Burnem, Inc. manufactures blank CDs and sells them to a
distributor in packs of 500 CDs. Burnem's total cost and total
revenue (in dollars) for x packs of 500 CDs are given by the
following equations.
Answers
Burnem, Inc. manufactures blank CDs and sells them to a distributor in packs of 500 CDs. Burnem need to sell 441 packs to break even.
Let x be the number of packs Burnem need to sell to break even then
Total cost = Total revenue
5 x + 4851 = 16 x
=> 11 x = 4851
x = 441 packs
So Burnem need to sell 441 packs to break even.
The term "total cost" is used to describe the total cost of production, which includes both fixed and variable costs. The cost of producing a product is referred to as the total cost in economics. There are two components that make up the total cost: Cost per unit: The cost remains constant. In economics, total cost includes each factor of production's fixed or variable opportunity cost, or benefits received from the next best alternative. Marginal cost is the additional total cost of producing one more unit.
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Complete question as follows :
Burnem, Inc. manufactures blank CDs and sells them to a distributor in packs of 500 CDs. Burnem's total cost and total revenue (in dollars) for x packs of 500 CDs is shown below. Total cost = 5 x + 4851 and Total revenue = 16 x
How many packs of 500 CDs must Burnem sell to break even? x = packs
Related Questions
one consideration in choosing a marketing channel is profitability, which is determined by the margins earned for each channel member and for the channel as a whole. based on this information, which of these statements would be most accurate? The more responsibilities a channel member takes in terms of distribution, advertising, and selling expenses, the greater the potential for manufacturer profitability.The more responsibilities the manufacturer assumes relative to its channel members, the greater the potential for profitability.The extent to which channel members share costs determines the margins received by each member and by the channel as a whole.While channel members can increase profitability by taking on distribution and selling expenses, advertising expenses should always remain with the manufacturer if a firm is looking for the greatest profitability.Profitability is not related to the length or nature of the distribution chain but determined by the manufacturer.
Answers
The extent to which channel members share costs determines the margins received by each member and the channel as a whole statement is most accurate.
Which marketing method is most successful?
Email and newsletters are effective channels that B2B marketers can use. Brands can offer instructional materials with customers by using email marketing. This tactic has also worked well in the past. 32% of marketers predicted that in 2023 they would use email marketing to engage potential clients.
What qualifies as a channel for marketing?
Working with a third party to sell your goods or services is known as channel marketing. Compared to more conventional growth methods, it is a quicker and more productive strategy that can be beneficial to organisations of all sizes and in a variety of industries.
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Outline a specific strategy to implement stating how you will prevent this from
happening in the future.
Answers
rockin' radio has one hundred percent of the market share in the music industry. this means that this music business also has a lot of .
Answers
Rockin' Radio has one hundred percent of the market share in the music industry. This means that this music business also has a lot of market power. Thus, option B is correct.
What is market ?Markets are places where individuals, businesses, and industries transact, whether it be for the purpose of purchasing, selling, or providing services. They use it in order to make money.
Rocking radio is considered as having market power in the industries, all the shares are in the market and people are purchasing those shares at full capacity.
That also means that the business is having a profit margin. Therefore, option B is the correct option.
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The question is incomplete, the complete question will be:
Rockin' Radio has one hundred percent of the market share in the music industry. This means that this music business also has a lot of _____.
-fixed costs
-market power
-variable costs
Entry of new firms in monopolistically competitive industries can convey a positive externality on consumers because new products result in more consumer surplus. This externality is called the
Answers
The externality that occurs when the entry of new firms in monopolistically competitive industries leads to increased consumer surplus due to the introduction of new products is known as the "product-variety externality".
The product-variety externality is a type of positive externality because it benefits consumers who have a greater variety of products to choose from, which increases their utility or satisfaction. When new firms enter the market, they may introduce new products, variations of existing products, or improvements to existing products, which increases the overall variety of products available to consumers. This increased product variety provides more choices and allows consumers to find products that better match their preferences, increasing their consumer surplus.
