Answer:
D. Upstream and downstream costs are reported as product costs on the income statement.
Explanation:
Downstream cost is the cost that are spend by the company when the process of the production is completed or the product is ready for delivery made to the customers so this cost would be considered as a distribution to the marketing
While on the other hand the upstream cost is the cost i.e. spend prior to the process of the production like buying of the raw material, product design & development etc
So the downstream would not be recorded as a product cost but it would be recorded as a period cost in terms of the selling and marketing expense
Therefore the option D is incorrect
Blue Firm
Low Price High Price
Yellow Firm Low Price Y: 26 , B: 20 Y: 48 , B: 12
High Price Y: 24 , B 36 Y: 38 , B: 32
According to the payout matrix above, where a higher value is considered better,
A. Both firms have a dominant strategy to pick the High Price option
B. Only the Yellow firm has a dominant strategy to pick the High Price option
C. Only the Blue firm has a dominant strategy to pick the High Price option
D. Only the Yellow firm has a dominant strategy to pick the Low Price option
E. Only the Blue firm has a dominant strategy to pick the Low Price option
F. Both firms have a dominant strategy to pick the Low Price option
Answer:
F. Both firms have a dominant strategy to pick the Low Price option
Explanation:
In the given case as we can see that in the yellow form there is always a greater payoff by having a lesser price so it can be said that it set a less price
Now for the blue firm it also select the lesser price
So here the nash equilibrium would be
= (Low price, low price)
= (26,20)
The first payoff would be considered as a yellow firm and the other one is blue one
Therefore the last option is correct
Beckenworth had cost of goods sold of $11,121 million, ending inventory of $3,789 million, and average inventory of $2,135 million. Its days' sales in inventory equals:________. (Use 365 days a year.)
Answer:
124.4 days
Explanation:
Calculation for what Its days' sales in inventory equals:
Using this formula
Days' sales in inventory =Ending inventory/Cost of goods sold*365 days.
Let plug in the formula
Days' sales in inventory=$3,789 million / $11,121 million *365
Days' sales in inventory = 124.4 days
Therefore Its days' sales in inventory equals:124.4 days
Newton Manufacturing has 31,000 labor hours available for producing M and N. Consider the following information: Product M Product N Required labor time per unit (hours) 2 3 Maximum demand (units) 6,500 8,000 Contribution margin per unit $ 5 $ 5.70 Contribution margin per labor hour $ 2.50 $ 1.90 If Newton follows proper managerial accounting practices in terms of setting a production schedule, how much contribution margin would the company expect to generate
Answer:
total contribution margin = $68,500
Explanation:
31,000 hours of labor available
Product M Product N
Required labor time per unit (hours) 2 3
Maximum demand (units) 6,500 8,000
Contribution margin per unit $5 $5.70
Contribution margin per labor hour $2.50 $1.90
since the constraint here is the total number of labor hours, the company must first produce the product that generates the highest contribution margin per labor hour = product M.
total units produced of product M = 6,500
total labor hours required = 6,500 x 2 = 13,000
contribution margin product M = 13,000 x $2.50 = $32,500
remaining labor hours = 31,000 - 13,000 = 18,000
total units of product N produced = 18,000 / 6 = 6,000
contribution margin product N= 18,000 x $2 = $36,000
total contribution margin = $68,500
has 17,500 shares of stock outstanding along with $408,000 of interest-bearing debt. The market and book values of the debt are the same. The firm has sales of $697,000 and a profit margin of 6.8 percent. The tax rate is 35 percent, the debt-equity ratio is 40 percent, and the price-earnings ratio is 11.8. The firm has $130,000 of current assets of which $41,200 in cash. What is the enterprise value
Answer:
$926,073
Explanation:
Enterprise value=market capitalization+value of debt-cash
value of the firm=price-earnings ratio=11.8
earnings=net income
net income=profit margin*sales
net income=$697,000*6.8%=$47,396
11.8=market capitalization/$47,396
market capitalzation=11.8*$47,396=$559,272.80
enterprise value=$559,272.80+$408,000-$41,200=$ 926,072.80 (approx $926,073)
Assets Liabilities
Total Reserves $60,000
Demand Deposits $200,000
Loans $140,000
The balance sheet above shows the financial situation for the Car central bank has set a reserve requirement of 10 percent. What is additional money Carland National Bank can create?
a. $600,000.
b. $40,000.
c. $200,000.
d. $60,000.
e. $400,000.
