Since the company does have the ability to manufacture 50,000 valves, increasing supply from 40,000 to 45,000 will result in an increase in overall manufacturing costs, which will lower manufacturing costs per unit.
What is manufacturing?
Manufacturing is the process of creating or producing goods with the aid of resources such as machinery, labour, tools, chemicals, or biological formulations. It is the core of the economy's secondary sector. The phrase can be used to describe a variety of human endeavours, from handicraft to elevated, but it is most frequently used to describe industrial design, which entails the massive transformation of raw materials from of the primary sector into finished goods. Such products may be distributed through the tertiary industry to end users and consumers, sold to other manufacturers for the creation of other, more complex products (like aircraft, home appliances, furniture, sports equipment, or automobiles), or both .
Therefore, the correct option is (B) Total manufacturing cost will increase and unit manufacturing cost will decrease.
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What is the term for the act that businesses commit when they agree to set prices and increase their control of the market share?.
Across various market types, collusion can take many distinct forms. Groups as a whole get an unfair edge in each case. Price fixing is one of the most popular forms of collusion.
When organizations or people band together to manipulate a market or pricing for their own gain, this is called collusion. Price manipulation, coordinated advertising, and the sharing of insider knowledge are examples of collusion.
Collusion is discouraged by whistleblower and antitrust laws. Price fixing happens when a given supplier market has a small number of firms, a situation known as an oligopoly. This small group of companies collaborate to establish the pricing for the same product they both sell.
Companies synchronizing their marketing campaigns run the risk of engaging in collusion. For an added benefit, the cooperating businesses in this scenario might want to restrict the consumers' understanding of a good or service.
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Which of the following roles is the active head of the company?
A.
COO
B.
CEO
C.
CFO
D.
President
Answer:
CEO
Explanation:
CEO is the Chief Executive Officer who manages all the other C-Level officers like COO, CFO.
Answer: Ceo
Explanation:
:)
condominiums usually require a monthly fee for various services. at $320 a month, how much would a homeowner pay over a period of 7 years for living in this housing facility?
$26880 , A condominium is a type of ownership arrangement in which a single building is divided into a number of different units, each of which is separately owned, and which are surrounded by jointly held common areas.
What is condominiums?
A condominium is a type of ownership arrangement in which a single building is divided into a number of different units, each of which is separately owned, and which are surrounded by jointly held common areas. The phrase can be used to describe both the entire structure or complex and each individual unit therein.
320*12=3840
3840*7=$26880
A condo, often known as a condominium, is a type of housing or residential complex that consists of distinct units, each of which is owned by a different person. A condo is rented directly from the condominium owner when it is rented.
Ownership is the main distinction between a condo and an apartment. Apartments are characterized as rented homes, frequently found in larger residential buildings. Condos are similar to apartments in structure and are typically apartments within larger residential buildings, but condos are owned rather than rented.
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mark has decided to start a business! his dream is finally coming true. as mark explores the world of business formation he takes into account a few things: 1. he has enough money to start the business 2. he doesn't like complicated paperwork and having to hold annual meetings 3. the business he is starting is low risk 4. he doesn't plan on hiring any employees 5. he is not worried about making any profit for the first few years. based on this information, what type of business would be best for mark to form?
The business which is best for Mark is a Sole proprietorship
These enterprises are owned by a single person, who is also in charge of overseeing daily operations. A sole proprietorship is responsible for holding all of the company's resources and any profits. They also accept full accountability for all of their commitments and debts. This option has the least complicated, fuss-free construction available. The owner is qualified to receive all business profits.
A sole proprietorship is simple to run and reasonably simple to set up. One person owns the business, hence that person also makes all choices. Thus Mark will own the business and the decisions can be made without meetings or votes. He will also earn all the profits generated and will have unlimited liability for losses or debts. The lack of excessive paperwork and the ability to choose the personnel are further benefits.
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talia is the sales rep for atv communication systems. she wants to bid on the rfp issued by state university for distance learning technology. talia knows she will need to provide the university with detailed information, demonstrations of the firm's technology, and training sessions for faculty and students. she will also need to build relationships and learn about the key members of the university's buying center. the type of buying situation is best described as a(n)
Talia is a sales representative for ATV communication systems. She also has to build relationships and learn about key members of the University Mall. The nature of the purchase situation is best described as a new purchase.
