chronological order the lag phenomena associated with the use of fiscal policy to smooth business cycles are recognition lag, impact lag, and implementation lag.
What is chronological order?
The study of placing events in chronological order is known as chronology. Think about using a timeline or a list of events as an example. The "real temporal sequence of past occurrences" is also determined. A component of periodization is chronology. On Friday evening, there will be a rehearsal supper. We are hopeful that many of the visitors would then assist in cleaning up the area in preparation for tomorrow's wedding. The transition "afterward" in these phrases emphasizes a timeline of events. The same is true for dates when arranging items in chronological order; they are listed from the most recent and recent to the oldest.
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Online benefits systems are often referred to as ______ and can result in significant cost savings in benefits administration.
Online benefits systems are often referred to as employee self-service systems and can result in significant cost savings in benefits administration. With this system, the cost savings can be maximized.
Benefits are additional income outside of salary as assistance from the company, institution or institution where you work. Generally, benefits are combined with a monthly salary. This additional is money given or allocated on a regular basis for a particular purpose. Details of the type and amount are usually listed in detail on the salary slip or income report from the employer's company or institution.
By providing benefits, employees will feel appreciated for their work. In addition, this can make employees more comfortable in doing their jobs. Then the productivity of employees at work will also increase by itself. If it's like this, employees will compete to improve and maintain their performance to stay productive and focused while working.
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limited liability companies and limited liability partnerships share which of the following characteristics?
The primary characteristic an LLC shares with a corporation is limited liability, and the primary characteristic it shares with a partnership is the availability of pass-through income taxation.
What is liability?
A liability, in general, is an obligation between two parties that hasn't been fulfilled or paid for. A financial liability is an obligation in the world of accounting, but it is more specifically characterised by prior business transactions, events, sales, exchanges of goods or services, or anything else that will generate income in the future. Non-current liabilities are typically viewed as long-term obligations since they are anticipated to last more than a year (12 months or greater).
Depending on their temporality, liabilities are classed as current or non-current. They might be a future responsibility to provide a service to someone else (a short-term or long-term loan from a bank, a person, or another organization) or a past deal that left an unresolved duty.
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Economic models are typically based on the principle that people behave rationally. However, people do not always behave rationally Which of the statements is NOT a reason why economists still consider their models valid, in spite of the irrationality of people? For the sake of simplicity, it is easier to create models from generalizations rather than from seemingly random irrational behavior The existing models have been in place for so are considered untouchable, the equivalent of an long, they economic law. People typically behave more rationally over time Despite the flaws in the model, the models are still thorough predictors of market behavior
The reason why economists still does not consider their models valid, in spite of the irrationality of people because the existing models have been in place for so long, they are considered untouchable, the equivalent of an economic law.
Who are Economists?
The production and distribution of resources, goods, and services are studied by economists through data collection and analysis, trend research, and evaluation of economic concerns.
1. collecting data from numerous sources, compiling and analyzing enormous amounts of data from sources like official statistics, literature, online research, and industry surveys.
2. studying and comprehending economic patterns and models.
3. using software to analyze the data gathered.
Regardless of the particular field they may work in, someone with a degree in economics will discover that they are employable in many domains. Graduates with economics knowledge are in high demand in the worldwide work market.
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Refer to the following selected financial information from Texas Electronics. Compute the company’s accounts receivable turnover for Year 2.
Year 2 Year 1
Cash $ 38,200 $ 32,950
Short-term investments 97,000 63,500
Accounts receivable, net 89,000 83,000
Merchandise inventory 124,500 128,500
Prepaid expenses 12,800 10,400
Plant assets 391,500 341,500
Accounts payable 109,900 111,300
Net sales 714,500 679,500
Cost of goods sold 393,500 378,500
In Year 2, the company's accounts receivable turnover is $251,400.
What is the accounts receivable?Accounts receivable is often known as AR. These are legally enforceable claims for payment maintained by a firm for products or services given but not paid for by consumers.
