Answer:
The rate of change of revenue per unit is $137.50.
Explanation:
Given;
C = R^2/100,000 + 3064 = (1/100,000)R^2 + 3064 = 0.00001R^2+ 3064 ............ (1)
Differentiating equation (1) with respect to x, we have:
dC/dx = (2 * 0.00001)R * dR/dx
dC/dx = 0.00002R * dR/dx ,,,,,,,,,,,,,,,,,,,, (2)
Where;
dC/dx = Change in cost per unit = $11
R = Revenue = $4000
dR/dx = the rate of change of revenue per unit = ?
Substituting the relevant values into equation (2) and solve for dR/dx, we have:
11 = (0.00002 * 4000) * dR/dx
11 = $0.08 * dR/dx
dR/dx = 11 / 0.08
dR/dx = 137.50
Therefore, the rate of change of revenue per unit is $137.50.
Jorgansen Lighting, Inc., manufactures heavy-duty street lighting systems for municipalities. The company uses variable costing for internal management reports and absorption costing for external reports to shareholders, creditors, and the government. The company has provided the following data:
Year 1 Year 2 Year 3
Inventories:
Beginning (units) 200 170 180
Ending (units) 170 180 220
Variable costing net
operating income $1,080,400 $1,032,400 $996,400
The company's fixed manufacturing overhead per unit was constant at $560 for all three years.
Requirement 1:
Determine each year’s absorption costing net operating income. Present your answer in the form of a reconciliation report for year 1, 2 and 3.
Year 1 Year 2 Year 3
Beginning inventories
Ending inventories
Change in inventorie
Fixed manufacturing overhead in beginning inventories
Fixed manufacturing overhead in ending inventories
Fixed manufacturing overhead deferred in (released from) inventorie
Variable costing net operating income
Add (deduct) fixed manufacturing overhead cost deferred in (released from) inventory under absorption costing
Absorption costing net operating income
Requirement 2:
In Year 4, the company's variable costing net operating income was $984,400 and its absorption costing net operating income was $1,012,400.
(a) Did inventories increase or decrease during Year 4?
(b) How much fixed manufacturing overhead cost was deferred or released from inventory during Year 4?
Deferred or released
Ffixed manufacturing overhead cost $
Answer:
Jorgansen Lighting, Inc.
Requirement 1:
Year 1 Year 2 Year 3
Variable costing net
operating income $1,080,400 $1,032,400 $996,400
Inventory difference (16,800) (5,600) (22,400)
Absorption costing net
operating income $1,063,600 $1,026,800 $974,000
Requirement 2:
Fixed manufacturing overhead cost deferred = $28,000
Explanation:
a) Data and Calculations:
Fixed manufacturing overhead per unit = $560 for all three years
Year 1 Year 2 Year 3
Inventories:
Beginning (units) 200 170 180
Ending (units) 170 180 220
Difference in inventories 30 -10 -40
Value of inventory diff $16,800 ($5,600) ($22,400)
Variable costing net
operating income $1,080,400 $1,032,400 $996,400
Inventory difference (16,800) (5,600) (22,400)
Absorption costing net
operating income $1,063,600 $1,026,800 $974,000
Requirement 2:
Year 4
Variable costing net operating income $984,400
Absorption costing net operating income $1,012,400
Difference in net operating income $28,000
Inventory increase by $28,000/$560 = 50 units
Central Building Company borrowed $15,804 on a 280-day simple interest note to expand their business. The note carried an interest rate of 7.0%. Find the maturity value of the note.