A communication system or communication system is a collection of individual telecommunication networks, transmission systems, repeaters, substations and terminals, usually interconnected and capable of working together to form an integrated whole.
As mentioned earlier, the purpose of a communication system is to carry message signals from a source to a destination at a distance from the source. 1 is a block diagram of a communication system; FIG. The system consists of three basic components: transmitter, channel and receiver.
A communication system is a system that describes the exchange of information between two points. The process of sending and receiving information is called communication.
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flex company just paid total dividends of $600,000 and reported additions to retained earnings of $1,800,000. the company has 525,000 shares of stock outstanding and a benchmark pe of 15.4 times. what stock price would you consider appropriate?
The stock price you would consider appropriate is $70.40
Earnings per share = (Dividend + addition to retained earnings) / Total number of shares
Earnings per share = (600000 + 1800000) / 525000
EPS = 4.571428571
PE ratio = Stock price / EPS
15.4 = Stock price / 4.571428571
Stock price = 15.4 x 4.571428571
Stock price = $70.4
A stock is a protection that represents a fractional possession in a business enterprise. when you buy a corporation's inventory, you are purchasing a small piece of that business enterprise, known as a share. investors purchase shares in businesses they think will cross up in fee. stocks constitute possession in a publicly traded agency. when you purchase a enterprise's stock, you grow to be part-proprietor of that corporation. for example, if a agency has one hundred,000 shares, and also you purchase 1,000 of them, you personal 1% of the employer.
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true or false: an internal control goal for cash receipts is to ensure that the business documents the correct amount of cash received and safely depo
The goal of cash receipt controls is to make sure that all money—checks, coins, currency, and credit cards—is properly recorded and deposited on time.
What exactly are internal controls for payments and cash receipts?
To control cash exchanges, associations ought to take on a portion of the accompanying practices: Use a lockbox to accept cash payments from customers, separate duties, keep all cash and assets safe, and require background checks for employees.
What are the four cash-related internal control measures?
Cash is subject to four internal control measures. The separation of duties, the use of written protocols, background checks on employees, and storing assets and cash in safe places are examples of these.
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why do consumers make a choice by looking at both the marginal utility (mu) and the price for a product (mu/p) rather than just the price or just the marginal utility?
Consumers always try to equate marginal utility of a good to its price which is a marginal cost of consumption.
What is marginal utility and why consumers make a choice by looking at both mu and price?So economically a utility is a kind of benefit that a consumer gets by buying a product of choice.Now marginal utility is the benefit one gets by buying an additional unit of consumption except the first product bought.Here the question is asked about the consumer taking notice of both marginal utility and price while buying goods.Hence consumers watch for the marginal utility and price of the good both to equate the marginal utility to its price which is a marginal cost of consumption.To know more about marginal utility visit:
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in order for market segmentation to be effective, market segments must be large enough for a firm to make a profit by serving them. this means that segments must be multiple choice measurable. differentiable. substantial. accessible. actionable.
In order for market segmentation to be effective, market segments must be large enough for a firm to make a profit by serving them. this means that segments must be measurable.
Market segmentation is the technique of dividing a wide patron or commercial enterprise market, typically which includes existing and capability customers, into sub-corporations of customers primarily based on a few kind of shared traits.
Marketplace segmentation is a manner groups use to interrupt their capacity clients into distinctive sections. This allows the employer to allocate the ideal useful resource to every character section which lets in for greater accurate concentrated on across a spread of advertising campaigns.
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given: department a 8,000 sq. ft., department b 5,000 sq. ft., and department c 6,000 sq. ft. the percent of overhead expense applied to department c to the nearest whole percent will be:
The percent of overhead expense applied to department c to the nearest whole percent is 32%.
The percent of overhead expense of department C is the proportion or the share of department C;s occupation compared to total.
