She has child at home. her employer allows her to telecommute for a week, so she can work from home, set her own hours, and complete most of her work
Hence, option B is correct.
What do you mean by Telecommute?
Telecommuting is an opportunity as well as the ability of an employee to complete work assignments from outside the workplace by using telecommunications tools such as email, phone, and apps. It requires in person office Attendance sometimes
It provides
The flexibilitybalanced work-home life improve employee morale. Reduced operational costs Reduced expenses for employees.Easier to focus.Hence , She has child at home. her employer allows her to telecommute for a week, so she can work from home, set her own hours, and complete most of her work
Hence, option B is correct.
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if aggregate demand in the economy has soared so high that firms in the economy are not capable of producing additional goods, because labor and physical capital are fully employed, then __________.
If aggregate demand in the economy has soared so high that firms in the economy are not capable of producing additional goods, because labor and physical capital are fully employed, then additional increases in aggregate demand can only result in a rise in the price level.
Combination demand is calculated because of the sum of purchaser spending, funding spending, authorities spending, and the difference between exports and imports. Whenever such elements adjust and when the mixture supply stays steady, then there may be a shift in aggregate demand.
A combination call is the sum of four components: intake, investment, government spending, and net exports. Consumption will trade for a number of motives, including moves in profits, taxes, expectancies approximately future income, and changes in wealth tiers.
Adjustments in authorities' spending and tax fees can be useful for influencing combination demand. Different coverage tools can shift the aggregate demand curve as well. For instance, the Federal Reserve can have an effect on hobby costs and the provision of credit scores.
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running a deficit during recessions offset by a surplus during expansions would be which type of budget?
cyclically balanced budget running a deficit during recessions offset by a surplus during expansions.
Having more of something than you need or intend to use is known as having a surplus. For instance, if you prepare a meal and there is food left over after everyone has eaten, you have a surplus. You have three options: discard the food, store it, or look for a neighbor or other potential consumer.
A $3 billion deficit exists in the government. The federal budget deficit will be decreased. The team won the game despite trailing by four points. Her left ear suffers from a slight hearing loss.
The general definition of deficit is when the balance between positive and negative amounts is negative,
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all of the following are benefits of socially responsible activities except . a enhanced company image b money spent for wellness program may reduce company profits c . reduced need for government regulations d improved quality of life
All of the following are benefits of socially responsible activities except Money spent for wellness programs may reduce company profits.
Quizlet: What is social responsibility?Social responsibility: A company's duty to pursue strategies, choose options, and take measures that advance society.
What is social responsibility, and what are at least two major types of it?A company has an obligation to promote the welfare of a community as part of its social responsibility. The preservation of the environment and worker welfare are two broad categories.
Do the majority of the products and services you consume come from the US government?The US government offers the majority of the products and services you consume. State governments own and run all public utility businesses. When a company controls the market for a good or service, there is a monopoly. Revenue is the name for government income.
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project documents are organized and archived in the
Answer:
closing phase
Explanation:
Project management
The closing phase is the final phase of any project lifestyle.
the manufacturing cost of an appliance is given by where x is the cost of parts and y is the cost of labor. the company currently spends $10 on parts and $20 on labor. use differentials to approximate the change in cost if the company begins spending $10.75 on parts and $20.50 on labor.
The cost increases by $310 if the cost of parts will be $10.75 and labor will be $20.50.
M(x,y) = 10[tex]x^{2}[/tex]+16[tex]y^{2}[/tex]- 8xy+150
differentiating with respect to time "T"
[tex]\frac{dM}{dT}[/tex] = 20x[tex]\frac{dx}{dt}[/tex] + 32y[tex]\frac{dy}{dT}[/tex] - 8y[tex]\frac{dx}{dT}[/tex]- 8dy/dt
Here, x= 10, y= 20
[tex]\frac{dM}{dT}[/tex] = 0.75, [tex]\frac{dy}{dT}[/tex]=0.50
[tex]\frac{dM}{dT}[/tex]= (20×10)(0.75) +(32×20)(0.5) -(8×20)(0.75) - (8×10)(0.5)
= 150 +320-120-40
= $310
Production cost is the sum of charges of all resources fed on inside the system of making a product. the producing value is classified into 3 classes: direct substances cost, direct hard work cost, and manufacturing overhead. it's far a thing in the overall shipping price.
