The standard overhead applied is based on the actual level of activity multiplied by the predetermined overhead rate.
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.
The sum of anticipated overhead costs for a time period is known as a standard overhead cost, also known as a rate.
In other words, this is the cost that management expects to incur throughout the upcoming time period.
The budgeting process is used to create the company's future production and output plans using standard overhead rates.
Hence, the blank in the given statement is to be filled by the word actual.
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Assume that you are interested in earning some return on idle balances you usually keep in your checking account and decide to buy some money market mutual fund shares by writing a check. Everything else theâ same, M1 will â¼ stay the same decrease increase and M2 will
M1 will decrease, M2 will stay the same, after deciding to buy some money market mutual fund shares.
What are mutual funds?A corporation that pools money from several people and invests it in securities like stocks, bonds, and short-term debt is known as a mutual fund. The portfolio of a mutual fund refers to all of its holdings. Mutual fund shares are purchased by investors. Each share reflects a shareholder's ownership interest in the fund and the revenue it produces. Money market funds, bond funds, stock funds, and target date funds are the four primary categories into which most mutual funds fit.Money market funds are comparatively risk-free. They are only permitted by law to invest in a select group of high-quality, short-term securities issued by American businesses and national, state, and municipal governments.
Therefore, M1 will decrease, M2 will stay the same.
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Jeanne wants to purchase a life insurance policy with guaranteed premiums. What kind of policy would she want to purchase
If Jeanne wants to purchase a life insurance policy with guaranteed premiums, the kind of policy she would purchase is b. Nonparticipating policy.
What is a nonparticipating policy?A non-participating policy is an insurance policy in which the policyholder does not receive dividends from the life insurance plan if the insurance company achieves a surplus or profit in a period.
Another attribute of a nonparticipating policy is that premiums are less than other policies and remain fixed from period to period.
Thus, if Jeanne wants to purchase a life insurance policy with guaranteed premiums, the kind of policy she would purchase is b. Nonparticipating policy.
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Question Completion with Answer Options:a. Dividend policy
b. Nonparticipating policy
c. Mutual policy
d. Participating policy
e. Stock policy
When preparing the statement of cash flow using the indirect method, Depreciation Expense is ______. Multiple choice question. subtracted net income under the financing activities section subtracted from net income under the operating activities section added back to net income under the financing activities section added back to net income under the operating activities section
When preparing the statement of cash flow using the indirect method, Depreciation Expense is Added back to net income under the operating activities.
What is the indirect method for a cash flow statement?The indirect method for a cash flow statement serves as one of the methods that helps in the presentation of data which can be used to display the expenditure of a company during a certain period .
This method takes the company's net income , then perform addition or subtraction on balance sheet items to determine cash flow.
hence, When preparing the statement of cash flow using the indirect method, Depreciation Expense is Added back to net income under the operating activities.
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Tableau is used to create dynamic and interactive visualizations. Dynamic visualizations can change over time. What does it mean for a visualization to be interactive?
Visualization to be interactive mean that the audience can control what data they see. The graphic display of information and data is known as data visualization. A good visualization highlights the important information while minimizing the noise in the data.
Data visualization tools make it simple to identify and analyze the trends, outliers, and the patterns in data by utilizing visual elements such as charts, graphs, and maps. Another sort of visual art that captures our attention and keeps it fixed on the message is data visualization. Audience can immediately see trends and outliers when we look at a chart.
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Spending plans are divided into three categories with roughly ______% of the after tax budget going to the category of needs and _____________ % of the after tax budget going to wants, with the rest going to esi.
Spending plans are divided into three categories with roughly 50% of the after tax budget going to the category of needs and 30 % of the after tax budget going to wants, with the rest going to ESI.
More about Spending plans:
A spending plan is a way to allocate your income to the assortment of needs and wants. You can effectively manage your finances and choose where to spend your money by making a spending plan in advance.
In the spending plan daily costs and short-term spending are your needs. Consider your rent or mortgage payment, groceries, gas, auto payments, and so on. You must budget for these expenses because, well, you can end up in some serious financial difficulty if you don't.