Total area = department A + department B + department C
= 8,000 + 5,000 + 6,000
= 19,000 square feet
Percent of overhead expense of department C
= area of department C / total area x 100%
= 6000/19,000 x 100% = 32% ( to the nearest whole percent)
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paula works in the services department at a subaru car dealership. paul orders car parts directly from subaru because its parts are created specifically to fit and function properly in its vehicles. which advantage of standardization does this scenario illustrate? multiple choice standardized products function uniformly all the time, so customers get a product that meets their expectations. customers have more choices available to them. the customer gets exactly what they want. the dealership can charge more for a standardized product than a custom-designed product. customers can mix and match components for a customized design.
The advantage of standardization does this scenario illustrate standardized products function uniformly all the time, so customers get a product that meets their expectations. Thus the correct option is A.
What is standardization?The introduction of norms and compatible processes and equipment within a particular industry is commonly referred to as standardization. It ensures that technologies are consistent, accessible, and safe while reflecting the quality and integrity of those technologies.
Standardized products always perform consistently, customers receive a product that lives up to their expectations, which contributes to higher customer satisfaction.
Therefore, option A is appropriate.
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product x: revenue $15.00 variable cost $2.50 product y: revenue $25.00 variable cost $10.00 total fixed costs $50,000 what is the operating income, assuming actual sales total 150,000 units, and the sales mix is two units of product x and one unit of product y?
Operating income is $1,950,000 if actual sales total 150,000 units, and the sales mix is two units of product x and one unit of product y.
Since the sales mix is 2 to 1 for X and Y respectively, product X has 2/3 of the sales and product Y has 1/3 of the sales.
Product X Product Y Total
Sales units 100,000 50,000 150,000
Revenue $1,500,000 $1,250,000 $2,750,000
Var. costs $250,000 $500,000 $750,000
Fixed costs= $50,000
Operating income = Revenue-Fixed costs-Var. costs
Operating income = $2,750,000- $50,000 - $750,000
Operating income = $1,950,000
When a firm manufactures more than one product, its percentage of sales is used to determine units sold based on the sales mix of each product.
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installment credit, in which the debt is repaid in equal installments over a specified period of time, exploded on the american scene with the advent of the:
Instalment credit, in which the debt is repaid in equal instalments over a specified period of time, exploded on the American scene with the advent of the automobiles.
Give a brief account on Instalment credit.A loan that has to be paid back with a predetermined period of time with fixed payments is regarded as an Instalment credit. The monthly payment is impacted by the interest rate, length, as well as fees of the loan.
Mortgages, auto loans, and personal loans are examples of common instalment loan kinds.
The time it takes to pay off an instalment loan might range from months to years. Depending on whether the interest rate is fixed or variable, it may increase or decrease in the future. In case of instalment loans some sort of additional expenses such as origination or late fees, may be possible.
One of the most important strategies to establish and enhance your credit is by making timely instalment loan payments.
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Part 2 Directions
Reflect on what you see in your social media feeds and on other websites you visit. What kinds of posts,
articles, links, ads, etc., do you see that might be inside your filter bubble? Write them above the green
arrows. Then, think about steps you could take to burst your filter bubble, and write them below the red
arrows. What sites, people, opinions, etc., could you seek out? What other steps could you take?
What topics, opinions, people, websites, and experiences are inside your filter bubble?
Answer:
Explanation:
Reflect on what you see in your social media feeds and on other websites you visit. What kinds of posts,
articles, links, ads, etc., do you see that might be inside your filter bubble?
================================
I spend time doing Internet searches on 4 topics:
1) News updates on Ukraine, Jan 6th Committee, and local news
2) Travel information for leisure trips around the world and local
3) Science and Techology for presentations on current topics to the community
4) Search for movie and restaurant reviews
-----
This has led to many ads and articles that generally praise the destinations for tarvel, dining, and entertainment. I've also noticed a large increase in fake technology claims. Medications that cure anything. Energy-saving heating and cooling systems that seem to defy physics laws, and special offers from countries I've explored online. One time I got an email concerning an article that was just published that analyzed the impact on climate change on governments around the world, It predicted major conflicts between certain countries in the near future. Although I normally would have skipped reading this level of hype, the article was filled with references to news media and scientific journals, I began to explore deeper by going to the references. What I discovered was that the predictions for many of the events came from organizations that got funding from affected parties. A claim that Alaska had experienced it's worst flooding ever came from a small-town newspaper commenting on a nearby creek. Most of the refences were suspect, so I looked closer at the author. I discovered he was a writer who sold his work to magazines and nespapers. His list of authoritative articles ranged from global climate change, women's health issues, stock market fundamentals, accounting practices, . . . . you name it. He wrote whatever it took to get paid.
