Which of the following is (are) example(s) of a mixed cost? I. A building that is used for both manufacturing and sales activities. II. An employee's compensation, which consists of a flat salary plus a commission. III. Depreciation that relates to five different machines. IV. Maintenance cost that must be split between sales and administrative offices. II only. I, II, III, and IV. I, III, and IV. I only. I and III.

Answers

Answer 1
Answer:

Answer: The mixed cost is the employees compensation since it consist of both the flat salary which is fixed and the commission that is variable.

Explanation:

A mixed cost is a cost that is made up of a fixed cost and a variable cost. It is vital to understand the mix of these costs in order to forecast how the costs will be altered with various levels of activity.

As there is an increase in the mixed cost item, the fixed cost component will not change but the variable cost component will rise. Likewise, if there's a reduction in the mixed cost item, the fixed cost remains the same since it doesn't varies but the variable cost reduces. The formula for this relationship is:

Y = a + bx where

Y = Total cost

a = Total fixed cost

b = Variable cost per unit of activity

x = Number of units of activity

The mixed cost in the question is the employees compensation since it contains a flat salary which is a fixed cost and a commission which is the variable cost. The flat salary does not vary while the commission varies with the employees output.

Answer 2
Answer:

Final answer:

Options I, III, and IV are examples of mixed costs because they include both fixed and variable components.

Explanation:

The correct answer is I, III, and IV. These options represent examples of mixed costs, which are costs that include both fixed and variable components.

I. A building that is used for both manufacturing and sales activities is an example of a mixed cost because it incurs both fixed costs (such as rent) and variable costs (such as utilities).

III. Depreciation that relates to five different machines is also a mixed cost because it includes fixed costs (such as the initial purchase cost) and variable costs (such as ongoing maintenance and repairs).

IV. Maintenance cost that must be split between sales and administrative offices is another example of a mixed cost because it includes both fixed costs (such as regular maintenance) and variable costs (such as the specific repairs needed).

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Starset, Inc., has a target debt-equity ratio of 1.15. Its WACC is 8.6 percent, and the tax rate is 21 percent.Required:a. If the company's cost of equity is 14 percent, what is its pretax cost of debt?b. If instead you know that the aftertax cost of debt is 6.1 percent, what is the cost of equity?
The total product curve: a. will become flatter as output increases if there are diminishing returns to the variable input. b. will be downward-sloping if there are diminishing returns to the variable input. c. shows the relation between output and the quantity of a variable input for varying levels of the fixed input. d. will become horizontal when the marginal product of the variable input is constant.
Al is a medical doctor who conducts his practice as a sole proprietor. During 2019, he received cash of $334,200 for medical services. Of the amount collected, $33,600 was for services provided in 2018. At the end of 2019, Al had accounts receivable of $91,400, all for services rendered in 2019. In addition, at the end of the year, Al received $11,000 as an advance payment from a health maintenance organization (HMO) for services to be rendered in 2020. Compute AI's gross income for 2019 using the cash basis of accounting.

The set of marketing tools a firm uses to implement its marketing strategy is called the ________.

Answers

Answer:

Marketing mix.

Explanation:

Marketing mix is ​​defined as a set of elements that make up marketing actions in an organization. According to Kotler, the purpose of the marketing mix is ​​to help the company achieve its goals in the market by using a set of marketing tools.

There are several models developed to represent the marketing mix, but the most used by organizations is represented by four essential pillars for the development of any marketing strategy, which are the 4P's of marketing: product, price, place and promotion. For each variable there are distinct and relevant activities:

  1. Product: Differentiation of design, packaging, brand. Warranty Policy
  2. Price: Discounts and terms of payment and financing.  
  3. Place: Store, distribution channel, logistics.
  4. Promotion: Advertising, promotions.

Interest Payable. At its December 31 year-end, the company holds a mortgage payable that has incurred $1,125 in annual interest that is neither recorded nor paid. The company intends to pay the interest on January 7 of the next year.

Answers

Answer:

From all indications,it is very clear that the question requires a journal entry to record the unpaid interest.

Dr Interest expense             $1125

Cr Interest payable                         $1125

Explanation:

This is a typical case of an omitted entry in the books of accounts,specifically it relates year-end close accounting adjustments.

