Frannie Fans currently manufactures ceiling fans that include remotes to operate them. The current cost to manufacture 10,000 remotes is as follows:Cost Direct materials $ 65,000 Direct labor $ 55,000Variable overhead $ 30,000 Fixed overhead $ 50,000 Total $ 200,000 Frannie is approached by Lincoln Company which offers to make the remotes for $18 per unit. Required: 1. Compute the difference in cost between making and buying the remotes if none of the fixed costs can be avoided. What is the change in net income? 2. Compute the difference in cost between making and buying the remotes if $20,000 of the fixed costs can be avoided. What is the change in net income? 3. What is the change in net income if fixed cost of $20,000 can be avoided and Frannie could rent out the factory space no longer in use for $20,000?

Answers

Answer 1

A cost per unit is equal to $3 (180000-150000)/10000. Profit gain (loss) = $ 30,000 A cost per unit is equal to ($1; (180000-170000) /10000. Profit swing (loss) = $10,000 $ 10,000 is a gap in net income (gain).

How much is a cost unit with an example?

The cost unit for the steel industry would be the ton, whereas the expense unit for the hotel industry would be the room. The cost center lays this out. In cost units, there are both simple and complex units.

How do I determine the unit cost?

The entire number of troops produced is divided by the total cost, which is calculated by adding the variable and fixed costs.

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Related Questions

In Part 1-2 we distinguished between macroeconomic and microeconomic questions. Which of the following would be considered macroeconomic questions? Check the two correct answers. O How will a government regulated monopoly set its prices? O Will the Federal Reserve's decision to increase short-term interest rate affect quarterly GDP? O How will a strengthening of the U.S. dollar affect the trade deficit? O How much utility does Adam derive when he decides to consume 4 cups of ice cream?

Answers

The macroeconomic questions are-

How will a strengthening of the U.S. dollar affect the trade deficit?Would this Federal Reserve's increase in narrow interest rates have an influence on quarterly GDP?Explain the differences of macroeconomic and microeconomic?

While macroeconomics examines choices made by nations and governments, microeconomics analyses individuals and company decisions.Since it places a strong emphasis on supply and demand and many other factors that influence price levels, microeconomics is a lowest part discipline.Macroeconomics employs a top-down perspective to examine the economy in its entirety in an effort to ascertain its nature and future trajectory.While macroeconomics is primarily employed as an analytical tool to create economic and fiscal policy, investors could use microeconomics in making investing decisions.

Thus, the two macroeconomic questions are-

How will the trade deficit be impacted by the dollar's strengthening? Would this Federal Reserve's increase in narrow interest rates have an influence on quarterly GDP?

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International Trade - End of Chapter Problem The United States is highly protective of its agricultural food industry, imposing import tariffs and sometimes quotas on imports of agricultural goods. This chapter presented three arguments for trade protection. For each argument, discuss whether it is a valid justification for trade protection of U.S. agricultural products. Valid - Since the agricultural sector employs a large percentage of the labor force, protection is necessary to prevent job loss. - The United States would be vulnerable if all of its food came from overseas, so trade protections are necessary for it to maintain national security.
Invalid - The United States has traditionally been a manufacturing economy and recently moved more resources into the agricultural sector. Because the agricultural sector is relatively new, it requires protection as an infant industry. Answer Bank _________________

Answers

International Trade - End of Chapter Problem The United States is highly protective of its agricultural food industry, imposing import tariffs and sometimes quotas on imports of agricultural goods.

Valid:

Since the agricultural sector employs a large percentage of the labor force, protection is necessary to prevent job loss.

The United States would be vulnerable if all of its food came from overseas, so trade protections are necessary for it to maintain national security.

Invalid:

The United States has traditionally been a manufacturing economy and recently moved more resources into the agricultural sector. Because the agricultural sector is relatively new, it requires protection as an infant industry.

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in attribution theory, which of the following would be an example of a situational cause of employee performance?

