Answer:
b. all of the above
Explanation:
The correct answer is that all of the above determine an organization's structure.
The organization's mission determines its structure because it establishes the main goal of the organization, and everything in the organization is ultimately determined by that.
The organization's strategy also determines its structure because it establishes the departments, employees, and actions, similar to the way that the mission determines these things.
Finally, the organization's size is obviously related to its structure. A large organization will have a more complex structure than a smaller organization for example.
Why is constant return to scale incompatible with perfect competition?
Answer:
The constant return to scale is incompatible with perfect competition because in a perfect competition the competitive firm as a price taker exercises no influence over the market price of its product. Therefore, the constant return to scale does not enable the competitive firm to have enough revenue to pay competitive prices for its inputs. Inevitably, a constant return to scale is incompatible with perfect competition.
Explanation:
A constant return to scale suggests that the market value of the inputs equals the value of the outputs. When this situation persists, there is no profit. With this prevailing circumstance, the competitive firm lacks the required resources to compete effectively in the market.
When Coca-Cola introduced Coke Zero, this was an example of a _____ strategy.
Answer:
B) product line extension
Explanation:
The product line extension refer to the extension of the product that means introduction of a new item in the same category of product in terms of new flavors, colors, sizes, etc
Since in the question it is mentioned that the Coca-cola introduced the coke zero so this represent the product line extension strategy example
Therefore the correct option is B.
what is scientific management theory??
sorry that wasn't the right answer but I love the effort you put into it!
The consumer price index is reported monthly by the us bureau of labor statistics:________
Incomplete question. I inferred you want an affirmation if the statement is true/false.
Answer:
True.
Explanation:
The US Bureau of Labor Statistics (BLS) a federal agency continuously reports every month the Consumer price index in the United States. For example,
One may ask: What is the consumer price index? Well, in simple terms, it is a measuring scale that calculates how much prices of consumer goods (such as food, energy cost, transportation, etc) changed in the past month. This gives us an overview if there are positive or negative changes in the cost of living is.
This is for ACC 556
The Novak Company has just completed a physical inventory count at year end, December 31, 2022. Only the items on the shelves, in storage, and in the receiving area were counted and costed on the FIFO basis. The inventory amounted to $75,500. During the audit, the independent CPA discovered the following additional information:
(a) There were goods in transit on December 31, 2022, from a supplier with terms FOB destination, costing $9,700. Because the goods had not arrived, they were excluded from the physical inventory count.
(b) On December 27, 2022, a regular customer purchased goods for cash amounting to $950 and had them shipped to a bonded warehouse for temporary storage on December 28, 2022. The goods were shipped via common carrier with terms FOB shipping point. The customer picked the goods up from the warehouse on January 4, 2023. Novak Company had paid $475 for the goods and, because they were in storage, Novak included them in the physical inventory count.
(c) Novak Company, on the date of the inventory, received notice from a supplier that goods ordered earlier, at a cost of $3,700, had been delivered to the transportation company on December 28, 2022; the terms were FOB shipping point. Because the shipment had not arrived on December 31, 2022, it was excluded from the physical inventory.
(d) On December 31, 2022, there were goods in transit to customers, with terms FOB shipping point, amounting to $770 (expected delivery on January 8, 2023). Because the goods had been shipped, they were excluded from the physical inventory count.
(e) On December 31, 2022, Novak Company shipped $3,000 worth of goods to a customer, FOB destination. The goods arrived on January 5, 2023. Because the goods were not on hand, they were not included in the physical inventory count.
(f) Novak Company, as the consignee, had goods on consignment that cost $3,300. Because these goods were on hand as of December 31, 2022, they were included in the physical inventory count.
Analyze the above information and calculate a corrected amount for the ending inventory.
Corrected inventory $enter corrected inventory in dollars
Use the drop-down menus to answer the questions.
From where does this organization get most of its funding?
Sale of goods
Public Donations
Government Donations
What is the main purpose of this organization?
