Based on the amount of raw materials requisitioned, the journal entry to debit the Manufacturing Overhead would be $4,000.
What amount would be debited to manufacturing overhead?The manufacturing overhead is for expenses that are not directly involved in the manufacturing process.
This is why it is the indirect material amount of $4,000 that will be debited to the manufacturing overhead account.
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Anita, a quality supervisor, knows that her manager focuses on maintaining quality. Anita tends to favor a high-quality alternative whenever she is considering alternative ways to approach a problem. She understands that another alternative might be more successful. However, Anita believes that whatever the outcome, her manager is likely to appreciate her efforts to maintain the quality standard. This is an example of the human compromise known as
The given scenario is an example of the human compromise known as rationalization.
What is Rationalization?This refers to the use of logic to try and explain or justify a certain behavior, even when they are not appropriate.
Hence, we can see that based on the high quality alternative that Anita, the quality supervisor uses, she knows that she would still be appreciated by her manager if she maintains the standard, and this is known as rationalization.
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The marginal tax rate is equal to the Group of answer choices total amount of a person's tax payment divided by the total amount of the person's taxable income. total amount of a person's tax payment divided by the change in the person's taxable income. change in the person's tax payment divided by the total amount of the person's taxable income. change in the person's tax payment divided by the change in the person's taxable income.
The marginal tax rate is equal to the change in the person's tax payment divided by the change in the person's taxable income.
What is marginal tax rate?The marginal tax rate refers to the extra amount paid as tax for each additional dollar earned as income.
Hence, the marginal tax rate is equal to the change in the person's tax payment divided by the change in the person's taxable income.
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It is impossible to reduce your fixed expenses true or false?
Answer:
True
Explanation:
Sure Start wants their new international managers to develop greater emotional intelligence by identifying their strengths and weaknesses. Charlie would like the managers to focus on their own internal conditions, such as how they manage and control their own impulses. Which principle is Charlie asking the managers to examine
Charlie is asking the managers of Sure Start to examine and implement D. Self-Regulation.
What is Sure Start asking for?Sure Start is asking that managers learn to regulate their own emotional intelligence by themselves.
This is self-regulation and it involves looking at one's strengths and weaknesses and playing to the strengths, while working on weaknesses.
Options for this question are:
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question content area in recording the cost of goods sold for cash, based on data available from perpetual inventory records, the journal entry is:
In recording the cost of goods sold for cash, based on data available from perpetual inventory records, the journal entry is debit Cost of Goods Sold; credit Inventory.
What are inventory?Inventory include taken records of goods that are sold and the once that are available.
For goods that are sold they are removed from the available goods including the cost and added to the inventory as sold.
Therefore, In recording the cost of goods sold for cash, based on data available from perpetual inventory records, the journal entry is debit Cost of Goods Sold; credit Inventory.
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Cortez Foods Inc. is a company that manufactures packaged food. It sells several varieties of packaged food such as chips, cupcakes, candies, crackers, fruit juices, and carbonated drinks. It receives its largest profit from its newly introduced line of tropical fruit juices that are available in different flavors, such as orange, apple, lychee, and cranberry. Recently, Cortez has been exploring mixing flavors and has created a new lychee and cranberry juice drink. This is an example of a _______.
Based on the fact that Cortez came up with a new drink by mixing flavors, this is an example of Product Modification.
What is Product Modification?This refers to when a business improves existing products so that they become new products or upgraded versions of the old product.
Cortez mixed flavors and created the lychee and cranberry juice which means that it is an improvement on existing flavors thereby making it a product modification.
Options for this question include:
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A shift to a more expansionary monetary policy will a. exert a stabilizing impact if the effects of the policy are felt when the economy is operating at its full-employment capacity. b. exert a stabilizing impact on the economy if the effects of the policy are felt during an economic downturn. c. help bring inflation under control. d. reduce the natural rate of unemployment.
Most time, any shift to a more expansionary monetary policy will exert a stabilizing impact on the economy if the effects of the policy are felt during an economic downturn.
What is an Expansionary monetary policy?This fiscal policy is employed by the central bank to stimulate the economy because its increases the money supply, lowers interest rates, increases demand etc.
Therefore, the Option B is correct.
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what must an applicant for a real estate license do if they have been convicted of a crime
The thing which an applicant for a real estate license should do when he has a crime conviction is to disclose all convictions on the application.
What is a Crime Conviction?This refers to legal process where a person is accused of a crime, tried, found guilty and sentenced.
