Prepare the income statement for Quality Aquatic Company for the most recent year. Use the calculation of cost of goods​ sold, cost of goods​ manufactured, and the amounts below. Assume that the company sold 36 comma 000 units of its product at a price of $ 14 each during the year.

Answer:

higher, because consumption baskets include less expensive domestic help, resulting in lower prices.

Explanation:

Because the wages paid to house helps in poor countries are low resulting in higher PPP-adjusted GDP in these countries compared to rich countries that use GDp that is not adjusted.

The availability of cheap labor still exists in poor countries compared to rich countries because of the high cost of migration. So people providing cheap services cannot move.

Answer:

The correct cash balance is $7,325

Explanation:

When preparing bank reconciliation,some items are added while some are subtracted depending on which balance is started with.

In this case, the cash balance will be started with and adjusted to the correct balance at the end of March

                                                                                                        $

Cash balance as per ledger                                                       4,583

Add: interest earned                                                                    24

Less: Bank service fee                                                                (75)

Adjusted cash balance                                                               4,532

Add back outstanding check                                                      2,793

Correct cash balance as at end of March                                 7,325

Final answer:

To reconcile the Brangelina Adoption Agency's cash balance, various adjustments are made to the bank statement balance, including deducting outstanding checks and service fees and adding interest earned, resulting in an adjusted bank balance of $4,481.

Explanation:

To calculate the correct balance of cash at the end of March for the Brangelina Adoption Agency, we need to reconcile the general ledger balance with the bank statement balance. The reconciliation process includes adjusting the bank statement balance with the outstanding checks, bank service fees, and interest earned.

Bank Statement Balance: $7,325

Less: Checks Outstanding: -$2,793

Less: Bank Service Fees: -$75

Add: Interest Earned: $24

Now we can calculate the adjusted bank balance:

$7,325 (Bank Statement Balance) - $2,793 (Checks Outstanding) - $75 (Bank Service Fees) + $24 (Interest Earned) = $4,481 (Adjusted Bank Balance)

The general ledger shows a cash balance of $4,583. The bank statement adjusted balance is $4,481. There might be a discrepancy due to unrecorded transactions in the general ledger or bank statement. However, based on the information given, the correct cash balance at the end of March would be $4,481.

Answer:

Explanation:

*Data is incomplete a similar question is attached with the answer and answer is made accordingly.

                                                Hundson Co

                 Forecasted Contribution Margin Income Statement

                          For year ended December 31, 2017

                                                                   $

Sales (9600 x 225)                           2,160,000

Variable Cost (9600 x (180-9))          1,641,600

Contribution Margin                             518,400

Fixed Cost (324,000+40,500)           364,500

Pretax Income                                      153,900

The new machine will increase fixed costs by $40,500 per year, but decrease variable costs by $9 per unit. This will increase the contribution margin per unit, i.e., each unit sold will provide more towards covering fixed costs and profit. The decision may be beneficial if the total savings in variable costs outweigh the increased fixed costs, emphasizing the role of sales volume.

In order to prepare the forecasted contribution margin income statement for 2020, we need further information such as the selling price per unit, the current fixed and variable costs, and the projected sales volume for 2020. However, we can discuss how the new changes will affect the contribution margin.

The machine will add $40,500 to fixed costs per year but will decrease variable costs by $9 per unit. The contribution margin per unit, which is sales price per unit minus variable cost per unit, will increase as a result of lower variable costs associated with each unit. This means each unit sold will contribute more towards covering the fixed costs and towards profit.

Despite the increase in fixed costs due to the machine, the decision might be favorable if the total savings in variable costs exceed the increase in fixed costs (i.e., if $9 times the number of units sold is greater than $40,500), showing the importance of sales volume in this decision.

https://brainly.com/question/31484547

#SPJ3

Answer:

The correct answer is hardware controls

Explanation:

Hardware control is the kind of control which are the computer controls that builds into the physical equipment through the manufacturer. It is the control which manages the data flow among the two or more entities.

Therefore, the client which has the control that built  in order to detect or discover the failure in the equipment by the manufacturer, is known or acknowledged as the hardware control.

Answer:MULTIFACTOR MATRIX

Explanation:MULTIFACTOR MATRIX is a technique applied by brand marketers or product management teams to decide which products to add to their portfolio of products and to which market segment are they going to gain a good and available market that will enable them enjoy good market strength, penetration and competitive advantage. This technique is of great use in modern times as businesses try to diversity into new products and markets.

Answer:

Annual deposit= $31,570.47

Explanation:

Giving the following information:

She has determined that she will need to have $3,000,000 in her retirement savings account.

Her investments will earn 4% annually.

