By using cost drivers and activity rates, the ABC system ensures a more accurate and fair allocation of departmental manufacturing overhead costs to products produced in varying lot sizes.
In an Activity-Based Costing (ABC) system, you should use cost drivers to assign departmental manufacturing overhead costs to products produced in varying lot sizes.
Step-by-step explanation:
1. Identify the activities: Analyze the production process and determine the activities that contribute to manufacturing overhead costs.
2. Determine cost drivers: For each activity, find a suitable cost driver that represents the cause-and-effect relationship between the activity and the incurred overhead costs.
3. Calculate activity rates: Divide the total overhead costs for each activity by the total quantity of the cost driver. This gives you the activity rate, which represents the cost per unit of the cost driver.
4. Assign overhead costs to products: Multiply the activity rate by the quantity of the cost driver consumed by each product. This will give you the amount of overhead cost assigned to each product based on the specific activities and lot sizes involved in their production.
By using cost drivers and activity rates, the ABC system ensures a more accurate and fair allocation of departmental manufacturing overhead costs to products produced in varying lot sizes.
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The person who would be most directly affected by changes in the business cycle is ______.
a.
an emergency-room doctor
b.
a construction worker
c.
an orthodontist
d.
a college professor
Answer: B. a construction worker
Explanation:
If buildings are needed to be built constantly than construction workers will make more profit. If people in the business aren’t doing well and stock markets come down less business will be made. Meaning lesser buildings, which allows construction workers to make less.
Hope this helps you, love!
Answer:
pretty sure its b correct me if im wrong
Explanation:
Do a minor research on at least 5 inventory optimization software providers.Analyze and compare the main services, features and technologies that powers these software's.
Some options for inventory optimization software providers along with their main services, features, and technologies:
Fishbowl Inventory, Oracle, SAP, MDA software and Epicor.
Inventory optimization software providersHere are some options for inventory optimization software providers along with their main services, features, and technologies:
1. Fishbowl Inventory:Fishbowl Inventory provides software that enables companies to manage their inventory, create invoices, and generate reports. The software features a barcode scanner and supports real-time updates. Additionally, Fishbowl Inventory integrates with QuickBooks and supports a variety of manufacturing and order fulfillment features.
2. Oracle:Oracle provides a suite of software that includes inventory optimization features. Their software can be used to manage demand, create sales forecasts, and balance inventory levels. Additionally, Oracle's software can help companies optimize their supply chains and create more efficient purchasing and production processes.
3. SAP:SAP provides software for a wide range of business needs, including inventory optimization. Their software supports real-time updates and includes advanced analytics features. Additionally, SAP's software can help companies optimize their supply chains, reduce costs, and improve their overall efficiency.
4. JDA Software:JDA Software provides software for supply chain optimization, including inventory management features. Their software can be used to create demand forecasts, manage inventory levels, and optimize production processes. Additionally, JDA's software supports advanced analytics and can help companies reduce costs and improve their overall efficiency.
5. Epicor:Epicor provides software for inventory management, order fulfillment, and warehouse management. Their software supports real-time updates and includes advanced analytics features. Additionally, Epicor's software can help companies optimize their supply chains and improve their overall efficiency.
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Which of the following statements about segmenting is true? Multiple Choice Segmenting is usually a riskier approach than combining. O Segmenters try to satisfy consumers "very well" instead of "pretty well." Segmenting limits a firm to smaller sales potential and lower profits. oo A segmenter with limited resources may have to use the multiple target market approach instead of the single target market approach. All these answers are correct.
The statement "A segmenter with limited resources may have to use the multiple target market approach instead of the single target market approach" is true.
When a company has limited resources, it may not have the capacity to effectively target and satisfy the needs of a single large market. In such cases, segmenting the market and adopting a multiple target market approach can be more practical and feasible. By identifying smaller, distinct segments within the market, the company can focus its resources on satisfying the needs and preferences of these specific segments, increasing the chances of success. This approach allows the company to allocate its limited resources more efficiently and effectively, tailoring its products or services to different target markets and maximizing its chances of capturing a larger overall market share.
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A decrease in the interest rate would cause investment to
This will lead to ____________
shift in the aggregate expenditure
(AE) curve.
In the end, the new equilibrium output (income) (Y)will change by ________the change in investment.
A decrease in the interest rate leads to an increase in investment spending, which causes a shift in the aggregate expenditure (AE) curve.
