As production workers become better organized and more familiar with equipment, the average cost per unit tends to decrease with the accumulated production experience.
What is Accumulated production?
It refers to the gain a company experiences in producing a product over a period of time. Workers learn shortcuts, materials flow more smoothly, and procurement costs fall. The result is that average cost falls with accumulated production experience. This decline in the average cost with accumulated production experience is called the experience curve or learning curve.
Considering accumulated production experience, the decrease in average cost is classified as:
experience curve.learning curve.Therefore, we can conclude that the correct option is accumulated production experience.
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The process of determining the location, size, and boundaries of a parcel of property is called ______.
The process of determining the location, size, and boundaries of a parcel of property is called option A. survey. It is the means by which boundaries are measured by calculating the dimensions and area to determine the exact location of a piece of land.
Why does one needs a survey?Land surveys are ideal tools for determining property lines or boundaries and the location of a property's features. Without land surveys, there would be no means to determine where one piece of land ends and the other begins.
Therefore, the correct answer is as given above
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The complete question goes thus:
The process by which a parcel of land is measured and its area ascertained is known as what?
a. Survey
b. Schedule
c. A Property Line
d. Plot Plan
Create a project justification for Global Treps Running Case. Prepare a business case for the Global Treps project. Assume that the project will take six months to complete, use many volunteer hours, and cost about $130,000 for hardware, software, travel, and labor. Use the business case template provided on the Companion website for this text. Be sure to research information on the television show and events held by colleges and other groups, which have been sparked by the need for more successful entrepreneurs. Also visit DonorsChoose.org to see how that site operates and look into steps for forming a non profit organization.
It should be noted that a business case gives justification for undertaking a project or portfolio.
What is a business case?It should be noted that business case evaluates the benefit, the cost and risk of alternative options and gives a rationale for the preferred solution.
When writing a business case, it's important to always define the scope and include an executive summary, detailed information about finances, as well as.an overview of the project's structure.
Every member of the project team should contribute to the business case and the business case should be concise and only include relevant information
In conclusion, the business case provides decision makers, stakeholders and public for evidence based and transparent decision making.
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Complete question:
You and your team are continuing your work on the Global Treps Project. Your project sponsor, Dr. K. has asked you to refine the existing cost estimate for the project so you can evaluate supplier bids and have a solid cost baseline for evaluating project performance. Recall that your schedule and cost goals are to complete the project in six months for under $120,000. You planned to use up to $50,000 total to pay yourself and your team members, and your initial estimates were $30,000 for travel expenses, $20,000 for hardware and software, and $20,000 for organizing four events, including consultants, legal/business fees, etc.
A machine has a cost of $15,000, an estimated residual value of $3,000, and an estimated useful life of four years. The machine is being depreciated on a straight-line basis. At the end of the second year, what amount will be reported for accumulated depreciation?.
The amount in accumulated depreciation at the end of the second year: $6,000.
What is Depreciation?Long-term assets are used up gradually over their lives and this use needs to be expensed under the matching principle in the GAAP (Generally Accepted Accounting Principles). The way this is done is by using a method of depreciation to approximate the expense.
Formula :
Accumulated Depreciation = [tex]\frac{ Cost of Assets - Salvage/ Residual Value}{Life of the asset}[/tex] × [tex]No. of Year[/tex]
Given:
Asset Cost = $15,000
Residual Value = $3,000
No. Of Year= 2
SOLUTION-
We find the amount in accumulated depreciation by finding the depreciable value:
Depreciable Value = Asset Cost - Residual Value
Depreciable Value = $15,000 - $3,000
Depreciable Value = $12,000
Now, let's divide this by 2 to find the amount in accumulated depreciation at the end of the second year:
Accumulated Depreciation =$12,000 / 2 = $6,000
Hence, The amount in accumulated depreciation at the end of the second year is $6,000.
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• In Chapter 10, read the "Reading EnergyGuide Labels" section and complete
the following questions:
1. What types of products have an energy-efficiency rating (EER)?
2. Why might a consumer want to know the estimated yearly energy costs
for operating an appliance?