Hence, we can see that after the sentencing, there is already a crime conviction and this must be stated for a person that wants to apply for a real estate license.
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Six years ago, HOPCO granted Mr. Sing a nonqualified option to purchase 1,000 shares of HOPCO stock at $55 per share. On date of grant, the market price was $50 per share. This year, Mr. Sing exercised the option when the market price was $64 per share. How much ordinary income does Mr. Sing recognize because of the exercise
Based on the option that Mr. Sing exercised, the ordinary income recognized would be $0.
What income will Mr. Sing recognize?Income will be recognized when the shares are sold by Mr. Sing because the selling price is necessary to calculate income.
As the shares are yet to be sold, there will be no income recognized by Mr. Sing.
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In the IS-LM model when government spending rises, in the short-run equilibrium, in the usual case the interest rate __________ and output ___________
In the IS-LM model when government spending rises, in the short-run equilibrium, in the usual case the interest rate rises and output rises.
What Is the IS-LM Model?The IS-LM version, which stands for "investment-savings" (IS) and "liquidity preference-cash supply" (LM) is a Keynesian macroeconomic version that suggests how the marketplace for monetary goods (IS) interacts with the loanable finances marketplace (LM) or cash marketplace.
It is represented as a graph wherein the IS and LM curves intersect to reveal the short-run equilibrium among hobby charges and output.
Your question is incomplete, but most probably your full question was:
In the IS-LM version while authorities spending rises, in short-run equilibrium, withinside the typical case, the interest rate ______ and output ______.
rises; fallsrises; risesfalls; risesfalls; fallsHence, the appropriate alternative is rises; rises.
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In setting prices for products and services, managers may attempt to charge what the customer is willing to pay however, too high a price may:
In setting prices for products and services, too high a price may A. deter a customer from purchasing a product, causing them to seek alternatives.
What are the factors involved in setting prices?When setting prices of goods and services, managers should consider these factors:
Production costsOrganizational goalsMarketing ObjectivesMarketing Mix StrategyThe Market demandCompetitors' costs, prices, and offersPrice and Value perception of consumers.Answer Options:A. deter a customer from purchasing a product and seek alternatives
B. decrease a competitor's market share
C. indicate supply is too plentiful
D. increase demand and demand for the product.
Thus, in setting prices for products and services, too high a price may A. deter a customer from purchasing a product, causing them to seek alternatives.
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Tony is giving a presentation about needed repairs to the exterior of the small condo building where he lives. He is speaking to other residents at a meeting in the building. In introducing his presentation, he notes how the building's appearance can directly affect the property value of each of their condos. How has Tony gained interest for his presentation
Tony has been able to gain the interest of his audience for his presentation by relating the topic to the audience.
What method did Tony use to gain attention?It is a fact that people would be more likely to listen to you if what you're telling them affects them directly.
Tony took advantage of this by talking about how his presentation affects the property value of his audience which led to them being more attentive.
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the mortgage and the deed of trust are ______ that pledge property as collateral for a loan.
The mortgage and the deed of trust are security deeds that pledge property as collateral for a loan.
What are security deeds?Security Deed is a document containing properties and material's that are used as security for loans.
It is for the lender and borrower.
Therefore, The mortgage and the deed of trust are security deeds that pledge property as collateral for a loan.
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Every corporation should have a strong independent board of directors that does all of the following except a. remain well-informed about the company's performance and exercises its fiduciary duty to protect shareholders responsibly. b. guide management in choosing a strategic direction and makes independent judgments about the validity and wisdom of management's proposed strategic actions. c. evaluate the leadership skills of the CEO and other senior executives. d. retain sufficient courage to curb management actions deemed inappropriate or unduly risky. e. take responsibility for leading the strategy-making, strategy-executing process.
A firm does not need a strong independent board of director that is responsible for leading the strategy-making and strategy-executing process.
What is an independent director?
This refers to those member of a board that does not have a material or financial relationship with the company except a sitting fees
Among other option, a typical corporation does not need a strong independent board of director that is responsible for leading the strategy-making and strategy-executing process.
Therefore, the Option E is correct.
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What is the corpus callosum?
The corpus callosum is the part of the brain that has white matter that helps in the connection of the left and the right cerebral parts of the human brain.
What is the role of the corpus callosum?The role of the Corpus Callosum is to make sure that the right side and the left side of the brain are able to connect.
By the word connect, this would mean that they are able to send messages to each other.
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You present a solution that is reasonable and not presented as an ultimatum. if there are areas of disagreement, you make concessions. this describes what step in the negotiation process
The settlement step is the part of the negotiation process that is described using the description here.
