Answer:
The slope for the relationship between the price and the quantity of ice cream sold would be of -1/15
Explanation:
In order to calculate the slope for the relationship between the price and the quantity of ice cream sold we would have to calculate the following formula:
Slope= change in yaxis( vertical)/change in xaxis(horizontal)
Slope= change in price/change in quantity demand
Slope=P2-P1/Q2-Q1
Slope=3-4/35-20
Slope=-1/15
The slope for the relationship between the price and the quantity of ice cream sold would be of -1/15
Answer:
Direct labor rate variance= $12,575 unfavorable
Explanation:
Giving the following information:
Last year, the company’s direct labor payroll totaled $352,100 for 50,300 direct labor hours. The standard wage rate is $6.75 per direct labor hour.
To calculate the direct labor rate variance, we need to use the following formula:
Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity
Actual rate= 352,100/50,300= $7 per hour
Direct labor rate variance= (6.75 - 7)*50,300
Direct labor rate variance= $12,575 unfavorable
Answer:
Explanation:
amortization schedule:
Date Lease PMT Interest Principal Lease Balance
01.01.17 95,000
12.31.17 37,534.57 8550 28,984.57 66,015.43
12.31.18 37,534.57 5,941.39 31,593.18 34,422.25
12.31.19 37,534.57 3,112.33 34,422.25 0
Present value interest factor of annuity for 9% and 3 years = 2.531
Annual payment will be = 95,000/2.531 = $37,534.57
Interest for the 1st year will be = 95,000*0.09 = $8550
Dr Fixed Asset 95,000
Cr Lease Paybale 95,000
31/12/17
Dr Lease Payable 28,984.57
Dr Interest 8550
Cr Cash 37,534.57
31/12/18
Dr Lease Payable 31,593.18
Dr Interest 5,941.39
Cr Cash 37,534.57
31/12/19
Dr Lease Payable 34,422.25
Dr Interest 3,112.33
Cr Cash 37,534.57
The journal entry at commencement of the lease for Macinski includes debit: Lease Receivable $234,618.36, debit: Machine Cost $70,000.00, and credit: Lease Revenue $304,618.36. The journal entry at commencement of the lease for Sharrer includes debit: Machine $304,618.36, credit: Lease Payable $234,618.36, and credit: Cash $70,000.00.
a) The lease agreement between Macinski Leasing Company and Sharrer Corporation is a finance lease because it transfers ownership of the machine to Sharrer at the end of the lease term. Both parties should apply the accounting method for finance leases.
b) To prepare the amortization schedule, we need to calculate the annual lease payment, which is the present value of the future lease payments. We can use the formula PV = PMT x [(1 - (1 + r)^-n) / r], where PV is the present value, PMT is the annual payment, r is the interest rate, and n is the number of periods. Using the given information, we can calculate the annual payment and then prepare the amortization schedule.
c) The journal entry at commencement of the lease for Macinski is:
d) The journal entry at commencement of the lease for Sharrer is:
e) The journal entry at commencement of the lease for Sharrer, assuming (1) Sharrer does not know Macinski's implicit rate and (2) Sharrer incurs initial direct costs of $10,000, is:
#SPJ11
Answer:
$6400
Explanation:
Working capital is the net of current asset and current liabilities. it is a financial measure that gives insight into how liquid a company is considering that it shows whether or not the current assets can be used to settle the current obligations or liabilities of the company adequately.
The change in property, plant, and equipment of $48,000 is not an element of working capital, Hence change in working capital
= $8700 - $2300
= $6400
Answer:
(A) Mastering nonverbal signals will allow you to "read someone like a book."
Explanation:
Nonverbal communication refers to all the ways peop`le can communicate without using language like:
It is more probably that people inccur into nonverbal language without know they do so. In most of the time is unconsciosly
Anyway, mastering will not allow you to fully understand people entirely, people are different and they can expresse something but think different. And this is also applicable to nonverbal communication.
Answer:
The false statement is Mastering nonverbal signals will allow you to "read someone like a book."
Explanation:
Nonverbal signals tell us a lot about a person and his behavior and personality, but we cannot say that triumphing can let us flip through someone like a book.
Most of the time, nonverbal signals are inadequate without verbal communication, and nonverbal signals don't tell us with assurance regarding anything.
Learn more about nonverbal communications refer:
Please find full question attached
Answer and Explanation:
I will use Apple and HP in this comparison.Here I would compare Apple's laptop to that of Hewlet Packard as this is where they meet in the industry. Apple employs a strategy of differentiation and standing out in competition through their products. They aim to create products that are quite different and unique/innovative from other products in the market, and yet what the customer wants. In doing this, Apple has a trade-off for cost as they charge alot higher for their products than their competitors. HP on the other hand focus on making the best possible products that get the job done/meet the needs of customers while also being affordable. HP is more focused on affordable devices for their market and therefore have a different market segment for laptops from that of Apple. There is a trade-off for cost and market segment in this comparison
Answer:
irrelevant costs in Boise’s outsourcing = $25500
Explanation:
given data
variable costs = $80,000
fixed operating costs = $25,000
administrative overhead = $18,000
fixed operating costs reduced = 70%
to find out
The irrelevant costs in Boise’s outsourcing decision total
solution
we get here first reduction in traceable cost that is
reduction = 30% of $25,000
reduction = $7500
so irrelevant costs in Boise’s outsourcing will be
irrelevant costs in Boise’s outsourcing = administrative overhead + reduction cost
irrelevant costs in Boise’s outsourcing = $18000 + $7500
irrelevant costs in Boise’s outsourcing = $25500