Exhibit 22-8 Above shows how output changes as the only one variable input, labor, changes. At what unit of labor does diminishing marginal returns set in?

Answer:

6.39%

Explanation:

The cost of the machine is $600,000

The net income is $23,000

The management predict a that it has a 10 years service life

The salvage value is $120,000

The first step is to calculate the average investment

Average investment= (Cost of machine+Salvage value)/2

= $600,000+$120,000/2

= $720,000/2

= $360,000

Therefore, the accounting rate of return can be calculated as follows

= Annual net income/Average investment

= $23,000/$360,000

= 0.0639×100

= 6.39%

Hence the accounting rate of return is 6.39%

Answer:

Occurs when a company issues bonds with a contract rate less than the market rate.

Explanation:

As we know that

The premium on bond payable arise when the company issued the amount more than the face value amount this result in high interest rate as compared with the market interest rate

While on the other hand, the discount on note payable arise when the issued amount is less than the face value that results in low interest rate as compared with the market interest rate

Hence, the first option is correct

Answer: the variety of outputs

Explanation:

Process focus is a startegy on low volume, high variety. Mass customization is the ability of a company to mass produce products efficiently in order to meet the wants and needs of the customers.

One of the similarities between product focus and mass-customization is the variety of product.

Answer:

Predetermined manufacturing overhead rate= $28.88 per direct labor hour

Explanation:

Giving the following information:

Labor-related DLHs $335,018 11,600

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

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

Predetermined manufacturing overhead rate=  335,018/11,600

Predetermined manufacturing overhead rate= $28.88 per direct labor hour

The activity rate for the Labor-Related activity cost pool  is option A. a. $28.88 per DLH

We know that

Activity Rate for Labor - Related Activity Cost Pool = Estimated Cost / Expected Activity

= $ 335,018 / 11,600 DLHs

= $ 28.88 per DLH

Hence the option a is correct.

And, the rest of the options are wrong.

learn more about rate here: https://brainly.com/question/24347131

Answer: C. The security risks associated with combining USB drives and cell phones on a network

D. The risks associated with the large capacity of USB drives and their concealable nature

Explanation:

Based on the scenario that has been discussed in the question, the security administrator will instructs the marketing staff not to supply the USB pens based on the security risks that are associated with combining USB drives and cell phones on a network.

Another reason is due to the risks that are associated with the large capacity of USB drives and their concealable nature.

Since the client has been victimized by social engineering attacks that led to a loss of sensitive data in the past, they'll be extra careful this time around.

This question is impossible and implausible

Who is Emilio? How do we know he'll be around in 10 years? IS he good for the money, or is it counterfeit? Are we adjusting for inflation? The dollar is worth more in Malaysia than the U.S., so where are we starting and where are we ending? There's just not enough data here.

Answer:

$527,000

Explanation:

Preparation of a CVP income statement for the quarter ended March 31, 2017.

Russell Inc.income statement for the quarter ended March 31, 2017.

Sales $2,300,000

VARIABLE EXPENSES

Cost of goods sold $940,000

Selling expenses 74,000

Administrative expenses 96,000

Total Variable Expenses 1,110,000

Contribution Margin 1,190,000

($2,300,000-$1,110,000)

FIXED EXPENSES

Cost of goods sold $464,000

Selling expenses 54,000

Administrative expenses 145,000

Total Fixed Expenses 663,000

Net Income/(Loss) $527,000

(1,190,000-663,000)

Answer:

$24,000 ordinary income

$1,600 interest income

$20,000 guaranteed payment.

Explanation:

Calculation for what how much income will Percy report for the year and what is its character

Calculation for Percy Ordinary income: 120,000 - 40,000 - 20,000

= 60,000 x 40%

= 24,000.

Calculation for Percy Interest income:

4,000 x 40%

= 1,600

Guaranteed Payment: 20,000

Therefore what Percy will report will be: $24,000 ordinary income

$1,600 interest income

$20,000 guaranteed payment.

Answer: b. We should expect less inflation but more unemployment

Explanation:

A high supply of money leads to higher inflation. This is because the citizens will have more money to spend on goods and services and so will demand more of them. As a result, the increased demand pulls prices upward. Reducing the money supply therefore will have the effect of reducing the amount of money that people have on hand. This will reduce their demand for goods and services which will then see their prices decrease as a result.

High money supply in the market however means that loans are easier to get because there is more money to give. This means that companies can embark on more projects. With a lower money supply, companies as well as individuals will reduce their borrowing. This will mean less capital projects which create employment. Lowering the money supply will therefore lead to higher unemployment.