The types of products have an energy-efficiency rating (EER) are:
The EER is the cooling capacity (in British thermal units (Btu) per hour) divided by the power input (in watts).
Why might a consumer want to know the estimated yearly energy costs for operating an appliance?
Without energy monitoring, the customer will be unable to identify inefficiencies in their company or home and efficiently correct the issue.
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Answer:
1Air conditioners, heat pumps, furnaces, and boilers
2 Having the estimated cost allows a consumer to make intelligent cost comparisons over time with different models of a product.
Explanation:
trust me
During 2015 Lopez Corporation reported net sales of $3,200,000 and net income of $1,200,000. Its balance sheet reported average total assets of $1,600,000. Calculate the asset turnover.
The asset turnover is 2.4 times.
Asset turnover = Net sales \div Average total assets
Asset turnover = $3,000,000 \div [ $1,000,000 + $1,500,000 ] \div 2
Asset turnover = 2.4 times
Asset turnover is the ratio of total sales or revenue to average assets. This metric helps investors understand how effectively companies are using their assets to generate revenue. Investors use asset turnover to compare similar companies in the same industry or group.
In the retail sector, an asset turnover of 2.5 or higher may be considered good, but in the utility sector, a company is more likely to aim for an asset turnover between his 0.25 and 0.5.
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Steve Matthews, CFA, is a principal at Carlson Brothers, a leading regional investment bank specializing in initial public offerings of small to mid-sized biotech firms. Just before many of the IPOs are offered to the general public, Matthews arranges for 10% of the shares to be distributed to management of the firm going public. This action is a violation of the Standard concerning:
Steve Matthews, CFA, is a principal at Carlson Brothers, a leading regional investment bank specializing in initial public offerings of small to mid-sized biotech firms. This action is a violation of the Standard concerning fair dealing. This is further explained below.
What is fair dealing. ?Generally, "Dealing" with" copyrighted works without permission is a copyright user's privilege known as "fair dealing."
In conclusion, Carlson Brothers, a major regional investment bank specializing in initial public offerings of small to midsize biotech companies, has Steve Matthews, a CFA, as a partner. According to the Fair Dealing Standard, this is a breach of the law.
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Which problem is Arthur experiencing in the given example?
Arthur has been working for a company for three months. However, the company’s values are conflicting with his own. Since he does not fit in the organization’s culture, Arthur has started experiencing { blank }, which is manifesting as frustration and anger.
Answer:
Demotivation
Explanation:
Since Arthur has been working for 3 months and he is in a company where he is aware not knowing much about it, he is beginning to feel a lack of interest and passion about his work.
The problem that Arthur is experiencing in the given example is a cultural mismatch or cultural conflict with the organization. Since Arthur has been working for 3 months and he is in a company where he is aware not knowing much about it, he is beginning to feel a lack of interest and passion about his work.
When a person's personal values, beliefs, and behaviors diverge from the standards and conventions of the workplace or society, there is a cultural mismatch.
Arthur feels frustrated and enraged as a result of this cultural struggle. These unfavorable feelings most likely result from the discrepancy between his personal principles and the values upheld by the business. Feelings of being misunderstood, undervalued, or unable to fully contribute at work might result from this imbalance.
Therefore, it would be advantageous for Arthur to look into opportunities to address the cultural mismatch, such as finding common ground with coworkers, asking for support from supervisors, or pondering whether a different workplace might be a better fit for his personal goals.
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John Smith works 40 hours for ABC Corp. for $15 per hour. Required payroll deductions are: Social Security $37.20, Medicare $8.70, federal Income tax $58, and state income tax $10. What is John's net pay
Answer: 486.10
Explanation: 600-37.20-8.70-58-10=486.10
On December 1, Milka Inc. borrows $500,000 from the bank. Interest of 6% is due in six months. On December 31, Milka recognizes interest. As a result of this journal entry, Milka's balance sheet reports:
Milka's balance sheet reports: Interest payable for one month.
