Activity-based and volume-based cost drivers are best related to linear cost estimation.
What is a linear cost function?Businesses employ a mathematical technique called a linear cost function to calculate the overall costs related to a particular level of production. When the cost of producing each item is constant regardless of how many are produced, this approach of cost estimation can be used. In that situation, the linear cost function can be determined by combining the fixed costs with the variable costs, which are the cost per unit times the number of units produced.
By solving for the overall cost of a production order, businesses are able to plan their budgets and determine how much product to produce.
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when purchasing a reusable water bottle, factors like durability, price, and temperature control that a consumer considers prior to purchase are called
Evaluation criteria.
Evaluation criteria specify a set of metrics that allow solutions and alternate designs to be ranked based on the value of the stakeholders.
Explain Evaluation criteria?Evaluation criteria define a set of measurements that allow solutions and alternate designs to be ranked based on the value of the stakeholders. Each solution represents a continuous or discrete scale for measuring a particular solution attribute such as cost, performance, or usability.The definition of evaluation provided by the DAC includes five criteria: relevance, effectiveness, efficiency, sustainability, and impact.Accurate and unambiguous, which means that there is a clear and accurate relationship between the criteria and the actual consequences. Comprehensive but concise, in the sense that they cover the full range of relevant consequences while keeping the evaluation framework systematic and manageable, with no redundancies.To learn more about evaluation criteria refer to :
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according to bruno solnik's classic study, a fully diversified portfolio that contains stocks from many countries is blank as risky as a fully diversified portfolio that contains only us stocks. multiple choice question. more than double less than half equally
According to Bruno Solnik's classic study, a fully diversified portfolio that contains stocks from may countries is less than half as risky as a fully diversified portfolio that contains only US stocks. A diversified portfolio can be defined as a collection of different investments that combine to reduce an investor's overall risk profile.
Diversification portfolio is including owning stocks from several different countries, industries, risk profiles, as well as other investments such as commodities, bonds, and real estate. The example of diversified portfolio is bonds, fixed interest, cash, property, shares, property, and private equity.
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the marginal rate of substitution (mrs) is multiple choice question. the value of the slope of the budget constraint. the value of the slope of the indifference curve. the absolute value of the slope of the indifference curve. the absolute value of the slope of the budget constraint.
The Marginal Rate of Substitution or MRS is the slope of the indifference curve.
Indifference curve is a graph plotted in order to determine the same amount of satisfaction received by the consumers from different varieties of products. This property of deriving same satisfaction from different varieties of products is known as Indifferent. Every point on the indifference curve shows indifference among different products. Marginal rate of substitution is defined as the amount of a good that a consumer sacrifices or substitutes for other good in order to derive the same amount of satisfaction. The slope of indifference curve gives the Marginal Rate of Substitution. Marginal Substitution rate is a tool that can be used to determine the behavior of a consumer towards different varieties of products.
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from before the financial crisis began in september of 2007 to when the crisis was over at the end of 2009, the huge expansion in the fed's balance sheet and the monetary base did not result in a large increase in money supply because
The Fed's balance sheet was about $870 billion prior to the crisis, or about 7% of GDP. This size largely reflected the quantity of currency in circulation, which at the time was its greatest liability.
What actions did the Federal Reserve take during the 2007 and 2008 financial crises?
The financial crisis that began in the summer of 2007 was aggressively responded to by the Federal Reserve, which implemented a number of programs to support financial institutions' liquidity and foster improved conditions in financial markets.
The Federal Open Market Committee (FOMC) accelerated its interest rate cuts in the fall of 2008, bringing the rate to its effective floor—a target range of 0 to 25 basis points—by the end of the year.
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land is purchased for $209,000. additional costs include a $14,400 fee to a broker, a survey fee of $2,400, $2,200 to construct a fence, and a legal fee of $9,400. what is the cost of the land?
The total cost of land is $209,000 + $14,400 + $2,400 +$2,200+$9,400 that is $237,400 .
What is legal fee ?
Legal expenses are considered nominal accounting since they are considered an indirect cost of doing company.
How is legal fees calculated ?
