Business

Yong teaches students with learning disabilities and physical disabilities. Barb teaches computer programming to high school students. Maya works in a private school teaching math to seventh-grade students. Destiny works in a college teaching English to adult students. Tanner helps an elementary school teacher and works under the guidance of that teacher.
2 Answers
Tommy's parents died in a plane crash and he went to live with his guardian, Aunt Rose. Rose had a very small house and did not have a separate bedroom and bath for 12-year-old Tommy. She and Tommy decided to use some of his inheritance to pay for an addition to the house. He had some shares of stock transferred into Rose's name so that she could sell them when the money was due to be paid. The stock transfers are:
1 Answer
A trader wishes to know the cost of goods sold during the year.Which financial statment will provide the answer? *A Balance sheetB Profit and loss AccountC Trading AccountD Trial Balance
1 Answer
On January 1, 2020, Barwood Corporation granted 5,000 options to executives. Each option entitles the holder to purchase one share of Barwood's $5 par value common stock at $50 per share at any time during the next 5 years. The market price of the stock is $65 per share on the date of grant. The fair value of the options at the grant date is $150,000. The period of benefit is 2 years. Prepare Barwood's journal entries for January 1, 2020, and December 31, 2020 and 2021
1 Answer
Mrs. Williams finds that she has two options for investing $32,000.02 for fifteen years. The first option is to deposit the $32,000.02 into a fund earning a nominal rate of discount d(4) payable quarterly. The second option is to purchase an annuity-immediate with 15 level annual payments, the annuity payments computed using an annual effective rate of 7%, and then when she gets an annuity payment, to immediately invest it into a fund earning an annual effective rate of 5%. Mrs. Williams calculates that the second option produces an accumulated value that is $1,500 more than the accumulated value yielded by the first option. Calculate d(4).
1 Answer
define nationalization.
1 Answer
World trade benefits from free and fair trade among nations. Nevertheless, governments of many countries continue to practice protectionism. While protectionism earns profits for domestic producers and tariff revenues for governments, consumers pay higher prices because of protective restrictions. Imposing tariffs increases the price of goods to consumers. Removing tariffs decreases the price of goods to consumers. Imposing quotas limits supply and therefore increases the price of goods to consumers. Removing quotas makes products more available and therefore decreases the price of goods to consumers.
1 Answer
Khalifa wants to expand his business further. He needs to know if he will make enough profit over the next six months. To do so, Khalid has suggested calculating his breakeven point, and his profit. Khalifa will need 100,000 AED to expand his business.2a. Evaluate why it is a good idea for Khalifa to calculate his breakeven point.
1 Answer
Whitewater Wine Foundation expects 125,000 attendees at their May festival. Wine-tasters pay a $10 entrance fee which includes a tasting glass and wine-tasting wristband. Designated drivers pay a $5 entrance fee and receive a ticket for one non-alcoholic drink. Of the attendees, 10% are expected to be designated drivers. Costs to the festival are $.25 for wristbands, $.90 for tasting glasses and $.15 for non-alcoholic drinks. All drink tickets are expected to be used. What is the total purchases budget for the May festival
1 Answer
Calculate Cost of Goods Manufactured for 2019 using the following information. Direct Materials, Jan. 1, 2019 $ 40,000 Work-in-Process, Dec. 31, 2019 69,000 Direct Labor 48,500 Finished Goods, Dec. 31, 2019 105,000 Finished Goods, Jan. 1, 2019 128,000 Manufacturing Overhead 72,500 Direct Materials, Dec. 31, 2019 43,000 Work-in Process, Jan. 1, 2019 87,000 Purchases of Direct Material 75,000
2 Answers
Help please!!Andrew is a software professional. He wants to join a group of software professionals on a networking site to remain updated on latest software trends. Which networking site should Andrew join?
1 Answer
Naranjo Company designs industrial prototypes for outside companies. Budgeted overhead for the year was $345,000, and budgeted direct labor hours were 23,000. The average wage rate for direct labor is expected to be $30 per hour. During June, Naranjo Company worked on four jobs. Data relating to these four jobs follow: Job 39 Job 40 Job 41 Job 42 Beginning balance $26,200 $32,800 $16,700 $0 Materials requisitioned 18,000 21,000 8,400 13,300 Direct labor cost 9,100 18,100 3,050 4,200 Overhead is assigned as a percentage of direct labor cost. During June, Jobs 39 and 40 were completed; Job 39 was sold at 110 percent of cost. (Naranjo had originally developed Job 40 to order for a customer; however, that customer was near bankruptcy and the chance of Naranjo being paid was growing dimmer. Naranjo decided to hold Job 40 in inventory while the customer worked out its financial difficulties. Job 40 is the only job in Finished Goods Inventory.) Jobs 41 and 42 remain unfinished at the end of the month. Required:1. Calculate the overhead rate based on direct labor cost.% of direct labor cost2. Set up a simple job-order cost sheet for all jobs in process during June. If an amount is zero, enter "0".Naranjo CompanyJob-Order Cost SheetsJob 39 Job 40 Job 41 Job 42Balance, June 1 $ $ $ $Total $ $ $ $3. What if the expected direct labor rate at the beginning of the year was $20 instead of $25? What would the overhead rate be?New budgeted direct labor cost = $New overhead rate = % of direct labor costHow would the cost of the jobs be affected?
