Overhead costs to activity costs pools to cost drivers to products best describes the flow of overhead costs in an activity-based costing system.
The term "overhead" describes continuing business costs that aren't directly related to providing a good or service. It is crucial for budgeting as well as for figuring out how much a business must charge for its goods or services in order to turn a profit.
Expenses that are incurred to support the business but are not specifically tied to a product or service are collectively referred to as overhead.
ABC is a technique for allocating overhead and indirect costs, such salaries and utilities, to goods and services. The ABC system of cost accounting is built around activities, which are defined as any occasion, project, or task with a clear objective.
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tacit collusion is difficult if: group of answer choices firms have common interests. the firms in the industry are producing differentiated products. there are many firms in the industry. the oligopolists are selling to many small firms.
A range of things make tacit collusion difficult: huge numbers of firms, complicated merchandise and pricing, variations in interests, and bargaining strength of buyers.
The required details for tacit collusion in given paragraph
Tacit collusion is a collusion among competition, which do now no longer explicitly alternate records and accomplishing an settlement approximately coordination of conduct. There are varieties of tacit collusion - concerted motion and aware parallelism. In a concerted motion additionally regarded as concerted activity, competition alternate a few records with out accomplishing any express settlement, at the same time as aware parallelism implies no communication. In each varieties of tacit collusion, competition conform to play a sure strategy with out explicitly pronouncing so. It is likewise mentioned asoligopolistic rate coordination ortacit parallelism.
A dataset of fuel costs of BP, Caltex, Woolworths, Coles, and Gull from Perth amassed the years 2001 to 2015 changed into used to expose by statistical analysis the tacit collusion among those retailers.
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find the producers' surplus at a price level of $7 for the price-supply equation p=s(x)=3 0.01x2
where p is the price and x is the demand. Round to the nearest dollar. Do not include a dollar sign or any commas in your answer. Provide your answer below:
The producers' surplus at a price level of $7 for the price-supply equation p=s(x)=3 0.01x2 is Zero.
To calculate the producer's surplus at a price level of $7 using the correct equation.
The supply equation given is:
p = s(x) = 30 - 0.01x²
To find the quantity demanded, we need to solve the equation for x when p equals $7:
7 = 30 - 0.01x²
Rearranging the equation:
0.01x² = 30 - 7
0.01x² = 23
x² = 23 / 0.01
x² = 2300
x = √2300
x ≈ 47.96 (rounded to the nearest whole number)
The quantity demanded at a price level of $7 is approximately 48 units.
To calculate the producer's surplus, we need to find the area between the price level and the supply curve up to the quantity demanded.
The producer's surplus is given by the formula:
Producer's Surplus = ∫[0 to x] (p - s(x)) dx
Integrating the equation, we get:
Producer's Surplus = ∫[0 to 48] (7 - (30 - 0.01x²)) dx
= ∫[0 to 48] (7 - 30 + 0.01x²) dx
= ∫[0 to 48] (-23 + 0.01x²) dx
Using the integral, we can calculate the producer's surplus:
Producer's Surplus = [-23x + (0.01 * (x³) / 3)] from 0 to 48
Producer's Surplus = [-23(48) + (0.01 * (48³) / 3)] - [-23(0) + (0.01 * (0³) / 3)]
Producer's Surplus = [-1104 + (0.01 * 110592 / 3)] - [0 - 0]
Producer's Surplus ≈ [-1104 + 368.64] - [0 - 0]
Producer's Surplus ≈ -735.36
However, the producer's surplus cannot be negative. In this case, since the price level of $7 is below the supply curve, there is no producer surplus.
Therefore, there is no producer's surplus at a price level of $7 for the given price-supply equation.
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Q7.1 Question 7.1 4 Points A company is considering investing $1.5 million in a new production system today (year O). The new production system will result in an after-tax cost savings of $200,000 at the end of year 1. These cost savings are then expected to decline at a rate of 4% p.a. forever. Calculate the internal rate of return of the new production system. Show all calculations. Please select file(s) Select file(s)
The internal rate of return (IRR) of the new production system is approximately 13.33%.
To calculate the internal rate of return (IRR), we need to find the discount rate that equates the present value of the cash inflows to the initial investment cost. In this case, the initial investment cost is $1.5 million, and the cash inflows are the after-tax cost savings.
Let's calculate the present value of the cash inflows over time:
Year 1: $200,000
Year 2: $200,000 * (1 - 0.04) = $192,000
Year 3: $192,000 * (1 - 0.04) = $184,320
Year 4: $184,320 * (1 - 0.04) = $176,947.20
...
