Managers are in charge of maximizing performance and, as a result, the value of the company's stock through the use of finance, capital, and human resources.
According to the conventional definition, a manager is only one who is responsible for supervising people's activities. Simply put, managers supervise others' efforts to accomplish goals. In the modern workforce, managers may be in control of particular systems or tasks that don't require human interaction. The manager's main responsibility is to organize the work of every employee in the company and provide the best outcomes possible to guarantee the company's expansion. In order to achieve the best results from the staff, managers have a variety of duties and responsibilities. Final Verdict. The ability to plan a business, make decisions, solve problems, communicate effectively, delegate, and manage time are all examples of management talents.
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why are posting references entered in the journal when entries are posted to the ledger accounts? multiple choice posting references entered in the journal prove that the entry is in balance. to ensure the journal entries balance. so we will know that the entry has been posted. so we will know that the postings need to be approved.
When posting to the ledger, posting reference numbers are placed in the journal as a (C) cross-reference. This enables the record keeper or auditor to follow debits and credits from one record to the next.
The fundamental justification for publishing references in journals is that they serve as cross-references that help determine whether an entry has been made and keep track of debit and credit entries.
Your account ledgers' post reference identifies the exact location in the journal, such as a page number or line number, where a transaction was recorded. This makes it simple for anyone looking at the sub-ledger record for a specific transaction to compare it to the original journal entry.
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a. if the average russian farmer produces 2,000 pounds of food per year, what is the opportunity cost, in pounds of food, of russia's army?
The opportunity cost in pounds of food for the North Korean army is 1.19 pounds
The total or overall food lost due to consumption by the army=[tex]\frac{1190000}{500}=2380 Pounds\\(2380-2000)=380 pounds[/tex]
Calculate opportunity cost, the opportunity cost of food for the North Korean army= [tex]\frac{2380}{2000}=1.19Pounds[/tex]
Consumption is the act of the usage of sources to satisfy modern wants and desires. it's miles seen in evaluation to making an investment, which is spending for the acquisition of future income. intake is a first-rate concept in economics and is likewise studied in many different social sciences.
Economists are specifically interested in the connection between intake and earnings, as modeled with the consumption feature. A comparable realist structural view may be observed in consumption theory, which perspectives the Fisherian intertemporal desire framework because of the real shape of the intake function. in contrast to the passive method of structure embodied in inductive structural realism, economists outline shape in terms of its invariance beneath intervention.
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Complete Question:
The Average North Korean farmer produces 2000 pounds of food per year. What is the opportunity cost in pounds of food for the North Korean army? The army is 1,190,000 One person needs 500 pounds of food a year to survive.
true or false: if every firm in an industry has the same vision statement, the vision statement is good. true false
A business's vision statement indicates the direction the organisation plans to go.
A vision statement is what.
The mission of a firm outlines the objectives it will pursue in business as well as the principles it will uphold. A vision, on the other hand, is a more ethereal notion of the organization's intended social influence. It's something to strive for rather than setting precise goals.
Even if companies shouldn't be overly ambitious when defining their long-term goals, it is necessary to set a higher and farther aim in a vision statement that expresses a company's aspirations and inspires the audience. A strong vision statement must have the following elements: Forward-looking and uplifting and energising.
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Which of these feature debt securities or instruments with maturities of one year or less?
Short-term debt securities or instruments typically have maturities of one year or less.
What are Short-term debt securities?Securities offering debt financing with maturities of one year or less are referred to as short-term debt securities or short-term fixed-income securities. Usually, businesses, governments, and other organizations issue them to raise money for their operations.
Treasury bills, commercial paper, and bank certificates of deposit are a few examples of short-term debt securities. The government issues Treasury Bills, which are among the safest short-term investments. Corporations issue commercial paper, which is used to fund urgent needs. Banks issue certificates of deposit, which have fixed interest rates for a set time period.
Short-term financial liabilities are usually considered low-risk securities since they are more prone to swings in debt levels and creditworthiness than longer-term treasury bills. Investors might use them as a method of managing cash flow or as a reliable source of earnings given that they are relatively simple to manipulate.
