‘’Organizations must continually improve its logistics in order to remain competitive.’’ Critically analyse this statement

Of the following options, managing and implementing the data collection process is NOT one of the functions of marketing research..

Managing and implementing the data collection process is not considered one of the functions of marketing research. Marketing research primarily focuses on specifying the information required to address marketing issues, designing methods for collecting information, applying research results to the marketing mix and communicating the findings and their implications.

However, the management and implementation of the data collection process typically fall under the responsibilities of data analysts, project managers, or other professionals involved in the research process. Their role is to ensure the smooth execution of data collection activities.

Read more about marketing research

brainly.com/question/24906199

#SPJ4

"Manages and implements the data collection process" is an option that is NOT one of the functions of marketing research.

To determine which option is NOT one of the functions of marketing research, let's analyze each option step by step:

Specifies the information required to address marketing issues: This function involves identifying the specific information needed to address marketing problems or questions. Marketing research helps define the research objectives and the type of data required.

Designs methods for collecting information: This function involves developing a research plan and designing appropriate methods and tools for collecting data. It includes decisions regarding the research approach, data collection methods (such as surveys, interviews, and observations), and sampling techniques.

Applies research results to the marketing mix: This function involves analyzing and interpreting the research findings and applying them to the marketing mix. It helps in making informed decisions about product development, pricing, promotion, and distribution strategies.

Communicates the findings and their implications: This function involves effectively presenting the research findings to stakeholders. It includes preparing reports, and visual presentations, and summarizing the results in a meaningful way to aid decision-making.

Manages and implements the data collection process: This function involves managing and overseeing the data collection process, including coordinating fieldwork, monitoring data quality, and ensuring compliance with ethical guidelines.

Considering the options, "Manages and implements the data collection process" is NOT one of the functions of marketing research. While it is an essential aspect of conducting research, it is more related to the operational aspects of data collection rather than a core function of marketing research itself.

Learn more about functions of marketing from the given link-

https://brainly.com/question/28362354

#SPJ11

The standard deviation of the data is approximately 237847.92.

First, we find the mean:

(843652 + 976439 + 359566 + 530281 + 313219 + 612944 + 457015 + 676689 + 732911 + 721046 + 130001 + 859217 + 404307) / 13

= 580674.62 (approximately)

Then, we subtract this mean from each data point, square the result, and then take the mean of these squares:

[tex][((843652 - 580674.62)^2 + (976439 - 580674.62)^2 + (359566 - 580674.62)^2 + (530281 - 580674.62)^2 + (313219 - 580674.62)^2 + (612944 - 580674.62)^2 + (457015 - 580674.62)^2 + (676689 - 580674.62)^2 + (732911 - 580674.62)^2 + (721046 - 580674.62)^2 + (130001 - 580674.62)^2 + (859217 - 580674.62)^2 + (404307 - 580674.62)^2) / 13] \\\\=56573283128.29[/tex]

√(56573283128.29) = 237847.92 (approximately)

So the standard deviation of the data is approximately 237847.92.

Read more on standard deviation here https://brainly.com/question/475676

#SPJ4

Forecast value refers to the estimates of future cash inflows or outflows over a set period of time. Forecasting assists in the evaluation of future operations, helps management in decision-making, and aids in the control of financial activities.

Forecasting is critical to maintaining the long-term success of an organization by identifying trends, assessing data, and planning future actions.Four (4) examples of accounting information from the financial statements that could be used to forecast the performance of the selected company are:

1. Revenue:The revenue is the total amount of money earned during the year. It is a financial statement that reflects the business' income and provides a summary of how the business has performed in the past. Revenue forecasting is critical for any company because it helps managers to estimate how much money the company will earn in the future.

2. Gross profit: Gross profit is the difference between revenue and the cost of goods sold. It represents the amount of money that the company has made after accounting for direct costs. Gross profit forecasts are essential because they allow managers to predict the company's profitability in the future.

3. Accounts receivable: Accounts receivable are the amounts owed to the company by its customers. Accounts receivable forecasting is crucial because it helps managers to estimate how much money the company will receive from its customers in the future.

4. Accounts payable: Accounts payable are the amounts owed by the company to its suppliers. Accounts payable forecasting is critical because it helps managers to estimate how much money the company will owe to its suppliers in the future.

Know more about the Forecast value

https://brainly.com/question/19578952

#SPJ11

The opportunity set for Nigiri and Tacos is a straight line connecting the points (0,10) and (10,0) on a graph, representing the different combinations of Nigiri and Tacos that Eduardo can afford with his $10 budget.

To draw Eduardo's opportunity set for Nigiri and Tacos, we can create a graph with Tacos on the x-axis and Nigiri on the y-axis. The points on the graph represent the combinations of Tacos and Nigiri that Eduardo can afford with his $10 budget.

Since Tacos and Nigiri both cost $1 each, Eduardo can buy any combination of Tacos and Nigiri as long as the total cost does not exceed $10. This means that he can choose to buy any number of Tacos between 0 and 10, and the remaining amount can be spent on Nigiri.