Direct materials are the uncooked materials that come to be a part of the completed product. the production adds price to uncooked materials by making use of a chain of operations to maintain a deliverable product. there are numerous operations that can be implemented for uncooked substances together with welding, slicing, and portraying. it is crucial to distinguish between direct substances and indirect materials.
Manufacturing costs are the costs incurred all through the manufacturing of a product. those costs consist of the charges of direct material, direct labor, and manufacturing overhead. The charges are normally offered in the income assertion as separate line gadgets. An entity incurs these expenses all through the production system.
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for each of the following scenarios, determine which market structure best describes the scenario. scenario market model dozens of plain white socks producers use a widely known and readily available technology. only one pharmaceutical company has a government patent to sell an experimental drug. hundreds of colleges serve millions of students each year. the colleges vary by location, cost, and quality, which enables students to match schools to their preferences. three airlines providing the same service operate between san francisco and san diego. there are not enough travellers to share the route with a fourth airline without causing the average costs of the existing ones to rise.
The market structure which best describes the scenario are:
Scenario market model dozens of plain white socks producers use a widely known and readily available technology - Perfect competition.Only one pharmaceutical company has a government patent to sell an experimental drug – Monopoly.Hundreds of colleges serve millions of students each year. Colleges vary by location, cost, and quality, which enables students to match schools to their preferences. - Monopolistic competition.Three airlines providing the same service operate between San Francisco and San Diego. There are not enough travelers to share the route with a fourth airline without causing the average costs of the existing ones to rise - Oligopoly.In economics, market structure refers to the way firms are differentiated and categorized on the basis of types of goods they sell, and their operations are influenced by external factors and elements. Market structure enables the understanding of the characteristics of diverse markets. Economic market structures can be divided into four categories: perfect competition, monopolistic competition, oligopoly, and monopoly. Perfect competition refers to market structure where all companies sell identical products, firms can enter or exit without barriers, and buyers possess perfect information. Monopolistic competition occurs when many companies offer competing products or services that are similar, but not perfect substitutes. Oligopoly refers to a market structure in which a market is dominated by a small number of large sellers or producers. Monopoly is a market structure described by a single seller which is selling a unique product in the market.
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A company needs construction equipment to complete a project over the next 20 months. The equipment costs $10,000. Instead of purchasing the equipment with a 12% note, the company leases the equipment with payments of $300 due at the end of each month. For what amount would the company record the lease liability at the beginning of the lease?.
The correct answer is $5414
Lease liability = monthly lease payment * Present value annuity (1%,20) = 300 * ((1-(1.01)^-20)/.01) = 300*18.04555 = $ 5414. Thus the correct answer is $ 5414.
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an investor purchased an ncd a year ago in the secondary market for $980,000. she redeems it today and receives $1,000,000. she also receives interest of $30,000. the investor's annualized yield on this investment is group of answer choices 2.0 percent. 5.10 percent. 5.00 percent. 2.04 percent.
The investor's annualized yield on this investment is 5.10%
An investor is any person or other entity (such as a business or mutual fund) who invests money in the hope of making a profit. Investors depend on a variety of financial instruments to generate a rate of return and achieve crucial financial goals like saving for retirement, paying for a child's education, or simply accumulating more wealth over time. Typically, investors use their capital to make either equity or debt investments in order to generate returns. Investments in equity involve holding ownership stakes in the form of company stock, which can result in dividend payments in addition to capital gains.
Calculation of annual yield
Yield = (Future value - Purchase price + Interest)/Purchase price
= 1000000 - 980000 + 30000/980000
= 5.10%
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if goods are shipped fob shipping point, then the (purchaser/seller) is responsible for paying freight charges and the (purchaser/seller) will not include the merchandise in their inventory.
if goods are shipped fob shipping point, then the (purchaser) is responsible for paying freight charges and the (seller) will not include the merchandise in their inventory.