Under the accrual basis, which is prevalent in the  private sector,expenses are to recorded when incurred not when they are settled in cash,as result it is imperative that the above transaction needs be adjusted by debiting interest expense account and crediting same amount to interest payable account to affirm that the company has an obligation to $1125 to mortgage providers.

When a manager treats employees as lazy, unmotivated, and in need of tight supervision, the employees eventually meet the manager's expectations by acting that way. According to Douglas McGregor, this is known as a(n)___________.

Answers

Answer:

A self-fulfilling prophecy.

Explanation:

A self-fulfilling prophecy -

It is the socio psychological phenomenon ,

According to the prediction is something which is person truly believes , and at last comes out to be true , is referred to as a self - fulfilling prophecy .

The action of the people is directly linked to their beliefs , i.e. , whatever is the belief of the people , the same is showcased in the action of the person.

Hence , from the given scenario of the question,

The correct term is A self-fulfilling prophecy.

A stock is expected to pay a dividend of $0.75 at the end of the year. The required rate of return is rs = 10.5%, and the expected constant growth rate is g = 6.4%. What is the stock's current price? $17.39 $17.84 $18.29 $18.75 $19.22

Answers

Answer:

$18.29

Explanation:

It is very simple as per the question to calculate the current stock price.

The formula for calculating the Stock price is,

P = D/(r-g)

Hence, we calculate as follows,

Price = 0.75/(0.105-0.064)

Price = 0.75/0.041

Price = $18.29

Good Luck.

Your company sponsors a 401(k) plan into which you deposit 10 percent of your $123,000 annual income. Your company matches 75 percent of the first 10 percent of your earnings. You expect the fund to yield 12 percent next year. Assume you are currently in the 31 percent tax bracket. a. What is your annual investment in the 401(k) plan? (Round your answer to the nearest whole number. (e.g., 32))b. What is your one-year return?

Answers

Answer:

A) Your own Contribution in 401(K) is $12,000.

B) Total Value of fund after one year = $21,000 × (1 + 12%)

= $23,520.

Explanation:

A) Total Annual Income = $120,000

Contribution in 401(K) = 10% of income  

= $120,000 × 10%

= $12,000

your own Contribution in 401(K) is $12,000.

Employee contribution after tax = $12,000 × (1 31%)

= $8,280

Contribution of employer = $12,000 × 75%

= $9,000

Total Contribution = $12,000 + $9,000

= $21,000

Total Contribution in one year is $12,000.

Yield on fund = 12%

Total Value of fund after one year = $21,000 × (1 + 12%)

= $23,520.

after tax return = ($23,520 -$8,280) / $8,280

= 184%

After tax return is 184%.

You don't have to pay that income tax until you withdraw the money

Final answer:

The annual investment in the 401(k) plan is $21,525, comprising $12,300 from your contribution and $9,225 from your company's match. The one-year return, counting an expected yield of 12%, would be $24,108.

Explanation:

The annual investment in the 401(k) plan is calculated by finding 10% of the annual income of $123,000 which amounts to $12,300. The company then matches 75% of this investment. So, the company contribution is 0.75 * $12,300 = $9,225. Therefore, the total annual investment into the 401(k) plan is $12,300 (your contribution) + $9,225 (company’s contribution) = $21,525.

Your one-year return would be the total investment in the fund, including the expected 12% yield next year. So that's $21,525 * 1.12 = $24,108.

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The workers at State Hospital, a public sector employer, and Acme Inc, a private employer, are subject to speech censorship and arbitrary job termination. Constitutional issues are present only for the State Hospital workers.TrueFalse

Answers

Answer:

The workers at State Hospital, a public sector employer, and Acme Inc, a private employer, are subject to speech censorship and arbitrary job termination. Constitutional issues are present only for the State Hospital workers is a TRUE statement.

Explanation:

  • The State Hospital is owned and supervised directly by the state government, whereas, the organization named Acme Inc, is privately owned.
  • In a state-owned entity, the state government is the authority that has the final say which is based on the Constitution.
  • Hence, the arbitration done in the state hospital issues would also include Constitutional issues.
  • Whereas, the same would not be the case with the privately owned organization.