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i need to come up with two different ways to solve the following pricing problem. let me know if you have any ideas on how to go about this. i have sketched out the problem on the back of the attached picture. consider this hypothetical: a trader has discovered a source of 1000 unique types of stamps which she can buy in bulk and then sell to a network of 100 merchants through an intermediary. no matter what type of stamp, she pays $1 for each stamp. each day, she can sell up to 100 bags of stamps (each bag containing one or more different stamps, with no limit on how many stamps can be in each bag), and she is paid the next day. unfortunately, the intermediary hides the prices of the individual stamps, and only tells the trader the per-bag price. in order to consistently turn a profit at a reasonable margin, it would be helpful to know which of the 1000 types of stamps are the most valuable, so she could sell bags with only the most valuable stamps. given 7 days to evaluate 1000 types of stamps using 100 bags/day max, how does she figure out which types of stamps are the most valuable? how about if the evaluation time was lowered to 5 or 3 days?
Answers
To solve the pricing problem for the trader to find the most valuable stamps within 7 days, two methods can be employed: 1) The Binary Split Method, and 2) The Sequential Method. The approach for 5 or 3 days will also be addressed.
1) The Binary Split Method: Divide the 1000 types of stamps into two equal groups of 500 each. On the first day, sell 50 bags with stamps from Group A and 50 bags with stamps from Group B. Compare the per-bag prices to determine which group has more valuable stamps. Continue to divide the groups in half until you reach a single stamp in each group. This method would work for the 7-day evaluation period but may not be suitable for 5 or 3 days.
2) The Sequential Method: Sell 100 bags on the first day, each bag containing 10 unique stamps. On the second day, replace the least valuable stamps with the next 10 stamps, and so on. Track the per-bag price changes daily and analyze which stamps cause significant price increases. This method allows you to evaluate all 1000 stamps within 7 days. However, for 5 or 3 days, you may need to increase the number of unique stamps in each bag or use a different strategy.
Both methods can provide valuable insight into the most valuable stamps, but the time constraint of the evaluation period may require adjustments to the approaches.
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The roles of ___, ___, and ___ are critical for managers in nonprofit organizations.
Answers
The roles of spokesperson, leader, and resource allocator are critical for managers in non-profit organizations.
What are management's responsibilities in non-profit organizations?The four main areas of planning, organizing, leading, and controlling are how management gurus have divided up management's tasks. The management of nonprofits requires special attention to each area.
How are non-profit organizations run?The nonprofit industry, by definition, works toward humanitarian ends. Because they lack formal hierarchies and managerial structures, many nonprofit organizations are loosely structured and frequently volunteer-driven.
Which managers are critical to advancing innovation?Middle managers are essential for fostering innovation and empowering businesses to adapt quickly to changing conditions. a manager who is in charge of a certain project at work that brings together staff from different levels and functions of the company.
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Melissa plans to become a nurse. What would be a good extracurricular activity for Melissa during high school? O A. O B. O C. O D. joining the cheerleading squad taking charcoal drawing lessons participating in gymnastics volunteering at a health clinic after school
Answers
Answer:
Volunteering at a health clinic after school
Explanation:
If Melissa plans on becoming a nurse, she should look for extracurriculars which could help support her in her future years. Volunteering at a health clinic could provide her with hands on experience opposed to cheerleading or charcoal drawing which are good for hobbies and fun activities. But if Melissa really has a passion to become a nurse she should look for extracurriculars which not only interest her but may be of benefit to her.
Initially, suppose Botoga uses 225,000 hours of labor per week to produce jeans and 675,000 hours per week to produce corn, while Doporia uses 675,000 hours of labor per week to produce jeans and 225,000 hours per week to produce corn. Assume there are no other countries willing to trade goods, so in the absence of trade between these two countries, each country consumes the amount of jeans and corn it produces
Answers
Over 50% of denim is produced in Asia, most of it in China, India, Turkey, Pakistan, and Bangladesh.
How should I put it?Botoga’s opportunity cost of manufacturing 1 pair of jeans is (1/2 bushel/ ¼ bushel/ 2 bushels/ 4 bushels) of rye, whereas Botoga’s opportunity cost is (1/2 bushel/ ¼ bushel/ 2 bushels/ 4 bushels) of rye. As a result, (Dolorium/Bellissima) has a comparative advantage in denim production, whereas (Dolorium/Bellissima) has a comparative advantage in rye production.