To plot the opportunity set, we start at point (0,10) representing the scenario where Eduardo buys only Nigiri and no Tacos. Then, we move along the line towards the right, reducing the amount spent on Nigiri and increasing the amount spent on Tacos. The line ends at point (10,0), representing the scenario where Eduardo buys only Tacos and no Nigiri.

The line connecting these two points represents Eduardo's opportunity set, showing all the combinations of Nigiri and Tacos he can afford with his $10 budget.

To learn more about opportunity set, here

https://brainly.com/question/14664927

#SPJ4

WeWork, a prominent company known for providing flexible shared workspace solutions, primarily operated in the following industries:

d. Real estate, e. Technology

WeWork's core business model revolved around providing office space and coworking environments to individuals, startups, and large enterprises. This placed the company squarely within the real estate industry. WeWork leased or owned office buildings and then subleased them to companies and individuals, offering various amenities and services to create a collaborative and productive workspace environment.

Additionally, WeWork heavily relied on technology to manage its operations, facilitate bookings, and enhance the overall user experience. The company developed a digital platform and mobile application that allowed users to find, book, and manage workspace solutions. This technology-driven approach and the utilization of digital tools aligned WeWork with the technology industry as well.

WeWork operated primarily in the real estate industry by providing shared office spaces and related services. However, the company's operations were significantly influenced by technology, which played a crucial role in its business model and customer experience. By leveraging technology, WeWork aimed to streamline the process of finding and managing flexible workspace solutions. Thus, while WeWork primarily identified as a real estate company, its reliance on technology allowed it to intersect with the technology industry as well.

To know more about Real Estate, visit

https://brainly.com/question/1534216

#SPJ11

Open spreadsheet Assuming the market is in Connected equilibrium Given,Dividend at the end of year = $1.75 per Shareholders current market price = $37.00 per share Beta of the Justus Corporation's stock = 0.9Risk-free rate = 5.1%.

Market risk premium = 4.0%Constant rate of growth in dividend = 9%For calculation of stock price at the end of 3 years, we have to use the Gordon Growth Model formula as follows:P3 = D4 /(Ks-g)Where,P3 is the stock price at the end of 3 years.

D4 is the dividend expected to be paid at the end of year 4Ks is the required rate of return for equity investor in the market is the constant growth rate of Dividend Using the given values, we Getting

= D3(1+g)

= $1.75(1+9%) =$1.9075Ks

= Rf + β × Market risk premium

= 5.1% + 0.9(4.0%)

= 8.7%Now, we can calculate P3 as:P3

= D4 /(Ks-g)P3 = $1.9075/(8.7%-9%)

= $1.9075/(-0.3%)P3

= $63.58The market believes that the stock price will be $63.58 at the end of 3 years. Therefore, option (2) is the correct choice.

To know more about Connected visit:

https://brainly.com/question/33223091

#SPJ11

The stock price of Ferrell Inc. one year from now is $38.32.

Ferreli Inc. recently reported net income of $8 million.

It has 560,000 shares of common stock, which currently trades at $29 a share.

Ferrell continues to expand and anticipates that 1 year from now, its net income will be $13.2 million.

It anticipates issuing an additional 140,000 shares of stock so that 1 year from now it will have 700,000 shares of common stock.

Assumption: Ferreli's price/earning ratio remains at its current level.

In order to determine Ferreli's stock price one year from now, we need to calculate the future earnings of the company in one year by using the given information. So, we have:

Ferreli's future earnings = $13.2 million

The company's earnings per share (EPS) is calculated as follows:

EPS = (Net income - Preferred dividends) / Number of common shares

EPS = ($8,000,000 - 0) / 560,000EPS = $14.29

Ferreli's price-to-earnings ratio (P/E) = Current market price per share / Earnings per share

P/E ratio = $29 / $14.29 = 2.03

Let's calculate Ferrell's future market price of a share:

Market price per share (P) = future earnings (E1) × P/E ratio

P = $13.2 million × 2.03P = $26,826,000

The new number of common shares after issuing the additional shares will be 700,000 shares.

So, Ferrell's future market price per share will be:

Future market price per share = Future market capitalization / Number of common shares

Ferreli's future market capitalization = $26,826,000

Market price per share = $26,826,000 / 700,000

Market price per share = $38.32 (rounded to the nearest cent)

To learn more about stock, visit:

https://brainly.com/question/32402454

#SPJ11

As an AI language model, I don't have personal experience or decision-making skills to answer the question. In computing, throughput refers to the number of transactions or data units that a system or device can handle within a given time frame. It is a measure of the system's processing capacity and efficiency.

Decision-making, on the other hand, refers to the process of selecting the best course of action or choice among several options or alternatives. It involves identifying the problem, gathering information, analyzing data, evaluating options, and selecting the best solution based on the available resources and constraints. These include:

1. Lean management: a systematic approach to identifying and eliminating waste in all forms of business processes. This strategy aims to improve efficiency, reduce costs, and increase customer satisfaction.