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which of the options uses a nominal level of measurement? the date in march is between 1 and 31. a customer's opinion of the service in a restaurant is poor, fair, average, good, or excellent. the height of a building is measured in feet. a person is married, divorced, single, widowed, or other.
A person's marital status uses a nominal level of measurement because it is used to categorize individuals into groups (e.g. married, divorced, single, etc.) without any quantitative value.
What is quantitative value?Quantitative value is a numerical measurement of a particular attribute or characteristic of something. It is used to measure the quantity, size, degree, or amount of a particular phenomenon, such as population size, speed, temperature, or economic growth. Quantitative values can be measured using various methods, such as surveys, experiments, or the analysis of data. Quantitative values are used to compare and contrast different phenomena, as well as to identify trends and patterns in data. Quantitative values are important for understanding the dynamics of various systems and for making informed decisions about them.
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you observe that your older cousin has become a successful business owner, so you decide you would like to become a business owner too. what kind of learning has taken place here?
Experiential learning that takes place here is an important step in the journey towards becoming a successful business owner.
Observation involves paying attention to the actions and behaviors of your cousin as a business owner, noticing what they do and how they do it.
This type of learning is often referred to as experiential learning, which involves learning through direct experience and observation, rather than simply reading about a subject or being taught by someone else.
Experiential learning is an important aspect of becoming a successful business owner, as it allows you to gain hands-on experience and understand the challenges and rewards of the job.
In mathematical terms, this type of learning can be represented as a function, where the input is the observation and reflection, and the output is the decision to become a business owner.
The function maps the input to the output, and the quality of the output is dependent on the quality of the input. In this case, the quality of the input will determine the quality of the decision to become a business owner.
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westex makes uniforms and overalls for employees in any industry where there is a potential for fire injury. it uses indura tuf stuf fabric in all of the uniforms it manufactures. if there is a decline in the chemical industry, then there will be a decrease in employment in that industry. since fewer uniforms will be needed, then sales for tuf stuf fabric will decline. this is an example of:
The scenario described is an example of a direct relationship.
A direct relationship means that there is a clear cause-and-effect relationship between two variables. In this case, a decline in employment in the chemical industry directly affects the sales of Tuf Stuf fabric. If there is a decrease in employment, there will be a corresponding decrease in the number of uniforms needed, leading to a decline in sales of Tuf Stuf fabric.
This direct relationship highlights the importance of considering industry trends and market conditions when making business decisions. Understanding the relationships between variables can help companies make informed decisions and anticipate potential changes in the market.
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on january 5, 2022, mr. daily, a calendar year taxpayer with average annual gross receipts of $4 million, contracted to build a road for bugle county for $1 million. the road will be completed by december 31, 2023. mr. daily has elected the completed-contract method to report his income. on december 31, 2022, the county engineer on the project certified that 65% of the road had been completed. costs in the amount of $500,000 were incurred during 2022 with respect to the contract. how much net profit should mr. daily report for this contract in 2022?
On 31 December 2022 , based on completed-contract method, Mr. Daily should not report any net profit from the road-building contract for Bugle County for the year 2022.
Under the completed-contract method, income from a long-term contract is not recognized until the contract is completed. As a result, Mr. Daily should not report any net profit from the road-building contract for Bugle County for the year 2022.
In 2022, Mr. Daily incurred costs of $500,000 with respect to the contract, and 65% of the road was certified as completed. However, under the completed-contract method, these costs are not recognized as expenses until the contract is completed, which is December 31, 2023.
Therefore, Mr. Daily should not report any net profit from the road-building contract for Bugle County for the year 2022. The income and expenses related to the contract will be recognized in 2023 when the contract is completed.
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Labor unions use financial statements of a company to
a. assess the company's profitability and indebtedness to lenders.
b. determine whether the company meets investment requirements.
c. establish reasonable expectations for salary and other benefit requests.
d. assess the firm's cash flow in order to repay loans.
e. determine the company's authority over product pricing and promotion.
Labor unions use financial statements of a company to: a. assess the company's profitability and indebtedness to lenders, c. establish reasonable expectations for salary and other benefit requests, and d. assess the firm's cash flow in order to repay loans.
