Weeklyespresso Servings of Coffee 2,000 2,100 2,200 in recurring expenses $1,200 $1,200 $1,200 monetary considerations 440 462 484 Total cost: $1,640 $1,662 $1,684 Cost per cup served on average: $0.820, $0.791, and $0.765.
Italians make espresso by using 9–10 bars (900–1,000 kPa; 130–150 psi) of pressure to a very small volume of nearly boiling water (90–190 °C or 190–190 °F) that is blasted through finely ground coffee beans. Espresso can be made using a variety of coffee bean varieties and roasting intensities. Espresso is the most widely used coffee preparation technique in southern Europe, particularly in Italy, France, Spain, and Portugal. Other countries where it is well-liked include Switzerland, Croatia, Bosnia and Herzegovina, Bulgaria, Greece, South Africa, the United Kingdom, the United States, Canada, Brazil, Australia, and New Zealand. Compared to other forms of coffee, espresso frequently has a thicker viscosity akin to warm honey.
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For the purpose of allocating the transaction price to multiple performance obligations, if a stand-alone selling price cannot be directly observed, the seller should:______
For the purpose of allocating the transaction price to multiple performance obligations, if a stand-alone selling price cannot be directly observed, the seller should estimate the stand alone price by seeing all the things that maximizes the use of observable inputs.
Seller must apply different estimation methods which are consistent to similar circumstances of the not availability of stand alone price.
Different methods which can be used for estimating the stand-alone selling price of a good or service include the following:
Expected cost plus margin
Adjusted market assessment
Residual value.
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In theory, preparing the initial budget is the responsibility of the ––––––––––––– and the legislature. in practice, preparing the budget is primarily the responsibility of the ––––––––––––– .
In theory, preparing the initial budget is the responsibility of the governor and the legislature. in practice, preparing the budget is primarily the responsibility of the legislature.
An assembly with the power to enact laws for a political unit, such as a nation or city, is known as a legislature. They are frequently put in opposition to the government's executive and judicial branches. Primary legislation is the term used to describe laws passed by legislatures.
The total income available to spend should be the biggest consideration when planning a budget. It is a great way to track expenditures and also organises your finances. A budget is a plan that helps to make sure that one does not run out of money by ensuring a proper estimation of income and expenditures.
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The performance management approach that uses job performance evaluations to identify a company's best, average, and worst performing employees, using person-to-person comparisons, is known as
The performance management approach that uses job performance evaluations to identify a company's best, average, and worst performing employees, using person-to-person comparisons, is known as "forced ranking".
What is forced ranking?The contentious practice of "forced ranking," which grades employees against one another rather than against performance standards, is very popular in corporate America.
The problem with forced ranking are-
This can lead to a lack of motivation and disengagement among employees as well as unneeded internal competition that can harm collaboration, creativity, and innovation and divert attention from market competition.Although contentious, forced ranking systems are legal. Employers who choose to take action based on those rankings, however, run a number of legal dangers.The forced rankings beneficial from an employee perspective, here are reasons-
This system teaches a manager how to assess employees objectively with the right management training. When the management system needs to be improved or formalised, forced rankings are advantageous. An essential component of business is analysing trends and developments.To know more about example of forced ranking, here
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In general, neoclassical economists focus on aggregate ________ to help stimulate the economy?
In general, neoclassical economists focus on aggregate supply to help stimulate the economy. Neoclassical economics is a comprehensive school of thought that uses supply and demand to try to explain how products and services are produced, priced, consumed, and how money is distributed. It combines the marginalizm and utility maximization theories with the cost-of-production theory from traditional economics.
The work of economists like Stanley Jevons, Maria Edgeworth, Leon Walras, Vilfredo Pareto, and others is categorized as neoclassical economics. In the 1900s, neoclassical economics first appeared. Imperfect competition models entered neoclassical economics in 1933. The use of several novel techniques, such as marginal revenue curves and indifference curves, was made.
