Answer:
5 Points]
PREVIOUS ANSWERS BRECMBC9 4.11.004.
ou are looking for a bank in which to open a checking account for your new part-time business. You estimate that in the first year, you will be writing 30
ransactions per month. Your average daily balance is estimated to be $900 for the first six months and $2,400 for the next six months.
Use the following information to solve the problem.
DETAILS
Bank
Bank 1
Bank 2
Bank 3
Bank 4
Bank 1
Bank 2
Bank 3
$
Bank 4 $
Monthly Fees and Conditions
$16.00 with $1,000 min. daily balance
-or-
$25.00 under $1,000 min. daily balance
$
$4.50 plus $0.30 per check over 10 checks monthly
$1.00 per debit transaction
$5 plus $0.25 per check
$2.00 per debit transaction
(a) Calculate the cost (in $) of doing business with each bank for a year.
$
$8 plus $0.15 per check
$1.50 per debit transaction
(b) Which bank should you choose for your checking account?
MY NOTES
ASK
How has technology such as the internet changed the marketplace?
Answer:
The internet has had a profound impact of the market place in many ways. One of the most prominate reasons probably, is the fact that you can buy or sell goods on the internet.
In addition, you can also advertise your goods on the internet. Before the internet, advertisements where mostly word of mouth, or by paper. An advertisment can reach millions of people within minuetes. Bringing in costumers, therefore brining in profit.
Explanation:
Which of the following statements accurately describes the Morph transition?
O It can only affect the size and shape of an object.
It can only change one attribute of an object.
It can be used to merge shapes, text, and WordArt
It requires just one slide..
Answer:
I think it is, It requires just one Slide to the next 100%
Explanation:
The Morph transition means that it allows you to animate smooth movement from one slide to the next.
This is right
Answer:
B, C, D
Explanation: right on edge22
Sam Smith is currently employed as a mechanical engineer and is paid $65,000
per year plus benefits thatare equal to 30% of his salary. Sam wants to begin a
consulting firm and decides to leave his current job. After his first year in
business, Sam's accountant informed him that he had made $45,000 with his
consulting business. Sam also notices that he paid $6,000 for a health
insurance policy, which was his total benefit during his first year. What was
Sam's opportunity cost?
What was Sam's opportunity cost?
Sam gave up $65,000 in salary plus $19,500 in benefits or a total of $84,500.
The concept in the back of opportunity value is that the fee of 1 object is the misplaced possibility to do or eat something else; in quick, opportunity cost is the price of the following fine alternative. benefits foregone by using no longer choosing an alternative direction of motion.
Opportunity cost is the cost of the following satisfactory element you surrender whenever you decide. it's miles the lack of capacity gained from other options when one opportunity is chosen. The concept of an opportunity price became first started by John Stuart Mill. possibility price is the difference in the advantage of a preference you are forgoing compared to the advantage of the choice you're making. you may recognize opportunity fee as an estimation of the way much regret you'll sense for making one desire over every other.
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What can cause the market demand curve for day old bread and inferior hood to shift rightward an increase in demand
A decline in income is one factor that can lead the market demand curve for day-old bread to move to the right.
What might cause a demand curve to shift to the right?If the determinant raises demand, the curve moves to the right. This indicates that even while the price remains the same, there is a greater demand for the commodity or service. The incomes of consumers will increase as the economy is flourishing. Despite the fact that prices haven't increased, people will purchase more of everything.
When income increases the demand curve for an inferior good?As income rises or the economy gets better, the demand for subpar products declines in economics. Consumers will be more inclined to spend money on pricey alternatives if this occurs. Quality or a change in a consumer's socioeconomic level may be a few factors causing this transition.
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Sharp Company manufactures a product for which the following standards have been set:
Standard Quantity of Hours Standard Price or Rate Standard Cost
Direct materials 3 feet $ 11 per foot $ 33
Direct labor ? hours ? per hour ?
During March, the company purchased direct materials at a cost of $111,300, all of which were used in the production of 3,200 units of product. In addition, 4,900 direct labor-hours were worked on the product during the month. The cost of this labor time was $95,550. The following variances have been computed for the month:
Materials quantity variance $ 4,400 U
Labor spending variance $ 450 F
Labor efficiency variance $ 2,000 U
Required:
1. For direct materials:
a. Compute the actual cost per foot of materials for March.
b. Compute the price variance and the spending variance.
