the first step in successfully creating and using a budget is

Answers

Answer 1

Answer:

Determine your income. Start with how much money you make after tax each month

Explanation:

i hope this help


Related Questions

(a) How does Alibaba implement competitive pricing strategy in market

Answers

Explanation:

Alibaba is a Chinese business group that uses one of its main business strategies to offer a lower price than its competitors.

There are several reasons why Alibaba is able to maintain this strategy competitively, for example, as it is a group of companies with different niches and different suppliers, it is possible to find a variety of them within the group's e-commerce, which makes there are options for price variations and incentive for the consumer to choose. In addition, the price variation remains at a healthy level that does not generate losses for Alibaba.

The group also maintains a strategy of offering discounts to consumers that generate greater purchase motivation, such as discount coupons, gifts, free shipping, etc.

In deciding whether to drop or keep a product line, all of the following are relevant to the decision except: a. Whether dropping the product line today would eliminate future options for growth and expansion. b. Demand interdependencies across product lines of the company. c. The level of unavoidable fixed costs. d. Effect of the decision on overall company morale. e. The segment margin generated by the product line.

Answers

Answer:

c. The level of unavoidable fixed costs.

Explanation:

Product line in marketing is considered as a group of different products that are related to each other and often targets to the same thing. They are marketed and created under a single brand and sold by the same company. An example of it is product line hair care like shampoo, hair gel, hair wax, hair oil, etc.

Deciding a product lining is very essential to the organization. The growth and the expansion of the company depends upon the product lining of the future options. Therefore, dropping off a product line or keeping it should be decided properly. It also affects the overall morale of the company.

The relevant margin that is generated by the product line of the company should also be checked before deciding.    

Kirsten believes her company's overhead costs are driven (affected) by the number of direct labor hours because the production process is very labor intensive. During the period, the company produced 5,000 units of Product A requiring a total of 1,600 labor hours and 2,500 units of Product B requiring a total of 400 labor hours. What allocation rate should be used if the company incurs overhead costs of $20,000

Answers

Answer:

Predetermined manufacturing overhead rate= $10 per direct labor hour

Explanation:

Giving the following information:

Product A:

Direct labor hours= 1,600

Product B:

Direct labor hours= 400

Estimated overhead= $20,000

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 20,000/2,000

Predetermined manufacturing overhead rate= $10 per direct labor hour

when you hear the words financial literacy and financial wellness, what do they mean to you? (i’m not sure if it’s in the right subject but it would be nice to help?)

Answers

Answer:

Being Financial Literate means you can read and comprehend financial statements, such as a balance sheet or income statement. You understand business terminology and can understand business writings. Financial wellness is having a strong and diverse financial portfolio, eg owning stocks, bonds, making good investments. Essentially being smart with money, and building up your wealth.

Explanation:

Portions of the financial statements for Peach Computer are provided below.
PEACH COMPUTER
Income Statement
For the year ended December 31, 2021
Net sales $1,925,000
Expenses:
Cost of goods $1,100,000
sold
Operating expenses 610,000
Depreciation expense 55,000
Income tax expense 45,000
Total expenses 1,810,000
Net income $ 115,000
PEACH COMPUTER
Selected Balance Sheet Data
December 31
Increase (I) or Decrease
2021 2020 (D)
Cash $107,000 $87,500 $19,500 (I)
Accounts receivable 45,500 51,500 6,000 (D)
Inventory 80,000 57,500 22,500 (I)
Prepaid rent 3,500 6,000 2,500 (D)
Accounts payable 50,000 39,500 10,500 (I)
Income tax 5,500 12,500 7,000 (D)
Required: Prepare the operating activities section of the statement of cash flows for Peach Computer using the indirect method. (List cash outflows and any decrease in cash as negative amounts.)

Answers

Answer:

Cash flow from Operating Activities

Net income                                            115,000

Add Depreciation                                  55,000

Add Income tax                                      45,000

Decrease in Accounts receivable           6,000

Increase in Inventory                            (22,500)

Decrease in Prepaid rent                        2,500

Increase in Accounts payable               10,500

Cash Generated from Operations        211,500

Income tax paid                                    (38,000)

Net Cash from Operating Activities     173,500

Explanation :

The operating activities section of the statement of cash flows shows the Cashflow results from the Operating or Normal trading business of the organization.