Merchandise is the time period used for any product that you can sell or buy. Any property on the market is merchandise, some examples include groceries in a grocery store, garments in a retail shop, electronics on an internet site, or uncooked substances in a manufacturing warehouse.
Merchandise is the word used to explain a product that may be offered or bought. All products stocked in a grocery store are merchandise that turned into bought from a manufacturer, to be offered to a consumer.
A merchandising company is one of the maximum commonplace types of agencies. A merchandising company is a commercial enterprise that purchases finished products and resells them to clients. Don't forget your neighborhood grocery shop or retail apparel shop. Both of those are vending corporations.
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mass media mass media drop zone empty. personal selling personal selling drop zone empty. direct marketing direct marketing drop zone empty. used to encourage first-time or repeat purchases buyers shopping in a retail store buyers of consumer products in which the number of buyers is potentially large
Personal selling is a two-way exchange of information between a buyer and a seller with the goal of swaying a decision to buy.
When a salesperson meets with a potential customer to close a deal, this is known as personal selling. A sequential sales process with typically nine steps is used by many salespeople. For all or a portion of the sales process, some sales representatives write scripts.
Personal selling is a type of sales technique where the vendor personally persuades the consumer to buy a specific good or service. The goal of the salesperson is to highlight various product qualities in order to demonstrate their value and persuade the consumer to purchase it.
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Which of the following observations would be consistent with the imposition of a binding price ceiling on a market? After the price ceiling becomes effective.
a)a smaller quantity of the good is bought and sold.
b)a smaller quantity of the good is demanded.
c)a larger quantity of the good is supplied.
d)the price rises above the previous equilibrium.
After the price ceiling becomes effective a smaller quantity of the good is bought and sold after the price ceiling becomes effective.
When a legally enforceable price cap is set at the ceiling price?
The quantity demanded exceeds the quantity provided as a result of the binding price ceiling, which causes the price to fall below the equilibrium price level. As a result, there is a market shortage.
When the government lowers the market price of an item or group of goods below equilibrium, this is known as a binding price ceiling. Typically, this causes the price to lock in the good or goods. The quantity of items that will be sold and purchased will be reduced, among other things, as a result of this condition.
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a manager pays $300 per month for landscape services for his restaurant grounds. which type of monthly other expense is the amount paid for landscaping? controllable, fixed controllable, variable non-controllable, fixed non-controllable, variable
For landscape maintenance on the grounds of his restaurant, a manager pays $300 each month. The cost of landscaping is a fixed, non-controllable other monthly expense.
An expense is something that calls for the transfer of funds, or fortune in general, from one person or group to another as payment for a good, a service, or another type of cost. Rent is a cost for a tenant. Tuition is a cost to either parents or students. Purchasing items like food, clothes, furniture, or a car is frequently referred to as an expense. An expense is a cost that is "paid" or "remitted," typically in return for something valuable. "Expensive" refers to something that appears to cost a lot. "Inexpensive" refers to something that appears to be cheap. "Expenses of the table" include costs associated with dining, refreshments, a feast, etc.
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Sera Corporation has made and recorded its quarterly income tax payments. After a final review of taxes for the year, the company Identifies an additional $34,000 of income tax expense that should be recorded. A portion of this additional expense. $5,100, is deferred for payment in future years. Prepare a journal entry to record Sero's year-end adjusting entry for income tax expense.
To have this charge appear on your income statement, you debit the relevant expense account for the amount you owe up until the end of the accounting month.
Prepare a journal entry ?To have this charge appear on your income statement, you debit the relevant expense account for the amount you owe up until the end of the accounting month.To show that you owe this money on your balance sheet, you credit the appropriate payables or liabilities account. Year-end adjustments are journal entries made to different general ledger accounts at the conclusion of the fiscal year to produce a set of books that adheres to the relevant accounting framework. Income tax expense is essentially the company's calculation of the amount of taxes it actually pays within a specific accounting period.It often occurs on the income statement's last line, just before the net income computation.Income tax expense Dr 34000
to additional exp 5100
to income tax 35100
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suppose that the reserve requirement in an economy is 0.10 and the total amount of excess reserves is 100 billion. what is the maximum possible total change in the money supply?