2. For direct labor:
a. Compute the standard direct labor rate per hour.
b. Compute the standard hours allowed for the month’s production.
c. Compute the standard hours allowed per unit of product.
The actual cost per foot of materials for March is $11.13
The standard hours allowed for the month’s production is $1,300 U
The standard hours allowed per unit of product is 4,796 hours
What is material quantity variance?
Material quantity variance can be determined as the difference between actual quantity and standard quantity multiplied by the standard price of material
Material quantity variance = (Standard quantity - Actual quantity) * Standard rate
material quantity variance=-$4,400
standard quantity for 3,200=3200*3 feet=9,600
actual quantity=x
standard rate=$11 per foot
-$4,400=(9600-x)*$11
-$4,400/$11=9600-x
-400=9600-x
x=9600+400
x=actual quantity=10,000
actual cost per foot of materials for March=$111,300/10,000
actual cost per foot of materials for March=$11.13
Direct material price variance = (Standard price - Actual price) * Actual quantity
Direct material price variance = ($11-$11.13)*10000
Direct material price variance = -$0.13*10,000
Direct material price variance =$1,300 U
Direct material spending variance = (Units produced * Standard cost) - Total cost of direct materials
Direct material spending variance = (3,200*33)-$111,300
Direct material spending variance =$105,600-$111,300
Direct material spending variance =$5,700U
Labor rate variance = Labor spending variance - Labor efficiency variance
Labor rate variance =$450-$2000
Labor rate variance =$1,550U
Labor rate variance = (Standard labor hour rate - Actual labor hour rate) * Actual hours worked or
-$1550 = (Standard labor hour rate - $95,550/4900)*4,900
-$1550=(Standard labor hour rate-$19.50)*4900
-$1550/4900=Standard labor hour rate-$19.50
Standard labor hour rate=$19.50-($1550/4900)
Standard labor hour rate =$19.18
Labor efficiency variance = (Standard hours allowed for actual production - Actual hours worked) * Standard hourly rate
-$2000 = (Standard hours allowed for actual production-4900)*$19.18
-$2000/$19.18=Standard hours allowed for actual production-4900
-104=Standard hours allowed for actual production-4900
Standard hours allowed for actual production=-104+4900
Standard hours allowed for actual production=4796 hours
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The amount of money you're paid, after all taxes and deductions are taken out of your paycheck is called ________.
Answer:
The amount of money you're paid, after all taxes and deductions are taken out of your paycheck is called net income.
Explanation:
Hope this helps :)
What situation best illustrates an example of an opportunity cost
are there any examples to choose from?
Explanation:
one that may work as an example is when you take one path but miss out an opportunity from another path. I choose to go to school in my state because of a scholarship but that made me miss out on the opportunity of being more independent even though I'll be debt free from a cheaper and closer college.
In the graduate program at Herringbone University, students are allowed only one missed class per semester or they face academic discipline. Three female students have approached you as the diversity and ethics officer with a concern about the policy They explain that they all have young children (as do many students in the program), and getting childcare during class times is difficult because some of the classes don't end until 8:00 in the evening. They feel the policy is unfair, especially since the university doesn't offer any support. leniency in policy, or childcare options. In addition, the location of the university (an upper middle class neighborhood where most children have at least one parent at home) is not where most students live (a neighborhood where most children have two working parents or a single working parent)
As a Diversity and Ethics Officer I would respond to the issue by raising a request for a day/evening care for children (free or at a lowest possible rate) and starting a bus route.
What is University?A university is a place to study where the students study after their high school. Studying at university gives them a Bachelor's degree.
The concerns of the students are true and I am responsible to respond them and their issues. The issue of child care can be raised to start a day/ evening care at the university where the students can study without caring for their child.
Also the traveling issue can be resolved by starting a bus route by the university itself or alternatively the local authorities can be asked to start a bus route that will enable the students to travel to and from university.
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Explain what is meant by the saying that consumers "vote" with their dollars every time they buy products in the marketplace
What is meant by means of pronouncing that consumers "vote" with their greenbacks every time they purchase merchandise inside the marketplace when purchasers purchase something, they send a message to companies regarding their shopping for preferences, helping to direct use resources
The definition of a consumer is a person that buys goods and services. An instance of the customer is someone who purchases a brand new tv. A heterotrophic organism feeds on different organisms in a meal chain.