Who are Labor Unions?Organizations known as labor unions represent workers in discussions with employers over pay, hours, and other working conditions. Protecting employees' rights and raising their standard of living is the main goal of labor unions.
Union members contribute dues to the union, which then utilizes the money to bargain collectively with employers. For unionized workers, these agreements specify the terms and circumstances of employment, such as compensation, work hours, overtime pay, benefits, and grievance procedures.
On a bigger scale, labor unions fight for policies that benefit employees by advocating for favorable legislation and regulations. Additionally, they could get involved in activism to bring attention to issues affecting employees and in political campaigns to support candidates who support workers.
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jacob works at primeclean corp., a carwash company. he is asked to follow a set of instructions in a predetermined order to wash a car. all the details including the amount of washing liquid to use for each type of car are clearly specified. in this case, jacob's company is most likely to use a:
In this case, Jacob's company is most likely to use a : closely tailored pay structure.
What are pay structures?Pay structures, also known as wage structures, are categorized pay scales for different job types. Each pay grade is often bracketed by a minimum and maximum compensation amount in pay structures, which include salary ranges for each pay grade. Companies determine their pay structures by analysing both internal and external salary data.helping to keep an eye on and manage business spending. Companies that have clearly defined pay structures can better regulate when and whether additional funds are used for increases or hiring new staff as well as the amount of money spent on salaries. Accountants have stringent guidelines for budgeting and financial planning because to established wage ranges.Learn more about Pay structure refer to :
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Agency rules are similar to statutes because of which one of the following?
a.Congress must vote in favor of them to become effective.
b.They are legal requirements and binding as if Congress has passed them.
c.They are enforced by law enforcement agencies.
d.They are opinions regarding laws passed by Congress.
The right response is b. As if passed by Congress, they are binding legal requirements.
What is an example of enforcement?When somebody in a position of authority ensures that you abide by the law, whether it be a police officer stopping a car for speeding or you brother catching you lying at checkers, enforcement takes place. The majority of people profit when laws are upheld because it stops thieves from making advantage of vulnerable individuals.
What is the use of enforcement?Enforcing social norms can maintain conformity within isolated communities, enforcing laws can maximise social benefits and safeguard overall public interest, and enforcing laws may also serve the institutions who oversee enforcement's self-interest.
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The relationship between price expectations and demand is?
The price expectations and the demand has a negative relationship. If the price is high or increase, it will impact through the demand that will decrease, It is because there are supply and demand law.
In the term of business and microeconomics, supply and demand generally can be defined as an economic model of price determination in a market. The supply and demand law has a principle when a supply increases will impact through the demand that will decrease. If the supply is decrease, the demand will increase and it will impact through the increase of price in the global market.
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True or False: Classifying products into meaningful categories helps marketers decide which strategies and methods will help promote a business's product or service.
True. Product categorization assists marketers in determining which techniques and approaches will best promote a company's product or service. Marketers may acquire a better knowledge.
of each product and its market potential by categorizing them based on its qualities, features, advantages, and target audience. This data may then be utilized to create effective marketing plans and select the best channels and approaches for reaching out to and engaging potential clients. If a product is classed as a luxury item, the marketer may opt to target wealthy clients through high-end retail establishments, high-end periodicals, and exclusive events. If, on the other hand, a product is designated as a low-cost item, the marketer may opt to target low-cost clients through discount outlets.
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When Can I Deduct Health Insurance Premiums on My Taxes?
Short-term health insurance premiums are typically deductible as a medical expense. Therefore, if you itemize your deductions and your total yearly medical expenses exceed 7.5% of you AGI, you are eligible for the deduction.
What does health insurance cost in the Netherlands?What is the price of a Dutch health insurance? In 2023, the monthly basic Dutch insurance premium will be around 135 euros. Each person pays their premiums directly to the health insurance provider of their choice.
For whom is Dutch health insurance available?If you work with in Netherlands or complete a paid internship there, health insurance is a must. Additionally, if you're registered with the CAK, you are eligible for healthcare benefits (opent nieuw venster). Only you will be eligible for the healthcare benefit if your partner does not have Dutch health insurance.