The amount of time spent on your issue, the lawyer's skill, expertise, and reputation, the uniqueness and complexity of the case, the outcomes, and the associated costs are just a few of the variables that affect legal fees.
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in a complicated negotiated, minmetals in china agreed to purchase at least 24,000 tons of copper cathode for $35 million from pasar in the philippines. according to the terms of the sale, pasar will provide at least $12 million worth of coal to a chinese power company that will provide the electricity needed to operate minmetals. this is an example of a(n):
Passer will provide at least $12 million in coal to a Chinese power company that will provide the electricity required to operate the minmetals, according to the terms of the sale. This is an illustration of a(n): countertrade
What is countertrade?Countertrade refers to the exchange of goods or services for which payment is made in whole or in part with other goods or services rather than with money. A monetary valuation, on the other hand, can be used in countertrade for accounting purposes. The term bilateral trade refers to transactions between sovereign states. Countertrade is a type of reciprocal international trade in which goods or services are exchanged for other goods or services rather than hard currency. This type of international trade is more common in developing countries that have limited access to foreign exchange or credit.
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on january 2, 2021, howdy doody corporation purchased 12% of ranger corporation's common stock for $50,000. during 2021, ranger had net income of $100,000 and declared and paid a dividend of $60,000. on december 31, 2021, the fair value of the ranger stock owned by howdy doody had increased to $70,000. how much should howdy doody show in the 2021 income statement as income from this investment?
The amount that Howdy Doody shows in the 2021 income statement as income from this investment will be:
= $60,000 × 12%
= $60,000 × 0.12
= $7,200
A agency's stability sheet might also show the budget it has invested in different organizations. Investments seem on a balance sheet in numerous methods: as not unusual or preferred stocks, mutual price range, and notes payable. Occasionally they are made to position extra coins to work for quick periods.
An investment is an asset or item obtained with the intention of generating earnings or appreciation. Appreciation refers to an increase in the fee of an asset through the years. While individual purchases a good as funding, the cause is not to devour the best but rather to apply it in the destiny to create wealth.
An investment is an asset or object accrued with the goal of producing income or reputation. In an economic outlook, an investment is the purchase of goods that aren't fed on today but are used in the destiny to generate wealth.
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clancy purchases an old office building and wants to obtain commercial property insurance. the building is at an increased risk of fire damage because the electrical work is outdated. in a weak economy, the insurance company charges him a lower premium than usual and agrees to take the risk. this pricing strategy is called
This situation uses the strategy of premium underwriting as it reduces the premium in case of risky situations as the insurer is able to take the risk due to less premium as assurance.
What is Cashflow Underwriting?
An insurer that uses cash flow underwriting is making a wager that the losses from the numerous policies it writes will take a while to materialize. A cash flow underwriting strategy seeks to produce significant investment money from the increased business brought on by lower pricing by the individuals to avoid huge amounts of premium
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which one is not a criterion for supplier selection? question 1 options: a) communication capability b) enhanced skills c) quality d) cost e) location
The creation of a supplier selection scorecard is the first step in the process of selecting suppliers.
What exactly is a supplier choice?
The method by which businesses select, evaluate, and contract with suppliers is known as supplier selection. A company's financial resources are heavily expended during the supplier selection process, which is crucial to its success.
What are the three primary considerations when choosing suppliers?
Scanning a series of price lists is only one part of the process of selecting the right supplier.A lot of different things, like value for money, quality, dependability, and service, will play a role in your decision.The priorities and strategy of your business will determine how you weigh these various factors.
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which of the following is a positive economic statement? group of answer choices reducing unemployment should be the highest priority of the federal government. an increase in unemployment benefits will increase the unemployment rate. corporations should be prohibited from laying off workers during a recession. congress should increase unemployment benefits during a recession.
An increase in unemployment benefits will increase the unemployment rate is a positive economic statement.
Unemployment, according to the OECD, is humans above a distinctive age now not being in paid employment or self-employment however presently to be had for paintings throughout the reference period. Unemployment is measured via the unemployment fee, which is the range of individuals who are unemployed as a percent of the labour pressure
The term unemployment refers to a scenario wherein someone actively searches for employment but is not able to locate work. Unemployment is considered to be a key measure of the fitness of the economy. The most often used measure of unemployment is the unemployment rate.
