item8 item 8 specialty products incorporated, has the following inventory account balances and related manufacturing cost flow information for the month of march: raw materials, march 1 $ 40,000 raw materials, march 31 $ 50,000 work in process, march 1 $ 90,000 work in process, march 31 $ 80,000 finished goods, march 1 $ 136,000 finished goods, march 31 $ 124,000 raw materials purchased ? raw materials used $ 150,000 direct labor incurred ? manufacturing overhead incurred $ 240,000 cost of goods manufactured $ 600,000 cost of goods sold ? direct labor incurred in march is:

Answers

Answer 1

Option A.  Raw Material Purchases = Raw materials used + Ending raw materials - Beginning raw materials

= 75,000 + 25,000 - 20,000  =$80,000

Raw materials are materials or substances used/utilized in the primary production or manufacture of goods.

Commodities that are traded on commodity exchanges/interchage around the world. Firms buy and sell commodities on the factor market because commodities are the factors of production.

Raw materials are used in a wide variety of products and can take many forms. Raw materials are the inputs or supplies that a company needs to manufacture a product.

To learn more about raw materials, here;

https://brainly.com/question/13376768

#SPJ4

Complete question:

SurfsUp Specialty Products has the following inventory account balances and related manufacturing cost flow information for the month of October:

Raw Materials, October 1 $20,000

Raw Materials, October 31 $25,000

Work in Process, October 1 $45,000

Work in Process, October 31 $40,000

Finished Goods, October 1 $68,000

Finished Goods, October 31 $62,000

Raw materials purchased ?

Raw materials used $75,000

Direct labor incurred ?

Manufacturing overhead incurred $120,000

Cost of goods manufactured $300,000

Cost of goods sold ?

Raw materials purchased in October is:

A. $80,000

B. $90,000

C. $5,000

D. $70,000


Related Questions

broker cliff waited 15 days to notify frec of conflicting demands from a seller and buyer. how many more days does broker cliff have left to implement a settlement procedure?

Answers

must be examined to determine the complexity of the situation and the time needed to come to a resolution.

Additionally, any applicable laws or regulations must be taken into consideration, as these may impose specific timelines or requirements for dispute resolution.

The willingness of the parties to negotiate and reach a resolution is another important factor to consider. If both the buyer and seller are open to compromise and willing to work together to find a solution, the process may be completed more quickly than if one or both parties are resistant to negotiation.

In general, it is important to address conflicting demands as quickly as possible in order to avoid further escalation of the situation and potential legal action. Delaying resolution for an extended period of time can also damage relationships with clients and harm a broker's reputation in the industry.

Ultimately, the time frame for implementing a settlement procedure will vary depending on the specifics of the situation. Broker Cliff should work diligently to resolve the conflict in a timely manner while also ensuring that all parties involved are treated fairly and their interests are represented.

learn more about settlement procedure at :

brainly.com/question/28737604

#SPJ4

an increase in the price of strawberries causes strawberry jam producers and consumers to expect that the price of strawberry jam will rise in the future. in the market for strawberry jam, both the equilibrium price and the equilibrium quantity increase. it must be the case that:

Answers

It must be the case that More strawberry jam was consumed than there was available to satisfy demand as there was more demand than supply.

In economics, the relationship between the quantity of a good or service that producers want to sell at different prices and the quantity that consumers want to buy is known as supply and demand. It serves as the primary model for determining prices in economic theory. The interaction of supply and demand in a market determines the price of a good. The final price is known as the equilibrium price and signifies a compromise between the good's producers and customers. When a market is in equilibrium, the amount of a good that producers supply and consumers desire are equal. The market mechanism is the propensity to move towards equilibrium prices, and the resulting equilibrium between supply and demand is referred to as the market equilibrium.

learn more about equilibrium here:

https://brainly.com/question/1342403

#SPJ4

the ending inventory of finished goods has a total cost of $9,100 and consists of 700 units. if the overhead applied to these goods is $3,116, and the overhead rate is 76% of direct labor, how much direct materials cost was incurred in producing these units? multiple choice $5,984. $3,864. $4,100. $1,884. $9,100.

Answers

The direct materials cost incurred in producing these units is $1,884. (Option D)

How do you calculate the direct materials cost?