My filter bubble was feeding me biased information that usually had a monetary connection. It requires honest evaluation and careful research to avoid these misleading items.
============
Then, think about steps you could take to burst your filter bubble, and write them below the red
arrows.
-----------------------------
The steps I take to avoid misinformation is to fact-check where I can, and use judgement as to the honesty of the item. I use Scopes to check online for evidence of fake news. I also rely on referred journals for technical information.
=================
What sites, people, opinions, etc., could you seek out? What other steps could you take?
----------------------
Use public television and radio, referried journals, notable news media source such as Washington Post, and visit blogs where others are discussing the topic. Odd user names signal suspicious sources of information, as does bad grammer (e.g., I past minister finance and I got big sum money I like give you).
===============
What topics, opinions, people, websites, and experiences are inside your filter bubble?
----------------
Topics: science and technology, digital graphic arts, travel.
Opinions: Washington Post, PBS. Boston Globe, Time Magazine
People: Wife, co-workers, respected authors (e.g., Bill Bryson, Sam Kean) and scientists. I use ACS (American Chemical Society) and various other Physics and Math websites hosted by universities or technical organizations.
Experiences: I've lived through Y2K, cold fusion, weapons of mass destruction, and numerous claims of innocence from politicians.
Upscale retailers, such as Saks Fifth Avenue, feature customer service as their significant point of difference and use that difference to
compete with less expensive stores. This is known as
Multiple Choice
target costing.
nonprice competition.
upscale marketing.
exclusive distribution
Given that the upscale retailers are more concerned with the customer service as the way of competition, this is regarded as exclusive distribution
What is exclusive distribution?
The term exclusive distribution can be defined as the level of product that can be said to be available that has the power of being able to limit the outlets that the consumers of a product would have.
This is what would make it able for them to be able to find the product that they need. This is also going to help to preserve the product as well as help in the preservation of the image of the brand.
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sanjeep takes out a $250,000 mortgage and makes monthly payments. the yearly interest rate on the loan is 5% and the loan is compounded monthly for 25 years. calculate the total amount of interest that sanjeep will pay. give your answer in dollars to the nearest dollar. do not include commas or the dollar sign in your answer.
Compound interest is computed as interest on the initial principal plus any accrued interest from prior periods.
Where should I begin while compounding interest?Savings instruments like CDs and savings accounts are the best choice if you're a beginner investor and want to start benefiting from compound interest as soon as possible with the least amount of risk feasible. Bank-issued CDs are financial products that have a minimal deposit requirement and pay interest on a recurring basis.
With an example, what is compound interest?Defining compound interest
For instance, if you deposit $1,000 in an account that offers 1% yearly interest, after a year you would have received $10 in interest. Compound interest allowed you to earn 1 percent on $1,010 in Year Two, which amounted to $10.10 in interest payments for the year.
P= $250,000
R= 5% = [tex]\frac{5}{100}[/tex]
N= 12
T= 25 years
A= P [tex]1+(\frac{r}{n})^{nt}[/tex]
= 25000 [tex](1+\frac{0.05}{12})^{12*25}[/tex]
= 25000 [tex](1.00416)^{300}[/tex]
= 87032.26
Hence the total amount is 87032.26
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the workers in herzberg's studies found which three factors of the job environment were not motivators for them? sense of achievement job security friendly supervisors pay earned recognition
Success, recognition and responsibility are motivational factors. Salary and safety belong to the Hygiene factors category. Both motivational and hygiene factors are part of Herzberg's two-factor theory.
The hygiene factor refers to the features associated with occupational accidents. People will not be satisfied or dissatisfied after the problems have been properly resolved. Then you need to focus on the factors that lead to success, satisfaction, such as achievement, recognition and responsibility, if you want to inspire your team. "Hygienic factors" are what Herzberg believed to be the main causes of unhappiness. Get rid of them Determinants of satisfaction Factors influencing dissatisfaction with results Recognition of the project itself Responsibility Progress Growth Company practices Supervision Relationship with supervisor and peers Situation at work Achievements Salary status Security Herzberg argues that the elements that contribute to job happiness are "distinct and distinct from those , which contribute to job dissatisfaction.” So while trying to eliminate unsatisfactory working conditions may bring peace of mind, performance may not necessarily improve.