Marie is expected to receive $25,000 at the end of 7 years. If the interest rate is 10% per year, how much is it worth at the end of 10 years?

Answers

The answer is $33,275

January 1, 20x1, as related to the establishment of the patent. On June 30, 20x2, Pitchfork spent $130,000 to successfully defend a patent infringement case against the drug. As a result, the estimated remaining useful life was determined to be 16 years from June 30, 20x2. Pitchfork uses the straight-line method to amortize intangibles. What is the amount of amortization expense Pitchfork will record on their December 31, 20x2, Income Statement

Answers

Answer:

The question is incomplete since the cost of the patent is missing. I will try to answer the question using some random number for the cost:

purchase cost of the patent = $200,000

assuming that the patent originally had a useful life of 10 years

patent amortization for 2021 = $200,000 / 10 = $20,000

patent's carrying value Dec. 31, 2021 = $200,000 - $20,000 = $180,000

since the company incurred legal costs = $130,000 and was able to extend the patent's useful life:

amortization expense January 1 to June 30 2022 = $20,000 x 6/12 = $10,000

carrying value of the patent on June 30, 2022 = $180,000 - $10,000 + $130,000 = $300,000

since the patent's useful life was extended to 16 years, starting June 30, 2022, the amortization expense per year = $300,000 / 16 years = $18,750

total amortization expense during 2022 = $10,000 (for the first 6 months) + $18,750/2 (for the remaining 6 months) = $10,000 + $9,375 = $19,375

During 2020, LAL Corp. had the following cash flows: (1) received cash of $5,000 billed to a customer in 2020; (2) earned $20,000 of net income; (3) paid interest of $6,000 on a corporate bond issue; (4) paid dividends of $8,000 to its stockholders; (5) borrowed $50,000 from a local bank; and (6) purchased its own shares of common stock for $15,000. What is LAL's net cash flows from financing activities for 2020

Answers

Answer: $21,000

Explanation:

Financing activities refer to those that a company engages in, in relation to capital needed to run the affairs of the business which means it included Equity and Debt.

Financing Activities: Interest paid, dividends paid, money borrowed from bank, stock repurchase

Net cash flows from financing = Money borrowed from bank - Interest paid - dividends paid - Stock repurchase

= 50,000 - 6,000 - 8,000 - 15,000

= $21,000

Jeff and Riley were married for 35 years when Riley died in July of 2016. The couple have two children who are 6 and 10 years old. Which of the following applies to Jeff regarding filing status?a) Jeff can file using any status he wants for the next 3 yearsb) Since Jeff’s spouse died during the year, he may be entitled to the special qualifying widower with dependent child benefits for tax year 2017 and 2018c) Since Jeff’s spouse died during the year, he may be entitled to the special qualifying widower with dependent child benefits for tax year 2016 onlyd) Since Jeff’s spouse died during the year, he may be entitled to the special qualifying widower with dependent child benefits for tax year 2017 only

Answers

Answer:

(D) I think

Explanation:

When your husband or spouse dies,you file as a widower. If he has children he could get extra benefits because he can file his kids as a Dependent on his Taxes.

Hope this helps:)!

Stay beautiful ❤️

With Riley having died in 2016, the procedure would be that b) Since Jeff’s spouse died during the year, he may be entitled to the special qualifying widower with dependent child benefits for tax year 2017 and 2018.

Special Qualifying WidowerAllows a widower to still fill taxes jointly as a married person for two years after the spouse dies. Can only apply if there is at least a single dependent child.

There are two dependent children in this scenario so Jeff qualifies for this filling status. As Riley died in 2016, Jeff's two years would be the years 2017 and 2018.

In conclusion, option B is correct.

Find out more on the special qualifying widower status at https://brainly.com/question/26021534.

Assuming a company has no other funding sources other than debt and common equity, what is the difference between enterprise value and equity value?