We need to calculate the amount of overhead applied per unit of finished goods:

Overhead rate = 76% of direct labor

Applied overhead per unit = Overhead rate * Direct labor cost per unit

We know that the overhead applied to the finished goods is $3,116, and the overhead rate is 76% of direct labor. Therefore, we can set up the following equation:

$3,116 = 0.76 * Direct labor cost per unit * 700

Solving for Direct labor cost per unit, we get:

Direct labor cost per unit = $3,116 / (0.76 * 700) = $6.16

Now, we can calculate the amount of overhead applied per unit:

Applied overhead per unit = 0.76 * $6.16 = $4.67

We know that the ending inventory of finished goods has a total cost of $9,100 and consists of 700 units. Therefore, the total direct materials cost for these 700 units can be calculated as:

Total direct materials cost = Total cost - Total overhead - Total direct labor cost

Total overhead = Applied overhead per unit * Number of units = $4.67 * 700 = $3,269

Total direct labor cost = Direct labor cost per unit * Number of units = $6.16 * 700 = $4,312

Total direct materials cost = $9,100 - $3,116 - $4,312 = $1,884

Therefore, the direct materials cost incurred in producing these units is $1,884.

To know more about direct materials cost, visit:

brainly.com/question/15448535

#SPJ4

a company that can outperform other organizations due to its ability to provide its goods and services more efficiently and effectively is said to have a .multiple choice question.learning organizationcompetitive advantagestrategic disadvantagecustomer service perspective

Answers

A competitive advantage is a set of unique capabilities or resources that allows a company to provide better value to customers than its competitors, resulting in a higher market share, increased profitability, or other benefits.

A company that can outperform other organizations due to its ability to provide its goods and services more efficiently and effectively is said to have a competitive advantage.

A competitive advantage is a set of unique capabilities or resources that allows a company to provide better value to customers than its competitors, resulting in a higher market share, increased profitability, or other benefits. It could be achieved through a variety of means such as lower production costs, superior quality, faster delivery, better customer service, or innovative products and services.

A learning organization is a company that continuously improves its performance and adapts to changes in its environment through the learning and development of its employees. It is not directly related to a company's ability to outperform its competitors.

A strategic disadvantage is a condition or circumstance that puts a company at a competitive disadvantage or makes it less likely to succeed in the marketplace.

A customer service perspective is a focus on providing high-quality customer service as a means of building customer loyalty, retention, and satisfaction. While this can be an important component of a company's competitive advantage, it is not the sole factor that determines a company's ability to outperform its competitors.

Learn more about customer service here https://brainly.com/question/28417930

#SPJ4

why is an equity indexed annuity considered to be a fixed annuity?

Answers

An equity indexed annuity is considered to be a fixed annuity because it provides a guaranteed minimum interest rate, just like a traditional fixed annuity.

What's the Benefits of an Eguity Indexed Annuity?

However, an equity indexed annuity also has the potential for additional earnings based on the performance of a specific stock market index, such as the S&P 500.

This combination of a guaranteed minimum interest rate and the potential for additional earnings makes an equity indexed annuity a type of fixed annuity.

Learn More about Eguity Indexed Annuity at https://brainly.com/question/30389851

#SPJ11

average fixed cost increases as the quantity produced increases.T/F

Answers

As production volume rises, average fixed cost rises. False

How does the average variable cost change as production volume rises?

For unit produced, the variable production cost is a fixed sum. Variable costs will increase as production volume and output do. the So, if fewer items are produced, the variable production costs will decrease.

Does the average fixed cost stay the same as output volume grows?

As output rises, fixed cost stays the same. As a result, average fixed costs fall as output levels rise. Overall cost, which by definition includes information on factor pricing and technology, displays the cost the variable inputs used in the manufacturing process.

To know more about average visit:

https://brainly.com/question/17100497

#SPJ4

ne that a university hires a construction company to build a new library. before starting, the project manager outlines the building materials the project needs. they also outline the roles and amount of workers to hire. which key component of project initiation does this scenario conc

Answers

Defining the project requirements is a critical step in project initiation, as it helps ensure that all stakeholders have a clear understanding of what the project aims to achieve.

This scenario describes the process of defining the project requirements, which is a key component of project initiation. Defining the project requirements involves identifying and documenting the project objectives, goals, deliverables, constraints, and other relevant details. In this scenario, the project manager outlines the building materials and the roles and amount of workers needed, which are all part of the project requirements. This information will be used to develop the project plan, budget, and schedule, and to guide the project team throughout the project execution phase. Overall, defining the project requirements is a critical step in project initiation, as it helps ensure that all stakeholders have a clear understanding of what the project aims to achieve and how it will be accomplished.

To know more about project manager :-

brainly.com/question/15404120

#SPJ4

an industrial tool manufacturer relies on a distributor network with the largest online outlet and store network aimed at construction workers. the distributor network is seeking a manufacturer to provide them with private label products. they've decided they will offer only their own product line and not any other brand in this category of industrial tools. now the industrial tool company must decide whether to agree to this proposition or lose this company as a customer. this is an example of which of the competitive forces at play in this industry?