a. $15,888.87
b. $14,943.56
c. $16,664.44
d. $16,676.56
Answer: c. $16,664.44
Explanation:
The interest amount is = Amount * Interest * 280/360
= 15,804 * 7% * 280/360 days
= $860.44
Add that to the amount borrowed;
= 15,804 + 860.44
= $16,664.44
If public goods were marketed like private goods, then public goods would be overproduced:__________
Answer:
in the presence of suce positive externalities
Explanation:
because the cost of production for the firm are overstated and the profits are understated
Think about choices to include and choices to avoid when developing a mission statement. Drag and drop each of the following phrases to either the Good Mission Statements box or the Poor Mission Statements box. Lists all the products the organization sells Addresses customers the organization serves Is product-oriented Is meaningful Is specific Is very broad Is less than seven words Describes the business the organization is in Is market-oriented States what the organization wants to accomplish Submit Poor Mission Statements Good Mission Statements
Answer and Explanation:
The categorization is as follows:
For Poor Mission Statements:
1. Lists all or all kinds of the products the organization sells
2. is product-oriented
3. is very broad or wide
4. is less or lower than seven words
For Good Mission Statements:
1. Addresses customers the organization serves
2. Is meaningful and relevant
3. Is specific and determined
4. Describes the business the organization is in
5. is market-oriented
6. States what the organization wants to accomplish or achieve
According to libertarians, the government should redistribute income from rich individuals to poor individuals to achieve a more equal distribution of income.
a. True
b. False
Answer:
b. False
Explanation:
In the United States of America, the libertarians refers to a group of people or individuals who have the philosophical views of promoting individual freedom and liberty among the people. Thus, the primary political strength, values and ideas of a libertarian is individual freedom and liberty.
Saying libertarians wants the government to redistribute income from rich individuals to poor individuals to achieve a more equal distribution of income is a false statement because the libertarians simply cares about the means being just but not concerned about the outcome of a process or event.
In fiscal 2016, Microsoft Corp. reported a statutory tax rate of 35% and an effective tax rate of approximately 15%. The 2016 income statement reported income tax expense of $2,953 million. What did Microsoft report as income before income tax expense that year?
What did Microsoft report as income before income tax expense that year?
a. $14,826 million
b. $19,687 million
c. $27,054 million
d. $ 7,571 million
e. None of the above
Answer: $19,687 million
Explanation:
From the question, we are informed that Microsoft Corp. reported a statutory tax rate of 35% and an effective tax rate of approximately 15% and that the 2016 income statement reported income tax expense of $2,953 million.
The amount reported by Microsoft as income before income tax expense that year will be calculated as:
= 2,953 million / 15%
= $19,686.67 million
= $19,687 million
Interest Rates) Well-known financial writer Andrew Tobias argues that he can earn 177 percent per year buying wine by the case. Specifically, he assumes that he will consume one $10 bottle of fine Bordeaux per week for the next twelve weeks. He can either pay $10 per week or buy a case of 12 bottles today. If he buys the case, he receives a 10 percent discount, and, by doing so, earns the 177 percent. Assume he buys the wine and consumes the first bottle today. Do you agree with his analysis? Do you see a problem with his numbers?
Answer:
I disagree and his numbers are clearly wrong.
Explanation:
there are 52 weeks in a year, so the you should consume 52 bottles of wine per year. By the way, $10 per bottle doesn't buy any fine wine, but lets follow the question.
If you buy each wine individually, you will spend $10 x 52 = $520.
If you buy the wine by cases, you will spend $520 x 90% = $468
the difference is clearly not 177%, it only represents $52 or 10%.
Even if you decided to invest your savings per case of wine = $12 x $10 x 10% = $12
his total savings per year = $52 are spread over the year, so you could consider them an annuity of 4 $12 payments and 1 $4 payment. In order for this annuity to represent a 177% gain, which is equivalent to $468 x 177% = $828.36, the interest rate should be extremely high.
FV of an annuity due = payment x FV annuity due factor
$828.36 = $12 x FV annuity due factor
FV annuity due factor = $828.36 / $12 = 69.03
the % earned in 4.3 periods that results in 69.03 is close to 150% per every 12 weeks. This is not a reasonable interest rate.
Kristen reduced her Federal mortgage interest deduction by $500 (the amount of her mortgage interest credit from Federal Form 8396 - Mortgage Interest Credit). When completing her California tax return, she can increase the California itemized deductions for home mortgage interest by what amount
Answer:
The answer is "$500".
