The conversion cost per unit of the inventory comes out to be $2.63.
What is a conversion cost?
A conversion cost is computed by adding the production overheads to the direct labor in the production process.
Given values:
Physical units: 155,000
Conversion cost: $413,370
Units in ending inventory: 1900 (3,800 X 50%)
Computation of conversion cost per unit:
[tex]\rm\ Conversion \rm\ cost \rm\ per \rm\ unit=\frac{\rm\ Conversion \rm\ cost}{\rm\ Physical \rm\ units + \rm\ Units \rm\ in \rm\ ending \rm\ inventory} \\\rm\ Conversion \rm\ cost \rm\ per \rm\ unit=\frac{\$413,370}{\$155,000 + \$1,900} \\\rm\ Conversion \rm\ cost \rm\ per \rm\ unit=\$2.63[/tex]
Therefore, $2.63 is the conversion cost per unit on the inventory.
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Slavin Movement has bonds on the market making annual payments, with 14 years to maturity, a par value of $1,000, and a current price of $1,108.60. At this price, the bonds yield 7.5 percent. What is the coupon rate
The coupon rate=8.781% as bonds on the market making annual payments, with 14 years to maturity, a par value of $1,000, and a current price of $1,108.60.
Explanation:The price at the moment is stated as;
Current price=C×{1-(1/(1+r)^n)}/r+{F.V/(1+r)^n}
where;
C=current price
r=annual yield to maturity rate
n=number of years to maturity
F.V=face value
In our case;
C=$1,108.60
r=7.5%=7.5/100=0.075
n=14 years
F.V=$1,000
replacing;
1,108.60=C×{1-(1/(1+0.075)^14)}/0.075+{1,000/(1+0.075)^14}
1,108.60=C×{1-1/(1.075^14)}/0.075+{1,000/1.075^14}
1,108.60=(C×0.637/0.075)+363.313
1,108.60-363.313=8.48915 C
C=$87.81
But;
Annual coupon payments=coupon rate×face value
where;
annual coupon payments=$87.81
coupon rate=R%=(1/100)R=0.01 R
face value=$1,000
replacing;
87.81=0.01 R×1,000
R=87.81/(0.01×1,000)=8.781% = 8.781
Thus, The coupon rate=8.781%
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A decision that involves doing a little more or a little less of something is called a:.
Answer:
Marginal decision.
Female executives in international business have workplace challenges due to gender biases in some countries. For this reason, some companies do not eagerly offer women _____.
For this reason, some companies do not eagerly offer women international assignments.
What are the barriers/challenges women face at the workplace?Because men have dominated leadership roles for so long when a woman demonstrates these qualities, they are not as well received.Men continue to have more networks than women, which allows them to hear about opportunities and locate mentors and sponsors who will support their growth.The difficulty of juggling work and home obligations sometimes prevents women from pursuing leadership positions. The outdated idea of male and female home responsibilities is still used in the design of workplaces.Obstacles still exist in the form of hostile work environments and covert bias. Women of race encounter more barriers to success and are thus even less likely to assume leadership positions.Learn more about the impact of women's leadership in the workplace here:
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The Lincoln Company produces a wide range of furniture, such as cabinets, bookcases, and bureaus. It divides its consumer market into several groups of people who have similar interests in wooden furniture. The strategy of dividing its consumer market most likely _______. a. allows the Lincoln Company to use an undifferentiated targeting strategy b. enables the Lincoln Company to define customer needs and wants more precisely c. allows the Lincoln Company to meet the market's needs with a single marketing mix d. eliminates the need for developing marketing objectives
Lincoln company's strategy of dividing its consumer market will enables it to define customer needs and wants more precisely.
What is the strategy used by Lincoln company?In marketing, this is known as segmentation which involves division of customers according to their segment such as age, needs, gender etc.
Here, as the firm has divided its consumer market into several groups that have similar interests in wooden furniture, this will allow them to define customer needs and wants more precisely.
Therefore, the Option B is correct.
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Terry purchases a property. the deed includes a description of an easement given to the neighboring property. this is an easement created by ______.
This is an easement created by statute or court action.
What is a statute?It should be noted that a statute simply means a written law that's passed by a legislative body.
In this case, purchases a property. the deed includes a description of an easement given to the neighboring property. this is an easement created by an easement created by statute or court action.
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Cheng is a district manager for a health insurance company. recent reports indicated that cheng's district was not performing as well as other districts in his region. cheng thinks he has been a poor leader and blames himself for the decline in performance in his district. cheng's view of the situation is an example of:_________.
a) tolerance of failure.
b) low self-esteem.
c) need for affiliation.
d) external locus of control.
e) internal locus of control.
