Transparency is demonstrated by civil employees when they notify the stakeholders of pertinent information and the reasoning behind their decisions.
The term Transparency means working in such a way that it is simple for other people to observe what activities are taken, and it is an ethic that cuts across science, engineering, business, and the humanities. Transparency denotes honesty, openness, and responsibility. In businesses, organizations, administrations, and communities, transparency is practiced. For instance, in a business relationship, a transparent agent clarifies fees upfront so there are no surprises later. In contrast to being "non-transparent," which is keeping this information hidden.
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The public became increasingly cynical about advertising in the late 1890s and early 1900s because __________.
- manufactured products always cost more than their advertised price
- advertised products were frequently not available
-advertisers forced newspapers to omit stories about their competitors
- society had become more urban and more trusting
-patent medicines made outrageous claims about what they could cure
The public became increasingly cynical about advertising in the late 1890s and early 1900s because (D) patent medicines made outrageous claims about what they could cure.
Early in the 20th century, various watchdog groups were established. Advocates in the business community established the nonprofit Good Business Bureau in 1913, which currently has more than one hundred local branches in the United States.
In part to keep an eye on misleading advertising. The advertisements for new media and technology, altered the 1920s. It influenced the customer to buy these products.
Product placement also referred to as embedded marketing, is a marketing technique in which allusions to particular brands or products are inserted into another work, like a movie or television show, with the express purpose of promoting them.
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Megan’s tv had a base price of $189 and the sales tax was 6.88%. over the next four years, the tv consumed an average of $0.06 of electricity every day. it also needed repairs twice, costing $29 each time. after four years, megan got a new tv. what was the lifetime cost of megan’s tv? (remember that one in every four years is a leap year.)
a. $357.68
b. $318.66
c. $347.66
d. $351.65
please select the best answer from the choices provided a b c d
Hence option C is the correct option.
The Megans TV has a lifetime cost of $347.66.
The basic price of Megan's TV was $189, and the sales tax was 6.88%.
Converting 6.88 % in to decimal form.
= 0.0688
Sales tax price = 0.0688 × Base price
= 0.0688 × 189
= $ 13 (Approx)
The TV used an average of $0.06 per day in power over the following four years.
365 days make up a year, while 366 days make up a leap year.
So,
Electricity consumed in 4 years = Average electricity × (3× Number of days in one years + Number of days in a leap year )
= 0.06 × ( 3 × 365 + 366)
= 0.06 × (1095 + 366)
= 0.06 × 1461
= 87.66
Additionally, it required two $29 repairs that were required.
Repair cost = 2 × Cost of repair
= 2 × 29
= $58
Further,
Lifetime cost of the Megans TV = Base cost + Sales price cost + Electricity consumed in four years + Repair cost .
Substituting the above value in above equation we get,
Lifetime cost of the Megans TV = $189 + $13 + $87.66 + $ 58
= $ 347.66
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how did innovations in industry, transportation, and communications affect the nature of work in American society
The early-nineteenth-century economic development of America was related to substantial changes in transportation networks. The construction of roads, canals, and railroads expanded markets, increased people'sWhat is the importance of mobility, and transformed the physical environment.
What is the importance of industry, transportation, and communications in American society?The industry is a significant source of new employment growth. Despite the country's economic crisis, with the industry suffering the most, it continues to play a vital part in the country's growth.For millions of Americans, it is a lifeline that connects them to people, places, and opportunities. It also helps to develop vibrant communities, jobs reduce transportation congestion, and promote a cleaner environment. Investment in public transportation benefits both the local and national economies.It is necessary to communicate in order to express oneself. It also meets one's requirements. To develop in one's job, excellent communication is required. Effective communication skills may help you understand people and be understood in your daily life by easing your path and interactions with others.To learn more about communication, click
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What are the main purposes of a budget select three?
Budgeting is beneficial since it aids in keeping track of previous income and expenditures, planning for future revenue and expenditures, and balancing resources and costs.
