The side manufacturing overhead account that applied manufacturing overhead was entered on the credit side
This will be discussed in further detail below.
What exactly do we mean by "manufacturing overhead"?In most cases, the total of all the indirect expenses that are spent throughout the process of producing a product is referred to as the Manufacturing Overhead Cost (MOH).
Along with the expenses of direct materials and direct labor, it is included into the total cost of the finished product.
To sum everything up, The credit side of the manufacturing overhead account is the side where the applicable manufacturing overhead was entered.
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Suppose a gardener produces both tomatoes and squash in his garden. if he must give up 8 bushels of squash to get 5 bushels of tomatoes, then his opportunity cost of 1 bushel of tomatoes is:_______
Suppose a gardener produces both tomatoes and squash in his garden. if he must give up 8 bushels of squash to get 5 bushels of tomatoes, then his opportunity cost of 1 bushel of tomatoes is 5/2 bushels of squash.
This is further explained below.
What is opportunity cost?Generally, The opportunity cost is the amount of time and money that might have been spent on anything else instead of learning.
A farmer makes the decision to grow wheat, thus the opportunity cost is the loss of the possibility of planting another crop or finding some other use for the resources.
In conclusion, Let's say a gardener grows tomatoes and squash on his plot of land at the same time. If he wants to receive five bushels of tomatoes but it requires him to give up eight bushels of squash, then the opportunity cost of one bushel of tomatoes for him is five and a half bushels of squash.
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Major airlines change hundreds of fares daily in response to competitor tactics, which is an example of using.
As the Major airlines change hundreds of fares daily in response to competitor tactics, this is an example of using a competitive intelligence.
What is a competitive intelligence?It is also called a corporate intelligence. It refers to a firm's ability to gather, analyze and use information collected on competitors, customers and market factors to its business's competitive advantage.
This type of intelligence is important because it helps businesses understand their competitive environment and the opportunities and challenges it presents. It allows businesses to analyze the information to create effective and efficient business practices.
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Too little spending in an economy often leads to:__________
a. recession
b. inflation
c. full employment
d. efficiency
Too little spending in an economy often leads to: Recession
A recession is an important, widespread, and a very long downturn in any economic activity. Because recessions generally lasts for six months and more, one common rule of thumb is that two consecutive quarters of decline in a country's Gross Domestic Product will constitute a recession.
Economists which includes those at the National Bureau of Economic Research defines the recession as an economic contraction which starts at the peak of the expansion that preceded it and also ends at the low point of the ensuing downturn.
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When you are known for failing to live up to your promises to stakeholders, you have a reputation for good character. true false
The statement when you are known for failing to live up to your promises to stakeholders, you have a reputation for good character is false.
Who are stakeholders?Stakeholders are people that involve in the day to day running of a business or day to day operation of business and this people ensures that the goals and objective of a business is achieved.
When a person does not keep up to their promises or words and often promise and fail that person does not have a reputation for good character.
Therefore the statement when you are known for failing to live up to your promises to stakeholders, you have a reputation for good character is false.
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Is the cost needed to own a product, consisting of initial purchase cost and follow-up maintenance/service cost?
The Total cost of ownership is the cost needed to own a product, consisting of the initial purchase cost and follow-up maintenance/service cost.
What does maintenance/service cost?Maintenance cost can be defined as the price that is being performed in the course that is being incurred mostly on the assets and is a service that needs to be paid.
The total cost of ownership is the cost that is considered the final cost of a product or a service.
This means that if machinery is being purchased attend the insurance of that machinery the installation and the financing all is included in the cost of ownership, this is the amount that the owner paid for getting the machine.
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John is experiencing heartburn after eating a large meal. what digestive structure is not working properly?
The lower esophageal sphincter structure is not working properly.
What is the lower esophageal sphincter structure?The muscular tube that connects the throat (pharynx) and stomach are called the esophagus. The mucosa, a pink, wet tissue, lines the esophagus, which is about 8 inches long. The esophagus is located in front of the spine, behind the heart and trachea. The esophagus travels through the diaphragm just before entering the stomach.