Answer:

31.42%

Explanation:

The computation of the estimate of the percentage reduction in present overhead costs per month is shown below:-

n = log s ÷ log2

= log 0.90 ÷ log 2

= -0.152

Now we will use the learning curve equation  which is here below:

Z30 = 1.15X × 30^(-0.152)

= 0.685765148

So, the cost is reduced by

= 1 - 0.685765148

= 0.314234852

or

= 31.42%

Answer and Explanation:

The Preparation a Statement of Net Position for Perry County State University as of June 30, 2018 is shown below:-

                               Perry County University

                              Statement of Net position

                             For the year June 30, 2018

Particulars                                                    Amount

Assets

Current assets

Cash and Cash equivalents

Short-term investment                                  $75,000

Account receivable                                       $430,000

Net inventories                                              $630,000

Total current assets                                      $1,925,000

Non current assets

Restricted Cash and cash equivalents       $100,000

Long term investments                                 $1,700,000

Endowment investment                              $3,000,000

Capital assets                                               $6,200,000

Total non current assets                              $11,000,000

Total assets                                                  $12,925,000

Liabilities

Current liabilities

Accounts payable                                        $310,000

Deferred revenue                                         $95,000

General obligation bonds payable-

Current position                                            $390,000

Answer:

Choose the product

Select its attributes that are potentially important for the customers

Choose the value for each attribute

Choose the form in which the combination of these attributes is presented.

Explanation:

Conjoint analysis is a survey based on statistical techniques for market research. In this analysis assumptions of a product or service is broken into various attributes. Conjoint analysis aims to find value that consumer places for each attribute of the tablet before they will make a decision to purchase it. Conjoint analysis is a quantitative technique which is used for research purpose.

Answer:

Stock Price is $54.50

Cash Dividend per share $1.50

Dividend Yield 2.75%

Dividend payout ratio 27.46%

Days Sales in Receivable 38 days

Debt Ratio 68.29%

Debt/equity ratio 1.57

Interest earned ratio 3.16 times

Explanation:

1. Market price = Price to earning ratio * Earning per share

Earnings per share = Net Income / Average number of shares outstanding

Earnings per share : 233 / 42.7 = 5.45

Market price per share : 10 * 5.45 = 54.50

2. Dividend per share : Dividend paid / number of shares outstanding

DPS : 64 / 42.7 = 1.50

3. Dividend Yield : Dividend per share / Stock Price share

Dividend Yield : 1.50 / 54.50

4. Dividend Payout ratio : Total Dividend paid / Net Income

Dividend Payout ratio : 64 / 233 = 27.46%

5. Day Receivale : (Average Receivable / Sales ) * 365

Days Receivables : 322/ 3064 * 365 = 38 days

6. Debt Ratio : Total Liabilities / Total Assets

Debt ratio : 2194 / 3215 = 68.29%

7. Debt/ equity ratio : Debt / Equity

Debt/Equity : 1603 / 1021 = 1.57

8. Interest Earned Ratio : Earning before Interest and Tax / Interest Expense

Interest Earned Ratio : 310 / 98 = 3.16 times

Answer: $143,000

Explanation:

Before-tax loss on Discontinued Operations for the year ended January 31, 2019;

= Operating loss + Impairment of division assets

= $128,000 + $15,000

= $143,000

This loss will be recorded in the Income statement of Rocket Retailers separately from Continuing Operations and as it is a loss, it will most probably incur a future tax benefit. It will however reflect in the overall income of Rocket Retailers.

Answer:

The amount of depreciation at the end of the first year = $21027.77

Explanation:

Given machine cost = $310000

The life of machine = 6 years

Salvage  value = $7200

Now find the total depreciation by subtracting the salvage value from the cost of the machine.

Depreciation = Machine cost – salvage value

= 310000 – 7200

= 302800

Total depreciation of 6 years = $302800

Annual depreciation = 302800 / 6 = 50466.66

Since in the first year the machine is used from 1st August to 31st December. So, depreciation = 50466.66 *(5/12) = 21027.77

Answer:

Inappropriate budgeting and control system

Explanation:

If there is no proper budgeting with respect to the revenues, expenses and also if there is no proper control than the implementation of the vision and strategies would become difficult due to which organization is not able to accomplish its goals and objective within a prescribed time

There should be proper structure of work by considering the budgeting and control system as if any organization would ignore this then they would lead to suffered high losses

Therefore as per the given scenario, the third option is correct

Answer:

inappropriate budgeting and control systems is the correct answer.

Explanation:

Answer:

Dr cash                           $3783

Dr factoring fee expense  $177

Cr accounts receivable               $3900

Explanation:

The cash proceeds from the factoring arrangement would be 97% of the value of the receivables since 3% is the factoring fees expenses to be incurred.

Cash proceeds=$3900*97%=$ 3,783.00  

Factoring fees expense=$3,900.00-$3,783.00=$117

Cash account and factoring fees expense would be debited with $3783 and $117 respectively, while accounts receivable is credited with $3900

Answer:

A. increases if the expected inflation rate increases.

Explanation:

if it is expected that inflation would increase, consumers would want to buy goods at a cheaper rate, thus, they would increase demand now and a result aggregate demand would rise.

for example, if the price of bread is $10 dollars now and it is expected that price would increase to $12 next month. the demand for bread would increase now

Answer:

Division G should be charged $6,000

Explanation:

cost per purchase requisition = $42,000 / 3,500 = $12 per purchase requisition

Division G initiated 500 purchases, so it should be charged 500 x $12 = $6,000

Division L initiated 700 purchases, so it should be charged 700 x $12 = $8,400

The other departments should be charged the remaining amount = $42,000 - ($6,000 + $8,400) = $27,600

Answer:

The correct answer is the first option: True.

