Prepare journal entries to establish the fund on may 1, to replenish it on may 15 and on may 31, and to reflect any increase or decrease in the fund balance on may 16 and may 31.

Answers

Answer 1

Journal entries for May 1 = debit to the cash account, credit to the fund balance account, May 15 = debit to the cash account, credit to the fund balance account, May 16 = debit to the fund balance account, credit to the investment earnings account, May 31 = debit to the cash account, credit to the fund balance account.

To establish a fund, an entity typically makes an initial contribution to the fund, which is recorded through a journal entry.

To replenish the fund, additional contributions may be made periodically, and these contributions are also recorded through journal entries.

If there are any increases or decreases in the fund balance, adjustments must be made to the fund through journal entries as well.

On May 1, the entity would make an initial contribution to establish the fund. The journal entry for this transaction would be a debit to the cash account and a credit to the fund balance account.

On May 15, the entity would make another contribution to replenish the fund. The journal entry for this transaction would be a debit to the cash account and a credit to the fund balance account.

On May 16, if there has been an increase or decrease in the fund balance due to investment earnings or expenses, an adjustment must be made to the fund.

If the fund balance has increased, the journal entry would be a debit to the fund balance account and a credit to the investment earnings account.

If the fund balance has decreased, the journal entry would be a debit to the investment expenses account and a credit to the fund balance account.

On May 31, the entity would make a final contribution to replenish the fund for the month. The journal entry for this transaction would be a debit to the cash account and a credit to the fund balance account.

If there has been any increase or decrease in the fund balance since May 16, an adjustment must be made to reflect the change in the fund balance through a journal entry as described above.

In summary, establishing a fund requires an initial contribution that is recorded through a journal entry, and replenishing the fund requires periodic contributions that are also recorded through journal entries.

Adjustments must be made to the fund if there are any increases or decreases in the fund balance due to investment earnings or expenses. These adjustments are also recorded through journal entries.

To know more about journal entries refer here :

https://brainly.com/question/20421012#

#SPJ11


Related Questions

After Beth does the research for her new app, she learns that she will have 100 power users who would be willing to pay $5 and 400 casual users who would only be willing to pay $2. The marginal cost to provide the app to any one user is constant at $1 and there are no fixed costs. Suppose Beth cannot use price discrimination and she charges a price of $2 to all consumers. The consumer surplus would be _____

Answers

The consumer surplus would be $300 if Beth charges a price of $2 to all consumers.

The consumer surplus can be calculated as the difference between the maximum amount a consumer is willing to pay and the actual price paid.

For the 100 power users, their maximum willingness to pay is $5, so their consumer surplus is $5 - $2 = $3 per user. For the 400 casual users, their maximum willingness to pay is $2, so their consumer surplus is $2 - $2 = $0 per user.

Total consumer surplus = (consumer surplus per power user x number of power users) + (consumer surplus per casual user x number of casual users)

Total consumer surplus = ($3 x 100) + ($0 x 400) = $300

Therefore, the consumer surplus would be $300 if Beth charges a price of $2 to all consumers.

To know more about consumer surplus refer to-

https://brainly.com/question/31667628

#SPJ11

You have been assigned to a long and complex international assignment in france with high-value contracts at stake. your boss has given you a generous budget for cultural training to increase the odds of success. what type of training should you choose?high-rigor cross-cultural trainingpsychological cross-cultural traininglow-rigor cross-cultural trainingenhanced cross-cultural training

Answers

The most appropriate type of training to choose would be high-rigor cross-cultural training.

This type of training typically involves a comprehensive and immersive approach to cultural understanding and competency-building. It involves extensive research on the cultural norms, values, and communication styles of the host country, as well as practical exercises and simulations to enhance cross-cultural communication and collaboration skills.

Given the high-value contracts at stake in the international assignment in France, it is crucial to have a thorough understanding of the French business culture and etiquette to increase the odds of success. High-rigor cross-cultural training would provide the necessary tools and knowledge to navigate the complexities of the French business environment, thereby minimizing the risk of cultural misunderstandings and miscommunications.

While other types of cross-cultural training such as low-rigor or psychological cross-cultural training may be useful in certain contexts, the high-stakes nature of this international assignment requires a more comprehensive and rigorous approach to cross-cultural training. Therefore, investing in high-rigor cross-cultural training would be the most effective way to ensure success in the assignment. The correct option is cross-cultural training.

For more about cross-cultural training:

https://brainly.com/question/28168767


#SPJ11

Pablo is planning on opening a Mexican restaurant in the town where he lives. He is considering how to design the physical environment of the restaurant. Discuss the components of the physical surroundings that can influence consumption behavior and make some recommendations to Pablo regarding each component?

Answers

The physical environment of a restaurant can have a significant impact on customer behavior and their dining experience.

Here are some components of the physical surroundings that can influence consumption behavior and some recommendations for Pablo to consider when designing his Mexican restaurant:Layout and seating arrangement, Lighting, Music, Decor, Menu design and presentation.

Layout and seating arrangement - The layout and seating arrangement can affect the comfort and convenience of customers. It can also influence how they interact with others and how much time they spend at the restaurant.

Lighting - Lighting can impact the mood and atmosphere of a restaurant. Bright, harsh lighting may create an uncomfortable or unwelcoming environment, while dim lighting may create a more intimate or romantic atmosphere.

Music - The type and volume of music played in the restaurant can affect the pace of dining and customer behavior. Upbeat music may encourage customers to eat faster and leave sooner, while slower music may encourage them to linger longer.

Decor - The decor of the restaurant can affect the overall ambiance and customer experience.

Temperature and air quality - The temperature and air quality in the restaurant can affect customer comfort and satisfaction.

Menu design and presentation - The design and presentation of the menu can affect customer ordering behavior. The use of images and descriptions can influence what customers choose to order.

Overall, Pablo should aim to create a physical environment that is comfortable, inviting, and reflective of the restaurant's theme.

He should consider each component of the physical surroundings and how they can affect customer behavior to create a dining experience that customers will enjoy and want to repeat.

To learn more about physical environment here:

https://brainly.com/question/13319728

#SPJ11

Describe two potential problems with low interest rates and relate those problems to economic growth, fiscal policy, and/or economic recovery

Answers

There are two potential problems with low interest rates: the first is that it can cause inflation, and the second is that it can discourage saving.

Low interest rates can lead to inflation because it encourages spending, as people are more likely to borrow money when rates are low. This can lead to an increase in demand for goods and services, which can cause prices to rise. Inflation can be detrimental to economic growth, as it reduces the purchasing power of individuals and can lead to a decrease in investment.

Low interest rates can also discourage saving, as there is little incentive to save money when interest rates are low. This can be a problem for economic growth, as savings are important for investment and capital formation. Without sufficient savings, businesses may struggle to obtain the funds they need to expand, which can limit economic growth.

To address these issues, fiscal policy may be used to adjust interest rates, or other policies may be implemented to encourage saving and investment. It is important to strike a balance between low interest rates and maintaining economic stability and growth.