The consumer is the only one who's the end-person of any items or offerings. Any person, aside from the consumer who buys the product or offerings, and consumes the product via taking his/her permission is categorized as a customer.
Consumers represent the top trophic stages. not like producers, they can't make their personal food. To get electricity, they eat vegetation or different animals, even as some devour each. Scientists distinguish between numerous forms of customers. primary clients make up the second one trophic degree.
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While shopping for prom dresses, Madison bought the second dress she tried on. As soon as she put on the dress, she immediately thought that it "just felt
Which evaluative criteria choice did Madison use when choosing her dress?
Answer:
It just felt right
Explanation:
True or false Five out of seven members of the Board of Cosmetology must have been licensed cosmetologists for at least five years.
Five members of the board must hold valid cosmetology licenses and shall have been working as cosmetologists for at least five years in this state. This statement is TRUE.
A seven-member Board of Cosmetology is established inside the department. Its members will be selected by the governor and confirmed by the Senate, and its job will be to carry out the terms of this act.The rest of the unexpired terms on the board may be filled by the Governor at any time.Each appointee must take the constitutional oath of office and submit it to the Department of State before beginning their duties as board members.The board will choose a chair and vice chair from among its members in the month of January.The board will hold as many meetings as it considers necessary throughout the year, one of which will be the annual meeting.To know more about Cosmetology refer:
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Challenges in managing human resources have evolved due to changing demographics affecting the workforce. Describe how demographic changes such as diversity, the aging population, worker expectations, ethics, and social responsibility affect the management of human resources.
Answer:
what I'm confused
Explanation:
i don't know
True or false
Safety glasses are only required in glass plant
Answer: yes
Explanation:
Answer:
false
Explanation:
saftey glasses should be used everywhere
Which of the following are factors
that can help determine where an
organisation will locate its facilities?
Choose three.
Community factors
Proximity to customers
Individual factors
Answer instructions
Proximity to sources of supply
Proximity to cities
Proximity to cafés and shops
Factors that can assist determine in which an organization will find its facilities: our proximity to the market, weather, and way of life.
The definition of an organization refers back to the act of setting matters into a logical order or the act of taking a green and orderly technique to duties, or a group of people who've officially come collectively. when you smooth up your desk and file all your papers into logical spots, that is an instance of the enterprise.
Definition of organization: the act or system of organizing or of being organized the enterprise of his cloth right into a speech. b: the circumstance or way of being organized in a group with an excessive diploma of the agency. 2a: affiliation, society charitable companies.
3 styles of businesses describe the organizational systems which are used by maximum companies these days: functional, departmental, and matrix. every of those bureaucracy has benefits and drawbacks that owners must not forget earlier than determining which one to put in force for their commercial enterprise.
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Consider two countries: Country A can produce six automobiles or twelve
movies with the same amount of resources. Country B can produce five
automobiles or eight movies with the same amount of resources. Using
Ricardo’s Theory of Comparative Advantage, determine which country will
produce automobiles, which will produce movies, and the range of relative
prices for these products within which these countries trade.
Because the opportunity cost of creating a car in Country B is cheaper than the potential cost of generating movies in Country A, Country A would make movies while Country B would produce autos.
What is the justification for the above?According to the idea of comparative advantage, countries should manufacture and trade only goods in which they have a comparative advantage, i.e. commodities in which they can specialize.
To determine a country's comparative advantage, first compute the opportunity cost of making movies and vehicles in each.
Country A:
The Opportunity cost of producing 1 automobile = 2 moviesOpportunity cost of producing 1 movie = 1/2 automobileCountry B:
Opportunity cost of producing 1 automobile = 8/5 moviesOpportunity cost of producing 1 movie= 5/8 automobiles.Thus, it is right to state that because the opportunity cost of creating a car in Country B is cheaper than the potential cost of generating movies in Country A, Country A would make movies while Country B would produce autos.
What is Richard's Theory of Comparative Advantage?According to Ricardo's widely regarded comparative advantage theory, states can obtain an international trade advantage by focusing on manufacturing items with the lowest opportunity costs when compared to other nations.
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the balances are incorrect.