The items and experiences you want and wish to budget for are often your wants. Taking a trip with friends or family over the weekend, attending a concert, or going out to dinner are some examples.
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Product warranties, effects of environmental problems, and lawsuits are examples of transactions or events that give rise to
Product warranties, effects of environmental problems, and lawsuits are examples of transactions or events that give rise to Contingency.
What is Contingency?A contingency is the potential possibility of a bad event, such as a pandemic, economic downturn, natural disaster, fraud, or terrorist attack. The coronavirus outbreak that struck businesses in 2020 made many employees reliant on remote work. Companies had to adopt a remote work strategy as a result. Working remotely wasn't an option for some organizations, though, and as a result, increased security measures for both employees and clients were put in place to stop the virus from spreading.Although contingencies can be planned for, it is often impossible to predict the kind and breadth of such unfavorable events in advance. Businesses and investors conduct analyses and put defensive measures into place to prepare for potential possibilities.
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The Beanny Company had budgeted sales of 1,000 units with a per unit selling price of $5 per unit. Actual sales were 1,100 units at a selling price of $4.75. What is its sales volume variance?
Its sales volume variance is: $500 Favorable.
Sales volume varianceUsing this formula
Sales volume variance = (Actual units sold− Budgeted units sold) × Selling price
Let plug in the formula
Sales volume variance = ( 1,100 − 1,000) × $5 per unit
Sales volume variance = $500 favorable
Therefore the Sales volume variance is 500 favorable.
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As soon as possible, you need to learn from Lori in Shipping and Receiving whether she and her colleagues can fulfill a large, time-sensitive customer order. If she cannot, you need her advice on where you can get it done.
1. I will email him the report attachment and any questions I would like to clarify. As with the time difference between the two offices, it's very early in the day when I call and disturb my colleague, and it's at a different time than usual, so I'll email him to clarify. is appropriate. Also, clarifications can be well explained in writing and it is easy for the person to reply to the same email to clarify my doubts. It may not respond immediately and delay the process. To do this, send him a text message along with your email and ask him to check his email when he receives the message and replies to you immediately.
2. You can send an instant her message to the member of the meeting you are about to report to let them know about the delay. The advantage is that instant her messages are good because everyone who is concerned about the delay is notified at once, and not a message to record for later reference. The downside is that there is no confirmation that all recipients have read the message, so they are not properly notified.
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The recognition that an organization's success is dependent on, and tied directly to, how well it values, engages, and includes the rich diversity of its community members is known as:
Inclusive excellence
The concept of inclusive excellence acknowledges that a community's success is closely related to how well it appreciates, engages, and includes all of its members, including its students, teachers, staff, alumni, friends, and affiliates.
Inclusive excellence is the understanding that an organization's success depends on and is directly correlated with how well it values, engages, and incorporates the rich diversity of its community members.
The Inclusive Excellence framework, which focuses on five imperatives for diversity, equity, and inclusion, is used as the basis for campus and community efforts in the Strategic Plan for Inclusive Excellence.
It offers a method for achieving excellence and equity in the workplace, on campuses, and in the classroom.
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A firm that successfully leverages network effects can?
A firm that successfully leverages network effects can push the industry into the growth stage.
What is The network effect ?The network effect is a phenomenon whereby increased numbers of people or participants improve the value of a good or service. Network outcomes. occur when a product or service's value rises together with its customer base. When they occur, network effects rank among the most significant factors in your decision to choose one good or service over another. More users equals more worth.By doing away with gatekeepers, they enable new sources of supply and value generation and scale more effectively.
What are network effects?
By expanding your client base, market share, and the overall value proposition of your product, network effects help you scale your firm and enhance profitability. A network effect is when your product's value rises as more people use it, if you're wondering what that is.Learn more about network effects
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Too much inventory on hand a.increases the losses due to price declines b.ties up funds that could be used to improve operations c.increases the cost to safeguard the assets d.all of these
A correct option is an option (d) i.e., all of these
What do you mean by inventory?
The accounting of goods, components, and raw materials that a business either sells or utilizes in production are known as inventory. You use inventory management as a business leader to make sure you have enough goods on hand and to spot when there is a shortfall.