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Some of the situational causes are Physical workspace conditions, Technological limitations, Organizational policies or procedures, etc.

In attribution theory, a situational cause refers to factors outside of an individual's control, such as the environment, circumstances, or external events that affect their behavior or performance.

As the options are not mentioned these are some Examples of situational causes of employee performance include:

Physical workspace conditions: For example, if an employee is unable to perform at their best due to poor lighting, noise, or other uncomfortable conditions in their workspace, this would be considered a situational cause of their performance.Technological limitations: If an employee is unable to perform a task due to a technological limitation, such as a malfunctioning computer or a slow internet connection, this would be considered a situational cause of their performance.Organizational policies or procedures: If an employee is unable to perform a task due to a company policy or procedure, such as a lack of training or access to resources, this would be considered a situational cause of their performance.A change in work schedule: If an employee has recently had their work schedule changed, they may be adjusting to a new routine, which could impact their performance.A new supervisor: If an employee has recently been assigned a new supervisor, they may be adjusting to different expectations or work styles, which could impact their performance.A change in resources or equipment: If an employee is suddenly working with different resources or equipment, such as outdated or malfunctioning tools, this could impact their performance.

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consumption, investment, government spending, and net exports are all . select the two correct answers below.

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the cost of government services as determined by the expenditures made on labour inputs, intermediary goods and services, and capital investments. It is the total of gross government investments plus government consumption expenditures.

What is government consumption and investment?

Consumption, investment, government purchases, and net exports are the aggregate of four factors that determine an economy's output of goods and services (the difference between what a country sells to and buys from foreign countries). One of these four factors must be the source of any growth in demand.

Direct consumption is the act of directly consuming goods that are used to satisfy human needs. Examples include meals and drinks, toys, and so forth. It is referred to as productive consumption when a commodity is used to create another good.

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Old Economy Traders opened an account to short-sell 1,000 shares of Internet Dreams at $40 per share. The initial margin requirement was 50%. (The margin account pays no interest.) A year later, the price of Internet Dreams has risen from $40 to $50, and the stock has paid a dividend of $2 per share.
a. What is the remaining margin in the account?
Remaining margin $
b-1. What is the margin on the short position?
Short margin %
b-2. If the maintenance margin requirement is 30%, will Old Economy receive a margin call?
Yes
No
c. What is the rate of return on the investment? (Negative value should be indicated by a minus sign.)
Rate of return %

Answers

If Old Economy Traders opened an account to short-sell 1,000 shares of Internet Dreams at $40 per share.

a. the remaining margin in the account is $8000

b.  the margin on the short position is 16%

c. the rate of return on the investment is -60%


How to find the  remaining margin in the account?

a. The initial margin was: $40 x 1,000 x 0.50 = $20,000.

Old Economy Traders loses:  $10 x 1,000 shares = $10,000

Dividend of $2 per share to the lender of the shares: $2 x 1,000 shares = $2,000.

So,

The remaining margin in the investor's account therefore reduce  to:

$20,000 - $10,000 - $2,000 = $8,000.

b. Margin on short position = Equity Value of shares owed

$8,000 / $50 x 1,000 shares

= 0.16 × 100

= 16%

c. The rate of return

Rate of return= Ending equity - Initial equity / Initial equity

Rate of return = $8,000- $20,000 / $20,000

Rate of return = - 0.60 × 100

Rate of return = - 60%

Therefore  the remaining margin in the account is $8000.

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A company makes a $1000 payment to Supplies Mart, to pay the outstanding balance on account. This transaction would be journalized with a debit to the _____________ account and a credit to the _________ account.

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A company makes a $1000 payment to Supplies Mart, to pay the outstanding balance on the account. This transaction would be journalized with a debit to the Payable account and a credit to the Cash account.

The debit to Accounts Payable recognizes the outstanding balance owed to Supplies Mart. This account is a liability account and it is used to track the amount of money that the company owes to its vendors.

By debiting this account, the outstanding balance is reduced by the amount of the payment.