To teach people about animals
To find homes for all pets
To promote animal welfare
Answer:
public donations
to promote animal welfare
Explanation:
on edge. :)
A soap company has been selling their soap to consumers with great success. However, recently they have become aware that their soap is also a tremendous grease cutter and could be sold to industry. Which category of business customers could the company target and why
Answer and Explanation:
As we know that the soap is classified as health care products for the purpose of bathing. Also it acts as a grease cuter or the detergent but in the case of targetting the customers it would be treated as a health care product and commercial one also due to which it could be grown easily. But at the same time it should be ensured that there is no harmful effect
So if it is targeted in both the way than the business would grow in a fastest way that results in earning profits
The following can be considered as international barriers:
A•Economic and technological
B• Political and legal
C •Social and cultural
D• all of the above
E•none of the above
Answer:
the answer is the last one e
27. Subscription owing N6,000 at 31/12/2014.
Subscription in advance 14,000 at
31/12/2014. Cash received as subscription
during the year was N80,000.
The subscription for the year 2014 was
(a) N90,000 (b) N82,000
(c) A78,000 (d) N70,000
Answer:
$72,000
Calculation for The subscription for the year 2014
Using this formula
2014 Subscription=Cash received-Subscription in advance+Subscription owing
Let plug in the formula
2014 Subscription=$80,000-$14,000+$6,000
2014 Subscription=$72,000
Therefore The subscription for the year 2014 was $72,000
How Does Being Good Pay Off? Organizations are under increasing pressure to do the right thing and serve the public good, and there are a multitude of ways that organizations can be ethical and socially responsible. Although organizations should always consider ways to do this, these decisions often come at a financial cost and thus create dilemmas for organizational decision makers. This activity is important because it highlights the ways that being socially responsible is beneficial for organizations. The goal of this exercise is to challenge your knowledge of research findings on how being ethical and socially responsible pays off for organizations. Listed in the diagram are statements showing how ethical and socially responsible behavior by a company affects various stakeholders. Read the statements and then drag each term to the element of ethical or socially responsible behavior that it best represents Interpersonal Relationships Employees Profits Stock Price Revenue Customers Consumers want to Socially responsible spend more money companies generate An ethical scandal can cause a with companies that significantly higher 5- year returns on are socially company's valuation invested capital responsible to plummet Workers may be happier and less likely to leave when their company is socially responsible Companies with Investors are effective ethics and increasingly seeking compliance cultures socially responsible find their employees companies to put are less likely to their money into retaliate against one another
Answer:
How Does Being Good Pay Off?
Effects of ethical and socially responsible behavior by a company on various stakeholders:
1. Consumers want to spend more money with companies that are socially responsible.
Customers
2. Socially responsible companies generate significantly higher 5- year returns on invested capital.
Profits
3. An ethical scandal can cause company's valuation to plummet.
Stock Price
4. Workers may be happier and less likely to leave when their company is socially responsible.
Employees
5. Investors are increasingly seeking socially responsible companies to put their money into.
Revenue
6. Companies with effective ethics and compliance cultures find their employees are less likely to retaliate against one another.
Interpersonal Relationships
Explanation:
a) Stakeholders Effects:
Interpersonal Relationships
Employees
Profits
Stock Price
Revenue
Customers
b) Organizations are not only under pressure to do right, but many have discovered that it pays more in both revenue and profits to do right. The society has given organizations the opportunity to move in the right direction, and they should never lose it because the consequences of neglecting this onerous duty are too dear to contemplate.
Instructions
A new client has come to your architectural office, to discuss ideas of her families new residence. She is moving to Colorado from a rural area in southern Georgia to take a
new job. She has not yet decided whether to build a home or buy an existing one. The client is about 35 years ols and has three children, ages 9, 5 and 2.
When you ask about her family's priorities, she tells you that the home must be close to good schools and daycare facilities. Although her new job is downtown, she does not
want to live downtown because she thinks that would be too big of a change for her children. She wants a house with at least three bedrooms, with room for expansion
Given this preliminary information, answer the following questions.
A manager at Strateline Manufacturing must choose between two shipping alternatives: two-day freight and five-day freight. Using five-day freight would cost $200 less than using two-day freight. The primary consideration is holding cost, which is $8 per unit a year. 2,400 items are to be shipped. Which alternative would you recommend
Answer:
Two day freight
Explanation:
Calculation for Which alternative would you recommend
H = $8 per item per year (2,400item) = $19,200per year.
d = 3 days
Incremental holding cost = $19,200 (3/365) = $157.8
Based on the above calculation This is Lower tham the savings that would result by using five-day freight. Therefore, use Two day freight.