Computation of company's accounts receivable:
Accounts Receivable = Cash + Short term Investments + Accounts Receivable + Merchandise Inventory + Prepaid Expenses – Account Payable
Accounts Receivable = $38,500+$97,000+$89,000+$124,000+$12,800-$109,900
Accounts Receivable = $251,400.
Therefore, the company’s accounts receivable turnover for Year 2 is $251,400.
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_____ represent either ownership or debt of publicly held firms and government issued debt, in the form of bonds, notes, and bills.
Marketable securities represent either ownership or debt of publicly held firms and government issued debt, in the form of bonds, notes, and bills. Hence, option (b) is relevant.
Give a brief account on marketable securities.Marketable securities are readily convertible into cash at a fair price and are highly liquid financial products. Marketable securities are liquid because their typical maturities are shorter than a year, and because the rates at which they can be bought or sold have little impact on their pricing. Businesses generally keep money in reserve to be ready for circumstances where they may need to act quickly, such seizing an acquisition opportunity as it arises or making contingent payments. However, a business will invest a portion of the cash in short-term liquid securities rather than keeping all of the cash in its bank accounts, which offers no possibility to generate interest.
In this way, the company can make money off its cash rather than letting it sit around idly. The company can quickly liquidate these securities if a sudden need for cash arises. Several assets that fall under the marketable securities category are examples of short-term investment products.
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The complete question is mentioned below :
_____ represent either ownership or debt of publicly held firms and government issued debt, in the form of bonds, notes, and bills.
A. Demand deposits
B. Marketable securities
C. Set-asides
D. Traveler's checks
Today _____ national banks (with a federal charter) belong to the Federal Reserve System and ______ state banks do.
Today all national banks (with a federal charter) belong to the Federal Reserve System and relatively few state banks do.
Who is the Federal Reserve System's legal owner?
The federal government is the public controller of the federal reserve system, which is privately owned by the member banks. The president appoints seven governors for staggered 14-year terms with Senate approval.
Currently, only a small number of state banks are members of the Federal Reserve System, while all national banks (those with a federal charter) are.
Therefore, The Federal Reserve System is under the public jurisdiction of the federal government.
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One of the challenges with globalization is determining how to meet the needs of customers at very different income levels. In many developing economies, distributions of income remain much wider than they do in the developed world, leaving many impoverished even as the economies grow.
Globalization offers ample opportunities for truly global development, but it is not progressing evenly.
What is globalization and cultural challenges associated with it?Globalization is a global phenomenon, and advances in communication and transport technologies have led to a barrier-free exchange of information, culture, products, services, and human resources on a global scale.
Cultural challenges in the process of globalization include: Erosion of local culture. While cultural globalization brings people together, it can also threaten local cultures, languages and traditions. Growing inequality. Clash of civilizations. Ecological impact.
How will you meet the challenges of globalization?Ways to Adapt to a Globalized and Changing Workforce: 1) Stay close to your customers. Create a diverse and inclusive workforce that reflects your customers. 2) Work together. The Connected Workforce is the glue that binds this new virtual and global world together. 3) Tour included. 4) Agile thinking. 5) Prepare for the future.
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Fiscal policy that increases aggregate demand directly through an increase in government spending is typically called expansionary or "loose." By contrast, fiscal policy is often considered contractionary or "tight" if it reduces demand via lower spending.
expansionary fiscal policy , Expansionary or "loose" fiscal policy is defined as one that directly boosts aggregate demand through an increase in government spending.