Continuing this pattern, we can calculate the present value for each subsequent year.
Now, we can set up the equation to find the IRR:
$1.5 million = $200,000 / (1 + r) + $192,000 / (1 + r)^2 + $184,320 / (1 + r)^3 + $176,947.20 / (1 + r)^4 + ...
By solving this equation, we find that the IRR is approximately 13.33%.
The IRR represents the discount rate at which the present value of the cash inflows equals the initial investment cost. In other words, it is the rate of return that the project generates over its lifetime. If the IRR is higher than the company's required rate of return or cost of capital, the project is considered financially feasible and potentially worthwhile.
It's important to note that the IRR calculation assumes that the cash inflows can be reinvested at the same rate as the IRR. Additionally, the IRR is based on the assumption that the cost savings decline at a constant rate of 4% per year indefinitely.
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keeping track of earnest money funds received in the course of a transaction is usually:
Keeping track of earnest money funds received in the course of a transaction is usually necessary to ensure that the funds are properly accounted for and disbursed according to the terms of the transaction.
Earnest money funds are typically paid by a buyer to a seller to demonstrate good faith and commitment to a transaction. These funds are typically held in escrow by a third party until the transaction is completed. It is important to keep track of these funds to ensure that they are properly accounted for and disbursed according to the terms of the transaction. This may involve keeping detailed records of the amount of earnest money received, the date received, and any conditions or contingencies that may affect the disbursement of the funds. Failure to properly account for earnest money funds can result in legal disputes and potential financial liabilities.
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On January 8, an applicant filled out an application for a life insurance policy but did not include the initial premium. The insurance company approved the application on January 14 and issued the policy January 15. The producer delivered the policy on January 26 and collected the first premium. When did the coverage become effective
Answer: January 26
Explanation:
A life insurance policy is simply a contract that an individual has with an insurance company whereby the individual makes premium and in turn, the insurance company would have to give a death benefit, to the beneficiaries of the insurance policy once the insured dies.
Based on the information in the question, the coverage become effective on January 26 which was the day the policy was delivered and the first premium was collected.
The coverage of the life insurance policy becomes effective on 26th January.
A life insurance policy is an agreement between a policyholder and a life insurance company. In return for premiums paid by the policyholder during their lifetime, a life insurance policy promises the insurer will pay an amount of money to one or more named beneficiaries after the covered person passes away.
Life insurance is a binding agreement that provides the policyholder with a death payout in the event that the covered person passes away.
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Explain two ways in which mohammad could increase added value
The 2 ways in which where Mohammed could increase the added value of his company includes:
He could introduce new products and could modernize appearance and equipment in his coffee shop.He could start making cakes and pastries for special occasions like birthdays and weddings.What is an Added value?It refers to the profit that stays in the company as a difference between the total amount earned from sales and the total amount spent for production.
If such company's expenses for each product or service are higher then its price, then it is not going to have any added value. For instance, when company sells postcards for 5 dollars. In the same time, costs for making one postcard are 3 dollar. Added value = = 5 dollar - 3 dollar = 2 dollar.
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What should a person do if he or she gets a job interview?
Find out as much as possible about the company and the position.
Dress casually and speak to the interviewer as though she were a close friend.
Purchase an inexpensive gift for the interviewer.
Create a PowerPoint presentation that demonstrates why you are the best candidate for the job
When preparing for a job interview, it is important to gather information about the company and the position. However, dressing appropriately, maintaining a professional demeanor, and avoiding casual language are essential. While it is not necessary to purchase a gift for the interviewer.
Before attending a job interview, thorough research about the company and the position is crucial. This includes understanding the company's mission, values, products/services, recent news or developments, and the requirements of the position you are applying for. This knowledge will help you tailor your answers and demonstrate your interest in the company.
In terms of attire and behavior, it is important to dress professionally and present yourself in a manner that reflects the seriousness of the occasion. Dressing casually or speaking too informally may give the impression of being unprofessional or not taking the interview seriously. It is best to maintain a respectful and professional tone throughout the interview, addressing the interviewer appropriately and refraining from using casual language.
While it is not customary or expected to bring a gift for the interviewer, it is a thoughtful gesture that could potentially leave a positive impression. However, it is essential to keep the gift inexpensive and appropriate for a professional setting.