What is the PV of an annuity due with 5 payments of $7,900 at an interest rate of 5.5%? a. $41,997.01 b. $40,573.38 c. $41,285.20 d. $43,776.54 e. $35,590.69
Answer:
PV= $35,590.69
Explanation:
First, we need to calculate the future value using the following formula:
FV= {A*[(1+i)^n-1]}/i + {[A*(1+i)^n]-A}
A= annual payment
FV= {7,900*[(1.055^5) - 1]} / 0.055 + {[7,900*(1.055^5)] - 7,900}
FV= 44,090.62 + 2,424.98
FV= 46,515.6
Now, we can determine the present value:
PV= FV/(1+i)^n
PV= 46,515.6 / (1.055^5)
PV= $35,590.69
Lucas Diving Supplies Company, in its first year of business, had labor costs of $66,000, overhead costs of $98,000, materials purchases of $22,000, and ending materials and work-in-process inventories of $1,000 and $2,000, respectively. What is the amount of cost of goods manufactured in the first year of operations
Answer:
the cost of goods manufactured is $183,000
Explanation:
The computation of the cost of goods manufactured is shown below:
Cost of goods manufactured = Labor cost + direct material purchased + overhead cost - ending balance of material - ending balance of work in process
= $66,000 + $22,000 + $98,000 - $1,000 - $2,000
= $183,000
Hence, the cost of goods manufactured is $183,000
In general, as price increases, demand decrease? True or False.
False, the reason the prices raise is because of high demand. If people want a product they will buy it at a higher price.
Sheldon and Odessa Sanford are married and elect to file Married Filing Jointly. Sheldon is 73 years old and Odessa is 64 years old. Odessa earned $33,000 in wages. After 30 years of service, Sheldon retired from his job on February 1, 2018. During his career, Sheldon contributed pre-tax dollars to a qualified 401(k) retirement plan through his employer. His retirement is fully taxable. Sheldon also received Social Security benefits of $7,600. Sheldon and Odessa are not blind and cannot be claimed as dependents by another taxpayer. Sheldon and Odessa are U.S. citizens and have valid Social Security numbers. 1. The required minimum distribution rules are temporarily waived for tax year 2020. True False
Answer:
True
Explanation:
The Coronavirus Aid, Relief, and Economic Security (CARES) Act made several changes to current policies in order to help American citizens during the current health crisis. One of these changes was to waive the required minimum distributions (RMD). This waive applies to all types of retirement accounts.
Answer:
24800
Explanation:
When Dorothy had children, she decided to quit her job in advertising to stay home and raise them until they went to grade school. * 10 points a. Employed b. Unemployed c. Out of the labor force
Answer: Out of labor force
Explanation:
The above scenario shows that Dorothy is out of the labor force. The labor force is made up of those that are employed and have a job and those that are unemployed but are searching for job.
In this case, Dorothy left her job to cater for her child and is not looking for a job. This shows that she is out of the labor force.
Assume that the company uses absorption costing. Compute the unit product cost for one barbecue grill.2. Assume that the company uses absorption costing. Prepare an income statement for last year.
Answer:
The full question is "Exercise 6-15 Absorption Costing Unit Product Cost and Income Statement [LO6-1, LO6-2] Chuck Wagon Grills, Inc., makes a single product—a handmade specialty barbecue grill that it sells for $210. Data for last year’s operations follow: Units in beginning inventory 0 Units produced 20,000 Units sold 19,000 Units in ending inventory 1,000 Variable costs per unit: Direct materials $50 Direct labor $80 Variable manufacturing overhead $20 Variable selling and administrative $10 Total variable cost per unit $160 Fixed costs: Fixed manufacturing overhead $700,000 Fixed selling and administrative $285,000 Total fixed costs $985,000 Required: 1. Assume that the company uses absorption costing. Compute the unit product cost for one barbecue grill. 2. Assume that the company uses absorption costing. Prepare an income statement."