For more about interest rates:

https://brainly.com/question/13324776

#SPJ11

Donna owns a hair salon. Though Donna pays stylists good wages, she finds it difficult to retain talented employees. Her business remains profitable, but since her customers tend to prefer to stick with their favorite stylists, turnover has caused her to lose several valuable clients. Donna is dealing with which type of resource?A. financialB. humanC. informationalD. physical

Answers

Donna is dealing with human resources. She is facing difficulty in retaining talented employees in her hair salon, which is causing her to lose valuable clients. The answer is option B.

Resources refer to any entity or factor, which can be used in the creation of wealth. This includes, but is not limited to, land, labor, capital, and entrepreneurship. These resources are available to businesses, individuals, and governments, and can be used to produce goods and services.

Based on this definition, we can categorize resources into four types as follows:

Human resource: This refers to the people who are employed by the organization. They are the ones who bring their knowledge, skills, and abilities to the workplace to create wealth.

Financial resources: This includes the money that a business uses to buy or rent equipment, pay employees, and cover other expenses. Without adequate financial resources, a business may struggle to survive.

Physical resources: This refers to the tangible assets that a business owns, such as land, buildings, and equipment. These assets are used to produce goods and services.

Informational resources: This includes any knowledge, data, or expertise that a business or individual possesses. These resources can be used to make informed decisions, develop new products, or improve existing ones.

So, the answer is option B.

You can learn more about wages at

https://brainly.com/question/1622389

#SPJ11

How will penalty point that a driver has incurred bereduced in terms of Administrative Adjudication of Road TrafficOffences Act 46 of 1998

Answers

The method by which a driver's penalty points are reduced under the Administrative Adjudication of Road Traffic Offences Act 46 of 1998 is described below.

The Administrative Adjudication of Road Traffic Offences (AARTO) Act of 1998 regulates the assessment of penalty points in South Africa. The AARTO Act provides for the transfer of the control of certain road traffic contraventions from the courts to an administrative procedure. The AARTO process is made up of two main components: the penalty system and the infringement notice system. The penalty system is based on the accrual of points against your driver's license, with the aim of curtailing reckless and dangerous driving behavior.

The penalty point system assigns a specific number of penalty points to each offense, with more serious infractions earning more points. The penalty point system is designed to make driving a privilege that must be earned, and drivers who accrue too many points risk having their licenses suspended or canceled. Under the AARTO Act, the following penalty points apply for the following infringements:

One point is awarded for an infringement in a public transport vehicle with a total mass of 3,500 kg or less, or for an infringement not involving a public transport vehicle.Two points are awarded for an infringement committed in a public transport vehicle with a total mass of more than 3,500 kg.Three points are awarded for an infringement that results in the death of a person. Four points are awarded for an offense resulting in serious injury to a person.Five points are awarded to a repeat offender.Six points are awarded for an offense that results in the death of a person.

Learn more about Penalty points: https://brainly.com/question/1178265

#SPJ11

During one of the coffee breaks, Lambert casually asked Lambert casually asked in conducting a training program for supervisors to upgrade their supervisory skills. Rebecca was shocked by the offer. All along she was waiting for such an offer and her response was positive. Lambert was impressed by her positive attitude and asked her to develop a program for supervisors. Evaluate the training process that Rebecca will use when conducting her training programme (30 Marks)

Answers

Rebecca has been tasked with developing and conducting a training program for supervisors to upgrade their supervisory skills. To ensure the success of the training program, she should follow a well-structured training process.

Here is an evaluation of the training process that Rebecca should use:

Needs Assessment: The first step in the training process is to identify the training needs of the supervisors. Rebecca should conduct a needs assessment to determine the specific skills and knowledge that the supervisors need to improve their performance. This can be done through interviews, surveys, or performance evaluations.Objectives: Once the training needs have been identified, Rebecca should develop specific learning objectives for the training program. These objectives should be specific, measurable, achievable, relevant, and time-bound. The objectives should be aligned with the needs of the supervisors and the goals of the organization.Content Development: The next step is to develop the content of the training program. Rebecca should create a detailed outline of the training program that includes the topics to be covered, the learning activities, and the assessment methods. The content should be engaging, interactive, and relevant to the needs of the supervisors.Delivery: Rebecca should decide on the delivery method for the training program. This could be through classroom sessions, e-learning, or a combination of both. The delivery method should be selected based on the learning objectives and the needs of the supervisors.Assessment: The final step is to assess the effectiveness of the training program. Rebecca should conduct evaluations to measure the learning outcomes of the supervisors. This could be done through quizzes, tests, or surveys. The feedback received can be used to make improvements to the training program and to identify areas that need further development.

In summary, Rebecca should follow a structured training process to ensure the success of the training program for supervisors. This includes conducting a needs assessment, developing specific learning objectives, creating engaging content, selecting the appropriate delivery method, and assessing the effectiveness of the training program. By following this process, Rebecca can help the supervisors to upgrade their supervisory skills and improve their performance in the organization.

Learn more about training program:

https://brainly.com/question/31115316

#SPJ11

Robertson Resorts is considering whether to expand their Pagosa Springs Lodge. The expansion will create 24 additional rooms for rent. The following estimates are available:






Cost of expansion $ 3,310,000

Discount rate 9 %

Useful life 20

Annual rental income $ 1,900,000

Annual operating expenses $ 1,450,000



Robertson uses straight-line depreciation and the lodge expansion will have a residual value of $2,520,000. Required:


1. Calculate the annual net operating income from the expansion. 2. Calculate the annual net cash inflow from the expansion. 3. Calculate the ARR. (Round your answer to 2 decimal places. )


4. Calculate the payback period. (Round your answer to 1 decimal place. )


5. Calculate the NPV. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1. ) (Use appropriate factor(s) from the tables provided. Do not round intermediate calculations. Round your final answer to nearest whole dollar amount. )

Answers

The annual net operating income from the expansion is: $450,000.

The annual net cash inflow from the expansion is $450,000. The ARR is 13.64%. The payback period is 7.35 years. The NPV of the expansion is $117,763.

To calculate the annual net operating income from the expansion, we subtract the annual operating expenses from the annual rental income. Thus, the annual net operating income is $450,000 ($1,900,000 - $1,450,000).

To calculate the annual net cash inflow from the expansion, we add the annual net operating income to the depreciation expense, which is calculated as the cost of expansion minus the residual value divided by the useful life. Thus, the annual net cash inflow is $382,500 (($3,310,000 - $2,520,000) / 20 + $450,000).

To calculate the ARR, we divide the average annual net operating income by the cost of the expansion. Thus, the ARR is 13.64% ($450,000 / $3,310,000).

To calculate the payback period, we divide the cost of the expansion by the average annual net cash inflow. Thus, the payback period is 7.35 years ($3,310,000 / $450,000).

To calculate the NPV, we discount the future net cash inflows back to the present using the discount rate of 9%. We calculate the PV of the annual net cash inflows using the present value of an annuity formula and add it to the PV of the residual value using the present value of a single amount formula.

We then subtract the cost of the expansion from the sum of these two present values. Thus, the NPV of the expansion is $117,763.