Check
Number
1205
PLEASE BE SURE TO DEDUCT ANY BANK CHARGES THAT APPLY TO YOUR ACCOUNT.
Amount of
payment or
withdrawal (-)
Amount of
Deposit or
interest (+)
Date
4/7
4/14
4/16
4/17
4/21
Description of Transaction
To: Deposit
For:
To: Maris's Market Debit Card
For:
To: ATM Withdrawal
For:
To: Bargain Properties
For:
To: Electronic Payroll Deposit
For:
47 65
135 00
570 00
✓
766 50
1.350 00
Balance Forward
Bal. 1.245 10
Bal.
478 30
Bal.
1.197 45
Bal. 1.097 45
182 45
Bal. 1.532 45
You instruct your trainees to find and correct the errors in the balances. If your trainees do so, what should the corrected final balance be (in $3?
Answer:
the balances are incorrect.
Check
Number
1205
PLEASE BE SURE TO DEDUCT ANY BANK CHARGES THAT APPLY TO YOUR ACCOUNT.
Amount of
payment or
withdrawal (-)
Amount of
Deposit or
interest (+)
Date
4/7
4/14
4/16
4/17
4/21
Description of Transaction
To: Deposit
For:
To: Maris's Market Debit Card
For:
To: ATM Withdrawal
For:
To: Bargain Properties
For:
To: Electronic Payroll Deposit
For:
47 65
135 00
570 00
✓
766 50
1.350 00
Balance Forward
Bal. 1.245 10
Bal.
478 30
Bal.
1.197 45
Bal. 1.097 45
182 45
Bal. 1.532 45
You instruct your trainees to find and correct the errors in the balances. If your trainees do so, what should the corrected final balance be (in $3?
Imagine yourself married with a spouse and two children. You and your spouse both work 08:00 to 17:00 every day, your kids go to school and you have a good normal life. Write an essay of 400 words wherein you explain and outline your monthly and yearly family budget. Make sure to detail the amounts you spend, the items you spend money on, how much you need for holidays in a year on top of the normal expenditures (house, car, etc) and particularly how you and your spouse share the responsibility equally.
To write a essay in which you explain and describe your monthly and annual family budget considering that you are married to a spouse and have two children, it is essential to analyze what the priorities are between that family's income and expenses.
What is personal budget?It corresponds to a technique where the objective is to assist in the allocation of financial resources effectively for each individual's need, through the listing of expenses to identify and understand the expenses in each category, providing subsidies for better decision-making in relation to the finance.
Therefore, a family with two children would probably have essential expenses such as food, house maintenance, children's education and fuel for the vehicle, for example, with the personal budget being a method of better visualization and control of expenses, for organizing long-term goals. for example, how to save for your kids' college.
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Please help :(
Economics principles and practices
Chapter 3
Are megamergers harmful
Analyzing the issue questions
xoxoxox
Economics: standards & Practices is the simplest application with full coverage of the new economic system and the impact of the virtual revolution.
Economics is the look at shortage and its implications for the usage of sources, production of goods and services, an increase of production and welfare through the years, and a remarkable form of other complicated problems of vital concern to society.
Economics is the social technology that studies the production, distribution, and intake of products and services. Economics focuses on the behavior and interactions of economic retailers and how economies work.
Economics, at its very coronary heart, is the examination of people. It seeks to explain what drives human behaviour, choices, and reactions whilst faced with difficulties or successes. Economics is a subject that combines politics, sociology, psychology, and history.
Economics seeks to solve the problem of shortage, that is whilst human wants for goods and offerings exceed the to-be-had supply. A cutting-edge financial system displays a department of labor, wherein human beings earn profits by way of specializing in what they produce after which use that profits to purchase the goods they want or want.
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Select the correct answer from each drop-down menu.
How will you Identify a file type on your computer?
A file type is the standard used to
and information in a computer. All file types have unique
determine which program to use to open a particular file and to access its data.
Nepal is multi media is co on of this
What can a defendant do to pause the plaintiff from executing on a judgement?
Answer: Three Ways to Stop a Creditor from Filing for a Judgement against...
Arrange a Repayment Plan. One option you have for stopping a judgement against you is to speak to the creditor before they file any court documents. ...
Dispute the Debt. ...
File for Bankruptcy.