When the interest rate decreases, it becomes cheaper for businesses to borrow money for investment purposes. This leads to an increase in investment spending, as businesses are more willing to undertake new projects and expand their operations.
The increase in investment spending, in turn, leads to a shift in the aggregate expenditure (AE) curve, which represents the total spending in the economy at different levels of income.
The shift in the AE curve occurs because investment is one of the components of aggregate expenditure. As investment increases, the AE curve shifts upward, indicating higher levels of spending at each level of income.
The magnitude of the shift in the AE curve depends on the size of the change in investment. The new equilibrium output (income) will change by a multiple of the change in investment, known as the multiplier effect.
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Type the correct answer in the box. Spell all words correctly.
Which quality helps a leader cooperate with team members?
_____ is a quality that helps a leader cooperate with the team on important matters to achieve company goals.
Answer:
agreeableness
Explanation:
I got the right answer on edmentum
What can be said about the culture of services?
I. Processes are invisible
II. Processes are well defined
III. More scientific
IV. Not well defined or documented
A. I, II, and III only
B. I, II, and IV only
C. II, III, and IV only
D. All of the above
In the service culture, processes are invisible and procedures are not well defined or documented. This culture is focused on customer service, to provide the best experience.
Therefore, processes are invisible, that is, the customer is not able to identify internal processes if they are not useful, but they must perceive the service as a mystery where all their needs are promptly met.
In the service culture, this is also not well defined or documented, so as not to create standardization of the service, but a personalized service that meets the needs of each customer individually.
Therefore, in the service culture, the focus is on offering the best experience for the customer, through the creation of value, excellent service and employees capable of satisfying their needs.
The service culture is capable of generating greater competitiveness, customer loyalty and positioning for a company.
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Question 5
If you are using data-driven decision-making, what action steps would you take? Select all that apply.
If you are using data-driven decision-making, the action steps you would take include collecting and analyzing data to identify trends and patterns. Here option A, B, C, and D are the correct answer.
Using data to inform and guide decision-making (option b), continuously monitoring and evaluating the effectiveness of decisions (option c), and making adjustments to decisions based on data analysis (option d). Options e, ignoring data and making decisions based on intuition, is not a step in data-driven decision-making.
Data-driven decision-making involves using data to make informed decisions. By collecting and analyzing data, you can identify trends and patterns that can help guide your decision-making. Continuously monitoring and evaluating the effectiveness of your decisions allows you to make adjustments based on data analysis. This approach helps ensure that your decisions are based on evidence rather than intuition.
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Complete question:
If you are using data-driven decision-making, what action steps would you take? Select all that apply.
a. Collect and analyze data to identify trends and patterns.
b. Use data to inform and guide decision-making.
c. Continuously monitor and evaluate the effectiveness of decisions. d. Make adjustments to decisions based on data analysis.
e. Ignore data and make decisions based on intuition.
the united states is considered to have a high standard of living because:
A. the most important sector's of its economy are agricultural
B. most of its citizens have access to necessities like food.
C. a large number of its citizens struggle to find good jobs.
D. its currency is no longer tied to precious metals like gold.
Answer:
B. most of its citizens have access to necessities like food.
Suppose Rebecca has an inverse demand curve for candies eiven as: P=80 - 20 lack has an invene demand curve for candies given as: p in 40 - Q. Asturne Pebeccal and lack are cortumers in the sartie market for candes. 1. At what price does a kirik occur in the aegregste demand curve for this market? 2. When the price is below your answer from part a, what is the eguation for the asgegate demand curve?
1. The equilibrium price in the aggregate demand curve for this market is approximately $75.79.
2. This equation represents the aggregate demand curve when the price is below the equilibrium price.
To find the equilibrium price, we need to set the inverse demand curve equal to the inverse supply curve. The inverse supply curve is given as P = 40 - Q.
Setting 80 - 20Q = 40 - Q, we can solve for Q:
80 - 40 = 20Q - Q
40 = 19Q
Q = 40/19
Substituting this value of Q back into either the inverse demand or supply curve will give us the equilibrium price. Using the inverse demand curve P = 80 - 20Q:
P = 80 - 20(40/19)
P ≈ 75.79
2. When the price is below the equilibrium price, there will be excess demand in the market. The equation for the aggregate demand curve when the price is below the equilibrium price can be found by rearranging the inverse demand curve:
P = 80 - 20Q
Q = (80 - P)/20
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due to the lack of oil and natural gas, israel must develop other industries to compete globally. because of this, israel has quickly become recognized globally as a mini-silicon valley for hosting numerous companies involved in the __________ industry.