The credit to Cash recognizes the payment of $1000 to Supplies Mart. This account is an asset account and it is used to track the amount of money that the company has available to pay its bills. By crediting this account, the money available to the company is reduced by the amount of the payment.

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for which of the following reasons would a company want a fresh start in another country? (check all that apply.)

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Some of the reasons for a company to want a fresh start in another country are Expanding their market, Lower costs, Access to resources, Better business environment, and Brand image.

As the options are not provided here are some of the reasons for a company to want a fresh start in another country. Hope it helps.

It is possible for a company to want a fresh start in another country for a variety of reasons. Some possible reasons might include:

Expanding their market: A company may want to enter a new market and see greater opportunities for growth in another country. They may believe that they can better serve customers or reach new markets by starting fresh in a new location.Lower costs: A company may be looking for ways to reduce its costs, and may believe that it can do so by moving to another country where labor or other costs are lower.Access to resources: A company may be looking for better access to resources, such as raw materials or skilled labor, that are more abundant in another country.Better business environment: A company may be looking for a more favorable business environment, such as a country with a more stable political or economic climate, or one with more favorable tax or regulatory policies.Brand image: A company may want to reposition or rebrand itself, and believe that starting fresh in another country can help them do so.

It's worth noting that each of these reasons has potential advantages and disadvantages and that the decision to start fresh in another country should be carefully considered in light of a company's goals and capabilities.

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When a firm implements a strategy that leads to superior performance relative to other companies in the same industry, it is said to have achieved ______.

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When a firm implements a strategy that leads to superior performance relative to other companies in the same industry, it is said to have achieved competitive advantage.

A company gains a competitive advantage when it implements a strategy that results in superior performance compared to other companies in the same industry.

Competitive advantage is the aspect that makes a company's products and services superior. Although the term is usually used in the business world, competitive advantage strategies may also be employed by specific organizations, communities, or individuals in competitive environments.

To gain and maintain a competitive advantage, companies must demonstrate higher quality than their competitors. You also need to communicate this information to your audience. For example, a company has a competitive advantage if it offers a cheaper product than its competitors.

The same is true if the product offers unique features not found in other products. To generate these benefits, companies can analyze competitive intelligence data to understand their competitors' strengths.

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A portfolio consists of assets with the following expected returns:Expected Return Weight in PortfolioReal estate 15% 10%Low-quality bonds 14 15AT&T stock 12 25Savings account 1 50A. What is the expected return (%) on the portfolio? (Round your answer to two decimal places)B. What will be the expected return if the individual reduces the holdings of the AT&T stock to 10 percent and puts the funds into real estate investments? (Round your answer to two decimal places)

Answers

A. the expected return on the portfolio is 7.1%.

B. the expected return on the portfolio after the changes is 7.55%.

To calculate the expected return on the portfolio, we need to multiply the expected return of each asset by its weight in the portfolio, and then add up the results. So we have:

Expected return = (0.15 x 0.10) + (0.14 x 0.15) + (0.12 x 0.25) + (0.01 x 0.50)

Expected return = 0.015 + 0.021 + 0.03 + 0.005

Expected return = 0.071 or 7.1%

B. If the individual reduces the holdings of the AT&T stock to 10% and puts the funds into real estate investments, then the new weights and expected returns for the assets in the portfolio would be:

Real estate: weight = 0.10 + 0.15 = 0.25, expected return = 0.15

Low-quality bonds: weight = 0.15, expected return = 0.14

AT&T stock: weight = 0.10, expected return = 0.12

Savings account: weight = 0.50, expected return = 0.01

To calculate the new expected return, we use the same formula as before:

Expected return = (0.25 x 0.15) + (0.15 x 0.14) + (0.10 x 0.12) + (0.50 x 0.01)