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Turn company utilizes the lifo inventory method to calculate taxable income. which method is available to turn for financial reporting purposes?
Turn company utilizes the LIFO inventory method to calculate taxable income. The method which is available to turn for financial reporting purposes is FIFO.
The Turn Company is a project management company which focuses on the year round oversight and execution of property turn and make ready contract services.
The Turn Company utilizes the LIFO inventory method in order to calculate taxable income. For most companies, FIFO (“First-In, First-Out”) method is the most logical choice since they use their oldest inventory first in the production of goods.
Suppose your inventory costs are going down, FIFO will allow you to claim a higher average cost per piece on newer inventory, which can help you save money on taxes.
Hence, the Turn company utilizes FIFO for financial reporting.
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An oligopoly where each firm believes that rivals will lower their prices in response to a price decrease, but will not change their prices in response to a price increase is called a
An oligopoly where each firm believes that rivals will lower their prices in response to a price decrease, but will not change their prices in response to a price increase is called a Sweezy.
Instead than collecting prices from the market, companies in an oligopoly determine pricing, whether collectively—in a cartel—or under the direction of one enterprise. As a result, profit margins are greater than they would be in a market with greater competition.Reduce their costs. Small enough for actions made by one firm to have a big impact on those made by other companies in the same industry.
What means oligopoly?An oligopoly is a market characterized by a small number of firms who realize they are interdependent in their pricing and output policies. The number of firms is small enough to give each firm some market power.
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Discuss libraries/modules in python. How do you use libraries/modules of interests in your project? how open source community/culture get benefits on this?
A Python library is a collection of modules and packages.
A Python library contains bundles of code that can be used repeatedly in different programs. Through this Python Programming becomes simpler and convenient for the programmer. As we don't need to write the same code again and again for different programs.
As Python is developed under an OSI-approved open source license which makes it freely usable and distributable, even for commercial use.
Python is an open source programming language that was made to be easy to read and powerful. In Python, a program called an interpreter runs Python code on almost any kind of computer.
Hence, the answer was given and explained above.
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If the owner plans to ________ a business, he or she should be removing all surplus cash and tightening the cash-to-cash cycle to the shortest time possible
If the owner plans to sell a business, he or she should be removing all surplus cash and tightening the cash-to-cash cycle to the shortest time possible.
The cash conversion cycle (CCC) is a metric that measures how long it takes a business to turn its investments in inventory and other resources into cash flows from sales, expressed in days.
This metric considers how long it takes to sell inventory, how long it takes to collect receivables, and how long it can pay its obligations without being penalized.
Based on the way businesses operate, CCC will vary per industry sector.
The idea is crucial for evaluating finance needs because it is used to calculate how much money is required to fund continuing operations.
Hence, If the owner plans to sell a business, he or she should be removing all surplus cash and tightening the cash-to-cash cycle to the shortest time possible.
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What would happen to the equilibrium price and quantity of lattés if coffee shops began using a machine that reduced the amount of labor necessary to produce them?
If the coffee shops began using a machine that reduced the amount of labor necessary to produce them then the equilibrium price of the lattes would decrease, and the equilibrium quantity of lattes would increase.
Production of lattes requires a quite amount of labor but, when coffee machines are used for the production of lattes, it will increase the production of lattes. Therefore when machines are used the production of lattes increases which inturn will lead to an increase in the supply of the lattes. By this the cost of producing lattes will decrease because of lower use of labor, the supply of latte production will also increase. By this, the supply curve for latte production will be shifted towards right which will lead to a decrease in the price of lattes and an increase in the quantity of lattes.
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Dr. rahman has made a career out of studying mercy killing and new surgical options to extend life. she is most likely interested in?
Dr. rahman has made a career out of studying mercy killing and new surgical options to extend life. she is most likely interested in bioethics.
What is Mercy killing?