Possibilities include:
1. to keep track of recent revenue and expenses
2. to obtain a bank loan for education
3. to prepare financial plans for the future
4. to submit a loan application
5. to balance costs and available resources
Typically, a budget is described as a written stated plan for estimating revenues and spending based on a defined future time period with periodic re-evaluation.
The same is true for government budgets and individual budgets. In business, a budget serves as a yardstick to assist organizations plan their operational operations and set spending plans based on income and costs.
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Explain why designers might make an ethical decision to use
- Recycled components
- Biodegradable packaging
- Fairtrade materialsImmersive Reader
(6 Points)
for GCSE revision I need a full answer worth 6 marks
The reason why designers may make ethical decisions to use
Recycled components in their designs to reduce the amount of waste and pollution in the environment. Using recycled materials conserves natural resources, reduces the energy needed to produce new materials, and helps to decrease the amount of waste in landfills.Biodegradable packaging breaks down easily in the environment, reducing the amount of waste and pollution.By using fairtrade materials, designers are supporting fair wages and working conditions for the individuals who produce the materials. Additionally, fairtrade materials are often produced in a sustainable and environmentally friendly way, reducing the impact on the environment.Overall, designers may make ethical decisions to use recycled components, biodegradable packaging, and fairtrade materials to reduce their impact on the environment, support fair labor practices, and promote sustainable production methods. Biodegradable packaging is another ethical decision that designers may make as it is a more sustainable alternative to traditional packaging materials.
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Why should you make a personal investment plan?
A. To keep your money as safe as possible
B. To avoid financial risk
C. To meet your personal financial goals
D. To make the most money possible
Answer:
to meet your personal financial goals
Explanation:
The ELLA Distributing Company issued a bond with a nominal yield of 5%. The bond matures in 12 years and is currently trading at 94. The bond's yield to maturity is closest to A) 5.67%. B) 5.00%. C) 4.64%. D) 5.32%.
The ELLA Distributing Company issued a bond with a nominal yield of 5%. The bond matures in 12 years and is currently trading at 94. The bond's yield to maturity is closest to A) 5.67%.
To calculate bond's yield:
[annual interest + (discount divided by the number of years to maturity)] divided by the average price of the bond
Plugging in the numbers, we get a numerator of $50 + ($60 divided by 12 years) = $50 + $5 = $55. The denominator is ($940 + $1,000) divided by 2 = $1,940 divided by 2 = $970. Solve by dividing $55 by $970 and the answer is 5.67%.
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Who controls the economy in communism ?
In a communist society, the economy is centrally planned and controlled by a single party, usually the communist party. This party decides what is produced, how much is produced, where it is produced and how it is distributed.
All economic decisions are made in accordance with the overall goals and objectives of the Communist Party. The party is responsible for setting goals for production, what resources will be used, and how products will be distributed. The party also sets standards for quality, safety and environmental protection. As the sole controller of the economy, the Communist Party has the power to decide how resources will be allocated to various sectors and how much wealth should be redistributed to help the needy.
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Which of the follow is NOT a good place to gather and evaluate investment options?
a Social Media
b Newspapers and magazines
c Brokers and advisers
d Company financial reports
A labor efficiency variance resulting from the use of poor-quality materials should be charged to:
A. the production manager
B. the purchasing agent
C. manufacturing overhead
D. the marketing department
(B.) the purchasing agent, The buying agent should be charged for a labor efficiency difference brought on by the use of subpar supplies.
When selecting suppliers and products, purchasing agents and buyers take into account pricing, quality, availability, dependability, and technical support. Buyers and purchasing representatives purchase goods and services for businesses to utilize internally or to market. They examine the quality of the items, negotiate contracts, and assess suppliers. A buyer may also be referred to as a purchasing agent. procurement representative. Purchaser's representative. The coordinated procurement of products and services on behalf of the buying body is known as purchasing. To guarantee that necessary materials are supplied quickly and affordably, purchasing actions are required.
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in north dakota, a producer collecting premiums from clients for his own personal use is engaging in a
In North Dakota, a producer collecting premiums from clients for his own personal use is engaging in a larcenous activity. Hence, option (a) can be considered as correct.
