Development of the Eurocurrency Market A Eurocurrency is any currency that is banked outside of its country of origin.

"A company offers ID theft protection using leads obtained from client banks. Four employees work 40 hour a week on the lead, at

chubhunter [2.5K]

Answer:

1.67

Explanation:

The computation of multi-factor productivity is shown below:-

Multi-factor productivity = Potential leads × Number of workers × Fee × Conversion percentage ÷ Labor cost + Material cost + Overhead cost

= 3,500 × 4 × $60 × 0.03 ÷ 4 × 40 × $35 + $1,500 + $8,000

= 25,200 ÷ 15,100

= 1.67

Therefore for computing the multi-factor productivity we simply applied the above formula.

7 0

3 years ago

The statement of cash flows for Baldwin Company shows what happens in the Cash account during the year. It can be seen as a summ

gavmur [86]

Answer:

A) It is a use of cash, and will be shown in the investing section as a subtraction.

B) Depreciation Expense

C) Chester’s long-term debt will rise by $10,000,000

D) Broad differentiation

E) Andrews ROE will increase.

Explanation:

A) As the company will do a cash dibursement will be considered cash use and because is investing on it to increase future cash flow

B) A period cost is a cost which cannot be capitalized into an asset. As cost which occur as the time passes over the years Which is the case for depreciation expense

C) bonds payable for 10,000,000 will be recorded

the leverage is a ratio to analize the firm it does not influence the accounting

D) The company differenciate his products from the rest of their competitors in a great variety of products rather than a single buyer segment.

E) ROE will increase as the leverage makes the debt weight increase while the equity weight (proportion of the company owned by the stockholders)

For the rest ofthe options the information provided is insufficient please do another question with the information

8 0

2 years ago

According to a survey of American households: The probability that a household owns 2 cars, if annual income is over $25,000, is

vladimir1956 [14]

Answer: 0.48

Explanation:

P(A/B) = P(AnB)/P(B) where:

P(A/B) = The probability of event A occurring given that B has occurred.

P(AnB) = The probability of both events A and B occurring.

P(B) = the probability that event B occurs.

So let

P(A) = Probability that the residents of a household own 2 cars.

P(B) = Probability that the annual household income is greater than $25,000.

The question tells us that

P(A/B) = 0.8

Note that: P(A) = 0.7, P(B) = 0.6.

Since we want to work out P(AnB), because it gives the probability that residents have an annual household income over $25,000 and own 2 cars.

We would Rearrange our initial equation to make P(AnB) the subject formula becoming;

P(A/B) = P(AnB)/P(B)

P(B)*P(A/B) = P(AnB)

So, inserting our probabilities into this equation gives:

0.6*0.8 = 0.48

8 0

2 years ago

Isabelle, customer relations manager at future tools, inc., must inform her clients of a 25 percent price increase for all servi

Art [367]

In doing so, she should be sure to emphasize clients' options for saving money, such as bundling services or choosing less <span>comprehensive plans.
Telling this options will reduce the chance of that customer to stop using the service and move out to another competitor. Providing saving money options will give a reward for customers who are loyal to the company and make them feel valued.</span>

7 0

2 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

2 years ago