What refers to a fiscal policy that increases aggregate demand directly through an increase in government spending?the application of fiscal policy to stimulate economic growth by raising aggregate demand, which results in more output, lower unemployment, and a higher price level. Recessions are treated by expanding the budgetary base.In order to boost the overall demand and support economic growth, an expansionary fiscal policy lowers tax rates or boosts spending. An inflation-prevention or -reduction contractionary fiscal strategy involves raising rates or reducing spending.Through adjustments to government expenditure and taxation, fiscal policy affects aggregate demand. These elements have an impact on employment and household income, which in turn affect consumer spending and investment. Money supply has an effect on an economy's interest rates and inflation rate as a result of monetary policy.To learn more about fiscal policy refer,
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Perreca son fell out of a tree in the backyard and it looked to hurt his arm is broken without thinking much about where to go see buckle them up in his car seat and head to the nearest Emergency Medical Center, Perak is sun emergency room visit would be best classified as an
In the above case Perreca is dealing with Buckle injury
Explain in detail
An example of a shattered bone is a buckle (or torus) fracture. Without breaking the other side of the bone, one side of a bone flexes, raising a little buckle.Never disregard symptoms like pain, swelling, or tenderness, even if they are not as severe as those from other types of fractures. If your child's buckle fracture is left untreated, they could eventually experience more severe side effects like malunion, which occurs when broken bones don't line up properly throughout the healing process.Buckle fractures normally heal within four weeks from the accident. No follow-up appointment is needed in most circumstances. After the splint is removed, there may be one to two weeks of tenderness, weakness, and stiffness.To know more about Buckle bone here
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Project: When It All Goes Wrong on Wall Street
Assignment Directions
1. Find a case which involved a bankrupt or closed securities firm, such as Enron or Lehman Bros. Research the case, and the
settlement. The easiest way to do this is to go to the SEC site, look at the regulatory actions against securities firms, and follow a
case. Here is the link ( sec.gov/spotlight/ enf-actions-fc.shtml or SEC Enforcement Actions, Addressing Misconduct That Led To or Arose From the Financial Crisis) to a current list of publicly traded companies that have been cited for SEC misconduct. As you can see, many of them are banks and securities firms and some of these firms are no longer in business. It is your job to research the firm and find out which ones on this list are no longer around. Then, follow the thread through the SEC, the courts,
and other reliable media such as Bloomberg, Wall Street Journal, or the New York Times. The most important thing to learn in
this assignment is how the enforcement process works. A second aspect of your research should include noting the stock price of this public firm before the regulatory actions and ultimate demise of the firm, and what the shareholders ended up receiving. You can find this information through the SEC enforcement reports and by using your browser to find historical information on share prices.
Submission Requirements
1. Write a report detailing the company that failed and what caused the failure. Describe the economic value and the cost to individual investors from a human perspective. Discuss how the regulatory system for securities worked or didn’t work and why. Was there any legislative or regulatory change because of this failure? Were there changes in society?
2. Your report should be 3 to 4 pages, double-spaced with 1-inch margins, and contain quantitive loss information from the failure (in other words the math), as well as a detailed narrative as to what went wrong. It also must show how the regulatory system for securities worked or didn’t work and why.
pls respond asap! will give brainliest :)
Answer: was
Explanation:
during design team meetings the director and designers talk about mood, pace, atmosphere, colors, character, story, and the production's style.
It is a true statement that during design team meetings, the director and designers talk about mood, pace, atmosphere, colors, character, story and the production's style.
What is a design team meetings?A design team meetings are meeting that are typically coordinated by the lead designer, if one is been appointed and may include all, or part of the design team.
The sub meetings of the design team may also be organised to deal with specific aspects of the design such as the structure, building services etc.
Full question "during design team meetings, the director and designers talk about mood, pace, atmosphere, colors, character, story and the production's style. True / False"
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You have been asked to give a talk about how best to avoid different methods of identity theft. What is the BEST advice you can give to help
someone avoid becoming a victim of phishing?
O A.
OB.
0 с.
O D.
Shred all of your documents before you put them in the trash.
When carrying a purse, hold it tight to your body.
Don't use an ATM that looks as if it has been altered in some way.
If someone calls you to ask for personal information, don't reveal anything.
If someone calls you to ask for personal information, don't reveal anything, is the best advice you can give to help someone avoid becoming a victim of phishing.
