The amount of ending inventory for the company was $160,000.
To find the amount of ending inventory, we can use the formula:
Ending Inventory = Beginning Inventory + Purchases - Cost of Goods Sold
Plugging in the given values, we get:
Ending Inventory = $194,000 + $953,000 - $987,000
Ending Inventory = $160,000
Therefore, the amount of ending inventory is $160,000.
However, This means that at the end of the fiscal year, the company had $160,000 worth of inventory on hand that had not yet been sold. This inventory will be carried over to the next fiscal year and will be included as the beginning inventory for the next year's calculations.
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Distinguish among the three methods of allocating the costs of support departments to operating departments.
The three methods of allocating the costs of support departments to operating departments are:-
a. The direct (assignment) method ignores all services provided by one support organization to another support organization. Allocate the cost of each support department directly to the
operations department. The
b. step-down (allocation) method sequentially allocates support department costs to other his
support departments and operations departments in such a way that the
partially approves the mutual service of all support departments.
c. The Mutual (Attribution) process allocates support department costs to operations by fully authorizing the mutual services provided between all support departments.
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After months of thinking about the new laptop she heard about from a friend, anna finally decides it’s time to buy it. In what stage of the customer journey is anna?
The stage of the customer journey of Anna is the Purchase phase.
Awareness: the customer becomes familiar with the brand via channels, consisting of advertising and word-of-mouth. Consideration: realizing that they have a need that must be met, the customer actively considers whether or not to buy the product or service on offer. Purchase: the customer makes the purchase.
Customer's journey. is defined as the active research process someone goes through leading up to a purchase. It is called a journey because each one of your prospective customers will be at different points in their journey towards a purchase.
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A local station that broadcasts national network programming is called a(an) ________ station.
Station broadcasting the national network programme is called an affiliate station.
Affiliate station is the broadcasting station or the local broad castee owned by the network or a particular company which some line or television lines use for broadcasting.
It is basically common in informal way of speech containing a particular network programming which could be programme clearances or radio waves.
It can be in the form of group wide deal or communications dealing with the national broadcast including the transactions of grouped station assorted.
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The total dollar return is the sum of dividends and blank______.
a) percentage returns
b) government payouts
c) overall market fluctuations
The total dollar return is the sum of dividends and capital gains and losses.
What is a dividend?A dividend is the returns paid investors, who have stake in a firm or an organization. It is normally paid to shareholders, who own shares in a company at the end of financial period.
In other words,
Dividends refer to share of profits from a portion of company's earnings which is paid to a class of its shareholders. It can be issued in different forms, such as cash payment, stocks or any other form. An organization’s dividend is decided by its board of directors and the shareholders’ approval is required.Learn more about dividend here: https://brainly.com/question/2960815
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NB
Please see complete question below.
The total dollar return is the sum of dividends and __________.
a) capital gains or losses
b) overall market fluctuations
c) percentage returns
d) government payouts
When no employer-sponsored retirement plan is offered, you should contribute to a(n)?
When no employer-sponsored retirement plan is offered, you should contribute to a(n) individual retirement account (IRA).
An individual retirement account (IRA) is a type of pension offered by numerous financial organizations in the United States that offers tax benefits for retirement savings. It is a trust that manages investment properties bought with a taxpayer's income for the taxpayer's potential retirement benefit. one can save money for retirement tax-advantageously with an individual retirement account (IRA). An IRA is a financial institution-created account that enables someone to save for retirement while earning tax-free growth or on a tax-deferred basis.
Stocks and other securities can be bought and sold through brokerage accounts, which are taxable investment accounts. IRAs are intended for people who want to save for their retirement and allow their investments to grow tax-free or tax-deferred.
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Generally speaking, a differentiator chooses to divide its market into Group of answer choices None of these choices. as few segments as possible. niches and segments in which customers will pay premium prices. two or three major segments. one generic market.
Generally speaking, a differentiator chooses to divide its market into niches and segments in which customers will pay premium prices.