2. Agile methodology: a flexible and iterative approach to software development that emphasizes collaboration, customer feedback, and continuous improvement.

3. Six Sigma: a data-driven approach to quality management that aims to reduce defects and errors in business processes.

4. Theory of Constraints: a management philosophy that focuses on identifying and removing bottlenecks or constraints in business processes.

In conclusion, optimizing throughput requires strategic decision-making, planning, and execution. There are several theories and strategies that organizations can use to improve their performance, but the choice depends on the specific needs, goals, and constraints of the organization.

To know more about transactions visit:

https://brainly.com/question/24730931

#SPJ11

Equity analysis is a process of evaluating the financial performance and value of a company's stock. AIS Thailand is a telecommunications company in Thailand. To conduct an equity analysis on AIS Thailand stocks, you would need to consider several factors.

First, analyze AIS Thailand's financial statements, such as its income statement, balance sheet, and cash flow statement. These statements provide insights into the company's revenue, expenses, assets, liabilities, and cash flow.

Next, assess AIS Thailand's market position and competitive advantage. Evaluate factors such as its market share, customer base, product/service offerings, and pricing strategy.

Additionally, consider AIS Thailand's management team and their track record. Look at their experience, expertise, and past performance in managing the company.

It's also essential to evaluate the industry and market trends that may impact AIS Thailand's future prospects. Consider factors such as technological advancements, regulatory changes, and customer preferences.

Finally, analyze AIS Thailand's valuation metrics, such as price-to-earnings ratio, price-to-sales ratio, and dividend yield, to assess whether the stock is undervalued or overvalued compared to its peers.

Remember, conducting a thorough equity analysis involves a comprehensive evaluation of the company's financials, market position, management, industry trends, and valuation metrics.

Learn more about Equity analysis:

brainly.com/question/32993967

#SPJ11

Gustav and Iris are eligible to deduct moving expenses on their California return in the amount of $856. They meet the necessary requirements set by the IRS, including the close relation of the move to Gustav's new job in California and satisfying the distance test by moving at least 50 miles farther from their old home to the new job location.

To qualify for the moving expense deduction, taxpayers must meet certain criteria established by the IRS. First, the move must be closely related to starting work at a new or changed job location. In Gustav and Iris's case, their move from Montana to California is directly connected to Gustav's new job.

The distance test is another requirement. It consists of two parts: the distance between the old home and the new job location must be at least 50 miles greater than the distance from the old home to the previous job location. Gustav and Iris's move meets this criterion since they relocated from Montana to California.

Additionally, taxpayers must work full time at the new job location for at least 39 weeks in the 12 months following the move, or be self-employed in the same area for the same period. As long as Gustav fulfills this condition, they can proceed with claiming the moving expense deduction.

Considering their qualified move and meeting all the requirements, Gustav and Iris are entitled to deduct their actual moving expenses on their California return. They incurred various expenses related to the move, including $495 for a rental truck, $98 for gas, $23 for packing materials, $220 for lodging, $20 for tolls, and $59 for meals. The total amount spent on the move adds up to $915.

Therefore, they can deduct the entire amount of $915 as moving expenses on their California return, resulting in a deduction of $856.

Know more about expenses:

brainly.com/question/29346752

#SPJ11

When estimating the equity market risk premium using historical data, the statement "the geometric average will always be less than the arithmetic mean" is False.

When estimating the cost of noncurrent debt, Kyle Brooks used the yield-to-maturity from a recent bond.

When estimating WACC, to calculate the relative weights of each capital component, Kyle Brooks used market values.

1. When estimating the equity market risk premium using historical data, the statement "the geometric average will always be less than the arithmetic mean" is false. The geometric average is a measure of compounded growth over a period, while the arithmetic mean represents the average return. The two measures can differ based on the distribution of returns. If returns are consistently positive, the geometric average can be higher than the arithmetic mean.

2. When estimating the cost of noncurrent debt, Kyle Brooks used the yield-to-maturity from a recent bond. The yield-to-maturity represents the total return an investor can expect to receive by holding the bond until maturity. It considers both the coupon payments and any capital gains or losses from buying the bond at a different price.

3. When estimating WACC (Weighted Average Cost of Capital), Kyle Brooks used market values to calculate the relative weights of each capital component. Market values reflect the current market prices and the perception of investors regarding the value of the capital components. This approach provides a more accurate representation of the actual financing costs for the company compared to using book values or intrinsic values, which may not reflect the current market conditions.

Learn more about risk premium here:-

https://brainly.com/question/29509167

#SPJ11

The Plan Quality Management process doesn't include Flowcharts. Here option B is the correct answer.

Quality Management is a collection of activities that ensure the project's objectives are met by measuring, monitoring, and correcting the processes and outputs of the project. Plan Quality Management is the method of defining the project's quality standards and ensuring that the project is executed to meet those standards.