Answers

This scenario is an example of the bargaining power of buyers, one of the competitive forces identified by Michael Porter in his Five Forces Framework.

The decision of the distributor network to sell just its own product line and no other brand in this category of industrial tools offers them tremendous bargaining power with the industrial tool maker. The distributor network is essentially utilizing its market power to impose terms on the producer, putting pressure on the manufacturer to accede to the proposition or risk losing a significant customer.

Because of its size and the fact that it has the largest online outlet and retail network geared at construction workers, the distributor network's bargaining power is likely to be considerable in this scenario.

For such more question on buyers:

https://brainly.com/question/29358129

#SPJ4

Which element of the fraud triangle do companies have the greatest ability to eliminate? A. Motive, B. Rationalization. C. Opportunity D. Intelligence

Answers

The correct option is C. Opportunity element of the fraud triangle do companies have the greatest ability to eliminate.

In step with Albrecht, the fraud triangle states that “people are prompted to devote fraud whilst 3 factors come collectively: (1) some sort of perceived strain, (2) some perceived opportunity, and (three) some manner to rationalize the fraud as now not being inconsistent with one's values.”

The fraud triangle consists of three components: (1) possibility, (2) Incentive, and (three) rationalization. Fraud refers to the deception that is intentional and caused by an employee or enterprise for personal advantage. Donald Cressey is the father of the fraud triangle. when possibility offers itself, the temptation can trump judgment. spoil the fraud triangle by means of getting rid of one of the three factors: motivation, rationalization, or possibility. The enterprise proprietor is maximum on top of things regarding the possible detail.

To learn more about Fraud triangle  visit here:

brainly.com/question/15347384

#SPJ4

summary Research And Insights On Why Millennials And Gen Z Will Drive Small Town Entrepreneurship

Answers

Answer:-Millennials (born 1981-1996) and Gen Z (born 1997-2012) are poised to drive small town entrepreneurship for several reasons:

Digital Savviness: Both generations are highly tech-savvy and comfortable with digital tools and platforms, which can help level the playing field for small town entrepreneurs and give them a more prominent online presence.

Remote Work: The pandemic has shown that remote work is possible and has led many people to re-evaluate their priorities and consider relocating to smaller towns where they can have a better quality of life. This trend could lead to an influx of entrepreneurs in small towns who can run their businesses remotely.

Interest in Entrepreneurship: Millennials and Gen Z are more likely to be interested in entrepreneurship than previous generations. A recent study found that 60% of Gen Z respondents are interested in starting their own businesses, compared to 53% of millennials.

Community-Focused Values: Both generations place a high value on community and social impact, which could drive them to start businesses that serve their local communities and have a positive impact on the environment.

summary:-Millennials and Gen Z are poised to drive small town entrepreneurship due to their digital savvy, remote work, interest in entrepreneurship, and community-focused values. Remote work has led to an influx of entrepreneurs in small towns who can run their businesses remotely, while Gen Z is more likely to be interested in starting their own businesses. Both generations place a high value on community and social impact, which could drive them to start businesses that serve their local communities and have a positive impact on the environment.

on march 2, a treasury bill expiring on april 20 had a bid discount of 5.86, and an ask discount of 5.80. what is the best estimate of the risk-free rate as given in the text? show your work. no credit for the correct answer without showing work. a) 5.86 % b) 5.83 % c) 6.11 % d) 6.14 %

Answers

6.11% is the best estimate of the risk-free rate mentioned in the text.

What exactly is the risk-free rate?

The risk-free rate of return is the rate of return on a hypothetical investment with scheduled payments over a specified period of time that is considered to satisfy all payment commitments.

Because the risk-free rate can be attained with no risk, any other investment with any risk must have a greater rate of return to entice investors to keep it. In fact, market players frequently pick the yield to maturity on a risk-free bond issued by a government of the same currency whose default risks are so minimal that they are inconsequential to deducing the risk-free interest rate in that currency.

To learn more about risk-free rates, click

https://brainly.com/question/28168891

#SPJ1

If the supply of iron ore mined in Venezuela has fallen due to significant political disruptions in the country, then the
A. Equilibrium price and equilibrium quantity of Venezuelan iron ore will rise
B. Equilibrium price and equilibrium quantity of Venezuelan iron ore will fall
C. Equilibrium price of Venezuelan iron ore will fall and equilibrium quantity of Venezuelan iron ore will rise
D. Equilibrium price of Venezuelan iron ore will rise and equilibrium quantity of Venezuelan iron ore will fall

Answers

If the supply of iron ore mined in Venezuela has fallen due to significant political disruptions in the country, then the Equilibrium price of Venezuelan iron ore will rise and the equilibrium quantity of Venezuelan iron ore will fall.[D].