Expected return = 0.0375 + 0.021 + 0.012 + 0.005

Expected return = 0.0755 or 7.55%

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5. the price of trade suppose that slovenia and liechtenstein both produce olive oil and wheat. slovenia's opportunity cost of producing a bushel of wheat is 5 crates of olive oil while liechtenstein's opportunity cost of producing a bushel of wheat is 11 crates of olive oil. by comparing the opportunity cost of producing wheat in the two countries, you can tell that has a comparative advantage in the production of wheat and has a comparative advantage in the production of olive oil. suppose that slovenia and liechtenstein consider trading wheat and olive oil with each other. slovenia can gain from specialization and trade as long as it receives more than of olive oil for each bushel of wheat it exports to liechtenstein. similarly, liechtenstein can gain from trade as long as it receives more than of wheat for each crate of olive oil it exports to slovenia. based on your answer to the last question, which of the following prices of trade (that is, price of wheat in terms of olive oil) would allow both liechtenstein and slovenia to gain from trade? check all that apply. 1 crate of olive oil per bushel of wheat 3 crates of olive oil per bushel of wheat 7 crates of olive oil per bushel of wheat 15 crates of olive oil per bushel of whea

Answers

Slovenia and Lichtenstein would gain from trade if trade prices were favourable, such as the price of wheat relative to the price of olive oil.

What is meant by Prices of Trade?

The amount that makers of goods charge retailers for their products, as in contrast to what shoppers normally pay in-store: I got my coat at a trade price straight from the factory.

A broad definition of trade costs includes costs associated with enforcement, exchange rates, legal and regulatory requirements, local distribution, transportation (including freight and time costs), communication, and other information costs.

Therefore, In each transaction, list the different amounts you paid for the stock, as well as the total number of shares you purchased. Subtract the number of shares involved in each transaction from the transaction's price.

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Two countries can achieve gains from trade even if one of the countries has an absolute advantage in the production of all goods. True or False

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True, each country only needs to have a competitive advantage in one thing for the countries to benefit from trade, even if one has a absolute advantage in producing other goods.

By comparative advantage, what do you mean?

The ability of an economy to produce a specific good and service at a lower cost than its trade counterparts is known as comparative advantage. Comparative advantage is a theory that explains why businesses, nations, or people might gain from trade. When manufacturing a specific good, agents in an economic model have a relative advantage over their rivals if they can do so at a lesser opportunity cost and autarky price, that is, at a lesser marginal cost before trade.

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Competitive strategy determines all of the following except ________.O the company's PE ratioO structure of the information O system goals and objectivesO features functions

Answers

All of the above, excluding the company's PE ratio, are influenced by competitive strategy.

What is determined by an organization's competitive strategy?

1) The value chain of a firm is determined by its competitive strategy. 2) Porter created the five forces model in order to comprehend the marketplace in which businesses operate. 3) A corporation is profitable if all five competing factors are strong, according to Porter's five forces model.

Are an organization's aims and goals influenced by its competitive strategy?

A company's competitive strategy determines its goals and objectives. The structure, attributes, and purposes of every information system are thereby determined by competitive strategy.

Four types of competitive strategy make up Porter's Generic Strategies: Differentiation, Cost Leadership, Focus (Cost), and Focus (Differentiation).

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When I purchase a corporate _______, I am lending the corporation funds for a purchase a corporation's _______, I become an owner in the corporation. stock: debt security stock: bond bond: debt security bond: stock

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When I purchase a corporate bond, I am lending the corporation funds for a purchase a corporation's stock, I become an owner in the corporation.

A stock, usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle its owners to a share of the company's assets and income in proportion to the number of shares they possess. Most individual investors' portfolios are built on stocks, which are mostly bought and sold on stock exchanges. Government standards designed to shield investors from dishonest tactics must be followed during stock trades. Corporations are a unique sort of organisation even if stockholders do not own them since they are regarded by the law as legal persons. Companies report their taxes. can be sued, can borrow money, and can possess property. A company is a "person" in the sense that it has rights and obligations.