At the top of the esophagus, there is a group of muscles known as the upper esophageal sphincter (UES). The UES muscles, which are utilized for breathing, eating, belching, and vomiting, are controlled by the conscious mind. They prevent fluids and food from entering the windpipe.
A group of muscles called the lower esophageal sphincter (LES) is located where the esophagus enters the stomach at the lower end.
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what factors refer to rules and regulations that businesses must abide by
No matter what kind of operation you intend to run, there are a number of rules to take into account when beginning a business, including taxes, labor, employment, antitrust, advertising, environmental restrictions, privacy, and licenses.
What do business regulations entail?Federal rules and statutes that safeguard businesses and the public interest are known as government business regulations. Small enterprises might use these restrictions to aid in their expansion. If you run a construction company, for instance, government rules might mandate the use of specific safety equipment on the job site.
Why is regulating business so crucial?To advance the economic and social wellbeing of private sector enterprises, governments create laws and regulations. In addition to protecting consumers, workers, and the environment, regulations are in place to support a just and competitive market.
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Strategic positioning involves performing the same activities as rivals in a similar way, but at a lower cost. True or false?.
It is false. By preserving what is unique about a company, strategic positioning aims to achieve long-term competitive advantage. It refers to engaging in different activities from competitors or engaging in comparable activities but in various ways.
Companies can use strategic positioning as a key instrument to increase business profit. Determining how to set themselves apart from rivals may be a crucial step in developing the goal and operating principles of new businesses. By expanding the volume of products they produce and the market they serve, strategic positioning can aid established businesses in growing. Executives of a firm may find it helpful to attract investors and media attention by being able to articulate how their organization differs from that of its rivals.
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When the intensity of contractions increases, will the stimulus increase or decrease?
Due to an increase in the intensity of contractions, the stimulus will increase.
What happens to the stimulus when contraction intensity increases?First, you need to understand what the stimulus is. The stimulus in this regard is the pushing of the baby's head against the walls of the cervix.
When the intensity of the contractions being experienced increases, this is the body saying that the baby needs to come out. The baby's head would therefore push against the cervix more which means that the stimulus is increasing.
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Initially you are going to work with a buyer as a transaction broker. before showing property you will provide the buyer with a:____.
Initially you are going to work with a buyer as a transaction broker, before showing property you will provide the buyer with a prospectus.
Prospectus is a legal document in which all the details are described about the organisation or the workplace associated. A transaction broker would keep all the details regarding the things he she is dealing with the third party organisation.
A proforma is been provided to the third party to assist in the relativeness, place and the amount which is to be considered while negotiating property.
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Currently, the united states exports more than it imports. true false
Currently, the united states exports more than it imports. false
What is exports?Because they provide people and businesses with access to a wide variety of markets, exports are crucial to modern economies. Fostering economic trade, including encouraging imports and exports for the benefit of all trading parties, is one of the main goals of diplomacy and foreign policy between governments.
In terms of cash, China, the United States, Germany, the Netherlands, and Japan were the top exporting nations in the globe in 2019, according to research firm Statista.
In all, China exported items worth about $2.5 trillion, mainly industrial and technological equipment. U.S. exports, which mainly consisted of capital goods, totaled about $1.6 trillion. The majority of Japan's exports, which amounted about $705 billion, and Germany's, which totaled about $1.5 trillion, were made up of automobiles. A total of $709 worth of exports were made by The Netherlands.
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Distribution, price, promotion, and product are all elements of:____.
a. marketing strategy
b. the marketing mix
c. a target market
d. a business strategy
Distribution, price, promotion, and product are all elements of the marketing mix
What exists in a marketing mix?The marketing mix consists of the four key components of a transaction strategy: product, price, place and promotion.
What is the transaction mix simple definition?
A marketing mix contains multiple areas of focus as part of a complete marketing plan. The term often refers to a common classification that started as the four Ps: product, price, placement, and advertising. Effective transaction connects on a broad range of areas as fought to fixating on one message.