Define Phishing.Phishing is a widespread scam when a con artist poses as someone you know and trust in order to trick you into divulging your username, password, or other personal information. Although it can be done over the phone, email is more common.
Phishing is a form of social engineering in which an attacker sends a message pretending to be someone else in order to mislead the recipient into giving the attacker access to their personal information or installing malicious software, such as ransomware, on their infrastructure. Phishing is when hackers try to persuade people to do "the wrong thing," like clicking a malicious link that would download malware or lead them to a dubious website.
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Fill in the blanks to complete the sentence.
JVL Corporation began the year with a $75,000 balance in retained earnings. Net income for the year was $24,000 and the ending balance in retained earnings was $90,000. Given this information, cash dividends paid to stockholders equaled $(1). (Enter your answer as a whole number.)
1. 9,000
The cash dividends paid to stockholders is $9000.
What is meant by retained earning?
After deducting dividend payments, a company's retained earnings are its total net earnings or profits. The term "retained" refers to a crucial idea in accounting that describes how earnings were held by the corporation rather than distributed to shareholders as dividends.
These are the remaining net income for the company after dividends have been paid to its shareholders. Typically, management of the company decides whether to keep the profits or distribute them to the share holders. A business with an eye toward expansion may choose to employ retained earnings rather than paying any dividends at all or in very tiny sums. Retained earnings can be used by businesses, among other things, to boost output, hire additional salespeople, introduce new products, or repurchase shares.
These are a crucial factor in determining how financially sound a firm is because they demonstrate the net income that has been conserved over time and is consequently available for distribution to shareholders or reinvestment in the company.
Here, we have,
Beginning Retained Earning= $75,000
Net Income= $24,000
Ending Retained Earning= $90,000
We know that, Ending Retained Earnings= Beginning Retained Earning+ Net Income - Dividend
Putting values in the formula, we get
Dividend= $(75,000+24,000-90,000)
Dividend= $9000
⸫ Thus, the cash dividend is $9000.
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PROJECT: FINANCE OPTIONS, CREDIT USE, AND BANKING Assignment Directions: Using all of the concepts you have attained throughout the course of the lesson (capital, collateral, etc.), compose a two-page, detailed business plan that illustrates how you plan to enter the “industry of your dreams” (fashion, entertainment, educational materials, etc.). Assignment Guidelines: Include at least four important concepts discussed within the lesson. Submission Requirements: Two-page business plan When submitting written assignments, please remember to: Submit the assignment question(s) and your responses. Proofread for spelling, grammar, and punctuation. Remember to use complete sentence structure. Make sure paragraphs have at least six sentences.
The industry of my choice is the fashion industry. The way I plan to enter the fashion industry is given below:
Meeting so many people with various origins, experiences, and stories is one of the benefits of working in the fashion industry. In the fashion industry, you may learn a lot from those around you, and the individuals you meet early on in your career might very well be important to your development in the future.
Therefore, Internships are the ideal starting point. Nothing equals actual experience in the fashion industry, even if you have studied the subject. You must be completely alright with beginning at the bottom. An internship in the fashion industry will undoubtedly complete your textbook education and advance your career.
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in 2000s the massive employment opportunities offered by silicon valley drove the housing cost in california exponentially.
In 2000, a group of approximately 2,600 high-tech companies formed in Silicon Valley created more than 27,000 jobs in the local economy of the San Jose, California area.
What factors are including in Silicon Valley?From 1992 to 1999, Silicon Valley created over 230,000 jobs (a 23% increase) and accounted for about 40% of California's export trade. Silicon Valley was born from the intersection of several factors, including skilled scientific research hubs at local universities, ample venture capital, and steady spending from the US Department of Defense. Stanford's leadership was particularly important in the Valley's early development.
What made Silicon Valley successful?It is easy to build an infrastructure facilitating similar businesses. Silicon Valley is a destination in itself. With an established business infrastructure, pool of talented resources and a thriving marketplace, launching a tech company in such an atmosphere offers a distinct advantage over other locations.