Give a brief account on types of premium.Price premium : A premium is a price that exists above a certain kind of basic value, and such assets or items are said to be trading at a premium. Increased demand, a constrained supply, or expectations of rising value in the future can all cause assets to trade at a premium.Options Premium : Options premiums are what it costs to purchase an option. Option holders (owners) have the option to buy or sell the underlying financial instrument at a set strike price, but they are not required to do so. A bond's premium takes into account changes in risk factors or interest rates since the bond's issuance. Insurance Premium : The money the insurer receives for taking on the risk of a payout should an occurrence that triggers coverage is included in the premiums for insurance. A sales agent's or broker's commissions may also be included in the premium. Homeowners', health, and auto insurance are the most popular forms of protection. Many different types of insurance require premium payments, including health, homeowner's, and rental insurance. Automobile insurance is a typical example of an insurance premium.To know more about, insurance premium, visit :
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The complete question is mentioned below :
In North Dakota, a producer collecting premiums from clients for his own personal use is engaging in a
Larcenous activity
Capital practice
Coercive practice
Rebating activity
What are the 4 types of advertising?
The four different types of advertising are native advertising, mobile advertising, video advertising, and display advertising. Display, video, native, mobile, and social advertising will all be defined in this article.
What are the five types of advertising?Here, we'll discuss each of the five types of advertising in more detail so you can decide which one will be most effective for your marketing efforts. As we describe display, video, native, mobile, and social advertising in this post, we'll also go over all the advantages they can have for your business. As long as people have communicated and exchanged goods and services, there has been word-of-mouth marketing. The most successful type of advertising is thought to be word-of-mouth.
Strong credibility, heightened audience focus, and favourable audience response are all present and correct. To promote a company's brand, institutions advertise. Consumer demands and requirements, cost to meet, ease of purchase, and communication make up the new 4Cs, which will replace the traditional 4Ps of marketing (Lauterborn, 1990).
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Aggregate Demand and Aggregate Supply - End of Chapter Problem Suppose an economy is in its long-run macroeconomic equilibrium when an oil shock shifts the short-run aggregate supply curve to the left resulting in a recessionary gap. a. How do the aggregate price level and aggregate output change in the short run as a result of the oil shock?
As a result of the oil shock, the aggregate price level ____ and the aggregate output___ This phenomenon is known as ____
a) The short-run aggregate supply curve is left-shifted in response to an oil shock. The decline in overall supply drives up prices and boosts unemployment. High unemployment accompanies high inflation in the economy. Stagflation is the name for this circumstance. The oil shock causes an increase in overall prices and a drop in overall output. Stagflation is the name given to this occurrence.
b.1) The government may implement an expansionary fiscal or monetary policy to offset the supply shock. The expansionary monetary or fiscal policy causes a rightward shift in the aggregate demand curve. This results in full employment and a rise in real GDP.
With real GDP at Yf and prices at PL, the aforementioned figure demonstrates that the economy is in long-term equilibrium. The short-run supply curve from SRAS to SAS1 moves to the left due to the negative supply shock. As a result, real GDP shrank to Y1 and prices rose to PL1. The negative output gap results in high prices and significant unemployment. As a result, the economy experiences both inflation and unemployment at the same time, which is referred to as stagflation.
The government conducts an expansionary fiscal or monetary policy to counter the effects of a supply shock. Such a measure causes the aggregate demand curve to change from AD to AD1 to the right. While the price level rose from PL1 to PL2, the actual GDP climbed to Yf.
b.2) The government uses a contractionary fiscal or monetary policy to lower the level of prices. A policy like this causes AD1 AD's aggregate demand curve to shift to the left. Real GDP fell from Yf to Y1, whereas the price level fell from PL2 to PL1.
The government can employ expansionary fiscal or monetary policy to return the real GDP to potential output. The government can implement contractionary fiscal or monetary policies to return the overall price level to its initial value.
c) The twin objectives of policymakers are to maintain price stability and full employment. However, a negative supply shock raises prices and unemployment. The price level rises as the unemployment rate declines. As prices are coming down, unemployment is rising.
Therefore, the challenge facing policymakers in the event of a negative supply shock is that they are unable to simultaneously attain price stability and full employment.
