Which of the following economic goals focuses on funding technological advances in production?

The following cost data pertain to the operations of Quinonez Department Stores, Inc., for the month of September. Corporate hea

Harlamova29_29 [7]

Answer:

$41,960

Explanation:

Direct costs are costs that are specific to a certain product, service or in this case, department or business unit. They are not shared with other products, services or business units.

The direct costs allocated to the Cosmetics Department are:

Cosmetics Department sales commissions--Northridge Store $5,300
Cosmetics Department cost of sales--Northridge Store $32,400
Cosmetics Department manager's salary--Northridge Store $4,260
total $41,960

8 0

4 years ago

Pacific Bank provides loans to businesses in the community through its Commercial Lending Department. Small loans (less than $10

Reptile [31]

Answer:

Explanation:

As auditor, I may not agree with the policy that is been changed. It

is believed that, by default there is a normal loan risk that is been associated with the business of Pacific Bank. A way to help reduce this risk is to carefully asses the loan applications. Loans that are large has greater risk in the event of default compared to smaller loans. Therefore, it is reasonable to have more than several individual involved in decision making give a loan that is very big. In addition, loans should be given base on those that meet the requirements, it should not be on the base on favoritism or people with relationship with bank president. Giving the bank president the power to give huge loans may lead to him granting loans to people who he is familiar with, without the required due process been followed. This may cause the bank to be credit exposed risks that are poor.

6 0

4 years ago

When Sebastian wrote the contract with BP for over two billion dollar s, he included targets for performance that had to be met

Alexeev081 [22]

Answer:

Escalation of commitment

Explanation:

Escalation of commitment is the situation where an individual invest the resources into a course of action which is failing. Resources could be time, energy and money which an individual continue to invest into an investment as the individual do not want to be inconsistent.

So, in this situation, before releasing the payment, he ensures that the targets should be met for the performance. He is avoiding the situation of escalation of commitment bias.

7 0

3 years ago

Without a strong legal systems in a market economy:

STALIN [3.7K]

Answer:

<u>A) private-sector entrepreneurs can expropriate the profits generated by the efforts of private and public entities.</u>

Explanation:

As there exist four basic structures of the market economy in the form of perfect competition, imperfect competition, oligopoly, and monopoly.

Thus without any legal system of trade in the market economy, the profits that are generated by the public and private sectors can be taken away by these entities as a large number of small firms tends to compete in the market against each other with there homogenous products.

Thus under such circumstances, the market economy would deprive all the profits made by the other forms in the market and put barriers to entry for others. Buyers thus will be deprived of the quality products.

5 0

4 years ago

A food manufacturer reports the following for two of its divisions for a recent year.

hram777 [196]

Answer:

1. 13.8% and 14.6%

2. 13.6% and 16.5%

3. 1.01 times and 0.88 times

Explanation:

The computations are shown below:

1. Return on investment = Operating Income ÷ Average invested Assets

where, average invested assets would be

= (Invested assets, beginning + Invested assets, ending) ÷ 2

For Beverage Division, it would be

= $366 ÷ {($2,696 + $2,610) ÷ 2}

= $366 ÷ $2,653

= 13.8%

For Cheese Division, it would be

= $651 ÷ {($4,489 + $4,417) ÷ 2}

= $651 ÷ $4,453

= 14.6%

2. Profit margin = (Operating income ÷ sales) × 100

For Beverage Division, it would be

= ($366 ÷ $2,698) × 100

= 13.6%

For Cheese Division, it would be

= ($651 ÷ $3,942) × 100

= 16.5%

3. Investment turnover = Sales ÷ Average Operating Assets

For Beverage Division, it would be

= $2,698 ÷ {($2,696 + $2,610) ÷ 2}

= $2,698 ÷ $2,653

= 1.01 times

For Cheese Division, it would be

= $3,942 ÷ {($4,489 + $4,417) ÷ 2}

= $3,942 ÷ $4,453

= 0.88 times

7 0

3 years ago