(B) is correct i.e. low of self esteem.
Self esteem means confidence in oneself, its overall your opinion what to do, what is your interest, what do you think about your abilities, & what are you limitations.District Manager, this is such a renowned position which requires a lot of self- confidence, good communication, leadership and many more. Here Cheng's point of view is very negative, he is full of low confidence in himself , don't have patience and leadership quality so that he can manage the situation in the district. From my point of view blaming yourself can't be the solution of it.Cheng's should have that much confidence in himself than only he can manage the situation & can bring his district over the other.Learn more about this here-
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_______________ is the value of the best alternative given up when a choice is made.
Answer:
Opportunity costs
Hope it helps!
The definition of market equilibrium states that at the _______________, the quantity of labor demanded by employers will equal the quantity supplied.
The definition of market equilibrium states that the quantity of labor demanded by employers will equal the quantity supplied at an equilibrium wage.
What is an equilibrium?The point at which the forces of demand and supply are equal from both the sides, and there is an expression of a perfect competition in the market, such point is known as an equilibrium.
Hence, option B holds true regarding equilibrium.
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The purpose of requirements structuring is to: A. enable the analysts to gather information on what the system should do from as many sources as possible. B. enable the analysts to identify several feasible alternatives. C. enable the large amount of information gathered during requirements determination to be organized. D. enable the analysts to develop a baseline project plan quickly. E. collect information about the information systems that are currently in use.
The purpose of requirements structuring is option (c) i.e, to enable a large amount of information gathered during requirements determination to be organized.
What is requirements determination?Requirements In order to determine what the requirements are, how the system operates, and where improvements could be made, information must be gathered about the current system and studied. can include specific issues or characteristics as well as specifications for a new system.
The two contemporary strategies for determining needs, JAD and prototyping, were created and are based on the earlier conventional techniques.
Important Activities in Need Determination:
The system is being examined, and its attributes are being recorded for future research.At the core of system analysis, fact-finding methods, prototyping, and computer-aided tools are used to record and describe system features.To know more about requirements determination refer to: https://brainly.com/question/27992359
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The amount of a product an organization expects to sell during a certain period of time, based on a specified level of marketing effort, is called a:.
A sales forecast is the volume of merchandise that an organization anticipates selling over a given period of time, based on a predetermined level of marketing activity.
What exactly do you mean by marketing?
Marketing describes the actions a business does to encourage the purchase or sale of a good or service. Advertising, selling, and delivering goods to customers or other firms are all included in marketing.
Sales forecasting is the act of determining how much a sales unit—which can be a single salesperson, a sales team, or an entire company—will sell over the course of the upcoming week, month, quarter, or year.
Thus, organizing expectations for sales during a given period of time refers to the sales forecasts.
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Diego and his supervisor have coffee together every monday. this is an example of a
Diego and his supervisor have coffee together every Monday is an example of a ritual
What is a ritual?A ritual is described as set of activities which may involve gestures, words, actions, or objects, performed according to a set sequence.
According to Diego and his supervisor, there has a been a constant action performed every week (taking coffee together). Since this act has become repetitive, they have become a ritual.
Hence Diego and his supervisor have coffee together every Monday is an example of a ritual
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A disadvantage of extending credit to customers is that the cost may ______ the additional sales revenue received through credit transactions.
Answer:
Exceed is the answer
What is not true about dod travel policy?
What is not true about dod travel policy is: An AO can approve payment for items not addressed by the JTR.
DoD travel policyDoD which full meaning is Department of Defense travel policy is a policy that tend to payback the expense incurred when a staff travel due to official assignment.
Based on the policy an AO cannot approve expenses reimbursement for things that are not address by the JTR.
Therefore the statement is false.
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Jasmine's General Store advertises cans of X-brand tomatoes for $.33 per can, although she does not have any in stock. When customers arrive to buy the tomatoes, Jasmine tells them that her stock of tomatoes has been sold and that she cannot get more at the lower price. She tells customers she has Y-brand tomatoes in stock for $.55 per can and that the Y-brand tomatoes are far superior to the X-brand. Jasmine is:
In this scenario, where the store advertises cans of X-brand tomatoes but sells Y-brand tomatoes instead at a higher price, Jasmine is a. engaging in bait-and-switch advertising.
What is bait-and-switch advertising?Bait-and-switch advertising is a sales fraud that involves luring customers in with false claims about product quality and price when it is not available.
