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3 years ago

The older a website is, the more credible is it true or false?

1 answer:

4 0

False. Just because a website is older and has been around for awhile, does not mean it is more credible then another website. Wikipedia is a good example of a website that has been around for awhile, but does not always have credible information put on it. Credibility varies based on the website so look for information about the sources to figure out how credible it may be.

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An incomplete cost of goods manufactured schedule is presented below. Complete the cost of goods manufactured schedule for Hobbi

valentina_108 [34]

Answer:

Hobbit Company

Cost of goods manufactured schedule

Work in process (1/1) $219,610

Direct materials

Raw materials inventory (1/1) $51240

Add: Raw materials purchases $160,200

Total raw materials available for use $211440

Less: Raw materials inventory (12/31) ($29,310)

Direct materials used $182,130

Direct labor $304,170

Manufacturing overhead Indirect labor $26,980

Factory depreciation $45,020

Factory utilities $72,870

Total overhead $144,870

Total manufacturing costs $327,000

Total cost of work in process $631,170

Less: Work in process (12/31) $84,330

Cost of goods manufactured $546,840

Explanation:

The cost of goods manufactured schedule is a report consisting of manufacturing costs incurred during the production period.

Direct Labor = Total cost of work in process - Total manufacturing costs

= $631,170 - $327,000

= $304,170

7 0

3 years ago

Outward-oriented policiesa. allow countries to take advantage of gains from trade.b. have generally led to high growth for the c

artcher [175]

Answer:

D) All of the above

a. allow countries to take advantage of gains from trade.
b. have generally led to high growth for the countries that pursued them.
c. received widespread support from economists.

Explanation:

Outward oriented policies are basically national policies that encourage and foster an increase in foreign trade, this includes both an increase in exports and an increase in imports. Of course, the main objective is to increase net exports which result from subtracting imports from exports. But it is very difficult to increase the number of total exports without having to increase the number of total imports, the gain is achieved by exporting more.

7 0

3 years ago

Finch Manufacturing Company reported the following data regarding a product it manufactures and sells. The sales price is $43. V

ioda

Answer:

a) Break even in units= 12, 684 units; Break even in dollars= 547,727.27

b) Break even in units= 19,052 units; Break even in dollars= $822,727.27

c) The salaries to pay to get a profit of $121,600 is $196,400

Explanation:

Solution to A) Compute the Contribution Margin per unit and use it to calculate the break -even point

1. Per unit Contribution Margin is calculated as the

Price- Variable Cost (Manufacturing and Selling)

=$43- $17-$7

= $19

Based on this calculation, then calculate the Contribution Margin Ratio

= Contribution/Sales

= $19/$43 = 0.44 or 44%

2. Next step, calculate total fixed cost as follows:

Total fixed cost = Manufacturing + Administrative Fixed costs)

= $160,000 + $81,000

= $241,000

Now, calculate the Break Even in Units =

The total fixed cost/ Contribution Margin

= $241,000/$19

= 12, 684 units

Now, calculate the Break even in dollars=

Total fixed cost/ Contribution margin ratio

= $241,000/0.44

= $547,727.27

Solution B: Using the Contribution per unit Contribution Margin, determine Sales level in Units and dollars required for a profit of $121,600

What is the desired profit $121,600

The total fixed cost $241,000

Total amount is $362,000

Therefore, calculate the Break Even in Units using the new total fixed cost

= $362,000/$19= 19,052 units

Also, Calculate the Break even in dollars

= $362,000/ 0.44= $822,727.27

Solution C: Calculate salaries for salespeople to sell 21,500 units and make a profit of $121,600

We can start with an equation assumption as follows:

Let the required fixed cost be as follows:

The total fixed cost in solution 1 + X( the additional fixed cost required).

Therefore, the target profit

= Target Profit= Units to sell x (price- variable manufacturing cost) - the total fixed cost

= $121,600= 21,500 units x (43-17) - $241,000+ x

= $121,600= (21,500 x 26)- (241,000+ x)

=$121,600= 559,000- 241,000 -x

x= 559,000-241,000-121,600

x= $196,400

The salaries to pay to get a profit of $121,600 is $196,400

7 0

3 years ago

when a firm charges a fee for the right to purchase a product plus a per-unit charge for each unit purchased, what type of prici

VashaNatasha [74]

when a firm charges a fee for the right to purchase a product plus a per-unit charge for each unit purchased, a two-part pricing strategy is a firm employs.

Definition: A product is an item offered for sale. Products are services or items. It can be in physical or virtual or cyber form. All products are made at a price and sold at a price. The price charged varies by market, quality, marketing, and target segment.

A product is an item or service sold to satisfy a customer's needs or desires. they are physical or virtual. Physical products include durable goods (such as cars, furniture, and computers) and consumables (such as food and beverages).

Learn more about the product here

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3 0

2 years ago

Refer to the given balance sheets and assume the reserve ratio is 25 percent. suppose the federal reserve banks buy $2 in securi

nika2105 [10]

The FOMC buys and sells government securities to set the money supply. The is process is called open market operations. The government securities that are used in open market operations are Treasury bills, bonds and notes. ... To increase themoney supply in the market, the FOMC will purchase securities from banks.

7 0

3 years ago