Upscale hotels in the United States recently cut their prices by 20 percent in an effort to bolster dwindling occupancy rates among business travelers. A survey performed by a major research organization indicated that businesses are wary of current economic conditions and are now resorting to electronic media, such as the Internet and the telephone, to transact business. Assume a company’s budget permits it to spend $5,000 per month on either business travel or electronic media to transact business. Graphically illustrate how a 20 percent decline in the price of business travel would impact this company’s budget set if the price of business travel was initially $1,000 per trip and the price of electronic media was $500 per hour. Suppose that, after the price of business travel drops, the company issues a report indicating that its marginal rate of substitution between electronic media and business travel is 1. Is the company allocating resources efficiently? Explain
Answers
The graphical representation is provided in the attached. It demonstrates how a 20% decrease in the cost of business travel would affect this company's budget if the cost of business travel was initially $1,000 per trip and the cost of electronic media was $500 per hour. This is an exercise related to Resource allocation.
What is resource allocation?The practice of assigning and managing assets in a way that meets an organization's strategic planning goals is known as resource allocation.
From the information given, is the company allocating resources efficiently?It would be incorrect to state that the company is allocating resources efficiently.
What is the explanation for the above?When the cost of business travel is reduced by 20%, the new price of business travel is as follows:
1000 * 20%
= $200
New price =
1,000 - 200
= $800
Recall that the budget limit is $5,000:
Number of travel units assuming the budget is fully allotted for travel
= 5000/800
= 6.25 journeys
Number of travel units assuming the funding is entirely devoted to media
= 5000/500
= 10 media
We can establish a budget line B2 with media on the y-axis and travel on the x-axis based on the information provided.
When the price is reduced, the budget line changes to the right, reading the budget line's slope and steepness.
It should be remembered that the Marginal Rate of Substitution (MRS) is the budget line's gradient. This line is formed from a change in the y-axis and a change in the x-axis.
Thus:
Budget line = - dy/dx
= - 10/6.25
Budget Linen = -1.6
This indicates that for every unit of business trip, we must sacrifice 1.6 units of media.
Remember that the MRS is -1, which implies that for every unit of business trip, the corporation gives away one unit of media.
In other words, they are paying the same price as for business travel, resulting in an inefficient use of resources.
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Related Questions
The sales and cost data for two companies in the transportation industry are as follows:
X Company Y Company
Amount Percent Amount Percent
Sales $ 150,000 100.00 $ 150,000 100.00
Variable costs 90,000 60.00 45,000 30.00
Contribution margin 60,000 40.00 105,000 70.00
Fixed costs 34,200 70,250
Operating income (πB) $ 25,800 $ 34,750
X Company's degree of operating leverage (DOL) at the current sales volume level is calculated to be:
Multiple Choice
2.33
3.00
5.00
4.00
1.00
Answers
The correct option for X Company's degree of operating leverage (DOL) at the current sales volume level is calculated to be is A. 2.33
For X-Company :
Degree of operating leverage = Contribution ÷ EBIT i.e., operating income
= 60000 ÷ 25800
= 2.33 times
Operating leverage is a fee-accounting method that measures the degree to which a company or assignment can boom operating profits by way of growing revenue. An enterprise that generates sales with an excessive gross margin and occasional variable charges has high operating leverage.
Generally speaking, high operating leverage is better than low operating leverage, because it permits groups to earn large profits on each incremental sale. Having said that, groups with a low degree of operating leverage may also discover it simpler to earn a profit when dealing with a decreased level of income.
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Describe at least two ways you can tailor your resume to fit a specific employer.
Answers
In describing at least two ways you can tailor your resume to fit a specific employer you include a list of your relevant experiences, skills, and accomplishments...
Compare the details of your application to the job posting. This is further explained below.
What is a resume?Generally, A candidate for employment composes a resume, which is a formal document, in order to detail their credentials for a certain post. A cover letter tailored to the position or firm being applied for is often included with a resume. In the cover letter, the candidate draws attention to the information on the CV that is most relevant to the position or company and indicates interest in working there.