BusinessEconomics, When the two nations did not specialize, total weekly output of jeans was 23 million pairs, and total weekly production of maize was 68 million bushels.Denim is manufactured by twill weave. The blended denim fabric has a very good stretchability, comfortable wear. The denim fabric was introduced by Levis Strauss.
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Company x has monthly fixed costs of $100,000 and a unit variable cost of $50. how many units do they have to sell at $100 to break even?
Answers
Company X needs to atlest sell 2,000 units at fixed cost of $100 per unit to break even.
To calculate the break-even point, we need to determine the number of units the company needs to sell in order to cover its fixed costs.
Let's denote the number of units to be sold as 'x'. The total cost for the company can be expressed as:
Total Cost = Fixed Costs + (Variable Cost per Unit * Number of Units)
In this case, the fixed costs are $100,000, and the variable cost per unit is $50. The revenue earned from selling 'x' units at $100 per unit can be expressed as:
Revenue = Price per Unit * Number of Units
To break even, the total cost should equal the revenue:
Fixed Costs + (Variable Cost per Unit * Number of Units) = Price per Unit * Number of Units
$100,000 + ($50 * x) = $100 * x
Now, we can solve this equation to find the value of 'x':
$100,000 + $50x = $100x
$100x - $50x = $100,000
$50x = $100,000
x = $100,000 / $50
x = 2,000
Therefore, Company X needs to sell 2,000 units at $100 per unit to break even.
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Meadows manufacturing follows the accrual basis. An accrual results when ____________ and a deferral results when.
Answers
Answer:
Meadows manufacturing follows the accrual basis. An accrual results when $6,000 cash is received after a customer has been billed and a deferral results when $4,500 cash is paid for next quarter's insurance for property.
Explanation:
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Future value with periodic rates Man Johnsos delivers newspapers and is puting away $30 at the end of each quarter from his paper route collections Matt is 11 years old and will use the money when the goes to colege in 7 years. What will be the value of Mat's account in 7 years with his quarterly payments if he is eaning 6.5% (APR), 10.5% (APR) or 13% (APRI). What will be the value of Matrs account in 7 years with his quarterly payments if he is eaming 6.5% (APRY)?
Answers
The value of Matt's account in 7 years with quarterly payments will be $327.83 at a 6.5% APR, $386.82 at a 10.5% APR, and $416.29 at a 13% APR.
To calculate the future value of Matt's account with quarterly payments, we can use the formula for the future value of an ordinary annuity:
Future Value = P * [(1 + r/n)^(n*t) - 1] / (r/n)
P = Payment amount per period
r = Annual interest rate (in decimal form)
n = Number of compounding periods per year
t = Number of years
Given that Matt makes quarterly payments of $30, we can substitute the values into the formula:
For 6.5% APR:
P = $30
r = 6.5% = 0.065 (APR)
n = 4 (quarterly compounding)
t = 7 years
Future Value = $30 * [(1 + 0.065/4)^(4*7) - 1] / (0.065/4)
Future Value = $327.83
For 10.5% APR:
P = $30
r = 10.5% = 0.105 (APR)
n = 4 (quarterly compounding)
t = 7 years
Future Value = $30 * [(1 + 0.105/4)^(4*7) - 1] / (0.105/4)
Future Value = $386.82
For 13% APR:
P = $30
r = 13% = 0.13 (APR)
n = 4 (quarterly compounding)
t = 7 years
Future Value = $30 * [(1 + 0.13/4)^(4*7) - 1] / (0.13/4)
Future Value = $416.29
Therefore, the value of Matt's account in 7 years with quarterly payments will be $327.83 at a 6.5% APR, $386.82 at a 10.5% APR, and $416.29 at a 13% APR.
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Which of the following is not one of the benefits of using electronic slides as a visual aid
Answers
Answer:
B. It is difficult to record points made during a meeting on an electronic slide.
Alice Miller works for a paint manufacturer. She is paid 3% commission on her first $20,000 if monthly sales and 8% commission on all sales over $20,000. In March her sales were $54,500; in April, her sales totaled $47,300. What were the total commissions she earned for the 2 months?
Answers
Answer:
$6,144
Explanation:
sales commissions during March:
$20,000 x 3% = $600
$34,500 x 8% = $2,760
total = $3,360
sales commissions during April:
$20,000 x 3% = $600
$27,300 x 8% = $2,184
total = $2,784
if we add both months, then the total sales commissions earned by Alice = $6,144
During civil lawsuit proceedings regarding alcohol service, courts will try to determine if the
designated driver was present and remained sober. guest's BAC was checked throughout the evening. server recently attended proper alcohol training, server contributed to the injury.