1. Using absorption costing to compute the unit product cost for one barbecue grill
Particulars Amount
Direct material $50
Direct labor $80
Variable manufacturing overhead $20
Fixed manufacturing overhead $35 ($700000/20000)
Unit product cost $185
2. Assume that the company uses absorption costing. Prepare an income statement.
Particulars Amount
Sales (19000*210) $3,990,000
Less: Cost of goods sold (19000*185) ($3,515,000)
Gross margin $475,000
Less: Selling and administrative expense ($475,000) (19000*10+285000)
Net operating income $0
You and your friend bought the exact same TV and paid 7% sales tax on the purchase. Your friend eams three times as much money as you. Which tax system is this? (5 points)
-Regressive
-Progressive
-indirect
-Direct
Answer:
-Regressive
Explanation:
A regressive tax system imposes a greater tax burden on low-income earners. Imposing a uniform tax rate on everyone regardless of their income is an example of a regressive tax system. High-income earners will be left with more money to spend if the tax rate is the same for everyone.
Since this friend earns three times more, the sales tax will not have a lot of effect on their income. The sales tax will have a significant impact on the low-income earner as it will take away a sizeable part of their disposable income.
A portfolio is invested 20 percent in Stock G, 55 percent in Stock and 25 percent in Stock K. The expected returns on these stocks are 11 percent, 19 percent, and 23 percent, respectively. What is the portfoto's expected return
Answer: 18.4%
Explanation:
The Portfolio expected return will b calculated as the multiplication of each respective return by their respective weight. This will be:
= (20% × 11) + (55% × 19) + (25% × 23)
= (0.2 × 11) + (0.55 × 19) + (0.25 × 23)
= 2.2% + 10.45% + 5.75%
= 18.4%
The first unit of a product took 400 hours to complete. The firm plans to produce 8 units in the first month and 10 units in the second month. If an 80% learning curve is expected, how many hours will the firm use to work on the product during the second month
Answer:
1,200 hours
Explanation:
Solving mathematically this will be :
y = ax^b
where,
y is the cumulative average time required to produce x units
a is the time required to produce the first unit of output
x is the number of units of output under consideration
b is the log of the Learning Curve % divided by Log 2
The firm use 150 hours to work on the product during the second month
Amount of time used in the first month will be calculated as :
y = 400(8)^(-0.322)
= 204.8 hours (average)
Total for 8 units = 204.8 hours × 8 units
= 1,638.40 hours
Amount of time used for the total months to manufacture 18 units :
y = 400(18)^(-0.322)
= 157.74 hours (average)
Total for 18 units = 157.74 hours × 18 units
= 2,839.32 hours
Therefore,
Hours to be used in the second month = Time on 18 units - Time on 8 units
= 2,839.32 hours - 1,638.40 hours
= 1,200 hours
So, the firm use 1,200 hours in total for the 10 units. Which gives an average of 120 hours per unit
Suppose that due to a fear that the United States is about to enter a long period of stagnant growth, stock prices fall by 50% on average. Predict what would happen to spending by consumers.
Answer:
spending would increase
Explanation:
Disposable income is either saved (invested) or spent.
If stock prices are expected to fall, individuals would be less willing to save their income and would prefer to spend their income instead.
As a result, spending would increase
Alyssa is opening a bicycle shop, and her monthly expenditures to get the shop up and running exceed her monthly income. Alyssa is best described as
Answer: as a borrower or as a demander of funds
Explanation:
From the question, we are informed that Alyssa is opening a bicycle shop, and her monthly expenditures to get the shop up and running exceed her monthly income.
Since Alyssa's expenditure is more than the income generated every month, it shows that she's a demanded of funds as she borrows more than what she earns.
The two principal sources of financing for corporations are Group of answer choices cash and common equity common equity and preferred equity debt and accounts payable debt and equity
Answer:
common equity and preferred equity
Explanation:
It is important to remember that, each source of finance carry its own benefits and risk for companies
The two principal sources of financing for corporations are common equity and preferred equity.
This is so because, with Common Equity, the Company can raise more capital through the public and with Preferred Equity the company reduces its financial risk since most dividends using this instrument can be adjusted or deferred unlike using debt instruments which carry a significant financial risk.
Investors want a return that satisfies the following expectations: Group of answer choices A return for delaying consumption An additional return for accepting dividends rather than capital gains Both A and B. An additional return for taking on risk
Answer:
✓ An additional return for taking on risk
✓A return for delaying consumption
Explanation:
Return on investment can be regarded as as the net profit from an investment per the cost. When there is highreturn on an investment then the profit is favourable with respect to the cost of the investment. ROI allows investors to know the effeciency of their various investments. It should be noted that an Investors want a return that satisfies the following expectations:
✓ An additional return for taking on risk
✓A return for delaying consumption
Given the following data for the number of defects per spool of cable.