Answers

Answer:

eat potato bitc 1234567890

Dozier Company produced and sold 1,000 units during its first month of operations. It reported the following costs and expenses for the month:
Direct materials $69,000
Direct labor $35,000
Variable manufacturing overhead$15,000
Fixed manufacturing overhead 28,000
Total manufacturing overhead $43,000
Variable selling expense$12,000
Fixed selling expense 18,000
Total selling expense $30,000
Variable administrative expense$4,000
Fixed administrative expense 25,000
Total administrative expense $29,000
Required:
1. With respect to cost classification s for preparing financial state ment s:
a) What is the total product cost?
b) What is the total period cost?
2. With respect to cost classifications for assigning costs to cost objects:
a) What is total direct manufacturing cost ?
b) What is the total indirec t manu facturing cost?
3. With respect to cost classifications for manu facturers :
a) What is the total manufacturing cost
b) What is the total nonmanufacturing cost?
c) What is the total conversion cost and prime cost?
4. With respect to cost classification s for predicting cost behavior:
a) What is the total variable manu factur ing cost?
b) What is the total fixed cost for the company as a whole?
c) What is the variable cost per unit produced and sold?
5. With respect to cost classification s for decision making:
a) If Dozier had produced 1 ,00 I unit s instead of 1 ,000 units, how much incrementa l manufacturing cost would it have incurred to make the additional unit ?

Answers

Answer:

Total product cost

Direct materials                                           $69,000

Direct labor                                                  $35,000

Variable manufacturing overhead              $15,000

Fixed manufacturing overhead                  $28,000

Total Cost                                                     $43,000

Total period cost

Variable selling expense                            $12,000

Fixed selling expense                                 $18,000

Variable administrative expense                 $4,000

Fixed administrative expense                      25,000

Total  Cost                                                   $59,000

Total direct manufacturing cost

Direct materials                                         $69,000

Direct labor                                                $35,000

Variable manufacturing overhead            $15,000

Total Cost                                                  $119,000

Total indirect manufacturing cost

Fixed manufacturing overhead               $28,000

Total Cost                                                  $28,000

Total manufacturing cost

Direct materials                                       $69,000

Direct labor                                              $35,000

Variable manufacturing overhead          $15,000

Fixed manufacturing overhead              $28,000

Total Cost                                                 $43,000

           

Total non-manufacturing cost

Variable selling expense                        $12,000

Fixed selling expense                             $18,000

Variable administrative expense             $4,000

Fixed administrative expense                $25,000

Total Cost                                                $59,000

Total Conversion Cost

Direct labor                                            $35,000

Variable manufacturing overhead        $15,000

Total Cost                                               $50,000

Total Prime Cost

Direct materials                                     $69,000

Direct labor                                            $35,000

Total Cost                                             $104,000

Total variable manufacturing cost

Direct materials                                    $69,000

Direct labor                                           $35,000

Variable manufacturing overhead       $15,000

Total Cost                                             $119,000

Total fixed cost for the company as a whole

Fixed manufacturing overhead          $28,000

Fixed selling expense                          $18,000

Fixed administrative expense            $25,000

Total Cost                                             $71,000

Variable cost per unit produced and sold

Direct materials                                  $69,000

Direct labor                                         $35,000

Variable manufacturing overhead     $15,000

Variable selling expense                    $12,000

Variable administrative expense         $4,000

Total Variable Cost                            $135,000

Unit Variable Cost = Total Variable Cost ÷ Number of Units

                               = $135,000 ÷ $1,000

                               = $135

Perry Freight Co. leased a trailer to Harper Inc. for use in delivering inventory. The finance lease has a 3-year term, 5% implicit rate, and begins on January 1, 2018. The lease requires a down payment of $10,000 and two equal annual lease payments on December 31 of 2018 and 2019. The list price of the trailer on the inception date is $50,000. What is the dollar amount of each annual payment that Perry Freight Co. will receive

Answers

Answer: $21512

Explanation:

The dollar amount of each annual payment that Perry Freight Co. will receive will be calculated thus:

Lease Price of trailer = $50,000

Less: Down payment = $10,000

PV = $50,000 - $10,000 = $40,000

The present value will be the value of the annual installments multiplied by the annuity factor. Therefore,

$40,000 = Annual installment × 1.8594

Annual installment = $40,000 / 1.8594

Annual installment = $21512

The dollar amount of each annual payment that Perry Freight Co. will receive is $21512.