Answers
Courts will attempt to ascertain if the designated driver was there and stayed sober throughout civil lawsuit proceedings over alcohol service.
A lawsuit is a legal action brought by one or more plaintiffs or claimants against one or more defendants. Only a limited number of laws from long ago that are still in force include the phrase "suit in law." The term "lawsuit" refers to a civil action that is launched by a plaintiff—a party who alleges that they have suffered loss as a result of the defendant's actions—and in which the plaintiff asks the court for either a legal remedy or an equitable remedy.
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crane corp. changes its inventory method from fifo to the weighted-average method. which items will be affected on the income statement? (select all that apply.)
Answers
Crane Corporation switches from the FIFO approach to the weighted-average method for managing its inventories. The income statement will be impacted by things such as net income, cost of goods sold, and earnings per share.
The main distinction between a weighted average and FIFO is that the weighted average approach utilizes average inventory levels to determine inventory value whereas FIFO uses the first acquired products to determine inventory value.
The FIFO technique is consequently better suited since it does not add the costs of the current period to those of the past period. But when using the weighted average method, costs from both the present and past eras are included. As a result, the suggested pricing is incorrect.
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Suppose that M = 300, P = 150, and Y = 6. Then the velocity of circulation equals A) 3.00. B) 2.00. C) 0.02. D) 0.50.
Answers
The equation for the velocity of circulation is V = (PY) / M. Substituting the given values, we get V = (150 x 6) / 300 = 3. Therefore, the main answer is A) 3.00.
The velocity of circulation is a measure of how quickly money changes hands in an economy. It is calculated as the ratio of nominal GDP (PY) to the money supply (M). In this case, we are given that M = 300 (presumably in some unit of currency), P = 150 (the price level), and Y = 6 (real GDP). We can use these values to calculate the velocity of circulation as V = (PY) / M. Substituting in the given values, we get V = (150 x 6) / 300 = 3. This means that on average, each unit of currency is being spent three times per year. This value can provide insight into the level of economic activity and inflation in an economy. Therefore, the detail answer is that the velocity of circulation is 3, and this indicates that money is changing hands relatively quickly in this hypothetical economy.
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which of the following is not one of the reasons a company might launch new competitive actions? group of answer choices to obtain first mover advantages to improve market position to find new sources of raw materials to capitalize on growing demand
Answers
One of the reasons a corporation could start new competitive measures is not to look for new raw material suppliers. Option 3 is Correct.
Three elements are required for the successful launch of new businesses or the adoption of new technologies: an entrepreneurial opportunity, the resources to explore the opportunity, and an entrepreneur or entrepreneurial team ready and motivated to take the endeavour on.
On the other side, if the concentration is significant and the top 'n' businesses control the market's output or services, the sector is referred to as oligopolistic or monopolistic. A person's nationality has no bearing on whether or not he is an entrepreneur. The expertise of an entrepreneur is affected by variables like education, and an entrepreneur's job experience aids in the operation of the company. Option 3 is Correct.
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Correct Question:
which of the following is not one of the reasons a company might launch new competitive actions? group of answer choices
1. to obtain first mover advantages
2. to improve market position
3. to find new sources of raw materials
4. to capitalize on growing demand
it is around labor day weekend. us open is in full swing. you know that this time of the year your demand for tennis racquets increases. how do your costs identified in part a change in this situation assuming you are increasing your lot size to meet the anticipated demand?
Answers
While the number of orders may stay the same, inventory holding costs rise with an increase in average inventory. As a result, overall costs rise.
The expenses incurred for keeping goods or inventory in a warehouse are known as inventory holding costs. Inventory that is kept on hand is a liability that reduces profit margins and raises operating costs for firms. Inventory holding expenses include rent for the facility, security fees, depreciation costs, and insurance.
An estimation of the worth or quantity of a certain commodity or group of goods over two or more specified time periods is known as average inventory. The median value of the same data set may differ from the average inventory, which is the mean value of an inventory during a specific time period.