Plan Quality Management, according to the PMBOK Guide, is a process that falls under the Project Quality Management knowledge area and comes under the Planning process group. This process is concerned with the project's quality policy, goals, and responsibilities for project implementation and the quality control measures used to maintain them. The

Plan Quality Management process doesn't include Flowcharts. The following are parts of the Plan Quality Management process: Develop Quality Management Plan - In this process, the Quality Management Plan is created, which includes the project's quality objectives and plans for how those objectives will be accomplished.

Quality Metrics - In this process, the quality metrics are identified to be used in evaluating project results. Quality Checklists - Quality checklists are created in this process to ensure that all necessary actions are completed to meet project quality objectives.

Quality Baseline - The quality baseline is established in this process, which serves as a point of reference for project performance measurement. The quality baseline is established by integrating the quality management plan with the scope, schedule, and cost baselines. Therefore option B is the correct answer.

To learn more about Plan Quality Management

https://brainly.com/question/31601305

#SPJ11

The ideal standard refers to the perfect standard, which is a benchmark for performance, and it is attained under ideal circumstances. They are not commonly used in practice because they are impractical to achieve. Ideal standards are used as a reference to the production departments when designing the product.

Standards serve as a basis for evaluating employee output.It aids in the detection of inefficiencies. When the actual performance of employees falls short of the standard, inefficiencies are revealed.Standards facilitate the training of new employees. They provide a basis for training new employees and ensuring that they reach an acceptable level of performance.

To learn more about ideal standards, visit here

https://brainly.com/question/32732416

#SPJ11

Facing ethical dilemmas is an inevitable part of working in the business world. It is crucial to prioritize honesty and integrity in such situations and make decisions based on personal ethical values. In this case, my recommendation is to report the problem and prioritize the customers' safety. The key is to always remember the importance of ethical conduct in any business setting. The response or solution to ethical dilemmas is critical because it has a significant impact on the stakeholders' lives.

An ethical dilemma is defined as a moral situation where one must make a decision between two options, both of which may have negative outcomes. I have faced an ethical dilemma in the past in the business world, where I had to decide between my loyalty to my employer and the truth.

To conclude, facing ethical dilemmas is an inevitable part of working in the business world. It is crucial to prioritize honesty and integrity in such situations and make decisions based on personal ethical values.

In this case, my recommendation is to report the problem and prioritize the customers' safety. The key is to always remember the importance of ethical conduct in any business setting. The response or solution to ethical dilemmas is critical because it has a significant impact on the stakeholders' lives.

Learn more About ethical dilemmas from the given link

https://brainly.com/question/3838938

#SPJ11

Firms experience evolutionary cycles in which there is a fit between strategy and structure, punctuated with periods in which strategy and structure are reshaped because organizations are not static; they change and develop over time to meet the challenges and demands of their environment.

Evolutionary cycles are part of this transformation process, which involves a series of gradual modifications in the organization's structures and strategies in response to environmental stimuli. In such evolutionary cycles, firms' strategies and structures are constantly adapted to meet their needs and the changing environment.

Furthermore, businesses go through periods of structural adaptation that correspond to the evolution of their strategies. The development of a new strategy will frequently necessitate a redesign of the company's structure to support it. Similarly, changes in organizational structure may necessitate adjustments to the company's overall strategy.

To summarize, firms experience evolutionary cycles because their environment is constantly changing. As a result, they must adapt their strategy and structure to remain competitive. These modifications occur in response to environmental stimuli, and the end product is a more effective organizational structure that is better suited to the new demands of the market.

Learn more about evolutionary cycles from the given link:

https://brainly.com/question/29574340

#SPJ11

Given data:

Average mileage of a carbon-fiber car = 46.8 miles per gallon

Average mileage of a conventional car = 36 miles per gallon

Total distance covered = 117,000 miles Gasoline cost = $3.20 per gallon

Interest rate = 17% per year

Let's calculate fuel consumption for both types of cars.

1. Fuel consumption of carbon-fiber car

Total fuel consumed by the carbon-fiber car = 117,000 / 46.8 = 2,500 gallons

Total cost of gasoline = $3.20 × 2,500 = $8,000

2. Fuel consumption of conventional car

Total fuel consumed by the conventional car = 117,000 / 36 = 3,250 gallons

Total cost of gasoline = $3.20 × 3,250 = $10,400Fuel savings over six years = $10,400 - $8,000 = $2,400

Now let's calculate the amount of extra sticker price that can be justified based on the fuel savings over a six-year life span.

Using the annuity formula:

PV = C × [(1 - (1 + r)^(-n)) / r]

where PV = present value (extra sticker price)C = annual cash flowr = interest raten = number of years

The total fuel savings over six years is $2,400.

Therefore, the annual cash flow is $400 ($2,400 ÷ 6).n = 6 (number of years) and r = 17% ÷ 12 (interest rate per month) = 1.417%

Using these values, we can calculate the present value (extra sticker price) of the carbon-fiber car:

PV = $400 × [(1 - (1 + 0.01417)^(-6)) / 0.01417]PV ≈ $1,881.28

Therefore, the extra sticker price that can be justified based on fuel savings over a six-year life span is approximately $1,881.28 (rounded to the nearest dollar).