What is Differentiation Strategy?Your differentiation strategy is the way in which you make your firm stand out from otherwise similar competitors in the marketplace. Usually, it involves highlighting a meaningful difference between you and your competitors. And that difference must be valued by your potential clients. A strong differentiator will provide a competitive advantage for your firm.
This is why many firms choose to compete with a focused strategy. In a focused strategy you narrow your appeal to a niche audience.
For example, an accounting firm that works exclusively with chain restaurants has a very compelling differentiator to that niche market segment. However, a different audience segment, such as automobile dealers, would find no value in working with the restaurant specialists.
Therefore, we can conclude that the correct option is Generally speaking, a differentiator chooses to divide its market into niches and segments in which customers will pay premium prices.
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in the real world (that is, if we relax the assumptions of the modigliani and miller's proposition I), optimal capital structure is
In the real world, the optimal capital structure is 100% debt.
A company's optimal capital structure is the optimal combination of debt and equity financing that maximizes the company's market value while minimizing its cost of capital. In theory, debt financing has the lowest cost of capital as it is tax deductible. However, excess debt increases shareholders' financial risk and the return on equity they require. Firms, therefore, need to find the sweet spot where the marginal utility of debt equals the marginal cost.
According to economists Franco Modigliani and Merton Miller, in an efficient market free of taxes, bankruptcy costs, agency costs, and information asymmetries, a company's value is unaffected by its capital structure.
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Which 2 are quickstart templates provided in the work area for proadvisors to use when setting up a new project?
Monthly Bookkeeping & Bi-weekly Payroll are quickstart templates provided in the work area for pro-advisors to use when setting up a new project
This is further explained below.
What is Monthly Bookkeeping?Generally, You may guarantee that their paycheck is always where you want and anticipate it to be by monitoring their books on a monthly basis. You may steer clear of problems in which workers are paid an inaccurate amount or in which you do not deduct an adequate amount of taxes from their paychecks. Ongoing checks of your payroll will ensure that you are compliant and will keep your staff satisfied.
In conclusion, Quickstart templates, such as Monthly Bookkeeping and Bi-weekly Payroll, are made available in the work area for pro-advisors to utilize while they are establishing a new project.
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What is defined as a commitment to finding and using the best theory and data available at the time to make decisions?
Evidence-based management is defined as a commitment to finding and using the best theory and data available at the time to make decisions.
Evidence-based management is an approach which involves commitment and consciously setting aside the accepted conventions and hierarchy of opinion, and instead, using critical thinking and the best available evidence to make decisions.
An Evidence-based management is important as it reduces errors in judgement, reduces the potential for irrational thinking, bias, or reduces exhaustion which negatively impact management decisions. It is based on evidence, systematic decision-making, and re-evaluating and adapting.
Hence, Evidence-based management uses the best theory and data available at the time to make decisions.
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The relationship between an employer and an employee can be thought of in terms of a(n) __________, a description of what an employee expects to contribute in an employment relationship and what the employer will provide the employee in exchange for those contributions.
The answer is psychological contract.
A broken psychological contract may occur when an employee believes that working extra would be naturally rewarded. This, however, may not be business policy. If the person is salaried, they may not be compensated for the extra hours worked.
Daily acts and remarks made in the workplace, as well as how they are interpreted by all parties involved, have an impact on the contract.
`
In other words, it is a promise developed via regular workplace encounters in which the organization learns what is expected of each employee.
Psychological contracts evolve and adapt to the organizational working culture over time. However, they are generally difficult to change and can differ across individual party members and whole organizations.
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When investors give computer instructions to sell automatically to avoid potential losses if their stock price dips to a certain point, it is called
When investors give computer instructions to sell automatically to avoid potential losses if their stock price dips to a certain point, it is called program trading.
What is program trading?Program trading is what create space or time for multiple trades to occur simultaneously.
It is an automated process that gives instructions to computers to sell when price of a stock goes down to prevent loss.