What is interest?The fee you pay to borrow money or the fee you charge to lend money is called interest.
Some features of interest are-
The fee paid for the privilege of borrowing money is called interest, and it is often stated as an annual percentage rate (APR). The compensation a lender or financial organization receives for giving out money is called interest.The most common way to represent interest is as a yearly percentage of the loan amount. The interest rate on the loan is known as this percentage.For instance, if you put money in a savings account, a bank will provide you interest.The three types of interest include -
simple (regular) interest: The daily interest rate, the principle, and the number of days between payments are multiplied to determine simple interest.accrued interest: The amount of interest accrued on a loan or other financial obligation as of a certain date that has not yet been paid back.compounding interest: The interest you earn on interest is known as compound interest. Simple math may be used to demonstrate this: If you have $100 and it generates 5% interest annually, you will have $105 at the end of the first year. You'll have $110.25 after the second year is over.To know more about the estimation of simple interest, here
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A(n) ________ is a business intelligence tool which extrapolates future values based on current trends.
A forecast worksheet is a business intelligence tool which extrapolates future values based on current trends.
When an individual makes a forecast, Excel generates a new worksheet with a table of the past and future values and a chart illustrating this information. You can use a forecast to predict things like upcoming sales, inventory needs, or consumer trends.
Business intelligence (BI) tools are designed to assist a person in identifying patterns in data and drawing conclusions from them so that he/she makes tactical and long-term business choices. The majority of the time, but not always, the apps read data that has previously been stored in a data warehouse or data mart.
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_________ are one of the five stages of questions in the ADAPT questioning system that do not seek conclusions but rather should address the buyer's company and operations, goals and objectives, market trends and customers, current suppliers, and even the buyer as an individual.
Assessment questions one of the five stages in the ADAPT questioning technique that doesn't seek conclusions but instead should talk about the buyer's business and operations, aims and objectives, market trends and customers, current suppliers, and even the buyer as a whole.
What questions are asked in an Adapt sequence?The five steps of the ADAPT questioning sequence should be identified and described. The five steps that make up this effective questioning sequence are assessment questions, discovery questions, activation questions, projection questions, and transition questions. These processes correspond to the acronym ADAPT.
What exactly are assessment questions?Employers utilize exams called talent assessment questions to assist them choose individuals who will be the best match for their organizations. Pre-employment exams are used by many big organizations to determine whether a candidate's personality, knowledge, work style, and abilities match the position being applied for or the company's culture.What is an assessment example?Historically, certain science departments have adopted national standardized tests. Oral exams, such as the one that is a component of the exit interview for feminist and gender studies (a mix of direct and indirect assessment) testing in a uniform language. more internal capstone-level tests.
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Nate works as a sales representative. His employment contract specifies that he cannot work for a competitor for a period of two years from employment. This is an example of Group of answer choices vagueness. extortion. ambiguity.
Nate works as a sales representative. His employment contract specifies that he cannot work for a competitor for a period of two years from employment. This is an example of ambiguity.
What is ambiguity in employment contract?
Ambiguity is used to explain a condition that is not permanent in a Job but that remain relevant within the period given.
It is to the disadvantage of the employer because if they term is bridged it may affect the business or company through leaking of vital company information.
Therefore,
Nate works as a sales representative. His employment contract specifies that he cannot work for a competitor for a period of two years from employment. This is an example of ambiguity
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Select ALL that apply. Which three statements accurately describe the effects of the economic policies on individuals
The three statements that describe the effects of those economic polices on individuals are:
Many African Americans had a difficult time getting Jobs because of all-white policies.Many farmers were bankrupt due to the overproduction.Many immigrants took low paying jobs, which led to a decrease in pay for all employees.What happened as a result of economic policies in the 1920s?The 1920s saw a continuation of Jim Crow laws which limited African American employment. More people also came into the nation as immigrants which led to lower pay as immigrants could be convinced to take lower paying jobs.