What makes iron non-renewable?

Due to the period of time, it takes to produce, iron ore is a non-renewable source that is difficult to refill. It is 1.8 billion years old for the majority of the iron ore that is present deep within Earth's rocks.

The Venezuelan iron ore equilibrium price will increase while the equilibrium amount of iron ore in Venezuela will decrease.

Therefore, All elements naturally attempt to change into iron because it is the universe's most stable element.

Learn more about iron ore from the given link.

https://brainly.com/question/18723357

#SPJ1

a state a consumer was in a traffic accident with a state b driver. the state a consumer's car burst into flames, causing horrific injuries to the consumer. the state a consumer believes that his injuries were caused by

Answers

B Yes, because the State B driver's claim is a proper cross-claim and is within the court's supplemental jurisdiction.

The State B maker is liable for the State B driver's tort claim. Due to the fact that the driver's claim comes from the same transaction or event as the consumer's initial claim, it is a valid cross-claim. Therefore, (D) is untrue. (A) is inappropriate since any claims made by the State B driver against the manufacturer must be based on the same event or transaction. (C) is wrong because the State B driver's claim and the State A consumer's claim originate from the same core of operational facts and so come under the federal court's additional jurisdiction.

learn more about jurisdiction here

https://brainly.com/question/12448353

#SPJ4

complete question:

A State A consumer was in a traffic accident with a State B driver. The State A consumer's car burst into flames, causing horrific injuries to the consumer. The State A consumer believes that his injuries were caused by both the State B driver's negligence and design defects in his own car. The State A consumer thus filed a tort action for damages against both the State B driver and the manufacturer of the car. The manufacturer is also a citizen of State B. The State B driver was also burned in the accident and believes that manufacturing and design defects in the State A consumer's car also caused his burns.

Can the State B driver assert his tort claim against the State B manufacturer in the pending action asserted by the State A consumer?

A Yes, because the State B driver and State B manufacturer are already parties to the State A consumer's action.

B Yes, because the State B driver's claim is a proper cross-claim and is within the court's supplemental jurisdiction.

C No, because the State B driver's tort claim against the State B manufacturer is not between citizens of different states.

D No, because the State B driver's claim is not a proper cross-claim.

one of the main advantages of standardization is that it increases the potential variety of products. true/false

Answers

False. Standardization refers to the creation of distinctive products and services that set the company and its brand apart from those of its rivals.

The idea of standardisation prefers to reduce the product line and variety of items rather than expanding the product line. Instead of creating multiple items or a product with a variety of tastes and variants, the manufacturer concentrates on creating a distinct and one-of-a-kind product. As a result, the assertion is wholly false. Standardization is the process of establishing guidelines for the production of a good or service based on the agreement of all pertinent stakeholders in the sector. The standards make guarantee that the products or services produced in a certain industry are of a consistent quality and equal to those of other companies offering similar goods or services.

Learn more about Standardization here :

https://brainly.com/question/15287326

#SPJ4

what is the break-even point for the american division?

Answers

When a company's revenues are equal, that point is known as break-even. One of two methods can be used to calculate the break-even point

What would revenue mean?

Revenue is the entire amount of money made through the sale of products or services linked to a business's core operations. Because it appears just at top of the earnings statement, revenue, also referred to as gross revenue, is frequently called the "top line." A company's overall revenue or profit is known as income, or net income.

Is income or profit defined as revenue?

Profit is the net money left over after deducting costs from earnings, whereas revenue is the income created by business operations. Sales, income through fees, and income from property are just a few examples of the different ways that money might come in.

To know more about revenue visit:
https://brainly.com/question/29567732

#SPJ4

the february contribution format income statement of mcabier corporation appears below: sales $ 211,200 variable expenses 96,000 contribution margin 115,200 fixed expenses 84,100 net operating income $ 31,100 the degree of operating leverage is closest to:

Answers

The answer of 3.70 is correct since it is nearest to Option an in terms of operational leverage.

How would you define income?

The sum of money, assets, and other exchanges of value obtained over a predetermined time frame in return for services or goods are often referred to as "income." There is no one, accepted definition of income; rather, it is determined by the context that it is used in. For many people, their wage from a job would be an example of income. Any money that a person or corporation receives in exchange for labor, the creation of goods and services, or the investment of capital can be considered income.

Contribution Margin/Net Operating Income = $115200/$31100 = 3.704180064 Level of Operating Leverage

So, option an is the right response.