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________ is the process of evaluating and selecting longminus term investments that are consistent with a firm's goal of maximizing owners' wealth.
Capital expenditure is the process of evaluating and selecting long minus term investments that are consistent with a firm's goal of maximizing owners' wealth.
The money that the government spends on developing buildings, machinery, equipment, schools and other infrastructure are known as capital expenditure. Additionally, it covers the costs made by the government for investments that will generate profits or dividends in the future, such as land acquisition costs.
The long-term character of capital investment, which results in the formation of assets, enables the economy to generate income for many years by expanding or upgrading manufacturing facilities and increasing operational effectiveness. Additionally, capital expenditure raises the ability of the economy to create more in the future, increases labor participation, and evaluates the economy.
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What U.S. state sued car manufacturers in 2006 when they didn't comply with cutting tailpipe emissions
California U.S. state car manufacturers in 2006 when they didn't comply with cutting tailpipe emissions.
What is California emissions?The US Environmental Protection Agency (EPA) reinstated California's Clean Air Act waiver and revoked a rule issued by the Trump Administration, enabling the state to set its own greenhouse gas emissions for cars and create a zero-emissions vehicle program.
The state of California filed a lawsuit against the biggest automakers in the nation for the environmental harm caused by tailpipe emissions. The latest effort by the state to stop greenhouse gases, which trap heat in the atmosphere and contribute to global warming, was this. Both acclaim and criticism were directed at Attorney General Bill Lockyer, who brought the lawsuit on the state's behalf. In 2006, Governor Arnold concisely outlined the goal when he signed California's historic climate strategy into law. To persuade states that California's plan to drastically reduce tailpipe emissions in order to combat global warming may further damage the already-struggling U.S. industry, automakers and their supporters have intensified their lobbying efforts. Environmental Protection Agency's Washington headquarters, the two senior. The secretary of transportation, stated that California's strict regulation on tailpipe pollution should be eliminated. The California Air Resources Board , in need of a remedy, focuses on the problem's root cause: automobile emissions. Motivated by General Motors' recent announcement.
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Certain business processes are copyrightable.
a) true
b) false
A ___________ is a measure that summarizes a particular characteristic of an entire group of numbers.
A statistic is a measure that summarizes a particular characteristic of an entire group of numbers.
Statistics is considered the universal language of the sciences which involves information, numbers, visual graphics in order to summarize information and its interpretation.
Statistics is the science of collecting, interpreting, and describing data. A statistic is any quantity computed from values in a sample which is considered for a statistical purpose.
Statistical measures are a descriptive analysis technique which is used to summaries the characteristics of a data set. This data set represent the whole population or a sample of it.
Hence, a statistic measure summarizes a particular characteristic of an entire group of numbers.
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Which of the following are ways in which most neo-Freudian theorists differ from Freud, according to the text
Ways that Neo-Freudian theorists differ from Freud include:
B) Sex is emphasized less by neo-Freudians.C) Conscious processes are emphasized more by neo-Freudians.D) They emphasize interpersonal relationships as the source of psychological healthHow do Neo-Freudian theorists differ from Freud?Even though they support a lot of Freud's theories, Neo-Freudian theorists often disagree with some of the former's assertions.
They for instance, do not place as much emphasis on sex and try to focus on interpersonal relationships being a source of psychological health.
Options for this question include:
A) They rely on a more scientific approach than did Freud.B) Sex is emphasized less by neo-Freudians.C) Conscious processes are emphasized more by neo-Freudians.D) They emphasize interpersonal relationships as the source of psychological health.Find out more on Neo-Freudian theorists at https://brainly.com/question/6314134
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Andrew Industries purchased $160,000 of raw materials on account during the month of March. The beginning Raw Materials Inventory balance was $21,000, and the materials used to complete jobs during the month were $136,500 of direct materials and $12,500 of indirect materials. What is the ending Raw Materials Inventory balance for March
The Ending Raw Materials Inventory for Andrew Industries will be:
32,000
HOW TO CALCULATE ENDING RAW MATERIALS?
