Price variance refers to the discrepancy between the final price paid and the normal price for an overhead item.
Any difference between the advertised price and the POS price, whether intentional or accidental, is referred to as a price discrepancy.
Price variance is calculated by multiplying the number of actual units purchased by the actual unit cost of the item less the standard cost. Pricing variation is a key consideration when creating a budget.
The variable overhead spending variance, also referred to as the variable overhead spending variance, is calculated by multiplying the number of units of the basis of allocation by the difference between the actual overhead rate and the standard overhead rate (such as hours worked or machine hours used).
Read more about purchase price at
https://brainly.com/question/16906163
#SPJ4
power centers are shopping centers that have an open-air configuration of specialty stores, entertainment, and restaurants, with design ambience and amenities such as fountains and street furniture. true false
The given statement, Power centers are shopping centers that have an open-air configuration of specialty stores, entertainment, and restaurants, with design ambience and amenities such as fountains and street furniture is true.
Power centers are a type of retail shopping center that is known for their open-air configuration of specialty stores, entertainment, and restaurants. They are typically located in suburban areas and have a large parking lot, often with spaces for hundreds or thousands of cars.
The term "power center" comes from the fact that these shopping centers are typically anchored by one or more large "power" retailers, such as Walmart, Target, or Home Depot. These anchor stores are usually located at opposite ends of the shopping center, with smaller specialty stores and restaurants filling in the space between them.
know more about shopping centers here
https://brainly.com/question/16027423#
#SPJ11
which of these accurately describes an advantage of selling bonds to raise long-term capital? a. interest is not a legal obligation. b. interest is a tax-deductible expense. c. face value is not repaid. d. bondholders have voting rights.
An advantage of selling bonds to raise long-term capital is that "interest is a tax-deductible expense". The accurate option is b. Interest is a tax-deductible expense.
Selling bonds to raise long-term capital is advantageous because it helps the company raise funds for the long term. Bonds are an excellent method to raise capital since they allow the issuer to borrow funds without sacrificing ownership. There are several advantages of selling bonds to raise long-term capital, and one of these advantages is that interest is a tax-deductible expense.
In many cases, bond interest is tax-deductible, which means the issuer can deduct the interest payment from its taxable income, lowering its overall tax bill. This reduces the actual cost of borrowing funds through bond issuances. Companies can save money in taxes if the interest paid on the bond is tax-deductible. As a result, this alternative is very attractive to firms because they can save money and manage their financial resources better.
The accurate option is b.
You can learn more about bonds at
https://brainly.com/question/25965295
#SPJ11
a(n) boycott encourages union members and the general public not to do business with a company directly engaged in a labor dispute.
A primary boycott encourages union members and the general public not to do business with a company directly engaged in a labor dispute.
The aim of a primary boycott is to put economic pressure on the company and force it to negotiate with the union or workers involved in the labor dispute.
A primary boycott can take different forms, such as picketing, public protests, or social media campaigns. It can also involve calls for consumers to avoid purchasing products or services from the company in question, or to support alternative products or services offered by competitors.
Primary boycotts are often used as a tactic by labor unions or workers to achieve their demands, as they can have a significant impact on a company's bottom line and reputation. However, primary boycotts can also be controversial, as they can negatively affect the livelihoods of workers and suppliers who are not directly involved in the labor dispute.
In conclusion, a primary boycott is a type of boycott that aims to put economic pressure on a company directly engaged in a labor dispute, by encouraging union members and the general public not to do business with the company.
To learn more about labor dispute click on,
https://brainly.com/question/29357334
#SPJ4
what does conpast stand for? group of answer choices room contribution per average seat time room contract per available sale team space's contribution per available space-time space's contract per available season time
ConPAST stand for "Room Contribution Per Average Seat Time."
About ConPASTConPAST is a hotel industry acronym that stands for "Contribution Per Available Seat Time." It is used to calculate the profit contribution made by a hotel room in a given time period. The formula is as follows:
ConPAST = Room Revenue / (Number of Available Rooms x Average Length of Stay)
It is important for hotels to calculate ConPAST as it helps them to understand the profitability of their rooms.