It is unable to attain both its twin objectives of price stability and full employment at once.
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The complete question is:
Aggregate Demand and Aggregate Supply - End of Chapter Problem Suppose an economy is in its long-run macroeconomic equilibrium when an oil shock shifts the short-run aggregate supply curve to the left resulting in a recessionary gap. a. How do the aggregate price level and aggregate output change in the short run as a result of the oil shock?
a) As a result of the oil shock, the aggregate price level ____ and the aggregate output___ This phenomenon is known as ____
b. What fiscal or monetary policies can the government use to address the effects of the supply shock? Use a diagram that shows the effect of policies chosen to address the change in real GDP. Use another diagram to show the effect of policies chosen to address the change in the aggregate price level.
To bring the real GDP back to potential output, the government can use fiscal or monetary policy. (contract/ expansion)
To bring the aggregate price level back to its original level, the government fiscal or monetary policies. (expansionary/ contractionary)
c. Why do supply shocks present a dilemma for government policymakers?
1. If the government reduces inflation, unemployment worsens further.
2. Policies used to alleviate one problem work by worsening the other one.
3. If the government reduces unemployment, the price level increases further.
4. It cannot simultaneously achieve its twin goals of price stability and full employment.
The Floor Broker holds an order to buy an option contract from 1 customer at the market; and an order to sell the same contract from another customer at the market. The Floor Broker could not execute the orders in the open market; and therefore, executed the orders by matching them. This practice is known as:
Crossing is the term for this behavior. The Floor Broker fulfilled the orders by matching them as he was unable to carry them out in the open market.
Which of the following statements most accurately depicts an order to purchase or sell while the floor broker utilizes his judgment to carry it out?Orders marked "Not Held" provide the floor broker the flexibility to execute the order at a time that gets him the greatest price.
All orders can floor brokers accept?They are capable of carrying positions. Only floor brokers and order book employees handle trading on the options exchanges. They execute orders received from the public but do not trade for their own accounts.
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recent research shows that approximately __ of consumers search for and purchase a low prices product using an in store shopping app
Before making a purchase, 81% of retail customers investigate products online. Online research is where the vast majority of retail customers begin their journey (Source: GE Capital Retail Bank).
What proportion of consumers buy things online?More than 75% of consumers purchase online at least once every month. It makes sense that more than 75% of people buy online at least once a month as their desire for convenience grows.
How many people shop online for clothing?To date, 69% of Americans have made an online purchase, and 25% of them do it at least monthly. The bulk of these customers (59%) purchased clothing goods, while 47% made their first Amazon purchase.
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Marketing is not just for businesses selling their products and services, but also for government to promote their jurisdictions as prime locations for business. True False
Marketing is used by governments as well as enterprises to advertise their jurisdictions as desirable areas for doing business. (TRUE)
What is Business, Really?An organization that conducts business, industry, or professional activities is referred to as a business. Coordination of some sort of economic production is the aim of a business (of goods or services). Businesses can be profit-oriented businesses or charitable groups promoting a good cause. Businesses range in size and reach from modest local startups to vast international giants.
Business also refers to a person's activities and endeavors that generate and market goods and services for a profit.
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Refer to the data in the corresponding table to answer the following three questions.
Year Nominal Interest Rate Real Interest Rate Inflation Rate 2008 5% --- 9%
2009 5% 3% ----
2010 --- 3% 3%
What was the Real Interest Rate in 2008? Number ___ % What was the Inflation Rate in 2009? Number ___ % What was the Nominal Interest Rate in 2010? Number ___ %
The rates were the lowest they had ever been in the Bank's more than 300-year history by March 2009 due to the financial crisis and severe economic recession of 2008–2009.
How do you calculate the real interest rate?You deduct the inflation rate from the nominal interest rate to arrive at the real interest rate. In terms of mathematics, we would say that the real interest rate is equal to the nominal interest rate less the inflation rate.
The term "nominal interest rate" refers to the interest rate before accounting for inflation. The term "nominal" can also be used to describe the advertised or stated interest rate on a loan that is not adjusted for fees or interest that have already been compounded.