What exactly is meant by the term employer?A person, business, or organization that hires workers and compensates them for their efforts is known as an employer. Workers who are compensated monetarily for their efforts are referred to as employees. Employers give employment.
In conclusion, You should include a list of your relevant experiences, abilities, and achievements on your resume, and you should also describe at least two ways that you may modify your resume to match the needs of a particular company.
Examine the particulars of your application in light of the ad for the position.
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Rights are offset by _____, which are obligations to perform certain tasks and duties.
Answers
A measure of the burden of continual deficit financing over time is the ratio of:.
Answers
A measurement of the burden of continual deficit financing over time is the ratio of the debt to the GDP.
Budget DeficitA budget deficit emerges when costs exceed revenue, and can indicate the financial health of a country. The government normally uses the period budget deficit when referring to spending rather than firms or individuals. Accrued deficits form national debt.
One of the direct risks of a budget deficit is inflation, which is the constant boost of price levels. In the United States, a budget deficit can compel the Federal Reserve to release more money into the economy, which feeds inflation.
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a cellular phone is a phone that is cellular" How might you explain to the speaker the problem with this assertion?
Answers
When there is a positive externality in a free market, too much of the good is produced and consumed. True or false?.
Answers
When there is a positive externality in a free market, too much of the good is produced and consumed. This statement is false.
Positive externalities happen when the usage of a good or its production results in a benefit to a third party.
For instance, you receive a private advantage when you consume education. However, there are advantages for the rest of society as well.
For instance, you can educate others, and as a result, they gain from your education. (A positive externality of consumption)
Positive externalities cause market failure and underconsumption.
Among the government initiatives to boost demand for items with favorable externalities
Regulations and guidelines - minimum school ageIn order to boost the stock of high-quality housing, the government is creating more council housing.Price-lowering and consumption-encouraging subsidies, such as those provided by the government for rural train services.Hence, the given statement is false.
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Household production, such as baking bread at home, is not included in gdp because it:.
Answers
Household production, such as baking bread at home, is not included in GDP because it does not involve a market transaction.
What is GDP?Gross domestic product (GDP) is a monetary indicator of the total market worth of all the finished products that nations create over a certain time period. This measurement is frequently changed before it can be trusted as an indicator because of how complicated and subjective it is.
The total amount of money spent during a specific time period by firms, consumers, and the government may be used to compute GDP. It may also be determined by adding up the total amount of money that each economic participant has received. The figure represents an estimate of "nominal GDP" under both scenarios.
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how do you find the total fixed cost using the table
Answers
Answer:
Total cost (TC) = Total variable cost (TVC) + Total fixed cost (TFC)
Therefore,
Total fixed cost = Total cost - Total variable cost
hope am helpful
Answer: Total fixed cost= Fixed cost- total variable cost
Explanation: you should add the fixed cost and the variable cost then the answer you get by adding the fixed cost and the variable cost is the total fixed cost.
use the below way to find the Total fixed cost;
Fixed cost= Fixed cost (TC) + Variable cost (TVC)
then to get the total fixed cost;
Total fixed cost= Fixed cost- total variable cost
ASAP I WILL GIVE BRAINEST
A good theory is hard to understood, while simple enough to capture the key features of the object or situation being studied.
True
False
Events that occur locally, or nationally, impact the rest of the consumers and producers in this country.
True
False
Microeconomics and macroeconomics are not separate subjects, but rather complementary perspectives on the overall subject of the economy.
True
False
Most real-world industries will either be a perfect competition or a monopoly and will not fall in the middle ground of market structures.
True
False
Answers
Based on economic theory, the true and false statements on the economy are:
True:
Events that occur locally, or nationally, impact the rest of the consumers and producers in this country.Microeconomics and macroeconomics are not separate subjects, but rather complementary perspectives on the overall subject of the economy.False:
A good theory is hard to understood, while simple enough to capture the key features of the object or situation being studied.Most real-world industries will either be a perfect competition or a monopoly and will not fall in the middle ground of market structures.What is the economy like?In order to explain the economy, economists turn to economic theory which are to be easy to understand and complex enough to capture the key things that are being studied.