Explanation:
Whenever Kristen reduces its deduction in government loan by the amount of its Federal Type 8396 Monthly Mortgage Original account credit, that deductor rises her California has the same number of comprehensive reductions. Represent the total as just a real integer on other adjustments to the comprehensive deduction for your Federal monthly mortgage credit.
Which market characteristic could best be described as market participants focusing production on a selection of goods and services
Answer: c. Self-Interest.
Explanation:
Self interest is a characteristic of the market economic system that explains that market participants act in their self interest. Transactions they engage in are meant to bring the maximum benefits to them.
They will therefore focus on producing a selection of goods and services if those goods and services are the ones that will give them the greatest benefit.
6. The company paid $900 cash toward accounts payable.
do you have any clue some story do that question has a story sorry for the disturb but this is compusing
Consider two policies: a tax cut that will last for only one year and a tax cut that is expected to be permanent. True or False: A tax cut that will last for only one year will stimulate greater spending by consumers than a tax cut that is expected to be permanent. True False
Answer: False
Explanation:
A short term tax cut will not affect spending as much as a permanent tax cut.
With a short term tax cut, people will know that they will have to go back to paying higher taxes in a short while and so will spend less so that they may be able to afford the higher taxes when they are reimplemented.
If a tax cut is long term however, consumers will spend more because they do not have to worry about having to afford to pay higher taxes after the year expires.
Accounting ErrorsThe shannon corporation began operations on january 1 2010. financial statements for the years ended december 31 2010 and 2017, contained the following errors: December 31 2016 2017Ending inventory $16,000 $15,000 understated overstatedInsurance expense $10,000 $10,000 overstated understatedPrepaid insurance $10,000 — understated In addition, on December 31, 2017, fully depreciated machinery was sold for $10,800 cash, but the sale was not recorded until 2018. There were no other errors during 2016 or 2017, and no corrections have been made for any of the errors. Ignoring income taxes, what is the total effect of the errors on 2017 net income?
A. Net income overstated by $5,800.B. Net income overstated by $11,000.C. Net income overstated by $14,200.D. Net income understated by $1,800.
Answer:
C. Net income overstated by $14,200
Explanation:
Effect of errors on 2017 net income = Overstated ending inventory + Understated insurance expense - Understated income on sale of machinery
Effect of errors on 2017 net income = $15,000 + $10,000 - $10,800
Effect of errors on 2017 net income = $14,200 Overstated.
So, the total effect of the errors on 2017 net income is overstated by $14,200
The stable dollar assumption is that fluctuations in the value of the dollar are significant and may not be ignored.
a) true
b) false
Answer:
Option b: False
Explanation:
Stable dollar assumption is also called monetary unit assumption.
The monetary unit assumption needs include in the accounting records only transaction data that can be used in terms of money.
This standard requires that only those things that can be expressed in money are included in the accounting records. So, some information for decision makers such as the word customer satisfaction, measurements are NOT reported in the financial statement.
"Where can you see a list of all the transactions that have been matched or added to a bank register via the bank feed?"
Answer:
Categorized
Explanation:
For viewing a list of all transactions that should be matched or added to a bank register through a bank feed is the categorized. In this, we can review can be done for all type of transactions that is downloaded in the bank feed
So as per the given statement, the categorized is the answer and the same is relevant
Therefore, the third option is correct
Workplace diversity describes differences among workers in any of the following areas:
salary
office space
religion
race
Answer:
religion
race
Explanation:
Diversity in the workplace is a deliberate attempt to incorporate a wide range of different workers. It is an appreciation that each person or group of people is unique and has diverse characteristics. Workplace diversity results in the organization being accommodative to diverse cultures and different identities.
Workplace diversity embraces race, gender, age, sexual orientation, ethnic groups, religion, sexual orientation, and physical conditions. It also includes other unique differences between people.
1. Suppose you borrow money at a nominal interest rate of 14%. At the time you borrow the money, you expect inflation to be 8%. The real interest rate you expect to pay on your loan is______%.