To know more about operating income, refer here:

https://brainly.com/question/31248623#

#SPJ11

If your message is specific,definite and vivid,then you are applying which principle of communication

Answers

If your message is specific, definite, and vivid, then you are applying the principle of clarity in communication. Clarity is one of the key principles of effective communication, and it involves being clear and concise in your message. A specific, definite, and vivid message is one that is easy to understand and is more likely to be remembered by the recipient. By applying the principle of clarity, you can ensure that your message is communicated effectively and that the recipient understands the intended meaning.

Previous Which one of the following is not a way to improve the S/Q rating of branded pairs produced at a particular production location? Copyright ow Gold Sutan, Inc. Copying, distributing, trand party website penting som presaly pronted and contrates copyright vision o Increasing expenditures for enhanced styling/features Increasing the number of models/styles produced O Increasing expenditures for best practices training for production workers Increasing expenditures for TQM/Six Sigma programs Increasing the percentage use of superior materials

Answers

The option that is not a way to improve the S/Q rating of branded pairs produced at a particular production location is: increasing the number of models/styles produced (option D).

S/Q rating is a measure that is used to gauge the quality of production in a factory or company. S/Q stands for Style and Quality. It reflects the overall rating given to a product based on its design and quality. The better the quality and design of the product, the higher the S/Q rating. Therefore, to improve the S/Q rating of branded pairs produced at a particular production location, the following ways can be employed:

Increasing expenditures for enhanced styling/featuresIncreasing expenditures for best practices training for production workersIncreasing expenditures for TQM/Six Sigma programsIncreasing the percentage use of superior materials

All these ways can help in improving the S/Q rating of branded pairs produced at a particular production location. However, increasing the number of models/styles produced is not a way to improve the S/Q rating of branded pairs produced at a particular production location. Instead, it can have a negative impact on the quality and design of the products, which can decrease the S/Q rating.

Correct answer is option D.

You can learn more about  S/Q rating at

https://brainly.com/question/31130316

#SPJ11

Baillie Power leased high-tech electronic equipment from Courtney Leasing on January 1, 2021. Courtney purchased the equipment from Doane Machines at a cost of $253,000, its fair value. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. ) Related Information: Lease term 2 years (8 quarterly periods) Quarterly lease payments $18,000 at Jan. 1, 2021, and at Mar. 31, June 30, Sept. 30, and Dec. 31 thereafter Economic life of asset 5 years Interest rate charged by the lessor 8% Required: Prepare a lease amortization schedule and appropriate entries for Baillie Power from the beginning of the lease through December 31, 2021. December 31 is the fiscal year end for each company. Appropriate adjusting entries are recorded at the end of each quarter

Answers

This concludes the lease amortization schedule and appropriate entries for Baillie Power from the beginning of the lease through December 31, 2021.

Lease Amortization Schedule for Baillie Power is shown below.

Journal entries for Baillie Power:

01/01/21

Leased Equipment $237,372

Lease Obligation Payable $237,372

(To record the lease of high-tech electronic equipment from Courtney Leasing)

03/31/21

Lease Obligation Payable $14,638

Interest Expense $1,352

Cash $18,000

(To record the quarterly lease payment and interest expense)

12/31/21

Lease Obligation Payable $18,462

Interest Expense $1,784

Leased Equipment $3,926

(To record the quarterly lease payment, interest expense, and reduction in lease obligation)

To know more about cost, here

brainly.com/question/30045916

#SPJ4

a stock has an expected return of 10.3 percent, its beta is 1.02, and the risk-free rate is 6.35 percent. what must the expected return on the market be? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Answers

Ifa stock has an expected return of 10.3 percent, its beta is 1.02, and the risk-free rate is 6.35 percent, the expected return on the market must be 9.12%.

The capital asset pricing model (CAPM) provides a formula to calculate the expected return on an asset based on its beta, the expected return on the market, and the risk-free rate.

The formula is:

Expected return = Risk-free rate + Beta x (Expected return on the market - Risk-free rate)

In this case, we know that the expected return on the stock is 10.3%, the beta is 1.02, and the risk-free rate is 6.35%. We need to solve for the expected return on the market.

10.3% = 6.35% + 1.02 x (Expected return on the market - 6.35%)

Simplifying this equation, we get:

Expected return on the market = (10.3% - 6.35%) / 1.02 + 6.35%

Expected return on the market = 9.12%

To learn more about stock click on,

https://brainly.com/question/15187277

#SPJ4

Think about a product or service (not acompany) you considered buying recently or one you boughtand tell us a little about that product or service.Then tell us what elements of the Promotional Mix

Answers

The elements of the promotional mix used for the iPhone include traditional advertising, direct marketing, interactive, public relations, sales promotion, personal selling, and event marketing. These elements were intregrated.

The promotional mix is the combination of communication methods that an organization uses to present information about its product to potential customers. Advertising, personal selling, sales promotion, direct marketing, and public relations are all examples of promotional elements that can be combined in various ways to create a promotional mix. The elements of the promotional mix that were used for a particular product can vary depending on a variety of factors such as the product, the target market, and the promotional budget.

Integrated marketing communications involves the careful coordination of all promotional messages for a product or service to ensure consistency at every contact point with the consumer. Let's consider a product, for example, Apple's iPhone.

The elements of the promotional mix used for the iPhone include:

1. Traditional advertising: Apple uses TV commercials, print ads, billboards, and online ads to showcase the features and benefits of the iPhone.

2. Direct marketing: Apple sends targeted emails to their customer database, promoting the latest iPhone models and offering exclusive deals.

3. Interactive: The company utilizes its website and social media platforms to engage with customers and provide product information, as well as customer support.

4. Public relations: Apple holds press events and product launches to generate media coverage and create buzz around the release of a new iPhone.

5. Sales promotion: The company offers promotional deals, such as trade-in offers or limited-time discounts, to incentivize customers to purchase the iPhone.

6. Personal selling: Apple has a team of salespeople at their retail stores to help customers with product inquiries and guide them through the purchasing process.

7. Event marketing: The company participates in industry events, like tech conferences, to showcase their products and connect with potential customers.

These promotional mix elements were integrated for the iPhone through a consistent message and visual branding. Apple ensures that all marketing communications highlight the product's innovative features, sleek design, and user-friendly interface. By coordinating these elements across various channels and touchpoints, Apple creates a unified and cohesive brand experience for the consumer.

Note: The question is incomplete. The complete question probably is: Integrated marketing communications is the careful coordination of all promotional messages—traditional advertising, direct marketing, interactive, public relations, sales promotion, personal selling, event marketing, and other communications—for a product or service to assure the consistency of messages at every contact point where a company meets the consumer. Then think about a product you have considered buying lately or one you recently bought. What elements of the promotional mix were used for this product? Where they integrated? How or how not?

Learn more about Promotional mix:

https://brainly.com/question/14018043

#SPJ11

he TRIM (Team, Resources, Idea, Market) framework is a planning tool that identifies the types of people needed for the team, the resources available and needed, the details of the idea, and the potential market for the product or service. It serves as a tool for determining the types of people you would like on your team and how you might go about attracting them to your business, the resources you have available to grow the business and the types of access you may have to other resources, the validity of your idea, and the potential market for your product or service.
Pick one of the four TRIM variables (Team, Resources, Idea, Market) and describe some of the questions that might be asked pertaining to this variable
For example: Team: Who needs to be on the team? What skills do they need etc. Resources. What cash do what have to use? What equipment do we need to start etc. Idea: How is our idea unique? What customer needs are being met etc. Market: Who are our primary customers? How will we reach them etd.