The calculation takes into account the revenue generated by each room and the length of time it is occupied. By knowing the ConPAST, hotels can make informed decisions about pricing and marketing strategies.
Learn more about hotel industry at
https://brainly.com/question/28542361
#SPJ11
As you see it, what is the importance of international organizations like the United Nations when the world is presented with new projects like the one described in this article ? Give reasons for your response.
Answer:
In my opinion I feel like there are a lot of new projects and tons of things representing new things . Majority of them are like all the same but I feel like there's always new projects being made a lot of them are the same but different due to whatever the project is
Explanation:
the accounts payable account has a beginning balance of $10,300 and the company purchased $57,000 of supplies on account during the month. the ending balance was $18,400. how much did the company pay to creditors during the month? multiple choice $67,300 $75,400 $48,900 $57,000
The company paid $48,900 to creditors during the month, which corresponds to answer choice C) $48,900.
Identify the beginning balance of the accounts payable account. The student question states that the beginning balance is $10,300. Determine the amount of supplies purchased on account during the month. According to the student question, the company purchased $57,000 worth of supplies on account .Add the beginning balance and the purchases made on account to find the total accounts payable before payments. In this case, it would be $10,300 (beginning balance) + $57,000 (purchases) = $67,300.
Identify the ending balance of the accounts payable account. The student question states that the ending balance is $18,400.Subtract the ending balance from the total accounts payable before payments to find out how much the company paid to creditors during the month. In this case, it would be $67,300 (total accounts payable before payments) - $18,400 (ending balance) = $48,900.So, the company paid $48,900 to creditors during the month, which corresponds to answer choice C) $48,900.
For more such questions on creditors visit:
https://brainly.com/question/16881677
#SPJ11
buddy aviation, inc. (bud) announces that it has invented an aircraft engine that runs on water (h2o) and gets 200 miles per gallon per engine (using water as fuel!). the next day, the value of bud in the stock markets goes from $11 per share to $150 per share...and the price remains near $150 for many years following the announcement. this type of reaction in the market to the announcement by bud is best described as
The reaction in the market to the announcement by Bud Aviation, Inc. is best described as a speculative bubble
The reaction in the market to the announcement by Bud Aviation, Inc. is an example of a speculative bubble. The sudden increase in the company's stock price from $11 to $150 per share is not supported by the company's current financial performance or any tangible evidence that the new invention will be successful.
In a speculative bubble, investors buy stocks or other assets based on the expectation of future price increases, rather than the intrinsic value of the company or asset. This can lead to overvaluation and a sudden crash in prices when the bubble bursts. While it is possible that Bud Aviation's new invention could be successful, the dramatic increase in the stock price suggests that investors are overestimating the potential profits and underestimating the risks involved.
Learn more about speculative bubble here
brainly.com/question/16810603
#SPJ4
the local bodega wants to determine the number of newspapers to order for tomorrow. the bodega owner has to pay $1 per newspaper. she sell newspapers for $2.50. the daily demand for newspapers is 75 papers with a standard deviation of 8 papers. (you should assume that the newspaper is a daily paper and at day's end the newspaper has no value.) 1. how much does the bodega owner make in profit for each paper sold? $
The profit made by bodega owner by selling each newspaper when the cost price is $1 per newspaper is equals to $1.50.
Selling price per newspaper is equal to $2.50
Cost price per newspaper is equal to $1.
Selling price is greater than cost price of the newspaper.
Its profit.
The profit per newspaper, we need to subtract the cost per newspaper from the selling price per newspaper,
Profit per newspaper = Selling price per newspaper - Cost per newspaper
Substitute the value in the formula we have,
⇒ Profit per newspaper = $2.50 - $1
⇒ Profit per newspaper = $1.50
Therefore, the bodega owner makes a profit of $1.50 for each newspaper sold.
Learn more about newspaper here
brainly.com/question/30057650
#SPJ4
abc corporation common stock has a beta of 2. if the market risk premium is .06 and the riskless interest rate is .02, what would be the fair rate of return for an investor in this stock, according to capm? group of answer choices .16 .12 .18 .14
The the fair rate of return for an investor in this stock, according to CAPM(Capital Asset Pricing Model) is 0.18 option C.