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The law of diminishing marginal returns is the cause of ______________ marginal product and ______________ marginal cost.'
The law of diminishing marginal returns is the cause of Decreasing marginal product and increasing marginal cost.
What is the law of diminishing marginal returns?The law of diminishing returns identifies a point on a production curve where creating an extra unit of output will result in a loss and is known as negative returns, rather than causing a drop in total production capabilities. While productivity and efficiency decline, production continues to be positive under the law of diminishing returns.
As the amount of a single production element is incrementally increased while maintaining the same level as all other production factors, this phenomenon is known as diminishing returns in economics (ceteris paribus). The law of decreasing returns, commonly referred to as the law of diminishing marginal productivity, holds that when a production factor is increased by one unit while keeping all other production factors constant, the output per additional unit of input eventually decreases.
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Mike and ike set up a real estate company in tampa. mike, ike, and spike each own a portion of the stock. mike & ike realty is a legal entity of its own. mike is involved in a ______.
Mike and ike set up a real estate company in Tampa. mike, like, and spike each own a portion of the stock. Mike & like realty is a legal entity of its own. Mike is involved in a Corporation.
This is further explained below.
What is Corporation?Generally, A corporation is a kind of commercial entity that is owned by its shareholders, who then vote for and choose a board of directors to manage and govern the operations of the company.
The shareholders are not personally responsible for the corporation's behavior or financial situation when it comes to the firm.
In conclusion, Mike and Ike started their own real estate business in the Tampa area. Mike, like, and spike each have a share of ownership in the company. mike & like realty is its own separate entity in the eyes of the law. Mike is a member of a Corporation in some capacity.
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What are the effects on the accounting equation when dividends are declared and paid?
a) total assets
b) decrease and total
c) stockholders' equity decreases.
When dividends are declared and paid, retained earnings and cash are both decreased.
Paying dividends reduces cash flow while increasing dividends. A decline in retained earnings will occur when the temporary account of dividends, which will be closed at the end of the time period (such as a year), is closed.
How Do Retained Earnings Work?
After deducting dividend payments, a company's cumulative net earnings or profits are known as retained earnings. The term "retained," which is significant in accounting, captures the fact that the corporation kept such earnings rather than paying them as dividends to shareholders.
For this reason, retained earnings increase when new profits are made and drop when a corporation either makes a profit or pays dividends.
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Suppose you discover that over the last 20 years both cancer rates and cell phone usage have been increasing. what can you conclude from this?
Cancer is not increasing because of excessive usage of cell phones.
Over the last 20 years, both cancer rates and cell phone usage have been increasing. The conclusion that can be made via this is:
The development of brain cancers linked to cellphone use appears to be the main cause of concern. In a study that monitored more than 420,000 cellphone users over a 20-year period, researchers found no indication of a connection between smartphones and brain tumors.
Another study discovered a link between cellphone use and salivary gland cancer. However, just a few of the study subjects had cancerous tumors.
Another study found no general increase in the incidence of brain tumors but revealed that heavy cellphone users may have an elevated risk of glioma, a particular type of brain tumor.
Cancer is not increasing because of excessive usage of cell phones.
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Graff, incorporated, has sales of $40,980, costs of $13,380, depreciation expense of $2,830, and interest expense of $2,060. the tax rate is 22 percent. what is the operating cash flow, or ocf?
The operating cash flow of Graff, incorporated is $20,543.80
What is operating cash flow?
The operating cash flow is the net income plus the depreciation expense, whereby the depreciation expense is added back because it is an outright cash outflow.
In this case, we need to first of all determine the net income considering the sales, costs, interest expense and tax
net income=(sales-costs-depreciation-interest)*(1-tax rate)
net income=($40,980-$13,380- $2,830-$2,060)*(1-22%)
net income=$17,713.80
OCF=$17,713.80+$2,830
OCF=$20,543.80
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What are the two measurements used in the bcg matrix to classify strategic business units?
