The equivalent unit of production for materials would be 5,10,000 and for labor & overhead would be 4,93,490.
What is an equivalent unit of production?An equivalent unit of production is the amount of work done by a manufacturer on the units of output that are partially completed at the end of an accounting period.
Solution:-
Material Labor & overhead
Work in process, July 1
31,000* 100% 31,000
31,000* 59% 18,290
Units started and completed 460,000 460,000
Work in process, July 31
19,000* 100% 19,000
19,000* 80% 15,200
Equivalent unit of production 5,10,000 4,93,490
For calculating equivalent unit of production, multiply the number of physical items by the percentage of the work done on them.
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Clarifying Culture: Did Johnson clarify his values and the company’s values in his apology and with his subsequent actions? Did Johnson’s apology and follow-up actions uphold Starbucks’ mission and core values? Did he identify gaps between stated and actual values? Did Johnson’s apology help Starbucks employees figure out if their personal values align with the company’s?
With the apology of Mr. Johnson, he showed that the actions of the police were wrong and did not reflect company values.
What are Company Values?This refers to the set of ethics that a company has and abides by that helps them keep discipline among staff and achieve their set goals.
Hence, we can see that from the complete information, there is a scandal at Starbucks where two black men have led away from the premises because of their race.
The CEO of Starbucks, Mr. Kevin Johnson immediately apologized and stated that the action was unfortunate and did not in any way reflect the company values of Starbucks as everyone was welcome.
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Gary's wife died last year, so he has been raising his three children on his own. When he files his taxes this year, which tax status will best fit his
situation?
OA single
OB. widow/widower
OC. married, filling jointly
OD. married, filing separately
If he he files his taxes this year, the tax status that will best fit his situation is:widow/widower.
What is tax?Tax can be defined as the amount a person or a tax payer files or remit to the government.
Based on the given scenario if his wife died last year which means that when he files his taxes this year the tax status that will best fit his situation will be a widower.
Therefore Gary is a widower.
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What agencies are known as professionally trained planners?
Answer:
refer to the above attachment
We want to estimate the population mean within 5, with a 99% level of confidence. The population standard deviation is estimated to be 15. How large a sample is required?
Answer: 59.721984
Explanation:
Formula to calculate sample size (n):
[tex]n=(\sigma \times z^{*} /E)^{2} }[/tex]
, where σ = population standard deviation, E=Margin of error,
z* =critical value for the confidence interval.
As per given, we have
E =5
σ = 15
Critical value for 99% confidence = 2.576
Then,
[tex]n=(15 \times2.576/5)^{2}[/tex]
⇒ n= 59.721984 ≈ 60
So, Required sample size = 60 .
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60, is the required sample size.
A step-by-step explanation of the estimation of the population sample size.
Formula to calculate sample size (n):
n=(σ x z* ) 2
E
where = population standard deviation, E Margin of error, z* = critical value for the confidence interval.
As per the given value, we have
E =5
Critical value for 99% confidence = 2.576
Then,
So, the Required sample size = 60
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Calculate the future value of $7,000 in four years at an interest rate of 8% per year.
The Future value is $9523.42. Future value is the amount of money that, when invested now at an interest rate, will eventually grow to be.
What is the Future Value of Money?Future value is the amount of money that, when invested now at an interest rate, will eventually grow to be.
Calculation of Future value
Present Value = $7,000 interest rate = 8% Time = 4 years
FV = Future Value PV = Present Value
FV=PV(1+i)ⁿ
FV= 7,000(1+0.8)⁴= $9,523.42
Thus, the Future Value of $7,000 for four years is $9523.42.
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It is possible to eliminate certain risk by investing in different companies. What type of risk is this?
The given statement can be marked as true. Unsystematic risk can be eliminated by investing in different companies.
What is meant by Unsystematic risk?Unsystematic risk refers to risks that represents the portion of investment risk that can be practically reduced or eliminated through the way of diversification.