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pedro is on the fast track to become an executive in his company. as he advances, he will most likely have less and less need for which type of skills?
he will most likely have less and less need for Technical type of skills.
Technical skills are specialized knowledge or abilities that can be applied to real-world work in the fields of math, science, technology, engineering, and the arts. The use of specific tools and also the technologies needed to employ those tools are often prerequisites for technical abilities.
Technical skills are really the specialised aptitudes required to carry out specific activities. They are frequently job-specific and connected to technology, such as a certain machine or piece of software. Physical talents for a resume might include Taguchi method or machining, while digital ones might include C++ or data analysis.
The knowledge and skills required to carry out particular activities are known as technical skills. They are applicable and frequently have to do with mathematical, scientific, information technology, or mechanical jobs. Knowledge of programming is one example.
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which factor most increased the demand for enslaved labor in virginia?
Answer:
Virginia planters developed the commodity crop of tobacco as their chief export.
Explanation:
It was a labor-intensive crop, and demand for it in England and Europe led to an increase in the importation of African slaves in the colony.
which account is credited when manufacturing overhead is applied?
The actual overhead expenses as incurred are debited from the overhead account. The work-in-process account credits the overhead account for the overhead expenses incurred during production.
What is the manufacturing overhead account's credit side?Actual overhead expenses are debited from the manufacturing overhead account. When overhead is allocated to the particular jobs, it is credited. In the event where the debits and credits disagree, overhead was either overapplied or underapplied.
In manufacturing overhead, what does a credit balance mean?The manufacturing overhead account has a credit balance at the conclusion of the period, which means that too much overhead has been applied. Overapplication of overhead is defined as applying more overhead than is necessary. When overhead is applied, the manufacturing overhead account is typically credited.
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the most recent financial statements for mandy company are shown here: income statement balance sheet sales $ 19,200 current assets $ 11,760 debt $ 15,880 costs 13,050 fixed assets 27,450 equity 23,330 taxable income $ 6,150 total $ 39,210 total $ 39,210 taxes (24%) 1,476 net income $ 4,674 assets and costs are proportional to sales. debt and equity are not. the company maintains a constant 45 percent dividend payout ratio. what is the internal growth rate? (do not round intermediate calculations and enter your answer as a percent rounded 2 decimal places, e.g., 32.16.)
The internal growth rate of Mandy company is 9.44%.
How do we calculate our internal growth rate?The internal growth rate is the maximum amount of growth that a company can reasonably achieve without relying on outside funding.
Given that: We have 0.45 dividend payout ratio. Our retention ratio will be = 1 - 0.45 = 0.55
We need to calculate return on assets:
Data
Income before taxes 6,150
Total Assets = 11,760 + 27,450 = 39,210
Return on assets:
= Earning before Interest and Tax / Total assets.
= $6,150 / $39,210
= 0.156847743
Internal growth rate:
= (ROA * Retention ratio) / (1 - (ROA * Retention ratio))
= (0.156847743 * 0.55) / (1 - (0.156847743 * 0.55))
= 0.08626625865 / (1 - 0.0862662586)
= 0.08626625865 / 0.9137337414
= 0.09441071806
= 9.44%
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Answer: 9.44%
Explanation:
if your project requires monthly reports that iterate through very large amounts of data, which amazon elastic compute cloud (amazon ec2) purchasing option should you consider?
The most inexpensive solution for long-term workloads with predictable usage patterns is to use reserved instances.
Which of the following EC2 choices is fantastic for long-term workloads with predictable usage patterns?Reserved instances are the most within your means choice for long-term workloads with predictable usage patterns.
There are two performance modes: “General Purpose” performance mode is gorgeous for most file systems. “Max I/O” overall performance mode is optimized for purposes the place tens, hundreds, or thousands of EC2 cases are accessing the file system.
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brainly.com/question/30394771#SPJ4for the most recent reporting period, how much did nike's total revenues exceed its total expenses (in millions)? a. $44,538 b. $5,727 c. $19,962 d. $6,661
Nike's overall revenue for the most recent reporting period is (C) $19,962 greater than its total expense.
