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liq [111]
2 years ago
5

Which of the following exemplifies a change in buyers' tastes? Multiple choice question. A decrease in national income because o

f a recession. An increase in demand for digital cameras over 35mm cameras. An increase in the number of buyers in a market. A decrease in the average price of gasoline during the winter.
Business
1 answer:
Karolina [17]2 years ago
5 0

Answer: An increase in demand for digital cameras over 35mm cameras.

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Ginger feels like she is very qualified for a Revenue job. Which qualifications does Ginger most likely have?
sdas [7]
The qualifications Ginger most likely have to become very qualified for a Revenue job are <span><span>4- integrity, ability to analyze tax forms, and good math skills

</span>Revenue is defined as the </span><span>amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise. This transaction involves money and sometimes large amount of money. Thus, integrity is greatly needed. 
</span>
Revenue job examples are Revenue Accountant, Revenue Analyst, Revenue Manager. 
8 0
3 years ago
To guide cost allocation decisions, the ability to bear criterion ________.
hoa [83]

Answer:

the answer is D

Explanation:

Disagree. Cost accounting data plays a key role in many management planning and control decisions.  The division president will be able to make better operating and strategy decisions by being involved in key decisions about cost pools and cost allocation bases. Such an understanding, for example, can help the division president evaluate the profitability of different customers The salary of a plant security guard would be a direct cost when the cost object is the security department of the plant.  It would be an indirect cost when the cost object is a product. Exhibit 14-1 outlines four purposes for allocating costs:

1.   To provide information for economic decisions.

2.   To motivate managers and employees.

3.   To justify costs or compute reimbursement.

4.   To measure income and assets for reporting to external parties.

Exhibit 14-2 lists four criteria used to guide cost allocation decisions:

1.   Cause and effect.

2.   Benefits received.

3.   Fairness or equity.

Ability to bear. The cause-and-effect criterion and the benefits-received criterion are the dominant criteria when the purpose of the allocation is related to the economic decision purpose or the motivation purpose. Using the levels approach introduced in Chapter 7, the salesvolume variance is a Level 2 variance. By sequencing through Level 3 (salesmix and salesquantity variances) and then Level 4 (marketsize and marketshare variances), managers can gain insight into the causes of a specific sales-volume variance caused by changes in the mix and quantity of the products sold as well as changes in market size and market share. The total salesmix variance arises from differences in the budgeted contribution margin of the actual and budgeted sales mix. The composite unit concept enables the effect of individual product changes to be summarized in a single intuitive number by using weights based on the mix of individual units in the actual and budgeted mix of products sold. A favorable salesquantity variance arises because the actual units of all products sold exceed the budgeted units of all products sold. The salesquantity variance can be decomposed into (a) a marketsize variance (because the actual total market size in units is different from the budgeted market size in units), and (b) a market share variance (because the actual market share of a company is different from the budgeted market share of a company). Both variances use the budgeted average contribution margin per unit.

8 0
3 years ago
The Karns Oil Company is deciding whether to drill for oil on a tract of land that the company owns. The company estimates the p
Vika [28.1K]

Answer:

Investing today is a better option because it has a better NPV of $2.3398 million

Explanation:

Given data :

<u>For Today's Investment </u>

Initial capital investment = $4 million

positive cash flow = $2 million

period of cash flow = 4 years

project cost of capital = 10%

To get the value of This option we have to determine the NPV of this option

NPV = PMT * [\frac{1-(1+r)^-4}{r} ] - initial cash flow   ----------- (1)

PMT = $2 million

r = 10%

initial cash flow = $4 million

Equation 1 becomes

NPV = (2 * 3.1699 ) - 4

        = $6.3398 - $4 =  $2.3398 million

<u>For later investment ( 2 years )</u>

initial capital investment = $5 million

90% chance of positive cash flow = $2.1 million

10% chance of positive cash flow = $1.1 million

project cost of capital = 10%

NPV value for a cash flow of $1.1 million

NPV = PMT * [\frac{1-(1+r)^-4}{r} ] - initial cash flow

PMT = $1.1 million

initial cash flow = $5 million

r = 10%

Hence NPV = ($1.1 * 3.1699 ) - $5 million

                    = $3.48689 - $5 million

                    = - $1.51311  

therefore the present NPV =   - $1.51311 / 1.21 =  -$1.25 million  ( therefore no investment will be made )

NPV value for a cash flow of $2.1 million

NPV = PMT * [\frac{1-(1+r)^-4}{r} ] - initial cash flow

PMT = $2.1 million

initial cash flow = $5 million

r = 10%

hence NPV = ($2.1 * 3.1699 ) - $5 million

                   = $6.65679 - $5

                   = $1.65679

therefore the present NPV = $ 1.65679 / 1.21 = $1.369 million

The Expected NPV value of later investment ( after 2 years )

= $0 * 10% + $1.369 * 90%

= $1.2321 million

4 0
3 years ago
Morgana Company identifies three activities in its manufacturing process: machine setups, machining, and inspections. Estimated
Verizon [17]

Answer:

OAR per  Machine Set-ups = $60

OAR per Machining             = $15

OAR per Inspection             = $50

Explanation:

Overhead Absorption Rate (OAR) = Estimated Overhead Costs/ Cost drivers

OAR per  Machine Set-ups =  $150,000/2,500

                                           =  $60 per set-up

OAR per Machining = $375,000/25,000

                                =$ 15 per machine hr

OAR per Inspection = $87,500/1,750

                                 =$50 per inspection

7 0
3 years ago
Which piece of educational information is normally not asked about on a job application?
RSB [31]
The educational information is that to be given in a job application depends on the type of job you are applying for. Those jobs that require educational background are those jobs that require particular level of education like level of education for a politician for example. As long as the nature of the job do not require a particular level of education, it is not proper to ask for educational information.
4 0
3 years ago
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