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solve the problem. the total cost of producing x units of a certain commodity is given by does marginal cost increase or decrease with increasing production? not enough information to answer marginal cost is constant. marginal cost is increasing. marginal cost is decreasing.
Marginal cost is increasing with increasing production.
In economics, the marginal cost is the exchange in total production fee that comes from making or producing one extra unit. To calculate the marginal value, divide the change in production expenses by means of the alternate in quantity.
Take your total value of manufacturing and subtract your variable prices improved by using the wide variety of units you produced. t=This could provide you with your overall fixed cost.
An organization's marginal fee is how a great deal greater it charges to produce extra gadgets of goods or services. You may calculate it by dividing the exchange in expenses by the change in amount.
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ibis world predicts that the number of employees in the marketing research industry will expand at an average annual rate of 7% through 2022, with wages predicted to increase at an average annual rate of 11%. answer: false true false
IBIS World is the world's largest publisher of industry data, offering a reliable database of useful information on 700 industries.
How big is the industry of market research?
In 2022, the Market Research industry's revenue is estimated to be $28.5 billion.What will be the market research industry's annual growth rate in the United States in 2022?In 2022, it is anticipated that the Market Research industry's market size will grow by 2.4%.
What is the purpose of IBISWorld?
Established in 1971, IBISWorld gives believed industry research on a great many businesses around the world.For the purpose of assisting businesses of all sizes in making better business decisions, our in-house analysts make use of market, demographic, and economic data before incorporating analytical and forward-looking insight.
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Which step of the performance management process are heidi and christopher at in the beginning of the video?.
At the beginning of the stated video Heidi and Christopher was at the crucial step that called Review Performance of management .
What is Review Performance ?According to my point of view, Heidi handled the performance review because she gives each individual and the group adequate comments and information about their performance, helps to change behavior toward effective working, and provides statistics for Christopher to reference.
Performance expectations, monitoring, measuring, and assessment are all part of the process- and managerial-based foundation of performance management. Christopher's overall performance as well as that of another team member is being watched by Heidi. Heidi discovered concerns about the general's work on the job, and his work has an impact on how well the corporation does business.
Here, Heidi consistently describes Christopher's and the general's lesser turnover, however general complaints about his behavior were observed. The general's actions have a negative impact on employee engagement and work happiness behavior. monitoring the effectiveness and response at work.
Christopher noticed that each team member was performing very well and contributing to increased profitability, productivity .
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a company acquires equipment by signing an interest-bearing note payable for $20,000. the interest rate is realistic so the company will record (select all that apply.) multiple select question. debit machine $20,000 debit machine for an amount less than $20,000 credit note payable $20,000 debit discount on note payable
Key Learnings. Regardless of the results, full cost (FC) accounting enables businesses to capitalize all operating costs associated with discovering new oil and gas sources.
$20k from the machine, $20k on the credit note.
Which oil and gas accounting technique mandates that the cost of failed wells be incurred in the current period?
When it is determined that a failed exploratory well won't produce, the costs associated with that well are immediately expensed under the SE method. The expenditures are capitalized and then amortized using the FC accounting method throughout the anticipated life of the company's oil and gas reserves.
Which of the following expenses for research and development should be capitalized and written down over the next two years?
The response is a. Building for general research and development laboratories with future potential for other applications. Since the general laboratory facility for research and development will serve the company's needs beyond only that of research and development and will require depreciation over its useful life, it should be recognized as an asset.
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because of ethical considerations, a firm that offers a packaged service can use its experience to provide measures obtained from previous research to allow direct comparisons and make sense of results. true false
A company that provides bundled services might draw on its expertise to offer metrics derived from earlier research to enable direct comparisons and make sense of findings : True
Define marketing.Marketing as a field covers all the things a company does to draw customers and maintain connections with them. Examples of networking with potential or past clients that can be done as part of the job include sending thank-you cards, playing golf with potential clients, swiftly returning calls and emails, and setting up coffee or dinner encounters with clients.
