BUSINESS COLLEGE

The Food and Drug Administration is targeting salt in processed foods as a health hazard, and some experts believe the agency will require food manufacturers to limit the amount of salt in processed foods. However, the reduction will occur in phases, with salt content being reduced in steps so that consumers will be weaned off of salt gradually. Carefully controlled research studies are underway in which the salt levels are varied and consumers' reactions to the taste are measured. This research is an example of:________ a) causal research
b) conditional research
c) exploratory research
d) objective research
e) descriptive research

Answers

Answer 1
Answer:

Answer:

d) objective research

Explanation:

We need to note that mention was made that the research was "Carefully controlled." Been carefully controlled shows that the research has an objective.

Furthermore, measuring the reactions of consumers at different salt levels makes the research factual and thus a decision could be made from the findings.
Answer 2
Answer:

Final answer:

The research being conducted on salt levels in processed foods and consumers' reactions to taste is an example of descriptive research.

Explanation:

The research being conducted, in which salt levels in processed foods are varied and consumers' reactions to taste are measured, is an example of descriptive research. Descriptive research is aimed at describing or characterizing a phenomenon or group of phenomena and does not give explanations for the observed phenomena. In this case, the research is focused on describing the impact of varying salt levels on consumers' reactions to taste, without attempting to establish causal relationships or explanations for those reactions.

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If we accept "consumer satisfaction" as the objective of our macro-marketing system, this means that: consumer educators should choose what products should be produced. "home economists" will be the best judges of what should be produced. each consumer should decide how best to satisfy his or her own wants. not every consumer should be allowed to decide his or her own wants. government planners should choose the kinds of products to be produced.
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Messing Company has an agreement with a third-party credit card company, which calls for cash to be received immediately upon deposit of customers' credit card sales receipts. The credit card company receives 3.5 percent of card sales as its fee. Messing has $4,000 in credit card sales on January 1.Prepare the January 1 journal entry for Messing Company

The following work-in-process inventory information is provided for a company: All direct materials are added at the beginning of the production process. Beginning inventory is 70% complete for conversion, and ending inventory is 40% complete for conversion. Units 8,000 Direct Materials Costs $11,000 $74,000 Conversion Costs $29,000 $161,000 Beginning work in process Cost added Ending work in process Units completed/transferred 12,000 33,000 What is the total production cost of the ending work in process using weighted average process costing?

Answers

Answer:

$24129.6

Explanation:

Calculation:

Equivalent units in ending work in process inventory for conversion = 33000+(12000*0.4) = 37800

Cost per equivalent unit (conversion) = 29000+161000/ (37800) = 5. 027

Total production cost of ending inventory = 24129.6  

We calculate the equivalent units of production by adding the units transferred and completed, and the equivalent units in the ending inventory, so the equivalent units in ending work in process inventory for conversion becomes 37800.

Then we add the cost of beginning work-in-process for conversion and costs added during the production period for conversion and divide it by equivalent units in in ending work in process inventory for conversion.

After that, we get per unit cost which is then multiplied by the equivalent units in conversion to get total production costs.

Since, the all direct material costs are added in the beginning of the process,we don’t include in the other periods.

Ski West, Inc., operates a downhill ski area near Lake Tahoe, California. An all-day adult lift ticket can be purchased for $85. Adulit customers also can purchase a season pass that entitles the pass holder to ski any day during the season, which typically runs from December 1 through April 30. Ski West expects its season pass holders to use their passes equally throughout the season. The company's fiscal year ends on December 31. On November 6, 2018, Jake Lawson purchased a season pass for $450.1. What will be included in the Ski West 2018 Income statement and balance sheet related to the sale of the season pass to Jake Lawson? Complete this question by entering your answers in the tabs below. 2. When should Ski West recognize revenue from the sale of its season passes?3. Prepare the appropriate ournal enteries that Sky West would record on November 6 and December 31.

Answers

Answer:

Ski West, Inc.

