In the future, electrical power may come from quantum nucleonics, a form of nuclear power that produces no residual radiation. The ability to use this form of power will require equipment adaptations, but it will solve the world’s need for clean and efficient power. Companies that replace inefficient sources of power with quantum nucleonics only after they are required to by the Environmental Protection Agency are operating at a(n) _____ responsibility level. Group of answer choices

Answers

Answer 1

Answer:

Answer: legal

Explanation:

The Environmental Protection Agency (EPA) was established in so that both human and the environmental health can be protected.

Based on the information given in the question, the companies that replace inefficient sources of power with quantum nucleonics only after they are required to by the Environmental Protection Agency are operating at a legal responsibility level. It should be noted that the law will have to be obeyed by the business at this legal responsibility level.

Related Questions

15. Assume that Bullen issued 12,000 shares of common stock, with a $5 par value and a $47 fair value, to obtain all of Vicker's outstanding stock. In this acquisition transaction, how much goodwill should be recognized
Describe the two types of brakes fitted on a motor vehicle
Carlos, the HR Director of a large paper manufacturing company, is studying the company's turnover costs. He has accounted for most of the easily calculable costs, but he is concerned about the hidden costs of turnover. Given this information, which of the following is most likely a cause of concern for Carlos?a. Missed project deadlines b. Employee referral fees c. Preemployment medical expenses d. Accrued vacation expenditures
n its 2016 annual report, Kohl's Corporation reported the following (in millions): Total assets $13,574 Total shareholders' equity $ 5,177 Total liabilities $ 8,397 What proportion of Kohl's Corporation is financed by nonowners?
This year, Druehl, Inc., will produce 60 comma 000 hot water heaters at its plant in Delaware, in order to meet expected global demand. To accomplish this, each laborer at the plant will work 160 hours per month. If the labor productivity at the plant is 0.15 hot water heaters per labor hour, how many laborers are employed at the plant?

Beverly Company has determined a standard variable overhead rate of $3.10 per direct labor hour and expects to incur 0.50 labor hour per unit produced. Last month, Beverly incurred 1,250 actual direct labor hours in the production of 2,600 units. The company has also determined that its actual variable overhead rate is $2.40 per direct labor hour. Calculate the variable overhead rate and efficiency variances as well as the total amount of over- or underapplied variable overhead.

Answers

Answer:

Variable overhead rate variance = $ 875 favorable

Variable overhead efficiency variance = $ 4,185 favorable

Variable overhead cost variance = $5,060 Favorable

Explanation:

Standard hours = 1 hr x 2600 units = 2600 hours

Standard rate = $3.10

Actual hours = 1,250 hours

Actual rate = $2.40

Variable overhead rate variance = ( Standard Rate - Actual Rate ) x Actual Hrs

= ( $ 3.10 - $2.40 ) x 1250 Hrs

= $0.7 x 1250

=$ 875 favorable

Variable overhead efficiency variance = (Standard hours - Actual hours) x Standard Rate

= (2600 - 1250 ) x $ 3.10

= $ 4,185 favorable

Variable overhead spending variance = Variable overhead rate variance + Variable overhead efficiency variance

= $875 + $4,185

= $ 5,060 favorable

Variable overhead cost variance = Standard cost - Actual Cost

= (2600 X 3.10) - (1250 X 2.40) = 8,060 - 3000

= $5,060 Favorable

QS 3-7 Adjusting prepaid (deferred) expenses LO P1 For each separate case, record the necessary adjusting entry. On July 1, Lopez Company paid $2,900 for six months of insurance coverage. No adjustments have been made to the Prepaid Insurance account, and it is now December 31. Zim Company has a Supplies account balance of $8,400 at the beginning of the year. During the year, it purchased $3,700 of supplies. As of December 31, a physical count of supplies shows $1,650 of supplies available. Prepare the year-end adjusting entries to reflect expiration of the insurance and correctly report the balance of the Supplies account and the Supplies Expense account as of December 31.

Answers

Answer:

Adjusting Journal Entries:

December 31:

Debit Insurance Expense $2,900

Credit Prepaid Insurance Account $2,900

To record the insurance expense for the year.

Debit Supplies Expense $10,450

Credit Supplies Account $10,450

To record the supplies expense for the year.

Explanation:

a) The whole portion of Prepaid Insurance has expired since payment was made for 6 months on July 1. This covers the period from July 1 to December 31.

b) The total supplies inventory for the year will be $12,100 ($8,400 + 3,700). Since the physical count shows $1,650 of supplies available, it means that the difference $10,450 ($12,100 - 1,650) had been used. This portion is therefore expensed in accordance with the accrual concept.

Final answer:

The necessary adjusting entries for Lopez Company would be debiting Insurance Expenses and crediting Prepaid Insurance. For Zim Company, used supplies would be debited to Supplies Expense and credited to the Supplies account.

Explanation:

The two situations mentioned involve adjusting entries for prepaid and consumed expenses. It is necessary to adjust these periodically to accurately present the financial statements of a company.