To know more about Average visit :

https://brainly.com/question/24057012

#SPJ11

The marital deduction is a federal estate tax provision that enables a decedent to transfer an unlimited amount of property to their spouse without incurring any estate tax.

The marital deduction aims to ensure that a surviving spouse can continue to live in the lifestyle to which they are accustomed without being forced to sell assets to pay for estate taxes. Additionally, the marital deduction aims to avoid taxing the same property twice. When the surviving spouse dies, the property subject to the marital deduction becomes part of their taxable estate, and estate tax is assessed accordingly. Who is eligible for the marital deduction?The spouse of the decedent is the only person who can benefit from the marital deduction. They can only benefit if they are a citizen of the United States.

The marital deduction does not apply to non-citizen spouses since there is a risk that the property will be taken out of the United States and never be taxed. When the decedent transfers property to their non-citizen spouse, they use their lifetime exemption to do so. The surviving spouse will inherit whatever remains in the decedent's estate after their exemption is used.

To know more about marital deduction visit:

https://brainly.com/question/29060523

#SPJ11

Choose the Vickrey-Clarke-Groves mechanism for maximizing the overlap with the utilitarian policy in the (v1, v2)-space.

The two roommates want to buy an espresso machine for $100. They have valuations v1 and v2, respectively. They will use transfers t1 and t2 to share the cost. In order to choose a mechanism for the roommates, we need to maximize the area of (v1, v2)-space where the outcome of the mechanism matches the utilitarian policy.

To do this, we first need to understand the utilitarian policy. The utilitarian policy is the policy that maximizes the total utility of both roommates. In other words, the utilitarian policy is the policy that maximizes the sum of v1 and v2. We can graph this policy as a straight line with a slope of -1.

We need to consider different mechanisms. One possible mechanism is the split-the-difference mechanism, where the roommates each pay $50. This mechanism is represented by the line v1+v2=100. Another mechanism is the Vickrey-Clarke-Groves mechanism, where each roommate pays their own valuation minus the other roommate's valuation.

This mechanism is represented by the lines v1-v2=t2 and v2-v1=t1.To maximize the area of (v1, v2)-space where the outcome of the mechanism matches the utilitarian policy, we need to find the mechanism(s) that overlap the most with the utilitarian policy.

We can see from the graph below that the Vickrey-Clarke-Groves mechanism overlaps more with the utilitarian policy than the split-the-difference mechanism. Therefore, the Vickrey-Clarke-Groves mechanism is the mechanism that should be chosen.

To learn more about utilitarian policy

https://brainly.com/question/10781287

#SPJ11

Cold Goose Metal Works Inc. has 50 million shares outstanding, the correct is: Statement 4: Cold Goose Metal Works Inc. has a negative net income of $3 million for the year.

The cash flow statement, also known as the statement of cash flows, is a financial statement that displays a company's cash inflows and outflows over a certain period of time. It shows how cash enters and leaves the business as well as what it is being used for.

Operating activities include transactions that involve the company's core business, such as sales and purchases of goods and services. Investing activities include transactions that involve the purchase and sale of long-term assets, such as property, plant, and equipment.

Financing activities include transactions that involve borrowing, lending, and other forms of financing.

Cold Goose Metal Works Inc. Balance Sheet for Year Ending December 31 (Millions of Dollars)

Given the information presented in the balance sheet above and the fact that

The calculation for net income is as follows:

Net Income = Revenue – Cost of Goods Sold – Operating Expenses – Depreciation – Interest

Net Income = $120 – $95 – $30 – $12 – $6

Net Income = -$3 million

This means that Cold Goose Metal Works Inc. made a loss of $3 million during the year, which can be confirmed by the company's negative retained earnings balance.

Cold Goose Metal Works Inc. had a deficit of $15 million in retained earnings at the beginning of the year and ended the year with a deficit of $18 million in retained earnings.

Know more about the cash flow statement,

https://brainly.com/question/24179665

#SPJ11

As a rational decision maker, you should not buy the machines. Option D

As the CEO of Golden-Arch, I would have to be carefully assess the choice to introduce automatic food requesting machines.

To decide whether it could be a levelheaded choice, I would consider the costs and benefits related with the machines.

Each machine costs 200,000 NTD and raises extra income of 5,000 NTD per month for 5 a long time, coming about in add up to benefits of 200,000 NTD. In any case, the costs are 300,000 NTD per machine, coming about in a net esteem of -100,000 NTD per machine.

Given that the net esteem is negative, it would not be a judicious choice to purchase these machines.

Learn more about net values at: https://brainly.com/question/18848923

#SPJ4

As the CEO of Golden-Arch, let's analyze the situation to make a rational decision.