Diversification is the risk management strategy that consists a wide variety of investments. It ensures that if some assets perform poorly, other areas of the portfolio associated with different sectors can cover the loss.
Unsystematic risks can be reduced by diversifying one's investments.
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What is the future value of 875 six years from now if the required rate of return is 7% (Rounded to 2 decimal places)?
Why it is important to dress appropriate at work
Answer:
so that way you don't stick out and people start wanting to hang out with you because you look cool
Explanation:
Answer:
1. you could get fired for that
2. make a good impression
3. depending on your job, to keep you safe from elements
4. to avoid weird/awkward interactions
a country with low saving rates and low levels of health and education. How would you expect real GDP per capita to grow in a country like this? Explain your answer
Real GDP per capita can grow in a country with the institution of economic and public policies.
How can a country increase its GDP?It is essential that in a country with high levels of social and economic inequality, the government institutes reforms that generate inclusion and opportunities for individuals, such as an economic growth program, which reduces interest rates on loans, encouraging entrepreneurship and investments.
Therefore, a series of measures must be instituted to increase a country's GDP, such as investment in education and job creation.
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Which of the following statements is the most plausible explanation of the difference in observed net operating profit margins?
Widget Co. and Tools Inc. both operate in the same industry. They are capital-intensive companies producing widgets. Below are selected data:
Widget Co. Tools Inc.
Net operating assets/common equity 1.37 1.53
Net operating profit margin 19% 21%
Income tax rate 47% 28%
Revenues/net operating assets 0.81 0.61
EDIT/revenues 38% 32%
Widget Co's lower financial leverage
Widget Co uses LIFO and Tools uses FIFO
Widget Co's lower tax rate
Widget Co's net operating asset turnover
The first and last steps in the seven-step decision-making model are in the list below. Identify both.
Know yourself.
Identify the decision to be made.
Develop a plan of action.
Select the best option.
Question #20 TrueFalse
58
Answer:
True
Explanation:
Firstly, whenever you're tackling any problem, you need to know your strengths and weakness. understanding your ability can help you to save not only time but also other associated resources involved in the decision made.
Answer:
B and D
Explanation:
Given market demand Qd=50-p, and market supply p=Qs+5.Find the market equilibrium price and quantity ?
Answer:
$27.522.5 unitsExplanation:
We know that quantity supplied = quantity demanded.
p = Qs + 5 -> Qs = p - 5
Qd = 50 - p
Price:
p - 5 = 50 - p
p = 55 - p
2p = 55
p = $27.5
Quantity:
27.5 - 5 = 22.5 units
Best of Luck!
Which of the following is NOT a factor that is used
to determine your FICO credit score?
O Recently opened lines of credit
O Your debit card use
O Payment history
O The types of credit you use
Debit card use is not a factor that is used to determine a FICO (Fair Isaac Corporation) credit score.
More about FICO (Fair Isaac Corporation) credit score.
Numerous different types of credit information from your credit report are used to construct FICO Scores. Payment history (35 percent), amounts due (30 percent), duration of credit history (15 percent), new credit (10 percent), and credit mix make up the five factors that make up this data (10 percent ).Both positive and negative information from your credit record is taken into account by your FICO scores. The chart's percentages show how significant each category is in influencing how your FICO Scores are computed.To learn more about FICO credit score, refer to
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What is the difference between internal and external customer service
Ans:-
internal customer services are the buyers who join your business and actually become a part of it aka, buyers who are associated with that organization or the products's company. Whereas, external customer services are buyers who just buy this product from your organization aka, they are not affiliated with the company/organization they are purchasing the product etc.
hope this helped! good luck and stay well and safe!
When Marilyn Monroe died, ex-husband Joe DiMaggio vowed to place fresh flowers on her grave every
Sunday as long as he lived. A bunch of fresh flowers that the former baseball player thought appropriate
for the star cost about $5 when she died in 1962. Based on actuarial tables, “Joltin’ Joe” could expect to
live for 30 years after the actress died. Assume that the stated annual interest rate, compounded weekly, is
10.4 percent. Assuming that each year has exactly 52 weeks, what is the present value of this
commitment?