About the weekend of Labor Day. US Open is currently underway. You are aware that your need for tennis racquets rises at this time of year so as a result, even if the number of orders may remain constant, inventory holding costs rise as average inventory levels rise. Costs as a whole increase as a result.
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In the housing market, binding rent control causes:
a. quantity supplied to fall and quantity demanded to fall,
b. quantity supplied to fall and quantity demanded to rise,
c. quantity supplied to rise and quantity demanded to fall,
d. quantity supplied to rise and quantity demanded to rise.
Answers
In the housing market, binding rent control causes quantity supplied to fall and quantity demanded to rise. In the housing market, binding rent control causes quantity supplied .
to fall and quantity demanded to rise. Rent control sets a legal maximum price that landlords can charge for rental units, which is often below the market equilibrium price. As a result, there is less incentive for landlords to supply rental units, which leads to a decrease in quantity supplied. However, the lower rental prices increase the demand for rental units, leading to an increase in quantity demanded. This imbalance between quantity supplied and quantity demanded can lead to shortages in the rental housing market.
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Who won the 2020 super bowl?
Answers
Answer: tom brady
Explanation:
just watch the super bowl
a.) $2894.71
b.) $2202.72
c.) $2330.20
d.) $2654.23
Answers
Now it's your turn. What do these examples inspire you to think about in terms of your own purpose?
How can you use your digital footprint to make a positive impact on the world? To begin answering
these very big questions, choose two of the brainstorming questions (one from each group) and write a
short response for each. When you're done, be prepared to share your ideas with a partner.
Brainstorming Questions
Response 1 Questions (Choose one)
1. What problems, either in your school or community, or in the world, are you concerned about?
Which ones do you most want to be solved?
2. What person, group, or event inspires you the most? Why? How could they or it be a model for your
own life?
3. What activities or experiences in your life have been the most enjoyable? Why do you think that is?
Response #1
I chose question #
Answers
Your online identity, uniqueness, and digital footprint are what define you as a person. Depending on what you do online, it develops your online reputation or impression.
Who, what, or what event most inspires you? Why? How could it or they serve as a role model for your life?Judith K. Rowling - No one can deny this British native's success, regardless of whether you're a Harry Potter fan or not. The estimated $15 billion valuation of the Harry Potter empire (yes, you read that correctly).
Many people are unaware of Rowling's difficult past, which occurred immediately before the publication of her books.
She wed, endured abuse, gave birth to a daughter, and then filed for divorce from her husband. She had to enroll herself on welfare in order to survive after losing her mother to MS.
Furthermore, every major British publishing business turned down the first Harry Potter novel. One ultimately said yes, and the business was off and running.
J.K. Rowling is an inspirational author because she uplifts kids, establishes strong female role models, and lends her creativity and generosity to charities and rising teenagers.
"Dwelling on dreams while ignoring the present is not healthy." J. K. Rowling
Even if everything is bad, there is still hope for improvement. There are obstacles at every turn, so keep going.
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The following events occurred last year at Dorder Corporation: Purchase of plant and equipment $ 45,000 Sale of long-term investment $ 24,000 Dividends received on long-term investments $ 9,000 Paid off bonds payable $ 12,000 Depreciation expense $ 32,000 Based on the above information, the net cash provided by (used in) investing activities for the year on the statement of cash flows would be: Multiple Choice $(32,000) $(69,000) $(12,000) $(21,000)
Answers
Answer:
$(21,000)
Explanation:
The computation of the net cash provided by (used in) investing activities is shown below:
Cash flows from investing activties
purchase of plant and Equipment = -$45,000
Sale of long term investment $24,000
net cash used by investing activities - $21,000
Hence, the last option is correct
What are the similarities and differences in the purchasing
functions at a for profit versus a not for profit organization?
Answers
Explanation:
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The ratio of the price of two goods on a graphed budget line is measured by its:.
Answers
There are lines in budget. The ratio of the price of two goods on a graphed budget line is measured by the slope of the budget.
What is a budget lineThis is regarded as a two-dimensional graph that shows the various choices one have between two goods given the money one have to spend. It is also known as budget constraint.
The ratio of the price of good X that is found on the horizontal axis to the price of good Y on the vertical axis is known as the slope of the budget.
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What is an appraisal? Why is it usually included in the closing costs for buying a home?