Explanation:
ASAP Please
Shelly purchased a $50,000 nonparticipating whole life insurance policy. The annual premium was $1,278. The cash value of the policy after 10 years will be $13,740. Assuming 5 percent interest, what is the surrender cost of this policy, per thousand per year, over the first 10 years the policy is in force?
The Per a thousand surrender cost is $4.75 over the first 10 years the policy is in force in a nonparticipating whole life insurance policy by Shelly.
What does the surrender cost?
The surrender cost means the price that is being lived on the customer, this is because the policyholder is canceling their policy.
Annual Premium = $1278
Cash Value = $13,740
Interest rate = 1.3127%
The future value of $1 deposited at the start of the year at 5% is $13.207
Let the future value = $13740
amount to be deposited per annum
= $13740/13.207 = $1040.36
Difference between the premium paid and derived annual payment
= $1278 - $1040.36 = $237.64
The difference per thousand per annum of, 50000 = $ 237.64/50
= $4.7528 or $4.75
Per a thousand surrender cost of the policy = $4.75
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Supreme Videos, Incorporated, produces short musical videos for sale to retail outlets. The company's balance sheet accounts as of
January 1, are given below.
Assets
Current assets: 78000
Cash
Accounts receivable.
Inventories:
Supreme Videos, Incorporated
Balance Sheet
January 1
Raw materials (film, costumes)
Videos in process
Finished videos awaiting sale
Prepaid insurance.
Total current assets
Studio and equipment
Less accumulated depreciation
Total assets
Liabilities and Stockholders' Equity
Accounts payable
Capital stock
Retained earnings
Total liabilities and stockholders' equity
$ 45,000
23,000
96,000
760,000
225,000
$ 504,000
285,000
$ 78,000
117,000
164,000
12,000
371,000
535,000
$ 906,000
$ 117,000
789,000
$ 906,000
Because the videos differ in length and in complexity of production, the company uses a job-order costing system to determine the
cost of each video produced. Studio (manufacturing) overhead is charged to videos on the basis of camera-hours of activity. The
company's predetermined overhead rate for the year is based on a cost formula that estimated $270,000 in manufacturing overhead
for an estimated allocation base of 6,000 camera-hours. The following transactions occurred during the year:
Manufacturing balance sheet is applied to production based on a pre-determined overhead rate which is calculated as follows:
Pre-determined overhead rate = Estimated total manufacturing overhead /Estimated allocation base
Given: Estimated manufacturing overhead = $270,000
Estimated allocation base (Estimated camera-hours) = 6,000
Pre-determined overhead rate = $270,000/6,000 = $45 per camera hour
Based on 7,800 actual camera hours,manufacturing overhead applied would be : $45 * 7,800 = $351,000
If the balance sheet amount of manufacturing overhead applied ($351,000), exceeds the amount of actual manufacturing overhead costs incurred ($335,625), the manufacturing overhead account will have a credit balance. This credit is described as overapplied overhead.
Thus, studio(manufacturing) overhead is overapplied by $15,375
The entry to close overapplied overhead to cost of goods sold is as follows:
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Drill Problem 8-9 (Static) [LU 8-2 (3)]
What is the selling price of a complete set of pots and pans at Walmart? Assume actual cost is $66.50 and 40% markup on
selling price. (Round your answer to the nearest cent.)
The selling price of a complete set of pots and pans at Walmart $ 110.8.
The selling price according to unit method to find the price per unit from the profits announcement, divide sales with the aid of the number of units or amount offered to perceive the charge in keeping with unit
It has to allow a commercial enterprise to pay all of the costs of the product, pay operating charges, and gain earnings. clients depend upon selling prices to evaluate merchandise and to decide how to allocate their money. businesses depend upon selling rates to determine earnings from income and to acquire organizational goals.
We have a selling price = cost + Dollar markup
Here, 40% of the markup
So, let the selling price is X
Then,
S = 66.5 + 0.45
∴ S = 66.5 / 1.04
= $ 110.8
So, the selling price of a complete set is $ 110.83.
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Number of Workers
10
20
30
Output (thousands)
3
5
6
What is the marginal cost of increasing production from 5,000 units to 6,000 units?
Fixed Cost ($)
2000
2000
2000
Variable Cost ($)
100
200
300
The marginal cost for increasing production is from 5000 units to 6000 units is $ 0.10. The answer is optin (d).