The link between systemic risk, or the overall dangers of investing, and expected return for assets, particularly equities, is described by the Capital Asset Pricing Model (CAPM).
A linear link between the needed return on an investment and risk is established by this financial model. The link between an asset's beta, the risk-free rate (usually the interest rate on Treasury bills), and the equity risk premium, or the projected return on the market less the risk-free rate, serves as the foundation for the model.
In order to quantify this systemic risk, CAPM was developed. It is frequently used in the financial industry to value hazardous securities and calculate projected returns for assets given their risk and cost of capital.
ERi =Rf +βi (ER m −R f )
where:
ERi =expected return of investment
Rf = risk-free rate
βi =beta of the investment
(ERm −Rf ) = market risk premium
We have,
beta = 2
market risk premium = 0.06
risk-free rate = 0.02
ERi =Rf +βi (ER m −Rf )
= 0.02 + 2(0.06)
ERi = 0.18.
Learn more about Capital Asset Pricing Model:
https://brainly.com/question/28204743
#SPJ4
describe briefly the changes happening in the us workforce, according to peter drucker, and what is causing the changes.
According to peter Drucker US work force, and the causes of the changes is identified that globalization.
According to Drucker, the changes in the US workforce are being driven by several factors. One of the most significant is technological change, which has led to the automation of many routine tasks and the emergence of new industries such as information technology and biotechnology.
Another factor driving the changes in the US workforce is globalization, which has increased competition for jobs and placed pressure on US companies to become more efficient and productive.
Finally, demographic changes such as an aging population and increasing diversity have also contributed to the changes in the US workforce. As the baby boomer generation retires, there is a need for new workers to fill the gaps in the workforce.
To know more about work force here
https://brainly.com/question/758238
#SPJ4
the winston sporting goods company is lobbying members of congress to encourage them to open a trading agreement with south america. the company believes it can triple its sales by accessing this market which will benefit the united states in export tariffs. this demonstrates how affects/affect trade.
The company believes it can triple its sales by accessing this market which will benefit the United States in export tariffs. This demonstrates how government policy affects/affect trade.
The three primary tools used by governments to limit trade are quota systems, tariffs, and subsidies.
A quota system limits the number of goods that can be imported into a country. Quota systems enable governments to limit the amount of imports in order to protect domestic industries.
Tariffs are fees that are levied on imported goods. Tariffs raise the price that consumers pay for a good, reducing the quantity demanded and bringing the price closer to the price charged by domestic producers.
Subsidies are grants made to domestic industries to assist them in developing and competing with foreign producers. Subsidies allow domestic producers to charge lower prices for their goods while not losing money due to outside grants.
To know more about trade:
https://brainly.com/question/27622280
#SPJ4
Correct question:
The Winston Sporting Goods Company is lobbying members of Congress to encourage them to open a trading agreement with South America. The company believes it can triple its sales by accessing this market which will benefit the United States in export tariffs. This demonstrates how _____ affects/affect trade
the point at which it is no longer advantageous to buy in bulk is known as marginalcost.tipping.benefit.error.
The point at which it is no longer advantageous to buy in bulk is known as the tipping point. Here option B is the correct answer.
The tipping point is the point at which the cost of buying in bulk no longer provides a significant cost advantage over buying smaller quantities. Beyond this point, the cost savings from bulk purchasing may be outweighed by other costs, such as storage, inventory management, or waste disposal.
For example, a business may find that it is more cost-effective to buy a larger quantity of raw materials or inventory to take advantage of bulk discounts. However, if the cost of storing and managing that inventory becomes too high, the business may reach a tipping point where it is no longer advantageous to continue buying in bulk.
Determining the tipping point can be important for businesses to optimize their purchasing and inventory management strategies. By finding the right balance between bulk purchasing and other costs, businesses can reduce their overall costs and improve their profitability.