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During the coronavirus pandemic the price of semiconductors (used in the production of all cars) significantly increased. Which of the following statements is true? a. The supply of new cars will decrease and the supply curve will shift to the left. b. The quantity supplied of new cars will decrease and the supply curve will not shift to the right. c. The supply of new cars will increase and the supply curve will shift to the right. d. The quantity supplied of new cars will increase and the supply curve will not shift to the right.

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During the coronavirus pandemic the price of semiconductors (used in the production of all cars) significantly increased. The statement of option c "The supply of new cars will increase and the supply curve will shift to the right." is true.

As the price of semiconductors rises, it increases the cost of producing cars. This will cause the supply of cars to decrease as manufacturers are less willing to produce cars due to the increased costs.

As a result, the supply curve will shift to the right as there is now a lower quantity of cars at each price point. This will cause the price of cars to increase, leading to an increase in the cost of owning a car for consumers.

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marvin harris explains taboos by arguing for a real economic benefit to the society. which of the following is not a criticism of this approach?

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The answer is It does not account for why the taboo is maintained when economic situations change is not a criticism of this approach.

What kinds of things are taboos?

Some people believe that discussing sex, politics, and religion in polite company is inappropriate. A taboo behavior is one that a society or culture deems unacceptable. In some communities or cultures, having sex before or after being married is considered taboo.

What taboos are most prevalent?

Common taboos include prohibitions or ritual regulations of killing and hunting, sex and sexual relationships, reproduction, the dead and their graves, as well as food and dining (mainly cannibalism and dietary standards like vegetarianism, kashrut, and halal) or religious practices (treif and haram).

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determine which of the statements below are correct regarding the current ratio. (check all that apply.) multiple select question. a. the current ratio is useful in aging past due accounts of customers. b. a current ratio of less than 1.0 would indicate that a business's debt can be easily paid off with current assets. c. the current ratio is one measure of a company's ability to pay its short-term debts. d. the current ratio can affect interest rates charged by creditors when lending money to a business. e. the current ratio helps a supplier determine whether it wants to extend credit to a customer. f. a current ratio of less than 1.0 would indicate that a company might have a problem paying off short term debt.

Answers

The correct statements are the current ratio helps a supplier determine, less than 1.0 would indicate that a company, can affect interest rates, which is one measure of a company's ability to pay. The correct options are c, d, e and f.

What is the current ratio?

The current ratio is a liquidity ratio that measures a company’s ability to pay short-term obligations or those due within one year. It tells investors and analysts how a company can maximize the current assets on its balance sheet to satisfy its current debt and other payables.

A current ratio that is in line with the industry average or slightly higher is generally considered acceptable.

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better at getting deals. to better understand how husbands and wives feel about their finances, money magazine conducted a national poll of 1010 marri

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There are a number of techniques that may be used to better understand how husbands and wives feel about their finances and money. Here are some recommendations: Surveys: may be a useful tool for learning how

Husbands are the male partners in a marriage. Typically, they are seen as offering their wives and family physical, emotional, and financial security. In many societies, husbands are expected to provide the majority of the household's income while their wives handle domestic and childcare duties. However, throughout time, husbands' roles and responsibilities have changed, and many now collaborate with their wives on domestic chores and parenting obligations. The position of the husband in contemporary marriages might change based on cultural, societal, and financial variables. Regardless of the precise function they play, men are crucial members of the family and are supposed to give

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When an index return equals the weighted average of the returns of each component security, with weights proportional to outstanding market value, it is referred to as a market _____ _____ index.
O Treasury BillsO value-weightedO Consumer Price IndexO Revenue Bond

Answers

Option B is correct. When an index return equals the weighted average of the returns of each component security, with weights proportional to outstanding market value, it is referred to as a market value-weighted index.

A hypothetical portfolio of investments that represents a certain area of the financial market is known as a market index. The prices of the index's underlying holdings are used to calculate its value. Market capitalization, revenue, float, and fundamental weighting are all used to determine the values of several indices. A way to change the relative importance of each item in an index is to weight it.