Industries in the real world are often not fully purely competitive or a monopoly but instead fall somewhere in the middle.
Microeconomics and macroeconomics are not different but instead focus on different perspectives of an economy and therefore help explain how a local or national event can affect an entire nation.
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Chapter 10 Standard Costs and the Balanced Scorecard EXERCISE 10-3 Direct Materials Variances [LO2] Refer to the data in Exercise 10-6. Assume that instead of producing 4,000 units during the month, the company produced only 3,000 units, using 14,750 pounds of material. (The rest of the material purchased remained in raw materials inventory.) Required: Compute the direct materials price and quantity variances for the month.
Answers
The required answer is materials price variance=[tex]\$ 3,000 \mathrm{~F}$[/tex]
Materials quantity variance [tex]$=\$ 2,375 \mathrm{U}$[/tex]
Materials price variance:
When the actual price paid for materials used in manufacturing differs from the standard price for the materials, this is referred to as a material price variation (MPV). If the actual price paid for the materials is less than the standard price, the material price variance will be beneficial.
The materials quantity variance is calculated simply for the amount of materials utilized in production, as opposed to the materials price variance, which is computed for the total amount of materials purchased in the solution below.
Actual Quantity of Input, at Actual Price
[tex]$(\mathrm{AQ} \times \mathrm{AP})$ \\[/tex]= [tex]$20.000$[/tex] pounds [tex]$\times$ \\[/tex] [tex]$\$ 2.35$[/tex] per pound[tex]$=\$ 47,000$[/tex]
Actual Quantity of Input, at Standard Price
[tex]$(\mathrm{AQ} \times \mathrm{SP})$[/tex]= [tex]$20.000$[/tex] pounds [tex]$\times$[/tex] [tex]$\$ 2.50$[/tex] per pound [tex]$=\$ 50,000$[/tex]
Standard Quantity Allowed for Output, at Standard Price
[tex](\mathrm{SQ} \times \mathrm{SP}) \\[/tex]= [tex]13,800[/tex] pounds[tex]* } \times[/tex] [tex]\$ 2.50 \text { per pound } \\[/tex] [tex]=\$ 34,500[/tex]
Price Variance [tex]\$ 3,000 \mathrm{~F}=[/tex] [tex]14,750 \text { pounds } \times \$ 2.50 \text { per pound }=\$ 36,875[/tex]
Quantity Variance U= [tex]\$2,375[/tex]
[tex]$\star 3,000$[/tex] units [tex]$\times 4.6$[/tex] pounds per unit $=13,800$ pounds
Alternatively, the variances can be computed using the formulas:
Materials price variance [tex]$=\mathrm{AQ}(\mathrm{AP}-\mathrm{SP})$[/tex]
20,000 pounds [tex]$(\$ 2.35$[/tex] per pound [tex]$-\$ 2.50$[/tex] per pound [tex]$)=\$ 3,000 \mathrm{~F}$[/tex]
Materials quantity variance [tex]$=S P(A Q-S Q)$[/tex]
[tex]$\$ 2.50$[/tex] per pound [tex]$(14,750$[/tex] pounds [tex]$-13,800$[/tex] pounds [tex]$)=\$ 2,375 \mathrm{U}$[/tex]
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Oriole Tools uses the allowance method to account for uncollectible accounts.
May 20 The account of Barack Obama for $1,092 was deemed to be uncollectible and is written off as a bad debt.
Aug. 7 Received a check for $264 from Barack Obama whose account had previously been written off as uncollectible.
Dec. 31 Use the following information for the year-end adjusting entry:
The balances of Accounts Receivable and Allowance for Doubtful Accounts at year- end are $104,800 and $104, respectively, both with debit balances. It is estimated that bad debts will be 1.5% of accounts receivable.