1000 Billion is the maximum possible total change in the money supply.
Considering the values given in the question,
Reserve requirement in an economy = 0.10
Total amount of excess reserves = 100 billion
We know that,
Money multiplier = 1/r
= 1/0.10
= 10
Then, maximum possible total change in the money supply = 10×100
= 1000 Billion
Therefore, The largest total change in the money supply that may occur is 1000 billion.
The total amount of money in circulation at a given moment is the money supply of an economy. Cash and its substitutes, such as coins, bills, and bank deposits, are examples of this. It is an important idea that has a big influence on a nation's finances and economy.
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Think of the bank you or your family uses. What are some things that are positive or negative about the bank? what are some questions you have that you would like to know?.
Banks have benefits. Public wealth is safe. Cheap Loans are available. Economy's propellant massive scale economies Rural area development. World Wide.Banks' shortcomings. Chances that a bank will fail.
A bank is a type of financial institution that lends money while also accepting deposits from the general public and generating demand deposits. The bank can carry out lending activities directly or indirectly through capital markets.
Most jurisdictions place a high degree of regulation on banks because they are crucial to both the financial stability and the economy of a nation. The majority of nations have institutionalized a system of fractional reserve banking, in which banks hold liquid assets that are only partially equal to their current liabilities. Banks are typically subject to minimum capital requirements based on an international set of capital standards, the Basel Accords, in addition to other regulations meant to ensure liquidity.
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Why did businesspeople and sugar planters in louisiana initially have reservations about seceding from the union?.
Many business people were unsure about this, but trade was essential to the state's economy because it connected markets in New Orleans with those in the north and abroad.
What is New Orleans?The composite city-parish of New Orleans is located along the Mississippi River in the southeast of the U.S. state of Louisiana. With a population of 383,997, it is the most populous city in Louisiana and the twelfth-most populous city in the Southeastern United States, according to the 2020 U.S. census. As a significant port, New Orleans is regarded as the country's Gulf Coast's larger economic and commercial center. World-famous for its distinctive music, Creole cuisine, distinctive dialects, and yearly celebrations and festivals, most notably Mardi Gras, New Orleans also has a rich cultural heritage. The French Quarter, which boasts Spanish and French Creole architecture and a thriving nightlife along Bourbon Street, is the city's historical core.
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what are capital expenditures, and how can they help a company achieve its long-term objectives? view instructor posts
Capital expenditures can fund repairs or modifications to existing supplies as long as the changes specify a complete benefit. In particular, capital payments on existent equipment are restricted to those that correct faraway supplies in accordance with the Internal Revenue Service.
Capital expenditure or capital expense is a person engaged in private ownership of a business an arrangement or an allied system spends to buy, maintain, or advance allure long-term assets, to degree construction, vehicles, supplies, or land.
Capital expenditures are fees fashioned for goods or duties that are written or capitalized on an association's financial statement including gains and losses for a period instead of expensed on the gains assertion. Spending is mainly for associations to maintain existent features and supplies, and to purchase new technology and added property for progress.
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which of the following statements best describes the principle of diversification? multiple choice concentrating an investment in two or three stocks will eliminate all of the unsystematic risk. concentrating an investment in three companies all within the same industry will greatly reduce the systematic risk. spreading an investment across multiple diverse companies will not lower the total risk. spreading an investment across many diverse assets will eliminate all of the systematic risk. spreading an investment across many diverse assets will eliminate some of the total risk.
Diversification in the market is known as a risk management strategy that minimizes the risk by allocating the investment in different instruments such as equity, bonds, etc.
So, spreading investment in many diverse assets will reduce some of the total risks in the overall portfolio.
A portfolio's investments are mixed together in a wide variety as part of the risk management strategy known as diversification. To reduce exposure to any one asset or risk, a diversified portfolio combines a variety of different asset classes and investment vehicles.