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a shift to the right in the demand curve for product a can be most reasonably explained by saying that

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The most plausible explanation for a move to the right in the demand curve for product A is that consumer tastes have changed in favour of A, causing them to desire to purchase more at all prices.

What causes a rightward shift in the demand curve?

If the determinant raises demand, the curve moves to the right. This indicates that even while the price remains the same, there is a greater demand for the commodity or service. The incomes of consumers will increase as the economy is flourishing. Despite the fact that prices haven't increased, people will purchase more of everything.

What does the demand curve for product A change to the right mean?

The most plausible explanation for a move to the right in the demand curve for product A is that consumer tastes have changed in favour of A, causing them to desire to purchase more at all prices.

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A building materials supplier, who is a citizen of State A, and a contractor, who is a citizen of State B, had a contract dispute. The contractor drove to the supplier's home in State A to discuss possible settlement of the dispute. The discussions were not successful. As the contractor backed out of the supplier's driveway, the contractor accidentally hit the supplier's car, damaging it significantly. The supplier sued the contractor in federal court, asserting both a breach of contract claim as well as a negligence claim for the damage done to the supplier's car. The supplier's complaint seeks $71,000 in damages for breach of contract and $5,000 in damages to pay the cost of repairs to the car.
Does the federal court have subject matter jurisdiction over the supplier's action?
1. Yes, because the amounts of the supplier's two claims may be aggregated and thus meet the amount in controversy requirement.
2. Yes, because the supplier's two claims are related and therefore may be aggregated to satisfy the amount in controversy requirement.
3. No, because the supplier's two claims do not arise from the same transaction or occurrence and therefore may not be aggregated to satisfy the amount in controversy requirement.
4. No as to the negligence claim but yes as to the breach of contract claim.

Answers

The federal court may have subject matter jurisdiction over the supplier's breach of contract claim, but not necessarily over the negligence claim for damages to the car.

To determine if the federal court has jurisdiction over the breach of contract claim, the court must assess whether the amount in controversy requirement is met. The requirement is met if the amount at stake exceeds $75,000. Here, the supplier seeks $71,000 in damages for breach of contract, which is close to the jurisdictional threshold. However, the court may also consider the cost of litigation, the possibility of additional damages, and any potential settlement in determining whether the amount in controversy requirement is met. Thus, it is possible that the breach of contract claim satisfies the amount in controversy requirement, allowing the federal court to exercise subject matter jurisdiction over that claim. On the other hand, the negligence claim for damage to the car seeks only $5,000 in damages. As this amount falls far below the jurisdictional threshold, the federal court would not have subject matter jurisdiction over this claim. Therefore, the answer is "No as to the negligence claim but yes as to the breach of contract claim."

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true/false. gaggle, inc., and chirp chirp, inc., have their dispute resolved in arbitration. the arbitrator makes an erroneous finding of fact. this is a ground for a court to review the merits of the award.

Answers

The statement '' gaggle, incl. and chirping chirping, incl. settle their disputes by arbitration. the arbitrator makes a false statement. this is the reason why the court evaluates the reasonableness of the punishment '' is false because arbitration is a procedure where, with the consent of the parties .

By choosing arbitration, the parties are choosing a private dispute resolution process instead of going to court. Out-of-court dispute resolution procedures include arbitration, mediation, negotiated rulemaking, neutral finding, and mini-trials. In addition to mandatory arbitration, the purpose of ADR is to provide a forum for  parties to work toward a voluntary settlement, rather than having the case decided by a judge or other authority.

Both parties waive the right to appeal, which means that the other party may feel paralyzed. If the matter is complex but the amount of money involved is modest, the  fee for an arbitrator may make arbitration uneconomical.