Creating a PowerPoint presentation can be a useful tool to showcase your skills, experiences, and qualifications. It allows you to present information in a structured and visually appealing manner, highlighting key points that make you the best candidate for the job. However, it is important to ensure that the presentation is concise, relevant, and aligned with the expectations of the interview process. Not all interviews require or allow for presentations, so it is advisable to confirm beforehand whether it would be appropriate to bring one.
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2. Which form details earned wages, together with required and optional
deductions?
Answer:
no choices?sbsblksbklsjm
To receive a loan from the imf, a country must agree to make economic reforms. join the group of 20. agree to develop certain industries. join the world bank.
To receive a loan from the imf, a country must agree to make economic reforms and conditions related to that loans.
What are the condition to receive a loan from IMF?To receive a loan from the IMF, a country must agree to make economic reforms.It has to follow the conditions associated with loans, debt relief and financial aid.So we can conclude that To receive a loan from the IMF, a country must agree to make economic reforms and conditions related to that loans. #SPJ4
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Answer:
A.) agree to make economic reforms.Explanation:
It is correct on Ed2022
The process through which an economy's production possibilities curve shifts outward is: Group of answer choices investment. full-employment management. resource renewal. out-resourcing.
Resource renewal is the process through which an economy's production possibilities curve shifts outward.
What is the production possibilities curve?It is a graph that shows the possibility of production of two commodities when resources are fixed. It occurs when the resource for manufacturing a product is limited.
When the curve is shifted outward or outside it indicates that there is a need for resources to be renewed.
Therefore, Resource renewal occurs when the economy's production possibilities curve shifts outward.
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why is training important for a good job?plz answer
if the factory overhead account has a credit balance at the end of the first month of the fiscal year, where will the amount of this balance be reported on the interim balance sheet?
The main answer is that if the factory overhead account has a credit balance at the end of the first month of the fiscal year, the amount of this balance will be reported on the interim balance sheet as a liability.
This is because a credit balance in the factory overhead account represents overallocated overhead costs, which means that the company has incurred more overhead costs than it has assigned to production. As a result, the amount of the credit balance is considered a liability that needs to be resolved in future periods.
An explanation for this is that the interim balance sheet is a snapshot of the company's financial position at a specific point in time, typically at the end of a month or quarter. The purpose of the balance sheet is to report the company's assets, liabilities, and equity, and to show how these items are financed. A credit balance in the factory overhead account represents an excess of overhead costs, which is a liability because it means that the company owes its production departments for the unassigned overhead costs. Therefore, this amount is reported on the interim balance sheet as a liability until it is resolved in a subsequent period.
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An innovative business idea that no one has never had
An innovative business idea that no one has never had is Offering virtual assistance to other businesses.
What is innovative business idea ?innovative business idea can be described as an idea in business that cn be developed so that it can be a way to earn a living by providing the services or the goods to the consumer.
It should be noted that this innovation can be the one that no one has ever done or the modification of the one that has been in exisitence, however providing the virtual assistance serves as one of the innovation in business that can ring profit.
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Complete question:
State An innovative business idea that no one has never had
In a market economy, prices are set using a cost/benefit analysis
Do not recall password and i am not receiving password reset email. i wish to cancel my subscription and not be charged now that i am done with school.
In case you did no longer request to acquire those password reset emails, the high-quality route of action is to disregard them.
With software being utilized in so many regions of lifestyles, it is not unusual now to acquire a password reset notification without inquiring for it.
That may be due to a simple typo or someone genuinely trying to advantage get the right of entry to a person else's account. it is able to be puzzling—even alarming—to acquire these emails.
If a person maintains trying to request a password reset, your e-mail address can be fetched through malware, phishing emails, or attacking internet sites.
Run anti-virus/anti-malware scans in your laptop. make certain not to submit your electronic mail cope with publicly or subscribe to suspicious internet pages.
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write a story that ends with and it was all a dream
Answer:
The wound in my side hurt so much. I held my hand to my side, trying to apply enough pressure to help slow the bleeding. It wasn't enough though. The wound was too deep. Blood had already soaked through my shirt and begun seeping through the gaps between my fingers.
I gritted my teeth in pain, trying to stay as quiet as possible. I couldn't get caught at all costs. I would have to start running again soon. I couldn't hide behind this tree forever. They would surely find me if I did.
Using the tree for support, I stood up. As soon as I righted myself, the pain in my side worsened and I couldn't stifle the pained whimper I released. MY head started to feel fuzzy and my vision started to blur. I was about to take a step away from the tree when everything started spinning. Suddenly I was falling and then everything faded to black.
