and what services do they offer?
Based on historical facts and the company's information, the Alice Spring Tow Truck has been in operation for more than 35 years, and they offer services like equipment relocation, freight transport, and vehicle recovery services.
What is Alice Spring Tow Truck?Alice Spring Tow Truck is an Australian transport and logistics company.
The company offers various logistics services around Australia and it is located in Central Australia for over 20 years.
Alice Spring Tow Truck is known to have been in operation for varying services such as:
relocation of heavy equipment freight transport vehicle recovery services. Towing of vehicle, etc.Also, Alice Spring Tow Truck operated majorly in places like
YularaTennant CreekMarlaUluruOther regions in Central AustraliaHence, in this case, it is concluded that Alice Spring Tow Truck is a logistics servicing company.
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When you are deciding who to hire, you should consider_______.
A)The job responsibilities
B)the wages
C)the hours
D)all of the above
Answer:
D. all of the above
Explanation:
When you're planning to hire somebody to work in your company, you have to consider many things such as the job responsibilities of the person, his working hours and his wage. These are important because you have to let an applicant know what kind of job he is getting himself into and how much he will be earning provided the working hours. Once he agrees to it and you're also satisfied with his skills, you may come to terms or an agreement that he may now start working in your company. This is an efficient way to hire somebody without wasting so much time.
A rational decision maker
Answer:yes
Explanation:because yes
Use the information in the table below to answer the following two questions.
Items Billions of $
Savings deposits 8000
Money market mutual funds 700
M2 13700
Checking deposits 1750
Small time deposits 750
How much is M1?
$
billion
Part 2 (1 point)See Hint
Now, calculate the amount of currency in billions of dollars in the economy from the given information (assume no traveler's checks).
$
billion
M1 includes checking deposits and savings deposits, but not money market mutual funds or small time deposits. The economy now has $3950 billion in currency.
How to calculate M1 value?Therefore, M1 = $8000 + $1750 = $9750 billion.
To calculate the amount of currency in the economy, we need to subtract the non-currency components of M1 (checking deposits and savings deposits) from M2.
Therefore, currency = M2 - checking deposits - savings deposits
= $13700 billion - $1750 billion - $8000 billion
= $3950 billion.
So, the amount of currency in the economy is $3950 billion.
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ABC Inc. has the following data for September:
Physical Units
Units in beginning work in process 8,000 units
Percentage complete:
Materials 100 %
Conversion costs 50 %
Units Started in September 10,000 units
Units completed & transferred out 15,000 units
Units in ending work in process 0 ?
Percentage complete:
Materials 100 %
Conversion costs 20 %
Costs
Materials Conversion Costs
Beginning work in process $20,000 $ 6,000
Costs added during September $30,000 $40,000
Calculate cost per equivalent unit for conversion cost
Using FIFO method & calculate:
(1) Prepare a physical unit schedule.
(2) Compute equivalent units.
(3) Compute unit costs.
(4) Prepare a cost reconciliation schedule.
The cost per equivalent unit for conversion cost is 9,000 units.
What is a cost?The cost is the amount of money needed to produce, market, and sell goods and services or buy assets.
When a product is sold or consumed, a cost is charged to expense. In the case of a buying of an asset, the charge to expense could be significantly deferred.
The cost concept underlies the transition of assets from the balance sheet to expenses in the income statement.
The cost can be a fixed cost like the lease of a building which will not vary every month or can be a variable cost like the telephone cost which can vary every month.
The cost per equivalent unit for conversion cost is 9,000 units.
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Homeowners insurance gives you both property and liability protection.
Answer:
True
Explanation:
If you have drunk friends you want this insurance.
True. Homeowners insurance provides both property and liability protection.
What is property protection?The property protection aspect of homeowners insurance covers the physical structure of the home, as well as personal belongings within the home, against perils such as fire, theft, and vandalism.
It may also provide coverage for additional structures on the property, such as garages or sheds. Liability protection, on the other hand, safeguards homeowners from legal and financial responsibility if someone is injured on their property or if they accidentally cause damage to someone else's property.
This coverage typically includes legal expenses and medical payments to the injured party.
The answer is true.
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Answer the following questions on the basis of the monopolist's situation is illustrated in the following graph.
a. At what output rate and price does the monopolist operate?
b. In the equilibrium, approximately what is the firm's total cost and total revenue?
c. What is the firm's economic profit or loss in equilibrium?
The following answers are based on a monopoly economy.
The output rate and the price at which the monopolist operates based on the graph is 100 quantities at $10.In the market equilibrium, the firm's total cost and total revenues are $750 and $1000 respectively. The firm's economic profit in the equilibrium is $250.What is a monopoly?A monopoly, as defined by Irving Fisher, is a market with "no competition," resulting in a scenario in which a certain individual or organization is the exclusive supplier of a given product.
To arrive at answer a, we need to recall that the equilibrium of a monopolist is when the Marginal Cost equals the Marginal Revenue and the Marginal Cost Curve (MC) cuts the Marginal Revenue Curve (MR ) from below.