To know more about Income visit :

https://brainly.com/question/14732695

#SPJ4

The Complete Question :

The february contribution format income statement of mcabier corporation appears below: sales $ 211,200 variable expenses 96,000 contribution margin 115,200 fixed expenses 84,100 net operating income $ 31,100 the degree of operating leverage is closest to :

a. 3.70

b. 0.27

c. 6.79

d. 0.15

According to the video case "What is Blockchain?", how can the use of Blockchain significantly reduce the likelihood of financial fraud?options: International money transfers using Blockchain must be approved by both country's central bankEvery Blockchain transaction will be recorded on a public and distributed ledgerBlockchain transactions must following existing financial regulations and lawsTransactions on Blockchain are all verified by notaries and other trust services

Answers

According to the video case "What is Blockchain?", the use of Blockchain can significantly reduce the likelihood of financial fraud because every Blockchain transaction will be recorded on a public and distributed ledger.

The transparency and immutability of the distributed ledger mean that once a transaction is recorded, it cannot be altered or deleted. This makes it much more difficult for fraudsters to manipulate transaction records or hide fraudulent activity. Additionally, the use of cryptography and digital signatures in Blockchain transactions can provide enhanced security and authentication measures.

While the other options listed may also contribute to reducing the likelihood of financial fraud in certain contexts, it is the public and distributed ledger aspect of Blockchain that is specifically highlighted in the video case as a key feature that can help prevent and detect fraud in financial transactions.

For such more questions on Blockchain

https://brainly.com/question/25700270

#SPJ4

if consumers often purchase croissants to eat while they drink their cappuccinos at local coffee shops, what would happen to the equilibrium price and quantity of cappuccinos if the price of croissants rises?

Answers

Option b. Both the equilibrium price and quantity would decrease. /reduce. Equilibrium is a state in which market demand and supply are in equilibrium, resulting in stable prices.

In general, an oversupply of goods and services leads to falling prices, which leads to an increase in demand, while an undersupply or shortage leads to a rise in prices, which leads to a decrease/reduction in demand.

At equilibrium prices, the supply of goods equals the demand. When a major index goes through a period of correction or flattening, the forces of demand and supply are relatively equal and the market is said to be in equilibrium.

When the market is not in equilibrium it is called imbalance. Imbalances can occur instantaneously in more stable markets, or they can be a systemic feature of certain markets.

To learn more about equilibrium price, here:

https://brainly.com/question/28527601

#SPJ4

Complete question:

4. If consumers often purchase croissants to eat while they drink their cappuccinos at local coffee shops, what would happen to the equilibrium price and quantity of cappuccinos if the price of croissants rises?

a.

Both the equilibrium price and quantity would increase.

b.

Both the equilibrium price and quantity would decrease.

c.

The equilibrium price would increase, and the equilibrium quantity would decrease.

d.

The equilibrium price would decrease, and the equilibrium quantity would increase.

Country m hopes to encourage economic growth by:_____.a. investing in education to reduce unemployment and increase production. b. new technologies to produce goods that are in great demand. c. resources that can be traded with other nations. d. research to develop goods that can be sold on a global scale.

Answers

Country m hopes to encourage economic growth by investing in education to reduce unemployment and increase production.

Option A. is correct.

Education is essential for a strong economy, as it enables individuals to acquire the skills and knowledge necessary to participate in the workforce and contribute to the economy.

Additionally, investing in education can help to reduce unemployment, as individuals with higher levels of education are more likely to be employed.

This can result in increased production, as more individuals are able to contribute to the economy.

Furthermore, investing in education can also help to create new technologies and products, which can further boost economic growth.

Thus, investing in education to reduce unemployment and increase production is an effective way for Country M to encourage economic growth.

To know more about investing in education,

https://brainly.com/question/9982574

#SPJ4

an energy project requires an investment in year 0 of $9 million, and has an investment horizon of 12 years and an marr of 8%. if the annuities in years 1 through 12 are as shown in table 4.1, what is the npv?

Answers

The NPV of the energy project is $5,219,531. The calculation involves discounting each cash flow to its present value using the given MARR of 8% and then summing the present values.