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What are the 4 purposes of advertising?
Advertising's main goals are to educate consumers about a company's goods, persuade them that they are the best, and improve the company's reputation.
What are the 4 types of Advertising?Advertisements on display, in video, on mobile devices, and in native languages. Information, persuasion, and remembrance are the three major goals of advertising. Therefore, be sure that it serves these three objectives anytime you are developing an advertisement for your brand. Therefore, the following five advertising guiding concepts can be summed up: Identify the target audience's relevance. Display differentiation from the opposition. By using a product feature or usage, establish credibility. increase consumer knowledge.
Use the appropriate touch points to execute. A 21st-century marketing mix can instead consist of the 4Ms : merchandise, market, media, and message. Customer, cost, convenience, and communication make up the marketing "4 C's." These four criteria decide whether a business will eventually prosper or fail. Any marketing plan revolves around the consumer.
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Selecting a job based on your skills and interests is important, because on average, a person with a full time job works approximately _____ hours each year.a.1200b.1600c.2000d.2400 Please select the best answer from the choices providedABCD
Selecting a job based on your skills and interests is important, because on average, a person with a full time job works approximately 2000 hours each year.
Your choices for work activities and settings are reflected in your career interests. You may make a better educated and smart career selection by determining your professional interests. By choosing a job that utilizes your skills and is consistent with your beliefs and preferences, you are following your career interests. Simply simply, you're discovering regular activities that you love. It's crucial to periodically review your professional assets because your interests in a field may change over time. For instance, you could uncover a passion you weren't aware you possessed or one you haven't had a chance to pursue yet. Interests in a career are significant since they reveal your choices for a workplace. There are several advantages to coordinating your profession with your hobbies.
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The savings, interests, and other assets a borrower has that can be used to pay back the loan are collectively known as:
Capital refers to all the resources a borrower has that can be utilized to repay the loan, including savings, interest, and other assets.
A loan occurs when one or more individuals, businesses, or other entities lend money to additional individuals, businesses, or other entities. The recipient frequently has to pay interest charges until the debt is repaid in addition to the money borrowed. The principal amount owed, the interest rate charged by the lender, and the payment due date are frequently included in the documentation establishing the debt. The subject asset will temporarily be split between the lender and the borrower as part of the loan. The payment of interest is what prompts the lender to approve the loan. A formal loan upholds all of these standards and conditions.
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Sam Slezee was found to be providing mortgage loan origination services without a state license. A temporary order to cease and desist engaging in such activities was issued against Sam. While under the order, Sam completed three transactions. What is the maximum fine a state licensing agency may impose on him
$75,000 is the maximum fine a state licensing agency may impose on him.
Which of the following may be an indication of predatory lending?
Loans with high interest rates, excessively high hidden costs, loans with ambiguous terms, and other predatory lending practices are a few examples. Typically, predatory lenders prey on weaker customers, locking them into debt cycles that can result in foreclosure and even bankruptcy.
The individual or business that only engages in real estate brokerage activity is the correct response. A loan originator is not deemed to engage in real estate brokerage activities.
Which of the following best describes the cost of credit as a monetary sum?
Finance Charge: The cost of credit represented in dollars; this is the total interest and other fees you will pay over the course of a loan, assuming you make all payments on time.
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The following data is provided for Garcon Company and Pepper Company. Garcon Company Pepper Company Beginning finished goods inventory $12,600 $16,900 Beginning work in process inventory 17,600 21,600 Beginning raw materials inventory 7,700 10,650 Rental cost on factory equipment 28,500 23,050 Direct labor 23,000 39,800 Ending finished goods inventory 18,500 14,100 Ending work in process inventory 26,500 19,800 Ending raw materials inventory 6,800 7,600 Factory utilities 12,300 17,750 Factory supplies used 13,000 4,400 General and administrative expenses 31,000 59,500 Indirect labor 2,450 9,580 Repairsâ€"Factory equipment 6,860 3,700 Raw materials purchases 37,000 66,000 Selling expenses 51,200 48,700 Sales 238,530 337,510 Cash 29,000 17,200 Factory equipment, net 217,500 118,825 Accounts receivable, net 16,800 24,200 Compute the total prime costs for both Garcon Company and Pepper Company
We need to know how much raw material is consumed and how much is spent directly on paying employees in order to compute prime cost.