To learn more about tipping point
https://brainly.com/question/13313369
#SPJ4
Complete question:
The point at which it is no longer advantageous to buy in bulk is known as
A - marginal cost
B - tipping
C - benefit
D - error.
supppose the probability of an irs audit is 2.9 percentof us tax payers who file form 1040 and who earned $100,000.00 or more. what are the odds that the tax payer will be audited?
For U.S. taxpayers who submit form 1040 and who earned $100,000 or more, the likelihood of an IRS audit is 2.9%.
For US taxpayers who submit form 1040 and made $100,000 or more, the likelihood of an IRS audit is 97.1%.
You would take the probability (2.9%) and divide it by 100 to get a decimal, then use that decimal to symbolise the odds as a ratio to determine the likelihood that such a taxpayer will be audited.
The chances would then be 0.029:1.
This amounts to 2.9%.
You would take 100 (the total number of outcomes that could occur) and deduct the likelihood that the event would occur in order to calculate the chances against such a taxpayer being audited.
= 100 - (2.9%)\s= 97.1%
To learn more about probability, here:
https://brainly.com/question/30034780
#SPJ4
an unlicensed real estate assistant may perform all of the following tasks except: group of answer choices passing out brochures at an open house advising a client regarding available financing options updating listing information on the broker's website copying, distributing, and filing transaction documents
The correct answer is option c. advising a client regarding available financing options. An unlicensed real estate assistant cannot provide advice to a client regarding financing options, or any other advice related to real estate.
A licensed real estate agent or broker is responsible for this task. Nonetheless, an unlicensed real estate assistant is still capable of carrying out additional duties like making copies of, distributing, and filing transaction paperwork, distributing flyers during open houses, and updating listing details on the broker's website.
These responsibilities are legal because they don't call for the assistant to give real estate advice.
Hence, when it comes to unlicensed real estate helpers, it's crucial to know the difference between legal and criminal operations.
Complete Question:
An unlicensed real estate assistant may perform all of the following tasks except:
a. copying, distributing, and filing transaction documents
b. passing out brochures at an open house
c. advising a client regarding available financing options
d. updating listing information on the broker's website
To learn more about broker visit:
https://brainly.com/question/17011472
#SPJ4
shelton company purchased a parcel of land six years ago for $862,500. at that time, the firm invested $134,000 in grading the site so that it would be usable. since the firm wasn't ready to use the site itself at that time, it decided to lease the land for $48,500 a year. the company is now considering building a warehouse on the site as the rental lease is expiring. the current value of the land is $914,000. what value should be included in the initial cost of the warehouse project for the use of this land?
The value that should be included in the warehouse project's initial cost for using this land is $914,000.
For the purpose of calculating the original cost of the storage project, we take into account both the current land value, which represents an opportunity cost, and the land value that was bought for $862,500 six years ago, which represents a lost cost that cannot be recovered at the moment. Because the lease term will shortly come to an end, both this fixed cost and the lease cost are irrelevant.
All additional material is irrelevant and will be disregarded. It should be mentioned that knowing the initial costs incurred by an organisation is essential to determining the price that will be charged for a specific product. The property is currently worth $914,000. Therefore, $914,000 should be deducted from the original cost of the warehouse endeavor for the worth of using this land.
Read more about initial cost on:
https://brainly.com/question/14984116
#SPJ4
what is the yeild to maturity on these 100 face value one year bonds a 6 lercent aoupon selling for 85 a 7 percent coupon bond selling for 100 an 8 percent coupon seling for 115
The yield to maturity of 6 percent coupon bond selling for $85 is 10.97%.
Yield to maturity of 6 percent coupon bond selling for 85 (face value: $100) can be calculated as 10.97%.Yield to maturity is the effective rate of return earned on a bond if it is held until it matures. It is the total return anticipated on a bond if it is held until it matures and all interest payments are collected.The yield to maturity formula is used to calculate the yield on a bond based on its current price on the market.
The formula for calculating yield to maturity on a bond is:YTM = (C + (F-P) / n) / ((F+P) / 2)Where:YTM = yield to maturityC = the annual coupon paymentF = the face value of the bondP = the price of the bondn = the number of years to maturityUsing the above formula, let's calculate the yield to maturity on the 6 percent coupon bond selling for $85:YTM = (6 + (100-85) / 1) / ((100+85) / 2) = 10.97%.