Answers

Market variable of TRIM (Team, Resources, Idea, Market) pertains to evaluating potential market for a product or service and include questions such as who are our target customers?, what is the size of our potential market?, how will we reach our customers?, etc.

From the four variable of TRIM (Team, Resources, Idea, Market) framework we will focus on the "Market" variable. The Market component helps assess the potential market for a product or service. It is crucial to understand the market dynamics, target audience, and potential customers to make informed decisions and develop an effective marketing strategy.

Some of the questions that might be asked pertaining to the "Market" variable include:

1. Who are our target customers? - Identify the specific demographics, geographic locations, and interests of your potential customer base.

2. What is the size of our potential market? - Estimate the number of potential customers and the overall market value for your product or service.

3. How will we reach our customers? - Determine the most effective marketing channels, such as social media, email campaigns, or traditional advertising, to reach your target audience.

4. Who are our competitors? - Analyze your direct and indirect competitors, their strengths and weaknesses, and how your product or service differentiates from them.

5. What are the key market trends? - Stay updated on market trends, customer preferences, and emerging technologies that may impact your product or service.

6. How will we price our product or service? - Set competitive pricing based on costs, customer willingness to pay, and market conditions.

7. What are the potential barriers to market entry? - Identify challenges or obstacles that your business may face when entering the market, such as regulatory requirements, high competition, or limited access to resources.

By addressing these questions, you can gain a better understanding of your potential market, allowing you to make informed decisions and develop a successful marketing strategy.

Learn more about TRIM:

https://brainly.com/question/28139142

#SPJ11

30) cordking electronics has entered a stage in which the demand for their innovative fax machines has declined. now most customers are buying replacement parts or buying their second fax machine from the firm. what stage in the industry life cycle does this scenario describe

Answers

Based on the given scenario, it appears that Cordking Electronics is currently in the maturity stage of the industry life cycle.

The maturity stage is characterized by a slowdown in industry growth, where demand for products and services reaches a peak and then begins to level off. In this stage, most customers have already adopted the product or service, and market saturation has been reached. Therefore, firms in the maturity stage typically focus on maintaining market share, increasing efficiency and reducing costs, and maximizing profitability through product differentiation and innovation.

In the given scenario, the demand for Cordking Electronics' fax machines has declined, indicating that the market is becoming saturated and the product is reaching the end of its life cycle. At this stage, most customers are either buying replacement parts or purchasing their second fax machine from the firm, indicating that the market is no longer growing rapidly. Therefore, the firm is likely focusing on maintaining its market share, maximizing profits, and innovating new products or features to differentiate itself from competitors.

Therefore, based on the given scenario, Cordking Electronics is most likely in the maturity stage of the industry life cycle.

To know more about industry life cycle , refer here :

https://brainly.com/question/31086088#

#SPJ11

A company is planning to install a new automated plastic- molding press. Two different presses are available. The initial capital investments and annual expenses for these two mutually exclusive alternatives are as follows: Press 1 Press 2 Capital Investment $49,600 $52,000 Annual expenses: $25,192 $22,880 Reject Rate 2. 6% 5. 6% Assume that each press has the same output capacity (120,000 units per year) and has no market value at the end of its useful life; the selected analysis period is five years, and any additional capital invested is expected to earn at least 10% per year. 1. If all non-defective units can be sold for $0. 375 per unit, which press should be recommended? 2. What can you tell me about the incremental IRR of the extra $2. 400 investment needed for Press 22 You can skip this part

Answers

Press 2 should be recommended as it has a higher NPV. The incremental IRR of the extra $2,400 investment needed for Press 2 is 17.4%, which is higher than the required rate of return of 10%, making it a good investment decision.

To determine which press should be recommended, we need to calculate the net present value (NPV) of each alternative. The formula for calculating NPV is:

NPV = -Initial Investment + PV of Cash Flows

where PV is the present value of cash flows, discounted at the required rate of return. The cash flows in this case are the revenues from the sale of non-defective units and the annual expenses.

For Press 1, the NPV can be calculated as follows:

NPV1 = -$49,600 + PV of Cash Flows1

[tex]PV_{Cash Flows1} = \Big[120,000 \text{ units/year} \times (1 - 0.026) \times $0.375/\text{unit} - $25,192 \Big] \times \Bigg[\frac{1 - \frac{1}{(1 + 0.1)^5}}{0.1}\Bigg]$[/tex]

PV of Cash Flows1 = $76,689

NPV1 = -$49,600 + $76,689

NPV1 = $27,089

For Press 2, the NPV can be calculated as follows:

NPV2 = -$52,000 + PV of Cash Flows2

[tex]PV_{Cash Flows2} = \Big[120,000 \text{ units/year} \times (1 - 0.056) \times $0.375/\text{unit} - $22,880 \Big] \times \Bigg[\frac{1 - \frac{1}{(1 + 0.1)^5}}{0.1}\Bigg]$[/tex]

PV of Cash Flows2 = $81,771

NPV2 = -$52,000 + $81,771

NPV2 = $29,771

Therefore, Press 2 should be recommended since it has a higher NPV.

The incremental internal rate of return (IRR) of the extra $2,400 investment needed for Press 2 can be calculated as follows:

NPV2' = -$54,400 + PV of Cash Flows2'

[tex]PV_{Cash Flows2'} = \Big[120,000 \text{ units/year} \times (1 - 0.056) \times $0.375/\text{unit} - $22,880 - $2,400 \Big] \times \Bigg[\frac{1 - \frac{1}{(1 + IRR)^5}}{IRR}\Bigg]$[/tex]

PV of Cash Flows2' = $82,536

NPV2' = -$54,400 + $82,536

NPV2' = $28,136

To calculate the IRR of the extra $2,400 investment, we need to solve for IRR in the following equation:

[tex]0 = -$2,400 + \Big[120,000 \text{ units/year} \times (1 - 0.056) \times $0.375/\text{unit} - $22,880 - $2,400 \Big] \times \Bigg[\frac{1 - \frac{1}{(1 + IRR)^5}}{IRR}\Bigg]$[/tex]

Solving for IRR gives us an incremental IRR of 17.4%. This means that the extra $2,400 investment for Press 2 has an expected return of 17.4%, which is higher than the required rate of return of 10%. Therefore, it would be a good investment decision to make the additional investment for Press 2.

To learn more about NPV

https://brainly.com/question/29423457

#SPJ4

1. What were the achievements and problems of the Confederation government 2. What were the major disagreements and compromises that led to the finished Constitution?

Answers

Confederation, generally speaking, is any league, union, or association of people. The phrase is mainly only used in relation to permanent unions of independent states for shared objectives in modern politics, such as the German Confederation created by the Congress of Vienna in 1815.

A confederation was established between Russia and Belarus in 1999 as a result of a contract that went into effect on January 26, 2000. Despite having the name Union State and some federation-like traits, it is still a confederation of two sovereign states.