To calculate the NPV, we need to discount each cash flow to its present value and then sum the present values. Using the given MARR of 8%, we can calculate the present value factor for each year as follows:

Year 1: 1 / (1 + 0.08)¹ = 0.9259

Year 2: 1 / (1 + 0.08)² = 0.8573

Year 3: 1 / (1 + 0.08)³ = 0.7938

Year 4: 1 / (1 + 0.08)⁴ = 0.7350

Year 5: 1 / (1 + 0.08)⁵ = 0.6806

Year 6: 1 / (1 + 0.08)⁶ = 0.6302

Year 7: 1 / (1 + 0.08)⁷ = 0.5835

Year 8: 1 / (1 + 0.08)⁸ = 0.5407

Year 9: 1 / (1 + 0.08)⁹ = 0.5012

Year 10: 1 / (1 + 0.08)¹⁰ = 0.4645

Using these present value factors and the annuities provided in the table, we can calculate the present value of each cash flow as follows:

Year 1: $1,480,271 x 0.9259 = $1,370,366

Year 2: $1,165,194 x 0.8573 = $998,324

Year 3: $1,190,591 x 0.7938 = $945,530

Year 4: $1,286,144 x 0.7350 = $944,667

Year 5: $1,318,457 x 0.6806 = $896,043

Year 6: $973,862 x 0.6302 = $613,755

Year 7: $1,108,239 x 0.5835 = $646,661

Year 8: $1,468,544 x 0.5407 = $793,750

Year 9: $1,105,048 x 0.5012 = $554,555

Year 10: $851,322 x 0.4645 = $395,640

To calculate the NPV, we sum the present values of each cash flow and subtract the initial investment of $9 million:

NPV = $1,370,366 + $998,324 + $945,530 + $944,667 + $896,043 + $613,755 + $646,661 + $793,750 + $554,555 + $395,640 - $9,000,000

NPV = $5,219,531

Therefore, the NPV of the energy project is $5,219,531.

Learn more about investments here: brainly.com/question/15353704

#SPJ4

Complete question is in the image provided

the best use of a gantt chart is to: group of answer choices show expected start and end times for project activities and to track actual progress against these time targets. shorten the overall duration of a project. show precedence requirements for a project's constituent activities. determine the earliest start and finish times for each project activity.

Answers

Answer: Mark me brainliest please look in explanation for answer

Explanation:

The best use of a Gantt chart is to show expected start and end times for project activities and to track actual progress against these time targets.

consumer who purchased the policy is called___

Answers

The consumer who purchased the policy is called a policyholder.

Who is a Policyholder?

A policyholder is an individual or entity who owns an insurance policy and has the right to exercise the benefits and privileges stated in the policy.

The policyholder is responsible for paying the premiums and ensuring that the policy remains in force.

The policyholder is also referred to as the insured or the owner of the policy.

Therefore, the consumer who purchased the policy is called a policyholder.

Learn More about Policyholder at https://brainly.com/question/14521673

#SPJ11

true or false? regulatory compliance means complying with an organization's own policies, audits, culture, and standards.

Answers

False, Organizational compliance refers to abiding by the rules, procedures, culture, and standards of the organization.

Regulatory compliance—what do you mean?

Compliance refers to adhering to a specification, regulation, standard, or legal requirement. The deterrence theory, which states that punishing a behavior would diminish violations by the offender (specific deterrence) and others, has traditionally been used to explain compliance (general deterrence).

What exactly is a company?

An organization is a group of individuals working together to achieve predetermined goals. It can be viewed as a social structure that includes all formally recognized human interactions. The organization includes task alignment with respect to the company's ultimate aim and the division of labor among personnel.

To know more about organization visit:

https://brainly.com/question/4891892

#SPJ4

in a simple linear regression model we use the normal quantile plot of the residuals to evaluate if it is reasonable to assume the ___________ come from a normal distribution.

Answers

The basic regression model posits a linear relationship, Y = + X +, between a dependent variable Y and an explanatory variable X, with the error term comprising omitted components.

How is a basic linear regression test assumed?

The Durbin Watson test is the simplest method for examining the independence presumption. The durbinWatsonTest built-in function in R can be used to perform this test on our model. When you run this test, you'll get an output with a p-value that will allow you to assess if the assumption is true or false.

What traits distinguish simple linear regression?

Characteristics of Linear Regression

The linear regression's y-intercept is the same as the regression constant (b0). The slope of the regression line, which is the regression coefficient (b1), is

To know more about regression visit:

https://brainly.com/question/14313391

#SPJ4

a company's controller estimated bad debt expense using the percentage of accounts receivable method. total sales for the year were $1,500,000. the ending balance in accounts receivable was $300,000. an examination of the outstanding accounts at the end of the year indicates that approximately 7% of these accounts will ultimately prove to be uncollectible. before any adjustment, the balance in the allowance for bad debts is $4,000 (credit). total accounts written off as uncollectible during the year were $15,000. which debit or credit is included in the adjusting entry to record bad debt expense for the year? credit allowance for bad debts for $17,000 which costs are included in

Answers

The adjusting entry will include a credit to Allowance for Bad Debts for $17,000The debit to Bad Debt Expense will also be $17,000

The adjusting entry to record bad debt expense for the year will include a debit to Bad Debt Expense and a credit to Allowance for Bad Debts. The amount credited to Allowance for Bad Debts in the adjusting entry will be the amount necessary to adjust the balance to the required ending balance based on the estimated percentage of accounts receivable that will ultimately prove to be uncollectible.