This is the type of killing that is intended to help a person to ease out of their suffering and their pains by facilitating their death through the use of a lethal injection or by other means. This could be due to the fact that a person is suffering from an incurable disease and has made a request for this.
Bio ethics is everything that has to do with this type of killing. It has to do with the legal and the social issues that may arise in the medical and the biological field.
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Lin is an artist and is seeking financial backing for a series of culturally relevant murals in chicago. what would be his logical choice of a crowdfunding source model?
Lin is an artist and is seeking financial backing for a series of culturally relevant murals in Chicago. What would be his logical choice of a crowdfunding source model is Option A. a patronage model
What is a patronage model?Patronage is the aid, assistance, support, privilege, or financial aid that an organization or individual bestows on another. In the history of art, arts patronage refers to the support that kings, popes, and the wealthy have provided to artists such as musicians, painters, and sculptors.
Therefore, the correct answer is option A. a patronage model
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The complete question goes thus:
Lin is an artist and is seeking financial backing for a series of culturally relevant murals in chicago. what would be his logical choice of a crowdfunding source model?
A. a patronage model
B. a lending model
C. an investor model
D. a rewarding model
Burgers & brews, inc., files its articles of incorporation with the appropriate government agency. not likely to appear in the articles is the name of:_________
Burgers & brews, inc., files its articles of incorporation with the appropriate government agency. not likely to appear in the articles is the name of each shareholder.
Who is a shareholder?
This is the term that is used to refer to a person that has a substantial share in the company or ion a business.
Although the person has the share in the business, their names would not have to appear in the articles of incorporation of the business.
The person whose name is likely to appear here is that of the person that actually owns this business.
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When companies make false claims about how environmentally friendly their products are, has occurred?
When companies make false claims about how environmentally friendly their products are, greenwashing has occurred.
Environmentalist Jay Westerveld coined the term "greenwashing" in a critical essay in 1986. This was inspired by the irony of the "save towels" movement in hotels, which had little impact other than saving on hotel laundry costs. The idea came about because most consumers got their news primarily from television, radio, and print media, so they couldn't do fact-checking as they do now.
A typical example of greenwashing is when Volkswagen attaches "defective" devices to various vehicles and admits emissions testing fraud. The software detects when emissions are tested and modifies performance to reflect emission levels and reduce emissions.
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Jacoby Company received an offer from an exporter for 21,300 units of product at $17 per unit. The acceptance of the offer will not affect normal production or domestic sales prices. The following data are available: Domestic unit sales price $25 Unit manufacturing costs: Variable 13 Fixed 3 The differential revenue from the acceptance of the offer is a.$532,500 b.$894,600 c.$362,100 d.$170,400
Option d.$170,400 is the corect option.
Incremental Net income
Increamental Revenue $4,52,800
(28,300 X $ 16 Per unit)
Less: Variable Costs $3,11,300
(28,300 X $ 11 Per unit)
Less: Fixed Cost (Not taken because does not affect this due to accepting special orders) = $0
Total Net Revenue $170,400
Answer = d.$170,400
To determine the unit price of a product, you first need to calculate the total manufacturing cost of all items manufactured in a particular time period. Then divide the estimate by the number of items. The final number is the manufacturing cost of one unit.
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In the event an employee does defraud a customer, a company can reduce its liability in a number of ways, including?
The company can reduce its liability in several ways, including setting up a whistleblower hotline
What is a whistleblowing hotline?
Employees and others can use a whistleblowing hotline (also known as a whistleblowing system) to report workplace misconduct and illegal or unethical behavior. A telephone-based reporting service was historically referred to as a "whistleblowing hotline."
How effective are whistleblower hotlines?
Tips make up more than half of all fraud detection in businesses with an internal hotline, compared to only one-third in those without one. Notably, when a business doesn't provide a hotline, the likelihood of uncovering fraud "by mistake" more than doubles.
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a. The equality of MR and MC is essential for profit maximization in all market structures because if
The equality of MR and MC is essential for profit maximization in all market structures because if MR and MC are equal, any other output level will result in reduced profits.