Because of this, Israel has quickly become recognized globally as a mini-silicon valley for hosting numerous companies involved in the Advanced technology industry.
One of the global hubs for cutting-edge technology is the Israeli region known as "Silicon Valley." It spans across the coastal plain, which is claimed to be one of the reasons Israel has come to be recognised as the "start-up nation" in the globe (see Science and Technology in Israel).
Israel has long been referred to as the "Startup Country" since it has the most tech businesses per capita launched. The three most significant economic sectors are manufacturing, diamond cutting and polishing, and technology.
As they acquired software, leadership, and communication skills in the military, the majority of Israel's workforce is naturally entrepreneurial and highly technological. According to projections, Israel's Economy would reach 611.8 billion US dollars by 2022 from the 501.4 billion US dollars it had in 2022.
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lewis two-sector model marginal product of labor equal to the
True. In the Lewis model, the supply curve of labour to the industry is indeed horizontal when there is a surplus of labour in agriculture.
This means that the quantity of labour supplied to the industrial sector remains constant regardless of changes in wages. The horizontal supply curve indicates that there is an abundant supply of labour available from the agricultural sector, which can be absorbed by the industrial sector without affecting the wage rate. This condition persists as long as the marginal product of labour in agriculture is lower than the marginal product of labour in industry. The marginal product of labour refers to the additional output produced by an additional unit of labour. If the marginal product of labour in industry is higher than in agriculture, it implies that workers can be more productive and contribute more to output in the industrial sector. As a result, there is a greater demand for labour in industry, leading to a surplus of labour in agriculture and a horizontal supply curve for labour in the industrial sector.
Overall, the horizontal supply curve of labour in the Lewis model reflects the availability of surplus labour in agriculture and the potential for labour to be absorbed by the industrial sector as long as the marginal productivity differential between the two sectors exists.
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The supply curve of labour to the industry in the Lewis model is horizontal if there is surplus labour in agriculture. This condition persists as long as the marginal product of labour in agriculture is less than the marginal product of labour in industry. True or false
A businesswoman logs time in an airliner and a rental car to
reach her destination. The total trip is 1, 100m , the plane
averaging 600mi / h and the car 50mi / h . How long is spent in the
automobile
The businesswoman spends 12 hours in the automobile.
To determine the time spent in the automobile, we need to find the difference between the total trip time and the time spent in the airliner. The total trip distance is 1,100 miles, and the airplane travels at an average speed of 600 miles per hour. Therefore, the time spent in the airliner can be calculated as 1,100 miles divided by 600 miles per hour, which is approximately 1.83 hours.
Next, we subtract the time spent in the airliner from the total trip time. The total trip time is given in hours, so we have 1.83 hours subtracted from the total trip time. This gives us approximately 12 hours spent in the automobile.
Therefore, the businesswoman spends approximately 12 hours in the automobile for her trip.
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Paul's Programming Services paid $100 dividends. Show how to use T-accounts to record this transaction by selecting the correct answer below. Multiple choice question. Credit Cash; debit Common stock. Debit Dividends; credit Cash. Debit Cash; credit Dividends expense. Credit Cash; debit Retained earnings.
Answer:debit dividends; credit cash
Explanation:
In T-accounts, the transaction is recorded as debit Dividends; credit Cash. Option (b) is correct.
What are T accounts?A collection of financial records that employ double-entry accounting are referred to informally as T-accounts. Because of the way the bookkeeping entries are organized, the account is known as a T-account.
A corporation's payout of profits to its shareholders is known as a dividend. A corporation that experiences a profit or surplus is able to distribute a portion of that profit to its shareholders in the form of a dividend. Any remaining funds are seized and reinvested in the company (called retained earnings). A corporation is typically not allowed to pay a dividend out of its capital. therefore, both the current year's profit and the retained earnings from prior years are eligible for distribution.
Therefore, Option (b) is correct.
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Converse, Hollister and more have been accused of using child labor so they can
increase profit. It's more expensive to produce items in North America or other
developed countries than elsewhere because they have higher minimum wages. For
example, instead of paying $10 to someone making clothes in Canada per hour,
companies can pay workers 10 cents (Canadian money) each week in India. It's easy
to replace workers if they like, it's also dependable because workers in India are
forced to work and they'd be abused if they refuse or disobey their orders. What is
this?