To calculate the annual deposit we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (3,000,000*0.04)/[(1.04^40)-1]= $31,570.47

To meet her retirement savings goal of $3 million, Mary needs to deposit approximately $28,374 at the end of each of the next 40 years, assuming her investments will yield a 4% annual return.

Mary needs to make use of the formula for the future value of an annuity since she is making regular deposits into her retirement savings account. The future value (FV) of an annuity formula is: FV = P * [(1 + r)n - 1] / r, where P is the regular deposit amount, r is the annual interest rate, and n is the number of periods.

In this case, Mary needs a FV of $3,000,000, the interest rate (r) is 4% or 0.04, and she will make the deposits for 40 years, so n = 40.

We need to rearrange the formula to solve for P, the unknown deposit amount: P = FV * r / [(1 + r)n - 1]

So, P = $3,000,000 * 0.04 / [(1 + 0.04)40 - 1].

After calculating this, Mary must deposit roughly $28,374 at the end of each of the next 40 years to meet her retirement savings goal of $ 3 million.

https://brainly.com/question/31170137

#SPJ3

Answer:

The correct answer is letter "B": appraisal cost.

Explanation:

Appraisal costs are the expenditures incurred by a company as part of the quality control process. Those fees are paid for the inspection of the products being sold before they each end-users so defects can be detected if there is any. Providing customers with faulty goods can cause the company being imposed lawsuits or penalties that end up being more expensive than appraisal costs.

Answer:

e. $1,260.33

Explanation:

If the annual rate is 6%, the monthly interest rate 'r' is:

[tex]r= \frac{6\%}{12}=0.5\%[/tex]

The present value 'P' of an investment 'F', discounted at a monthly rate 'r' for a period of 'n' years is:

[tex]P=\frac{F}{(1+r)^{12*n}}[/tex]

If the future value after 5 years at a rate of 0.5% per month is $1,700, the present value is:

[tex]P=\frac{\$1,700}{(1+0.005)^{12*5}}\\P=\$1,260.33[/tex]

The present value is $1,260.33.

Answer:

The correct answer is letter "D": are regular repeated patterns.

Explanation:

In statistics, seasonal patterns are a group of components that tend to repeat their behavior over specific intervals. Those intervals are likely to be one year. Seasonal patterns oppose to cyclical patterns because the latter identifies repeated behavior over intervals that sometimes can be long or some times short.

Answer:

adverse event, incident

Explanation:

contingency planning is referred to as the planning for unexpected events. The main focus behind inducing Contingency planning is to restore the normal position without disrupting business operations.

An incident response plan is induced to take action against the incident while the Disaster recovery plan is used to restored business operation after incident occurred.

Answer:

Explanation:

The preparation of the statement of stockholders' equity at the end of the year is presented below:

                                          Apex Systems Co.

                             Statement of stockholders' equity  

                            For the fiscal year ended December 31, 2016

Particulars                  Common Stock          

Beginning

Balance                      $1,340,000

Add: Net income       $356,000    

Less:

Bart Nesbit, Drawing  -$91,200

Ending balance          $1,604,800                

The Statement of Owner's Equity for Apex Systems Co. for the fiscal year ending December 31, 2016 begins with initial capital of $1,340,000, subtracts $91,200 in drawings and a $356,000 net loss from the income summary, leading to an ending capital of $892,800.

In the preparation of a Statement of Owner's Equity for Apex Systems Co., various information derived from the given accounts are utilized. Starting with Bart Nesbit's capital at the beginning of the year, which is $1,340,000. The drawings made by Bart Nesbit throughout the year, which totals to $91,200, must be subtracted from this initial capital. The income for the company for the year totaled $1,437,000 but it was offset by a deduction of $1,793,000 (the expenses or losses), inducing a net loss of $356,000. This net loss also gets subtracted from the initial capital. This means that Bart Nesbit's capital at the end of the year comes out to be $892,800 ($1,340,000 - $91,200 - $356,000).

https://brainly.com/question/34359579

#SPJ3

Answer:

Maintenance margin at $60=[tex]\frac{\$8000-\$6000}{\$6000} =0.333=33.3\%[/tex]

Explanation:

Given Data:

Number of shares=100 shares

Cost per share=$50

Initial margin=60%=0.6

Required:

The maintenance margin if a margin call is made at a stock price of $60=?