To calculate the net value of buying the automatic food ordering machines, we subtract the costs from the benefits. Given the information provided:

(A) Costs per machine: 300,000 NTD

(B) Benefits per machine: 200,000 NTD per year, for 5 years, totaling 1,000,000 NTD

Now, let's calculate the net value:

Net Value = Benefits - Costs

Net Value = 1,000,000 NTD - 300,000 NTD

Net Value = 700,000 NTD

The net value of 700,000 NTD per machine indicates a positive return on investment. Therefore, buying the machines would be a rational decision.

Based on the given information, the correct statement is:

(C) Net Values are 100,000 NTD per machine.

Learn more about net values at: brainly.com/question/18848923

#SPJ11

Equivalent units of production is $1370.

Given:Direct labor data for Warner Company are given in BE3​.2. Manufacturing overhead is assigned to departments on the basis of 160% of direct labor costs.

The assignment of overhead to the Assembly and Finishing Departments: Journal Entry

Assembly Department    = $48,000 × 160% = $76,800

Finishing Department = $72,000 × 160% = $1,15,200The manufacturing overhead assigned to the Assembly Department is $76,800 and that assigned to the Finishing Department is $1,15,200.

Equivalent Units of Production:

Equivalent Units = Units completed and transferred out + Equivalent Units in Ending - Equivalent Units in Beginning WIP

Assembly Department Units to be accounted for:1000 units × 100% = 1000 units

Equivalent units of production

:Units completed and transferred out = 900 × 100% = 900

Equivalent Units in Ending WIP = 100 × 75% = 75

Equivalent Units in Beginning WIP = 75 - 60 = 15

Total Equivalent units of production for the Assembly department = 900 + 75 = 975

Finishing Department Units to be accounted for:1500 units × 100% = 1500 units

Equivalent units of production: Units completed and transferred out = 1350 × 100% = 1350

Equivalent Units in Ending WIP = 150 × 80% = 120Equivalent Units in Beginning WIP = 120 - 20 = 100

Total Equivalent units of production for the Finishing department = 1350 + 120 - 100 = 1370.

To learn more about units of production, visit:

https://brainly.com/question/14182418

#SPJ11

Typical commercial paper denominations: $1,000,000

Characteristics of commercial paper:

- Firms are the most common investors in these securities.

- Their denominations are typically in multiples of $1 million.

- They are typically used to finance a firm's investment in inventory and accounts receivable.

- Activity in their secondary market is high.

To calculate the annualized yield, we can use the formula:

Annualized Yield = ((Par Value - Price) / Price) * (360 / Days to Maturity)

In this case:

Par Value = $1,000,000

Price = $998,000

Days to Maturity = 35

Annualized Yield = (($1,000,000 - $998,000) / $998,000) * (360 / 35)

Calculating this expression, the annualized yield is approximately 2.06%.

Therefore, the correct answer is: 2.06%

Learn more about Investor:

https://brainly.com/question/31888450

#SPJ11

No, adjusting entries are not required by the historical cost principle of accounting.

I disagree with the statement that adjusting entries are required by the historical cost principle of accounting. The historical cost principle is a fundamental accounting concept that states that assets should be recorded at their original cost. It provides a reliable and objective basis for valuing and reporting assets on the financial statements. Adjusting entries, on the other hand, are made to ensure that financial statements accurately reflect the economic events and transactions that occurred during the accounting period.

Adjusting entries are necessary to bring the accounts up to date and to properly match revenues and expenses in accordance with the accrual basis of accounting. They are made to recognize revenues earned but not yet received and accounting. incurred but not yet paid. Adjusting entries also account for the passage of time and the allocation of revenues and expenses over the appropriate accounting periods.

While the historical cost principle guides the initial recording of assets, it does not dictate the need for adjusting entries. Adjusting entries are primarily driven by other accounting principles, such as the matching principle and the revenue recognition principle. These principles ensure that revenues and expenses are recognized in the period in which they are earned or incurred, regardless of when cash is received or paid.

In summary, adjusting entries serve to align the financial statements with the accrual basis of accounting and the matching principle, rather than being directly required by the historical cost principle. The historical cost principle provides a basis for initially valuing assets, while adjusting entries ensure that the financial statements accurately reflect the financial performance and position of the entity.

To learn more about accounting refer here :

https://brainly.com/question/33477032?referrer=searchResults

#SPJ11

Widgets, Inc., a corporation selling widgets, purchased 1,000 shares of stock on January 1, 20X0,

at $10 per share.

The business also borrowed $30,000 from the owner's Aunt Suzie, agreeing to pay back the amount with 10% interest on December 31, 20X6. On January 1, 20X0, the business purchased six widgets for $3,000 each.

During the year, it sold four widgets for $8,000 and had $800 in expenses, including 12 months of rent totaling $13,200. On December 31, 20X0, Widgets, Inc. purchased a delivery van worth $20,000, paying $5,000 down and agreeing to pay the remainder in the next year.