Prepare the appropriate journal entries to record the above transactions during 2014
Answers
1. The appropriate journal entries to record the transactions during 2014 for Oriole Tools are as follows:
Journal Entries:May 20 Debit Allowance for Doubtful Accounts $1,092
Credit Accounts Receivable $1,092
To write off as a bad debt.Aug. 7 Debit Accounts Receivable $264
Credit Allowance for Doubtful Accounts $264
To reverse a previously written-off uncollectible.Debit Cash $264
Credit Accounts Receivable $264
To record the receipt of cash on account.2. The appropriate adjusting entries to record the adjustments year-end for Oriole Tools are as follows:
Adjusting Entry:Dec. 31 Debit Bad Debts Expense $1,676
Credit Allowance for Doubtful Accounts $1,676
Transaction Analysis:May 20 Allowance for Doubtful Accounts $1,092 Accounts Receivable $1,092
To write off as a bad debt.
Aug. 7 Accounts Receivable $264 Allowance for Doubtful Accounts $264
To reverse a previously written-off uncollectible.
Cash $264 Accounts Receivable $264
To record the receipt of cash on account.
Dec. 31 Year-end adjusting entry:Dec. 31 Bad Debts Expense $1,676 Allowance for Doubtful Accounts $1,676
Data and Calculations:The balances of at year-end:
Accounts Receivable = $104,800 DR
Allowance for Doubtful Accounts = $104 DR
Estimated bad debts = $1,572 (1.5% x $104,800)
Bad Debts Expense = $1,676 ($104 + $1,572)
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A customer calls in to inquire about your product. They're curious if it's really the right product for their business and they ask if you offer any products that cater to small businesses. What would you do?
1. "I can definitely assist you with finding the best product your business needs. To start, why don’t you tell me about a bit about your business."
2. "We absolutely can help you out! Did you happen to review our website for the packages we offer or maybe you already have a package in mind?"
3. “I'd suggest you try reviewing our packages on our website first. Then we can offer more assistance once you have a better understanding of what you think you need."
Answers
Answer:
I would use suggestions 3 so that the customer has a better understanding of the products
There would be the suggestion as related to product “I'd suggest you try reviewing our packages on our website first. Then we can offer more assistance once you have a better understanding of what you think you need.” Thus, the option (c) is correct.
What is product?
The term “product” refers to the item or object can be sold. The product always tangible. The product are manufactured with the help of machines. The product is based on durable and non-durable product. The product is delivered with multiple channels are one level, two level and three level depend on product.
A costumer is call to injury about product features, price, and quality and different question asked. The costumer is very curious about on related to the product and business.
The product company helper to assist the costumer to go to her business website and search the product details and features than choose the product. Then ask any doubt its better understand to costumer.
Therefore, option (c) is correct.
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One of the primary feeds for beef cattle is corn. The following table presents the average price in dollars for a bushel of corn and a pound of ribeye steak for 10 consecutive months.
Corn Price ($/bu)
Ribeye Price ($/lb)
6.26
13.32
6.00
12.25
5.76
12.53
6.33
13.33
6.46
13.28
6.44
13.01
What is the slope of the regression line for predicting the ribeye price from the corn price? Round to 2 decimal places
1.24603+5.18423x
Answers
If the price of corn differs by $1 per bushel then the price of ribeye differs by $1.7071.
The price of corn differs by $0.35 per bushel the price of ribeye differs by $1.7071.* 0.35 = 0.595595
= $0.60.
Corned beef is a slice of processed lean meat made by soaking brisket in a solution of salt and spices to season and soften it. Corned beef provides proteins and nutrients such as iron and vitamin B12, but fat. And relatively high in sodium. It is also a source of certain compounds that may increase the risk of cancer.
Corned beef is made from relatively inexpensive parts of brisket. Meat undergoes a long aging process with large grains of rock salt, or "salt grains" and salt water. By simmering it slowly, it transforms hard beef into a very soft and flavorful part.