We will use the Inventory identifier formula to solve for ending inventory
Beginning Inventory + Purchase = Ending Inventory + Used.
⇒21,000 + 160,000 = Ending Inventory + Used.
Used materials
Direct Used Materials = 136,500
Indirect Used Materials = 12,500
Total Used Materials = 149,000
Now we know,
21,000 + 160,000 = Ending Inventory + 149,000
⇒ 181,000 - 149,000 = 32,000
Therefore, Ending Inventory = $32,000.
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Which of the following is closely related to packaging and is used to identify, promote, inform, and address legal requirements
Labeling is closely related to packaging and is used to identify, promote, inform, and address legal requirements
Packaging is the science, art, and art of enclosing or protecting products for distribution, storage, sale, and use. Packaging also refers to the process of designing, evaluating, and manufacturing packaging.
Generally refers to the process of package design, evaluation, and manufacturing. Common packaging products include boxes, cartons, cans, bottles, bags, envelopes, wrappers and containers.
Packaging materials surrounding consumer goods that contain, identify, describe, protect, display, promote, or otherwise serve to market the product and keep it clean. Packaging is more than just how a product looks.
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Which of the following techniques provides customers with a research topic and asks them to collect visual images that represent their thoughts and feelings about that topic?
Zaltman metaphor elicitation technique provides customers with a research topic and asks them to collect visual images that represent their thoughts and feelings about that topic.
The Zaltman Metaphor Elicitation Technique (ZMET) is a market research tool. ZMET is a technique that evokes both conscious and especially unconscious thoughts by examining people's nonliteral or figurative expressions. Developed in the early 1990s by Dr. Gerald Zaltmann of Harvard Business School.
First, participants are asked to zoom in on one or more selected images and explain what else they can put in the image to enhance the original idea. You may also be asked to introduce yourself with a picture and discuss what is happening, what you think and feel.
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A rain drop hitting a lake makes a circular ripple. If the radius, in inches, grows as a function of time in minutes according to
The function [tex]A(t)=676\pi (t+1)[/tex].
What is a function?A function from a set X to a set Y allocates one element of Y to each element of X. The set X is referred to as the function's domain, while the set Y is referred to as the function's codomain. Functions were originally the idealization of how a varying quantity depends on another quantity.To find the function [tex]A(t)[/tex] :
The area of a circle is expressed as;
[tex]A=\pi r^{2}[/tex]
Where A = Area
r = radius
From the case above.
The radius of the ripple is a function of time:
[tex]r=r(t)=26\sqrt{t+1}[/tex]
So,
[tex]A(t)=\pi [r(t)]^{2}[/tex]
Substituting [tex]r(t)[/tex],
[tex]A(t)=\pi (26\sqrt{t+1} )^{2} \\A(t)=\pi (676(t+1))\\A(t)=\pi (26\sqrt{t+1} )^{2} \\A(t)= 676\pi (t+1)[/tex]
Therefore, the function [tex]A(t)=676\pi (t+1)[/tex].
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The question you are looking for is here:
A raindrop hitting a lake makes a circular ripple. Suppose the radius, in inches, grows as a function of time in minutes according to r(t)=26t+1−−−−√, and answer the following questions. Find a function, A(t), for the area of the ripple as a function of time.
These transactions took place for Bramson Co. 2021 May 1 Received a $5,000, 12-month, 6% note in exchange for an outstanding account receivable from R. Stoney. Dec. 31 Accrued interest revenue on the R. Stoney note. 2022 May 1 Received principal plus interest on the R. Stoney note. (No interest has been accrued since December 31, 2021.) port Record the transactions in the general journal. The company does not make entries to accrue interest except at December 31.[Credit account titles are autom when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.) Date Account Titles and Explanation Debit Credit
The transactions at Bramson Co. are recorded in the General journal format by debiting an account and crediting the other
Journal entries are made as follows:
What is Receivable?Receivable is a compensation for the goods or services sold, the receivable is recorded as the cash to be received and when this cash is actually received the receivables entry is reversed.