Farmers began to produce more than the market wanted and this, coupled with import tariffs on American goods, led to bankrupcy.
Options for this question include:
Many African Americans had a difficult time getting Jobs because of all-white policies.White men working in the car industries went bankrupt due to overextension of bank loans.Many farmers were bankrupt due to the overproduction.White men working in assembly lines were laid off due to new technological improvements.Many immigrants took low paying jobs, which led to a decrease in pay for all employees.Find out more on farming in the 1920s at https://brainly.com/question/883256
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________ is not one of the common pricing objectives
Return of Saving is not one of the common pricing objectives.
The majority of businesses aim to achieve a reasonable rate of return on investment.
⇒a set proportion of sales,
⇒returns on investment, or
⇒a set quantity of rupees.
The business designs its pricing strategies and policies such that sales income finally produces an average return on total investment.
For instance, a corporation seeks to get a 20% return on its $3 crore total investment. It needs to establish the product's price so that it can make 60 lakh rupees.
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Valuing cash flows with infinite growth in the dividend discount models (DDMs): a. cannot be calculated because growth to infinity is immeasurable b. may only be calculated if growth is 3.0% or less c. may not be calculated using any DDM unless growth is less than the discount rate d. will include the value of dividends received far in the future even though they may have PVs close to zero
Option C is correct. Valuing cash flows with infinite growth in the dividend discount models (DDMs may not be calculated using any DDM unless growth is less than the discount rate.
How do you value cash flows?In order to carry out the value of cash what a person has to do would be to get the present value of the cash in the flow and then add them up.
Hence the answer to the question that we have here is option C. Valuing cash flows with infinite growth in the dividend discount models (DDMs may not be calculated using any DDM unless growth is less than the discount rate.
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Once the break-even point is reached, the sale of an additional unit increases contribution margin by an amount that is ______ the increase in net operating income.
Once the break-even point is reached, Once the break-even point is reached, the sale of an additional unit increases contribution margin by an amount that is equal to the increase in net operating income.
What is break even?This refers to a point in which neither profit nor loss is attained by a business.
It is where there is no profit or loss is incurred by a firm hence you have to make just as much as what you are spending.
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Refer to Figure 2-2. Which of the following would most likely cause the production possibilities curve for breadfruit and fish to shift outward from AA to BB
(C) A major technological advancement would most likely cause the production possibilities curve for breadfruit and fish to shift outward from AA to BB.
What is the production possibilities curve?
A production-possibility frontier (PPF), production possibility curve (PPC), production possibility boundary (PPB), or transformation curve/boundary/frontier is a curve that depicts various combinations of the amounts of two goods that can be produced within the given resources and technology/a graphical representation of all the possible output options for two products that can be produced using all factors of production, where the given resources are fully utilized.A PPF exemplifies various economic concepts, including allocative efficiency, economies of scale, opportunity cost (or marginal rate of transformation), productive efficiency, and resource scarcity (the fundamental economic problem that all societies face).As the definition itself states, a production-possibility curve depicts various combinations of the amounts of two goods that can be produced within the given resources and technology graphical representation of all the possible output options for two products that can be produced using all factors of production.
Therefore, (C) a major technological advancement would most likely cause the production possibilities curve for breadfruit and fish to shift outward from AA to BB.
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The question you are looking for is here:
Which of the following would most likely cause the production possibilities curve for breadfruit and fish to shift outward from AA to BB in Figure 2-2?
a. a decrease in the labor force of the country
b. a sudden change in consumer preferences for more fish and less breadfruit
c. a major technological advance
d. a decrease in the capital stock
What is the fee schedule for these services, assuming that the goal is to cover only variable and direct fixed costs?
A schedule of fees is a list of costs associated with carrying out specific administrative tasks. The fee schedule is subject to modification at the commissioner's discretion and is to be made available on the website of the state land office.