Answer:
b. $40,000
Explanation:
Calculation for What additional money Carland National Bank can create
Using this formula
Additional money=Total Reserves-(Demand Deposits*Reserve requirement percentage)
Let plug in the formula
Additional money = $60,000 -( $200,000*10%)
Additional money = $60,000-$20,000
Additional money = $40,000
Therefore the additional money Carland National Bank can create will be $40,000
A payroll tax is collected by which of the following methods?
A.
It is automatically deducted as a percentage of the paycheck.
B.
The paycheck is brought to the bank for the tax to be deducted.
C.
The payroll tax is paid with the income tax on April 15 of each year.
D.
The government deducts a percentage of your paycheck directly from your personal bank account.
Please select the best answer from the choices provided
A
B
C
D
Answer:
A.
It is automatically deducted as a percentage of the paycheck.
Explanation:
just did it on the exam
Big Fork Lumber Company incurs a cost of $402 per hundred board feet (hbf) in processing certain "rough-cut" lumber, which it sells for $540 per hbf. An alternative is to produce a "finished cut" at a total processing cost of $523 per hbf, which can be sold for $668 per hbf. Prepare a differential analysis dated August 9 on whether to sell rough-cut lumber (Alternative 1) or process further into finished-cut lumber (Alternative 2).
Answer and Explanation:
The preparation of the differential analysis is presented below:
Particulars Sell Rough cut Process Differential
(Alternative 1) Further into Effect on income
Finished cut (Alternative 2)
(Alternative 2)
Revenues
per 100 board feet $540 $668 $128
Cost per $100
Board ft -$402 -$523 -$121
Income
or loss
per 100 board $138 $145 $7
In the case when the product would get process further so there is an increase in revenue by $7
A company had a beginning balance in retained earnings of $43,300. It had net income of $6,300 and declared and paid cash dividends of $5,700 in the current period. The ending balance in retained earnings equals:
The search for and qualification of potential customers during the personal selling process is referred to as:_____.
Answer:
Prospecting.
Explanation:
This is known to be the first step that is been taken in a bid to get potential customers in a marketing process. Its made by of these marketers is firstly to qualify a recipient as a prospect and is other cases, someone who may have a need for your business products or services, or not. Its goal of is to develop a database of likely customers and then systematically communicate with them in the hopes of converting them from potential customer to current customer.
how the consumer motivated to purchase product. what are the critaria and decision making
Answer:
In plain terms, the consumer motivation is the set of cognitive factors driving a customer's determination to make a single sale. The payment is the ultimate product of a "Purchaser's Process" scheme, a three-stage mechanism consisting of:
1.Awareness.
2.Interest.
Determination
what are the three basic types of issues that arise in business finance?
Answer:
Capital Budgeting, Capital Structure Decisions, and working Capital Management.
Suppose that there are two types of cars, good and bad. The qualities of cars are not observable but are known to the sellers. Risk-neutral buyers and sellers have their own valuation of these two types of cars
Types of Cars Buyers Valuation Seller Valuation
Good (50% probability) 5,000 4,500
Bad ( 50% probability) 3,000 2.500
When a buyer does not observe the quality, what is the highest price she will offer for a used car if she ignores adverse selection?
A. $2,500
B. $3,000
C. $4,000
D. $4,500
Answer:
C. $4,000
Explanation:
If he buyer does not have complete information about the car's quality, he/she will likely offer the expected value for a car = ($3,000 x 50%) + ($5,000 x 50%) = $4,000 car. In this type of scenarios, sellers of lemons (bad cars) are benefited since they are able to get a higher price, but sellers of goods cars are hurt because buyers assume their cars are bad.
Mentor Corp. has provided the following information for the current year: Units produced 3,500units Sale price$200per unit Direct materials$70per unit Direct labor$55per unit Variable manufacturing overhead$20per unit Fixed manufacturing overhead$350,000per year Variable selling and administrative costs$30per unit Fixed selling and administrative costs$150,000per year Calculate the unit product cost using variable costing.