On December 31, 20X0, the company paid its first year's interest to Aunt Suzie of $3,000.The business's income statement and balance sheet for 20X0 are as follows:

Income Statement Revenue from the sales of widgets:

$8,000

Expenses: $13,200 + $3,000 (interest paid) = $16,200

Net loss: ($8,000)Balance Sheet Assets Cash: $8,000

Inventory: $12,000Delivery van: $5,000

Stocks: $10,000

Total assets: $35,000

LiabilitiesAccounts payable: $18,000

Interest payable: $3,000

Total liabilities: $21,000

Owner's EquityCommon stock: $10,000

Retained earnings (deficit): ($8,000)Total owner's equity: $2,000

Total liabilities and owner's equity: $35,000

The income before taxes for Widgets, Inc., was a net loss of $8,000.

The company's income tax expense for the year will be $2,400 ($8,000 x 30%).

The company's retained earnings for the year will be a deficit of $10,400 ($8,000 - $2,400).

Therefore, the net income for Widgets, Inc., after deducting income tax expenses, is ($5,600) ($8,000 - $2,400), which is a loss.

To know more about agreeing visit :

https://brainly.com/question/2510677

#SPJ11

To prepare the production cost report for the Assembly Department using the weighted-average method, we need to calculate the equivalent units of production and the cost per equivalent unit. Here are the calculations:

Equivalent Units of Production:

Units completed and transferred out: 95,800 units

Work-in-Process Inventory (25% complete):

Equivalent units = 25% * 125,000 units = 31,250 units

Cost per Equivalent Unit:

Direct materials: $437,500 / 125,000 units = $3.50 per unit

Direct labor: $200,800 / 125,000 units = $1.61 per unit

Manufacturing overhead: $134,275 / 125,000 units = $1.07 per unit

Cost Reconciliation:

Direct materials:

Cost of units completed and transferred out: 95,800 units * $3.50 per unit = $335,300

Cost of Work-in-Process Inventory: 31,250 units * $3.50 per unit = $109,375

Total cost of direct materials: $335,300 + $109,375 = $444,675

Direct labor:

Cost of units completed and transferred out: 95,800 units * $1.61 per unit = $154,078

Cost of Work-in-Process Inventory: 31,250 units * $1.61 per unit = $50,313

Total cost of direct labor: $154,078 + $50,313 = $204,391

Manufacturing overhead:

Cost of units completed and transferred out: 95,800 units * $1.07 per unit = $102,446

Cost of Work-in-Process Inventory: 31,250 units * $1.07 per unit = $33,438

Total cost of manufacturing overhead: $102,446 + $33,438 = $135,884

Total Cost:

Total cost of direct materials, direct labor, and manufacturing overhead:

$444,675 (direct materials) + $204,391 (direct labor) + $135,884 (manufacturing overhead) = $784,950

Now we can prepare the production cost report for the Assembly Department for November:

Production Cost Report - Assembly Department (Weighted-Average Method)

                |   Units     |  Direct     |   Conversion  |   Total

                |   Started   |  Materials  |    Costs      |   Costs

Units accounted for: | 125,000 | | |

Units completed | 95,800 | | |

Work-in-Process | 31,250 | | |

Total | 125,050 | | |

Cost per Equivalent | | $3.50 | $2.68 |

Unit | | | |

Cost Reconciliation: | | | |

Direct materials | | $444,675 | |

Direct labor | | | $204,391 |

Manufacturing | | | $135,884 |

overhead | | | |

Total | | $444,675 | $340,275 |

To know more about game here

https://brainly.com/question/908343

#SPJ4

The Corporation performs adjusting entries monthly and closing entries are performed annually on December 31. Declared a cash dividend of $.20 (20 cents) per share, payable on January 15, 2020. Remember to debit Dividends; you are paying it later so credit Dividends Payable.

During December, the following transactions occurred:

I. Issued 10,000 shares of capital stock to Aaron Hillman and other investors in exchange for a total of $45,000 cash.

II. Paid $14,400 to Boothe Realty for 12 months rent paid in advance. (Use the Asset account: Prepaid Rent for the entire amount).

III. Purchased office equipment and furnishings from Edwards Corp. for $12,000 (use the account Office Equipment and Furnishings). Paid $4,000 in cash with the balance due on a Note Payable (principal and interest due in 6 months).

IV. Purchased office supplies on Account from Trackers for $1,400. Payment is due in 20 days. These supplies are expected to last for several months.

V. Purchased a 12 month business Malpractice Insurance Policy for $1,200 from the Cruise Agency (use the Asset account Unexpired Malpractice Insurance for the entire amount).

VI. Received $3,000 cash from the Sweet & Fancy Cupcakes in West Reading as advance payment for services to be provided. (Use the Liability account: Unearned Accounting Fees.)

Salaries earned by employees since the last payroll are $1,300. The Salaries will be paid on 1/3/21.h. The Accountant estimates that the amount of Income Tax Payable will be $3,000. These taxes will be paid in 2021.