Why is keeping too little and too much inventory bad?
Inventory is bought to resell it for a profit, and keeping too much of it on hand can cause working capital to become locked up in items. As degradation happens and demands decline over time, inventory loses value and eventually loses money.
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Sasha's home has a current fair market value of $193,200. She has a first mortgage of $160,000 and second mortgage of $13,200. What is her current equity
If She has a first mortgage of $160,000. Her current equity is $20,000.
Current Equity
Using this formula
Current equity=Current fair market-(First mortgage+ Second mortgage)
Let plug in the formula
Current Equity=$193,200-($160,000+$13,200)
Current Equity=$193,200-$173,200
Current equity=$20,000
Therefore If She has a first mortgage of $160,000. Her current equity is $20,000.
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If you lose your credit card, typically there is __________ liability on any purchases made fraudulently.
If you lose your credit card, typically there is a limited liability on any purchases made fraudulently.
What is the liability for the loss of a credit card?The liability for a lost credit card is limited to $50 in the United States.
However, if a person losses a credit card before use, the card company cannot hold the account owner responsible for any unauthorized charges.
But the loss of a credit card must be promptly reported to the card issuer.
Thus, if you lose your credit card, typically there is a limited liability on any purchases made fraudulently.
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The percentage of commercial banks' checking and savings accounts that must be kept in the bank is referred to as ______.
The percentage of commercial banks' checking and savings accounts that must be kept in the bank is referred to as :- Statutory Reserve Ratio.
The statutory reserve ratio (SRR) is the proportion of the deposit liabilities that commercial banks are required to keep as a cash deposit with the Central Bank. Under the Monetary Law Act (MLA), commercial banks are required to maintain reserves with the Central Bank at rates determined by the Bank.
Why is SRR important?Reserve requirements are the amount of funds that a bank holds in reserve to ensure that it is able to meet liabilities in case of sudden withdrawals. Reserve requirements are a tool used by the central bank to increase or decrease the money supply in the economy and influence interest rates.
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Answer:
reserve requirement
Explanation:
Members of regional trade blocs tend to develop _____ diversity in the types of goods and services that their firms produce.
This has the effect of making per capita real GDP growth _____ stable, which tends to ______ economic growth.
A.
less; less; decrease
B.
more; more; increase
C.
more; less; decrease
D.
less; more; increase
The economic analysis above will be correct if Option B is selected. See the explanation below.
What is a regional trade bloc?A regional trade bloc occurs when member nations who (may or may not be geographically near to one another) decide to form a trading arrangement that is flexible.
Hence, the correct statement is:
Members of regional trade blocs tend to develop more diversity in the types of goods and services that their firms produce.
This has the effect of making per capita real GDP growth more stable, which tends to increase economic growth.
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Changes in taxes and spending that happen without actions by the government are called.
Changes in taxes and spending that happen without actions by the government are called automatic stabilizers.
How Do Automatic Stabilizers Work?
Automatic stabilizers are a sort of fiscal policy intended to counteract changes in a country's economic activity through the course of their regular operation without additional, timely approval by the government or policymakers.
The most well-known automatic stabilizers include gradually graduated corporate and individual income taxes, as well as transfer programs like welfare and unemployment insurance. Because they act to smooth economic cycles and are automatically initiated without further government intervention, automatic stabilizers are so named.
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White Wedding Corporation will pay a $2.65 per share dividend one year from today. The company pledges to increase its dividend by 4.75 percent per year, indefinitely. If you require a return of 11 percent on your investment, how much will you pay for the company's stock today
The amount I will pay for the company's stock today is $42.40.
How much would I pay for the company's stock?The amount I would pay for the company's stock is dependent on the value of the stock. The value of the stock can be determined using the Gordon growth model.
According to the Gordon growth model, the value of a stock is a factor of its dividend, growth rate and the rate of return.
Value of a stock = next year dividend / (rate of return - growth rate)
$2.65 / (11 - 4.75%)
$2.65 / 6.25%
$2.65 / 0.0625 = $42.40
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Suppose that when a firm produces the level of output at which price equals marginal cost, the firm's total revenue is less than its variable cost. In this case, the firm should:
When the firm's total revenue is less than its variable cost, the firm should shut down temporarily.