What is the formula for total prime cost?We need to know how much raw material is consumed and how much is spent directly on paying employees in order to compute prime cost.The formula is: Raw Materials + Direct Labor = 7500 + 3200 = 10700 Crore. In the example above, let's say the corporation pays 3200 toward direct labor costs out of the total direct expenditures.Returning to our prime cost formula, here are some more details:CoGS plus total labor costs equals prime cost.Direct materials consumed along with direct labor costs are utilized to compute prime costs.The direct labor expensed plus the manufacturing overhead expensed are used to compute conversion costs.As a result, both prime and conversion expenses include the direct labor that was used.According to the statement, prime cost sums are used for "the amounts of work whose size is recognized, but whose specification has not yet been established."
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Melody is a full-time employee in Sioux City, South Dakota, who earns $4,600 per month and is paid semimonthly. She is married filing jointly and has indicated checkbox withholding allowance (use the wage-bracket tables). She has a qualified health insurance deduction of $50 per pay period and contributes 3% to her 401(k), both of which are pre-tax deductions. What is her net pay
Melody works full-time and makes $4,600 a month in Sioux City, South Dakota (paid semi-annually).
The deduction for health insurance is $50 every pay period.
Contribution = 3% to her 401(k).
Semi-monthly payment = Monthly Payment / 2
Semi-monthly payment = 4600 / 2 = $2300
Earnings before tax = Revenue from semi-monthly earnings – Deduction in health insurance
Earnings before tax = $2300 - $50 = $2250
6.2% for social security and 1.45% for Medicare is the FICA tax rate.
7.65% is the overall FICA tax rate.
Value of Tax rate:
Social Security = 6.2% * Earnings before tax
Social Security = 6.2% * $2250 = $139.50
Medicare tax = 1.45% x Earnings before tax
Medicare tax = 1.45% x $2250 = $32.63
Contribution = 3% of 401(k)
⇒ Semi-monthly earnings x 3% of the contribution
Contribution = $2300 x 3% = $69.
Taxable earnings = Semi-monthly earnings – Deductions in health insurance – contribution
Taxable earnings = $2300 - $50 - $69 = $2181
$164 is the amount of income tax withheld (the amount would be deducted in one withholding allowance, which would be between $2162 and $2182).
Net pay = Taxable earnings - Social security tax - Medicare tax – Withholding income tax
Net pay = 2181 - 139.50 - 32.63 - 164 = $1844.87
Therefore, the Net pay is computed at $1844.87
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Should a competitive firm ever produce when it is losing money? Why or why not? A. Yes, as long as revenue can cover total variable costs plus any portion of fixed costs B. No, the firm should shutdown if it is making an economic loss. C. No, the firm should shutdown if it is making an accounting loss. D. Yes, as long as revenue can cover some portion of total variable costs.
Yes, Should a competitive firm ever produce when it is losing money beacuse as long as revenue can cover total variable costs plus any portion of fixed costs.
Fixed costs are expenses that remain constant regardless of whether sales or number of products rise or fall. This is so as they aren't involved in the actual process of producing a something or providing a service. Expenses are therefore regarded as indirect costs. Housing costs, rent, salary, and the expenditure for benefits for semi and management staff are examples of fixed rate. The income statement that follows demonstrates how overheads are included in profit before interest or taxes and affect the net income of a factory.
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Ram Roy’s firm has developed the following supply, demand, cost, and inventory data. Allocate production capac- ity to meet demand at a minimum cost using the transportation method. What is the cost? Assume that the initial inventory has no holding cost in the first period and backorders are not permitted.
Supply Available:
Period Regular time Overtime Subcontract Demand forecast 1 30 10 5 40
2 35 12 5 50
3 30 10 5 40
Initial inventory 20 Units
Regular time cost per unit $100
Overtime cost per unit $150
Subcontract cost per unit $200
Carrying cost per unit per month $4
The total cost is = $13260. Here, we want to keep supply costs as low as possible given the total demand. Inventory on hand is 20 with a total demand forecast for three periods of 140.