The 2 measurements used in the bcg matrix to classify strategic business units includes:
relative market sharemarket growth rate.What is the bcg matrix?This refers to the model that is used to analyze a business’s products to aid with long-term strategic planning. It helps companies to identify new growth opportunities and decide how they should invest for the future.
The BCG matrix is an essential tool used internally by management to assess the current state of value of a firm's units or product lines, it also aids the company in deciding which products or units to either keep, sell, or invest more in.
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Answer:
Relative market share, market growth share
Explanation:
American companies can easily do business with chinese companies. this is phenomenon is called ________.
American companies can easily do business with chinese companies. This phenomenon is called Globalization.
Globalization refers to the business operate in multiple countries. it increase the flow of goods and services, skills throughout the world.
It is very beneficial as :
1 . It increases the exchange of foreign currencies.
2. It improves the balance of trade of the country.
3. It creates employment opportunities.
4. It helps in improving living standard of the people.
5. It will help in access the new market.
Challenges of Globalization:
It results in loss of culture identity , there will be difficulties in immigration of the employees, foreign workers get exploited as there demand will decrease.
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________ is the degree to which employees believe the organization values their contribution and cares about their well-being.
Perceived organizational support is the degree to which employees believed that the organization values their contribution and cares about their own well-being.
Perceived Organizational Support is a term that refers to the perception of the employee concerning the extent to which the particular organization values their level of contribution and also cares about their well-being. POS has been found to have major important consequences on concerned employee performance as well as well-being.
This organizational support is important since the employees are more effective during work than when they receive the credential of appreciation. The more the number an employee receives praise or other recognition for purpose of what they do, the more likely they will be reacting well to the management changes as well as the company's needs.
The perceived organization also has performance that can be defined as the perceptions of employees regarding their overall performance of the organization and perceived organizational performance which is related to the human resources management practices that are directly affecting the attitudes of employees which will be within an organization.
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Wealth is an accumulation of tangible products; goods are counted as wealth, but services are not.
True or false
Answer:
F
Explanation:
What challenges do managers of these warehouses face when the unemployment rate is low? when the rate is high?
The challenges that warehouse managers face when the unemployment rate is low is to reduce the supply of labor available to fill the job openings.
When there is an increase in the unemployment rate, there can be significant impacts on the business, such as a reduction in the purchasing power of consumers and, consequently, a lower turnover of stock.
What strategies should managers develop to deal with unemployment rates?It is essential that there is an active management of talent in the organization, that is, managers must seek to reduce employee turnover by improving working conditions and benefits, positively altering the employee's perception, which increases the sense of appreciation of the your job.
Therefore, there are necessary strategies that must be developed to reduce the risks associated with high or low unemployment rates, so that these situations do not significantly impact the business and put an organization's operations at risk.
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In a perfectly competitive market, a firm operating in the long run is forced by competition to adjust its scale of operation:______.
A company that operates over the long term in a perfectly competitive market is compelled by competition to change its scale of operation until average cost is minimized.
More about perfectly competitive market:
In a market structure known as perfect competition, numerous businesses sell comparable goods while making almost little profit because of the intense competition.
A market that is perfectly competitive is one in which all enterprises sell the same good and where there are no barriers to entry or leave. The existence of several enterprises and the homogeneity and uniformity of the products are essential elements of perfect competition.
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When the price elasticity coefficient is equal to infinity, the product exhibits ______ demand.
When the price elasticity coefficient is equal to infinity, the product exhibits perfectly elastic demand.
What is the price elasticity of demand?A measure of a product's change in consumption in response to a change in price is called price elasticity of demand. How responsive the amount wanted is to the price is determined by a good's price elasticity of demand (PED). Almost all items see a decline in demand when prices rise, but certain goods are more affected than others. The price elasticity gives the percentage change in the quantity needed when a price rises by 1% and all other variables stay the same. A 1% rise in price causes a 2% decrease in the amount sought if the elasticity is 2. Other elasticities are used to determine how much the quantity needed changes in relation to other factors.
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__________ shows the number of units the market will buy in a given time period, at different prices that might be charged.
