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3 years ago

10

Laura is saving her money in case of an emergency. She currently has enough savings to cover her living expenses for four months

. Evaluate Laura's savings.

2 answers:

Viktor [21]3 years ago

7 0

How much money is she saving?

Harman [31]3 years ago

6 0

A.

She has saved over the maximum recommended amount and could use some of the money for other funds

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Kimble Company applies overhead on the basis of machine hours. Given the following data, compute overhead applied and the under-

olga55 [171]

Answer:

Compute overhead applied and the under- or overapplication of overhead for the period

Budgeted Rate = $1,600,000/ 400,000 machine hours

= $ 4 per Machine Hour

Overheads Applied = 390,000 × $ 4 per Machine Hour

= 1,560,000

Actual Overheads = 1,575,000

Less Applied Overheads = 1560,000

Under- Applied = 15,000

Explanation:

<u>Overheads are Applied as follows:</u>

Actual Activity for the period × Budgeted Overhead Rate

<u>Budgeted Rate is determined as follows:</u>

Budgeted Total Overheads/Budgeted Activity

<u>Under- or Overapplication of overhead is determined as follows:</u>

Actual Overheads - Applied Overheads

Under Application is therefore : Actual Overheads > Applied Overheads

Over Application is therefore : Actual Overheads < Applied Overheads

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2 years ago

Access the EDGAR database (SEC.gov) and obtain the July 2018 form 10K filing (for the year ended May 31, 2018) for NIKE, Inc.

stich3 [128]

<u>Solution and Explanation:</u>

Particulars 2018 2017 2016

Revenues (a) 36,397 34,350 32,376

Cost of sales (b) 20,441 19,038 17,045

Gross profit (c) = (a) - (b) 15,956 15,312 14,971

Gross margin ration

$\text { (c) } /(a) * 100$ 43.8% 44.6% 46.2%

Monetary 2018 Compared to Fiscal 2017

For monetary 2018, our merged gross edge was 80 premise focuses lower than financial 2017, essentially mirroring the accompanying components:

• Unfavorable changes in net outside cash trade rates, including supports (diminishing gross edge roughly 90 premise focuses);

• Lower NIKE Direct edge (diminishing gross edge roughly 10 premise focuses) reflecting higher blend of off-value deals in the principal half of financial 2018, which was in part balanced by edge extension in the second 50% of monetary 2018;

• NIKE Brand the maximum ASP, net of limits, on a discount proportionate premise, which was level for financial 2018 as higher limits in the principal half of monetary 2018 were counterbalanced by higher the maximum ASP in the second 50% of the year; and

• NIKE Brand item costs, on a discount equal premise, which were level.

<u>Financial 2017 Compared to Fiscal 2016 </u>

For financial 2017, our merged gross edge was 160 premise focuses lower than monetary 2016, basically determined by the accompanying elements:

• Higher NIKE Brand the maximum ASP, net of limits, on a discount comparable premise (expanding gross edge around 70 premise focuses) lined up with our methodology to convey creative, premium items to the purchaser;

• Higher NIKE Brand item costs (diminishing gross edge roughly 100 premise focuses) as an expansion in the blend of greater expense items and work input cost swelling more than balance lower material information costs;

• Unfavorable changes in net remote money trade rates, including fences (diminishing gross edge around 90 premise focuses); and

• Lower NIKE Direct edges (diminishing gross edge roughly 20 premise focuses) mirroring the effect of higher off-value deals.

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3 years ago

As part of an advertising campaign, a plane flew over the beach in Ocean City trailing a banner that read: "Boardwalk Bistro wil

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Bistro's first banner was a form of a unilateral contract. This means that the banner was a legally enforceable promise between two parties where one party will perform the requirement and the other (Bistro) would pay.

For the given situation, Daisy substantially performed the required task and therefore, Bistro is not allowed to revoke the offer.

Based on the above, the statement that <span>best describes Daisy's and Bistro's rights in this situation is:
</span><span>Bistro cannot revoke the offer because Daisy has substantially performed the requested action.</span>

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3 years ago

James Dodgsen is a student in a graduate course in business. The professor in the course has given Dodgsen and his classmates a

nikdorinn [45]

Answer:

d. Dodgsen has been dishonest.

Explanation:

Looking at the scenario in the question above, it is possible to say that James Dodgsen was dishonest in copying Jane's responses.

This question leads us to the conclusion that Dodgen's schedule lacked organization. As much as he was prepared for the other classes and having just coincided with a surprise test when he couldn't find time to study the content of that class specifically, there is a problem looking at his classmate's answers when the test given by the teacher was individual guidance.

The organization of the agenda is essential for a student of business administration, since the corporate environment consists of the functions of organizing, commanding, coordinating and controlling, therefore there must be established times for each task of daily fulfillment, whether in a personal or professional environment. , so that there is a greater possibility of fulfilling the essential tasks and the established objectives are properly achieved

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3 years ago

Suppose that a profit-maximizing monopoly firm undergoes a substantial technological change that reduces its marginal and averag

Svetradugi [14.3K]

Answer:

Rise

Explanation:

A monopoly is defined as a market situation where only one seller determines the supply and price of a product, because they are the only ones that produce it.

When forms make technological advancements, they are able to make processes cheaper. So there is more money saved that can be used to increase production.

In this scenario for every product manufactured there is a $40 saved. This excess cash can be put back into the production to increase the output and profit.

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3 years ago