May 1 2021
Receivables DR $5000
Sales CR $5000
To record Receivables from R. Stoney
Dec 31 2021
Allowance for bad debts DR $300
Receivables $300
To record the allowance for bad debts expected
May 1 2022
Receivable DR $300
Accrued Interest Income CR $300
(Assuming 6% interest rate)
To record the interest income
May 1 2022
Cash DR $5300
Receivables CR $5300
To record the cash receipt from R. Stoney
May 1 2022
Receivables DR $300
Allowance for receivables CR $300
To record the reversal of allowance for receivables.
The transaction will be recorded as this and the final transaction shows how to reverse the allowance for receivables previously recorded.
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Even if it is making economic losses, a perfectly competitive firm should keep operating in the short run so long as the price is:__________
Even if it is making economic losses, a perfectly competitive firm should keep operating in short run so long as price is higher than average variable cost. A company operating in perfect competition has no control over product's price. A company that stops producing, or closes down temporarily, will incur losses proportional to the fixed costs.
Because the firm's losses will be smaller in that scenario than the fixed costs, it will be prudent to continue functioning in near term when firm's total income surpasses firm's entire fixed expenses. Losses result when the market's price drops below average overall cost.
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A ______ occurs when a firm has accrued significant market power and is changing the industry structure in its favor.
Near monopoly occurs when a firm has accrued significant market power and is changing the industry structure in its favor.
What does a near monopoly mean?Near-monopolies are companies that have moved into a space and have taken over a significant portion of the market share. Such companies are often very large. Also, they tend to diversify, making other products to help boost both market share and profit.Strategic emergent monopoly is an emergent strategy is one that arises from unplanned actions and initiatives from within an organization
A natural monopoly exists in a particular market if a single firm can serve that market at lower cost than any combination of two or more firms
The term "accrued liability" refers to an expense incurred but not yet paid for by a business. These are costs for goods and services already delivered to a company for which it must pay in the future. A company can accrue liabilities for any number of obligations and are recorded on the company's balance sheet.
Therefore Near Monopoly occurs when a firm has accrued significant market power and is changing the industry structure in its favor..
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Correct Question - . A ______ occurs when a firm has accrued significant market power and is changing the industry structure in its favor
a. Near monopoly
b. Strategic emergent monopoly
c. Natural monopoly
d. Accrued liable monopoly
When it comes to resolving labor-management disagreements, __________ are a tactic used by unions and __________ are a tactic used by management.
When it comes to resolving labor-management disagreements, Arbitration is a tactic used by unions and mediation is a tactic used by management.
The unions send the arbitrator to the management who settles the dispute or mediated to it.
Mediation is the process by which the parties meet with a mutually selected impartial and neutral person to assist them in resolving their disagreements.
Even if the parties to the dispute do not resolve the dispute, mediation often "raises" the actual issue, improves communication between the parties, and thereby fosters improved working relationships.
Mediation is a flexible, confidential process for resolving disputes between two or more individuals, businesses, or other entities. It includes the appointment of a mediator, an independent and impartial third party, to help the parties discuss, negotiate and reach an amicable resolution of their issues.
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In the second half of 2019, automobile sales in the United States were lower than they were in the second half of 2018. The decrease in auto sales impacts GDP because new automobiles are counted as ________ when purchased by households and ________ when purchased by businesses.
In the second half of 2019, automobile sales in the United States were lower than they were in the second half of 2018. The decrease in auto sales impacts GDP because new automobiles are counted as consumption when purchased by households and investment when purchased by businesses.
Gross domestic product (GDP) is the overall monetary or market value of all of the goods and services produced within a country's borders in a particular time period.
GDP can be calculated by adding up all of the money spent by consumers, businesses, and the government in a given period. It may also be calculated by adding up all of the money received by all the participants in the economy.