Sheffield Corp. bought a machine on January 1, 2011 for $814000. The machine had an expected life of 20 years and was expected to have a salvage value of $82000. On July 1, 2021, the company reviewed the potential of the machine and determined that its future net cash flows totaled $408000 and its fair value was $273000. If the company does not plan to dispose of it, what should Sheffield record as an impairment loss on July 1, 2021

Answers

Answer:

$156,700

Explanation:

Depreciation expense = [Cost-salvage value] /useful life

Depreciation expense = [814000 - 82000]/20

Depreciation expense = $36600

1 January 2011 - 1 July 2021 = 10.5 years . Total depreciation = 10.5 * $36600= 384,300

Book value as on 1 July 2021 = Cost - Accumulated depreciation

Book value as on 1 July 2021 = 814000-384300

Book value as on 1 July 2021 = 429700

Net realizable value = Lower of future cash flow or fair value

Lower of 408000 or 273000

Net realizable value = 273000

Now, since the Book value is more than net realizable value, Asset is impaired

Impairment loss = $273,000 - $429,700

Impairment loss = $156,700

Thus, Sheffield should record $156,700 as an impairment loss on July 1, 2021.

Factor Weight A B C
Convenience 0.15 85 85 82
Parking facilities 0.20 70 91 91
Display area 0.18 87 97 90
Shopper traffic 0.27 95 90 92
Operating costs 0.10 86 90 97
Neighborhood 0.10 88 92 84
1.00
Using the above factor ratings, calculate the composite score for each location.

Answers

Answer and Explanation:

The composite score for each location is as follows;

The Composite score for Location A is

= 85 × 0.15 + 70 × 0.2 + 87 × 0.18  + 0.27 × 95 + 86 × 0.1 + 88 × 0.1

= 85.7

= 86

The Composite score for Location B is

= 85 × 0.15 + 91 × 0.2 + 97 × 0.18 + 90 × 0.27 + 90 × 0.1 + 0.1 ×92

= 90.91

= 91

The Composite score for Location C is

= 82 × 0.15 + 91 × 0.2 + 90 × 0.18 + 92 × 0.27 + 97 × 0.1 + 0.1 ×84

= 89.64

= 90

Apollo Inc. has an unfunded pension liability of $900 million that must be paid in 30 years. If the annual interest rate is 6% compounded semiannually, what is the present value?

Answers

Answer:69420 milliom

Explanation:

Nice

John (45) and Cynthia (46) are married, and they will file a joint return. During the year, they earned investment income consisting of: $200 interest income from a savings account with their local bank, reported on Form 1099-INT. $350 interest income from a certificate of deposit held with another local bank, reported on Form 1099-INT. $100 in dividends from a savings account with a local credit union, reported on Form 1099-INT. $250 interest income from a U.S. Treasury note, reported on Form 1099-INT. $500 tax-exempt interest income from a municipal bond investment, reported on Form 1099-INT. $1,700 in ordinary dividends from a mutual fund investment, reported on Form 1099-DIV. Complete John and Cynthia's Schedule B (Form 1040), Interest and Ordinary Dividends.

Answers

Answer:

                          Calculation of Net taxable income

Particulars                                                        Amount        Amount

Interest income from savings interest                                   $200

Interest income from certificate deposit                                $350

Dividend from saving account with                                        $100

local credit union  

Interest income from us treasury note                                    $250

Tax exempt interest from municipality bond                          $500

Ordinary dividend                                                                     $1,700

Gross total income                                                                    $3,100

Income exempt

Dividend from saving account                           $100

Dividend from treasury note                              $250

Tax exempt interest from municipality bond    $500              $850

Net taxable income                                                                   $2,250

Select the correct answer.
Information security professionals hack into computer systems.
A True
B. False

Answers

Answer:

true

Explanation:

Answer:

false

Explanation:

OKRs were naturally integrated into the management of MyFitnessPal. A successful innovation to the OKR system made by Mike Lee was to match objectives to people rather than match people to objectives.
A. True
B. False

Answers

Answer:

A. True

Explanation:

Since in the question it is mentioned that QkR is naturally integrated into the MyFitnessPal management. Also the innovation would become the successful when the objectives are matches according to the people instead matching  the people to objectives as in this the people are aligned and understand what the firm wants that they work like this

Therefore the given statement is true

Gallonte Inc. began operations in April of this year. It makes all sales on account, subject to the following collection pattern: 30% are collected in the month of sale; 60% are collected in the first month after sale; and 10% are collected in the second month after sale. If sales for April, May, and June were $60,000, $80,000, and $70,000, respectively, what were the firm's budgeted collections for May

Answers

Answer:

Total cash collection May= $60,000

Explanation:

Giving the following information:

Cash collection:

30% are collected in the month of sale

60% are collected in the first month after sale

10% are collected in the second month after sale.

Sales:

April= $60,000

May= $80,000

We need to calculate the cash collection for May:

Cash collection:

Sales in cash May= (80,000*0.3)= 24,000

Sales in account from April= (60,000*0.6)= 36,000

Total cash collection May= $60,000

Hygdye218 Corporation has two divisions: the Domestic Division and the Foreign Division.The Hygdye218 Corporation's net operating income is $84,300.The Domestic Division's divisional segment margin is $48,200 and the Foreign Division's divisional segment margin is $172,000.
What is the amount of the Hygdye218 Corporation's common fixed expense not traceable to the individual divisions?
A. $132,500
B. $135,900
C. $256,300
D. $220,200

Answers

Answer:

B.$135,900

Explanation:

Calculation for What is the amount of the Hygdye218 Corporation's common fixed expense not traceable to the individual divisions

Using this formula

Net operating income = Segment margin - Common fixed expenses

Let plug in the formula

$84,300 = ($48,200 +$172,000) - Common fixed expenses

$84,300= $220,200 - Common fixed expenses

Common fixed expenses = $220,200 - $84,300

Common fixed expenses= $135,900

Therefore the amount of the Hygdye218 Corporation's common fixed expense not traceable to the individual divisions will be $135,900

Rock Bottom Gold Company recently repurchased 7 million shares of its common stock for $47 per share. The intent of the repurchase was to increase earnings per share to be more in line with competitors. Required: 1. Determine the impact of the stock repurchase on assets, liabilities, and stockholders' equity. (Enter your answers in whole dollars not in millions (i.e., 1,000,000 not 1.0). Negative amounts should be indicated by a minus sign.)

Answers

The impact includes Assets = -$32,90,00,000, Liabilities = No Effect and Stockholder's Equity = -$32,90,00,000.

If the stock is repurchased, the cash will be paid. Thus, the assets would be decreased.

Also for the stock repurchase, the stockholder's equity will be decreased consequently.

Assets = Cash (7,000,000*$47)

Assets = -$329,000,000

Thus, the assets will decrease by $329,000,000.

Liabilities = No Effect

Thus, the liabilities will have no impact for the transaction.

Stockholder's Equity = -$329,000,000

Thus, the stockholder's equity will be decreased by $329,000,000.

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you can't even be able to describe the brainly community.
its like we're nice...
but then again we're toxic as helI.
DangGGG

Answers

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The indirect method for the preparation of the operating activities section of the statement of cash flows: Group of answer choices Is required if the company is a merchandiser. Must not be used in all circumstances. Reports net income and then adjusts it for items necessary to determine net cash provided or used by operating activities. Separately lists each major item of operating cash payments. Separately lists each major item of operating cash receipts.

Answers

Answer:

Reports net income and then adjusts it for items necessary to determine net cash provided or used by operating activities.

Explanation:

FASB is an acronym for Financial Accounting Standards Board. The financial accounting standards board (FASB) is a private, non-profit organization saddled with the responsibility of establishing and maintaining standard financial accounting and reporting for general guidance of individuals such as investors, issuers and auditors. It was founded in 1972 but began operations fully on the 1st of July, 1973 by replacing the Accounting Principles Board (APB) and American Institute of Certified Public Accountants (AICPA).