Based on the cost of the flowers and the number of years Joe DiMaggio was expected to live, the present value of the commitment was $2,389.26.
How much is the present value of the commitment?First convert the interest and period to weekly figures:
Period:
= 52 x 30
= 1,560 weeks
Interest:
= 10.4% / 52
= 0.2% weekly
The present value will be that of an annuity because the amount is constant every week:
= Amount x (1 - (1 + rate) ^ -number of periods) / rate
= 5 x (1 - ( 1 + 0.2%) ⁻¹⁵⁶⁰) / 0.2%
= $2,389.26
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Labor, as a factor of production, relates only to the production of manufactured goods; services are not included. true or false
It is a false statement that Labor relates only to the production of manufactured goods and that services are not included.
What is a Labor?This is a factor of production that involves individuals & machines that helps to they produce a good or service for a firm.
The reward for a Labor as a factor of production is known as Wages and Salaries.
Therefore, the statement is false because Labor helps in production of both the goods and services.
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3. At which ONE of the following temperatures do bacteria
grow best?
O 4°C
O 37°C
O -18°C
O 70°C
Answer:
37*C i think? but im not sure
Bosco Corp. is considering a new product that would require an investment of ₦10 million now, at t = 0. If the new product is well received, then the project would produce after-tax cash flows of ₦5 million at the end of each of the next 3 years (t = 1, 2, 3), but if the market did not like the product, then the cash flows would be only ₦2 million per year. There is a 50% probability that the market will be good. The firm could delay the project for a year while it conducts a test to determine if demand is likely to be strong or weak. The project's cost and expected annual cash flows would be the same whether the project is delayed or not. The project's WACC is 10.0%. Calculate the value (in thousands) of the project before and after considering the investment timing option.
The project's value before the timing option is ₦3,268 (in thousands), while the project's value after the timing option is ₦8,954 (in thousands).
How do we calculate the value of a project?1. The value (in thousands) of the project before considering the investment timing option can be calculated as follows:
Using the formula for calculating the present value of an ordinary annuity, the present values of cash flows can be calculated as follows:
PV = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)
Where;
PV = Present value cash flows
P = Annual cash flows
r = WACC = 10.0%, or 0.10
n = number of years = 5
Substitute the values into equation (1), we have:
PV when the market is good = ₦5,000 * ((1 - (1 / (1 + 0.10))^5) / 0.10) = ₦18,954
PV when the market is bad = ₦2,000 * ((1 - (1 / (1 + 0.10))^5) / 0.10) = ₦7,582
Project's value before timing option = (Probability the market will be good * (₦18,954 - ₦10,000)) + (Probability the market will be bad * (₦7,582 - ₦10,000)) = (50% * (₦18,954 - ₦10,000)) + (50% * ((₦7,582 - ₦10,000)) = ₦3,268 (in thousands)
2. The value (in thousands) of the project after considering the investment timing option can be calculated as follows:
Since timing is considered, it means the firm will only invest in the project if the market is strong and the annual cash flow will be ₦5 million without any probability.
Therefore, we have:
Project's value after timing option = ₦18,954 - ₦10,000 = ₦8,954 (in thousands)
3. In addition, the value of option wait can be calculated as follows:
Value of option wait = Project's value after timing option - Project's value before timing option = ₦8,954 - ₦3,268 = ₦5,686 (in thousands)
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What was the opening price of Dow Jones Industrial Average on May 16, 2017 in the format of XXXXX.XX?
The Opening price of the Dow Jones Industrial Average on May 16, 2017, in the format of XXXXX.XX was 20,984.48.
The Dow Jones Industrial Average, Dow Jones, or simply the Dow, is a stock market index of 30 prominent companies listed on stock exchanges in the United States.
So, Dow Jones was 20,984.48 on May 16, 2017.