All three of these marketing operations involve selling and distributing goods to consumers or other businesses. In some instances, affiliates assist a company's marketing initiatives.
Examples of focused promotions include celebrity endorsements, appealing taglines or slogans, attractive packaging or graphic designs, and general media exposure.
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keatts company's bank statement included a nsf check written by one of its customers. what effect will recognizing the nsf check have on the company's financial statements?
Checks returned for insufficient funds (NSF) are noted on the bank reconciliation financial statement as an amended book balance line item, with the NSF amount subtracted from its balance.
To determine the genuine cash amount, the unadjusted book balance is subtracted. The NSF check should be deducted from the unadjusted book balance to get the true cash balance because the company was unaware of it before receiving the bank financial statement. The depositor receives their check back from the bank, and the amount is taken out of their account. Therefore, on the bank reconciliation, NSF checks must be deducted from the company's book balance.
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how was the invention of the printing press disruptive to previous norms? for example: information creators, control of information, information consumers, etc.
In the 15th century, people were able to share knowledge more quickly and widely thanks to an invention. Civilization has never wavered.
The saying goes that knowledge is power, and the mechanical movable type printing press made it easier and faster to spread knowledge.
How was information altered by the printing press?The unprecedented dissemination of ideas and information was made possible by the mass production of printed materials. Because it gave people access to new information, it is one of history's most significant inventions.
How did the printing press contribute to the dissemination of information and news?Newspapers were published and public debates took place as printing spread. The reformers and leaders were able to easily spread their ideas. Novelists and poets could also write about and convey their emotions, which could now reach a wider audience.
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______ is the change in total utility that results from the consumption of one more unit of a product.
The marginal utility is the difference in a consumer's overall utility caused by consuming one more unit.
How Does Marginal Utility Work?Marginal utility describes the additional enjoyment a consumer receives from having one more unit of a good or service. The concept of marginal utility is used by economists to predict how much of a good consumers would purchase.
The pleasure a consumer experiences from each additional unit of consumption is known as marginal utility. It determines the utility after the initial product is consumed. The marginal utility is the benefit you receive from buying a second bottle of water after first purchasing one.
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when a firm attempts to determine whether the product will perform according to its design and whether it satisfies the need for which it was intended, it partakes in
Alpha testing is used by the company to assess whether the product will perform according to its design and whether it will meet the requirement for which it was designed.
What is Alpha testing?Alpha testing is used by the company to assess whether the product will perform according to its design and whether it will meet the requirement for which it was designed. Alpha testers examine the inner workings of the technology, a process known as; white box testing. Participants in alpha tests are often engineers with the requisite skills to provide developers with technical comments and recommendations on how to fix what's broken.
Products often go through multiple phases of testing before being released to the general public. The alpha test phase is inextricably linked to proof of concept initiatives. The practice of distinguishing internal testing from customer-facing testing by using the first two letters of the Greek alphabet started in software development, but the labels are now used by product engineers across many sectors.
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which of the following statements is false? group of answer choices mortgage interest on a primary residence is fully deductible for new mortgages up to $750,000 points paid on a new mortgage are fully deductible in the year incurred points paid on a refinancing are fully deductible in the year incurred in most cases, interest on a home equity loan is fully deductible in the year incurred if the proceeds are used to improve the property
The false statement is- Points paid on a refinancing are fully deductible
in the year incurred.
Refinancing is the process of swapping out an existing debt obligation for a new one with a new term and cost of borrowing. Based on a variety of economic factors including risk inherent, anticipated risk, political and economic stability of a country, currency stability, financial regulations, borrower's credit ratings, and country's credit score, the conditions and terms of refinancing may vary markedly by nation, provincial capital, or state. Mortgages on primary residences and vehicle loan are two typical forms of refinancing in many developed countries.
Borrowers usually decide for refinancing when there is substantial change in economic environment.
The complete question is here:
Which of the following statements is FALSE?
(a) Mortgage interest on a primary residence is
fully deductible for mortgages up to $750,000.
(b) Points paid on a new mortgage are fully deductible
in the year incurred.