Diversification is influenced by a number of factors. These include the state of the economy, the attractiveness of the market or the business, the accessibility of labor resources, and governmental regulatory frameworks.
Capital allocation, asset allocation, and security selection are the three levels or steps of diversification according to conventional portfolio theory.
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andrew has $3,000 in credit card debt, which charges 14% interest. how many years will it take to pay off the card if he makes the minimum payment of $60 a month?
The time James needed to pay his $3,000 debt is approximately 75 months.
If you wish to find the unknown time in an investment problem, you need to consider the other given parameters in the problem. Usually, if time is unknown, the accumulated value, principal investment, and interests are given. You also need to know what type of investment is given.
We are given:
The accumulated value of
Amount of debt=$3,000
Interest rate of r=0.14
The accumulated value to be paid is $3,000
So,
A(t)=3000
James' initial payment is $60 per month.
P=60
James pays monthly we will divide the interest by 12.
60={[(0.14/12)×(3,000)]}/{[1−(1+(0.1412))^-t]}
We wish to find t, Computing for the value of t, we have
[1−(1+(0.1412))^-t]⋅60=[(0.14/12)×(3,000)]
60−60(607/600)^-t]=35
−60(607/600)^-t=−25
(607/600)^−t=2560
−t ln(607/600)=ln(25/60)
t=−ln(25/60)/ln(607/600)
t≈75
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If policymakers use a pollution tax to control pollution, the tax per unit of pollution should be set?.
Therefore, at the level of pollution that is economically efficient, the per-unit tax raised from pollution control must equal the marginal external cost.
What is pollution?The introduction of pollutants into the environment's natural systems results in negative change, which is referred to as pollution. Any material, whether solid, liquid, or gaseous, or type of energy, can be considered a form of pollution. The constituents of pollution, known as pollutants, might be either naturally existing contaminants or substances or energy that are not of our own making. Despite the fact that natural disasters can result in environmental contamination, the word pollution often suggests that the toxins are manmade, or that they came from human activity. Point source pollution and nonpoint source pollution are two common classifications of pollution. Nine million individuals worldwide lost their lives to pollution in 2015. A lack of discernible actual progress against pollution in 2019 meant that this remained the case. Of these earlier deaths, air pollution was responsible for 34 of them.
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true or false: as the years go by, the interest portion increases and the principal payment decreases. true false question. true false
The price of using credit is interest. This expense is determined by the applicable interest rate. Interest rates are influenced by supply and demand, just like most other commodities. The answer is False.
The cost of credit will rise In response to a rise in credit demand, which will result in higher interest rates. On the other hand, when loan demand declines, interest rates will go down.The assertion is untrue since a bond that pays fixed interest rate instalments will generally be worth more overall when the overall interest rate is lower.Bonds with set interest rate payments will be more in demand, whereas bonds with adjustable interest payments will be less popular. Because they are less hazardous, bonds with fixed interest rate payments typically have a greater face value than flexible bonds.Adding accrued interest to the principal balance through capitalization of interest results in an increase in the loan’s interest-bearing principal balance.This occurs when a balance of principal and unpaid interest is rolled over, raising the total amount due. It is the addition of unpaid interest to the loan’s principle amount.
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if inflation is higher than expected, then borrowers make nominal interest payments that are less than they expected. a. true b. false
Both the lender and the borrower are affected by this unexpected decline in inflation.the 1970s saw inflation When the decade began, inflation was significantly higher than most people had anticipated. The answer is True.
The unexpectedly increased inflation (with relation to their mortgages) benefited homeowners who received fixed-rate mortgages throughout the 1960s, while the banks that issued the mortgage loans lost money.Real interest rate is calculated as nominal interest rate minus inflation.Real interest rates will rise if the nominal interest rate is steady but the inflation rate declines. On the other hand, real interest rates will decline if the nominal interest rate is fixed but the inflation rate rises (and sometimes will even turn negative).According on the information in the question, it may be concluded that the lender would profit from a lower inflation rate in this situation. This is due to the fact that if there is less inflation, the money the borrower needs to repay the loan will not have the purchasing power he anticipated when he took out the loan.Consequently, he would have to make larger than expected payments to the lender.