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Which of the following statements is true?Inclusive institutions do not support the provision of property rights to society and hence foster economic prosperity.None of the aboveThe productivity of individuals is likely to be independent of the availability of property rights.An individual with property rights is likely to be less productive than an individual without property rights.An individual with property rights is likely to be more productive than an individual without property rights.Scenario: Gavin cultivated his own cannabis plant which produced 18 grams of flower. He could've purchased this from a dispensary for $180. If Gavin sells the 18 grams for $200, and the total cost to cultivate and harvest was $150, which of the following will happen?Trade surplus will increase by $200GDP will increase by $180GDP will increase by $50GDP will remain unchangedNone of the above

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It seems insufficient and illogical to say that "An individual with property rights is likely" on its own. In order for me to give a precise response, kindly supply the entire statement or query

A single person who is not a part of a group or collective is known as an individual. It is the basic building block of society and possesses distinctive traits, abilities, and experiences that mould their identity and relationships with others. People can be a part of many different social groupings, such as families, communities, or organisations, and they can also have a wide range of views, values, and objectives. They are capable of making choices and acting independently, and they are accountable for the results of their decisions. The study of people draws on a variety of academic fields, including psychology, sociology, and economics, and aims to comprehend human motives, behaviour, and wellbeing. Modern democratic societies, which emphasise human rights, variety, and tolerance, depend on the idea of uniqueness.

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(T or F)In a functional organization workers can learn readily from others in their discipline and keep their skills sharp

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True. In a functional organization, workers are grouped by their discipline or specialty, such as marketing, engineering, or finance.

This grouping allows them to learn from others who have similar skill sets and keep their skills sharp through collaboration, knowledge sharing, and professional development opportunities. Workers in a functional organization tend to have a deep understanding of their area of expertise and are often able to provide mentorship and guidance to their colleagues within the same functional area. In a functional organization, employees are grouped based on their expertise or specialization. This means that workers who have similar skill sets and knowledge are brought together to form a functional unit, such as a marketing department, engineering team, or finance group. The advantage of grouping employees in this way is that it allows them to learn from one another and keep their skills sharp. For example, if you are a marketing professional working in a marketing department of a functional organization, you will have the opportunity to work with and learn from other marketing professionals. This collaboration can involve sharing best practices, discussing industry trends, and brainstorming new ideas. Another advantage of functional organizations is that they often have clear career paths and promotion opportunities within each functional area. This can provide employees with a sense of direction and purpose, and can help them to stay motivated and engaged in their work. However, one potential disadvantage of functional organizations is that there can be a lack of communication and collaboration between functional areas. This can result in silos and barriers between teams, which can hinder innovation and progress. To overcome this, functional organizations may need to invest in cross-functional collaboration and communication channels.

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Which of these statements regarding the IFRS and U.S. GAAP is correct?
A) U.S. GAAP is considered to be "principles-based".
B) U.S. GAAP is considered to be less detailed than IFRS.
C) IFRS is considered to be "principles-based" and less detailed than U.S. GAAP
D) Both U.S. GAAP and IFRS are considered to be "rules-based", but U.S. GAAP tends to be more complex.

Answers

Principles serve as the foundation for International Financial Reporting Standards (IFRS). A rule-based standard of accounting is GAAP.

What is  International Financial Reporting Standards?

A group of accounting standards called International Financial Reporting Standards (IFRS) specify how specific kinds of transactions and events should be recorded in financial statements. The International Accounting Standards Board created them and keeps them up to date. The principles upon which International Financial Reporting Standard (IFRS) is founded. A rule-based accounting standard is GAAP. The term "GAAP" (generally accepted accounting principles) refers to the generally recognized guidelines for financial reporting in the US. The term "IFRS" stands for "International Financial Reporting Standards," and it refers to a set of accounting principles that are widely employed throughout the world.

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which of the following options correctly indicates how glue used in a manufacturing process (of refrigerator) would be classified?a. Period costb. Indirect materialc. Direct materiald. Miscellaneous expense

Answers

Option C is the correct option.

The Direct material options correctly indicates how glue used in a manufacturing process (of refrigerator) would be classified

The correct option that indicates how glue used in a manufacturing process.

Direct materials are materials that are a necessary part of the final product and can be traced back to the product in an economically feasible way.