2. Suppose that when you pay back the loan, inflation turned out to be 9%. The real interest rate you actually pay back is_______.
3. Suppose that when you pay back the loan, inflation turned out to be 5%. The real interest rate you actually pay back is______.
4. Think about the case where inflation turned out to be higher than expected. You initially thought inflation was going to be 3%, but it turned out to be 9%. Since the inflation rate turned out to be higher than______expected, then than you both expected.
Answer:
1) 6% , 2) 5% , 3) As inflation rate ise higher than expected inflation rate, real interest rate would be lower than expected real interest rate
Explanation:
Real Interest Rate is the interest rate, which accounts for the impact of inflation.
Real Interest Rate = Nominal Interest Rate - Inflation
1) 14% - 8% = 6%
2) 14% - 9% = 5%
3) In case of variation in expected & actual inflation rate
1 + nominal interest rate = (1 + real interest rate) (1 + expected inflation rate)
1 + 14% = (1 + r) (1 + 3%)
1.14 = (1 + r) (1.03)
1.14 = 1.03 + 1.03r
0.11 = 1.03r
r = 8.82 {If inflation is higher at 9%}
If inflation could have been at expected 3%, real interest rate could have been 14% - 3% = 11%.
So : As inflation rate turned out to be higher than expected inflation rate, real interest rate turned out to be lower than expected real interest rate
An organization with an external strategic focus and a high degree of environmental turbulence calls for a(n) ____ culture.
A. competitive
B. bureaucratic
C. adaptive
D. cooperative
Answer:
C. adaptive
Explanation:
An adaptive culture is the culture that enables the company to adapt the changes in a quickly and in an effective manner with respect to the external pressures
In the given question, it is mentioned that the organization having an focus i.e. external strategic also have a high degree of an environmental calls
So this represent the adaptive culture
Answer:
C Adaptive Hope it helps youGravity, Inc., needs to raise $50 million to fund its expansion plans. The company will sell shares at a price of $28.40 in a general cash offer and the company's underwriters will charge a spread of 6.5 percent. How many shares need to be sold
Answer:
1,882,956 shares
Explanation:
Amount that company wants to raise = $50,000,000
Price per share in general cash offer = Price per share offered to public
Price per share offered to public = $28.40
Underwriters Spread = 7.5%
Underwriter's commission per share = 6.5% * $28.40 = $1.846
Amount received by company per share = Price per share in general cash offer - Underwriter's commission per share
Amount received by company per share = $28.40 - $1.846
Amount received by company per share = $26.554
Amount that company wants to raise = Number of shares sold * Amount received by company per share
50,000,000 = Number of shares sold * $26.554
Number of shares sold = $50,000,000 / $26.554
Number of shares sold = 1882955.486932289
Number of shares sold = 1,882,956 shares
Please sort the following into PEST Analysis, Porter's 5 Forces, Competitive Advantage Analysis and SWOT Analysis.
a. Weaknesses
b. Economic Forecasting
c. Cost Leadership
d. Differentiation
e. Social Forecasting
f. Opportunities
g. Potential new entrants and barriers to entry
h. Technological Forecasting
i. Suppliers and their bargaining power
Answer:
The data is sorted in the required categories as follows. Where no category is filled with the existing data, i have indicated with the "Nill" narration as below :
PEST Analysis
1. Political factors
- Nill
2. Economic factors
- Economic Forecasting
3. Social factors
- Social Forecasting
4. Technological factors
- Technological Forecasting
Porter's 5 Forces
1. Bargaining Power of Customers
- Nill
2. Bargaining Power of Suppliers
- Suppliers and their bargaining power
3. Competition Rivalry between existing competitors
- Nill
4. Threat of Substitutes
- Nill
5. Threats of New Entrants
- Potential new entrants and barriers to entry
Competitive Advantage Analysis
1. Quality
- Nill
2. price
- Cost Leadership
3. location
4. selection
- Differentiation
5. service
- Nill
6. speed/turnaround
- Nill
SWOT Analysis
1.Strength
- Cost Leadership
- Differentiation
2.Weakness
- Weaknesses
3.Opportunities
- Opportunities
4.Threats
- Nill
Sorting the given factors into PEST Analysis, Porter's 5 Forces, Competitive Advantage Analysis and SWOT Analysis gives:
PEST Analysis:
b. Economic Forecastinge. Social Forecastingh. Technological ForecastingPorter's 5 Force:
g. Potential new entrants and barriers to entryi. Suppliers and their bargaining powerCompetitive Advantage Analysis:
c. Cost Leadershipd. DifferentiationSWOT Analysis:
a. Weaknessesf. Opportunities What are some ways of evaluating a business's potential?PEST Analysis uses various forecasting methods such as social and economic forecasting to see how the business would fare in the market.