A. Trade Deficit
B. Sweatshop
C. Countertrade
D. Strategic Alliance
Answer:
B. Sweatshop
Explanation:
let me know if I'm wrong
Calculate the pay for the following day of a weekly time card given a wage of $15/hr
Answer: $132
Explanation:
Which of the following terms best describe a grower of potatoes
A. Manufacturer
B. Wholesaler
C. Distribution center
D. Retailer
Answer:
A
Explanation:
Definition of a manufacturer: a person or company that makes goods for sale.
A grower of potatoes is best described as Manufacturer. Thus the correct option is A.
What is the manufacturer?A manufacturer is referring as the first person in the distribution channel who performs the work related to the production and assembly of goods in industries or factories and is sent to different agents.
A Wholesaler is referred to as the second individual in the Distribution system who purchases the commodities in bulk and sends them to retailers or small bsuiness men. This bulk purchasing helps to save teh costs.
Retailers are business entities that have a direct contract with the customers and who purchase goods from wholesalers in small quantities and sell to the ultimate customer. They receive direct feedback on products
Therefore, option A is appropriate.
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top quality investments will pay you $2,000 a year for 25 years in exchange for $19,000 today. what interest rate are you earning on this annuity?
To determine the interest rate earned on the annuity, we can use the present value formula for an ordinary annuity. The formula is: PV = PMT * (1 - (1 + r)^(-n)) / r
Where: PV = Present value (amount paid today) PMT = Payment amount per period ($2,000 per year) r = Interest rate per period (unknown) n = Number of periods (25 years) Given that the present value (PV) is $19,000 and the payment amount per period (PMT) is $2,000, we can plug these values into the formula and solve for the interest rate (r). $19,000 = $2,000 * (1 - (1 + r)^(-25)) / r To find the interest rate, we can solve this equation using trial and error or by using financial calculators or software. The calculated interest rate will be approximately 4.77%. Therefore, the interest rate earned on this annuity is approximately 4.77%.
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The product of 59,736 and 600 is
A) 29,868,000
B) 34,761,600
C) 35,625,600
D) 35,841,600
Answer:
D) 35,841,600Explanation:
I Hope That's Correct ✓ :)
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
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Please help me♀️♀️
Answer:
a specific purpose
Explanation:
this is because ;for example you are asking this question with a purpose (to get the answer)
When an individual product has a defect making it more dangerous than identical products, that individual product is said to have which of the following defects?
A product is considered to have manufacturing faults when it has a flaw that makes it more hazardous than other items of the same type. Option E is Correct.
Plaintiffs have a legal right to pursue a claim under the theory of product responsibility if they come across a faulty consumer good. Although strict liability is sometimes linked with this theory, negligence can also apply to it, making defendants accountable regardless of their knowledge or purpose.
According to the strict liability rule, a seller, distributor, or producer of a faulty product is accountable for the damage of a third party, regardless of what steps they may have taken to prevent the defect from occurring. Option E is Correct.
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Correct Question:
When an individual product has a defect making it more dangerous than identical products, that individual product is said to have which of the following defects?
A. Design.
B. Warning.
C. Primary.
D. Exclusionary.
E. Manufacturing.
Corey, the chief financial officer of Maurectric Inc., an electronics company, is also an investor in the stockmarket. As the shareholder of various other companies, he attends the Annual General Meetings of thosecompanies. This helps him study the financials and financial strategies followed by other companies in the sameindustry. In the context of managerial roles, which of the following roles does Corey illustrate in this scenario?
a. The leader role
b. The liaison role
c. The disseminator role
d. The figurehead role
Answer:
The liaison role
Explanation:
From the question we are informed about Corey, the chief financial officer of Maurectric Inc., who is an electronics company, is also an investor in the stockmarket. As the shareholder of various other companies, he attends the Annual General Meetings of thosecompanies. This helps him study the financials and financial strategies followed by other companies in the sameindustry. In the context of managerial roles,in this case, the roles does Corey illustrate in this scenario is
liaison role.
A liaison role can be regarded as role that is been played by person for liaison in between two firms or two particular organizations so that he/she can communicate as well as coordinating their activities through his/her service as as an official go-between carrying out this role to senior officials of both organizations.. liaison officer should always attends the organization key meetings.