What is total revenue?It should be noted that the total revenue simply means the total amount that's generated from the sales of goods and services.
In this base, when the firm's total revenue is less than its variable cost, the firm should shut down temporarily as it's not profitable to continue producing.
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If a worker was climbing on a tower while attached to a vertical lifeline, the workers fall protection system would be provided by:
If a worker was climbing on a tower while attached to a vertical lifeline, the workers fall protection system would be provided by: single anchor vertical lifeline , and mobile fall arrestors.
What is a protection system?Protection system can be defined as the system that help to protect and safeguard people from hazard or to protect people from material that may fall on them while climbing a tower.
Hence, the protection system that will help to protect a worker or an employee who fall while climbing on a tower are;
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Analyze, using a production possibility curve (PPC) diagram, the possible effects of faster internet speeds for economic growth.
Faster internet speeds can accelerate economic growth by increasing the slope of the production possibility curve.
What is a production possibility curve?A production possibility curve is a graphical representation of the productivity of a given organization/country based on information about advantageous inputs.
A faster internet speed can increase productivity by increasing the chances of customer satisfaction and also boosting collaborative efforts.
In conclusion, faster internet speeds can accelerate economic growth by increasing the slope of the production possibility curve.
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A private closed economy includes:
A private closed economy includes households, businesses but not government or international trade.
What is a private closed economy?A private closed economy is an economy that is driven by consumer spending and business investment. There is no contribution from the government. Also a private closed economy is closed off from the import or the export of goods and services.
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Economists believe that production possibilities frontiers are often bowed because?
Economists believe that production possibilities frontiers are often bowed because some resources are better suited to the production of some goods than other goods.
What is the production possibilities frontier?This is the term that is used to refer to the way that a particular country is going to go about the allocation of its scarce resources so that they may be able to produce as much outputs as they can in the economy. The frontier is one that helps to show the different combination of output that is possible.
This is usually shown on a graph. Hence we can conclude that the production possibilities frontiers are often bowed because some resources are better suited to the production of some goods than other goods.
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If a contruction company in dallas builds a bridge in houston, the project would be classified as:________
If a construction company in Dallas builds a bridge in Houston, the project would be classified as Domestic.
This is further explained below.
What is a Domestic Project?Generally, Domestic projects include the building of a bridge between Dallas and Houston by a Dallas-based construction firm.
In conclusion, Any project that is situated inside the 48 states that make up the continental United States of America, as well as within the District of Columbia, is referred to as a domestic project.
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Complete Question
If a construction company in Dallas builds a bridge in Houston, the project would be classified as
A. Global.
B. Overseas.
C. Local.
D. Domestic.
Under ucc 2-302, who has the best chance of getting out of the contract due to unconscionability?
Under UCC 2-302, Breanna has the best chance of getting out of the contract due to unconscionability.
UCC 302 rule defines that if any contract or any part of the contract is found unconscionable at the time when it was made by the court, then the court can either refuse to enforce the contract or reinforce without the unconscionable clause.
When Breanna signed the contact to purchase AC, it was an urgent situation where she get only a little chance to bargain and she had to agree to the terms of the contract.
The contract was overcharged by the addition of $500 as interest and financing fees as Breanna had poor credit at that time.
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You were recently hired as the head of the PMO of a company which is transitioning into a projectized organizational structure to implement projects u
To outline the control process, you listed three broad elements the first element would be a. set project baseline
Three basic elements of the management process in an organization include standard settings, performance measurements, and performance comparisons with standards.
Industrial process control in continuous manufacturing processes is the field that uses industrial control systems to achieve production levels of consistency, economy, and safety that were not achievable with purely human manual control.
This question is incomplete. Please read below for the complete question
You were recently hired as the head of the PMO of a company which is transitioning into a projectized organizational structure to implement projects using the waterfall approach. You would like to develop a project control process for measuring and evaluating project performance.
