Answer:
B) performing stage of group development.
Explanation:
The stages in group development are
In the forming stage, the project team members get to know each other and lay the basis for project and team ground rules.
In the storming stage, features the start of conflict as team members begin to resist authority and demonstrate hidden agenda.
In the norming stage, members agree on operating procedures and seek to work together.
In the the performing stage, finally committing to the project development process. Group members work to accomplish the project and display a level of competence.
In the adjourning stage, once their work is done, group is disband.
Answer:
D. It will increase by 667 units.
Explanation:
The calculation of break-even point is shown below:-
Contribution Per Unit (before increase in Variable Cost) = Unit sale price - Unit Variable Cost
= $55 - $30
= $25
Break-Even (Units) = Fixed Cost ÷ Division Contribution per unit
= $25,000 ÷ $25
= 1,000
New Variable Cost per unit = $30 + $10 (Increase in Direct material cost) = $40
Selling Price = $55
New Contribution per unit = $55 - $40 = $15
New Break-Even (Units) = Fixed Cost ÷ New Contribution per unit
= $25,000 ÷ $15
= 1,667
Increase in Break-Even Units(after increase in D.M cost) = New Break even point - Old Break even point
= 1,667 - 1,000 units
= 667 units
Therefore, The Break even points units will increase by 667 units, if the D.M cost increases by $10 per unit.
A. A long-term loan usually requires a low debt-to-income ratio.
B. A long-term loan usually has a lower total cost.
C. A long-term loan usually has a lower interest rate.
D. A long-term loan usually requires no credit check.
One of the major advantages of taking a long-term loan is that a long-term loan usually has a lower interest rate. Therefore (C) is the correct option.
A long-term loan is a financial instrument with a one-year maturity. Both private and public institutions are accepting applications for this loan. Collateral is generally needed for long-term loans.
The loan's interest rate is lower than that of a short-term loan because it must be repaid over a three-to ten-year period.
Therefore, (C) is the correct option.
To know more about loans, visit the link below
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(A) Specific
(B) Sentimental
(C) Short
(D) Serendipitous
(E) Spontaneous
The characteristics of an effective goodwill messages includes the element of specific, spontaneous and short.
These are kind of messages that are used in the workplace to show a sense of kindness and friendliness.
Hence, its characteristics includes the element of specific, spontaneous and short.
Therefore, the Option A, C and E is correct.
Read more about effective goodwill messages
Effective goodwill messages should be specific, sentimental, and short, clearly and efficiently communicating the writer's emotions and intentions.
The characteristics of effective goodwill messages include being specific, sentimental, and short. (A) A specific message refers to one that is detailed and direct. Instead of generic phrases, it's more effective to provide exact reasons for your gratitude or sympathy. (B) Sentimental, in this context, means that the message should touch upon emotions and feelings. It's important to create a genuine and heartfelt tone to the message. (C) Keeping the message short and to the point is often appreciated as it respects the recipient's time while effectively communicating your thoughts and feelings.
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Answer:
The journal entry is as follows:
Interest expense $961,388.00
Discount on issue of bond $61,388.00
Cash $900,000.00
Explanation:
In order to prepare the journal entry we have to calculate first the interest expense and the cash.
Therefore, Interest expense= ($19,227,757×10%×6/12)=$961,388.00
Cash=$20,000,000×9%×6/12= $900,000
By difference then, the discount on bond payable=$961,388-$900,000
=$61,388.
Hence, the journal entry is as follows:
Interest expense $961,388.00
Discount on issue of bond $61,388.00
Cash $900,000.00
If this is on Odyssey then its Helping
Answer:
The Gourmand Cooking School
1. Planning Budget for September:
Fixed Cost Cost per Cost per Planning
per Month Course Student Budget
Instructor wages $ 2,960 $11,840
Classroom supplies $ 270 16,740
Utilities $ 1,220 $ 75 1,520
Campus rent $ 4,800 4,800
Insurance $ 2,300 2,300
Administrative expenses $ 3,900 $ 44 $ 7 4,510
Total $41,710
2) Flexible Budget for September:
Fixed Cost Cost per Cost per Flexible
per Month Course Student Budget
Instructor wages $ 2,960 $11,840
Classroom supplies $ 270 15,120
Utilities $ 1,220 $ 75 1,520
Campus rent $ 4,800 4,800
Insurance $ 2,300 2,300
Administrative expenses $ 3,900 $ 44 $ 7 4,468
Total $40,048
3. The Revenue and Spending Variances for September (based on flexible budget):
Planning Flexible Actual Spending
Budget Budget Variance
Revenue $55,180 $46,280 $52,280 $6,000 F
Instructor wages $11,840 $11,840 $11,120 $720 F
Classroom supplies 16,740 15,120 16,590 1,470 U
Utilities 1,520 1,520 1,930 410 U
Campus rent 4,800 4,800 4,800 0 None
Insurance 2,300 2,300 2,440 140 U
Administrative expenses 4,510 4,468 3,936 532 F
Total $41,710 $40,048 $40,816 $768 U
Explanation:
a) Data and Calculations:
Sales price per student = $890
Planned number of courses = 4
Planned total number of students = 62
Actual number of courses ran = 4
Actual total number of students = 56
Data concerning the company’s cost formulas appear below:
Fixed Cost Cost per Cost per
per Month Course Student
Instructor wages $ 2,960
Classroom supplies $ 270
Utilities $ 1,220 $ 75
Campus rent $ 4,800
Insurance $ 2,300
Administrative expenses $ 3,900 $ 44 $ 7
Actual Results:
Actual Revenue $ 52,280
Instructor wages $ 11,120
Classroom supplies $ 16,590
Utilities $ 1,930
Campus rent $ 4,800
Insurance $ 2,440
Administrative expenses $ 3,936
The planning budget for September, based on 4 courses and 62 students, calculated total expenses of $17,467 and expected revenue of $55,180. The flexible budget was recalculated based on having 4 courses and 56 students, with expenses of $17,629 and revenue of $49,840. Variances between the flexible budget and actuals showed an unfavorable revenue variance of $2,440 and expense variance of $1,387.
The planning budget would be based on the planned courses and student numbers. The calculation includes fixed costs, plus variable costs for each course and student. Considering 4 courses and 62 students, the total expenses come out to be $17,467, while expected revenue would be $55,180 ($890 per student).
The flexible budget would adjust the planned budget based on actual results. Here, with the same 4 courses but only 56 students, the adjusted expenses are $17,629, and the actual revenue is $49,840.
The revenue and spending variances for September can then be calculated by comparing actual results to the flexible budget. The revenue variance is $2,440 unfavorable ($52,280 - $49,840), while the spending variance is $1,387 unfavorable ($19,016 - $17,629).
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