When the operating activities section of the statement of cash flows is reported using the indirect method, the FASB requires that, you report net income and then adjusts it for items necessary to determine net cash provided or used by operating activities.

Hence, the indirect method for the preparation of the operating activities section of the statement of cash flows reports net income and then adjusts it for items necessary to determine net cash provided or used by operating activities.

Some examples of operating activities are cash revenue from the sales of a product, cash paid as an expense for merchandise etc.

"Political risk is the possibility that political events in a particular country will influence the economic well-being of a firm operating in that country. Multinational firms need to anticipate and manage political risk. In order to do that, the firm must understand the differing types of risks and their likelihood of occurrence. The political risks facing a multinational firm can be categorized as"

Answers

Answer:

macro risk and micro risk.

Explanation:

Political risks are crucial factors for a multinational company to make investments in a given country, due to the instability of the country's political scenario that can bring negative adverse effects to the company in a context of macro risk and micro risk.

Macro risk is that which is inherent in the country and affects all economic sectors equally, such as the risk of government expropriation.

Micro risk, on the other hand, is one that will impact only a specific business sector, such as corruptions that aim to defraud or harm an organization.

Bruno's Lunch Counter is expanding and expects operating cash flows of $28,500 a year for 6 years as a result. This expansion requires $95,800 in new fixed assets. These assets will be worthless at the end of the project. In addition, the project requires $7,000 of net working capital throughout the life of the project. What is the net present value of this expansion project at a required rate of return of 10 percent

Answers

Answer:

$25,276

Explanation:

The computation of the net present value is shown below:

The Present value of inflows is

= Cash inflow × Present value of discounting factor (rate% , number of years)

= $28,500 ÷ 1.1 + $28,500 ÷ 1.1^2 + $285,00 ÷ 1.1^3 + $28,500 ÷ 1.1^4 + $28,500 ÷ 1.1^5 + $28,500 ÷ 1.1^6 + $7,000 ÷ 1.1^6

= $128,076.25

And,

Present value of outflows is

= $95,800 + $7,000

= $102,800

So

As we know that

NPV = Present value of inflows - Present value of outflows

= $128,076.25 - $102,800

= $25,276

Recording Cash Discounts Schrand Corporation purchases materials from a supplier that offers credit terms of 2/15, n/60. It purchased $12,500 of merchandise inventory from that supplier on January 20, 2019. Required a. Assume that Schrand Corporation paid the invoice on February 15, 2019. Prepare journal entries to record the purchase of this inventory and the cash payment to the supplier using the net-of-discount method.

Answers

Answer:

Schrand Corporation

Journal Entries:

January 20, 2019:

Debit Inventory $12,500

Credit Accounts Payable $12,250

Credit Purchase Discounts $250

To record the purchase of inventory on credit terms, 2/15, n/60.

February 15,. 2019:

Debit Discount Lost Expense $250

Credit Accounts Payable $250

To record the loss of discount following late payment.

Debit Accounts Payable $12,500

Credit Cash Account $12,500

To record the payment for purchase.

Explanation:

a) Data and Calculations:

Inventory purchase on January 20, 2019 = $12,500

Credit terms = 2/15, n/60

Net-of-discount purchase = $12,250 ($12,500 - 250)

Payment of invoice on February 15, 2019 = $12,500

b) The difference between the net and gross discount methods is that under the gross discount method, the purchases and Accounts Payable are  initially recorded at full value.  On the other hand, under the net discount method, the purchases and Accounts Payable are initially recorded at a reduced value.

LaMount works for a company in downtown Chicago. The company encourages employees to use public transportation (to save the environment) by providing them with transit passes at a cost of $275 per month.
a. If LaMont receives one pass (worth $275) each month, how much of this benefit must he include in his gross income each year?
b. If the company provides each employee with $275 per month in parking benefits, how much of the parking benefit must LaMont include in his gross income each year?