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How does a bank differ from most other financial-service providers?
Answer:
because
Explanation:
bank include loan,interest and service.together when we say loan we can borrowed money from bank to made any business.also if we put money on bank we benefit from it's interest...also the service mean we kept our money in safe place and the bank gave good take care of it.
so bank is the only financial institution that give this all service together .
As a student of Business Ethics and a managing director of a multinational company, discuss five (5) factors you will consider in managing the multi-cultural and diversified workforce in Ghanaian business organizations.
Communication, ethics, conflict management, learning, and inclusion are some issues to consider when leading a multicultural and diversified workforce in Ghanaian business organizations.
How do you lead a multicultural team?In order to foster a culture that celebrates variety and individuality, it is crucial that there be a number of rules and procedures that concentrate on organizational ethics. The manager must be aware of the requirements of the teams, encourage learning, and include the staff in organizational procedures.
Therefore, the sharing of knowledge, learning, and creativity can benefit from a diverse culture.
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Mr. Liu turns 65 on June 19. He has never previously qualified for Medicare so his first Medicare eligibility date will be by June 1. Mr. Liu’s ICEP and Part D IEP begin March 1 and end on September 30. He wants prescription drug coverage with his Part A and Part B benefits. What advice c
an you provide him?
The advice that you can provide for him is for Mr Liu to enroll in MA-PD.
What is prescription drug coverage?Prescription drug coverage can be defined as the coverage that help to cover prescription drug of the person under the plan.
Based on the given scenario he should enroll in a MA-PD which full meaning is Medicare Advantage Prescription Drug so long as he enrolls in Part B and he is entitled to Part A.
Therefore The advice that you can provide for him is for Mr Liu to enroll in MA-PD.
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ALBERTO: Tami, I’ve got a problem. Can we talk for a minute?
TAMI: Sure, Alberto, what’s up?
ALBERTO: Last week my sous-chef, Ricky, bought tomatoes that just weren’t ripe. It made me really angry. We’ll never keep our Michelin star unless we maintain the quality of our produce!
TAMI: Wow, Alberto, that sounds like a real problem. So you’re saying that Ricky bought tomatoes you couldn’t serve?
ALBERTO: Yes! And it’s not the first time...
TAMI: I’ll do something about this right away.
What component of reflective listening is missing from this conversation?
Affirming contact
Clarifying the implicit
Paraphrasing the expressed
The component of reflective listening that is absent from this conversation is clarifying the implicit.
Affirming contact:
Instead of necessarily signaling agreement, the purpose of affirming contact is to express attentiveness and assurance.
So "Wow" and "Yes!" in the conversation expresses attentivness and make Affirming contact.
Paraphrasing the expressed:
It clarifies to the speaker both what was heard and what the listener's thoughts and feelings were. occasionally use a follow-up question
Hence When TAMI said, "So you're saying that Ricky bought tomatoes you couldn't serve?" she was paraphrasing what was said. when he responded to ALBERTO's remarks.
Clarifying the implicit:
Any implicit messages, such as thoughts and feelings that are not fully or explicitly expressed along with their outwardly expressed message, are clarified.
Hence The conversation lacks Clarifying the implicit.
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Which of the following is a disadvantage of a questionnaire?
Questionnaires are quick and easy to administer.
People usually answer honestly on questionnaires.
Questionnaires yield very little data.
The sample of individuals who respond may not be representative of the population.
The sentence that shows the disadvantage of a questionnaire is option D. The sample of individuals who respond may not be representative of the population.
What is a questionnaire?A questionnaire is a set of printed or written questions with a choice of answers, devised for the purposes of a survey or statistical study.
Therefore, the correct answer is option D. The sample of individuals who respond may not be representative of the population.
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Answer: D. The sample of individuals who respond may not be the representative of the population.
Explanation: This answer makes the most sense, since there is always a chance that the subjects filling out the questionnare are different than the general age group/ race group/ etc. of the larger population.
Proof of validity is shown below.