For more such questions on maturity
https://brainly.com/question/28039417
#SPJ11
what is a characteristic of people from high uncertainty avoidance cultures? multiple choice they show less resistance to change and less desire to establish rules that dictate behavior. they develop trust quickly with people from other groups. they often stress orderliness and consistency, even if it means sacrificing experimentation and innovation. they tend to expect informality in most interpersonal business interactions. they tend to be extremely informal in their actions.
The characteristic of people from high uncertainty avoidance cultures is they often stress orderliness and consistency, even if it means sacrificing experimentation and innovation. Option B
They often stress orderliness and consistency, even if it means sacrificing experimentation and innovation is a characteristic of people from high uncertainty avoidance cultures. This means that they are more likely to prefer clear and established rules and procedures in order to feel more secure and avoid potential risks or uncertainties. As a result, they may resist change and be hesitant to try new ideas or methods. This can sometimes limit their creativity and innovation in certain areas.
In addition, people from high uncertainty avoidance cultures may also value predictability and stability in their personal and professional lives. They may prefer to work in structured environments where they know what is expected of them and what the rules are. They may also tend to avoid ambiguity or situations where there is a lack of clarity or certainty.
Overall, understanding the characteristics of people from different cultures can be important for effective communication and collaboration in today's globalized world. By recognizing and respecting cultural differences, we can build stronger relationships and work together more effectively towards shared goals. Therefore option B is correct.
For more such questions on experimentation
https://brainly.com/question/27814334
#SPJ11
when it comes to seo (search engine optimization), why should technical considerations be addressed first?
When it comes to SEO (Search Engine Optimization), technical considerations should be addressed first for the following reasons:To begin with, technical SEO optimizes a website's framework and foundation.
Technical optimization ensures that search engine spiders can navigate and understand the website, which affects a website's overall visibility and ranking on search engines. Secondly, Technical SEO guarantees that search engines can crawl and understand the content and structure of the website, which helps in maximizing the website's ranking on search engines.
A website's ranking on search engines is essential because the majority of internet users never look beyond the first page of search engine results.In addition, Technical SEO helps in the indexing of the website. Indexing is the method by which search engines track and store data. A well-indexed website increases the chances of being found by potential users when they search for the information or services provided by the website.To conclude, technical optimization ensures that search engines can comprehend the website's structure and content, as well as crawl and index it. These elements are critical in improving a website's ranking on search engines, making it more discoverable to potential users.
Therefore, it is essential to address technical considerations first when it comes to SEO.
Know more about Search engine here:
https://brainly.com/question/11132516
#SPJ11
which of the following are reasons the united states is considered currency area? check all that apply. flexibility of prices and wages limited use of fiscal policy an automatic mechanism for transferring fiscal resources across borders a single monetary policy that is equally effective across borders
The reasons the United States is considered a currency area b. limited use of fiscal policy and d. a single monetary policy that is equally effective across borders
The Fiscal Policy is the government's strategy for using prudent taxation and expenditure to achieve economic objectives. Currency regions have a restricted use of fiscal policy as one of their traits. The policy is set at the government level in the United States and is not frequently used to resolve regional economic disparities. Instead, to address the economy, the nation uses a singular monetary strategy.
Currency areas have a singular monetary policy that is similarly efficient across borders. The Federal Reserve in the United States establishes a single monetary strategy for the complete nation. This ensures that monetary policy is effective in keeping stable economic conditions across the nation by ensuring that interest rates and other monetary policy instruments are implemented consistently across regions.
Complete Question:
which of the following are reasons the united states is considered a currency area?
a. flexibility of prices and wages
b. limited use of fiscal policy
c. an automatic mechanism for transferring fiscal resources across borders
d. a single monetary policy that is equally effective across borders
Read more about fiscal policy on:
https://brainly.com/question/6583917
#SPJ4
after studying the political economy of modern germany, fran concludes that we must consider the world capitalist economy as a single unit instead of looking at individual countries. her view is best described by what theory or set of theories? quilzet
Fran's view is best described by the theory of globalization, which considers the world capitalist economy as a single unit and emphasizes the interconnectedness and interdependence of countries in the global economy.