I don't know what happened next, but I do know that I woke up, tangled in the sheets on my bed. It was all a dream.
Maria, a single taxpayer, had losses totaling $30,000 from a rental real estate activity in which she actively participated. Maria also had $15,000 of income from another rental real estate activity in which she actively participated. She acquired both investments in the current year. If Maria has no other passive income and adjusted gross income before passive losses of $70,000, how much loss from rental activities can she use to offset her portfolio and active income?
Answer:
$25,000
Explanation:
The computation of the loss from rental activities is shown below
If there is any loss arise from the real estate with respect to the rental activity so the same would be deducted from the passive income
The losses till $25,000 would be used for offset active or the income of the portfolio
Hence, $25,000 would be the losses
The allowance for doubtful accounts is a(n) (current/contra/opposite) asset account and has a normal credit balance.
Answer:
contra
Explanation:
because its true
miscavage corporation has two divisions: the beta division and the alpha division. the beta division has sales of $245,000, variable expenses of $135,600, and traceable fixed expenses of $64,800. the alpha division has sales of $555,000, variable expenses of $313,800, and traceable fixed expenses of $123,100. the total amount of common fixed expenses not traceable to the individual divisions is $122,200. what is the company's net operating income?
The Company's net Operating Income is $40500.
What do you know about Operating income?
Operating income is generated by a company's operations after deducting operating expenses such as wages, depreciation, and cost of goods sold (COGS). Operating income, is calculated by deducting all operating expenses from a company's gross income, which is equal to total revenue minus COGS. Operating expenses are costs incurred from normal business operations and include items such as office supplies and utilities.
Computation of Company's net Operating Inccome
Beta Division Alpha Divison Total
Sales Revenue $245,000.00 $555,000.00 $800,000.00
Variable Expense $135,600.00 $313,800.00 $449,400.00
Contribution Margin $109,400.00 $241,200.00 $350,600.00
Direct Fixed costs
Directly Attributable $64,800.00 $123,100.00 $187,900.00
Segment Margin $44,600.00 $118,100.00 $162,700.00
Less: Common Fixed costs $122,200.00
Net Income $40,500.00
So, The required answer is $40500
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The set of skills and knowledge needed to make informed decisions about
money matters is called financial literacy.
A. True
B. False
The north american free trade agreement (nafta) went into effect on january 1, 1994. this agreement removed most barriers to trade and investment among the united states, canada, and mexico. this agreement is an example of how the the united states takes part in a:_____.a. regulatory organization b. military agreement c. global economy d. financial agreement
The North American Free Trade Agreement (NAFTA) is an example of how the United States takes part in a regional trade agreement.
Regional trade agreements (RTAs) are agreements between two or more countries in a geographic region to reduce barriers to trade and investment. These agreements typically involve the elimination or reduction of tariffs, quotas, and other trade barriers, and may also include provisions related to intellectual property rights, labor standards, and environmental protection.
NAFTA is one of the largest and most comprehensive regional trade agreements in the world, covering a population of over 460 million people and a combined GDP of more than $23 trillion. Since its implementation in 1994, NAFTA has had a significant impact on trade and investment in North America, and has been credited with creating jobs, boosting economic growth, and promoting closer ties between the United States, Canada, and Mexico.
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which of the following is not one of the three types of contingent valuation surveys?
The correct answer is "Stated preference survey" as it is not one of the three types of contingent valuation surveys.
Contingent valuation surveys are a methodology used in economics to estimate the value individuals place on goods, services, or environmental resources that do not have a market price. The three main types of contingent valuation surveys are:
Open-ended contingent valuation surveys: These surveys ask respondents an open-ended question about the maximum amount they would be willing to pay (WTP) or accept (WTA) for a particular good or service.
Closed-ended contingent valuation surveys: These surveys provide respondents with a set of predetermined payment options, often presented in a multiple-choice format. Respondents choose their preferred option or indicate their WTP or WTA from the provided choices.
Dichotomous choice contingent valuation surveys: In these surveys, respondents are presented with a yes-or-no question, typically framed as whether they would be willing to pay a specific amount for the good or service being valued.
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Who seeks out information about products a seller has to offer
Answer:
the owner of the product or the boss
Joshua is a new project manager. He is unsure of how much time a new task will require to be completed on the project. He decides to use ________ to estimate a realistic time frame for the task.