Explanation:

To begin with, the term of "Incremental Costs" is understood as the costs that are added to the total manufactured costs during the production when the company decides to produce one more unit and that action will cause that the whole costs increase a bit more and the complete sum of all the new costs that were aggregate due to that decision make are called incremental costs because as they name indicates, they increment the costs of production of the goods.

Answer:

multiple hurdle

Explanation:

The term is described in the question is known as a multiple hurdle model. In this specific approach, the individual applying needs to pass each step in the selection process in order to continue to the next one. Failure at any of the steps results in an automatic disqualification of the applicant from further consideration. Each step needs to be passed by meeting the minimum score that has been pre-set before starting the step.

Answer:

Income will decrease by $2,000,000.

Explanation:

Giving the following information:

Advertising increase= $50,000,000

Units increase= 10,000 units

Unit contribution margin= $4,800

To calculate the total effect on income, we need to use the following formula:

Effect on income= total contribution margin - increase in fixed costs

Effect on income= 10,000*4,800 - 50,000,000

Effect on income= $2,000,000 decrease

Income will decrease by $2,000,000.

Answer:

$59,000

Explanation:

We will first determine the variable cost per unit

= $24,000/300

= $80

Contribution margin percentage =

$280 - ($80 - $1.10)/$280

= 0.72

= 72%

New break even point = $18,000/72%

= 25,000

Old break even point =

($280 - $80)/280

= 0.71

= 71%

= $18,000/71%

= $25,352

Margin of safety = $84,000 - $25,000

= $59,000

Answer:

There is no need for the monopolists to have the fear for entry

Explanation:

So, this particular problem or question is what is the part of economics known as the microeconomics. So, let us take the definitions of some important terms in the question which is going to assist us in solving this particular problem or question.

=> MONOPOLISTIC COMPETITOR: the term monopolistic competitor will also mean to say imperfect competitor. That is to say the kind of competition in which sellers or competitors compete in order for them to get some kind of advantage over the prices of goods and services in the market. The demand curve thus now has a download slope.

=> MONOPOLIST: Monopolists have advantage over the price of products or services in the market.

Answer:

Explanation:

The interest earned would be calculated at the end of every day on the cash balance that the company holds in the interest-bearing bank account.

The cash balance would be adjusted to reflect realistic assumptions were made because unrealistic assumptions makes the forecasting unreasonable and meaningless. The first step is to take the previous month end average cash balance and add in it the current month average balance. This will give us the current month cash balance that will be based on realistic assumptions. Use the excel sheets to take affects of estimated cash and other factors that will change due to the change in the cash balances. Excel will take account of all the factors adjusted in the forecasting sheet and adjust these factor's effects within seconds.

Answer:

Income tax payable, January 1      $ 13,600

Income tax expense                        58,000

Total amount due                            71,600

Income tax payable, December 31  16,200

Cash Paid                                     $ 55,400

Explanation:

The Income tax payable on January 1 is added to the income tax expense for the year to obtain the amount that is due for payment this year, and then the December 31 Income tax payable is deducted to get the cash paid during the year.  This arrangement can be reversed in its proper and normal order thus:

Income tax payable, January 1      $ 13,600

Income tax expense                        58,000

Total amount due                            71,600

Cash Paid                                         55,400

Income tax payable, December 31  16,200

Answer:

Budgeted functional income statement for 2015

Gross sales ($2,000,000  × 1.04 × 1.06)                                       $2,204,800

Less: Estimated uncollectible accounts ($2,204,800 × 2 %)         ($44,096)

Net sales                                                                                        $2,160,704

Cost of goods sold (1,100,000 × 1.03)                                          ($1,133,000)

Gross profit                                                                                     $1,027,704

Operating expenses (475,000 × 1.10)                                            ($522,500)

Depreciation                                                                                     ($25,000)

Net income                                                                                       $480,204

Explanation:

Make the adjustments stated on the 2014 Income Statement.

For Operating Expenses, it is wise to first remove the depreciation expense and apply the increment of 10% to reflect Operating Costs for 2015.

Treat Depreciation Expense separately and at the same amount as for 2014, since depreciation is calculated on straight line method.

Answer:

Unemployment rate= 0.13= 13%

Explanation:

Giving the following information:

Of these 95 individuals, 75 are in the labor force and 65 are employed.

To calculate the unemployment rate, we need to use the following formula:

Unemployment rate= unmeployed population / labor force

Unemployment rate= 10/75

Unemployment rate= 0.13