1. What Ski West 2018 should include in its Income statement and balance sheet related to the sale of the season pass to Jake Lawson?

a) Income Statement:

Season Passes Revenue = $90 ($450/5).  This represents December season pass by Jake Lawson.

b) Balance Sheet:

Unearned Season Passes Revenue $360 as a current liability.

2. When Ski West should recognize revenue from the sale of its season passes:

Revenue should be recognized on December 31.

3. Journal Entries on November 6 and December 31:

November 6:

Debit Cash Account $450

Credit Unearned Season Passes Revenue $450

To record the receipt from Jake Lawson.

If this sale was on account, then the Accounts Receivable is debited instead.

December 31:

Debit Unearned Season Passes Revenue $90

Credit Season Passes Revenue $90

To record the earned revenue from Jake Lawson's.

Explanation:

Unearned revenue is not recognized in the income statement.  It is taken to the Balance Sheet as a current liability.  It is not recognized because it does not belong to the current period, as specified by the accrual concept and matching principle.

About how frequently does Hope receive a paycheck?

Answers

A paycheck is a salary the employee or worker gets. Hope receives a paycheck every 2 weeks.

What is a paycheck?

A paycheck means the salary or wages an employee or worker gets for doing the work under their employment by the employer.

The frequency of a paycheck usually depends on the period of work. i.e a month in most cases but here Hope receives a paycheck every 2 weeks.

Therefore, the above statement aptly describes the paycheck.

Learn more about Paycheck here:

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Answer:

every 2 weeks

Explanation:

Why is zero unemployment and zero inflation not ideal for the economy?

Answers

Zero unemployment and zero inflation is not good fpr the economy because inflation is important to keep the economy running.economis t call this sustainable inflation. when there is an inflation , you know that the price will rise in the future. your money is more valuable now since the price is lower then the future thus you sped noe instead of saving. this keeps the economy running.
If unmeployment were zero that would mean no new business could start, no existing business could expand and no one is entering the labor force. shortage of labor like this would increase the wage as the existing business  have to compete for the labors and if wage sgoes up then prices goes up as well: inflation.

The Cash account of First on AlertSecurity Systems reported a balance of $ 2 comma 430at December31​,2018.There were outstanding checks totaling $ 1 comma 000and a December31 deposit in transit of $ 200.The bank​ statement, which came from ParkCities​ Bank, listed the December31balance of $ 3 comma 910.Included in the bank balance was a collection of $ 690on account from Jane Lindsey​,a First on Alertcustomer who pays the bank directly. The bank statement also shows a $ 20service charge and $ 10of interest revenue that First on Alertearned on its bank balance. Prepare First on Alert​'sbank reconciliation at December31.

Answers

Answer:

First on Alert​'s bank reconciliation at December 31, 2018

Cash Account First on Alert Security Systems  

Balance , December 31,2018  $2,430

Add: Collection from Jane Lindsey $690  

Add: Interest revenue  $10

Less:-Service charges  $20.00

Adjusted Cash Account balance December 31, 2018  $3,110.00

Bank Account at Park Cities

 

Balance , December 31,2018  $3,910

Add: Deposit in transit  $200

Less: Outstanding cheque $1,000

Adjusted bank balance December 31, 2018  $3,110.00

What rate of interest with continuous compounding is equivalent to 8% per annum with monthly compounding?

Answers

Answer:

8.30% is the rate of interest with continuous compounding is equivalent to 8% per annum with monthly compounding

Explanation:

Per annual rate = r = 8% = 0.08

Numer of compounding = m

Compounding Interest rate = ( ( 1 + r / m )^m ) - 1

Compounding Interest rate = ( ( 1 + 0.08 / 12 )^12 ) - 1

Compounding Interest rate = 0.0829995

Compounding Interest rate = 0.083

Compounding Interest rate = 8.30%

So, 8.30% is the rate of interest with continuous compounding is equivalent to 8% per annum with monthly compounding.
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