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Arte-miy333 [17]
2 years ago
6

Environmentalists have continually argued for the use of alternatives to fossil fuels to generate energy. Harnessing wind power

by setting up wind farms had been one alternative proposed and implemented. As it is now known that these wind farms lead to the slicing and dicing of migratory birds and the decimation of the local bat population, we could say that environmentalists have committed the: _________
Business
1 answer:
son4ous [18]2 years ago
7 0

Answer:

<u>Mistake of ignoring secondary effects</u>

Explanation:

Whenever there arises an adverse impact of a policy and it's implementation, owing to ignorance of secondary consequences, it is termed as ignoring secondary effects.

In short, it refers to assessing and viewing only the positive aspects of a policy or a move, meanwhile not taking into consideration the other adverse consequences which are also associated with the same policy.

In the given case, the environmentalists have only considered the generation of alternative sources of energy via windmills which will lead to preservation of fossil fuels. The proposed policy has been implemented without taking into account it's flip side i.e the harm it causes to bat population and migratory birds.

Thus, it can be stated that the environmentalists herein only considered the favorable outcome of a policy implementation and ignored the adverse effect of the same. Hence, they are said to have committed the mistake of ignoring the secondary effects.

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If the selling price is $22 per unit, what is the contribution margin per unit sold? (round your answer to 2 decimal places.)
Rasek [7]
The computation follows:

1. Solve first for the variable cost per unit.
Direct materials $ 6.00 

<span>Direct labor $ 3.50 
</span>
<span>Variable manufacturing overhead $ 1.50 
</span>
<span>Sales commissions $ 1.00 
</span>
<span>Variable administrative expense $ 0.50 
</span>
<span>= $12.50 variable cost per unit 

2. Then deduct the selling price to the variable cost per unit, to get the contribution margin.

</span><span>22 - 12.50 = $9.50 CM per unit</span>
7 0
3 years ago
Marcelino Co.’s March 31 inventory of raw materials is $80,000. Raw materials purchases in April are
Setler [38]

Answer:

A journal entry was prepared to  record the transactions of Marcelino Company during the month of April with the scheduled cost of goods.

Explanation:

Solution

The first step is to take is  preparing  a journal entries to record the transactions of Marcelino Company during the month of April.

(a)  JOURNAL ENTRIES OF MARCELINO COMPANY

                                Job 306        Job 307      Job 308     April Total

Balances on 31st

    March

Direct materials       29000    35000                               64000

Direct labor                20000    18000                                38000

Applied overhead      10000      9000

(b)

Costs during April

Direct materials           135000    220000   100000    455000

Direct labor                   85000    150000     105000 340000

Applied overhead            42500    75000    52500 170000

Cost of Manufacturing    32150      507000  257500 1086000

Status on April 30     Finished (sold)Finished (unsold)In process

April Profit Statement

Manufacturing Cost               1086000

Less Closing WIP job 306 257500

Less Finished goods 307 507000

ADD overhead under applied 5000

Cost Of Goods sold           326500

Sales Value                           635000

Gross Profit                           308500

OverheadActualy incured  

Indirect material                    50000

Indirect labor                          23000

Factory rent                            32000

Factory Utility                          19000

Factory equipment             51000

OverheadActualy incured     175000

Overhead applied             170000

Overhead under applied      5000

We create another Journal for Marcelino Company

Journal                       Credit               Debit

Material Control        500000

Account Payable                               500000

Overhead control      175000

Overhead payable                              175000

Wage Control              363000

Wage Payable                                      363000

Work in progress       455000

Material Control                                    455000

Work in progress        340000

Direct labor                                            38000

Work in progress         170000  

Applied overhead                                 170000

Overhead under applied 5000  

Cost of Goods sold                                 5000

Finished Goods          507000  

Work in progress                                    507000

5 0
2 years ago
Which potential stakeholders are a list in Proctor and Gamble’s purpose statement
sp2606 [1]

P&G's Purpose Statement is as follows

We will provide branded products and services of superior quality and value that improve the lives of the world’s consumers, now and for generations to come. As a result, consumers will reward us with leadership sales, profit and value creation, allowing our people, our shareholders and the communities in which we live and work to prosper.

Stakeholders:

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3 years ago
Who is responsible for the preparation and integrity of the financial statements?
mezya [45]
The management of a company is responsible for the preparation and integrity of financial statements. These then get based on to accountants for tax purposes. Just as we keep records and "manage" our personal accounts for financial purposes, management does this for their corporation. 
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3 years ago
A firm that has the ability to control to some degree the price of the product it sells
Llana [10]
I believe the answer is Monopolist.
8 0
3 years ago
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