Profit is defined in the study of economics as the difference between the revenue generated by an economic entity's outputs and the sum of its input costs. Total income less total expenses, including both direct and indirect expenses, equals it. The corporation makes
when its revenues exceed its costs. Profitability has an impact on a business's ability to expand and attract investors to fund its operations. If a business is not making a profit, it cannot survive.
Profit after Inventory Costs Sold = Revenues - Cost of Sales
2021 is the most current reporting year.
Revenues = $ 44538
Cost of Sales = $ 24576
Profit = 44538 - 24576
Profit = $ 19,962
Hence the answer is Option C $ 19,962
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considering the differences between agile scrum and agile kanban, which is not correct? group of answer choices scrum tasks are time-boxed (limited in time), kanban tasks are not scrum is best suited for repetitive tasks (of known duration) kanban uses graphical boards to show task status scrum may require multi-skilled teams (cross functional), kanban does not
Kanban tasks are not time-boxed (restricted in time) like Scrum tasks. Scrum works best for routine chores (of known duration)
What are the differences between the agile methods Scrum and Kanban?Kanban approaches are continuous and more flexible than scrum, which is based on short, predetermined work sprints. A set of ideals and guiding principles known as agile serves as our compass. Teams working on operational tasks and software development can integrate and automate each other's activities using DevOps.
What fundamental differences exist between the Scrum methodology and the Kanban process? When is the kanban process superior to the scrum methodology?Scrum is most effective for workers who have a limited amount of time to focus on one or more crucial tasks. Scrum is great for fostering collaboration and giving prompt feedback on processes and outcomes. Kanban is a fantastic alternative for those who prefer measurements or who learn best graphically. Kanban is more relaxed and less rigid.
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which former cable television company had ceos who committed illegal accounting actions such as concealing self-dealing to their family?
A group-owned insurance company that is formed to assume and spread the liability risks of its members is known as a
Members own the liability insurance firms known as Risk Retention Groups . RRGs enable companies with similar insurance requirements to pool their risks and establish an insurance company operating in accordance with state regulations.
A group held insurance provider is what?A multi-organizational insurance firm called a supporter group captive is created and managed to cover specific risks for the membership enterprises.
What does risk sharing in healthcare look like?When businesses assign the risk to another party, the process is known as risk transfer or risk sharing. This can be seen frequently in the area of financial loss. For a nominal payment, the exposed organization can shift its risk of losing money to an insurance provider.
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how did the rapidly expanding railroads of this era contribute to the expansion of the american economy?
Railroads became a major industry, stimu-lating other heavy industries such as iron and steel pro-duction. These advances in travel and trans-port helped drive settle-ment in the western regions of North America and were integral to the nation's industrial-ization.
Busy railroads links stimulated the growth of cities, especially New York and Chicago, but also strategi-cally located towns like Buffalo; Cleve-land, Ohio ; Pittsburgh, Pennsylvania; and St. Louis, Missouri. The trans-portation system allowed Americans to take advant-age of the continent’s vast territory and natural res-ources, and to build an industrial economy on a nation-al scale.
The resulting growth in productivity was stag-gering.
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a haircut of 20% means that a. a bond with a market value of $100 is considered to be worth $80 when used to satisfy a collateral request b. a bond with a market value of $100 is considered to be worth $83.3 when used to satisfy a collateral request c. a bond with a face value of $100 is considered to be worth $80 when used to satisfy a collateral request d. a bond with a face value of $100 is considered to be worth $83.3 when used to satisfy a collateral request
A haircut of 20% means that a bond with a market value of $100 is considered to be worth $80 when used to satisfy a collateral request.
The price at which an asset would trade in a competitive auction environment is known as its market value, or OMV. Despite the fact that these phrases have different meanings under various standards and might have variations in some situations, market value is frequently used interchangeably with open market value, fair value, and fair market value.
Assets committed by a borrower to a lender (or creditor) as security for a loan are known as collateral. A house or a vehicle for an individual, manufacturing equipment, commercial real estate, or even something intangible (like intellectual property) for a corporation are all examples of items that borrowers typically seek credit for.
If a loan exposure is supported by collateral, it is referred to as a secured credit; otherwise, it is referred to as an unsecured exposure.