During the process, the customer is usually offered another product that may have a higher price than the one originally advertised.
Question Completion with Answer Options:a. engaging in bait-and-switch advertising.
b. violating regulation Z.
c. employing good business tactics.
d. engaging in counter-advertising.
Thus, Jasmine is a. engaging in bait-and-switch advertising.
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An employee handling key management discovers that a private key has been compromised. Evaluate the stages of a key's life cycle and determine which stage the employee initiates upon learning of the compromise.
The stage the employee initiates upon learning of the compromise is Revocation.
How to illustrate the information?Upon learning of a compromise, the current key should be revoked, and a new key can then be generated.
Certificate generation identifies the public part of a key pair as belonging to a subject, and the subject submits it for signing by the CA as a digital certificate with the appropriate key usage.
Key generation occurs during the initial distribution of the key, or after having revoked one. Expiration and renewal are used for a key pair that has not been revoked or expired after a certain period. A given shelf-life increases security.
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Sunk costs are costs that ____. Multiple choice question. will not contribute to profits in the long run even if a project is accepted have already occurred and are not affected by accepting or rejecting a project relate to other projects of the firm cannot be measured
A sunk cost is a cost that have already occurred and are not affected by accepting or rejecting.
What is a sunk cost?These refer to costs that the business has already incurred and so cannot recuperate regardless of whether they accept a project or not.
They therefore have no say on a project's acceptance and should not be included in any project analysis.
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g The international Fisher effect: Group of answer choices is an example of absolute PPP focuses on changes over time in the relative price of traded baskets of goods and services between two countries none of the answers is correct is the difference in nominal interest rates across countries reflecting the difference in expected rates of inflation in those countries explains how the financial market prices one country's currency in terms of another's
The international Fisher effect is the difference in nominal interest rates across countries reflecting the difference in expected rates of inflation in those countries.
What does the Fisher effect show?It shows that the nominal rate of interest in a nation usually follows the inflation rate because an inflation-adjusted rate needs to be formed.
This then leads to a change in exchange rates between countries because the difference in nominal rates shows the difference in inflation which is what devalues or appreciates a currency.
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the ______ is characterized by a commitment to equal opportunities in hiring and promotions, and does not directly link a work group’s productivity or success with diversity.
Discrimination-and-Fairness Perspective is characterized by a commitment to equal opportunities in hiring and promotions, and does not directly link a work group’s productivity or success with diversity.
What is the Discrimination-and-Fairness Perspective?This is the concept or terminology that is based on the fact that people are the same basically and have to treated the same way in their work places.
This perspective has to do with the fact that and that all forms of differences or awareness has to be reduced to a great minimum.
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With a newspaper headline suggesting additional health benefits from eating apples, based on the change in demand in the apple market, price and quantity will change in what ways?
We can actually deduce here that based on the change in demand in the apple market, price and quantity will change in such a way that the price and quantity will increase.
What is change in demand?Change in demand actually refers to the way that the demand on goods and services change as result of price increment or decrease or other factors.
We see that if the demand for apples increase as a result of the additional health benefits, the price and quantity will also increase.
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what are examples of government legislation designed to protect the consumer? (choose every correct answer.)
Some examples of government legislation in the united states which is aimed at protecting consumers include the following.
Federal Food, Drug, and Cosmetic Act,Fair Debt Collection Practices Act the Fair Credit Reporting Act Truth in Lending Act Fair Credit Billing ActThe Gramm–Leach–Bliley ActHow does Government protect Consumers?Government provide legislation which helps in protecting consumers and their right.
These legislation ensures that producers and manufacturers do not exploit the consumers for lack of options.
The government does this by enacting laws that guarantees consumer protection thereby regulating the excesses in the market.
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Moringa products corporation had common stock of $820,000 and retained earnings of $1,250,000 on january 1. during the year, $75,000 of common stock was issued. dividends of $48,000 were paid. for the year ended december 31, moringa reported a net income of $287,500. what is the retained earnings balance on december 31
Based on the beginning retained earnings balance and the net income as well as dividends, the retained earnings balance will be $1,585,500.
How much are retained earnings on Dec. 31?This can be found as:
= Beginning retained earnings + Net income + dividends paid
Solving gives:
= 1,250,000 + 287,500 + 48,000
= $1,585,500
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In a pull system reducing the number of kanbans:
The reduction of the number of kanbans in a pull system reduces the inventory which makes problems more visible.