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if assets are $100 million, liabilities are $30 million, and shareholders' equity is $70 million, what is the net book value (net worth) of the company?
70 million is the answer .
How is net worth of a company calculated?
Knowing a company's market worth is one thing, but by itself, it could not provide a whole picture of the company's value. This is particularly true for sectors that need substantial expenditures in property, machinery, and other expensive or valuable assets. In light of this, it's crucial to comprehend how to determine the net value of those assets. The process for determining a company's net value is actually rather simple:
Net worth is the sum of all assets less all liabilities.
The method used to determine one's personal net worth is the same as this one, which is also known as "shareholders' equity." This straightforward method effectively determines what would remain when a firm is liquidated and sold and how much of it would be distributed to each stakeholder.
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a building was purchased for $69,500. the asset has an expected service life of eight years and depreciation expense each year is $5,000 using the straight-line method. what is the residual value of the building?
$29,500 is the residual value of the building. The estimated value of a fixed asset at the conclusion of its useful life or lease term is known as the residual value, sometimes known as salvage value.
How to calculate residual value ?
The estimated value of a fixed asset at the conclusion of its useful life or lease term is known as the residual value, sometimes known as salvage value.
Contractually, residual values are handled either through closed contracts or through open contracts. Remaining value of an asset after it has fully depreciated or after it has deteriorated beyond repair is known as residual value in accounting.
The market worth of the vehicle for the term and the needed miles serve as the starting point for the calculation of residual values, which is then followed by seasonality, monthly adjustment, lifetime, and disposal performance. In order to set the end value as the residual value, the leasing firm will utilise its own historical data to integrate the adjustment variables into the computation.
Calculate the residual value of the building
let the residual value be p :
5,000 = 69,500 - p)/8
40,000 = 69,500 - p
p = 69,500 - 40,000 = $29,500
Residual value of the building is $29,500
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a system of shared beliefs and values that develops within an organization and guides the behavior of its members is called organizational . multiple choice question.
The definition of organizational culture pertains to the structure, values, sociology, and psychology of an organization, such as a business or non-profit.
What does "organizational culture" mean?The general definition of organizational culture is all of a company's beliefs, values, and attitudes, and how these affect how its people behave.Clan culture, adhocracy culture, market culture, and hierarchical culture were the 4 forms of culture they recognized. The Organizational Culture Assessment Instrument (OCAI) can be used to quickly and strategically examine the culture of your company and create an atmosphere that will support the success of your team.What the company stands for and what it believes in defines a wonderful corporate culture. Employers must provide employees strong feedback on their efforts and give them a sense of belonging to something greater and better. An employee who works in a positive atmosphere becomes an advocate.Philosophy, beliefs, expectations, and experiences are a few examples of organizational culture.To Learn more about organizational culture refer to :
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television commercials for halo laundry detergent are aired several times a day, on various cable networks, throughout the year. advertisers of halo believe that this will serve as a constant reminder of the brand to the consumers. media planners of halo are likely to be using a(n) scheduling method.
Media planners of halo are likely to be using a continuity scheduling method.
What is continuity marketing?A way of offering consumers products or services that focuses on direct marketing and lasts forever is known as continuity marketing. This relationship, also known as auto-replenishment, lasts until the client notifies the marketer that they no longer want it. The basic idea is that a buyer places an initial order, either online or through a mail order offer. This original product typically has a steep discount and serves as a loss leader. A further shipment will be sent to the customer within the specified time frame. After that, further supplies would keep coming at regular intervals. The marketer will make the decision on the client's behalf based on the customer's prior selections if the customer has not specified the specific product they wish to acquire.
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in which type of marketing channel are multiple segments owned by the parent company? multiple choice question. unified horizontal marketing system corporate vertical marketing system conventional marketing channel independent marketing channel
Marketing channels are owned by the parent company in some segments corporate vertical marketing system.
A parent company, also known as a holding company, is a company that has subsidiaries wholly or partially owned by another company controlled by the parent company.