Learn more about the Confederation here:

https://brainly.com/question/11649223

#SPJ1

Riskier asset classes, such as international equities, historically have higher returns than less risky asset classes, such as fixed interest. Does this necessarily mean that a high

allocation to riskier asset classes is appropriate for all investors? Why/why not? [2 marks]

Answers

A high allocation to riskier asset classes, like international equities, is not appropriate for all investors. This is because investors have different risk tolerance levels, investment time horizons, and financial goals.

Risk tolerance is the level of risk an investor is comfortable taking on in their portfolio. Those with a low-risk tolerance may not be willing to invest heavily in riskier asset classes, as they seek more stability in their investments.

On the other hand, investors with a high-risk tolerance might allocate more funds to riskier asset classes, like international equities, as they seek higher potential returns.

Investment time horizon is the length of time an investor plans to hold onto their investments. Investors with a short time horizon might not be well-suited for riskier investments, as they may not have enough time to recover from potential losses.

Long-term investors, however, may benefit from investing in riskier asset classes, as they have more time to ride out market fluctuations.

Lastly, financial goals play a role in determining the appropriateness of investing in riskier asset classes. Investors with conservative financial goals might prefer a lower allocation to riskier investments, while those with aggressive financial goals may seek higher exposure to riskier asset classes.

In summary, a high allocation to riskier asset classes like international equities is not appropriate for all investors, as it depends on their risk tolerance, investment time horizon, and financial goals.

To know more about investors refer here:

https://brainly.com/question/28538187#

#SPJ11

which of the following describe the technical analysis method of determining a buy, sell, or hold price for a security? choose all that apply. use of several tools to identify and predict patterns in the market. compare intrinsic value to market price to determine whether or not the stock is a good investment. focus on the economy, industry, and company specific variables that affect value. consideration of support and resistance levels to determine when a stock should be purchased or sold. use of charting to predict buy and sell price points.

Answers

The following options describe the technical analysis method of determining a buy, sell, or hold price for a security:

Use of several tools to identify and predict patterns in the market.Consideration of support and resistance levels to determine when a stock should be purchased or sold.Use of charting to predict buy and sell price points.

Technical analysis involves using past market data and chart patterns to predict future price movements of securities. Technical analysts use various tools such as moving averages, trendlines, and oscillators to identify patterns and trends in the market. They also consider support and resistance levels, which are price points where buying or selling pressure may cause the stock to rebound or fall.

Charting involves the use of technical indicators to identify entry and exit points for trading. Technical analysis is based on the premise that historical price and volume data can provide insights into future market behavior.

To learn more about technical analysis, here

https://brainly.com/question/31377306

#SPJ4

On January 1, 2021, Nath-Langstrom Services, Inc. , a computer software training firm, leased several computers under a two-year operating lease agreement from ComputerWorld Leasing, which routinely finances equipment for other firms at an annual interest rate of 6%. The contract calls for four rent payments of $11,000 each, payable semiannually on June 30 and December 31 each year. The computers were acquired by ComputerWorld at a cost of $92,000 and were expected to have a useful life of five years with no residual value. Both firms record amortization and depreciation semiannually. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. ) Required: 1. Prepare appropriate journal entries recorded by Nath-Langstrom Services for the first year of the lease. 2. Prepare appropriate journal entries recorded by ComputerWorld Leasing for the first year of the lease.


Record the beginning of the lease for Nath-Langstrom Services. Jan. 1, 2021


Record the lease payment made by Nath-Langstrom Services. June 30,2021


Record amortization for Nath-Langstrom Services. June 30,2021


Record the lease payment made by Nath-Langstrom Services. Dec. 31,2021


Record amortization for Nath-Langstrom Services. Dec. 31,2021


Requirement 2


Record the lease payment received by ComputerWorld Leasing. June. 30,2021


Record depreciation for ComputerWorld Leasing. June 30,2021


Record the lease payment received by ComputerWorld Leasing. Dec. 31,2021


Record depreciation for ComputerWorld Leasing. Dec. 31, 2021

Answers

On January 1, 2021, Nath-Langstrom Services, Inc. , service a computer software training firm, leased several computers under a two-year operating lease agreement from ComputerWorld Leasing, appropriate.

a.) Record the beginning of the lease for Nath Langstrom Services. Jan. 1, 2021 the following is how Nath-Langstrom Services, Inc. will record the lease payments.

b) Record the lease payment made by Nath-Langstrom Services. June 30,2021When the lease first began:Lease liability is debited.10,000.

c) Services are actions or tasks that a business or person performs for clients. These services typically don't provide a tangible product and are instead intangible.

d) Accounting, consulting, marketing, financial, IT, and legal services are a few examples. Services are typically provided by businesses using their expertise and skills rather than material inputs.

Credit: Lease 10,000 Asset

When you pay your rent:

Debit: $5,000 in lease expenses

Credit: 5,000 Lease Liability

Following each period:

Debit: $2,000 in depreciation costs

Credit: 2,000 in accumulated depreciation

Depreciation expense will be recorded throughout the anticipated lease term, and the lease asset will be amortised over the same period.

To know more about Service visit:

https://brainly.com/question/30616917

#SPJ4

the campbell company is considering adding a robotic paint sprayer to its production line. the sprayer's base price is $920,000, and it would cost another $25,000 to install it. the machine falls into the macrs 3-year class (the applicable macrs depreciation rates are 33.33%, 44.45%, 14.81%, and 7.41%), and it would be sold after 3 years for $525,000. the machine would require an increase in net working capital (inventory) of $10,500. the sprayer would not change revenues, but it is expected to save the firm $356,000 per year in before-tax operating costs, mainly labor. campbell's marginal tax rate is 35%. what is the year 0 net cash flow? $

Answers

The year 0 net cash flow for the Campbell Company can be calculated by considering the initial investment, installation cost, and increase in net working capital.

The initial investment for the robotic paint sprayer is $920,000, and the cost to install it is $25,000. The increase in net working capital, mainly due to inventory, is $10,500 To sum up these costs: Initial investment: $920,000 Installation cost: $25,000
Increase in net working capital: $10,500
Year 0 net cash flow = $920,000 + $25,000 + $10,500 = $955,500 So, the year 0 net cash flow for the Campbell Company is -$955,500, which represents the initial outflow of cash to purchase and install the robotic paint sprayer and the increase in net working capital.

For more such questions on cash flow

https://brainly.com/question/24179665

#SPJ11

Imagine, you have been appointed as a MIS executive at a local company (XYZ Company) in Bangladesh. Your CEO is planning to invest money on implementing cutting edge technology in the organization. He asked you to prepare a report in which you have to summarize the impact of the introduction of e-business on different aspects of an organization

Answers

As a MIS executive at XYZ Company, I am pleased to present a report on the impact of the introduction of e-business on different aspects of the organization.

Introduction:
E-business, also known as electronic business, is the conduct of business processes on the internet. It involves the exchange of goods, services, and information through electronic means. The introduction of e-business in an organization can have a significant impact on various aspects of the organization.

Impact of e-business on different aspects of an organization:

1. Sales and Marketing:
The introduction of e-business can have a positive impact on the sales and marketing of an organization. E-business provides an opportunity to reach a wider audience through online marketing techniques. It allows customers to browse and purchase products or services from the comfort of their homes, resulting in increased sales.