The demand Curve shows the number of units the market will buy in a given time period, at different prices that might be charged.
In economics, a demand curve is a graph that shows the relationship between the price of a particular commodity and the quantity of that commodity demanded at that price. A demand curve can be used for the relationship between price and quantity for an individual consumer or for all consumers in a given market.
Demand curve, in economics, a graphical representation of the relationship between the price of a product and the quantity of the product in demand. The graph plots price on the vertical axis and quantity demanded on the horizontal axis.
There are two types of demand curves: individual demand curves and market demand curves. A graphical representation of the demand plan is displayed. It can be created by plotting the requested price and quantity on the chart. The demand curve plots price on the Y-axis and quantity demanded on the X-axis of the chart.
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Debts owed by a business are referred to as:_______
a. expenses
b. stockholders' equity
c. accounts receivables and.liabilities
Debts owed by a business are referred to as liabilities.
What are liabilities?The liabilities that a company has, refer to the debts that the company owes. These liabilities can be current or long term.
Current liabilities include things like accounts payables and accrued expenses as they will be settled within a year. Long-term liabilities include bonds and debentures and will be settled over a longer period of time.
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A $150,000 loan has monthly interest-only payments of $1,000. its annual interest rate is:________
A $150,000 loan has monthly interest-only payments of $1,000. its annual interest rate is 8 percent. Option C
This is further explained below.
What is the annual interest rate?Generally, The annual cost of borrowing money, including any associated fees, is referred to as the Annual Percentage Rate (APR). This rate is given as a percentage.
In conclusion, The equation for Rate is mathematically given as
R= payment / principal,
Where
$1,000 x 12 = $12,000
Therefore
$12,000 / $150,000 principal
Rate = 8%.
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complete question
A $150,000 loan has monthly interest-only payments of $1,000. Its annual interest rate is
3 percent.
6.5 percent.
8 percent.
12.5 percent.
Primo remo cars recalled one of its car models after it learned about a defect in its engine. by doing so, it met all the expectations of its customers. this is an example of a:___________
This is an example of a Accommodative strategy According to the definition of an accommodating approach, management may see CSR activities favorably and be prepared to partake in them to some extent or to allocate some corporate funds to them.
The Age of Greed is characterized by defensive corporate sustainability and responsibility (CSR), in which all corporate sustainability and responsibility practices, which are typically limited, are only implemented if and when it can be demonstrated that shareholder value will be preserved as a result.What does tolerant social responsibility entail?The tactic of accommodating social responsibility is employed when a business decides to take ownership of certain issues and initiate solutions.To Learn more about Accommodative strategy click the links.
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An agent asks a customer to make an offer to sell a security to that agent's broker-dealer for value. under the uniform securities act, the agent has:_____.
An agent asks a customer to make an offer to sell a security to that agent's broker-dealer for value. under the uniform securities act, the agent has offered to buy the security.
What is uniform securities act?
The Uniform Securities Act is a model law that any state can use to help them create their own state securities laws. The National Conference of Uniform State Law Commissioners was responsible for its creation. The Securities and Exchange Commission (SEC) needs assistance with enforcement and regulation, thus the Uniform Securities Act was created to address securities fraud at the state level.
Therefore,
An agent asks a customer to make an offer to sell a security to that agent's broker-dealer for value. under the uniform securities act, the agent has offered to buy the security.
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In the ambidextrous firm, if managers direct their efforts primarily at ________, they are likely to miss out on promising business opportunities
The answer is :- alignment
In the ambidextrous firm, if managers direct their efforts primarily at alignment, they are likely to miss out on promising business opportunities.
What does "ambidextrous organization" mean?An ambidextrous organization is one that pursues expansion by dividing the personnel in charge of running a core business from those that investigate new market niches.
It has three distinctive qualities. First, the senior management should hold a shared vision for the company's success. Second, a separate business entity that is in charge of discovering new market sectors. Third, systems that make it possible for the explore unit to access the resources of the main business so that it can grow more quickly than a startup.
A company that manages its primary business differently from its exploration business is said to be ambidextrous.
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