Answer:
the unit product cost using variable costing is $145 per unit
Explanation:
The computation of the unit product cost using variable costing is as follows:
= Direct materials per unit + direct labor per unit + variable overhead per unit
= $70 + $55 + $20
= $145 per unit
Hence the unit product cost using variable costing is $145 per unit
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Proponents of rational expectations argued that the sacrifice ratio:______.a. could be high because people might adjust their expectations quickly if they found anti-inflation policy credible. b. could be low because people might adjust their expectations quickly if they found anti-inflation policy credible. c. could be low because it was rational for people not to immediately change their expectations. d. could be high because it was rational for people not to immediately change their expectations.
Answer:
b. could be low because people might adjust their expectations quickly if they found anti-inflation policy credible
Explanation:
In the given situation, it is mentioned that the rational expectations proponets said that the sacrified ratio would be lesser as the people wants to adjust their expectations in a fastest way in the case when they found that the anti-inflation policy is credible
Therefore as per the given situation, the option b is correct
The following unadjusted trial balance contains the accounts and balances of Dylan Delivery Company as of December 31, 2017
a. Unrecorded depreciation on the trucks at the end of the year is $8.231
b. The total amount of accrued interest expense at year-end is $8,000.
c. The cost of unused office supplies still available at year-end is $1,400.
1. Prepare the year-end closing entries for Dylan Delivery Company as of December 31, 2017
2. Determine the capital amount to be reported on the December 31, 2017 balance sheet.
Answer:
Question 1
Part a
Debit : Depreciation $8.231
Credit : Accumulated Depreciation $8.231
Part b
Debit : Interest Expense $8,000
Credit : Long term notes payable $8,000
Part c
Debit : Office Supplies Expenses $ 500
Credit: Office Supplies $ 500
Question 2
Capital amount to be reported on the December 31, 2017 balance sheet is $170,551
Explanation:
See below the full question that i have attached
Calculation of Capital amount as at December 31, 2017
Balance before adjustments $187,282
Adjustments :
Depreciation ($8.231)
Interest Expense ($8,000)
Office Supplies Expenses ($ 500)
Balance after adjustments $170,551
At which stage of project management do you need to discuss and clarify doubts about the project with the client?
А. risk mitigation
B. project Initiation
C. project planning
D. project execution
Answer:
C. Project Initiation
Explanation:
You typically should sort out all questions and concerns about a project to a client before the actual work on the project begins. Project Initiation is sort of pre-planning: it is pitching an idea to a client.
Risk mitigation is esentially risk management, or fixing problems after they arise.
Project planning is the beginning of the project where you map out the path you'd take to execute the idea.
Project execution is the actual work that is done to complete the project.
Answer:
B. project initiation
(got it right on edmentum)
be sure to check the picture below fro more secure to getting this question rightExplanation:
Please choose one of following answers that are in quote
What is the opportunity cost in this scenario?
Harry has been very busy at work for the past two weeks. He has been working weekends too. Finally, he is going to get a weekend off. "Originally, he planned to paint his apartment that weekend." "He also considered going fishing for the weekend." "But then his parents called and asked him to come for dinner because it has been a while since they have seen each other."
"Later on, his friend Theo informed him about a surprise birthday party for another friend." Theo plans to reserve a room at a restaurant for the celebration, with the cost to reserve the room split between Theo, Harry, and three other friends.
Now Harry is confused about what he should do over the weekend. He decides that, for him, the most important commitments are going over to his parent's house and attending his friend's birthday party. In the end, Harry decides to see his parents.