The theory of globalisation best describes Fran's viewpoint that we must regard the world capitalist economy as a unique unit rather than individual nations. Globalization emphasises the interconnectedness and interdependence of nations in the global economy, where the cross-border movement of products, services, money, and information forms a global network.
According to this theory, national economies are affected by global economic forces, and national policies and choices can have global consequences. As a result, studying contemporary economies necessitates a global viewpoint that takes into account the effect of global economic forces on individual countries and vice versa.
Learn more about globalization:
https://brainly.com/question/17863739
#SPJ4
where is the remeasurement gain or loss reported in the parent company's financial statements? group of answer choices other comprehensive income. net income/loss in the income statement. cumulative translation adjustment as a deferred asset. retained earnings. cumulative translation adjustment as a deferred liability.
Where the remeasurement gain or loss is reported in the parent company's financial statements is A. Other Comprehensive Income.
A financial statement is a formal record of the financial activities and position of a business or entity, including the balance sheet, income statement, and cash flow statement. Meanwhile, net income/loss is the amount of money a company has earned or lost during a given period, calculated by subtracting expenses from revenues.
The answer choices:
a. Other Comprehensive Income: This is where the remeasurement gain or loss is reported. It includes gains and losses that are not part of the net income/loss but are still important for understanding a company's financial health.
b. Net Income/Loss in the Income Statement: This choice is incorrect because remeasurement gains and losses are not part of the net income/loss.
c. Cumulative Translation Adjustment as a Deferred Asset: This choice is also incorrect because remeasurement gains and losses are not deferred assets.
d. Retained Earnings: This choice is incorrect because remeasurement gains and losses do not directly affect retained earnings.
e. Cumulative Translation Adjustment as a Deferred Liability: This choice is incorrect because remeasurement gains and losses are not deferred liabilities.
In conclusion, the correct answer is A. Other Comprehensive Income, which is where the remeasurement gain or loss is reported in the parent company's financial statements.
To know more about Remeasurement visit:
https://brainly.com/question/29441338
#SPJ11
if no further deposits or withdrawals are made to the account, what is the value of the account when she reaches age 65?
Without additional deposits or withdrawals, we cannot determine the value of the account when she reaches age 65 as it depends on the initial deposit, interest rate, and any compounding over time.
The value of the account at age 65 will depend on the initial conditions and market fluctuations over time. The value of an account at age 65 will depend on the initial conditions, such as the amount of the initial deposit, the interest rate, and the frequency of compounding.
If someone started with a higher deposit and a higher interest rate, the account would grow faster and have a higher value at age 65. However, market fluctuations can also impact the value of the account over time. Economic conditions, such as inflation and changes in interest rates, can affect the account's growth rate and overall value.
Additionally, any investment decisions made by the account holder can also impact the account's value. For example, if the account is invested in stocks and the market experiences a downturn, the account's value may decrease.
Ultimately, the value of the account at age 65 will depend on a combination of the initial conditions and market fluctuations over time.
Learn more about present value of the account https://brainly.com/question/30390056
#SPJ11
the financial ratios that measure a firm's ability to pay its short-term debts by turning short-term assets into cash are called: a. equity ratios. b. liquidity ratios. c. leverage ratios. d. profitability ratios.
The financial ratios that measure a firm's ability to pay its short-term debts by turning short-term assets into cash are called b) liquidity ratios.
Liquidity ratios are financial ratios that measure a company's ability to meet short-term obligations by converting short-term assets into cash. These ratios are important indicators of a company's financial health and its ability to manage cash flow.
Common liquidity ratios include the current ratio, quick ratio, and cash ratio. By analyzing a company's liquidity ratios, investors and creditors can evaluate its ability to meet short-term obligations and make informed decisions about investing or lending to the company.
