For a 13-person team, The number of extra workers that should be hired to meet the labor hours needed without overtime is 7.
What is Labor hours?This is a term that connote the total hours of workers that are said to be having or getting an hourly wage and they are the ones who are said to be directly employed on the site of a building, public works project, etc.
Note that "Labor hours" is one that entails hours of work that has been carried out by workers who have been employed by the general contractor or the subcontractors that are found to be working on the project.
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Alanco, inc. Manufactures a variety of products and is currently manufacturing all of its own component parts. An outside supplier has offered to sell one of those components to alanco. The controller has asked you to help evaluate this offer to determine if the company should make or buy the component. Use the information included in the excel simulation and the excel functions described below to complete the task.
Without the excel simulation, the make-or-buy decision can be determined for Alanco, Inc. as follows:
Make Buy Difference
Direct materials per unit $4.00
Direct labor 6.00
Variable manufacturing
overhead 2.00
Total variable costs $12.00
Traceable fixed overhead 5.00
Total relevant costs $17.00 $21.00 $4.00
Additional cost of buying the component parts = $4,800 ($4 x 1,200)
Thus, Alanco, Inc. should continue to make the parts, as it is more cost-effective than buying from the outside supplier.
What is a make-or-buy decision?A make-or-buy decision is a financial decision that decides if a product or part should be manufactured in-house or bought from outside suppliers.
The making of a make-or-buy decision depends on the relevant costs.
Question Completion:Make Buy
Direct materials per unit $4.00
Direct labor 6.00
Variable manufacturing
overhead 2.00
Total variable costs $12.00
Traceable fixed overhead 5.00
Total $17.00
Fixed manufacturing
Common 8.00
Total costs $25.00 $21.00
Thus, the make-or-buy decision shows that Alanco, Inc. should continue to make the part instead of buying from the outside supplier.
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Chelsea’s manager sent her an email asking to meet, for an unspecified reason, the following friday. Upon reading this email, chelsea remembered a situation six months prior when her manager sent such as email to another team member. During that meeting, the team member was laid off from the organization. Based on this recollection, chelsea is extremely worried about the upcoming meeting with her boss. Which type of bias is being represented?.
The type of bias which is being represented is:
Representative biasWhat is Representative Bias?This is a type of bias which has to do with the similarity of events and a belief that such an action would repeat.
With this in mind, we can see that because Chelsea has a fear of being sacked because there was a similar situation six months ago when a colleague was sacked, then this is a Representative bias
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Subsistence agriculture is always characterized by.
Answer: subsistence farming.
Explanation: A form of farming in which nearly all of the crops or livestock raised are used to maintain the farmer and the farmer's family, leaving little, if any, surplus for sale or trade.
Question 3 (3 points)
Advertising the product or service is a part of the
function. Choose the
answer.
promotion
distribution
information management
O pricing
Answer:
promotion
Explanation:
its broadcasting the product getting customers
A company had beginning inventory of 5 units that cost $10 each. During the month, 15 units were purchased for $11 each. The company sold 12 units during the month and had 8 remaining in ending inventory. If the company uses FIFO to calculate cost of goods sold, then its gross profit will be $5
It is true that the gross profit will be $5, If the company uses FIFO to calculate cost of goods sold.
What is FIFO?First-in, first-out (FIFO) is a valuation method in which the assets produced or acquired first are sold, used, or disposed of first.
Under First in First out method, items that were purchased first will be availed for sale first. In this case, the opening stock of 5 at $10 items will be sold first. An additional 7 units will be required from the next batch of purchases at $11.
The costs of the first 12 units will be
= (5 x 10)+ (7 x 11)
= 50 +77
= $127
With LIFO, the items acquired last will be sold first. In this case, the 12 items sold will come the batch of 15 purchased at $11 in the months
Using LIFO, the cost of goods available for sale.
= 12 X $11
= 132
The difference is the costs of goods available for sale is $ 5, with FIFO having a lower cost. It means FIFO profits will be $5 more.
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Edria was faced with a situation in which she was given sensitive information about twenty different clients, including their social security numbers and bank statements. Which trait does Edria have that prevents her from selling the sensitive information? creativity logic integrity independence.
The trait that Edria has that prevents her from selling sensitive information is integrity.
What is integrity?Code integrity is a threat security dimension that contains the manipulators and system files on the device for signs of breakdown or hostile software.
The fundamental manner of the integrity threat is changing messages/signals or media after precluding them in the center of the web.
For code integrity to work on your device, another security feature called Secure Boot must be enabled.
In the above case, Edria was encountered with a condition in which she was provided sensitive details about 20 different clients, considering the social security numbers and the bank statements.
The integrity on edge helps Edria to solve the condition by having sensitive information about the clients.
Therefore, option C is correct.