OBSERVATION
1 2 3 4 5 6 7 8 9 10 11 12 13 14
Number of defects 2 3 1 0 1 3 2 0 2 1 3 1 2 0
a.
Determine three-sigma control limits using the above data. (Do not round intermediate calculations. Round your final answers to 2 decimal places. Leave no cells blank - be certain to enter "0" wherever required. Round up any negative control limit value to zero.)
UCL
LCL
b. Is the process in control?
Yes
No
Answer:
a.
UCL = 5.17
LCL = 0.00
b.) Yes
The process is in control
Explanation:
Number of observations = 14
Total number of defects = 2+3+1+0+1+3+2+0+2+1+3+1+2+0 = 21
X = (number of defects)/(observation)
X = 21/14
= 1.50
UCL = upper control limit
= X+z√X
= 1.5+3√1.5
= 1.5+3.674234614
= 5.17 to 2 decimal places
LCL = lower control limit
= X-z√X
= 1.5-3√1.5
= -2.17
= 0.00
B.)
From the above, we have the number of defects to be within the control limits of 0 to 5.17, therefore we can conclude that the process is in control
Which of the following usually carries the highest interest rates?
Answer:
What is the following?
With respect to cost classifications for preparing financial statements: a. What is the total product cost? b. What is the total period cost? 2. With respect to cost classifications for assigning costs to cost objects: a. What is total direct manufacturing cost? b. What is the total indirect manufacturing cost? 3. With respect to cost classifications for manufacturers: a. What is the total manufacturing cost? b. What is the total nonmanufacturing cost? c. What is the total conversion cost and prime cost? 4. With respect to cost classifications for predicting cost behavior: a. What is the total variable manufacturing cost? b. What is the total fixed cost for the company as a whole? c. What is the variable cost per unit produced and sold? 5. With respect to cost classifications for decision making: a. If Dozier had produced 1,001 units instead of 1,000 units, how much incremental manufacturing cost would it have incurred to make the additional unit?
Answer:
Note: The full question is attached as picture below
1a Direct materials $70,000
Direct labor $35,500
Total manufacturing overhead $43,700
Total product cost $149,200
b. Total selling expense $30,600
Total administrative expense $29,300
Total period cost $59,900
2a. Direct materials $70,000
Direct labor $35,500
Total direct manufacturing cost $105,500
b. Variable manufacturing overhead $15,400
Fixed manufacturing overhead $28,300
Total indirect manufacturing cost $43,700
3a. Direct labor $35,500
Manufacturing overhead
Variable manufacturing overhead $15,400
Fixed manufacturing overhead $28,300 $43,700
Conversion cost $79,200
b. Direct materials $70,000
Direct labor $35,500
Prime cost $105,500
4a. Direct materials $70,000
Direct labor $35,500
Variable manufacturing overhead $15,400
Total variable manufacturing cost $120,900
b. Fixed selling expense $18,400
Fixed administrative expense $25,200
Total fixed cost $71,900
c. Direct materials $70,000
Direct labor $35,500
Variable manufacturing overhead $15,400
Variable selling expense $12,200
Variable administrative expense $4,100
Total variable cost (a) $137,200
Number of units produced and sold (b) = 1,000 units
Variable cost per unit produced and sold a/b= $137,200/1,000 units = $137.20
5. Incremental cost per unit produced = Total variable manufacturing cost / Number of units produced and sold = ($120,900/1000 Units) * 1 = $120.90
Consider the short run and the long run and then choose the statement that is correct.
A. In the short run, other things remaining the same, a given percentage change in the quantity of money brings an equal percentage change in the price level.
B. In the short run, money market equilibrium determines the price level.
C. The real interest rate is independent of the inflation rate in the long run.
D. The real interest rate is dependent on the price level in the long run
Answer:
The correct statement is:
A. In the short run, other things remaining the same, a given percentage change in the quantity of money brings an equal percentage change in the price level.
Explanation:
This economic situation is due to the market forces of demand and supply. Therefore, when the interest rate rises, if everything else remains equal, the opportunity cost of holding money rises. At the same time, the quantity of money demanded in the market decreases.