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the farm credit system funds are acquired from ______.
The farm credit system funds are acquired from the sale of debt securities and international money markets.
The Farm Credit System in the United States is a civil network of borrower-possessed lending institutions and technical service organizations.
Congress established the Farm Credit System in 1916 to support pastoral communities with dependable credit and financially affiliated services. moment, it consists of a civil network of client-possessed fiscal institutions with guests in every state, Puerto Rico and, under certain conditions, U.S.territories.Credit is the capability to adopt plutocrats or access goods or services with the understanding that you will pay latterly.Learn more about credit here: https://brainly.com/question/25791968
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Disclaimer: The question is incomplete. Please read below to find the missing content.
The Farm Credit System funds are acquired from __________.
Local lenders
Mortgage-backed securities
Private investors
The sale of debt securities and international money markets
garden-grow products is considering a new investment whose data are shown below. the equipment would be depreciated on a straight-line basis over the project's 3-year life, would have a zero salvage value, and would require some additional working capital that would be recovered at the end of the project's life. revenues and other operating costs are expected to be constant over the project's life. what is the project's npv? (hint: cash flows are constant in years 1 to 3.) project cost of capital (r) 10.0% net investment in fixed assets (basis) $75,000 required new working capital $15,000 straight-line deprec. rate 33.333% sales revenues, each year $75,000 operating costs (excl. deprec.), each year $25,000 tax rate 25.0%
The project Npv of Garden grow product is $23,852.37
What's project NPV?Net present value( NPV) refers to the difference between the value of cash now and the value of cash at a future date. NPV in project operation is used to determine whether the expected fiscal earnings of a project will overweigh the present- day investment — meaning the project is a worthwhile undertaking.The net present value or net current worth applies to a series of cash overflows happening at other times. The present value of a cash inflow depends on the interval of time between now and the cash inflow. It also depends on the reduction rate. NPV accounts for the time valuation of money.
Evaluating projected npv :Depreciation per year = 75000/3
= 25000
Cash flow in year 0 = -75000-15000
= -90000
Profit before tax = sales - operating cost - depreciation
= 75000-25000-25000
= 25000
Tax = 35% × 25000
= 8750
Net income = 25000× (1-35%)
= 16,250
Cash flow in years 1 and 2 = net income + depreciation
= 16,250+25000
= 41,250
Cash flow in year 3 = 41,250 + 15000 (recovered from working capital)
= 56,250
NPV = -90000+41,250 ÷ 1.1¹ +41,250 ÷ 1.1² +56,250 ÷ 1.1³
= $23,852.37
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in long run equilibrium, economic profit for firms operating in a competitive market are: a. always positive. b. zero. c. always equal to accounting profit. d. always negative.
In long run economic equilibrium, economic profit for the firms operating in competitive market are always equal to accounting the profit.
What is an economic equilibrium?When supply and demand, for example, are balanced and there are no outside effects, there is economists refer to as economic equilibrium. In this condition, values of economic variables remain constant. Market equilibrium in this context refers to a situation where a market price is created through competition such that the quantity of goods or services sought by buyers. The quantity is referred to as the "competitive quantity" or the "market clearing quantity," and the price is frequently referred to as the competitive price or the "market clearing price". Although it takes the form of Nash equilibrium, the economic idea of equilibrium also applies to markets with imperfect competition.
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for a portfolio of n-stocks, the formula for portfolio variance contains group of answer choices n - 1 variance terms. n variance terms. n2 variance terms. n(n - 1)/2 variance terms.
The formula for portfolio variance has N variance terms for a portfolio of N stocks.
How can the variance of a portfolio with n assets be calculated?Before determining the portfolio variance by multiplying the squared weight of each security by its corresponding variance, the weighted average weight multiplied by the covariance of all individual security pairs is added twice.