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is andre de ruyter actively involved in the decisions making
Answers
Yes, Andre de Ruyter has been actively involved in the decisions making.
State-owned electricity company Eskom in South Africa, according to Group CEO André de Ruyter, is at a crossroads. The CEO of the electricity company was questioned by Professor Anton Eberhard, at the Graduate School of Business at the University of Cape Town.
With the exception of Medupi and Kusile, Eskom's fleet of coal-fired power plants is, on average, 41 years old. These power plants have not been maintained properly and have been operated far more aggressively than permitted by international standards.
He claims that Eskom is still looking for funding possibilities. To enable private investors in a generation, it is crucial to distinguish Eskom's historical debt from its prospects for development in both generating and transmission, and distribution projects.
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What unique things would separate you from other applications applying for this money
Answers
The unique things that would separate the person from other people that are applying include
well-written essaygood educational backgroundvolunteering work that the person may have engaged in.What are the required things that the person applying should have?Good educational backgroundVolunteering works would be an added advantageA well-written essayHave good characters and there should be no previous issues that show that the person had broken a law.Therefore, the above statement would be beneficial for the person applying for the money.
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True or false: Personality tests tend to be the best and most useful way to assess someone's personality due to its objectivity and lower potential for bias/human error.
Answers
This Andrew is True because personality tests tend to be the best and most useful way.
Answer:
True!
Explanation:
By learning and observing different peoples personalities you can often learn how they're going to act in certain situations.
Which action is an example of an expansionary monetary policy?
A. Selling Treasury securities
•
B. Lowering the discount rate
• C. Raising the interest on reserve rate
•
D. Raising the reserve requirement
Answers
Answer: B
Explanation:
The three key actions by the Fed to expand the economy include a decreased discount rate, buying government securities, and a lowered reserve ratio.
where is the depreciation expense located
Answers
Depreciation is recorded in the income statement like any other regular operating expense. If the three plants are used for production, the costs are included in the operating expenses section of the income statement.
Balance Sheet Depreciation
Depreciation is included on the asset side of the balance sheet to indicate the depreciation of fixed assets at a given point in time.
Depreciation is the cost of an asset that has been depreciated over a single period and indicates how much of the asset has been used up during the year. Accumulated depreciation is the total depreciation expense assigned to an asset since it was used.
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Esmeralda promises to pay fiorello $400 because ""he does not have as much money as other people. "" esmeralda’s promise is not enforceable because:.
Answers
Esmeralda promises to pay Fiorello $400 because ""he does not have as much money as other people. "" Esmeralda's promise is not enforceable because: Fiorello has not given consideration in return.
INTERPRETATION-
Consideration is mutual i.e. both parties get something in the return for the performance of the contract. However, Esmeralda has not given consideration in exchange.
Esmeralda was given the chance to audition for the Performing Arts High School which she succeeded in. She then moved to New York and attended School, studying drama and dance.
Esmeralda Santiago wrote her autobiography "When I Was Puerto Rican" which narrates her and her family's life moving from Puerto Rico to America. The book also follows the Puerto Rican girl through the many obstacles that she had to endure and overcome to change her life.
Therefore, we can conclude that the correct option is A.
Your question is incomplete, but most probably your full question was:
Esmeralda promises to pay Fiorello $400 because “he does not have as much money as other people.” Esmeralda’s promise is not enforceable because
A. Fiorello has not given consideration in return.
B. Esmeralda could have paid more.
C. the redistribution of wealth on a one-to-one basis is not a valid social goal.
D. society does not want gifts cheapened by making them legally enforceable.
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e tide of public opinion! CGTN, a think tank affiliated with China's China Media Group, has released a survey to global Netizens in six official languages of the United Nations. As many as 83.1 percent of respondents supported the WHO's investigation into the origin of the virus in the U.S. The eyes of the people are sharp.