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In countries where there is less pressure for public accountability and information disclosure:
-information needs can be satisfied by requesting information from internal company sources.
-public offerings of stock shares are the primary source of financing for companies
.- accounting information is prepared to meet the needs of taxing authorities.
-accounting standards emphasize accounting for high inflation situations.
-the accounting focus is on recent market economy reforms.
In countries where there is less pressure for public accountability and information disclosure: -information needs can be satisfied by requesting information from internal company sources.
Whilst a person is given the responsibility to hold, use or put off sources now not belonging to him, he have to be held completely answerable to the owner of the resources for what he does with them. This, in essence, is the precept of accountability.
Political responsibility is when a politician makes alternatives on behalf of the people and the people have the capacity to praise or sanction the politician. In consultant democracies residents delegate electricity to elected officers via periodic elections if you want to represent or act of their hobby.
Duty is an assurance that an person or agency is evaluated on its performance or behavior associated with some thing for which it's miles accountable. The term is related to responsibility however is seemed extra from the attitude of oversight.
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foundational human resources management procedures for reducing turnover can also apply to other areas of managing human resources. which of the following is not one of the recommendations for reducing turnover and other risks? A) increase employee engagement; B) pay attention to employee needs; C) use pre-employment screening;D) create clearly-defined, easy work paths
Foundational human resources management procedures for reducing turnover can also apply to other areas of managing human resources. Creating clearly-defined, easy work paths is not one of the recommendations for reducing turnover and other risks.
In organizational studies, useful resource management is the green and powerful improvement of a company's resources when they wished. Such assets may also consist of economic assets, stock, human competencies, manufacturing resources, facts era, and natural resources. aid control is the practice of planning, scheduling, and allocating people, cash, and era to a mission or program. In essence, it's far the manner of allocating assets to gain the best organizational value.
Seven sorts of aid management are (1) wooded area resource management (2) Water useful resource management (3) Mineral useful resource management (four) Land aid control (five) power aid management (6) natural world control (7) Agriculture useful resource management.
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HH Company uses LIFO. HH disclosed that if FIFO had been used, inventory at the end of 2021 would have been $20 million lower than the difference between LIFO and FIFO at the end of 2020. Please assume HH has a 25% income tax rate: Help me find the reported cost of goods sold and whether it would have been higher with LIFO or FIFO
Its reported cost of goods sold for 2021 would have been $20 million higher if it had used FIFO rather than LIFO for its financial statements. And tax rate is irrelevant because at the time of income or loss we consider tax and tax don't relate to the cost of goods sold.
FIFO (“First-In, First-Out”) assumes that the oldest products in an employer's inventory had been offered first and are going with the aid of the one's production expenses. The LIFO (“closing-In, First-Out”) method assumes that the maximum current merchandise in a business enterprise's inventory has been sold first and makes use of the one's fees instead.
Find merchandise with the soonest fine before or use by means of dates. put off objects which might be past these dates or are damaged. area items with the soonest dates on the front. stock new objects at the back of the front stock; people with modern-day dates have to be on the back.
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Abigail has just been added to a team tasked with developing new products. She has likely been put on which of the following teams?
A. Sales team
B. Virtual team brainstorming
C. Marketing
D. Top management
E. Research and development
A cross-functional team is a group of people who work on different projects and share a common objective. Employees from all levels of an organization are typically included in it.
Which one of these characteristics sets teams apart from groups?
The intensity with which team members collaborate and the presence of a specific, overarching team goal or objective are the two characteristics that set teams apart from groups.
Which structure is made up of teams working on individual tasks while working toward a common objective?
Employees who work together to achieve common objectives make up project teams. You can organize work in a specific, measurable, and time-limited manner with this kind of team. Roles, responsibilities, and deadlines can be clearly defined.
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Companies pursuing business-level strategies like cost leadership, differentiation, and integration should organize using a _______ structure.