Like a parent company, a holding company has control over other companies. Unlike parent companies, holding companies do not have their own day-to-day operations and exist solely to own or hold subsidiaries.
In the corporate world, a subsidiary is a company that belongs to another company, usually called a parent company or holding company. The parent company retains control of the subsidiary. That is, the parent company owns or controls more than half of its shares.
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if for some reason americans desired to increase their purchases of foreign assets, then other things the same a. the real exchange rate would fall and the quantity of dollars exchanged in the market for foreign currency would rise. b. the real exchange rate would rise and the quantity of dollars exchanged in the market for foreign currency would fall. c. both the real exchange rate and the quantity of dollars exchanged in the market for foreign currency would fall. d. both the real exchange rate and the quantity of dollars exchanged in the market for foreign currency would rise.
If for some reason Americans desired to increase their purchases of foreign assets, then other things the same d. the real exchange rate would fall and the quantity of dollars exchanged in the market for foreign-currency would rise.
What is exchange rate?The rate at which one currency will be exchanged for another is known as the exchange rate.The majority of exchange rates are characterized as floating and fluctuate in response to market supply and demand.Some exchange rates are set or linked to the value of the currency of a particular nation.Exchange rate fluctuations have an impact on businesses by altering the cost of supplies imported from other nations and the demand for their goods among clients abroad.To learn more about exchange rate visit:
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on january 15, nifty company sells merchandise on account to martinez associates for $5,000 with terms 3/10, n/30. on january 20, martinez returns merchandise worth $1,000 to nifty. on january 24, payment is received from martinez for the balance due. what is the amount of cash received assuming the discount is taken?
Nifty had received a $2,000 debt from Martinez. The $400 in goods was then returned to Nifty after 5 days. Martinez currently owes $1,600.
What is return?
The money gained or lost on an investment over time is referred to as a come back, also known as a financial return.
The nominal change in the dollar value of a investment placed above a white time can be used to express a return. The ratio of financial gain to investment can be used to calculate a return as a percentage. Returns can also be shown as net results (after costs, taxes, and inflation) or as gross returns, which only take the price change into account. Even a 401(k) investment is part of it. A exact meaning of return seems to be situational and dependent just on financial data input used to measure it, as prudent investors are aware.
When payment is made on the 24th, which falls within the 10-day discount period, Martinez is entitled to take 3% of the debt, which works out to $48 ($1,600 x 0.03).
Martinez pays $1,600 and receives $48 in cash, for a total of $1,552.
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jean is an employee of fast pizza, a pizza delivery business. while driving to deliver a pizza for fast pizza, jean accidentally hits another car. the driver of the other car, named angela, files a lawsuit against fast pizza to recover the damage to her vehicle. this is an example of:
The above situation is an example of vicarious liability.
A supervisory party (like an employer) may be held liable for the wrongdoing of a junior or associate (like an employee) if there is a direct connection between the two. This is known as vicarious liability. This idea might be relevant in an incident involving a person delivering food. One of the responsibilities they have to their job is driving. Employers may be held vicariously accountable for accidents that happen while executing work-related responsibilities. Hence, Angela can file a lawsuit against Fast Pizza company to recover the damage costs for her car.
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Dave receives a salary of $200 a week plus a commission of 10% of his weekly sales. an equation y = m x b represents dave’s weekly earnings. the y-intercept is dave’s base salary. the slope of the line is his commission. write an equation representing dave’s weekly earnings. a. y = negative 0.1 x minus 200 b. y = 0.1 x minus 200 c. y = negative 0.1 x 200 d. y = 0.1 x 200
Weekly earnings, y = 0.1x + 200,
Slope = 0.1,
y-intercept = 200
Step-by-step explanation:
Given,
The original salary = $ 200,
Commission percentage on the sale = 10%,
If Dave sold x units,
Thus, the amount of commission for x units sale = 10% of x,= 0.1x
Then, the total earnings = commission for x units + original salary
⇒ y = 0.1x + 200,
∵ the slope of the line y = MX + c is m,
So, the slope = 0.1,
For y-intercept, x = 0,
⇒ y = 200
Thus, the y-intercept is 200.
Price, moreover known as earnings commission, is a fee given to personnel based on the profits they make. Create invoices without spending a dime with SumUp Invoices. The charge is often calculated as a percentage of the fee of a sale.