Answer:
it would be better to go the his parents house so it would be cheaper, probably around $10
Explanation:
g Machinery was purchased for $400000 on January 1, 2022. Freight charges amounted to $14000 and there was a cost of $36000 for building a foundation and installing the machinery. It is estimated that the machinery will have a $50000 salvage value at the end of its 4-year useful life. What is the amount of accumulated depreciation at December 31, 2023 if the straight-line method of depreciation is used
Answer:
Accumulated depreciation at December 2023 = $200000
Explanation:
The cost of a fixed asset should be reported as the cost of buying the asset plus any cost incurred in bringing the asset in the location and condition necessary for its use as deemed by the management. Thus, the cost of machinery as reported will be,
Machinery Cost = 400000 + 14000 + 36000 = $450000
The straight line method charges a constant depreciation expense through out the useful life of the asset. The formula for depreciation under this method is,
Depreciation expense per year = (Cost - Salvage value) / Estimated useful life
Depreciation expense - 2022 = (450000 - 50000) / 4
Depreciation expense - 2022 = $100000
Depreciation expense - 2023 = (450000 - 50000) / 4
Depreciation expense - 2023 = $100000
Accumulated depreciation at December 2023 = 100000 + 100000 = $200000
Which statement about the role of white papers in business solutions is true? Multiple Choice They directly address a customer's needs by minimizing click-away. They help a customer solve a problem without promoting a particular company's products. They are regularly updated websites, written in an informal and conversational style. They have the promotional objectives of brand positioning. They are very effective in building customers' trust when a subjective tone is used.
Answer: They help a customer solve a problem without promoting a particular company's products
Explanation:
White paper is simply refered to as an authoritative report that is used in order to addresses certain issues that are deemed to be vital and also provide solution to such issues.
White papers gives awareness regarding particular products and it helps customer solve a problem without promoting a particular company's products.
The fictional country of Anastialia is a small country with rich resources in minerals. In an 8 hr work day it can produce 100 pounds of silver or 50 pounds of copper. If Anastialia decides to produce copper instead of silver it is ignoring the fact that its silver production has a(n)________ to copper.
a. production advantage
b. absolute advantage
c. comparative advantage
Answer:
c. comparative advantage
Explanation:
As we know that
The one pound of silver would be equivalent to 0.5 pound of copper
And,
one pound of copper would be equivalent to 2 pounds of silver
based on this, there is a comparative advantage with respect to the silver production
Hence, the correct option is c.
Therefore all the other options are incorrect
Sheridan, Inc. is a calendar-year corporation whose financial statements for 2020 and 2021 included errors as follows: Year Ending Inventory Depreciation Expense 2020 $254000 overstated $200000 overstated 2021 121000 understated 79500 understated Assume that purchases were recorded correctly and that no correcting entries were made at December 31, 2020, or at December 31, 2021. Ignoring income taxes, by how much should Sheridan's retained earnings be retroactively adjusted at January 1, 2022
Answer:
the retained earnings retroactively adjusted is $241,500
Explanation:
The computation of the retained earning retroactively adjusted is as follows:
Net income overstated -$54,000 ($254,000 - $200,000)
Net income understated $41,500 ($121,000 - $79,500)
Inventory $254,000
Increase in retained earnings $241,500
Hence, the retained earnings retroactively adjusted is $241,500
OKRs can be executed in stages. The first stage would be keyed to a deadline and then then once the project is completed and running objectives can be keyed to cash flow metrics.
a) true
b) false
Answer:
b) false
Explanation:
OKR is a goal-setting method used by companies. It is impleemented using following steps
Communicate the OKRChoose a tool used for OKROrganize the Company's OKRSet the company's OKRSet every single OKR for teams, departments and IndividualsMake the changes in OKR if requiredApprove the OKR Evaluate the OKR at each period end.So, the OKR cannot be implemented in a single step and it requires multiple steps.
Hence the given statement is false.
Suppose the credit terms offered to your firm by its suppliers are 2/10, net 30 days. Your firm is not taking discounts, but is paying after 22 days instead of Day 30. You point out that the nominal cost of not taking the discount and paying on Day 30 is approximately 37%. But since your firm is neither taking discounts nor paying on the due date, what is the effective annual percentage cost (not the nominal cost) of its costly trade credit, using a 365-day year
Answer: 63.5%
Explanation:
Assuming 365 days, the effective annual percentage cost is;
= ( 1 + 2%/(100% - 2%) ) ^ ( 365 / (25 - 10 days) ) -1
= 1.634928727 - 1
= 0.6349
= 63.5%
What examples best demonstrate likely tasks for Distribution and Logistics workers? Check all that apply. Stacy supervises workers who create advertising strategies for a company. Mariano creates a website for providing information about a company’s product. Soledad identifies ways to reduce a company’s storage and shipping costs. Thurman researches the potential customers for a company to find out what they want. Portia supervises workers who ship and store products in a warehouse. Denver analyzes the supply chain for a company’s product.