Four regularly occurring business-level strategies emerge from these decisions: (1) huge value leadership , (2) large differentiation , (3) targeted price management , and (4) centered differentiation .
In rare cases, companies are able to offer both low expenditures and unique features that clients discover desirable.
What is a business-level strategy?A business-level strategy is an innovative way for a employer to exhibit its special assets, amplify its aggressive facet and help the character components of its business enterprise feature as one complete unit.
When pursuing a cost management method a business ought to keep in mind that?When pursuing a cost-leadership strategy, a business ought to take note that: Buyers will be reluctant to pay for a product until the pleasant is acceptable. In Strategy Highlight 6.2, Ryanair is aggressively pursuing a cost-leadership position in Europe.
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https://brainly.com/question/28284743#SPJ4the federal government finances its deficit spending through the use of securities known as treasuries
Three, six, or twelve months Treasury Notes Interim period (two, five, or ten years) Treasury Bills (more than ten years) Treasury securities .
What three sorts of finance are there?The term "finance" refers to all aspects of resource and financial management for private citizens, governmental agencies, and commercial enterprises. Personal finance, global economics, and commercial finance are the 3 types of finance.
What does finance mean exactly?The term "finance" also first appeared in English in the 15th century, but it stems from the Anglo-French verb finer, which both means "to end" and "to pay." The term first appeared to illustrate capital assets and money management in the 18th century.
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The Complete question :
The U.S. government finances its deficit spending through the use of securities known as Treasuries. Each type of security has a unique name based on its maturity. Given the following terms to maturity, identify the appropriate Treasury instrument :
Which of the following types of advertising promotes an organization's image, reputation, or ideas rather than a specific product?
Institutional advertising is a type of advertising that promotes an organization's image, reputation, or ideas rather than a specific product.
Institutional advertising is a type of advertising that focuses on building a brand's image or reputation, rather than promoting a specific product or service. Institutional advertising campaigns are often used to create a positive perception of a company or to highlight its core values, mission, or history.
The goal is to create a lasting impression of the brand in the minds of consumers. It is used by organizations such as businesses, schools, and governments. It is typically used to promote products or services to a large audience.
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vendors frequently sign___with their customers to ensure a guaranteed uptime and define their ability to meet demand spikes.
Vendors frequently sign service level agreements defining their capacity to handle demand spikes and guaranteeing a guaranteed uptime with their clients.
What is Vendor?
An organisation that contributes products or services is referred to as a vendor, supplier, provider, or seller in a supply chain. A supply chain vendor typically produces inventory or stock items as well as sells them to the chain's following link. These terms now describe a provider of any services or products. Anyone who offers goods or services to another entity is referred to as a vendor in supply chain management. Vendors can engage in business-to-business (B2B) or direct-to-consumer (B2C) or business-to-government (B2G) sales (business to government).
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Ramona works for a large Denver, Colorado ski equipment warehouse. In the past, her only chance to learn how she was doing on the job came during fairly superficial performance reviews with her boss twice a year. The company recently implemented a policy designed to give Ramona and other employees detailed information about their job performance on a monthly basis. This suggests that the ski equipment retailer now provides Ramona and her co-workers with more:
One of the five characteristics of job enrichment is feedback, which means giving employees direct and clear information about their job performance.
One well-known approach to work design is job enrichment. This article will define job enrichment, explore its benefits, provide examples of ways to enrich jobs, and contrast job enrichment with job enlargement.
The creation of an inspiring job is the aim of work enrichment. This can be achieved, for instance, by taking a routine, "boring," job and adding extra tasks that give the employee a greater sense of purpose in their work. Therefore, work design and job redesign include job enrichment.
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with a downsloping demandcurve and an upsloping supply curve for a product placing an excise tax on this
An excise duty on a good with a downsloping quantity demanded curve and an upsloping supply curve will increase the equilibrium price and decrease the equilibrium quantity.
