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ICE Princess25 [194]
4 years ago
7

Martha is upset at Catherine over the dinner bill the night before. Martha believes Catherine should have split the bill but she

failed to pay any portion. Martha and Catherine work together at a local telemarketing center and Martha sneaks to Catherine’s desk to take $20 from her purse. This act would be considered ______.
Business
1 answer:
8090 [49]4 years ago
7 0

Answer:

The answer is: Petty larceny

Explanation:

Petty larceny (or petty theft) is defined as the theft of property (products or services) valued at no more than $1,000. It is referred as larceny since no violent act was involved.

Since Martha robbed only $20 from Catherine, without beating her, her crime is considered a petty larceny.

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anufacturing's cost accountant has provided you with the following information for January operations. Direct materials $ 31 per
ipn [44]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Direct materials $ 31 per unit

Fixed manufacturing overhead costs $ 225,000

Sales price $ 205 per unit

Variable manufacturing overhead $20 per unit

Direct labor $ 34 per unit

Fixed marketing and administrative costs $ 200,000

Units produced and sold 6,000

Variable marketing and administrative costs $ 8

A) Total variable cost per unit= direct material + direct labor + variable overhead + variable marketing and administrative

Total variable cost per unit= 31 + 34 + 20 + 8= $93

B) Variable manufacturing cost= direct material + direct labor + variable overhead= 31 + 34 + 20= $85

C) Total absorption cost per unit= direct material + direct labor + total overhead= 31 + 34 + (225,000/6,000  + 20)= $122.5

D) Total unitary cost= total cost/ Q

Total unitary cost= total variable cost + (fixed overhead + Fixed marketing and administrative costs) /Q= 93 + (225,000 + 200,000)/6,000= $163.83

E) Profit margin= selling price - total unitary cost= 205 - 163.83= $41.17

F) Gross margin= selling price - unitary cost(absorption)

Gross margin= 205 - 122.5= $82.5

G) Contribution margin per unit= selling price - unitary variable cost

CM per unit= 205 - 85= $120

8 0
4 years ago
Explain the debtor-creditor relationship.
Helen [10]
A debtor<span> is someone who owes a financial obligation (a “debt”) to another, known as the </span>creditor<span>. An example of a </span>debtor-creditor relationship<span> is where a bank lends money to an individual or company, on the basis that the money has to be paid back at some point to the bank</span>
7 0
3 years ago
Read 2 more answers
The following situations refer only to the preceding data; there is no connectionbetween the situations. Unless stated otherwise
jek_recluse [69]

Answer:

If prices are cut by $0.2 then the operating income will increase by $91,200.

Explanation:

Current Gross Profit is :

Revenue [240,000 * $6] = $1,440,000

Cost of Sales = $1,416,000

Gross Profit = $24,000

If selling price is reduced to $5.80

Revenue $5.80 * [ 240,000 * 1.10 % ] = $1,531,200

Cost of Sales $1,416,000

Gross Profit = $115,200

6 0
3 years ago
Agricultural output is affected by the weather. Excessively high temperatures and a lack of rainfall are detrimental too crop yi
mariarad [96]

Answer: The answer is provided below

Explanation:

a. When the quantity supplied of a particular crop reduces, it will affect the farmer's revenue but this can still be beneficial to the farmer provided these conditions prevails:

• If demand for the crop rises more than its fall in supply, this will lead to a rise in the and price of the crop. Hence, there will also be an increase in the revenue of the farmer and the farmer will try to adjust output and sell at higher prices. Therefore, the excess demand can off set a fall in the supply.

b. We know that the supply of a crop is limited. For example, let's assume that the crop is rice. Now the situation is that people are demanding more beans maybe as a result of festive season. Therefore, everyone will want to purchase rice which will lead to an increase in the price of rice due to excess demand.

The farmer will try as much as possible to maximise profit and will therefore sell the rice at higher price to those that wants to buy. Therefore, it's clear that the farmer can still benefit, even if his supply is limited, but the demand must be greater than its decline in supply.

6 0
3 years ago
U.s. internet advertising revenue grew at the rate of r(t) = 0.82t + 1.14 (0 ≤ t ≤ 4) billion dollars/year between 2002 (t = 0)
MatroZZZ [7]

Answer:

f(t) = \int 0.82 t +1.14 dt

f(t) = \frac{0.82}{2}t^2 +1.14 t +C

Where C is a constant, now using the initial condition we got:

f(2)= 5.9 = 0.41 (2)^2 + 1.14*2 +C

And solving for C we got:

C= 5.9 -0.41(4) -1.14*2 = 1.98

And the function desired for the advertising revenue would be given by:

f(t) = 0.41t^2 1.14t +1.98

With f the amount in billions and the the years since 2002 to 2006.

Explanation:

For this case we have the following function who represent the revenue grew rate:

r(t) = 0.82t +1.14 , 0 \leq t \leq 4

And we want to calculate the Advertising revenue so we need to integrate the function r(t) and we can use the inidital condition t=0 , f(2)= 5.9 billion.

If we integrate the function we got:

f(t) = \int 0.82 t +1.14 dt

f(t) = \frac{0.82}{2}t^2 +1.14 t +C

Where C is a constant, now using the initial condition we got:

f(2)= 5.9 = 0.41 (2)^2 + 1.14*2 +C

And solving for C we got:

C= 5.9 -0.41(4) -1.14*2 = 1.98

And the function desired for the advertising revenue would be given by:

f(t) = 0.41t^2 1.14t +1.98

With f the amount in billions and the the years since 2002 to 2006.

5 0
3 years ago
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