Answer:
the real answer is c,e, and f
Explanation:
your welcome america
The best demonstrate likely tasks for Distribution and Logistics worker are a,c, and f.
What is distribution and logistics management?Distribution and logistics management is a critical company function. It play a key role in fulfilling customer demands, ordering and managing inventory, controlling inbound and outbound shipments, reducing costs, saving time, and meeting company objectives. and vision.
So the correct examples for Distribution and Logistics workers are: Portia supervises workers who ship and store products in a warehouseSoledad identifies ways to reduce a company’s storage and shipping costs. Denver analyzes the supply chain for a company’s product.Learn more about Distribution and Logistics here: https://brainly.com/question/27092762
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Sraibn271 Corporation has two divisions: Domestic Division and Foreign Division. Last month, the corporation reported a contribution margin of $46,400 for Domestic Division. Foreign Division had a contribution margin ratio of 35% and its sales were $243,000. Net operating income for the Sraibn271 Corporation was $36,800 and traceable fixed expenses were $51,000.
(ID#19361)
What were Sraibn271 Corporation's common fixed expenses?
a) $131,450
b) $43,650
c) $51,000
d) $94,650
Answer: b) $43,650
Explanation:
Contribution margin of Domestic division + contribution margin of Foreign division - traceable fixed cost - common fixed cost = Net operating income for company
46,400 + (0.35 * 243,000) - 51,000 - Common = 36,800
80,450 - Common = 36,800
Common = 80,450 - 36,800
= $43,650
This is a good question to ask during an interview A) How many vacation days do I get? B) What kind of products or services do you provide? C) How many hours of training will I need? D) None of the above
Answer:
C) How many hours of training will I need?
which of these statements reflects a long-term goal
A- "I want to be a public relation specialist"
B- " I want to pass my state licensing exam"
C- "I want to enroll in weekend classes"
Answer:
A. "I want to be a public relation specialist"
Explanation:
"I want to be a public relation specialist" of these statements reflects a long-term goal.
What is the statement?Statements are sentences that express a fact, idea, or opinion. Statements do not ask questions, make requests or give commands. They are also not utterances. Statements are sentences that express a fact, idea, or opinion. Statements do not ask questions, make requests or give speech acts. They are also not exclamations.
A corporation or organization's public image is created and maintained by public relations professionals. They produce material, such as press releases and social media posts, that influence public perception of the business or organization and raise brand recognition. statement
This concept is significant to the ethnographic interview process by conducting an ethnographical interview, the interviewer is attempting to gain a good understanding of the social difficulties in which clients and their family units exist and how they perceive and understand those situations.
Therefore, option (A) is correct.
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People work for many different reasons, including to be around others and to make a co
Please select the best answer from the choices provided
T
F
Answer:
True
Explanation:
People work for different and diverse reasons. The most common one is to earn their livelihood. However, there are those with sufficient resources to last a lifetime, but they still work.
Some people indeed go to work to be with others. They find identity and comfort in the workplace. To them, work is not about making money, but working is a way of life. A workplace provides social and emotional support to such people, which is important to them more than monetary compensation.
April's credit card has a balance of $483.42, but the amount that she needs to pay to bring the
card to a $0 balance is $726.18 because she missed a payment. What is April's interest rate?
The interest rate for April is 50.29%.
What is Interest ?In the fields of finance and economics, interest is the payment of a sum over and above the principal amount to a lender or depositor by a borrower or deposit-taking financial institution at a set rate.
It is not the same as a fee that the borrower might pay to the lender or another entity.
Given that April's credit card debt is $483.42 but that he needs to make a payment of $726.18, the interest rate for non-payment that he is subject to is as follows:
483.42 = 100
726.18 = X
((726.18 x 100) / 483.42) = X
= X
Consequently,
since 150.29 = 150.29 - 100 = 50.29 %
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What is the fundamental economic problem?
..........................