What is the price at equilibrium?A market-clearing price, often referred to as an equilibrium price, is the consumer cost involved with a good or service when supply and demand are equal or nearly equal.
The significance of equilibrium price?For a marketplace to be efficient and equitable, equilibrium is necessary. A market cannot move away from its price and quantity equilibrium since it is maintaining a balance between the quantities provided and required.
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Find a numerical equation relating planned aggregate expenditure to output and to the real interest rate
The equation for planned aggregate expenditure (PAE) is as follows: PAE = C + Ip + G + NX.
How do we calculate planned aggregate expenditure?The expenditure that is incurred on the programs detailed in the current five-year plan is known as planned expenditures.
According to the Keynesian model of macroeconomics, aggregate planned expenditure is calculated as the sum of planned consumption expenditures (C), planned investment expenditures (I), planned government expenditures (G) and planned net exports (NX).
The aggregate expenditure model focuses mostly on the relationships between production (GDP) and planned spending, such that : GDP = planned spending = consumption + investment + government purchases + net exports.
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nnknpoippiiiiiiiiiiiiiiiiiiiiiiiiiii.
Answer:
I understand this completely true fact
Explanation:
majic
Answer:
Is this actually a question?? XD
Explanation:
during project closing, the project team or contractor should ensure that copies of appropriate project documentation are properly organized, filed, and archived so that ____.
The initial project specifications, including the timetable and budget, provided by all parties involved. Data from a project management software used as evidence that each criterion was satisfied. Any unpaid and connected supplier, partner, or vendor invoices must be paid upon delivery of the requested services.
What significance does the project's closure have?The ultimate stage of wrapping up all tasks for the project management process is called project closure (Project, phase, contract). This procedure has three main advantages: it archives project or phase information, it completes planned tasks, and it frees up organizational team resources to focus on new projects.
What document does not receive an update upon project close?They are documents produced independently of the project that lead to the project's launch. The Project Manager makes use of them but doesn't make any updates.
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Under the current qualification criteria an applicant for appraiser trainee must have completed ___ creditable hours of experience
The current qualification criteria for an applicant for an appraiser trainee requires the applicant to have completed at least 240 creditable hours of experience.
This experience must have been obtained from activities such as appraisal review, appraisal report writing, appraisal inspections, and other related activities. The experience must also have been acquired within a period of not less than one year.
The 240 creditable hours must be documented in a portfolio or other form of record keeping, along with supporting documentation of the experience such as a letter from an employer or supervisor.
This experience is necessary to ensure that the applicant is qualified to become an appraiser trainee and can competently perform the duties of the job.
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Baldwin has a new design for their product Bolt next round that can reduce their material cost of producing units from $8.14 to $7.32. Baldwin passes on half of all cost savings by cutting the current price to customers. For simplicity: - Use current labor costs of $3.98 - Assume all period costs as reported on Baldwin's Income Statement (Annual Rpt Pg 2) will remain the same. Determine how many units (000) of product Bolt would need to be sold next round to break even on the product.
Select : 1
Save Answer
990 units.
792 units.
1,049 units.
1,287 units.
1,101 units.
937 units.
Baldwin has a new design for their product .The breakeven point in the units will be 989.26 units.
Calculating the problem:Particulars Per unit
Sales per unit $19
Less: Direct materials $7.32
Direct labor $4.14
Contribution margin $7.54
Fixed costs of product Bat $7,459
Break even point in units = Fixed costs ÷Contribution margin per unit
Break even point in units = $7,459 ÷ $7.54
Break even point in units= 989.26 Units
Break even point:Unit break even point = fixed cost ÷ contribution margin per unit. A unit's breakeven point tells you exactly how many units you need to sell to make a profit. If you can sell more units beyond that point, you can make a profit.
What is BEP in Cost Accounting?The break-even point in accounting refers to the point or level of activity at which sales or turnover exactly equals total costs. In other words, the break-even point is the level of activity at which there are no gains or losses and the total cost of the business is equal to the revenue.
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