To outline the control process, you listed three broad elements. Which of the following is the first element?
a. Set project baselines
b. Measure project performance
c. Compare planned performance to actual results
d. Set a reward system
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When i'magoldminer chooses what quantity of gold each of it/s mines will produce over the next 12 months, this quantity, along with the prices prevailing in the market for output and inputs, will?
If i'magoldminer chooses what quantity of gold each of it/s mines will produce over the next 12 months, this quantity, along with the prices prevailing in the market for output and inputs, will determine the company's total revenue, total costs, and its profits.
What is total revenue?Total revenue can be defined as the total amount of income generated by a company or an organization at a particular period of time while on the other hand total costs can be defined as the total expenses a company incurred.
Hence, if a company chooses the quantity of gold each of its mines will produce, this quantity produced , along with the prices in the market for output and in2wqputs, will determine the company's total revenue, total costs, and its profits.
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Ensuring proper collection preservation and safeguarding of federal records is the responsibility of.
Ensuring proper collection preservation and safeguarding of federal records is the responsibility of All Air Force Personal.
What is Record Management Policy?All federal agencies are required under the Federal Records Act (44 U.S.C. 31) and related Code of Federal Regulations (CFRs) to keep records that detail their operations, file records for secure storage and quick retrieval, and dispose of records in accordance with agency schedules.A record keeping policy is a collection of guidelines for managing the creation, receipt, storage for historical purposes, and destruction of documents and other information within an organization.When it comes to safeguarding the rights and interests of the general public, holding public servants responsible for their acts, and recording the history of our country, federal records are crucial corporate assets.Employees of the government are responsible for maintaining and creating Federal records as part of their duties.There are numerous types of federal records, including but not restricted to:
recordings of audio and/or videodrawings for architecture, engineering, and other fieldselectronic messages, such as texts, emails, and instant messages, used in computer-aided designGeospatial data and maps, notes, and picturespresentationsreports with statistics and narratives about social media contentweb statisticsKnow more about Record Management Policy https://brainly.com/question/14693974
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Some union agreements state that current employees must be informed of upcoming new openings. This practice is called job?
Some union agreements state that current employees must be informed of upcoming new openings. This practice is called internal job posting or just posting.
When company gets new vacancy first they should give opportunity to internal employees rather than going external. Giving opportunity to current employees increases their motivational level. This also sends a positive message to employees that company thinks of their growth and career advancement and they work for the organization more seriously.
This process also helps company by saving it's time and cost as posting can be done easier because employees can be found within the firm and employer can get right feedback of the employee plus it provides short learning curve.
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Norma Rose is buying shares in a mutual fund that invests in foreign stocks sold in securities markets throughout the world, excluding the United States. What type of mutual fund is she buying
Norma Rose is buying shares in a mutual fund that invests in foreign stocks sold in securities markets throughout the world, excluding the United States. The mutual fund is buying are "International fund".
What are International funds?A mutual fund that can invest in businesses anywhere in the globe, not just in the nation where its investors live, is known as an international fund.
Some characteristics of the international funds are-
Global funds, which can invest in businesses from any country in the world, are different from international funds. Foreign funds and international funds are two synonyms for each other.Geographic portfolio diversification is the main advantage of investing in foreign mutual funds. Foreign market investing aids in the recovery from the current local market crisis. Global markets have a larger likelihood of long-term growth.Emerging markets, new economies, or speciality growth industries in international markets, like diamonds and tourism, are a few examples. Due to the booming emerging markets and as a hedge against the decline in the value of the dollar, international funds have fared well over the past 20 years.Thus, International funds invest in non-U.S. markets, while global funds can hold both U.S. and non-U.S. companies in their portfolios.
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Jay's new loan to purchase a property includes the seller's existing mortgage. What type of loan is this
The type of loan that this is known to represent is what is referred to as the wraparound mortgage loan.
What is the wraparound mortgage loan?This is the type of mortgage that has to do with the fact that the borrower is financing another loan when they have not been able to finance the original mortgage itself.
This type of loan is beneficial to a person given that they would be able to get a system of loan that may not have been possible before.
Hence we have to conclude that Jays financing a property when he has an existing mortgage is what is called the wraparound mortgage loan.
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