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Molodets [167]
3 years ago
5

Care 1 hospital is renowned for its impeccable reputation and strong employee morale. these types of qualities can best be descr

ibed as _____ standards.
Business
1 answer:
Elan Coil [88]3 years ago
3 0
Intangible Standards

Intangible standards are those that do not have physical form, or those standards that cannot be perceived by the 5 senses (such as employee morale and work ethics). In contrast, tangible standards are those that can be assessed using the five senses -- seeing, smelling, hearing, tasting, and touching. 
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his information relates to Sunland Company for the year 2022. Retained earnings, January 1, 2022 $77,700 Advertising expense 2,0
Afina-wow [57]

Answer:

Explanation:

Preparation of the income statement for Sunland Company ending December 31, 2022 is presented below:

                                           Sunland Company

                                           Income statement  

Revenue  

Service revenue $67,280

Total revenues $67,280 (A)

Less: Expenses

Advertising expense $2,080

Rent expense $12,000

Utilities expense 2,900

Salaries and wages expense 34,800

Total expenses $57,780 (B)

Net income $15,500 (A- B)

Simply we deduct the total expenses from the total revenues so that the net income could arrive

7 0
3 years ago
The company makes 340 units of product P23F a year, requiring a total of 710 machine-hours, 80 orders, and 40 inspection-hours p
kifflom [539]

Answer:

$ 5,401.60

Explanation:

Activity cost pool

<em>Assembly</em>: $ 698,720 (Total Cost) / $ 44,000 (Total activity machine-hours)

             = $ 15.88 per machine-hour

<em>Processing Orders</em>: $ 90,763 (Total cost) / 1,900 orders = 47.77 per order

<em>Inspection</em>: $ 119,535 / 1,950 inspection-hours = $61.30 per inspection-hour

Overhead Costs:

Assembly: 15.88 per MH *710 MHs = 11,274.80

Processing Orders: $ 47.77 per order * 80 orders = $3,821.60

Inspection: $ 61.30 per IH * 40 IHs = 2,452.00

<em>Sales</em>: (340 * 121.90) = $ 41,446.00

<em>Costs</em>:

 Direct materials (340 * 40.05) = $ 13,617.00

 Direct labor (340 * $ 14.35) = $ 4,879.00

 Assembly $ 11,274.80

 Processing $ 3,821,60

 Inspection $ 2,452.00

 <em>Total of costs</em>: $ 36,044.40

<em>Product Margin</em>:  (Costs - Sales) $ 5,401.60

                             

4 0
3 years ago
Target Corporation prepares its financial statements according to U.S. GAAP. Target’s financial statements and disclosure notes
Mandarinka [93]

Answer:

1. What amounts did Target report for the following items for the year ended January 30, 2016?

b) Income from current operations

$2,669 million

c) Net income or net loss

$2,737 million

d) Total assets

$37,431 million

e) Total equity

$10,953

2) What was Target’s basic earnings per share for the year ended January 30, 2016?

$4.74 per share

Why do you think Target has chosen to have its fiscal year end on January 30, as opposed to December 31?

I guess that Christmas Holiday season is very important for them and a large percentage of their revenue is generated during November and December. It reports at the end of January to have time to consolidate its financial statements.

3) Regarding Target’s audit report:

Who is Target’s auditor?

Ernst & Young  

Did Target receive a "clean" (unmodified) audit opinion?

yes, it did

7 0
3 years ago
What was a part of the emerging social, political, and economic philosophies that characterized the first hundred days of Frankl
Anastaziya [24]

Answer:

"Try something and if it doesn't work, admit it and try something else."

Explanation:

When I took US Government, my teacher always emphasized that FDR was probably the best American President, and things like this really show why he admired him so much. Can you imagine those words coming out of the mouth of a modern politician?

Many people like to compare President Obama's first term with FDR's first term, but I believe that Obama had it easier. Not because the recession wasn't bad, but because it was fresh and new. President Bush's handling of the crisis was disastrous, but they messed up only for about one year. When FDR took office, the depression had been around for several years, so the negative effects were much greater.

When FDR took office the country was ravaged and nobody was sure that the new policies would work or not, or even what policies they should have implemented. That is why they engaged in a trial and error type of strategy where several options were explored to try to see what could work and what couldn't.

8 0
3 years ago
CodeHead Software Inc. does software development. One important activity in software development is writing software code. The m
Irina18 [472]

Answer:

Explanation:

Standard hours per week = 40 hours

Standard rate per hour = $32

Actual rate per hour = $40

Labour rate variance = 40 - 32 = $8 (unfavourable)

Actual cost per week = 40 × 40 = $1600

Standard cost per week = 40 × 32 = $1280

Labour cost variance = actual cost per week - standard cost per week

= 1600 - 1280

= $320 (unfavourable)

Actual codes written in first week = 5650

Standard codes per week = 5 × 25 × 40 = 5000

Actual cost per code = 1600/5660 = $0.2832

Standard cost per code = 1280/5000 = 0.256

Labour efficiency variance = 0.2832 - 0.256 = $0.0272 (unfavourable)

If the team generated 4,650 lines of code according to the original plan:

Code generated = 4650

Number of programmers = 5

Average codes per hour per programmer = 25

Total codes per hour = 25 × 5 = 125

Standard codes per week = 40 × 125 = 5000

Actual time to write 4650 codes = 4650/125 = 37.2 hours

Standard time = 40 hours

Idle time = 40 - 37.2 = 2.8 hours

Labour time variance = 2.8 hours

Cost of idle time = 2.8 × 32 = $89.6 (unfavourable)

4 0
2 years ago
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