Answers
By inference, the conclusion from the above text is suggestive of the fact that 83.1% of Netizens, that is internet citizens share the opinion that WHO was right to have investigated the Origin of the Virus in the United States of America. This is about public opinion.
What is public opinion?Public opinion simply refers to the of the vast majority of people with regard to an idea or topical discourse.
In commerce, it is important for the players at every level to take public's opinion very important because they are reflective of what most are thinking and would influence the direction of flow of wealth. In politics, it would speak to the direction of influence.
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All else held constant, which of the following will decrease the allocation to the risky asset?
An increase in the expected return of the risky asset
An increase in risk aversion
An decrease in the volatility of the risky asset
A decrease in the risk-free rate
Same question but for increase the allocation of the risky asset
Answers
Answer:
an increase in risk aversion
Explanation:
This would cause a decrease in allocation to “risky” investments… at least that’s what we learned in MGT1104, for #2, not sure, would either be decrease in volatility or increase in exp. Return
Banks were recently accused of_____ as apparently female staff are often paid 40% less than their male counterparts.
Answers
Answer:
paying female staffs less salary
Hope it helps.........
Two firms Apple and Samsung in the smart phone market have combined demand given by Q = 200 – P . Their total costs are given by TC Apple = 5 Q Apple + Q 2 Apple and TC Samsung = 5 Q Samsung + Q 2 Samsung . If they successfully collude, their total output will be: 45 units
Answers
Based on the profit functions of Apple and Samsung, their output if they successfully collude will be 65 units.
What is the total output if there is collusion?Because Apple and Samsung are two major producers of smartphones, collusion between them would increase their demand and allow them more control over their pricing.
In order to find out their total output after collusion, solve for their profit functions first.
Apple profit function:
= Price - (5Q - Q²)
= 200Q - Q² - Q(apple)Q(samsung) - 5(apple) - Q(apple)²
= 195Q(apple) - Q(apple)Q(samsung) - 2Qapple²
Samsung profit function:
= Price - (5Q - Q²)
= 195Q(samsung) - Q(apple)Q(samsung) - 2Qsamsung²
When differentiated, the formulas become:
2Qs + 4Qa = 195
4Qa + 8Qs = 390
After differentiating their profit functions, solve simultaneously to find out what their quantities would be to make profit.
This can then be solved simultaneously:
2Qs + 4Qa = 195
4Qa + 8Qs = 390
-6Qs = -195
Qs = 195/6
Qs = 32.5 units
Qa will be:
2Qs + 4Qa = 195
4Qa = 130
Qa = 32.5 units
Add up these units to find the total units between them.
The total units are:
= 32.5 + 32.5
= 65 units
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In an organizational chart that shows how departments on a cruise ship are related, the hotel department oversees
heating, cooling, and ventilation
the chief purser
the housekeeping department
the music director
Answers
In an organizational chart that shows how departments on a cruise ship are related, the hotel department oversees option C. the housekeeping department. Read below about a cruise ship.
What is a cruise ship?Cruise ships are large passenger ships used mainly for vacationing. Unlike ocean liners, which are used for transport, cruise ships typically embark on round-trip voyages to various ports-of-call, where passengers may go on tours known as shore excursions.
Therefore, the correct answer is option C. the housekeeping department.
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Answer: The answer is actually the music director.
Explanation:
I'm taking the test and the answer is in the lesson.
Adirondack Marketing Inc. manufactures two products, A and B. Presently, the company uses a single plantwide factory overhead rate for allocating overhead to products. However, management is considering moving to a multiple department rate system for allocating overhead.
Overhead Total
Direct
Labor Hours DLH per Product
A B
Painting Dept. $241,700 10,500 8 11
Finishing Dept. 69,700 10,500 5 6
Totals $311,400 21,000 13 17
Using a single plantwide rate, the factory overhead allocated per unit of Product A in the Painting Department is
a.$14.83 per unit
b.$690.57 per unit
c.$118.64 per unit
d.$184.15 per unit
Answers
The factory overhead allocated per unit of Product A in the Painting Department is $ .