1 Answer
Suppose the college administrators estimate that the beautification initiative will cost $3,600. To decide whether the initiative should be undertaken, administrators conduct a survey of the college's 170 students, asking each of them their willingness to pay for the beautification project. The average willingness to pay, as revealed by the survey, is $18.
1 Answer
Desjarlais Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products. Activity Cost Pools Activity Rate Setting up batches $ 87.25 per batch Assembling products $ 6.38 per assembly hour Processing customer orders $ 53.91 per customer order Data concerning two products appear below: Product S96U Product Q06F Number of batches 34 45 Number of assembly hours 105 820 Number of customer orders 17 29Required: a. How much overhead cost would be assigned to Product S96U using the company's activity-based costing system? b. How much overhead cost would be assigned to Product QO6F using the company's activity-based costing system?
1 Answer
Pina Corp. enters into a contract with a customer to build an apartment building for $921,300. The customer hopes to rent apartments at the beginning of the school year and provides a performance bonus of $156,000 to be paid if the building is ready for rental beginning August 1, 2021. The bonus is reduced by $52,000 each week that completion is delayed. Pina commonly includes these completion bonuses in its contracts and, based on prior experience, estimates the following completion outcomes: Determine the transaction price for the contract, assuming Pina has limited information with which to develop a reliable estimate of completion by the August 1, 2021, deadline.
1 Answer
Naumann Corporation produces and sells a single product. Data concerning that product appear below: Per Unit Percent of Sales Selling price $ 200 100 % Variable expenses 36 18 % Contribution margin $ 164 82 % Fixed expenses are $130,000 per month. The company is currently selling 1,200 units per month. Required: Management is considering using a new component that would increase the unit variable cost by $46. Since the new component would improve the company's product, the marketing manager predicts that monthly sales would increase by 400 units. What should be the overall effect on the company's monthly net operating income of this change if fixed expenses are unaffected
1 Answer
A company's income statement showed the following: net income, $130,000; depreciation expense, $38,000; and gain on sale of plant assets, $12,000. An examination of the company's current assets and current liabilities showed the following changes accounts receivable decreased $11,000; merchandise inventory increased $26,000; prepaid expenses increased $7,800; accounts payable increased $5,000. Calculate the net cash provided or used by operating activities.
1 Answer
The president of the Micro Brewing Corporation asks you, as the company economist, to forecast changes in consumer beer purchases associated with a proposed price change. You conduct a survey and find that if the price of a six-pack increases from $5.50 to $7.50, the quantity demanded will decrease from 2200 units to 1800 units a month. Should the Micro Brewing Corporation raise its price? Explain the economic basis for this recommendation to the president
1 Answer
Which descriptions offer examples of Health, Safety, and Environmental Assurance workers? Check all that apply.Gonzalo purchases materials for a manufacturing plant to use in building airplanes.Rachel fixes broken machinery in a factory.Trey creates procedures to help employees stay injury-free while working in a factory.Patrice creates schedules to make sure employees in a factory complete their work on time.Carl uses equipment to reduce environmental damage from a manufacturing plant.Athena examines health and safety hazards for employees working in a manufacturing plant.
2 Answers
what are the major challanges of foriegn employment for nepalese
1 Answer
Explain what test marketing is and its purpose?
1 Answer
A pump has failed in a facility that will be completely replaced in 3 years. A brass pump costing $6000 installed will last 3 years. However, a used stainless steel pump that should last 3 more years has been sitting in the maintenance shop for a year. The pump cost $13,000 new. The accountants say the pump is worth $7000 now. The maintenance supervisor says that it will cost an extra $500 to reconfigure the pump for the new use and that he could sell it used (as is) for $4000.(a) What is the book cost of the stainless steel pump?(b) What is the opportunity cost of the stainless steel pump?(c) How much cheaper or more expensive would it be to use the stainless steel pump rather than a new brass pump?a. $1500 cheaperb. $1500 more expensivec. $7500 cheaperd. $7500 more expensive
1 Answer
In an advertisement, a statement by a user about the benefits he or she received is called a _____.A.testimonialB.storyboardC.unique selling propositionD.visual element
2 Answers
Given the following historical demand and forecast, calculate the Mean Absolute Percentage Error: Week 1 Demand: 50 Forecast: 49 Week 2 Demand: 54 Forecast: 50 Week 3 Demand: 58 Forecast: 63 FE = D-F n FE RSFE RSFE = 27=1 FE; MFE = n n (FE;) 21-1|FEil MSE = MAD = n n FE; 2i=1 =FE TS = RSFE MAPE n MAD MAD about 6.0% A. about 2.0% B. about 18.0% C. about 4.3% D. about 1.00%
2 Answers