What factors affect a portfolio's variance?The variance of a portfolio's return is, by definition, the expected value of the squared deviation of the actual return from the expected return of the portfolio. It is dependent on the probability distribution across world states (p), the potential asset returns (R), and the make-up of the portfolio.
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what is the fixed cost of production at jimmy's gigaplot factory?
$38 is the sum of the fixed costs and the variable costs; $13 is the fixed cost; and $25 is the total cost.
What is all out cost?
The sum of all costs incurred by a business to produce a certain amount of output is known as total cost. It's a sum of fixed and variable costs that product managers can use to figure out their overall profit margin.
How is the total cost calculated?
As a result, total cost is the sum of variable costs (VC) and fixed costs (FC), or TC = FC + VC = Kr + Lw.
How much did it all cost you?
In its simplest form, total cost (TC) refers to all costs associated with producing something or performing an activity. Variable costs and fixed costs make up the total cost in economics. Costs that change depending on how many goods or services you use are known as variable costs (VC).
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James is 14 and most of his peers have already started puberty, and he’s feeling left behind, labeled as a "late bloomer. " james may have an increased risk for what?.
James is 14 and most of his peers have already started puberty, and he’s feeling left behind, labeled as a "late bloomer". James has a higher risk of being bullied.
What does the term "bully" refer to?A domineering, browbeating individual Particularly: one who regularly treats people who are smaller, weaker, or otherwise vulnerable with cruelty, insults, or threats .Bullied by a nearby neighbourhood child.
What is the main concept behind Stomp Out Bullying?All students will benefit from the culture change efforts of STOMP Out Bullying. It aims to lessen and stop bullying, cyberbullying, and other forms of online abuse, dissuades racism, homophobia, and prejudice against LGBTQ+ people, and discourages violence in schools, online, and in local communities across the nation.
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a company budgets overhead cost of $8,832,500 for the next year. the company uses machine hours as its overhead allocation base. if 570,000 machine hours are planned for the next year, what is the company's plantwide overhead rate?
The response is $15.49 for each machine-hour.
What benefit does applying the plantwide overhead rate technique have?Advantages: more precise distribution of overhead expenses. improved control over overhead expenses. Specify the pertinent elements. Utilizing measurements relating to volume, the rate is calculated. This approach makes sense when overhead resources are used by distinct products in significantly diverse ways across many departments.
The estimated total overhead expense for the upcoming year is calculated as follows: 8,832,500 + 570,000 ($8,832,500 + 5,70,000) = $9,402,500
570,000 machine hours are expected in total.
The company's plant-wide overhead rate is calculated as follows: Overall projected machine hours (which serves as an overhead allocation base) / Expected total overhead cost for the following year = $8,832,500 / 570,000 = $15.49 per machine hour ( round to two decimal places).
So, the answer is $15.49 per machine hour.
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7. if the price is $40, what is the profit maximizing quantity for your firm? 8. calculate the total cost at the profit maximizing quantity. 9. calculate the profit or loss at the profit maximizing quantity. section 4: chart practice- assume that your oil filters are sold in a perfectly competitive market and that the current price is $12. use the information in the chart to answer the questions. 10. if the market price is $12, what is the profit maximizing quantity for your firm in the short run? 11. calculate the total revenue at the profit maximizing quantity. show your work. 12. calculate the average total cost (atc) of each oil filter at the profit maximizing quantity. show your work. 13. calculate the profit or loss at the profit maximizing quantity. show your work.
The profit maximization formula depends on profit = Total revenue – Total cost. Therefore, a firm maximizes profit when MR = MC
What is total revenue?Total revenue, also known as gross revenue, is your total revenue from recurring (MRR) and non-recurring revenue streams.In other words, it’s the total amount of income your company brings in from selling your products/services.For instance, if you’re a SaaS startup that offers monthly packages plus ad-hoc services like consulting, your total revenue would be the sum of the money you earned from the monthly subscriptions plus the consulting services.Even if they only account for a small portion of your business, make sure to include all of your various revenue streams when calculating total revenue.Hence, The profit maximization formula depends on profit = Total revenue – Total cost. Therefore, a firm maximizes profit when MR = MC
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