Answer: PERT
Explanation:
You are responsible for an automobile accident. Use the information below to determine:
1. the total amount your liability insurance will pay for the accident
2. the total amount your collision insurance will pay for the accident
3. the amount of additional damages you are responsible for as a result of the accident
You and the driver of the other car were the only people involved in the accident. There were no injuries from the accident.
You have a 50/100/50 liability insurance policy with no deductible
You have collision insurance with a deductible of $500
The other car was valued at $25,000 and requires $10,000 in repairs
Your car was valued at $20,000 and requires $15,000 in repairs
The total amount your liability insurance will pay is $25,000 and the total amount your collision insurance will pay for the accident is $24,500.
Insurance1. Total liability to pay
Total liability to pay= Car value at $25,000 repair + Car value at $20,000Repairs
Total liability to pay=$10,000+$15,000
Total liability to pay=$25,000
2. Total collision amount to pay:
Total collision=$25,000-$500 (Deductible)
Total collision=$24,500
3. The amount of additional damages you are responsible for as a result of the accident is $0.
Therefore the total amount your liability insurance will pay is $25,000 and the total amount your collision insurance will pay for the accident is $24,500.
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Retail websites can most advisedly grow their email list by:.
Retail websites can most advisedly grow their email list by giving their customers the option to sign up their email during the check in.
What are retail websites?The retail websites are websites that offer products for sale to the public. They can be owned and operated by individual retailers or by larger companies that offer products from multiple retailers.
These websites typically feature a variety of products, ranging from clothing and electronics to home goods and food. They allow customers to browse and purchase items from the comfort of their own homes, using their computers or mobile devices.
The examples of retail websites are Amazon, Walmart. The retail websites can most advisedly grow their email list by giving their customers the option to sign up their email during the check in.
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What is the advantage of displaying data in a graph rather than just listing data in a table?.
Answer:
✒️Answer:Because of their visual nature, they show the overall shape of your data. This is when you should use graphs instead of tables: The message is contained in the shape of the values (e.g. patterns, trends, exceptions). The display will be used to reveal relationships among whole sets of values.
Explanation:
#CarryOnLearning\(watch.some.anime\)
What is the most likely reason Persia gave economic control to Russia and Britain it felt it had no choice because Russia and Britain were so powerful?
Yes, this is the most likely reason. Persia had little choice but to accept the economic control of Russia and Britain due to their overwhelming power. Persia was unable to resist their demands and had to accept whatever terms were put forward.
What is economic control?Economic control is the process of managing and influencing the behavior of businesses and individuals in a way that maximizes economic efficiency and outcomes. It involves making decisions that affect production, distribution, pricing, and other aspects of the economy. It is a form of regulation used by governments and other organizations, such as the World Bank, to influence how economic resources are used and distributed. Economic control can be used to promote economic growth, reduce poverty, and ensure a fair distribution of resources. It also ensures that economic resources are used efficiently and that environmental and social costs are taken into account. Economic control is an important tool in ensuring economic stability and a healthy economy.
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Machvile Corporation, a robotics company, decides to acquire Chancera Inc., a start-up company that operates within the same industry. To better assess its decision, the management of Machvile Corporation needs to find out the value of Chancera Inc.'s total assets. The management has information regarding Chancera Inc.'s liabilities and stockholders' equity. In this scenario, the management should most likely use the _____ to get the required information.
Answer: Accounting equation
Explanation:
The accounting equation is a proposition or formula that accesses a company's assets by summing up it's equity and liabilities. It means that the equity of a company would equal it's assets minus liabilities.
Machvile Corporation can access properly the worth of Chancera Inc.'s by using the Accounting equation, weighing their assets and leaving out their liabilities.
Which of the following is the type of supplier integration where suppliers establish manufacturing facilities closeby?
a. Collaborative forecasting
b. Vendor managed inventory
c. Insourced warehousing
d. Early supplier involvement in NPD
e. Supplier-integrated manufacturing
The correct answer is e. Supplier-integrated manufacturing. In this type of supplier integration, suppliers establish their manufacturing facilities in close proximity to the buyer's facilities.
This arrangement allows for better coordination, communication, and sharing of resources between the buyer and the supplier. It enables faster response times, reduced transportation costs, and increased supply chain efficiency. By locating manufacturing facilities nearby, both parties can collaborate closely, streamline production processes, and optimize the flow of goods, leading to improved quality control, lower lead times, and enhanced overall operational performance. Supplier-integrated manufacturing promotes stronger partnerships and facilitates a seamless integration of the buyer's and supplier's manufacturing capabilities.
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