Period 1: Demand for Period 1 is 40 units, Production for Period 1 is 30 Regular + 20 Inventory = 50 units, and Inventory after Period 1 is 10 units. Cost for Period 1 is $30*$100, which is $3000, and Inventory Carrying Cost from Period 1 to Period 2 is $10*$6, which equals $60.
Period 2: Demand for Period 2 is 45 units, Production for Period 2 is 30 Regular + 10 Inventory + 5 Overtime = 45 units, and Inventory after Period 2 is 0 units. Cost for Period 3 is $3800 (30*$100 + 5*$160). From Period 2 to Period 3, the cost of carrying inventory was $0.
Period 3: Demand for Period 3 = 55 units, Production for Period 3 = 40 Regular + 15 Overtime = 55 units, and Inventory after Period 3 = 0 units
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Lovely Lawns, Inc., intends to use sales of lawn fertilizer to predict lawn mower sales. The store manager estimates a probable six-week lag between fertilizer sales and mower sales. The pertinent data are:
Period Fertilizer
Sales
(tons) Number of
Mowers Sold
(six-week lag) Period Fertilizer Sales
(tons) Number of
Mowers Sold
(six-week lag)
1 1.6 10 8 1.3 7 2 1.3 8 9 1.7 10 3 1.8 11 10 1.2 6 4 2.0 12 11 1.9 11 5 2.2 12 12 1.4 8 6 1.6 9 13 1.7 10 7 1.5 8 14 1.6 9 a. Determine the correlation between the two variables. Does it appear that a relationship exists between these variables will yield good predictions? (Do not round intermediate calculations and round your answer to 3 decimal places.)
r = , it appears that a (Click to select) negative positive relationship exists between these variables.
b. Obtain a linear regression line for the data. (Negative values should be indicated by a minus sign. Do not round intermediate calculations and round your answers to 3 decimal places.)
Y = + Xi
c. Predict expected lawn mower sales for the first week in August, given fertilizer sales six weeks earlier of 2 tons. (Round your answer to the nearest whole number.)
Expect mowers to be sold in the first week of August.
Regression analysis is a statistical method for connecting a dependent variable to one or more independent (explanatory) variables.
How to calculate the regression equation?a. Track down the graph attachment.
b.
Mowers for Fertilizer
x y
1.4 9 1.96 81 12.6
1 7 1 49 7
1.5 10 2.25 100 15
1.8 12 3.24 144 21.6
2.1 13 4.4 116 27.3
1.5 7 2.25 49 10.5
1.35 5 1.69 25 6.5
1.2 5 1.44 25 6
1.6 8 2.56 64 12.8
1.3 7 1.69 49 9.1
1.6 11 2.56 121 17.6
1.3 9 1.69 81 11.7
1.4 10 1.96 100 14
1.8 12 3.24 144 21.6
Σ =20.8 125 31.94 1201 193.3
x = 1.486
y = 8.929
193.3 EXY-nXY (149.486 -1.486)
7.31405 is the result of using the formula b = 9 = 31.94 - (14 * 1. 486 * 1 A86)
X2 - 7.31405
Excel was used to calculate the result: a =Y - bX = 8.929 - 7.31405 *1.486 = -1.938017
Y = a + bx = -1.93802 + 7.31405x
Utilizing the formula, c
Y = a + bx = -1.58678 + 7.033058x
= 14.8843
Forecasting in Excel
14.58926 was predicted.
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19) The 1997 value of an object was $9500. In 2012, it was worth $5000. The annual percent of decrease has been constant. What is the annual percent of decrease
A) The annual decay percentage has remained constant. the annual decay rate of 4.37 percent.
How is the annual decay rate calculated?A percentage is used to represent the decay rate. By simply dividing the percent by 100, we convert it to a decimal. The decay factor b = 1-r must then be determined. For instance, the exponential function's decay rate is 0.25 and the decay factor b = 1- 0.25 = 0.75 if the rate of decay is 25%.
