If the bank offers an effective annual rate of 4%, how long will it take for $500 to grow to $1,000?

Suppose that every product in a grocery store contains a tiny transmitter, and that sensors on your shopping cart detect your se

lana [24]

Answer: Does the technology lower the cost of targeting the consumers who are likely to be interested in particular products?

Explanation:

Ethical evaluation simply refers to conducts and standards which helps in the promotion of honesty, and integrity when a business is engaging with the program owners.

In this scenario, the questions that is least relevant to the ethical evaluation of the technology described above is "does the technology lower the cost of targeting the consumers who are likely to be interested in particular products?

The ethical evaluation isn't discussed here but rather cost minimization is being discussed.

6 0

3 years ago

Suppose you have $850 and plan to purchase a 5-year certificate of deposit (CD) that pays 3.5% interest, compounded annually. Ho

olganol [36]

Answer:

FV= $772

Explanation:

Giving the following information:

Initial investment (PV)= $850

Interest rate (i)= 3.5% = 0.035

Number of periods (n)= 5 years

To calculate the future value (FV), we need to use the following formula:

FV= PV*(1+i)^n

FV= 650*(1.035^5)

FV= $772

8 0

3 years ago

Kim, chris, and beth are all partners in a cosmetics firm. kim is leaving the partnership and wants to sell her shares of the bu

Goryan [66]

The answer for your question is B

3 0

3 years ago

Port Ormond Carpet Company manufactures carpets. Fiber is placed in process in the Spinning Department, where it is spun into ya

Schach [20]

Answer:

Port Ormond Carpet Company

1. Journal Entries:

Jan. 1:

Debit Materials $82,000

Credit Accounts payable $82,000

To record the purchase of materials on account.

Jan. 2:

Debit Work-in-Process - Spinning $42,600

Credit Materials $42,600

To record the materials requisitioned.

Jan. 2:

Debit Work-in-Process -Tufting $34,700

Credit Materials $34,700

To record carpet backing

Jan. 2:

Debit Overhead - Spinning $3,300

Debit Overhead - Tufting $2,900

Credit Materials $6,200

To record indirect materials used.

Jan. 31:

Debit Work-in-Process - Spinning $26,300

Debit Work-in-Process - Tufting $17,200

Credit Factory labor $43,500

To record direct labor costs.

Jan. 31:

Debit Overhead - Spinning $12,500

Debit Overhead - Tufting $11,900

Credit Factory labor $24,400

To record indirect labor costs.

Jan. 31:

Debit Overhead - Spinning $5,300

Debit Overhead - Tufting $3,100

Credit Factory Depreciation $8,400

To record depreciation costs.

Jan. 31:

Debit Overhead - Spinning $1,000

Debit Overhead - Tufting $800

Credit Factory Insurance $1,800

To record insurance costs.

Jan. 31:

Debit Work-in-Process - Spinning $22,400

Debit Work-in-Process - Tufting $18,250

Credit Factory Overhead $40,650

To record overhead costs applied.

Jan. 31:

Debit Work-in-Process - Tufting $90,000

Credit Work-in-Process - Spinning $90,000

To record the transfer to Tufting department.

Debit Finished Goods Inventory $153,200

Credit Work-in-Process- Tufting $153,200

To record the transfer to Finished Goods.

Jan. 31:

Debit Cost of Goods Sold $158,000

Credit Finished Goods $158,000

To record the cost of goods sold.

2. January 31 balances of the inventory accounts:

Finished Goods = $3,500

Work-in-Process - Spinning = $3,300

Work-in-Process - Tufting = $9,550

Materials = $600

3. Factory Overhead Accounts- Spinning:

Account Titles Debit Credit

Jan. 31 Materials (Indirect) 3,300

Indirect labor 12,500

Depreciation exp. 5,300

Factory insurance 1,000

Applied overhead 22,400

Overapplied overhead 300

Factory Overhead Accounts- Tufting:

Account Titles Debit Credit

Materials (Indirect) $2,900

Indirect labor 11,900

Depreciation expenses 3,100

Insurance expense 800

Applied overhead -WIP-Tufting 18,250

Underapplied overhead 450

Explanation:

a) Data and Calculations:

January 1 Inventories:

Finished Goods = $3,500

Work in Process- Spinning = $2,000

Work in Process - Tufting = $2,600

Materials = $4,800

Finished Goods

Account Titles Debit Credit

Beginning balance $8,300

Work-in-Process-Tufting 153,200

Cost of Goods Sold $158,000

Ending balance 3,500

Work-in-Process - Spinning

Account Titles Debit Credit

Beginning balance $2,000

Materials 42,600

Direct labor 26,300

Applied overhead 22,400

Work-in-Process -Tufting $90,000

Ending balance 3,300

Work-in-Process - Tufting

Account Titles Debit Credit

Beginning balance $2,600

Carpet backing 34,700

Direct labor 17,200

Applied overhead 18,250

WIP- Spinning 90,000

Finished Goods $153,200

Ending balance 9,550

Cost of Goods Sold

Finished Goods $158,000

Materials

Account Titles Debit Credit

Beginning balance $4,800

Accounts payable 82,000

Work-in-Process - Spinning $42,600

Work-in-Process - Tufting 37,400

Manufacturing overhead- Spinning 3,300

Manufacturing overhead- Tufting 2,900

Ending balance 600

8 0

3 years ago

The table below presents the average and marginal cost of producing cheeseburgers per hour at a roadside diner.

Butoxors [25]

Answer:

a. At a quantity of 40 cheeseburgers per hour, the average total cost of production is falling and the marginal cost of cheeseburger production is rising.

b. At a quantity of 60 cheeseburgers per hour, the average variable cost of production is rising and the average total cost of cheeseburger production is at a minimum.

Explanation:

a. At a quantity of 40 cheeseburgers per hour, the average total cost of production is falling and the marginal cost of cheeseburger production is rising.

From the table in the question, it can be observed that the average total cost of production at a quantity of 30 cheeseburgers per hour is higher than the average total cost of production at a quantity of 40 cheeseburgers per hour, while the average total cost of production at a quantity of 50 cheeseburgers per hour is lower than the average total cost of production at a quantity of 40 cheeseburgers per hour. This implies that at a quantity of 40 cheeseburgers per hour, the average total cost of production is falling.

Also from the table in the question, it can be observed that the marginal cost of production at a quantity of 30 cheeseburgers per hour is lower than the marginal cost of production at a quantity of 40 cheeseburgers per hour, while the marginal cost of production at a quantity of 50 cheeseburgers per hour is higher than the marginal cost of production at a quantity of 40 cheeseburgers per hour. This implies that at a quantity of 40 cheeseburgers per hour, the marginal cost of production is rising.

b. At a quantity of 60 cheeseburgers per hour, the average variable cost of production is rising and the average total cost of cheeseburger production is at a minimum.

From the table in the question, it can be observed that the average variable cost of production at a quantity of 50 cheeseburgers per hour is lower than the average variable cost of production at a quantity of 60 cheeseburgers per hour, while the average variable cost of production at a quantity of 70 cheeseburgers per hour is higher than the average variable cost of production at a quantity of 60 cheeseburgers per hour. This implies that at a quantity of 60 cheeseburgers per hour, the average variable cost of production is rising.

Also from the table in the question, it can be observed that the average total cost of cheeseburger production at quantities of 50 and 60 cheeseburgers per hour are equal and the lowest on the table, this implies that the average total cost of cheeseburger production is at a minimum at a quantity of 60 cheeseburgers per hour.

7 0

3 years ago