The adjusting entry for bad debt expense is calculated as follows:

The ending balance in accounts receivable is $300,000, and approximately 7% of this amount is estimated to be uncollectible, which is $21,000 ($300,000 x 7%).

The current balance in the Allowance for Bad Debts account is $4,000 (credit), and the required ending balance is $21,000.

Therefore, the adjusting entry will include a credit to Allowance for Bad Debts for $17,000 ($21,000 - $4,000) to bring the balance up to the required ending balance.

The debit to Bad Debt Expense will also be $17,000 to record the estimated bad debt expense for the year.

As for the costs that are included, there are no additional costs provided in the question that would be included in the adjusting entry for bad debt expense. The adjusting entry is solely to adjust the Allowance for Bad Debts to the required ending balance based on the estimated percentage of uncollectible accounts receivable.

Know more about adjusting entries - https://brainly.com/question/28903353

#SPJ4

an oligopoly is an industry composed of a limited number of large firms. group of answer choices true false

Answers

An industry with just a few large companies is called an oligopoly. It is True.

How Does an Oligopoly Work?

An oligopoly is a market structure with just a few companies that can't stop the others from having a big impact. The largest companies' market share is measured by the concentration ratio.

A market with only one producer is a monopoly, a market with two firms is a duopoly, and a market with two or more firms is an oligopoly. An oligopoly's number of firms cannot be precisely determined, but it must be low enough that one firm's actions have a significant impact on those of the others. Steel manufacturers, oil companies, railroads, tire manufacturers, grocery store chains, and wireless carriers are examples of historical oligopolies. An oligopoly's potential to obstruct new entrants, impede innovation, and raise prices—all of which would be detrimental to customers—is a legal and economic concern.

To learn more about Oligopoly visit :

https://brainly.com/question/18686878

#SPJ1

Why is the Saks company starting to close down many of its stores?

Answers

Answer:

Explanation:

The Saks company is closing down many of its stores due to the impact of the COVID-19 pandemic. The pandemic has caused a decrease in consumer spending, resulting in a decrease in sales for the company. Additionally, the company has had to make difficult decisions to reduce costs and focus on its digital presence.

The projected growth in buyer demand for private-label athletic footwear is O 5-7%% annually in all four geographic markets during Years 11-15, O 10% annually in North America and Latin America during the Year 11-Year 20 period. O 9% annually in Europe-Africa and the Asia-Pacific regions during Years 11-20. O 4-6% annually across all 4 regions during Years 11-20. 10-12% annually in the Asia-Pacific and Latin America regions during Years 16-20.

Answers

In North America and Latin America, the projected growth in consumer demand for private-label athletic footwear is 10% per year from 2011 to 20. The best choice is b.

What does North America's economy look like?

The International Monetary Fund (IMF) estimated North America's GDP per capita to be $41,830 in October 2016, making it the richest continent in the world, followed by Oceania. The economies of the US, Mexico, and Canada are all large and complex. Of the three nations in the globe, the United States has the largest economy.

The United States, which has the most advanced technology of the three, had the highest per capita gross domestic product (PPP) in 2016, with an estimated value of $57,466 in 2016, according to the World Bank.

To know more about International Monetary Fund, refer:

https://brainly.com/question/30052429

#SPJ1

eagle crest company has provided the following information for its recent year of operation: the common stock account balance at the beginning of the year was $13,000 and the year-end balance was $16,500. the additional paid-in capital account balance increased $3,800 during the year. the retained earnings balance at the beginning of the year was $75,000 and the year-end balance was $92,000. net income was $39,000. how much did eagle crest sell its common stock for during the year?

Answers

The quantity of common stock sold is determined independently of the growth in the extra paid-in capital account. As a result, during the year, Eagle Crest Company sold $3,500 worth of common stock.

The increase from $13,000 to $16,500 in the common stock account balance shows the money raised by issuing common stock. Due to this ($16,500 - $13,000), Eagle Crest sold its common stock for $3,500 during the year.

The amount of capital raised by the issuing of shares over its par value is represented by the rise in the extra paid-in capital account balance. Eagle Crest issued stock over par value as a result, raising $3,800 in capital.