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BALANCE SHEET Evaluation
Prepare a Balance Sheet for Rosebud Motel, using today’s date. Assets include Cash $17,000, Equipment $29,900, Office Supplies $2,095, Accounts Receivable $8,215 and Building $141,000. Liabilities include two separate suppliers: Elmdale Cleaning Ltd. $4,600, and Staple Supply Co. $1,150, Mortgage Payable $74,000 and Bank Loan $16,230. Remember to calculate the owner’s equity for the owner, Stevie Budd.
The preparation of a Balance Sheet for Rosebud Motel as of July 26, 2022, is as follows:
Rosebud Motel
Balance SheetAs of July 26, 2022
Assets
Current Assets:
Cash $17,000
Office Supplies 2,095
Accounts Receivable 8,215
Total current assets $27,310
Long-term Assets:
Equipment $29,900
Building 141,000 $170,900
Total assets $198,210
Liabilities
Current Liabilities:
Elmdale Cleaning Ltd. $4,600
Staple Supply Co. 1,150
Total current liabilites $5,750
Long-term Liabilities:
Mortgage Payable $74,000
Bank Loan 16,230 90,230
Total liabilities $95,980
Owner's Equity $102,230 ($198,210 - $95,980
Total liabilities and equity $198,210
What is the balance sheet?The balance sheet is a financial statement that shows the financial position of an entity.
The balance sheet shows that the assets are equal to liabilities and equity.
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According to interdependency theory, the net profit or loss a person encounters in a particular interaction is known as the ________. reward cost satisfaction outcome
According to interdependency theory, the net profit or loss a person encounters in a particular interaction is known as the outcomes. reward cost satisfaction outcome
Social exchange theory also called the interdependency theory. Human psychology has a direct relation with interdependency.
Interdependency theory views relationship within people and the individual self which lay emphasis on one's behaviour and emotions.
This makes theory both psychological with human element presenting the concept of interdependency.
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Investments by wealthy individuals and endowments is a major source of money for each of the following EXCEPT:
Investments by wealthy individuals and endowments is a major source of money for each of the following EXCEPT: Mutual Funds .
What is Mutual Funds ?
A mutual fund is nothing but the system of Money management which is introduced by professionally investing money which is pick up form the public.
Mutual Fund are basically of two types such as:
Close-ended Fund: This fund has a specific period of maturity which generally ranging from three to fifteen years.Open-ended Fund: An open-ended fund is one that available for subscription through all year.A mutual fund business is to investment of the funds afterward, accumulate according to the investor's demand who created the pool.
Therefore, we can conclude that the correct option is D,
Your question is incomplete, but most probably your full question was:
Investments by wealthy individuals and endowments is a major source of money for each of the following EXCEPT ________.
A) private equity funds
B) hedge funds
C) venture capital funds
D) mutual funds
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Which pricing tactic should most likely be used when marketing organization are targeted quality-conscious consumers?
A targeted pricing tactic should most likely be used when marketing organizations are targeting quality-conscious consumers.
Marketing is an activity, institution, and process for creating, communicating, delivering, and exchanging offers of value to customers, clients, partners, and society as a whole.
Marketing informs many people about a particular product. Sales increase when people get enough information about your product. Marketing is very helpful for many companies to create revenue opportunities. This is true when the corporate sector uses different marketing strategies to increase corporate profits.
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Question 3: what is the total period cost for the month under variable costing?
beneath the variable costing technique, all promoting and administrative (constant and variable) fees and glued production overhead is taken into consideration as part of the total period fee. hence, the whole length cost for the month beneath variable costing is $344,000.
underneath variable costing, fixed production overhead is handled as a period price and is charged in complete towards the modern length's profits. 7-2 promoting and administrative charges are dealt with as duration costs underneath both variable costing and absorption costing.
General period expenses encompass any prices that aren't at once related to product production. prison expenses, income commissions, and office components are considered length expenses and have to be recorded as expenses on the balance sheet.
length prices are fees that can't be capitalized on a company's balance sheet. In different phrases, they're expensed in the period incurred and appear at the profits statement. duration fees are also known as length fees.
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