What is a Pull system?In a supply chain, the system is one where the procurement, production, and distribution are more demand-driven rather than based on predictions.
However, when there is reduction of the number of kanbans in a pull system, its reduces the inventory which makes problems more visible.
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if you expect the inflation rate to be 15 percent next year and a one-year bond has a yield to maturity of 7 percent, then the real interest rate on this bond is:
If the inflation rate is 15 percent. The real interest rate on this bond is:22%.
Real interest rateUsing this formula
Real interest rat=Expected inflation rate+ One year yield to maturity
Let plug in the formula
Real interest rate=15%+7%
Real interest rate=22%
Therefore the inflation rate is 15 percent. The real interest rate on this bond is:22%.
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It took podcasts about 8 years to reach 1 billion downloads
True or False
Which feature is used to summarize data from multiple worksheets but does not require that the data be in the same location on every worksheet?
Consolidate data from each worksheet into a single worksheet to summarize and report results from several worksheets.
What is worksheet?
A group of cells arranged into rows and columns is referred to as a "worksheet" in Excel documents.
Data consolidation makes it possible to combine the information from various worksheets into one master worksheet.
In other words, the Data Consolidation function compiles information from a number of worksheets or workbooks into a single worksheet that you can quickly update.
As a result, data consolidation is summarizing data from multiple worksheets.
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Which type of decision maker over-analyzes a given piece of information?
Agonizer is the type of decision maker over-analyzes a given piece of information.
What is decision in the organization?Decision is the important factor in the organization as the organization go on the decision take the people work in a firm. The decision can make or break the company and the good decision always beneficial for the company.
The options are missing in the question
A. Mystic
B. Agonizer
C. Submissive
D. Fatalist
Thus, option B is correct.
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Managing the Economy with Monetary Policy In this exercise you will be evaluating the economic condition of the country and making decisions in order to keep the economy level. The amount of money in circulation has a tremendous effect on the economy and inflation. Imagine if you found $100,000 in cash floating around your front yard. What would you do with it
The inference if one finds $100,000 in cash floating around your front yard is to take it to the police.
What is an inference?It should be noted that an inference simply means the conclusion that can be deduced based on the information given in a literary work.
In this case, the inference if one finds $100,000 in cash floating around your front yard is to take it to the police. This is essential to locate the owner.
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In order for a loan to come within the scope of the truth in lending act, the credit or loan must _____.
For a loan to be within the scope of the Truth in Lending Act, it needs to be $25,000 or less. Unless secured by a mortgage on real easte.
What does the Truth in Lending Act do?It is a federal act that was passed to stop creditors from using the lack of knowledge of debtors to make them heavily indebted by offering huge loans.
As a result of that act, loans now have to be $25,000 or less unless there is a mortgage on a real estate property that the creditor can use to recoup the loan in case of a default.
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Assume that sparks uses a perpetual specific identification inventory system. its ending inventory consists of 2 units from beginning inventory, 4 units from the jan. 5 purchase, and 10 units from the jan. 29 purchases. calculate the dollar value of its ending inventory.
The dollar value of the ending inventory is given as $264
How to solve for the dollar value of ending inventoryThrough the specific identification system, we can identify units through the use of accounting principles.
We have to multiply the number of units of inventory by the amount that it costs.
Hence we have
2 * 12 + 4 * 15 + 10 * 18
This gives us $264 as the dollar value of the inventory.
Complete questionAssume that Sparks uses a perpetual specific identification inventory system. Its ending inventory consists of 2 units from beginning inventory, 4 units from the Jan. 5 purchase, and 10 units from the Jan. 30 purchases. Calculate the dollar value of its ending inventory.
Jan 1
Beginning Inventory
10 at $12
Jan 5
Purchase
10 at $15
Jan 30
Purchase
10 at $18
Feb 8
Sale
14 units
$186
$264
$160
$450
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Answer:$264
Explanation:
Amtrak is promoting and upgrading passenger rail service. All but one of the following are facts Select one: A. It has high-speed train service between New York and Boston B. Total passenger miles have grown since 1981 C. In the northeast corridor it is the dominant carrier D. It operates some commuter agencies under contract E. It operates without any government subsidy
The main fact about Amtrak corporation that is promoting and upgrading the passenger rail service is that its operates without any government subsidy.
What is Amtrak corporation?It is a railroad service that essentially provides an inter-city rail service in the United States and Canada.
Hence, despite that Amtrak corporation that is promoting and upgrading the passenger rail service, it does not operates without any government subsidy.
Therefore, the Option E is correct.
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