SWOT analysis show the strengths, weaknesses, opportunities, and threats that a business goes through.
There is also competitive advantage analysis and Porter's 5 forces which relate to how well the business relates with stakeholders in the market.
Find out more on Porter's 5 Forces at https://brainly.com/question/14632175.
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On June 30, 2021, when Crane Company's stock was selling at $65 per share, its capital accounts were as follows: Capital stock (par value $50; 57000 shares issued) $2850000 Premium on capital stock 570000 Retained earnings 4240000 If a 100% stock dividend were declared and distributed, capital stock would be $3420000. $2850000. $7410000. $5700000.
Answer: $2850000
Explanation:
Based on the scenario given in the question, If a 100% stock dividend were declared and distributed, capital stock would be calculated as the number of shares issued multiplied by the percentage of shares declared and the par value. This will be:
= 57,000 × 100% × 50
= $2,850,000
Suppose the economy of Legoland is initially at full employment. Then, government purchases decrease. All else constant, in the short run, the price level in Legoland will _____ and eventually pressure will build for wages to _____ .
Answer: fall; rise
Explanation:
When there is a reduction in the expenditure of the government, this will bring about a reduction in the price level as well as the aggregate demand curve in this case, will shift to the left.
This leads to a reduction in demand and economic growth and in turn, brings about pressure for an increase in wages.
Therefore, all else constant, in the short run, the price level in Legoland will fall and eventually pressure will build for wages to rise.
Phil used his rental property for personal use for 7 days and rented it for 63 days. In most cases, what percentage of his expenses are not rental expenses and cannot be deducted on Schedule E?
a. 10%
b. 20%
c. 50%
d. 90%
Answer: a. 10%
Explanation:
The total number of days the property was used:
= 7 + 63
= 70 days
He used the property for personal use for 7 days out of that:
= 7/70
= 10%
That 10% cannot be deducted as rental expenses because he used these for personal use.
You are asked to push a particular viewpoint with a client. The request makes perfect business sense but you happen to not believe in the particular notion you are to advocate. How do you deal with the situation
Answer: I try to do my best to "pull it off".
Explanation:
The options include:
A. Despite the intention to go ahead with the request, I just can't follow through with it.
B. I will make an attempt and I will be convincing.
C. I try to do my best to "pull it off".
D. I "pull it off" effortlessly.
Despite the fact that the request makes perfect business sense but I happen to not believe in the particular notion that I am to advocate, I will do my best to pull it off and push the particular viewpoint with a client.
As an employee in the organization, I have to make sure that my role aligns with the organizational goals and objectives and that everything that I do goes along with what the organization wants. Even though our beliefs are different regarding the issue, what my company wants is of utmost importance than my own notion.
Therefore, I will try to do my best to "pull it off".
Dealings with the situation show the best part of the management of the hurdles and the problems with the ongoing tasks of life. These problems and the hurdles are the part of life that should be handled hand in hand parallely.
The correct answer is "pull it off".
Despite the fact that the request makes perfect business sense but It happens not to believe in the particular notion that an advocate will do best to pull it off and push the particular viewpoint with a client.
As an employee in the organization make sure that the aligned roles with the organizational goals and objectives and go along with what the organization wants. Even though our beliefs are different regarding the issue, what my company wants is of utmost importance than my own notion.