The amount of product generated determines the fluctuation in variable costs. Raw materials, labor, and commissions are examples of variable expenses. Regardless of the level of production, fixed expenses stay constant. Lease and rental payments, insurance, and interest payments are examples of fixed costs.
Costs that change as the volume increases are known as variable costs. Raw materials, piece-rate labor, production supplies, commissions, shipping expenses, packing costs, and credit card fees are a few examples of variable costs.
Rent, lease payments, salary, insurance, property taxes, interest fees, depreciation, and possibly certain utilities are just a few examples of fixed costs. For instance, a new business owner would probably incur fixed costs at first for rent.
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n macroeconomics, the short run assumes that input prices are ______ while output prices are ______.
N macroeconomics, the short run assumes that input prices are inflexible while output prices are flexible.
Macroeconomics is the branch of economics that studies the performance, structure, behavior, and decision-making of the economy as a whole. For example, interest rates, taxes, and government spending are used to regulate economic growth and stability. This includes regional, national, and global economies.
Macroeconomics is the branch of economics concerned with the economy as a whole or its structure, performance, behavior and decision-making. His two main areas of macroeconomic research are long-term economic growth and short-term business cycles.
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In 2013, how much money did Tesla raise via common stock offerings, net of fees and expenses?a) $515.6 millionb) $410.1 millionc) $420.2 milliond) $355.0 million
Tesla was able to raise via $410.1 million from common stock offerings, net of fees and expenses to finance the business.
What was the finance for?As part of shareholder's capital, the fund was used by the firm to finance the vehicle innovations.
Hence, the firm called "Tesla" was able to raise via $410.1 million from common stock offerings, net of fees and expenses to finance the business.
Therefore, the Option B is correct.
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What features should you present when demonstrating 2023 murano’s confident cornering?.
Answer: Midnight Edition package,
Explanation: For 2022, Murano adds a new Midnight Edition package, with blackout front grille, lower fascia, exterior trim and special gloss black 20-inch aluminum-alloy wheels. It is available on Murano SV front-wheel and all-wheel models.
The Hamlet Company uses the periodic inventory system. Information for the current year is as follows:Sales $ 2,650,000Beginning inventory 680,000Purchases 1,200,000Purchase returns 12,000Ending inventory 740,000Hamlet's cost of goods sold for the current year is:
$1128000.
Net purchases=Purchases-Purchases returns
=(1,200,000-12000)=$1188000
Cost of goods sold=Beginning inventory+Net purchases-Ending inventory
=680,000+1188000-740,000
=$1128000.
A periodic inventory system is a form of inventory valuation where the inventory account is updated at the end of an accounting period rather than after every sale and purchase. The method allows a business to track its beginning inventory and ending inventory within an accounting period.
A perpetual inventory system inventory updates purchase and sales records constantly, particularly impacting Merchandise Inventory and the Cost of Goods Sold. A periodic inventory system only records updates to inventory and costs of sales at scheduled times throughout the year, not constantly.
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In the second half of 2019, automobile sales in the United States were lower than they were in the second half of 2018. The decrease in auto sales impacts GDP because new automobiles are counted as ________ when purchased by households and ________ when purchased by businesses.
he decrease in auto sales impacts GDP because new automobiles are counted as consumption when purchased by households and investment when purchased by businesses.
What is the impact of the decline in auto sales?Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Consumption spending includes spending by households on goods and services. Consumption spending includes :
spending on durables - e.g. laptop spending on nondurables - e.g. clothes, foodspending on services - e.g. payment of hospital billInvestment includes purchases of goods and services made by businesses in the production of goods and services
Here are the options:
investment; consumption
durable goods; nondurable goods
nondurable goods; durable goods
consumption; investment
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Each component of a(n) budget is based on or provides input for another component. (Enter only one word per blank.)
Each component of a(n) master budget is based on or provides input for another component.
What is budget?Budget can be defined as process of planning on how to spend an amount over a particular period of time.
Hence, master budget enables companies or organization to forecast or plan the amount of money they intend to spend over a specific period of time.