For more questions like Liquidity ratios click the link below:
https://brainly.com/question/30992156
#SPJ11
each firm in a monopolistically competitive industry faces a downward-sloping demand curve because group of answer choices the firm faces the threat of entry into the market by new firms the firm's product is different from those offered by other firms in the market there are very few other sellers in the market there are many other sellers in the market
Each firm in a monopolistically competitive industry faces a downward-sloping demand curve because its product is different from those offered by other firms in the market.
When it comes to monopolistic competition, the firm's product is different from those offered by other firms in the market.
Monopolistic competition is a form of imperfect competition in which numerous competing producers sell goods that are differentiated from one another (e.g., by branding or quality) and hence are not perfect substitutes. a firm faces a downward-sloping demand curve because its product is different from those offered by other firms in the market.
The degree of differentiation between the goods offered by competing producers varies depending on the industry and the goods in question. Thus, in some industries, the goods offered by competing producers may be highly differentiated and hence not viewed as perfect substitutes (e.g., restaurant meals), while in others they may be highly substitutable (e.g., gasoline).
For more such questions on monopolistic competition
https://brainly.com/question/2891218
#SPJ11
as beth and rob search for a new home, they are interested only in houses built by a particular builder. this purchase is characteristic of a(n) product.
The purchase of a new house built by a particular builder is an characteristic of of product-oriented purchasing.
Product-oriented purchasing type of buying behavior is more focused on the characteristics of the product and less focused on the price or brand. The buyer will usually do research to determine which product is best suited to their needs, and they may choose that particular builder due to their reputation for quality construction.
Product-oriented purchasers are often willing to pay more in order to get exactly what they want. Beth and Rob's decision to buy a house only from a certain builder exemplifies this kind of buying behavior, as they are sacrificing potential cost savings in favor of getting a house that meets their expectations in terms of its construction quality.
To know more about Product-oriented visit:
https://brainly.com/question/28360584
#SPJ4
total cost of goods manufactured represents the cost of all work on all products during the period true or false
The given statement "total cost of goods manufactured represents the cost of all work on all products during the period" is True because TCGM includes all direct and indirect costs.
The total cost of goods manufactured (TCGM) represents the total cost incurred by a manufacturer during a period to produce the finished goods that are ready for sale. TCGM includes all direct and indirect costs incurred during the manufacturing process, including labor, raw materials, manufacturing overheads, and other expenses.
The TCGM is calculated by adding the beginning inventory of work in progress to the total manufacturing costs incurred during the period and then subtracting the ending inventory of work in progress. This calculation provides the total cost of goods that were completed during the period.
The TCGM is an important measure of a manufacturer's efficiency and profitability. It reflects the total amount spent to produce the finished goods, including all direct and indirect costs, and is used in calculating the cost of goods sold (COGS).
The COGS is then used to calculate the gross profit, which is the difference between sales revenue and the cost of goods sold.
Overall, the TCGM is a crucial component of a manufacturer's financial statements, providing insights into the cost structure of the business and enabling comparisons with industry benchmarks.
To learn more about costs click on,
https://brainly.com/question/28505670
#SPJ4
how has the sec exercised its power with regard to the continuing evolution of accounting principles? issuing financial reporting releases (frrs). requiring additional disclosures in notes to financial statements. declaring a moratorium on the use of specified accounting practices. overruling the fasb. group of answer choices 1, 3, and 4. 1, 2, and 4. 1, 2, 3, and 4. 1 and 3. 1 and 4.
The SEC has exercised its power with regard to the continuing evolution of accounting principles by (1) issuing financial reporting releases (FRRs), (2) requiring additional disclosures in notes to financial statements, (3) declaring a moratorium on the use of specified accounting practices, and (4) overruling the FASB, therefore, the correct option is (c) 1, 2, 3 and 4
The SEC has exercised its power with regard to the continuing evolution of accounting principles by issuing financial reporting releases (FRRs), requiring additional disclosures in notes to financial statements, declaring a moratorium on the use of specified accounting practices, and overruling the FASB. Therefore, the correct group of answer choices is 1, 2, 3, and 4.
The SEC has the authority to oversee the financial reporting of publicly traded companies in the United States. It has used this power to provide guidance on the application of accounting principles through FRRs, which interpret existing accounting standards or provide guidance on new accounting issues.