You plan to participate in an educational event sponsored by a large regional health care system. One of your colleagues suggests that you do a presentation on one of the Medicare Health plans you market and modify it to include information about preventive screening tests showcased at the event. How should you respond to your colleague’s suggestion?
Participation in an educational event may not include a sales presentation, therefore, it is better to inform the colleague that you will not be able to do it.
What do you understand by the term "Educational Event"?An academic event means an academic presentation finished in a single consultation for you to generally now no longer exceed greater than six (6) hours.
Education occasion refers to a schooling occasion, third-party clinical or academic conference, expert assembly or workshop, seminar, U.S. Food, and Drug Administration required education and schooling, or another accumulating held in a venue that is suitable and conducive to informational conversation and schooling approximately healthcare information.
Therefore, Participation in an educational event may not include a sales presentation, therefore, it is better to inform the colleague that you will not be able to do it.
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Why do businesses grow
Answer:
Most firms seek to become bigger – increasing sales and market share. Firms can grow through internal expansion, external growth (merger) or diversification into related industries. The motives for increasing in size can include: Greater sales lead to greater profit, making the firm more attractive to shareholders.
Households can sign up for a telemarketing “no-call list.” How might households who sign up differ from those who don’t? What biases might this create for telemarketers promoting (a) financial planning services, (b) carpet cleaning services, and (c) vacation travel packages?
Answer:
business in good in grenada
a) Households that sign up for the "no-call list" might be more privacy-conscious and value their time.
b) Households on the "no-call list" might be more concerned about privacy and unwanted interruptions, making them less receptive to telemarketing calls promoting carpet cleaning services.
c) Households on the "no-call list" may be less inclined to entertain unsolicited offers for vacation travel packages, as they might prefer to plan their trips on their own terms or through trusted travel agencies.
(a) Financial Planning Services:
They may be less interested in unsolicited calls and prefer to research and seek financial services on their own terms. This could lead to biased telemarketing as financial planners might have fewer leads and potential clients, limiting their outreach to only those who are open to unsolicited calls or who haven't signed up for the list. This can result in missing out on potential clients who might have been interested but are unreachable due to the "no-call list."
(b) Carpet Cleaning Services:
As a result, telemarketers might face challenges reaching potential customers and might need to rely more on alternative marketing channels. This could create a bias in favor of households that haven't signed up for the list, potentially leading to a more favorable response rate from those individuals.
(c) Vacation Travel Packages:
This bias could lead to a decreased likelihood of telemarketers successfully promoting travel packages to households on the list. Telemarketers might need to focus their efforts on households not on the list, potentially affecting the diversity of their clientele and sales.
Overall, the "no-call list" can introduce biases in telemarketing efforts, favoring households that haven't signed up for the list.
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Virtual groups resolve issues related to differences in time, distance, technology, member cultures, and organizational environments during the _____ stage of virtual team formation.
The issues on differences in time, distance, technology, member cultures, and organizational environments are address during the storming stage of virtual team formation.
What is the virtual team formation?In a task processes category, the formation consists of five stages which all the virtual teams typically follows which includes forming, storming, norming, performing, and adjourning.
In conclusion, the issues on differences in time, distance, technology, member cultures, and organizational environments are address during the storming stage of virtual team formation.
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the management of sondela limited has decided to prepare a cash budget for may and june 20x8
Answer:
On the 30thJune a dividend of R5 000 was declared.
The cash balance on the 30thApril was R10 500.Sondela Limited alwayskeeps a minimum cash balance of R10 000.
Explanation:
Managers will invest in Human Resource Management only if, human resource practices such as developing
staff, and communication will result in greater profits. Discuss.
Managers will invest in Human Resource Management only when it brings about greater profit to the organization.
What is human resources management?It should be noted that human resources management simply means the efficient and effective management of people in an organization.
In this case, managers will invest in Human Resource Management only when it brings about greater profit to the organization. This can be done through the training of the employees, etc.
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