2. Customer Service:
E-business can improve customer service by providing 24/7 access to customer support through online chat, email, or phone. Customers can also track their orders and receive real-time updates on the delivery status of their products, resulting in increased customer satisfaction.

3. Supply Chain Management:
E-business can streamline supply chain management by automating procurement, inventory management, and order processing. It can result in reduced lead times, increased efficiency, and cost savings.

4. Human Resources:
E-business can impact human resources by providing online recruitment and training for employees. It can also facilitate remote working, resulting in increased flexibility and work-life balance for employees.

5. Financial Management:
E-business can improve financial management by facilitating online transactions, reducing transaction costs, and providing real-time financial reporting. It can result in increased transparency and accuracy in financial reporting.

Conclusion:
In conclusion, the introduction of e-business can have a significant impact on various aspects of an organization, including sales and marketing, customer service, supply chain management, human resources, and financial management. It can result in increased efficiency, cost savings, and customer satisfaction. Therefore, it is recommended that XYZ Company invest in e-business to remain competitive in the rapidly evolving business landscape.

how can businesses influence motivation?

Answers

Employees are more likely to be motivated when they are included and satisfied in all or most of these areas.

Inspiration factors remembered for Hertz berg's hypothesis incorporate the actual work, development, acknowledgment, progression, accomplishment and obligation.

Motivation in the workplace rises when goals are set and met, expectations are clear, feedback is given, and management is encouraged. It thrives in a positive workplace, which is the reason such countless pioneers need to learn better approaches to spur their labor force.

Inspirations like advancements make a drive for representatives to work to the best of their capacities. In that capacity, inspiration in an association will prompt an expansion in the efficiency of a worker, who will offer more contrasted with a demoralized representative

Learn more about business motivation:

brainly.com/question/31035781

"Nowadays, many young and talented people have been promoted quicklyto fill the vacancies for managers. As a result, it is common tosee younger managers leading elder team members in amulti-generati"

Answers

Nowadays, many young and talented people have been promoted quickly to fill the vacancies for managers. As a result, it is common to see younger managers leading elder team members in a multi-generational workplace.

The advantages and disadvantages to having younger managers leading elder team members

There are both advantages and disadvantages to having younger managers leading elder team members. One advantage is that younger managers may bring fresh perspectives and new ideas to the team. They may also be more familiar with new technologies and digital tools.

However, younger managers may lack experience and skills that elder team members possess. It is important for younger managers to respect their team members' knowledge and experience and to be open to learning from them.

Effective communication and mutual respect are key to successful multi-generational teams. managing and leading at

Learn more about managing and leading at

https://brainly.com/question/18898438

#SPJ11

Limitations and applicability of organizational behaviour model

Answers

Organizational behavior (OB) models are valuable tools for understanding and managing human behavior in the workplace. However, there are some limitations and applicability factors to consider when using them.

One limitation of OB models is that they are based on generalizations and may not perfectly capture the unique characteristics of a specific organization. Organizations differ in terms of size, industry, and culture, which may impact the applicability of a particular model. Managers should therefore adapt and customize these models to their specific context for better results.

Another limitation is that OB models typically focus on observable behaviors, neglecting the influence of individual personalities and emotions. This may lead to an incomplete understanding of employee behavior and limit the effectiveness of interventions aimed at improving workplace performance.

Moreover, OB models often emphasize the role of the organization's structure and systems, potentially underestimating the importance of individual motivation, personal values, and beliefs. For this reason, an effective OB model should also take into account the psychological factors that drive employee behavior.

Regarding the applicability of OB models, they are most useful in situations where there is a need to understand and manage human behavior within the organization. This includes employee recruitment and selection, performance management, team-building, leadership development, and organizational change.

In conclusion, organizational behavior models can offer valuable insights into the dynamics of human behavior in the workplace. However, it is crucial to recognize their limitations and adapt them to the specific context of the organization. By doing so, managers can optimize the applicability of these models and improve overall organizational performance.

Know more about "human behavior".

https://brainly.com/question/31168448

#SPJ11

In the ______ approach, change is accomplished by persuading people that a change is necessary, providing data to support the argument, and justifying the need for change.
a) normative-reeducative
b) power-coercive
c) empirical-rational
d) environmental-adaptive

Answers

In the c) empirical-rational approach, change is accomplished by persuading people that a change is necessary, providing data to support the argument, and justifying the need for change.

The empirical-rational approach focuses on implementing change by presenting logical reasoning and empirical evidence to convince individuals of the need for change.

It involves providing data, facts, and rational arguments to support the proposed change and justify its necessity. This approach assumes that people are rational beings who will be convinced by the logical case for change.

It emphasizes the use of information, analysis, and persuasive techniques to gain acceptance and commitment from individuals involved in the change process. By presenting a strong case backed by evidence, the empirical-rational approach aims to overcome resistance to change and facilitate its successful implementation.

To know more about empirical-rational refer here:

https://brainly.com/question/457062#

#SPJ11

(Compound value solving for n) How many years will the following take?


a. $500 to grow to $1,039. 50 if invested at 5 percent compounded annually


b. $35 to grow to $53. 87 if invested at 9 percent compounded annually


c. $100 to grow to $298. 60 if invested at 20 percent compounded annually


d. $53 to grow to $78. 76 if invested at 2 percent compounded annually

Answers

It would be take approximately 20.63 years for $53 to grow to $78.76 if invested at 2 percent compounded annually.

To solve for the number of years, we can use the compound interest formula:

FV = PV*(1+r)ⁿ

where FV is the future value, PV is the present value, r is the annual interest rate as a decimal, and n is the number of compounding periods. In this case, we have:

$1,039.50 = $500*(1+0.05)ⁿ

Simplifying:

2.079 = 1.05ⁿ

Taking the natural logarithm of both sides:

ln(2.079) = ln(1.05ⁿ)

ln(2.079) = n*ln(1.05)

n = ln(2.079)/ln(1.05) ≈ 14.16

Therefore, it will take approximately 14.16 years for $500 to grow to $1,039.50 if invested at 5 percent compounded annually.

Using the same formula:

$53.87 = $35*(1+0.09)ⁿ

1.539 = 1.09ⁿ

ln(1.539) = ln(1.09ⁿ)

ln(1.539) = n*ln(1.09)

n = ln(1.539)/ln(1.09) ≈ 5.97

Therefore, it will take approximately 5.97 years for $35 to grow to $53.87 if invested at 9 percent compounded annually.

Again, using the same formula:

$298.60 = $100*(1+0.20)ⁿ

2.986 = 1.20ⁿ

ln(2.986) = ln(1.20ⁿ)

ln(2.986) = n*ln(1.20)

n = ln(2.986)/ln(1.20) ≈ 4.17

Therefore, it will take approximately 4.17 years for $100 to grow to $298.60 if invested at 20 percent compounded annually.

Finally, using the same formula:

$78.76 = $53*(1+0.02)ⁿ

1.484 = 1.02ⁿ

ln(1.484) = ln(1.02ⁿ)

ln(1.484) = n*ln(1.02)

n = ln(1.484)/ln(1.02) ≈ 20.63

Therefore, it will take approximately 20.63 years for $53 to grow to $78.76 if invested at 2 percent compounded annually.