What is profit maximization?This is when a firm or an organization is able to make profit from its produced. Profit maximization is the traditional approach and the primary objective of financial management.
When profit is maximized there is a high revenue which can be used for business expansion. Profit maximization is the core goal of every business that can be cons. It implies that every decision relating to business is evaluated in the light of profit.
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According to the law of supply,
Answer:
whats da question
Explanation:
Business cycles a are more volatile since the end of the Great Recession. b follow a pattern of trough, expansion, peak, and recession. c are predictable due to political upheavals and global markets. d are all identical in duration over the last century.
Business cycles b. follow a pattern of trough, expansion, peak, and recession.
What are business cycles?Business cycles have different stages and follow a certain pattern for the most part.
This pattern includes going through a trough (depression) and then an expansion, a peak, and then a recession which will lead to the economy declining in productivity.
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Milltown Company specializes in selling used cars. During the month, the dealership sold 13 cars at an average price of $14,100 each. The budget for the month was to sell 11 cars at an average price of $15,100. Compute the dealership's sales price variance for the month.
The dealership's sales price variance for the month is: $13,000 unfavorable.
Sales price varianceUsing this formula
Sales price variance=(Budgeted sales -Actual sales)× Numbers of cars
Let plug in the formula
Sales price variance=(15100 - 14100) x 13
Sales price variance=$13,000 unfavorable
Therefore the dealership's sales price variance for the month is: $13,000 unfavorable.
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To help promote purposeful action and sustained improvement, leaders must often assume the role of?
Leaders who want to help promote purposeful action and sustained improvement must assume the role of C) Coach.
Who is a coach?A coach is a leader who trains, organizes, and helps the team to improve performance and achieve goals.
A coach ensures that team members reach their potential, attain individual and team objectives, and receive guidance.
What is leadership?Leadership is all about guiding and influencing members to achieve organizational goals.
A leader should not become just a follower, superior, or coworker, but they should become coaches who influence actions and improvements.
Thus, to help promote purposeful action and sustained improvement, leaders must often assume the role of C) Coach.
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Question Completion with Answer Options:A) Follower.
B) Superior
C) Coach.
D) Coworker.
Which of the reasons to network is most important for high school students interested in hospitality?
o being a source of contacts to share with professionals
o developing friendships that may lead to business referrals
o gaining confidence in speaking with industry professionals
sharing specific products and services they can offer to others
The reason to network is most important for high school students interested in hospitality is C. gaining confidence in speaking with industry professionals.
Why is networking important in the hospitality industry?Networking in the hospitality industry gives one the chance to learn from the experience of professionals.
Without networking, students may find it difficult to interact with experienced professionals in the hospitality and tourism industry.
Networking in the hospitality industry helps the students interested in hospitality to:
Host parties.Attend social events.Form partnerships.Build strong brand awareness.Participate in a networking group.Utilize informal discussions.Create a robust social media presence.Reach out to industry professionals.Thus, students network to gain confidence with industry professionals.
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What are the business reasons behind john deere's offshoring of tractor production from the u. S. To other countries?
Reasons for shifting production to other countries John Deere is a global leader in the tractor market and its strategic objective is to expand rapidly outside of North America. One of the ways to expand globally is to make the product closer to the target market
Offshoring is the practice of a firm moving its service and production operations to a different nation. A corporation with American roots, John Deere is well recognised for assembling and producing agricultural tractors.
Samuel Allen, the company's CEO, predicts that Offshoring the company's tractor manufacture overseas will boost overall sales to $50 billion by 2018, with half of that amount coming from nations other than the US and Canada. Offshoring production would aid in growing the business to a worldwide scale in addition to boosting revenue.
Due to differences in time zones, the company's production processes and services would be available around the clock. The cost of manufacture would also be reduced by offshore tractor production.