The SEC has also required additional disclosures in notes to financial statements to ensure that investors have the information they need to make informed investment decisions.
Therefore, the correct option is (c) 1, 2, 3 and 4
Learn more about SEC here
brainly.com/question/30395379
#SPJ4
a company that is able to keep enough parts available to manufacture its products without having too many left over is probably relying on a
A supply chain system is most likely used by a company that can keep enough parts on hand to manufacture its products without having too many left over.
What exactly is a supply chain system?The supply chain is the networked path that building materials, components, and successfully completed goods travel before being arranged and sold to customers.
A supply chain is a network of people and companies responsible for the development and shipping of an item to a customer. The system begins with the raw material producers and ends when the van delivers the finished piece to the final customer.
To know about supply chain visit:
https://brainly.com/question/15706401
#SPJ1
a company that is able to keep enough parts available to manufacture its products without having too many left over is probably relying on a
a. supply chain
b. social media campaign
c. just in time
d. direct marketing manager
from the list on your right select the letter that contains the word, phrase, name, etc that best matches the word, phrase, name, etc listed on the left. each time you match two items, pause and think: do the two items you linked make sense when put together based on what you learned in this course?
The total amount of goods and services consumers are willing and able to purchase at a given price matches with the option J. Demand.
Here are the other statements with their matches:
Positive or direct relationship between price and quantity supplied, ceteris paribus: Option I. The Law of Supply
Where buyers' and sellers' plans are in balance or in agreement: Option E. Equilibrium
A rise in income brings a decrease in demand: Option L. Inferior good
An increase in the price of X leads to a decline in demand for Y: Option M. Substitutes
Quantity supplied: Option H. Quantity supplied
The area below the demand curve and above the market price: Option G. Consumer surplus
Price ceiling set below equilibrium: Option P. An example of price floor
Minimum wage: Option P. An example of price floor
Natural disaster: Option B. No effect on the market (unless it affects the supply or demand factors)
Ceteris paribus is where all other things being equal or constant" and not a specific economic concept but can be temporarily used for F. Quantity demanded.
Learn more about equilibrium here:
https://brainly.com/question/28527601
#SPJ1
The complete question is:
From the list on the number coloum select the letter that contains the word, phrase, name, etc that best matches the word, phrase, name, etc listed on the alphabet column.
1. The total amount of goods and services consumers are willing and able to purchase at a given price. Other things remaining the same or other things being equal
2. Positive or direct relationship between price and quantity supplied, ceteris paribus
3.Where buyers' and sellers' plans are in balance or in agreement
4. A rise in income brings a decrease in demand
5. An increase in the price of X leads to a decline in demand for Y H. Quantity supplied
6. The area below the demand curve and above the market price
7. Price ceiling set below equilibrium
8. Minimum wage
9. Natural disaster
A.Shortage
B. No effect on the market
C. Ceteris paribus
D. Complements
E. Equilibrium
F. Quantity demanded
G. Consumer surplus
I. The Law of Supply
J. Demand
K. The Law of Demand
L. Inferior good
M. Substitutes
N. Producer surplus
O. Supply curve shifts to the left
P. An example of price floor
Q. Normal good
what if you have a library book that is not lost and give it back, will you get fees if it is overdue
If you have a library book that is not lost and give it back. Yes, you will be charged fees if you return a library book that is overdue.
Overdue fees are a way for libraries to ensure that their materials are returned on time, so that other patrons can have access to them as well. However, the amount of the fee varies from library to library, and some may even have a grace period before the fee is assessed. The consequence of returning an overdue book to the library, if you return a book that is overdue, you will be charged a fee by the library. The amount of the fee varies from library to library, but it is generally a small amount per day that the book is overdue.
The purpose of this fee is to encourage patrons to return library materials on time, so that others may have access to them as well. Some libraries may have a grace period before the fee is assessed, so it is important to check with your local library to see what their policies are. If you have a library book that is not lost and give it back. Yes, you will be charged fees if you return a library book that is overdue.
Learn more about charged at:
https://brainly.com/question/298229?
#SPJ11