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Answer:
C. Integrity
Explanation:
Edge
If the price of apples decreases by 2 percent and causes apple consumption to increase by 4 percent, the price elasticity of demand is ____, indicating the demand is ____.
If the price of apples decreases by 2 percent and causes apple consumption to increase by 4 percent, then the elasticity of demand is 2 and the demand is elastic.
What is Price Elasticity of Demand?This refers to the ratio of percentage change in the demanded quantity of a good in relation to the change in price.
Hence, we can see that because the price of apples decreased by 2%, then apple consumption increased by 4% which means that the elasticity of demand is 2 and the demand is elastic.
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some of the information you can expect to find on a credit report.
Answer:
That will be the types of accounts for example, a credit card, mortgage, student loan, or vehicle loan, the date those accounts were opened, your credit limit or loan amount, account balances, and your payment history.
Explanation:
Hope this helped :)
____1. The process of coordinating and overseeing the work performance of individuals working together in organizations, so that they could efficiently accomplish their chosen aims or goals.
a. administration c. leadership
b. governance d. management
Perfect Pasta plans to open five new stores before 2018. However, if the economy does not improve and if consumer confidence does not rise as hoped, it might open just two stores. This backup plan is an example of a(n) ________ plan
If a company employs the gross method of recording accounts receivable from customers, then sales discounts taken should be reported as:.
You own a store in Simpsons Square Mall. Items in the compactor should weigh no more than
10 pounds
20 pounds
40 pounds
50 pounds
60 pounds
Explanation: From a similar question like this, I believe the answer is 40
Every year the hospitality and tourism industry spends less and less on sales promotion.
O False
O True
Answer:
false
Explanation:
The ability to obtain intellectual properly protection on key aspects of the business is most likely an issue related to ___________ .
PLEASE ANSWER FAST
Answer:
resource sufficiency
Explanation:
Resource sufficiency refers to an ability for a certain business to get enough resources that they need to scale their operation. Obtaining intellectual property is one of the way that a business can get to secure resource sufficiency.
Intellectual property can be used to prevent other businesses to make a similar product as you. This will eliminate the competitions and cut down the amount of money that you need to spend on marketing. In the end this will resulted in higher amount of capital that can use to scale the businesses.
Fancy Nails has an estimated cost for supplies of $0.75 per manicure. June's budget was based on 2,400 manicures and a total cost for supplies of $1,800. June's actual activity was 2,500 manicures. The actual cost of supplies in June was $2,000. Calculate the spending variance for June.
Assuming the actual cost of supplies in June was $2,000, the spending variance for June is $125 U.
Spending varianceUsing this formula
Spending variance=Flexible budget-Actual activity
Let plug in the formula
Spending variance=($0.75 x 2,500 manicures)- $2,000
Spending variance=$1,875 - $2,000
Spending variance = $125 U
Inconclusion the spending variance for June is $125 U.
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The product Blank______ is the complete set of all products and services offered by a firm. Multiple choice question. width line category brand mix
The product mix is the complete set of all products and services offered by a firm.
What is a product mix?This is a term that is used to group all of the services or the products that is offered by a company or firm to their customers.
The product mix usually involves more than just one service or product. It is usually made up of two or more.
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(Easy) Select the correct answer. Under which market structure does a firm have negligible influence over product pricing? {P!a+0}
A. perfect competition
B. monopoly
C. oligopoly
D. monopolistic competition
E. command economy
A company purchased $1,800 of merchandise on July 5 with terms 2/10, n/30. On July 7, it returned $200 worth of merchandise. On July 28, it paid the full amount due. Assuming the company uses a perpetual inventory system, and records purchases using the gross method, The correct journal entry to record the purchase on July 5 is: _____________
a) Debit Accounts Payable $1,800; credit Purchase Returns $200; credit Merchandise Inventory $1,600.
b) Debit Accounts Payable $1,800; credit Merchandise Inventory $1,800.
c) Debit Merchandise Inventory $1,800; credit Accounts Payable $1,800.
d) Debit Merchandise Inventory $1,800; credit Sales Returns $200; credit Cash $1,600.
e) Debit Merchandise Inventory $1,600; credit Cash $1,600.
Based on the purchase details by the company, the correct journal entry to record the purchase on July 5 is c) Debit Merchandise Inventory $1,800; credit Accounts Payable $1,800.
Why is this the correct journal entry?On July 5, the amount that was purchased was still $1,800. Nothing had been returned yet. The amount that will be debited to Merchandising as an asset will therefore be $1,800.
The Accounts Payable account will be credited the same amount to reflect that the company owes money for the purchase.
In conclusion, option C is correct.