How are annual growth and decay rates calculated?The initial population, the growth rate, and the time can all be used to model population growth using the formula P = P 0 r t. The formula for the exponential decay function is f (x) = a (1 r) x, where is the starting amount and is the decay rate.
If the annual rate of decay is k,
then A2 is equal to A1(1 + k)-n
5000 = 9500(1 + k)-(2012 - 1997) = 9500
(1 + k)-15 (1 + k)-15 = 5000/9500 = 0.5263
-15 log(1 + k) = log 0.5263
log(1 + k) = log 0.5263 / -15 = 0.0186
k = 1.0437 - 1 = 0.0437 = 4.37%.
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Full Question = The 1997 value of an object was $9500. In 2012, it was worth $5000. The annual percent of decay has been constant. Solve for the annual percent of decay. A. 4.37% B. 3.19% C. 2.19% D. 1.19%.
With the accrual basis of accounting, it is appropriate to recognize revenue from a credit sale
a. on the date of the sale.
b. on the date the account is collected in full.
c. each time a payment on an account balance is received.
d. either on the date of the sale or when the amount of the sale is collected.
It is appropriate to recognise revenue from a credit sale on the day of the sale when using the accrual method of accounting. The business will acknowledge that the income is earned once they have finished the service or sent the product, even though they may not pay the amount due right away.
How do you use appropriate?
I didn't think it was right to introduce myself to you.
The music he picked couldn't have been more appropriate.
I ought to get appropriate clothing if I wish to sunbathe.
I wasn't sure what sort of clothing would be appropriate for the restaurant.
Finding the proper luggage took a long time.
I've distributed a list of the relevant states.
Without knowing how to respond, he found himself staring down at her glass.
After taking the necessary notes, Fred enquired as to who was present when the knife vanished.
I'll get in touch with him/her when it's right.
The topic of clothing came up, including Jennifer's dress shop on the west coast and Cynthia's search for the perfect wedding dress for the mother of the groom.
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farmer bill sella potatoes at the farmers marketFarmer Bill sold potatoes at the farm market. He sold a quarter to the first person, 4/9 of what was left to the second person, and the third buyer bought 4/5 of what was left and the last 10 lb. How many pounds of potatoes farmer Bill sold
The farmer Bill sold 120 pounds of potatoes at the farm market. He made his last transaction of 50 pounds when he sold "4/5 of what he has left, plus the remaining 10 pounds."
What does the term "farmers market" mean?Farmers' markets allow farmers to interact personally with their customers, give consumers access to locally grown, farm-fresh fruit, and foster consumer loyalty to the farmers who raise the product.
With x pounds of potatoes, he begins.
After selling a quarter of them, he is left with (3/4)x pounds.
He then sells 4/9 of what is remaining in his possession, leaving him with 5/9. He has 5/9 of (3/4)x pounds remaining, or (5/12)x pounds.
He made his last transaction of 50 pounds when he sold "4/5 of what he has left, plus the remaining 10 pounds."
(5/12).x = 50
x= 120
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Last year, Kingston Inc. experienced the following results: Out of 2 million orders processed, 10,000 orders were delivered late, 15,000 orders were incomplete, 5,000 orders were damaged, 20,000 orders were billed incorrectly. These 50,000 failures were spread across 40,000 orders (some orders had multiple issues). What is the percentage of perfect orders
The percentage of perfect orders is computed at 98%
A proportional unit is a percentage. A percentage is a figure or ratio stated as a fraction of 100 in mathematics. Although the abbreviations "pct.", "pct.", and occasionally "pc" is also used, the percent symbol, "%," is frequently used to indicate it. A % is a number without dimensions and without a standard measurement. The ratio's numerical value is multiplied by 100 to obtain the percent value.
Calculation of percentage of perfect orders:
⇒ [(orders processed - failures) / orders processed] * 100
⇒ [(2,000,000 - 40,000) / 2,000,000] * 100
⇒ [1,960,000 / 2,000,000} * 100
⇒ (196 / 200) * 100
⇒ 0.98 * 100
Therefore, the percentage of perfect orders = 98%
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