How to calculate marginal cost?No.of workers output fixed cost variable cost
10 3000 2000 100
20 5000 2000 200
30 6000 2000 300
Firstly Total Cost = Fixed cost + Variable cost
The second and third rows of the aforementioned table indicate an increase in production from 5000 to 6000 units.
With 20 workers in the second row, the output is 5000 units, and the overall expense is $2200.
Total cost = Fixed cost + Variable cost
Total cost = $2000 + $200 = $2200
The Third Row has 30 employees, produces 6000 units, and costs $2300 in total.
Total Cost = $2000 + $300 = $2300
Marginal Cost = Change in total cost / change in output units
Change in Total cost = Third Row total cost - Second Row total cost
= $2300 - $2200
= $100
Change in output units = Third Row output units - Second Row output units
= 6000 units - 5000 units
= 1000 units
100 dollars in overall cost and 1000 units in output are changed..
Marginal cost = Change in total cost / Change in output units
= $100 / 1000 units
= $0.10
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Options for the given question is,
a). $300
b). $0.43
c). $100
d). $0.10
Kassidy's Kabob House has preferred stock outstanding that pays a dividend of $5 at the end of each year. The preferred sells for $50 a share. What is the stock's required rate of return? Assume the market is in equilibrium with the required return equal to the expected return.
Cost of Preferred stock is 10% in this case.
Provided that the preferred stock would sell for $50 per share and that the corporation is required to pay a $5 dividend at the end of each year. As a result, Kassidy's Kabob House must incur a $5 annual cost in order to raise $50.
Because the preferred dividend would be adjusted after the tax cut, the tax rate has no effect on the cost. Cost of Preferred stock is equal to preferred dividend divided by price of preferred stock.
Cost of Preferred stock = 5/50
On solving the above we get, Cost of Preferred stock = 10%
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In every type of economic system there are exchanges between consumers and producers
True or false ?
Answer: true
Explanation: it makes up the economic system
Question 1
Enterprinal quality and explaining how these qualities contributed in a business
Enterprise quality contributed to a business, As entrepreneurs, we tend to continually have a full plate and experience that we will take on any challenge. In fact, if we maintain adding to the already-full plate its miles eventually going to crumble and create a multitude.
As entrepreneurs, we tend to continually have a full plate and experience that we will take on any challenge. In fact, if we maintain adding to the already-full plate its miles eventually going to crumble and create a multitude. do not be afraid to delegate responsibilities to an experienced member of your agency that has the potential to get duties completed.
Right time management is necessary to differentiate between extraordinarily pressing obligations and those which can wait. Use a pocketbook or whiteboard to prioritize your responsibilities via writing them down.
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PLS HELP ASAP WILL MARK BRAINLIEST 100 POINTS ASAP
Submit your 600-word business proposal and plan.
To write a business proposal and business plan, you need to know the following about both forms of writing:
A business plan is meant to showcase the objectives and goals of the business.A business proposal states the prices that are required for a new business deal. What is the difference between a business plan and a proposal?A business plan is a piece of document that is meant to highlight the goals and objectives of a business. It also shows ways to reach those goals. A business proposal, on the other hand, showcases the exact prices that are required to reach some business objectives.
The following pieces of information are meant to be included in a business plan: the structure of the business, the products and services to be offered, strategies to use in accomplishing objectives, and the financial framework te will guide the processes.
When writing a business proposal, include the following: title page, the table of contents, executive summary, the business problems to solve and the solutions to them, the prices for the pre-planned actions and the conclusion of the proposal.
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Which of the following are part of the four required financial statements normally prepared by profit-making
organizations for use by investors, creditors, and other external decision makers?
Annual reports.
Balance sheet.
Quarterly reports.
Statement of stockholders’ equity.
Answer is balance sheet.
The four major financial statements are as follows. They are as follows: (1) balance sheets, (2) income statements, (3) cash flow statements, and (4) shareholder equity statements.
At a given point in time, balance sheets show what a corporation owns and what it owes. Income statements indicate how much money a business made and spent over time. Cash flow statements depict the money that flows between a company and the outer world over time. The final financial statement, known as a "statement of shareholders' equity," depicts changes in the company's shareholders' interests over time.
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If discouraged workers are hired again, are they counted in the labor force?
