Answer:
The allocated overhead per unit to Generic is $1.34 and to Label is $1.25 per unit.
Explanation:
Please see attachment
Answer:
Fixed Cost:
Total remains unchanged at total level.
And are variable at unit level, increase at lower level and decrease as higher level.
Variable Cost:
At unit cost, are the same, are the cost of producing one unit.
At total variable cost, it will increase along with sales and decrease when the sales are lower.
Explanation:
The unit fixed cost will be variable at unit level. As this amount will be distribute over more or less units.
So an increase of sales, decrease the unit fixed cost
and decrease of sales, increase the unit fixed cost
At total level, the fixed cost are the same for hte relevant range.
Answer:
The present value of security is $2300
Explanation:
The value or price of the perpetuity today is calculated by dividing the constant cash flow it provides per period by the interest rate or the rate of return (r). Thus the price of this perpetuity according to the formula will be,
Value of perpetuity = Cash flow / r
Value of perpetuity = 115 / 0.05
Value of perpetuity = $2300
Had Marcus clicked on the link at the bottom of the screen, he would have seen the following:
The second screen stated "Three-day trial version- Free! $59.99 annual fee thereafter." Marcus was annoyed that the app would cost him almost $60 but figured he would set a reminder on his phone to cancel the app before the trial period expired so he wouldn't get charged. Plus, he wanted to see the app in action. If it was actually worth the price, he wouldn't mind paying the annual fee. He clicked "Continue" and put in his bank card information on the next screen. The following screen asked Marcus a series of questions about his stress level and what he felt caused stress in his life. He clicked "high" and "work" as the level and cause. He then completed the first CalmDown meditation in the app, but was not impressed with its functionality. Deciding he would cancel his subscription immediately, he went into the profile settings to try to find the cancel option but couldn't. He searched every possible place on the app but didn't see a way to cancel the subscription. Marcus decided to try to find the app's developer through their website, but a quick search didn't turn up anything. Already stressed and becoming more frustrated, Marcus decided to contact the app store. They informed him that he should be able to go into his app store account and cancel the subscription there. However, when Marcus went there, he didn't see the app as an option or as a subscription. Thinking that maybe his subscription didn't process, he just deleted the app from his phone.
Marcus didn't give the app or the subscription any more thought, becoming increasingly more distracted by the amount of stress at work. Four months later, Marcus was looking at his bank account online and noticed it was lower than it should have been. He began reviewing the charges and noticed multiple charges for $59.99 to a merchant named "CDgotU." He immediately remembered the app and contacted his bank to dispute the charges. His bank replied that due to the charges being debit withdraws he needed to dispute them within 2 days of being made. Moreover, if he had been diligent about watching his account, they could have put a block on the account and the remaining fraudulent charges would have been prevented. The bank representative also told him that he should try to get a refund from the company that charged him. After making his case with the bank representative for several hours about how he tried to cancel his subscription, he was unsuccessful. The bank's representative was able to provide Marcus a phone number attached to the Merchant account, but when Marcus called the number it was disconnected. The bank could not provide him with any additional information such as a company address or website.
After more internet searching, Marcus saw a number of other complaints online about the app, and noticed it had been removed from the app store and was no longer available for download. Marcus decided to bring an action against the company for fraud, breach of contract, conversion, and several other claims in his home state of Vermont.
Can Marcus compel the bank or the app store to provide additional information about the creator of CalmDown in order to determine the creator's location and potential assets?
a. No, these records are not subject to being subpoenaed due to their confidential nature.
b. Yes, he can subpoena records during the discovery process from both, but the bank and the app store may ask the judge to deny the request or limit the request due to privacy concerns.
c. Yes, but he must subpoena these records prior to the filing of the complaint.
d. Yes, he can file interrogatories during the discovery process to both the bank and the app store.
Answer: b. Yes, he can subpoena records during the discovery process from both, but the bank and the app store may ask the judge to deny the request or limit the request due to privacy concerns.
Explanation:
Marcus can indeed compel the bank or the app store to provide additional information about the creator of the app should he wish to find out the creator's location and its potential assets so he can purse the case appropriately legal wise.
He can do this by subpoenaing the required information when laying the background for the suit. As this information is considered private and confidential however, both the bank and the store could appeal to the Judge to refuse Marcus's request on the grounds of privacy concerns.
Answer:
the anser is B
Explanation:
2. Does the pattern of variances suggest that the company’s managers have been making trade-offs? Explain.
Answer and Explanation:
According to the scenario, computation of the given data are as follow:-
1. Direct Material Price is
= Actual Quantity × (Standard Rate - Actual Rate)
= 1,780,000 × ($1.40 - $1.30)
= 1,780,000 × 0.10
= $178,000 Favorable
Direct Material Quantity Variance is
= Standard Rate × (Standard Quantity - Actual Quantity)
= $1.40 × [(210,000 × 8) - 1,780,000]
= $1.40 × (1,680,000 - 1,780,000)
= $1.40 × -100,000
= -$140,000 Unfavorable
Direct Labor Rate Variance is
= Actual Hour × (Standard Rate - Actual Rate)
= 4,900 hours × ($12 - $13)
= -4,900 hours × $1
= -$4,900 Unfavorable
Direct Labor Efficiency Variance is
= Standard Rate × (Standard Hours - Actual Hours)
= $12 × [(210,000 × 0.024) - 4,900]
= $12 × [5,040 - 4,900]
= $12 × 140 hour
= $1,680 Favorable
2. As we can see that the material price variance and labor efficiency variance comes in favorable while on the other side, the material quantity variance and labor rate variance comes in unfavorable.
And we assume that the managers are purchasing the materials efficiently at lesser rates and the usage is not efficient.
Consequently , labor is efficient if the company paid at higher rate.
Therefore the managers are making trade offs.
Moreover, they are compromising of labor rate so that there would be rise in efficiency.
And at the same time if cheaper material is buyed so the quality is compromised and the changes of wastage is high that reflects the material quantity variance unfavorable
b. False
Answer:
a. True
Explanation:
The system of the bank contains the customers data i.e. name and the address by which they could be identified also their accounts are identified. Each and every account has the balance option also it involved two types of accounts i.e. saving that provides the rate of interest and the other one is for investment that used to purchase the stocks
Hence, the given statement is true
Answer:
Mechanization
Explanation:
When a ware house is being setup, the aim is to get an efficient one that can service demand in a timely manner.
In order to minimise cost and maximise efficiency there is need to space, labour, and mechanisation that will be used on the production process.
Various analysis like capacity analysis and equipment analysis are carried out to ensure fast and cheap operation of the warehouse.
Inefficient warehouse designs leads to delay in service delivery and extra cost to the business.