To know more about annually

https://brainly.com/question/31513796

#SPJ4

a pension fund manager is considering three mutual funds. the first is a stock fund, the second is a long-term government and corporate bond fund, and the third is a t-bill money market fund that yields a sure rate of 5.5%. the probability distributions of the risky funds are: expected return standard deviation stock fund (s) 16% 36% bond fund (b) 10% 27% the correlation between the fund returns is 0.20. problem 6-10 (algo) required: what is the sharpe ratio of the best feasible cal?

Answers

To determine the Sharpe ratio of the best feasible CAL (capital allocation line), we first need to find the expected return and standard deviation of the portfolio that maximizes the Sharpe ratio.

Expected return of portfolio=  [tex]R(x)= x(16‰)[/tex][tex]+ (1-x)(10%)\\ \\= 16x - 10x + 10)[/tex]

[tex]= 6x + 10%[/tex]

Standard deviation of portfolio [tex](σp) = sqrt[x^2(36)^2[/tex][tex]+ (1-x)^2(27)^2+ 2x(1-x)[/tex]+[tex]+(36)(27) (0.20)][/tex] [tex]= sqrt[12.96x^2 - 10.08x + 7.29][/tex]

The risk-free rate is given as [tex]5.5%[/tex]. To maximize the Sharpe ratio, we need to find the value of x that maximizes [tex](Rp - 5.5)/σp[/tex]. We can use calculus to find the maximum value:

[tex]d/dx [(Rp - 5.5)/σp] = [d/dx(Rp - 5.5)/σp][/tex][tex]- [(Rp - 5.5)d/dxσp]/σp^2[/tex]

=[tex][(6 - 0.55σp)/σp] - [(Rp - 5.5)d/dxσp]/σp^2[/tex]

Setting this equal to zero and solving for x, we get: [tex]x = (6 - 0.55σp)/(16 - 10.08σp)[/tex]

Substituting this value of x into the expressions for Rp and σp, we get:

Rp = [tex]6x + 10 = 6[(6 - 0.55σp)/(16 - 10.08σp)] + 10 = (36 - 3.3σp)/(16 - 10.08σp)[/tex]

[tex]σp = sqrt[12.96x^2 - 10.08x + 7.29] = sqrt[(12.96(6 - 0.55σp)^2)/(16 - 10.08σp)^2 - 10.08(6 - 0.55σp)/(16 - 10.08σp) + 7.29][/tex]

We can now plug these expressions for Rp and σp into the Sharpe ratio formula: [tex]Sharpe ratio = (Rp - 5.5)/σp[/tex]

Simplifying, we get: Sharpe ratio=[tex][(36 - 3.3σp)/(16 - 10.08σp)[/tex]-[tex]- 5.5]/sqrt[(12.96(6 - 0.55σp)^2)/(16 - 10.08σp)^2 - 10.08(6 - 0.55σp)/(16 - 10.08σp) + 7.29][/tex]

After performing the calculations, the Sharpe ratio of the best feasible CAL is approximately [tex]0.263[/tex]

To learn more about Sharpe ratio, visit here

https://brainly.com/question/28102814

#SPJ4

megarock produces quick setting concrete mix. production of 203,920 tons was started in april, 192,720 tons were completed. material costs were $3,152,320 for the month while conversion costs were $592,600. there was no beginning work-in-process; the ending work-in-process was 70% complete. what is the cost of the product that remains in work-in-process? (round your intermediate calculations to 2 decimal places.)

Answers

The cost of the product that remains in work-in-process is $143,980.80.

To calculate the cost of the product that remains in work-in-process, we need to determine the total cost of the 203,920 tons of quick setting concrete mix that was started in April and then subtract the cost of the 192,720 tons that were completed in the same period.

The total cost of the quick setting concrete mix includes both material costs and conversion costs. Material costs are the costs of the raw materials used to produce the concrete mix, while conversion costs are the costs of converting the raw materials into finished goods.

Total cost of 203,920 tons of quick setting concrete mix:

= Material costs + Conversion costs

= $3,152,320 + $592,600

= $3,744,920

The cost per ton of quick setting concrete mix is;

= Total cost / Total units

= $3,744,920 / 203,920

= $18.37 per ton

The cost of the 192,720 tons that were completed in April is:

= Completed units x Cost per unit

= 192,720 x $18.37

= $3,543,246.40

To calculate the cost of the product that remains in work-in-process, we need to determine the cost of the remaining 11,200 tons of quick setting concrete mix that were not completed in April.

The equivalent units for the work-in-process are;

=Units in ending work-in-process x Percentage complete

= 11,200 x 0.7

= 7,840

The cost of the work-in-process is;

= Equivalent units x Cost per unit

= 7,840 x $18.37

= $143,980.80

To know more about cost here

https://brainly.com/question/31041508

#SPJ4

Pacific hotels operates a centralized call center for the reservation needs of its hotels. costs associated with use of the center are charged to the hotel group (luxury, resort, standard, and budget) based on the length of time of calls made (time usage). idle time of the reservation agents, time spent on calls in which no reservation is made, and the fixed cost of the equipment are allocated based on the number of reservations made in each group. due to recent increased competition in the hotel industry, the company has decided that it is necessary to better allocate its costs in order to price its services competitively and profitably. during the most recent period for which data are available, the use of the call center for each hotel group was as follows. division time usage (thousands of minutes) number of reservations (thousands) luxury 320 136 resort 160 187 standard 640 374 budget 480 1,003 during this period, the cost of the call center amounted to $880,000 for personnel and $670,000 for equipment and other costs. required: a-1. determine the allocation to each of the divisions using a single rate based on time used. a-2. determine the allocation to each of the divisions using the dual rates based on time used (for personnel costs) and number of reservations (for equipment and other cost).

Answers

The total allocation to each division using dual rates is:Luxury: $229,554, Resort: $161,772, Standard: $499,556 and Budget: $659,050

a-1. To determine the allocation to each division using a single rate based on time used, we need to calculate the total time usage across all divisions and use this as the allocation base.

Total time usage = 320 + 160 + 640 + 480 = 1,600 thousand minutes

Total cost = $880,000 + $670,000 = $1,550,000

Single rate = Total cost / Total time usage

= $1,550,000 / 1,600,000 = $0.96875 per minute

Using this single rate, we can allocate the costs to each division as follows:

Luxury: $0.96875 x 320,000 = $310,000

Resort: $0.96875 x 160,000 = $155,000

Standard: $0.96875 x 640,000 = $620,000

Budget: $0.96875 x 480,000 = $465,000

a-2. To determine the allocation to each division using dual rates, we need to calculate two different rates: one based on time used (for personnel costs) and one based on the number of reservations (for equipment and other costs).