Answers

Answer:

a. $60 per year

b. $60 per year

Explanation:

The IRS decide the limit for Employee Fringe Benefit every year. As per the Latest Statutory limit, we can generally exclude the value of Transportation benefits during 2020 from the Employee's wages up to $270 per month for combined commuter highway vehicle transportation and transit passes. In this case, since no year was mentioned in the question, it has been assumed as 2020.

a. The amount of transit pass benefit to be included in gross income each year is as follows:

Benefit included  in gross income  = Worth of pass - Slab rate

Benefit included  in gross income  = $275 - $270

Benefit included  in gross income  = $5 * 12 month

Benefit included  in gross income  = $60 per year

b. The amount of parking benefit that LaMont must include in his gross income each year is as follows

Parking benefit included in gross income = Parking benefit provided by the company - Slab rate

Parking benefit included in gross income = Worth of pass - Slab rate

Parking benefit included  in gross income  = $275 - $270

Parking benefit included  in gross income  = $5 * 12 month

Parking benefit included  in gross income  = $60 per year.

The process for applying for a work permit at the Manchester department of labor is as follows. First, the administrator fills out an application (5 minutes) and takes a picture (1 minute). Then, a clerk enters the information and processes the permit (5 minutes). There are two administrators and three clerks. If the number of licenses per hour for the administrators is 16 and the number of licenses per hour for the clerks is 20.57, what is the hourly service rate for administrators

Answers

Answer:

the hourly service rate is 10

Explanation:

The computation of the hourly service rate for the administrator is shown below:

= total minutes for filling out the application by an administrator × number of administrator

= 5 minutes × 2 administrator

= 10

Hence, the hourly service rate is 10

We simply applied the above formula so that the correct value could come

And, the same is to be considered

All of the following are true of Transportation EXCEPT: A. Transportation systems link geographically separated partners, facilities and customers B. Transportation facilitates the creation of time and place utility in the supply chain C. Transportation managers choose modes of transportation based only on cost D. Transportation has a major impact on company financial performance E. Transportation involves the physical movement of goods between origin and destination points

Answers

Answer:

C. Transportation managers choose modes of transportation based only on cost

Explanation:

Supply chain management can be defined as the effective and efficient management of the flow of goods and services as well as all of the production processes involved in the transformation of raw materials into finished products that meet the insatiable want and need of the consumers. Generally, the supply chain management involves all the activities associated with planning, execution and supply of finished goods and services to the consumers.

The fundamentals of supply chain management are best summed up as a strategic collaboration between multiple firms. These multiple firms include a company that is saddled with the responsibility of manufacturing, a wholesaler, and a retailer who typically sells the products to the customers or consumers.

Basically, these three (3) firms or individuals are required to collaborate with each other so as to meet the needs of the customers in a timely manner or fashion and at a fair price too.

Basically, in supply chain management, transportation plays a significant part in the movement of goods or services from the point of production to the end users or consumers.

Hence, all of the following are true of Transportation;

A. Transportation systems link geographically separated partners, facilities and customers

B. Transportation facilitates the creation of time and place utility in the supply chain

C. Transportation has a major impact on company financial performance

D. Transportation involves the physical movement of goods between origin and destination points

Supply chain management is termed as the effectiveness and efficiency of the management of the goods and services and the production involved in the process of the transformation of the goods and services from the raw materials.  

The correct option is C. Transportation managers choose modes of transportation based only on cost.

Option C. Transportation managers choose modes of transportation based only on cost is wrong because the transportation or the transmission of the materials of the consumption is not as per the cost of it but as per the demand and the supply of the goods and services.

It is decided by the supply chain management that looks for the management of the supply of the goods and the services to the consumers for their satisfaction and their satisfaction.  

To know more about the true statement of the transportation, refer to the link below:

https://brainly.com/question/14700258

A falling price level is a symptom of an unhealthy economy, if prices have fallen due to _________. It is symptom of a healthy economy if prices have fallen due to _________

Answers

Answer:

A decrease in the demand for goods and services; an increase in the supply of goods and services.

Explanation:

In the case of the unhealthy economy, if the price is fall so it is because of reduction in the demand of the products and services while on the other hand if there is a healthy economy and now the price is fallen so it is because of the supply of the goods and services are rised up.

Therefore the last option is correct

And, the rest of the options are incorrect

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