In a paragraph response below, describe how the structure and organization of this text affected the listening/reading experience. How did it enhance the message behind the speech?
Text structure gives a text meaning since writers must arrange their work differently based on the type of information they're trying to convey. By comprehending and making use of the text structure while reading, readers can learn important facts and, as a result, the book's overall goal.
What is text structure?Text structures explain the organization of information in writers' texts. By comprehending the fundamental structure of texts, students may focus on key concepts and relationships, make predictions about what will occur next, and keep a record of their knowledge as they read.
A few examples of text structures are sequential, narrative, time, compare/contrast, proposition/support, problem/solution, order/chronology, cause/effect, inductive/deductive, and research.
The structure of academic writing must be sound. Academic writing requires a clear framework and logical flow in order to be coherent.
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Which of the following was not one of Reagan's four major policy objectives during his presidency?
A.reduce government regulation
B. reduce federal income tax and capital gains
C.reduce growth of government spending
D.reduce the rising taxes for middle-class citizens
E.reduce inflation by controlling growth of the money supply to reduce inflation
Answer: D.reduce the rising taxes for middle-class citizens
Explanation:
During the tenure of President Ronald Reegan when he was the president of the United States,he promoted some economic policies which were often referred to as Reaganomics.
These policies include:
A.reduce government regulation
B. reduce federal income tax and capital gains
C.reduce growth of government spending
E.reduce inflation by controlling growth of the money supply to reduce inflation
It should be noted that option D "reduce the rising taxes for middle-class citizens" isn't among the policies put forward by Reegan.
According to the video, which qualities do Police Patrol Officers need? Select all that apply.
creativity
physical fitness
independence
patience
a loud voice
a gun license
Answer:
Please can you post the video
Answer:
b-physical fitness d-patience f-a gun license
Explanation:
hope this helps
Is the consumption equivalent index a more advanced measure of
well-being than the human development index?
Human development index is a more advantageous because it takes a multidimensional approach and captures a more comprehensive view of human development.
Thus, different metrics of wellbeing that focus on different facets include the Human Development Index (HDI) and the Consumption Equivalent Index (CEI). The CEI assesses the consumption levels required to reach a particular standard of life with an emphasis on material well-being.
The HDI, on the other hand, takes a wider variety of variables into account, such as income, life expectancy, and education. The HDI gives a more holistic perspective by adding social and human development components, whereas the CEI offers insights into material conditions.
Both indices have useful functions, but the HDI is a more sophisticated gauge of wellbeing because it takes a multidimensional approach and captures a more comprehensive view of human development.
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There are only benefits of branding. No drawbacks exist.
true
false
Answer: false
Explanation:
Answer:
false
Explanation
Mr. alvarez studied the soap products on the store shelf. he looked for products with a familiar logo. this is an example of which of the following? choose the answer.
corporate image
target marketing
marketing
brand image
Answer:
brand image
Explanation:
Answer: Brand Image
Explanation:
I took the test
When an advertising campaign for a new product is first launched, which type of advertising would be most helpful in building awareness?.
Answer:
Informative.
Explanation:
Mason Transport Company divides its operations into four divisions. A recent income statement for its West Division follows. MASON TRANSPORT COMPANY West Division Income Statement for the Year 2015 Revenue $ 250,000 Salaries for drivers (175,000 ) Fuel expenses (25,000 ) Insurance (35,000 ) Division-level facility-sustaining costs (20,000 ) Companywide facility-sustaining costs (65,000 ) Net loss $ (70,000 ) Required a-1. By how much would companywide income increase or decrease if West Division is eliminated?
Answer:
a-1 $5,000 Increase
a-2 YES
b $15,000 Increase
Explanation:
a-1 Calculation for how much would companywide income increase or decrease if West Division is eliminated
Using this formula
Income =Net loss - Company-wide facility sustaining costs
Let plug in the formula
Income =$70,000-$65,000
Income =$5,000 Increase
Therefore how much would companywide income increase if West Division is eliminated is $5,000
a-2 YES West Division should be eliminated based on the above calculation reason been that the net income will increase by the amount of $5,000
b. Calculation to Determine the amount of the increase or decrease that would occur in companywide net income.
Net income =($ 270,000-$250,000)-$5,000
Net income=$20,000-$5,000
Net income=$15,000 Increase
Based on the above calculation the net income would increase by the amount of $15,000
Therefore the amount of the increase that would occur in companywide net income is $15,000