What is the negotiation process?This term is used to refer to the ways through which two people would have to resolve a conflict.
They do this by reaching an agreement or what is called the compromise.
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Consider the following data that gives the quantity produced and unit price for three different goods across two different years to answer the following questions. Assume that the base year is 2012. Good 2012 Price 2012 Quantity 2013 Price 2013 Quantity A $2.00 500 $2.50 600 B $4.00 1,000 $5.00 900 C $2.00 200 $1.00 300 What was the growth rate of real gross domestic product (GDP) between the two years
Based on the prices of goods across both years, the growth rate of Real GDP between the two years was 0%.
How can the Real GDP growth rate be found?First, find the Real GDP in 2012:
= ( 2 x 500) + (4 x 1,000) + (2 x 200)
= 1,000 + 4,000 + 400
= $5,400
The Real GDP in 2013 will be found using the 2012 prices:
= (2 x 600) + (4 x 900) + (2 x 300)
= 1,200 + 3,600 + 600
= $5,400
The Real GDP growth rate is:
= (5,400 - 5,400) / 5,400
= 0%
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Which repayment plan will you be placed on automatically unless you change it by contacting server.
A "standard repayment plan" is the one that will be put on automatically unless you contact the servicer to change it.
What is the standard repayment plan?Particularly for people paying back student loans, this kind of payback schedule is regarded as being bare.
In most cases, when the payback process starts, clients are automatically put into this plan, unless they consciously modify it.
Thus, A "standard repayment plan"
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The intended effect of an expansionary monetary policy is that aggregate demand: remains unchanged while the economy's long-run potential growth rate increases. increases, raising inflation and real GDP growth in both the short run and the long run. increases, raising inflation and real GDP growth in the short run, but only inflation rises in the long run. increases, raising real GDP growth only in the long run.
The intended effect of an expansionary monetary policy is that aggregate demand : increases, raising real GDP growth in the short run, but only inflation rises in the long run.
What is expansionary Monetary Policy ?
Expansionary Monetary Policy (Quantitative Easing) involves an increase in the money supply in order to lower interest rates and increase Consumption and Investment.
A monetary policy that lowers interest rates and stimulates borrowing is known as an expansionary monetary policy or loose monetary policy. Conversely, a monetary policy that raises interest rates and reduces borrowing in the economy is a contractionary monetary policy or tight monetary policy.
They believe that expansionary monetary policy increases the supply of loanable funds available through the banking system, causing interest rates to fall. With lower interest rates, aggregate expenditures on investment and interest‐sensitive consumption goods usually increase, causing real GDP to rise.
What is GDP growth rate?The annual average rate of change of the gross domestic product (GDP) at market prices based on constant local currency, for a given national economy, during a specified period of time. It is a measure of the value of all final goods and services produced in a period.
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The arrival of the Great Recession brought an unprecedented increase in home mortgage defaults despite years of efforts to create more sophisticated underwriting methods and standards. This can be attributed to:
This can be attributed to period of turmoil in the financial markets at the time of the Great depression.
What is Great Depression?
Great depression refers to the great economic turn down which was stated due to the fall in the market of the stock prices in the year 1929 and 1930. It was the economic depression.
Despite years of efforts to develop more sophisticated underwriting procedures and regulations, the coming of the Great Recession prompted an unprecedented rise in house mortgage defaults. This is explained by period of turmoil in the financial markets.
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A competitive environment where there is strong rivalry among sellers, low entry barriers, strong competition from substitute products, and considerable bargaining leverage on the part of both suppliers and customers a. is competitively unattractive from the standpoint of earning good profits. b. offers little ability to build a sustainable competitive advantage. c. is highly conducive to achieving strong product differentiation and high customer loyalty to the company's brand. d. offers moderate to good prospects for making a reasonable profit and building a sustainable competitive advantage. e. requires that industry members have a strongly differentiated product offering in order to be profitable.
The competitive environment described is competitively unattractive from the standpoint of earning good profits.
What is a perfect competition?A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry. In the long run, firms earn zero economic profit.
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Consider the following data, where gross domestic product (GDP) values are measured in millions of dollars, to answer the following questions: Year Nominal GDP Real GDP GDP Deflator 2009 ________ $500 100 2010 $551.2 ________ 106 2011 $600.6 $546 ________ 2012 ________ $600.6 120 What is the value of the gross domestic product (GDP) deflator in 2011
The value of the gross domestic product (GDP) deflator in 2011 based on the given information is 110.