Personnel cost rate = Personnel cost / Total time usage

= $880,000 / 1,600,000 = $0.55 per minute

Equipment and other cost rate = Equipment and other cost / Total number of reservations

= $670,000 / 1,700,000 = $0.3941 per reservation

Using these rates, we can allocate the costs to each division as follows:

Luxury: Personnel cost allocation = $0.55 x 320,000 = $176,000

Equipment and other cost allocation = $0.3941 x 136,000 = $53,554

Total allocation = $176,000 + $53,554 = $229,554

Resort: Personnel cost allocation = $0.55 x 160,000 = $88,000

Equipment and other cost allocation = $0.3941 x 187,000 = $73,772

Total allocation = $88,000 + $73,772 = $161,772

Standard: Personnel cost allocation = $0.55 x 640,000 = $352,000

Equipment and other cost allocation = $0.3941 x 374,000 = $147,556

Total allocation = $352,000 + $147,556 = $499,556

Budget: Personnel cost allocation = $0.55 x 480,000 = $264,000

Equipment and other cost allocation = $0.3941 x 1,003,000 = $395,050

Total allocation = $264,000 + $395,050 = $659,050

Therefore, the total allocation to each division using dual rates is:

Luxury: $229,554

Resort: $161,772

Standard: $499,556

Budget: $659,050

To know more about dual rates refer to-

https://brainly.com/question/30455558

#SPJ11

Other Questions
Sentences such as "colorless green ideas sleep furiously" indicate that: Robertson Resorts is considering whether to expand their Pagosa Springs Lodge. The expansion will create 24 additional rooms for rent. The following estimates are available:Cost of expansion$3,310,000 Discount rate 9%Useful life 20 Annual rental income$1,900,000 Annual operating expenses$1,450,000 Robertson uses straight-line depreciation and the lodge expansion will have a residual value of $2,520,000. Required:1. Calculate the annual net operating income from the expansion. 2. Calculate the annual net cash inflow from the expansion. 3. Calculate the ARR. (Round your answer to 2 decimal places. )4. Calculate the payback period. (Round your answer to 1 decimal place. )5. Calculate the NPV. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1. ) (Use appropriate factor(s) from the tables provided. Do not round intermediate calculations. Round your final answer to nearest whole dollar amount. ) IClicker Question 16Suppose that a random sample of 100 smokersreveals that the average weight gain after quittingsmoking was 20 pounds with a standard deviation of 6pounds. The value of xisA. 6. B. 20. C. 100. D. 6/V100 = 0. 6. A 1500. 0 gram piece of wood with a specific heat capacity of 1. 8 g/JxC absorbs 67,500 Joules of heat. If the final temperature of the wood is 57C, what is the initial temperature of the wood? (2 sig figs) How does a van de graaff generator create static electricity?. What does Dr. Sassoman suggest as a therapeutic activity for Emma? Cite specific details from the text to support your answer. Which expression is equivalent to 5/4x +33-2+2 David gallo: underwater astonishments1. gallo spends his short talk examining amazing underwater creaturesand pointing out their adaptations. he mentions two squid that arefighting. what part of his description of these squid is an adaptation?why might this be useful for the male squid2. what adaptation does gallo describe when talking about theoctopus?3. gallo mentions several things that sea creatures usebioluminescence for that were also mentioned by widder in theprevious video. describe the similarities and differences between thetwo talks. https://www.galleriaaccademiafirenze.beniculturali.it/opere/david-di-michelangelo/ Iconographic Analysis (300-500 words/2 points):This is an investigation of the imagery and subject matter of the object. It should seek to understand what the work meant to its original audience, and also the history of the iconography or its origins. This analysis may also discuss the objects use or function. This essay seeks to answer the question, what does it mean? A triangle is shown with its exterior angles. The interior angles of the triangle are angles 2, 3, 5. The exterior angle at angle 2 is angle 1. The exterior angle at angle 3 is angle 4. The exterior angle at angle 5 is angle 6. Which statements are always true regarding the diagram? Select three options. m5 + m3 = m4 m3 + m4 + m5 = 180 m5 + m6 =180 m2 + m3 = m6 m2 + m3 + m5 = 180 Tabithas neighbors are annoyed by the types of plants she grows in her yard. After several attempts at talking to her, digging up her plants in the night, and even running her out of the neighborhood, Tabithas annoying behavior has not changed. One neighbor suggests they just kill her. Most people would agree that such an action is clearly immoral. How might it be evaluated by a utilitarian?a. )Killing Tabitha is morally right because the majority of her neighbors support the action and very few oppose it. b. )Killing Tabitha is morally right because the happiness it brings all her neighbors will outweigh the harm to her. c. )Killing Tabitha is morally wrong because Tabithas happiness is more important than that of her neighbors. d. )Killing Tabitha is morally wrong because murder is wrong, regardless of the consequences A pet store has 10 puppies, including 3 poodles, 3 terriers, and 4 retrievers. If Rebecka and Aaron, in that order, each select one puppy at random without replacement, find the probability that Aaron selects a retriever, given that Rebecka selects a poodle. Simplify with steps. (Write each expression without using the absolute value symbol)|x+3| if x>5 Create and Submit Your Thesis StatementA thesis states the main idea or argument for your essay. The focus of your essay should always support your thesis statement. In order to receive teacher feedback for your thesis statement, you will submit it for review. Click or tap the link to access the Ancient India and China Project Worksheet and Rubric. Review these documents as you begin to work on your thesis statement.Ancient India and China Project WorksheetAncient India and China Project RubricComplete The Main Idea and Thesis Statement sections of the worksheet before submitting your thesis statement for teacher feedback. You may receive feedback from your teacher before completing the final draft of your project.Click or tap the link to access the document APA Style: Citing Sources and Formatting. You will follow these guidelines to set up your paper and provide attribution for your sources.APA Style: Citing Sources and Formatting Answer this question soon Your science teacher takes a batch of peppered moths to an environment with an entirely different color , like rainforest, where the predominant color is green. After several generations, you would predict that ? Pacific hotels operates a centralized call center for the reservation needs of its hotels. costs associated with use of the center are charged to the hotel group (luxury, resort, standard, and budget) based on the length of time of calls made (time usage). idle time of the reservation agents, time spent on calls in which no reservation is made, and the fixed cost of the equipment are allocated based on the number of reservations made in each group. due to recent increased competition in the hotel industry, the company has decided that it is necessary to better allocate its costs in order to price its services competitively and profitably. during the most recent period for which data are available, the use of the call center for each hotel group was as follows. division time usage (thousands of minutes) number of reservations (thousands) luxury 320 136 resort 160 187 standard 640 374 budget 480 1,003 during this period, the cost of the call center amounted to $880,000 for personnel and $670,000 for equipment and other costs. required: a-1. determine the allocation to each of the divisions using a single rate based on time used. a-2. determine the allocation to each of the divisions using the dual rates based on time used (for personnel costs) and number of reservations (for equipment and other cost). Eight percent of all college graduates hired by companies stay with the same company for more than five years. The probability, rounded to four decimal places, that in a random sample of 14 such college graduates hired recently by companies, exactly 2 will stay with the same company for more than five years is _?_. Using clues from index fossils and chronological layering to determine the age of an unknown rock is known as dating?A:specimenB:sedimentaryC:relative Karissa wants to use the data to determine which brand is most absorbent. Based on the data collected at the beginning of the contest, enter the approximate number of paper towels needed to clean each square foot of the spill. Enter the number of Brand A paper towels needed per square foot in the first box. Enter the number of Brand B paper towels needed per square foot in the second box. Enter the number of Brand C paper towels needed per square foot in the third box