At this point, the equilibrium output is 100, and the equilibrium price is $ 10 for every unit of production.
For the answer is b, given that the firm is producing 100 units of goods at an average total cost of $7.5 (derived from the point that aligns with MR = MC), therefore,
Total Cost = Equilibrium Output * ATC (Average Total Cost)
= 7.5 * 100
= $750
To arrive at answer c,
Recall that Economic profit is the difference between the money collected from the sale of a product and the expenses of all inputs utilized, as well as any opportunity costs, is the economic profit or loss.
Hence, Economic Profit = Total Revenue (TR) Less Total Cost (TC)
= $1000 - $ 750
= $250
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discribe your business/overview
Explanation:
The business overview is a component of a business plan that provides a general explanation of your company. By reading this section, the audience learns about your company and its structure, values, mission and offerings. It can also demonstrate what makes your company unique from competitors.
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Which type of firm would you rather work for? One who lays people off, or one that cuts everyone’s hours? Why? Think about the tradeoffs involved. Please use marginal analysis (ref. chapter 1) in your reasoning, and back up any claims you make with some documentation.
If a law was passed that required all firms to cut hours instead of lay people off, so that everybody was guaranteed a job and only hours worked fluctuated (instead of experiencing joblessness), what do you think the economic consequences would be? Specifically:;
Answer:
the one that cuts every ones hours
Explanation:
because the one that lays people off u won't have a job not paying bill the one that cuts hours because u work less but still get paid
What is the difference between first class hotel and economy hotel?
Answer:
First-Class Hotel are full-service hotels and full service all-suites hotels and a economy hotel is a hotel that provides minimum amenities and services for a lower price than a regular hotel in the area.
Explanation: A First-Class Hotel is better
Hotels are temporary place of lodging or staying for travellers or for respite. Read below about classes of hotels.
What is difference between first class hotel and economic hotel?First-Class Hotel means full-service hotels and full service all-suites hotels located in the many countries that provide food and beverage service and meeting and banquet space.
Economic hotel, on the hand, only provide basics such as accommodation and without luxury. It is even cheap and affordable.
Therefore, the difference is in the services rendered and the expense in it. One is cheap while the other is expensive.
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Identify the South African barriers to entry market share
Barriers to entry in South Africa include:
High startup costsLimited access to financingWhat are some barriers to entry ?Some industries in South Africa entail expensive start-up costs like procurement of equipment, infrastructure development or acquiring licenses which can be limiting for new entrants.
Several startups may encounter challenges in obtaining financial aid due to limited capital availability or stringent borrowing rules as well as exorbitant interest charges. The regulatory framework within the country is multifaceted and applies robust controls across a multitude of sectors that may be restrictive for businesses trying to establish themselves.
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Ronaldo’s manager told him, “Preliminary data suggest that our new fuel produces less air pollution than conventional fuels. However, we need to understand the total environmental impact of its production and use. I want you to perform a(n) ________ to quantify the total use of resources and total environmental releases, ‘cradle-to-grave,’ associated with our new fuel.”
An LCA life cycle assessment is the best solution.
What exactly is LCA?Life cycle assessment (LCA) is a procedure for evaluating the environmental risks associated with all stages of a retail venture, process, or service's life cycle. In the case of a manufactured product, for example, environmental impacts are evaluated from the extraction and processing of raw material (cradle), through manufacturing, distribution, and use, to recycling or disposal practices of the materials that comprise it (grave).
An LCA study includes a thorough inventory of the energy and materials required across the industry value chain of the product, process, or service, as well as the calculation of the corresponding emissions to the environment.
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b. What amount did Lowe's pay in cash to its suppliers during fiscal year ended February 2019?
Using the T-accounts, the amount Lowe paid in cash to its suppliers during the fiscal year ended February 2019 was B. $29,101 million.
How the amount of payment is determined:From the T-accounts for Merchandise Inventory and Accounts Payable, we can determine the amount paid.
After posting the purchases for the period into the two accounts, the difference between the debit and credit sides of the Accounts Payable gives the amount paid to suppliers.
Merchandise InventoriesAccount Titles Debit Credit
Beginning balance $5,911
Accounts Payable 29,238
Cost of goods sold $28,443
Ending balance $6,706
Accounts PayableAccount Titles Debit Credit
Beginning balance $2,695
Merchandise 29,238
Cash payment $29,101
Ending balance $2,832
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Question Completion with Answer Options:During a recent fiscal year, Lowe's purchased merchandise inventory at a cost of $29,238 ($ millions). Assume that all purchases were made on account and that accounts payable is only used for inventory purchases. The following T-accounts reflect information contained in the company's balance sheets in millions.
What amount did Lowe's pay in cash to its suppliers during the fiscal-year?
Merchandise InventoriesBeginning balance $5,911
Ending balance $6,706
Accounts PayableBeginning balance $2,695
Ending balance $2,832
A. $29,238 million
B. $29,101 million
C. $137 million
D. $2,832 million