The business would stop paying the costs of transporting tractors from the base production site to foreign nations. The need to exert more control, an effort to reduce risks, and a desire to concentrate on business development are some further justifications for outsourcing.
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Which situation would normally involve long-term financing? multiple choice expanding current inventory paying workers' salaries funding unanticipated emergencies purchasing production equipment
The situation that would involve long term financing would be purchasing production equipment.
What is long term financing?This is the term that is used to refer to the type of expenses that are preplanned over a long period of time before they are carried out.
These are unlike the other types that may involve one to carry out expenses immediately like in the case of emergencies.
When new production equipment are needed, the person would have to plan for it for a period of time before they would go ahead to carry out the purchase of the product.
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How the investment will affect your tax situation is referred to as consequences?
Answer: Tax
Explanation:
By raising the discount rate, the fed leads banks to make _________ loans to households and firms, which will _________ checking account deposits and the money supply.
By raising the discount rate, the fed leads banks to make fewer loans to households and firms, which will decrease checking account deposits and the money supply. In a discounted cash flow (DCF) analysis, the discount rate is the interest rate that is used to calculate the present value of future cash flows.
This aids in determining whether the cash flows from a project or investment will be more valuable than the capital expenditure required to fund it in the present. For instance, if an investor invests $1,000, they anticipate a 10% return after a year. In that instance, 10% should be used as the discount rate.
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Wang co. manufactures and sells a single product that sells for $420 per unit; variable costs are $231 per unit. annual fixed costs are $909,000. current sales volume is $4,220,000. compute the contribution margin per unit.
The contribution margin per unit is 4809.52.
What is the contribution margin?Contribution margin is the level of output at which revenue would equal zero.
Contribution margin = fixed cost / (price - variable cost)
909,000 / (420 - 231)
909,000 / 189 = 4809.52
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Direct labor and indirect labor are recorded, respectively, to: Multiple Choice Work in Process Inventory and Factory Overhead. Cost of Goods Sold and Work in Process Inventory. Work in Process Inventory and Finished Goods Inventory. Cost of Goods Sold and Finished Goods Inventory. Finished Goods Inventory and Work in Process Inventory.
Direct labor and indirect labor are recorded in work in Process Inventory and Factory Overhead. Option A is correct.
What is indirect labor?
Indirect labor are expenses incurred during manufacturing process which are not directly, some logistics cost can be here.
Direct labor are charged directly in production such as cost of resources. They are recorded in the company overall spending called overhead cost.
Therefore, Direct labor and indirect labor are recorded in work in Process Inventory and Factory Overhead. Option A is correct.
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When manufacturing overhead costs are assigned to production in a process cost system, they are debited to.
The manufacturing overhead costs assigned to production in a process cost system are debited to sales thereof.
Expenses have a debit balance. Manufacturing overhead costs are incurred when expenses are actually happen for the allocation of the asset ,work in progress etc.
Erstwhile the process cost system is the cost of total production incurred at the time of manufacturing for each unit of the product .
Manufacturing overhead costs are the costs attached with the value per unit manufactured. These are additional costs that are necessary and are attained while manufacturing.
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The accounting treatment for a lawsuit depends on: _________
a. the ability to estimate the amount of payment
b. the amount of time until the lawsuit is settled
c. the likelihood of payment
d. the type of contingency
Answer:
it depends on the ability to estimate the amount of payment
Knowledge engineers develop ________, which are programmed to make decisions in real-life situations.
Knowledge engineers develop expert system which are programmed to make decision in real-life situations. Expert systems were created in the 1970s by computer scientist Edward Feigenbaum, a professor of computer science at Stanford University and the creator of the Knowledge Systems Laboratory at Stanford.
A computer software known as an expert system use artificial intelligence (AI) techniques to mimic the decision-making and actions of a person or group of people who have knowledge and experience in a certain field. Expert systems are often designed to support human experts rather than to replace them. MYCIN was a backward chaining expert system that could identify various bacteria that could cause acute infections.
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