In the case of Lopez Company, they paid $2,900 for six months of insurance coverage starting July 1. As it is now December 31, five months of the insurance has been used, with one month still not used (prepaid). Thus, the necessary adjusting entry would be a debit to Insurance Expense of $2,416.67 (5/6 x $2,900) and a credit to Prepaid Insurance of $2,416.67.

For Zim Company, their total supplies for the year is the beginning balance plus additional purchases ($8,400 + $3,700 = $12,100). As of December 31, only $1,650 worth of supplies are still available. This means $10,450 worth of supplies have been used. This would be debited to Supplies Expense and credited to the Supplies account.

Learn more about adjusting entries here:

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Edward leaves an organization for three years to fulfill military duties. Which observation is true of his employer's obligation to reemploy Edward under the Uniformed Services Employment and Reemployment Rights Act?A) The employer is not obligated to reemploy Edward.

B) The employer must reemploy Edward with the same seniority and status he would have earned if his employment had not been interrupted.

C) The employer must reemploy Edward but is exempted from providing him any fringe benefits or retirement benefits.

D) The employer must implement an early retirement incentive program for Edward.

E) The employer must reemploy Edward with a lower pay scale to compensate for his absence.

Answers

Answer:

The corrwct option is B

Explanation:

The USERRA is a federal statute that protects servicemen and veterans civilian employment rights. Under certain conditions USERRA requires employers to put individuals back to work after their military service

Customers who face the same general needs of the marketplace but are likely to experience them months or years earlier than the rest of the market and stand to benefit disproportionately from solutions to those needs are referred to as _____. Multiple Choice A. laggards
B. lead users
C. early followers
D. intrapreneurs

Answers

Answer:

Letter B is correct. Lead Users.

Explanation:

Term developed by prof. Eric von Hippel, Lead Users are those users who are able to transform, adapt and modify a company's product or service for their own benefit, as they face the same market needs a while before regular users.

For Prof Eric von Hippel, there are four steps in developing Lead Users:

Preparation,
Needs and Trends Identification,
Lead Users Identification, and
Concept Design.

The premise is that the Lead Users method is effective in identifying innovation and product trends that need to be developed for a market for your needs.

For Tax Year 2019, amounts are indexed using the Chained Consumer Price Index for All Urban Consumers ("chained CPI"). What impact will this have on 2019 tax returns?

Answers

Answer:

2019 Tax Impact of Chained Consumer Price Index for All Urban Consumers

The impact is very minimal with just a reduction of $150 from 2018's $24,550. However, the chained Consumer Price Index (chained CPI) is more progressive than the fixed weighted CPI, as it does not use a fixed bracket of goods.

Explanation:

The chained Consumer Price Index indexes consumer spending, taxes, and Social Security benefits to the rate of inflation. Considered an alternative measurement to the Consumer Price Index (CPI), the Chain-weighted CPI factors in the product substitutions by consumers and other changes in their spending habits, which are unlike the fixed-weighted bracket of goods used by the ordinary CPI.

Assume that product Alpha and product Beta are both priced at $1 per unit and that Ellie has $20 to spend on Alpha and Beta. She buys 8 units of Alpha and 12 units of Beta. The marginal utility of Alpha is 40 and the marginal utility of Beta is 20. This indicates that: A.Ellie should make no change in consumption
B.Given another dollar, Ellie should buy an additional unit of Beta
C.In order to maximize utility, Ellie should buy more of Beta and less of Alpha
D.In order to maximize utility, Ellie should buy more of Alpha and less of Beta

Answers

Answer:

D) In order to maximize utility, Ellie should buy more of Alpha and less of Beta

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On January 1, a store had inventory of $48,000. January purchases were $46,000 and January sales were $90,000. On February 1 a fire destroyed most of the inventory. The rate of gross profit was 25% of cost. Merchandise with a selling price of $7,500 remained undamaged after the fire. Compute the amount of the fire loss, assuming the store had no insurance coverage. Label all figures.

Laramie, Inc., has an operating environment with considerable uncertainty. The company prepares the budget for several different volume levels. Laramie had the following budgeted data: Budgeted variable costs per unit: Direct materials $7.00 Direct labor 10.00 Supplies 1.00 Indirect labor 0.50 Power 0.05 Budgeted fixed overhead for 2018: Supervision 4,000 Depreciation 3,000 Rent 2,000 What are the budgeted costs for rent if 5,000 units were produced

Fred Stone is an employee of Henrock Company. During the first part of the year, Stone earned $4,340 while working in State Q. For the remainder of the year, the company transferred him to State S where he earned $27,000. Henrock Company's tax rate in State Q is 4.6%, and in State S, 4.0% on the first $7,000. If reciprocal arrangements exist between the two states, determine the SUTA tax that the company paid on Stone's earnings in State S.

Suppose you buy lunch for $15.40 that includes a 8% sales tax. How much did the restaurant charge you for the lunch (excluding any tax) and how much does the restaurant owe for sales tax?a. $16.10 for lunch and $1.19 for sales tax.b. $14.81 for lunch and $1.29 for sales tax.c. $16.10 for lunch and $1.29 for sales tax.d. $14.91 for lunch and $1.19 for sales tax.