At the conclusion of the year, the retained profits amount was $92,000, which is equal to the $75,000 starting balance plus the $39,000 in net income minus any dividends paid. We are unable to determine the amount because the issue is silent on dividend payments.

learn more about common stock here:

https://brainly.com/question/13762106

#SPJ4

to have better safety records, the xyz company gives monetary incentive awards to its workers for lower accident rates due to improper use of heavy equipment. which of the following incentive plans describes this example? question 9 options: piecework management incentive behavioral encouragement referral

Answers

Earnings are directly correlated with the level of production by the employee when there is piecework. Setting work criteria for each group member and keeping track of their productivity is one method of utilizing the team and group incentive plan.

What do incentive pay programs have as their goal?

explains group incentive programs that offer participating employees a payout as an incentive for bettering the performance of the firm, whether it's through higher productivity, higher customer happiness, cheaper expenses, or improved safety records. a particular kind of profit-sharing scheme that values employee participation.

Provide an example of a negative incentive.

People are worse off as a result of "penalties," which are negative incentives. Negative incentives include losing TV time, skipping swimming, skipping Physical class, and time out. These are things that you wish to avoid occurring.

To know more about piecework visit:

https://brainly.com/question/30066934

#SPJ1

Other Questions
describe your real self The Department Manager researches new data platforms for the company and requests a list of essential features. Which essential features should the list include? Pick at least one of the elements of composition you learned about this week and explain why it is important when describing a work of art. Try to incorporate some of the new art terms youve learned this week into your response. IdeasGovernment asks people to accept a social contract giving up certainpersonal liberties in exchange for safety in a civil society. Withoutgovernments protecting civil society, life would be "nasty, brutish.and short."The government should be divided into three independent branches-the executive, legislative, and judicial-to ensure "checks and balances."ouserimet should be pascu upou a social compact, a contract allowingthe people to ruie themseives through adherence to the general will..Individuals should be willing to sacrifice their self-interests in favor ofthe common good.Freedom of speech and religion must be protected by the government.Individual governments should not impose religious systems on anentire state.Protecting people's natural rights to life, liberty, and property is thegovernment's primary function. The ruler's authority comes from acontract made with the people, and they have the right to overthrowan unjust government.Philosopher Book Why are the effects of genetic drift more pronounced in smaller populations? hogwarts legacy difference between witch and wizard while_______ there is always some degree of government involvement in a mixed economy. true/false At what age is human growth usually complete?20253035 Mohenjodaro was divided into a lower city and a fortress known as the A. citadel. B. palace. C. pyramid. Uriel collects aluminum cans, crushes them with a hand can-crushing machine, and turns the crushed cans in once a month for extra money. Uriel can crush 3 cans in 23 of a minute. What is the rate, in cans per minute, at which Uriel crushes aluminum cans? zeno, inc. is considering relocating its manufacturing facility from illinois to mexico city. the stakeholders in this decision might include: Why did Christianity not end when the Romans executed Jesus?Group of answer choicesChristians believed Jesus had been brought back to life.Mary Magdalene took over and continued performing miracles in Jesuss place.The Jewish leaders changed their minds and converted to Christianity.The emperor built a great memorial to Jesus in Rome. A brilliant surgeon who pioneered research with plasma and created the first blood bankA. Charles DrewB. Samuel MorriesC. Langston HughesD. Benjamin Banneker a si p-n junction has an area of 1 cm2. on the p-side of the junction, there are 2 x 1017 acceptors/cm3. on the n-side of the junction, there are 1 x 1017 donors/cm3. find the built-in potential. Substitute and simplify.w = -6, x = 4, y = 3, z = -81. WX + YZ =2. 2w + 3z- xy + z =3. y(z + x) =4. (W+x+y)=5. (z-w) =6. 5(w + x) + 4(y + z) =7. W - x =8. (xy) 2wz =9. wz - 4xy =10. w+ (x+y+z) = a sample of students will be selected from all the students at a high school. which of the following sampling methods is least likely to produce a representative sample of the students? responses from a list of all student names, randomly select 50 names from the list for the sample. from a list of all student names, randomly select 50 names from the list for the sample. randomly choose five classrooms in the school and use all the students in those classrooms for the sample. randomly choose five classrooms in the school and use all the students in those classrooms for the sample. divide the students into the four class years (freshman, sophomore, junior, senior) and randomly select students from if the equation is 9=3(x+2), what does x equal? Help, I got 2262, I dunno what I'm doing wrong. part b. which equation has the same graph as the answer from part a, and so can also be used to model the data? the practice of businesses paying bloggers to write positive comments about the business is called ______.