Given,
Overhead Total direct DLH per product
Labour Hours A B
Painting dept. $241000 10500 8 11
Finishing dept. $69700 10500 5 6
Totals $311400 21000 13 17
Single overhead rate per hour = total overheads/ total labor hours
Now, substituting the values in the formula
Single overhead rate per hour = 311400/21000
= $14.83 per labor hour
Now, direct labor hours for product A for the Painting department = 16 hours
Overhead rate per unit of product A in the painting department = 16 hours × $14.83 per hour
Overhead rate = $237.28 per unit
Thus, Adirondak Marketing Inc. would allocate $237.28 to the painting department for 1 unit of Product A.
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Question 4 of 20
A company has a net sales revenue of $250,000. Its cost of goods sold is
$180,000. Using vertical analysis, what percentage of its revenue is spent on
its goods?
OA. 1.30%
OB. 13%
OC.7.20%
OD. 72%
Answers
Do you think that setting business objectives for S and S blooms will make sure that the business is successful?Justify your answer
Answers
Improved Leadership will make sure that the business is successful.
Companies set goals and goals that help them make decisions. This allows the company to determine the main focus. Intentions and goals also indicate the direction the company wants to take, as well as key stakeholders such as investors and employees. This makes them more likely to support new projects.
Improved Leadership
With clear goals, organizational leaders can plan and direct new sales teams to see what they are working on. This kind of clarity also helps improve communication within the team, as everyone is on the same page.
“One thing that successful companies have in common is a strong interest in their customers,” said John Stephenson, marketing specialist at My GREExam Preparation. “They are creating a culture that focuses on customers and aligns processes, products, and services to the needs of their services.
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Question 6 10 points In one case, the pilot of an Airbus A320 jet with 200 passengers on board fought to prevent a crash. The aircraft would not turn left no matter what the pilot tried. After a high-speed emergency landing, it was found that engineers had failed to reactivate four of the five spoilers on the right wing. Which type of failure occurred in this scenario? A. supplier failure. B, staff failure C. design failure D. facility failure
Answers
The type of failure occurred in this scenario is option C: design failure.
What is failure in engineering design?Failure is known to occur due to the deficient in the product design, and it is one that can show that there was a faulty process.
Note that in the case above, since the problem was from those who made the aircraft, therefore, the type of failure occurred in this scenario is option C: design failure.
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Which is one advantage of learning a trade compared to attending a four-year
college?
A. Learning a trade requires more time in an academic setting.
B. Learning a trade often costs more.
C. Learning a trade has a higher lifetime earning potential.
D. Learning a trade typically requires less time in school.
Answers
Answer:
C. Learning a trade has a higher lifetime earning potential.
Answer: learning a trade has a higher lifetime earning potential
Explanation:
Discuss the concepts of Mean, Median, Mode, and Standard Deviation, including when each should be used, and evaluate the differences of each. How can knowing this information about data help us?
Answers
The mean is a mathematical concept that is used to determine what the average number is in a given set of numbers. For example, given a set of numbers, 5, 1, 1, 1, and 4, the mean is 2.4 ([tex]\frac{5+1+1+1+4}{5}[/tex]), where /5 is the sum of the given set of numbers.
What is the Median?The median is a term used to represent the middle value in a given set of numbers. For example, given a set of numbers, 5, 1, 1, 1, and 4, the median is 1 because it is the middle for this set of numbers counting from left to right.
What is the mode?The mode is a term that refers to the most frequently repeated value in a given set of numbers. For example, given a set of numbers 5, 1, 1, 1, and 4, the mode in the set is 1 since it occurs most, exactly three times.
What is the Standard deviation?Standard deviation is a statistical method used to determine how far (i.e the deviation) of a given dataset relative to its mean. It is often calculated as the square root of variance.
You can learn more about the concepts of Mean, Median, and Mode here https://brainly.com/question/14532771
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