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meg's pension plan is an annuity with a guaranteed return of 6% per year (compounded quarterly). she would like to retire with a pension of $40,000 per quarter for 15 years. if she works 35 years before retiring, how much money must she and her employer deposit each quarter? (round your answer to the nearest cent.)
$45,000 money must she and her employer deposit each quarter.
What is Pension?
A pension is a fund that receives contributions from an employee while they are still working and from which payments are made to support the employee's retirement from work in the form of recurring payments. A pension can be either a "defined benefit plan," in which a predetermined amount is paid to a person on a regular basis, or a "defined contribution plan," in which a fixed amount is invested and becomes accessible once the employee reaches retirement age.
Some employees may be eligible to obtain a pension plan as a guaranteed payout when they retire. It is a retirement account that is financed over the course of a person's employment by either the company, the employee, or both.
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which onscreen form is used to record a vendor transaction when a payment is made at the time of purchase?
The onscreen form which is used to record a vendor transaction when a payment Is made at the time of purchase is the bill form.
What is the bill form?A Bill form records expenses paid for at the time the product or service is received via paying cash, check or credit card. An Expense form records services the company has received and must pay the vendor later. When recording an account payable, debit the asset or expense account to which a purchase relates and credit the accounts payable account.
When an account payable is paid, debit accounts payable and credit cash.
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Marius has been brought in as a consultant for a large organization. He is tasked with identifying the goals, policies, and action sequences the company should take to offset competitive challenges. Marius will be implementing operational management. transactional management. management by objectives. O process mapping. O strategic management.
Marius will be implementing Strategic Management because he is responsible for setting goals, policies, and actions.
Strategic Management: What Is It?
The management of an organization's resources to accomplish its goals and objectives is known as strategic management. Setting goals, assessing the external and internal environments of the firm, reviewing strategies, and ensuring that management implements the strategies across the organisation are all part of strategic management. Organizations that are flexible may find it simpler to modify their organisational structure and plans, whereas companies that are rigid may struggle in a changing climate. As a result, he will be putting a strategic management plan into action since he is responsible for setting goals, policies, and actions.
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question 5 of 10: you've had your money in a high yield money market account, earning 6.5% for one year. the rate of inflation was 5%. what is your true or real rate of return?
The true or real rate of return considering rate of inflation is 5% is 1.5%.
What is inflation?Price increases that eventually lead to a decline in buying power are referred to as "inflation." A unit of currency really has less purchasing power today than it did earlier due to price increases. The price of a single product may easily be tracked through time, but human needs go beyond the needs of just one or two things. People require a large array of commodities and services in order to live comfortably. They include products like food, metal, and fuel as well as services like labour, healthcare, and entertainment as well as necessities like power and transportation. The goal of measuring inflation is to ascertain the total impact of changes in price for a variety of goods and services.
Rate of return= 6.5%-5%= 1.5%
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a company had beginning inventories as follows: direct materials, $450; work-in-process, $650; finished goods, $850. it had ending inventories as follows: direct materials, $550; work-in-process, $750; finished goods, $950. material purchases, net were $1,700, direct labor $1,800, and manufacturing overhead $1,900. what is the cost of goods sold for the period?
The cost of items sold during that time was $5,100.
Cost of goods sold: What is it?The cost of goods sold, as its name suggests, is the cost of the things that have already been sold to customers. These expenditures are inventoriable but have already been expensed due to the fact that the related items have been sold to third parties. This is determined as ending inventory less the price of the goods that are on the market.
Beginning WIP $650
Direct Materials used $1,600
Direct Labor $1,800
Manufacturing OH $1,900
Ending WIP ($750)
=Cost of goods Manufactured $5,200
Note that the following is how direct materials consumed are calculated:
Beginning Direct Materials $450
Purchases $1,700
Ending Direct Materials ($550)
Direct Materials used $1,600
The price of made items is subsequently added to the inventory of finished goods:
Beginning Finished goods $850
Goods Manufactured $5,200
Ending Finished Goods ($950)
=Cost of goods sold $5,100
For the time period, the cost of products sold was $5,100.
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