A income commission is the number of coins that a person gets based on their work. It typically pertains to an income function wherein the character earns a percentage of every sale they make. At times, they may earn this extra money further than their normal income or wages.
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as a member of a team of subject matter experts in the management of engineering projects, you need to organize discussions in a way that facilitates participation by all the experts. which team decision-making approach will be best in ensuring input from the team experts?
Delphi group technique is the best team decision-making approach for ensuring input from team experts.
Who is subject matter experts?Subject matter experts provide highly specialized knowledge about a specific area, practice, process, technical method, or piece of equipment to companies or clients. Others seek them out to solve specific problems or meet challenges. If a resource is truly an expert in their field, their greatest value will be found in a few key areas: Better requirement definition. Project priorities are being aligned with industry best practices. Putting user needs at the heart of the design process to influence product delivery and strategy. Clearly, subject matter experts' unique perspectives are critical to success. Opportunities and challenges accompany the high demand for a subject matter expert's knowledge. Being a subject matter expert, on the other hand, is beneficial to your professional development.
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demmert manufacturing incurred the following expenditures during the current fiscal year: annual maintenance on its equipment, $5,500; remodeling of offices, $22,100; rearrangement of the shipping and receiving area resulting in an increase in productivity, $35,100; addition of a security system to the manufacturing facility, $25,100. how should demmert account for each of these expenditures?
During a specific accounting period, a corporation keeps track of its daily spending in expense accounts.
These accounts are formed for each new period after existing for a predetermined amount of time, such as a month, quarter, or year.
The account for each of the expenditures will be as follows -
Annual maintenance on its equipment = $5,500 - Expensed ( This is a normal maintenance bill on equipment and can be entirely expensed in the year it occurs.)
Remodelling of offices = $22,100 - Capitalised and depreciated - ( This is a part of the transformation process and should be capitalised and depreciated accordingly.)
Rearrangement of the shipping and receiving area = $35,100 - Capitalised and depreciated (Since this is a rearrangement, it will increase efficiency, it should be capitalised and depreciated.)
Addition of a security system = $25,100 - Capitalised and depreciated ( Since this is an addition of an asset, it should be capitalised and depreciated.)
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a low cost strategy leads to higher profits by group of answer choices offering the customer products with more features. adding unique features to products. charging a higher price than competitors. the cost savings that firms achieve.
Due to the cost savings that businesses realize, low cost strategies result in better profitability. Hence the appropriate choice of option would be option (d).
Give a brief account on Cost Of Production (COP).All expenses a company incurred while producing a good or providing a service is regarded as cost of production (COP).
When a company adjusts production levels in response to predicted profits or losses, long-term costs mount. The costs of providing a good or service are determined by a variety of factors, including labor, land, and goods, and do not include any fixed manufacturing costs. When a company produces the most products at the lowest cost and with the biggest volume, a long-term cost is sustainably sustained. These expenses are impacted by a variety of factors, including firm growth or contraction, adjustments to the volume of production, and market exit or entry.
Real-time cost monitoring is possible during the production process. Only revenue and variable expenses have an effect on these costs. With variable costs and the production rate, short-run costs rise and fall. One of the finest methods to achieve excellent long-run costs and a company's overall goals is by managing short-term expenses.
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as a result of a global pandemic, the u.s. government institutes a federally funded program to provide payments to small and medium size enterprises that pay their employees during the economic interruption. this is an example of a(n)
When screening (or more stringent policies) were first implemented, the predicted number of COVID-19 cases increased by approximately 1.9 times.
And cases per capita were 7.7 times higher, in particular, with a one standard deviation increase in the globalization index.
What effects would a global pandemic have on the economy?
The International Monetary Fund (IMF) estimates that the COVID-19 pandemic has had a significant impact on the global economy. Between 2019 and 2020, the median global GDP is expected to decrease by 3.9%, making it the worst economic downturn since the Great Depression.
Which parts of the economy are being affected by this pandemic?
The COVID-19 pandemic is affecting public health and causing economies and labor markets to be disrupted like never before, including for forest industry workers and businesses. It has made the problems that already exist worse, and as a result, many businesses and employees have suffered.
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