Glue is used in the manufacturing process of a refrigerator, and it is considered a direct material because it is an essential part of the final product, and its cost can be easily traced to the product.

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By the end of the 1920's, the stylization of the marketplace was in full swing. it had influenced goods, packages, retail establishments and advertisements. The 1920's witnessed the flowering of style in magazines aimed at:
Group of answer choices
O the under privileged
O the mass market
O the wealthy
O haute couture

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By the end of the 1920's, the stylization of the marketplace was in full swing. It had influenced goods, packages, retail establishments and advertisements. The 1920's witnessed the flowering of style in magazines aimed at the "mass market". The correct option is B.

The marketplace is the place in which the individual gather for the buying and selling process of the livestock, products or goods. There are three types of marketplace is business to business (B2B), business to customer (B2C) and the peer to peer (P2P), most of the time it is referred to as C2C.

The mass market is term which means the market for large scale production of the goods.

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Which of the following is NOT a generic performance dimension of operations and supply chain activities?
social responsibility

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Social responsibility is a generic performance dimension of operations and supply chain activities.

It is becoming increasingly important for businesses to consider the social and environmental impact of their operations, and to take steps to minimize their negative impact and contribute to the well-being of society.

The generic performance dimensions of operations and supply chain activities are typically identified as quality, cost, delivery, and flexibility. These dimensions are used to evaluate and improve the performance of a company's operations and supply chain activities, and are considered essential for achieving competitive advantage and meeting customer expectations.

Quality refers to the degree to which a product or service meets customer requirements and expectations. Cost refers to the total cost of producing and delivering a product or service, including direct and indirect costs. Delivery refers to the reliability and speed of delivering products and services to customers. Flexibility refers to the ability of a company to respond quickly and effectively to changes in demand, technology, and other factors.

In summary, social responsibility is an important performance dimension of operations and supply chain activities, and should be considered alongside the other generic performance dimensions of quality, cost, delivery, and flexibility.

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a market-product grid shows the relationship of market segments either to products offered or to blank .

Answers

The correct answer to the question above is "Potential marketing action by an organization"

Market-product grid also known as the product market expansion grid or Ansoff Matrix. This matrix helps a company plot out its growth strategy and visualize the risks associated with expansion. There are four main suggested strategies for The Product market expansion grid:DiversificationMarket PenetrationMarket DevelopmentProduct Development

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Standardize process steps. The implication for Taguchi is that reducing the variation inh

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Lowering the loss to society and lowering the cost of poor quality is the implication for Taguchi .

The Taguchi approach calculates the social cost of a product to determine its quality. Loss in a product is specifically defined by changes and deviations in its function as well as negative side effects that the product causes. Loss from variation in function is a measurement of how differently each product unit performs. The more substantial the loss in function and quality, the higher that variance. This could be expressed as a monetary amount that illustrates how consumption has been influenced by the product's flaws. It is used by businesses including Toyota, Ford, Boeing, and Xerox.

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which of the following is a reason for the tremendous increase in the flow of foreign direct investment from 1990 to 2011? multiple choice A. the relaxation of transfer pricing regulations B. the similarities in tax rates and tax laws across C. the globe the liberalization of investment laws in many countries D. the universal application of u.s. gaap accounting standards

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The option A "the relaxation of transfer pricing regulations" is a reason for the tremendous increase in the flow of foreign direct investment from 1990 to 2011. So the option A is correct.

The relaxation of transfer pricing regulations has been an important factor in the tremendous increase in the flow of foreign direct investment from 1990 to 2011. Transfer pricing regulations are the rules that dictate how multinational companies transfer profits and losses between their subsidiaries.

By relaxing these regulations, companies are able to move profits around in a more efficient and cost-effective manner, allowing them to use their resources more efficiently and invest more in foreign markets.

This has resulted in a huge influx of foreign direct investment, with the World Investment Report 2020 estimating that the global FDI inflows increased from $521 billion in 1990 to $1.8 trillion in 2018.

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