To know more about Corporation visit:

https://brainly.com/question/30029715

#SPJ11

Optimistic completion time, the most likely completion time, and the pessimistic completion time for a new contract with their expected times and variance for each activity is given in the following table:

Time (days)ActivityImmediate Predecessor(s)mchimost likelypessimistic[tex]ABCB443522520484040453034DEFB635725625656356435347IGF215121011161615151310HGA938810128116141212103[/tex]a) The expected time for an activity can be calculated by using the formula as follows: (optimistic completion time + 4 x most likely completion time + pessimistic completion time)/6.Expected time for Activity A = (4+5+8)/6 = 5.17Expected time for Activity B = (3+4+5)/6 = 4Expected time for Activity C = (3+5+6)/6 = 4.67Expected time for Activity D = (5+6+7)/6 = 6Expected time for Activity E = (2+5+7)/6 = 4.67Expected time for Activity F = (7+7+9)/6 = 7.33Expected time for Activity G = (2+4+6)/6 = 4Expected time for Activity H = (3+4+5)/6 = 4Expected time for Activity I = (1+2+10)/6 = 2.17b)

The variance for an activity can be calculated by using the formula as follows: (pessimistic completion time - optimistic completion time)2/36.Variance for Activity A = (8-4)2/36 = 0.44Variance for Activity B = (5-3)2/36 = 0.06Variance for Activity C = (6-3)2/36 = 0.25Variance for Activity D = (7-5)2/36 = 0.11Variance for Activity E = (7-2)2/36 = 0.47Variance for Activity F = (9-7)2/36 = 0.06Variance for Activity G = (6-2)2/36 = 0.44Variance for Activity H = (5-3)2/36 = 0.06Variance for Activity I = (10-1)2/36 = 2.47Therefore, the expected times and variance for each of the activities are given below:ActivityExpected TimeVariance[tex]A5.170.44B4.000.06C4.670.25D6.000.11E4.670.47F7.330.06G4.000.44H4.000.06I2.1702.47.[/tex]

To know more about Optimistic visit:

https://brainly.com/question/32830411

#SPJ11

Your answer is explained below. Please refrain from directly copy and pasting this, instead use your own words which are inspired by sources.

a) Immediate effect of increased immigration:

Wage-setting model: The supply of labor increases as immigrants enter the labor force, shifting the labor supply curve to the right. This leads to downward pressure on wages as firms now have more workers to choose from.

Price-setting model: The supply of labor increases, but firms have limited ability to adjust wages downward in the short run. This may lead to higher unemployment as firms do not need to hire all the new workers.

In both models, the initial result is lower wage growth or possibly even falling real wages, and potentially higher unemployment.

b) Long term effects:

As time passes, wages can adjust downward to some extent. This will bring the labor market back toward equilibrium, although real wages may remain slightly lower than before. Unemployment may stabilize or even fall as demand for labor eventually increases to absorb some of the immigrant workers. The key is that in the long run, wages and employment can adjust through changes in demand and productivity gains from a larger workforce. But full adjustment takes time.

c) If some immigrants become entrepreneurs:

This would shift the price-setting curve to the right, as more businesses mean greater demand for labor from firms. This increase in labor demand would offset some of the initial supply shock from immigrants becoming employees. As a result, unemployment would likely not rise as much or for as long, and downward pressure on wages may be smaller. The rightward shift of both curves would mean a new equilibrium with higher employment and real wages that are relatively unchanged.

Thanks, have a marvelous day!

J&L Packaging, Inc. is an organization that deals with packaging products and services. Its supply chain begins with the raw materials that are used to produce packaging products.

The materials are then shipped to the manufacturer, who transforms them into packaging products. The packaging products are then shipped to the distributor, who delivers them to the customers. Finally, the customers receive the products and pay for them.
The types of inventory in the J&L Packaging, Inc. supply chain include raw materials, work in progress, finished goods, and maintenance, repair, and operating (MRO) supplies. Raw materials are used to produce the packaging products and include paper, glue, ink, and other materials.

MRO supplies are used to support the production and maintenance of the packaging products. They include items such as cleaning supplies, tools, and spare parts. The purpose of the inventory is to ensure that the right amount of materials and products are available at the right time to meet customer demand.

Learn more about Organization

https://brainly.com/question/28104820

#SPJ11

When the government increased tax on gasoline by $1 per gallon of gasoline sold in the United States motivated by the desire to reduce consumption of gasoline, the equilibrium price on gasoline for consumers will increase. In other words, the new equilibrium price on gasoline for consumers will be higher than the pre-tax level.

In the long run, the price change can be altered by consumers reducing their demand for gasoline and alternative sources of energy becoming more efficient and less costly. When the tax is imposed, the supply of gasoline decreases and moves to the left, increasing the price of gasoline to the consumers. As the price of gasoline goes up, the demand for it goes down.The gasoline producers' earnings from the sale of gasoline will decrease due to the increase in tax on gasoline. The total price of gasoline that the producers earn from sales of gasoline will decrease because the government now levies a higher tax on gasoline.

It is because the tax cost is likely to be passed on to consumers, who will experience higher gasoline prices. In the end, the market will adjust to the tax, with gasoline producers experiencing a reduced supply and consumers experiencing a higher price.

To know more about equilibrium visit:

https://brainly.com/question/30694482

#SPJ11