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A borrower can obtain an 80 percent loan with an 8% interest rate and monthly payments. The loan is to be fully amortized over 25 years. Alternatively, he could obtain a 90 percent loan at an 8.5% rate with the same loan term. The borrower plans to own the property for the entire loan term.
a. What is the incremental cost (%) of borrowing the additional funds? (Hint: the dollar amount of the loan does not affect the answer)
b. How would your answer change if two points were charged on the 90 percent loan?c. Would your answer to part (b) change if the borrower planned to own the property for only ve years?
Answer:
(a) 12.26037049%
(b) 15.34868967%
(c) 17.9626%
Explanation:
(a)
= [tex]RATE(12\times 25,PMT(\frac{8.5 \ percent}{12} ,12\times 25,1\times 90 \ percent)-PMT(\frac{8 \ percent}{12} ,12\times 25,1\times 80 \ percent),1\times 90\ percent-1\times 80 \ percent)\times 12[/tex]
= [tex]12.26037049[/tex]%
(b)
= [tex]RATE(12\times 25,PMT(\frac{8.5 \ percent}{12} ,12\times 25,1\times 90 \ percent)-PMT(\frac{8 \ percent}{12} ,12\times 25,1\times 80 \ percent),1\times 90 \ percent\times (1-2 \ percent)-1 \times 80 \ percent)\times 12[/tex]
= [tex]15.34868967[/tex]%
(c)
= [tex][RATE(12\times 5,-PMT(\frac{8.5 \ percent}{12} ,12\times 25,1\times 90 \ percent)+PMT(\frac{8 \ percent}{12} ,12\times 25,1\times 80 \ percent),-1\times 90 \ percent\times (1-2 \ percent)+1\times 80 \ percent],-[FV(\frac{8.5 \ percent}{12} ,12\times 5,PMT(\frac{8.5 \ percent}{12} ,12\times 25,1\times 90 \ percent),1\times 90 \ percent)]+[FV(\frac{8 \ percent}{12} ,12\times 5,PMT(\frac{8 \ percent}{12} ,12\times 25,1\times 80 \ percent),1\times 80 \ percent))\times 12][/tex]= [tex]17.9626[/tex]%
Note: percent = %
what did the angel reval to the students
Answer:
The angel revealed to the students that they had to attain divine wisdom so they could share what they learned later in life.
Explanation:
This is from the poem Did I Miss Anything by Tom Wayman, a modernist poet is all about the frustration of a teacher who has frequently been asked by the absent students, “Did I Miss Anything”.
The tone of the poem is angry, sarcastic and humorous. Each stanza in the poem begins with Nothing and Everything. Both the words are complete in themselves and represent the tone of the poem.
the explanation of the poem by stanza-
Stanza 1
The poet begins by saying, “Nothing” and adds that he has missed nothing as they (teacher and students) realized that he (the absentee) was not there and hence they were sitting quietly for two hours. with their hands on the desks. It is a kind of sarcastic answer.
Stanza 2
In the next stanza, the teacher’s anger comes out. He tells the absentee that he taught the lessons which covered 40% of the term syllabus and also assigned the students a quiz which is worth 50% of the term paper’s marks.
Stanza 3
The tone again shifts to sarcasm. According to the teacher, he (student) missed nothing as the course has no values or meaning. So he should remain absent as all the activities that take place in the class have no purpose for himself as well as for the absentee.
Stanza 4
In the 4th stanza, the poet says that shortly after he began teaching an angel just appeared that told about the ways to attain wisdom for the life and also that this is the last class after which they will have to spread the good news to the world.
This stanza is a satire on the religious faiths like Christian and Jewish religious practices and beliefs. It was believed that angels descend from the sky to impart knowledge to the clergy who afterwards spread that message (good news) to the commoners.
Stanza 5
The tone again reverts to sarcastic. the teacher asks the student how anything can happen in the class without him (student) being present there.
Stanza 6
In the final stanza, the teacher says that the classroom is a world full of human experiences which were assembled for him (student) to grab, examine and understand. It was an opportunity which he has lost now.
Ethical business strategies ______. Multiple choice question. require highly paid management to be sustained typically arise from managers with strong moral characters can usually be sustained in a company with minimal effort. usually contain some ethically questionable components
Ethical business strategies typically arise from managers with strong moral characters.
What is Ethics?
This refers to the moral principles which guide the behavior of either an individual or a corporation.
Hence, we can see that when the issue of an ethical business strategy comes up, one can note that they are usually brought up by managers who have strong moral characters.
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Which of the following could be a demand determinant of cell phones?
Government increases regulations on cell phone manufacturers.
A new model of smart phones is released in the market.
Japanese touch screen factories are destroyed in an earthquake.
Government increases taxes on cellular phone production.
Answer:
A new model of smartphones is released in the market.
Explanation:
The option that could be a demand determinant of cell phones is when a new model of smartphones is released in the market.
The demand for a product is generally affected by the availability or otherwise of one or more substitute products. That is, products that can offer somewhat the same satisfaction to consumers.