(c) Points paid on a refinancing are fully deductible
in the year incurred.
(d) In most cases, interest on a home equity loan
is fully deductible in the year incurred.
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demonstrating the pervasiveness of overconfidence, despite strong evidence to active management under-performance, indexing accounts for what percentage of the overall equity held in the mutual fund industry?
Demonstrating the pervasiveness of overconfidence, despite strong evidence to active management under-performance, indexing accounts 25% will be the percentage of the overall equity held in the mutual fund industry.
What is Arrogance Predisposition?
Pomposity predisposition is a propensity to hold a bogus and deluding evaluation of our abilities, insight, or ability. So, a selfish conviction we're superior to we really are. It tends to be a risky predisposition and is exceptionally productive in social money and capital business sectors. This guide will unload the presumptuousness predisposition in more detail. Learn more in CFI's Social Money Course.
What is ordered execution?
Execution file is an estimation of how well work is meeting its characterized objective. For work with reaction time objectives, the exhibition record is the genuine partitioned by objective. For work with speed objectives, the exhibition record is objective partitioned by genuine.
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in his last order, the bakery manager at bread of the earth bakery purchased a different brand of whole wheat flour from his regular supplier, best bakery supplies. this is an example of a
this is an example of a Modified Rebuy.
What is Modified Rebuy?
Modified rebuy is the in-between process where some review of the buying situation is done though not as much as in new-task buying.
Modified Rebuy helps the business in saving a lot of time. Business maintain lists of such materials and products which can be bought again from the same supplier or another supplier from an approved list which is already on boarded and knows the requirement well.
A buyer can acquire information for a modified rebuy by analyzing competition by comparison shopping, by analyzing current information found in trade publications or at trade shows, or by hiring the services of a resident buying office.
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24. refer to charholi december 31, 2019 income statement shown below. charholi began 2019 with a taxes payable account balance of $7 million. if it ended 2019 with a taxes payable account balance of $10 million, how much did it pay in taxes in 2019? $12.6 million $18.6 million $22.6 million $25.6 million
In 2019, Charoli paid taxes of $12.6 million as per the given income statement
Taxes payable account balance at the beginning of 2019 = $7 million
Taxes payable account at the end of 2019 = $10 million
As per the given question:
The tax expense in the income statement for the year = $15.6 million
But, there has been an increase in the tax payable during the year from $7 million to $10 million.
This means that $3 million of taxes have not been paid this year.
Hence, the final tax paid by the company is = 15.6 - 3 = 12.6 million
Option 1. is the correct answer
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kyle, whose spouse died in december 2019, filed a joint tax return for 2019. he did not remarry but has continued to maintain his home in which his two dependent children live. what is kyle's filing status in 2022? a.head of household b.single c.married filing separately d.surviving spouse
Kyle's filling status in 2022 is option A. Head of household. A filing status for individual United States taxpayers is called as a Head of household.
Head of household status generally can be described as a preferential tax rates and also larger standard deduction for single people caring for qualifying dependents. At the end of the year to use the Head of Household filing status taxpayer must be unmarried or considered unmarried. In the other side, head of household status also can be applied by unmarried or a qualified dependent living with you more than half the year or a parent for whom you cover half of housing costs.
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As a ground control employee at the airport, neal uses hand signals to guide the planes to the tarmac. Which element of nonverbal communication is neal using?.
Based on the fact that Neal who is a ground control employee at the airport uses hand signals to guide the planes to the tarmac, the element of nonverbal communication which Neal is using is known as gestures
What is Non-Verbal Communication?This refers to the type of communication that is used by a person to send a message to a person and to receive feedback and some examples or elements of this nonverbal communication include the use of expressions, gestures, paralinguistics, etc
Hence, we can see that because Neal uses hand signals in order to direct the planes onto the tarmac based on his job description as a ground control employee at the airport, he is making use of gestures.
With this in mind and from the given explanation, it can be seen that the element of nonverbal communication which Neal is using is known as gestures
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a specified interval of income to which a specific and unique marginal tax rate is applied is called a. an average tax rate. b. a tax bracket. c. a tax rate. d. a tax base.