To know more about dealing with the particular situation, refer to the link below:
https://brainly.com/question/21549424
Compute the payback statistic for project B and decide whether the firm should accept or reject the project with the cash flows shown as follows if the appropriate cost of capital is 12 percent and the maximum allowable payback is three years.
Time 0 1 2 3 4 5Cash
Flow -$11,000 $3,350 $4,180 $1,520 $0 $1,000
Answer:
The project has no payback period
it should be rejected
Explanation:
Payback period calculate the number of years it would take to recover the amount invested in a project from its cumulative cash flows.
Amount invested = -$11,000
Amounted recovered in the 1st year = -$11,000 + $3,350 = -$7650
Amounted recovered in the 2nd year = -$7650 + $4,180 = -$3470
Amounted recovered in the 3rd year = -$3470 + $1,520 = -$1950
Amounted recovered in the 4th year = -$1950 + 0 = -$1950
Amounted recovered in the 5th year = -$1950 + $1000 = -$950
The amount invested is never recovered. the project isn't profitable and should be rejected
At the end of the current year, the accounts receivable account of Malik's Lanscaping Service has a debit balance of $390,000. Credit sales are $2,730,000. Record the end-of-period adjusting entry on December 31, in general journal form, for the estimated uncollectible accounts. Assume the following independent conditions existed prior to the adjustment:
Allowance for Doubtful Accounts has a credit balance of $1,770.
The percentage of sales method is used and bad debt expense is estimated to be 1% of credit sales. If an amount box does not require an entry, leave it blank.
Date Account title Doc No. Post REF Debit Credit
1. 20-Dec.31 _____________
2. _____________
3. _____________
Answer:
Date Account Title Post REF Debit Credit
20 Dec. 31 Bad Debt Expense $27,300
Allowance for Doubtful Debt $27,300
Explanation:
The bad debt expense for the year is estimated at 1% of credit sales using the percentage of sales method:
= 1% * 2,730,000
= $27,300
This figure will be debited to the expense account for Bad debts and credited to the Allowance for Doubtful debt account.
Which data collection method is an example of a secondary source of market research?
O telephone survey
O personal interview
O trade journal
focus group
An investment project provides cash inflows of $705 per year for eight years. What is the project payback period if the initial cost is $1,900
Answer:
2 years and 8 months
Explanation:
The payback period is the length of time required for thee total cashflows to equal the Initial Capital Investment.
Payback = $1,900
Therefore,
$1,900 = $705 + $705 + $490
Which is 2 years and 8 months ($490/ $705 × 12)
Conclusion :
The project payback period is 2 years and 8 months
Haley is expanding her tax preparation business and wants to reorganize it. She wants to better protect her personal assets from any liabilities associated with the business, and she wants to pay a lower tax rate on her business income. She also believes her business will benefit from oversight from a board of directors.
Which form of business structure would clearly meet Haley's needs?
a. Corporation
b. Sole proprietorship
c. Limited liability partnership
d. Partnership
Answer:
a. Corporation
Explanation:
A Corporation is the best form of business structure would clearly meet Haley's needs
1. Limited Liability
This form of business gives her limited liability, that is to say her liability is only limited to what she has invested in business and not any further thus having a better protect her personal assets from any liabilities associated with the business.
2. Taxes
A Corporation also had lower tax rate on business income not to mentions of capital allowances on assets used in business or the other deductions in expenditure incurred to run the business
3. Corporate Governance
Her daily involvement in the operations of the business is limited in this as the directors are appointed as stewards to manage the business with the oversight from a board of directors.
The short-run aggregate supply curve is likely to shift left when there isan increase in the degree of excess capacity.a. Trueb. False
Answer:
a. True
Explanation:
An increase in the degree of excess capacity results from a decrease in productivity. In other words, factories have excess capacity when they are producing less or they are producing an output level which is lower than expected or planned. A decrease in productivity shifts the SRAS curve to the left.
Could This firm produce an output of 200 at an average total cost of $20?
Answer:
yes
Explanation:
Explanation: Hope you get it right