Answers
The procedure through which a real estate evaluator attempts to discover the fair market value of a home is called a home appraisal. They are frequently used to calculate property taxes, appraisals are typically required in regions.
What is the closing cost?Additional expenses and charges that must be paid at the end of a transaction in real estate that is not included in the property's purchase price is referred to as Closing cost.
A home appraisal is employed to determine a property's worth. Lenders impose these fees in exchange for approving your loan.
Prior to comparing a home to actually acquired properties in the local housing market, licensed real estate evaluators to look at its features and state.
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Use the following data to answer the questions below:
Consumption $400 billion
Depreciation 24
Retained earnings 16
Gross investment 40
Imports 50
Exports 60
Net foreign factor income 14
Government purchases 70
Instructions: Enter your responses as whole numbers.
(a) How much is GDP?
$ billion
(b) How much is net investment?
$ billion
(c) How much is national income?
$ billion
Answers
(a) GDP is $534 billion.
(b) Net investment is $16 billion.
(c) National income is $376 billion.
Gross Domestic Product (GDP) is the total value of all final goods and services produced within a country's borders in a specific period. To calculate GDP, we need to consider several components, including consumption, investment, government purchases, and net exports.
Given the data provided:
Consumption = $400 billion
Depreciation = $24 billion
Retained earnings = $16 billion
Gross investment = $40 billion
Imports = $50 billion
Exports = $60 billion
Net foreign factor income = $14 billion
Government purchases = $70 billion
To calculate GDP, we use the formula:
GDP = Consumption + Gross Investment + Government Purchases + Net Exports + Net Foreign Factor Income
Substituting the given values, we have:
GDP = $400 billion + $40 billion + $70 billion + ($60 billion - $50 billion) + $14 billion
Simplifying the calculation, we get:
GDP = $534 billion
Net investment represents the change in the value of the capital stock over a specific period. To calculate net investment, we subtract depreciation from gross investment:
Net Investment = Gross Investment - Depreciation
Net Investment = $40 billion - $24 billion
Net Investment = $16 billion
National income represents the total income earned by individuals and businesses in the country. It is calculated by subtracting net foreign factor income (income earned by domestic factors of production from abroad) from GDP:
National Income = GDP - Net Foreign Factor Income
National Income = $534 billion - $14 billion
National Income = $376 billion
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A firm with a 14 wacc i evaluating two project for thi year' capital budget. After-tax cah flow, including depreciation
Answers
A key idea in capital planning is depreciation. This is so that the cash flows are not affected, even if it is a non-cash item. It is re-added during cash flow calculations for this reason.
We still have the amount of depreciation in cash because it never truly took the shape of costs and left our bank account. Therefore, it would seem at first glance that depreciation had no impact at all. First, we subtracted it from the income statement's net income calculation. The effect was then cancelled out by adding the same amount back when calculating cash flows. Depreciation, though, involves more than that. Indirect effects of depreciation can be seen in cash flows. In this article, the same impact has been discussed. Depreciation is a legitimate non-cash cost. Depreciation, however, is tax deductible. Therefore, the quantity of taxes we pay is influenced by the amount of depreciation we pay. Remember that we subtract depreciation and amortisation when computing net income.
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Underapplied overhead occurs when the balance in the Manufacturing Overhead Control account is Multiple Choice greater than the balance in the Applied Manufacturing Overhead account less than the balance in the Applied Manufacturing Overhead occount less than the balance the Finished Goods Inventory account ou to the balance in the Applied Manufacturing Overhead account
Answers
Underapplied overhead occurs when the balance in the Manufacturing Overhead Control account is greater than the balance in the Applied Manufacturing Overhead account.
This means that the actual overhead costs incurred in the manufacturing process were higher than the overhead costs that were applied to the production activities. This can happen due to various reasons such as unexpected increases in the cost of raw materials, higher utility bills, or inefficiencies in the production process. Underapplied overhead results in an increase in the cost of goods sold and a decrease in the gross profit margin. Therefore, it is important for manufacturers to monitor their overhead costs and ensure that they are accurately applying the overhead to their production activities.
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John works as a website designer and for a fee will perform tasks that help clients create or redesign their websites. In other words, John is providing what for each client?
A) a deficit
B) an export
C) an import
D) a service