Hence, when a new smartphone is released into the market, the demands for cell phones are generally affected and each cell phone's demand curve changes accordingly.
There are different determinants of demand. The demand determinant of cell phones is when a new model of smart phones is released in the market.
There are different factors that affects the demand for cell phones. They includes; price, product features, relative advantage, convenience, compatibility, brand name etc. All these factors influence consumer intension to purchase cell phone.The mobile phone market is said to be elastic and as such if prices go up fewer people would buy new phones and fewer people would upgrade their existing phones.
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The majority of women in the workforce work in technical, sales, and administrative support. please select the best answer from the choices provided t f
The majority and most of the women in the workforce work in Sales, technical, and administrative support is correct.
Why are women majorly working in these departments?Technical, sales and administrative support are where women are mostly placed and it is a reason that they are very empathetic and good with human relations.
Therefore, it is a true statement.
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PLS THIS IS FOR ECONOMICS!
I WILL MARK BRAINLIEST!
A corporation is looking to take advantage of market conditions and begin expanding as soon as possible. To do so, the company
requires cash to purchase new buildings, machinery, and other capital goods. What should the directors keep in mind as they consider
the type of funding to pursue? (1 point)
OInvolving a financial intermediary will likely make borrowing more expensive.
O Financial intermediaries will likely offer disappointingly low interest rates.
O Wild swings in prices on the primary market make indirect financing more risky.
OThe amount of possible funding from a financial intermediary is likely limited,
under equity funding, there are three types of funding which are Venture Capital funds, Private Equity funds, and Angel Investors. While looking for the right types of funding and investors, the company should raise funds from firms that have both the extensive network and subject matter expertise in the industry.
Explanation:
Defend or critique the following statement, using supporting evidence: “Getting to work early on your first day at a new job is the best way to impress your boss.”
Answer:
Dressing well, being prepared, having a positive attitude, arriving early for work and asking good questions.
Explanation:
Answer:
^^that one is right, its the sample answer
Explanation:
True or False: Bonds tend to be high-risk investments.
Garrett works with the Construction Manager on the job site. Garrett makes sure everything is up to code in the new building. Garrett is a(n) Construction Laborer. Operating Engineer. Building Inspector. Cost Estimator.
The job of the building inspector is to keep a check on the undertaking of activities in a righteous manner. Garrett can be referred to as a Building Inspector.
What are the duties of a building inspector?
A building inspector is such a person who is required to keep a rigorous check on the compliance related to the new construction in the surroundings it is being built in.
Not just this, a building inspector is also required to assess whether the national building codes are followed up to the mark in the construction of a building.
In the above example, Garrett is seen assisting the construction manager on the job site to make sure whether everything is up to the building codes in the new building, and thus he follows the duties as that of an inspector.
Hence, option C; Garret who makes sure everything is followed up to the codes in the new building is a Building Inspector.
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{Easy} Risks are a part of any business, What type of risks are faced by the entrepreneurs below? Ryan's employees work in a coal mine that carries risk of injury. This is a(n) _____ risk. Angie's restaurant is located in a flood zone. This is an)____
risk.
Options 1
*External
*Uncontrollable
*Internal
Option 2
*Internal
*External
*Controllable
Answer:option 1: internal
option2: external
Explanation:
i took the test
Answer: 1: internal
2: external
Explanation: took the test
The Jones Jewelry company has located the design and production of its jewelry operations offshore; the jewelry is being produced in Bangladesh. As a result, Jones Jewelry is exposed to all the following risks EXCEPT risks from _______.
As a result of Jones Jewelry locating the design and production of its jewelry operations offshore while producing in Bangladesh, Jones Jewelry is exposed to all the following risks EXCEPT risks from A. highly uniform quality standards.
What are the risks faced by multinational companies?The risks faced by multinational companies include:
Institutional failuresCrimePolitical instability and violence (geopolitical conflicts, foreign nationalization of assets)Fluctuations in currency exchange rates.Answer Options:A. highly uniform quality standards.
B. foreign nationalization of assets
C. geopolitical conflict
D. unintended knowledge leakage to foreign competitors
Thus, the only risk that Jones Jewelry may not be exposed to is A. highly uniform quality standards.
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Bianca, the CEO of Solar Tiles, has only three people reporting to her: the vice president of marketing, vice president of HR, and vice president of accounting. Bianca has a
If Bianca, the CEO of Solar Tiles, has only three people reporting to her. Bianca has a: Narrow span of control.
What is narrow span of control?Narrow span of control can be defined as a form of managerial style in which the director or CEO of a company or an organization only control a little number of employees.
Based on the given scenario the CEO is making use of narrow span of control as only three employees are reporting to her.
Inconclusion Bianca has a: Narrow span of control.
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