What is the GDP Deflator?The GDP deflator is a ratio of the Nominal GDP (current year prices) over Real GDP (base year prices).
The GDP deflator is used to measure inflation as it shows the change in the current prices compared to the base year's prices.
The GDP deflator can be computed as Nominal GDP/Real GDP x 100.
Data and Calculations:Year Nominal GDP Real GDP GDP Deflator
2009 $500 100
2010 $551.2 106
2011 $600.6 $546
2012 ________ $600.6 120
GDP Deflator = Nominal GDP/Real GDP x 100
2011 GDP Deflator = 110 ($600.60/$546 x 100)
Thus, the value of the gross domestic product (GDP) deflator in 2011 based on the given information is 110.
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What is the typical relationship between satisfaction and loyalty?
The typical relationship between satisfaction and loyalty is Satisfaction determines loyalty.
How are satisfaction and loyalty related?In the business world, loyalty is dependent on satisfaction because the level of satisfaction that a consumer gets will determine if they will be loyal to a brand.
This is why companies place a huge premium on pleasing their customers to ensure that they are loyal to the brand.
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The persistence of budget deficits during the last several decades is not surprising because politicians will find a. tax increases more attractive than increases in government expenditures. b. reductions in government expenditures more attractive than tax reductions. c. budget surpluses more attractive than budget deficits. d. budget deficits more attractive than budget surpluses.
Budget deficits have persisted in the last several decades because politicians find d. budget deficits more attractive than budget surpluses.
Why do politicians prefer budget deficits?Budget deficits are a sign that the government spent all that it had and then spent some more to make sure that the citizens were taken care of.
This is unlike budget surpluses where it looks like the government had money to spare and didn't spend it on the nation.
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Kim-Lee founded a software development company at the age of 27. Over time, he developed the company into a multibillion-dollar transnational organization. He is currently the chief technical officer of the company, holds 75 percent stock of the company, and makes major decisions regarding the products that would be made available to consumers. In the context of Wright's model of the U.S. class structure, Kim-Lee belongs to the __________.
Based on his activities so far, Kim-Lee according to Wright's model of the U.S. class structure, belongs to the Capitalist class.
What is Wright's model of the U.S. class structure?Erik Wright identified four social classes in the United States which are the Capitalists, the Petty Bourgeoise, the Managers, and the Workers.
Kim-Lee is a capitalist because these are the people who own companies and are very wealthy.
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In computing equivalent units, ___________ is not part of the equivalent units of production formula
The beginning work in process is not part of the equivalent units of production formula for computing equivalent units.
What is an equivalent units of production?This refers to expression of the amount of work done by a manufacturer on units of output that are partially completed at the end of an accounting period.
Hence, the beginning work in process is not part of the equivalent units of production formula for computing equivalent units.
Therefore, the Option C is correct.
Missing Options "A. ending work in process B. units transferred out . beginning work in process D. none of these is correct"
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what type of graphic shows the amounts of two products a nation can obtain by specializing in one product and trading for the other?
A trading possibilities line is the graphic that shows the amounts of two products a nation can obtain by specializing in one product and trading for the other. This is further explained below.
What is a trading possibilities line?Generally, A graph depicts the many permutations of two goods that a single-product economy may receive (consume) due to its focus on producing only one of them.
In conclusion, When a country focuses on producing one good and trading for another, the quantity of both goods increases along a trade possibilities line.
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Cody is a first-time buyer making an offer on a property that will include the appliances. The seller accepts the offer and includes a document that will protect the owner if the furnace breaks. Which kind of protection did Cody receive
the kind of protection Cody received is a security guard protection
Why is scenario analyses an important tool for managers?
Scenario analysis is very important because it helps to ensure that the management of an organization follows a course that can help them to make better decisions.
What is scenario analysis?This can be defined to be the analysis that can help one to make better decisions and plan their business in such a way that they would have a better strategy.
It helps to challenge the assumptions that are made about the future and also explore alternatives.
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What is the entity contracted by dod organizations to book and ticket travel reservations?.
Travel Management Company is the entity contracted by DoD organizations to book and ticket travel reservations.
Travel management companies are a travel agencies that manage organization corporate or business travel program. They will often provide an end user online booking tool, mobile application, program management etc. These companies use Global Distribution Systems to book flights got their clients.
The DoD (Department of Defense) is responsible for providing the military forces needed to deter war and protect the security of our country.
DoD organizations contracts the Travel Management Company to book and ticket travel reservations.
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