The correct answer is Option B.
Your filing status and taxable income determine your tax bracket.
What is marginal tax rate ?The marginal tax rate is the amount of extra tax paid for every additional dollar of income earned. The average tax rate is calculated by dividing total tax paid by total income earned. A marginal tax rate of 10% means that 10 cents of every additional dollar earned is taxed.For each associated bracket, the marginal tax rate formula isMarginal Tax Rate = Tax Paid/ Taxable Income.
The US Progressive marginal tax system has seven tax brackets. Each has a taxable income range with corresponding marginal tax rates. It also establishes the worth of a particular deduction for a taxpayer.To learn more about marginal tax rate refer to :
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those individuals who have salespeople reporting directly to them and spend considerable time working with salespeople in their respective sales territories are called
Geographic sales organization is a respective territory in which the individuals who have salesperson reporting directly to them and spend considerable time working with the salesperson.
What is Geographic sales organization?A geographical sales organization is a type of organizational structure which organizes people within an organization by geographical locations. This feature helps in creating specific divisions for specific structure, Each division acts as an own company with different types of individuals for various types of business functions.
Advantages of Geographical sales organization
The advantages of geographic sales organization are
Better efficiency for divisionEasy to coordinateImproved focusLeadership OpportunitiesImproved customer communicationDisadvantages
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which of the following types of markets is more efficient (greater overall gains from trade): a) a monopolist who does not price discriminate and has to charge a uniform price b) first-degree price discrimination
First-degree price discrimination markets are more efficient.
What is First-degree price discrimination?Price discrimination is categorized into three types: perfect price discrimination, second-degree price discrimination, and third-degree price discrimination. These price discrimination tiers are also known as personalized pricing (first-degree pricing), product versioning or menu pricing (second-degree pricing), and group pricing (third-degree pricing) (3rd-degree pricing).
First-degree discrimination occurs when a company charges the greatest possible price for each unit consumed. Because prices vary among units, the corporation keeps all available consumer surplus or economic excess for itself. Many sectors that provide client services engage in first-degree price discrimination, which occurs when a business charges a different price for each product or service given.
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you purchase a $255,000 house and you pay 20 percent down. you obtain a fixed-rate mortgage where the annual interest rate is 5.85 percent and there are 360 monthly payments. what is the monthly payment? (you need to show the steps)
You purchase a $255,000 house and you pay 20 percent down. you obtain a fixed-rate mortgage the monthly payment is $1203.48
What is a fixed-rate mortgage?Generally, In contrast to loans where the interest rate may change, or "float," throughout the course of the loan's term, a mortgage loan with a fixed rate is one in which the interest rate on the note stays constant during the duration of the loan.
In conclusion, the equation that defines Loan Amount is
Loan Amount = Purchase price - Purchase * 20%
Loan Amount= 255000 * (1-20%)
Loan Amount= 204000
The payment equation is
PMT = PV/(1-(1+r)-n)/r
Where
Rate = 5.85%/12
Number of periods = 360
Hence
PMT =[tex]\frac{204000}{(1-(1+5.85 \%/12)} - \frac{360)}{(5.85\%/12) }[/tex]
PMT = 1203.48
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at december 31 of the prior year and current year, jet corp. had 100,000 shares of common stock and 10,000 shares of 5%, $100 par value noncumulative preferred stock outstanding. no dividends were declared on either the preferred or the common stock in the prior year and current year. net income for the current year was $1,000,000. compute basic earnings per common share for the current year.
The amount of dividends that common investors will get this year is $950,000.
Detailed solution
as evidence
10,000 shares
rate = 5%
each worth $100
dividend = $1 million
finding out
amount of dividends that common investors have received
solution
First Annual Preferred Stock Dividend received, that is
(10000 x $100) 5% annual preferred stock dividend
$50000 is the annual preferred stock dividend.
and we are aware that the prior year saw no dividends declared.
hence, the dividend paid to holders of common stock will be
$1,000,000 - $50000 is the dividend paid to common stockholders.
$950,000 was the dividend paid to common stockholders.
therefore, the ordinary stockholders received $950,000 in dividends this year.
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