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The amount by which actual or expected sales exceeds break-even sales is referred to as.
The amount by which actual or expected sales exceed break-even sales is referred to as more accurate product costing.
A break-even analysis is what, exactly?Break-even analysis involves figuring out and looking at an entity's margin of safety based on the revenues received and related costs. The study, in other words, demonstrates how many sales are necessary to cover operating expenses.
The break-even analysis establishes the number of sales required to cover all fixed costs for the organization by analyzing various pricing levels in relation to various levels of demand. A demand-side study would provide a seller with important information about their selling capacities.
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You are considering the following two mutually exclusive projects. The required rate of return is 10. 75 percent for project a and 12 percent for project b. Which project should you accept and why?.
Project A because its NPV is about $796 more than the NPV of project B.
What is NPV?
The net present value (NPV) of an investment opportunity is a financial statistic that attempts to represent the overall worth of the opportunity. The concept of NPV is to project all of the future cash inflows and outflows connected with investment, discount all of those future cash flows to the present day, and then add them all together. The net present value, also known as net present worth, is applied to a sequence of cash flows that occur on various dates. The present value of a cash flow is determined by the time elapsed between now and the cash flow. It is also affected by the discount rate. The temporal value of money is accounted for by NPV.
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In a limited liability partnership, each partner's risk of losing personal assets is Multiple Choice limited to losses that result from his/her own acts and omissions and the acts and omissions of those who work under his/her supervision. unlimited. determined entirely by the maximum loss provision established by the articles of co-partnership. nonexistent.
In a limited liability partnership, each partner's risk of losing personal assets is determined entirely by the maximum loss provision established by the articles of co-partnership
What is limited liability partnership?This involves business partnership with individual that pursue the same goal and objectives.
The debt or owing is limited an not allow to spread beyond the financial commitment by the partners.
Therefore,
In a limited liability partnership, each partner's risk of losing personal assets is determined entirely by the maximum loss provision established by the articles of co-partnership.
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how does teaching job contribute in the development of our society
Answer:
It helps with new children coming into school
How might a company innovate in order to assist a customer with the execute step of a job, according to bettencourt and ulwick?
According to Bettencourt and Ulwick, We are all aware that people "hire" goods and services to complete tasks. Scalpels are used by surgeons to cut up soft tissue. To clean the filth off their hands, janitors hire paper towels and soap dispensers.
Deconstructing the task the customer is trying to do from start to finish can provide you a clear picture of all the areas where they could want extra assistance from a product or service, which is essential if you want to innovate.
Companies can examine the greatest shortcomings of the goods and services customers now use and find chances for improvement by using an approach called job mapping.
It entails breaking down the goal the client wants to achieve into the eight fundamental job steps.
It is well knowledge that individuals "rent" commodities and services to carry out tasks. Surgeons tear up soft tissue with scalpels.
Janitors use paper towels and soap dispensers to wash the grime off their hands. If you want to innovate, it's crucial to break down the process the consumer is attempting to do from beginning to end in order to get a clear image of all the areas where they could need extra help from a good or service.
Using a method known as job mapping, businesses can assess the biggest flaws in the products and services that customers now use and identify opportunities for improvement.
It requires dissecting the client's desired outcome into the following eight key task steps.
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A manager pays $300 per month every month for landscape services for his restaurant grounds. Which type of monthly other expense is the amount paid for landscaping
Controllable and fixed are types of monthly other expenses are the amount paid for landscaping.
What do you suggest through carrier landscape?landscape services way offerings that result in a capital improvement to land other than systems of any kind in any respect, together with seeding, sodding, or grass plugging of new lawns; planting timber, shrubs, hedges, flowers; and clearing and filling the land.
A landscape includes the bodily elements of geophysically defined landforms including (ice-capped) mountains, hills, water our bodies inclusive of rivers, lakes, ponds, and the sea, dwelling elements of land cover which includes indigenous flora, human factors which include distinct types of land use, buildings, and structures,
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