Solution:

Cost of shares=100*50=$5000

Cost with initial margin=$5000*0.6=$3000

Total cost of shares=$5000+$3000=$8000

Cost of shares at $60=100*60=$6000

Maintenance margin at $60=[tex]\frac{Total\ cost\ of\ shares-Cost\ of\ shares\ at\ \$60}{Cost\ of\ shares\ at\ \$60}[/tex]

Maintenance margin at $60=[tex]\frac{\$8000-\$6000}{\$6000} =0.333=33.3\%[/tex]

When you sold short 100 shares at $50 with a 60% margin, you deposited $3000 to your margin account. A margin call at a stock price of $60 indicates that the equity in the margin account has decreased due to the increase in share price. The maintenance margin would be 50% in this case.

In Finance and Investment studies, when you sold short 100 shares of common stock at $50 per share, the initial total value of these shares is $5000. With the initial margin at 60%, you would have had to deposit $3000 into your margin account. A margin call is made when the equity in the margin account falls below the maintenance margin. It is made to request that you deposit more cash or sell some of the securities held in the margin account. In this case, if a margin call is made at a stock price of $60, it means that the equity in the margin account has dropped to a certain point due to the increase in share price ($6000 in this case as each share is now worth $60).

To calculate the maintenance margin, subtract the equity in the margin account from the new total value of the stocks and divide the result by the new total value of the stocks. That is, (($6000-$3000)/$6000) which is 50%.

https://brainly.com/question/33768811

#SPJ3

Answer:

Increases

Stays the same

Explanation:

Nominal GDP is output produced by a country multiplied by current year prices.

Real GDP is output produced by a country multiplied by base year prices. The real GDP adjusts for the effects of inflation.

I hope my answer helps you

Answer:

Noonan Syndrome.

Explanation:

Daria displays the markers of Noonan syndrome.

Noonan Syndrome are genetic disorder with different abnormality, it evident since birth in most of cases. Range and severity may vary from person to person. It is caused by pathogenic variants. In 30 percent of infant with Noonan syndrome, may have abnormal opening in septum that divide upper chamber of heart. Noonan syndrome have affected more males than females. It was first reported in 1883.

Treatment of noonan syndrome is depend upon the specific complication of individuals.

Answer:

A. Rent Payable

Explanation:

Rent Payable refers to an expense which is certain and is to be paid in future. It represents a debt in the sense that it is an obligation which is required to be met in the near future.

The journal entry for rent payable is recorded as follows,

Rent A/C                                                       Dr.

     To Rent Payable A/C

(Being rent payable recorded)

Rent Payable A/C is a liability while rent is an expense. Expenses are debited and liabilities are credited so as to recognize them.

Final answer:

Rent Payable represents a debt owed for renting a building; it is a liability that reflects the obligation to pay for building use in a future period.

Explanation:

The term that represents a debt owed for renting a building is Rent Payable. This is because it is an obligation that the company has to pay for the use of a building for a certain period. Rent payable is a liability on the balance sheet and differs from rent expense, which reflects the cost of rent that has already been used up during an accounting period. Rent Revenue is what a company earns from renting out property, whereas Prepaid Rent represents rent payments made in advance for future periods.

The options are:

A) reverse engineeringB) value chain extensionC) focused strategyD) niche market

Answer:

Value chain extension.

Explanation:

Value chain extension are the steps a company takes to extend the reach of their products to customers, and multiple relationships are built that impacts the bottom line.

In this instance eBay customers write a review after each purchase and the reviews are now used by buyers to evaluate the seller's.

EBay in turn gives special privileges. This is eBay creating an extended value chain in delivering it's products to customers.

Answer 98

Explanation:

Answer:

D : $88,800

Explanation:

Cost of goods manufactured :

Direct Material used in production                         $ 21,300

Indirect Material used in production                       $  3,700

Direct Labour                                                           $ 34,100

Direct Labour                                                           $  5,900

Manufacturing overhead                                       $ 16,600

Total Manufacturing cost                                        $ 75100

Add:Beginning Work in process inventory            $7,200

Less: Ending Work in process inventory                $ 0      

Cost of Goods Manufactured                                 $88,800

Answer:

ENCOUNTER

Explanation:

Seth appears to be taken aback by the number of files on his desk and his coworker’s comments about his boss. This reaction depicts the Encounter stage of the socialization process.

Answer:

d. Kaizen blitz

Explanation:

Counter trade refers to a kind of international trade wherein goods and services are exchanged in return for goods and services instead of payment via a currency.

There are three types of countertrades namely,

Barter is the oldest form of trade wherein goods were exchanged for goods. Offset is a countertrade wherein transactions are set off in future or off set. In counter purchase both parties agree to purchase and sell goods to one another under different contracts.

Kaizen Blitz isn't a form of counter trade.

People often trade items. The option that is not a form of countertrade is Kaizen blitz.

Countertrade is the act of exchanging goods or services that has been paid for, with other goods or services, instead of with money.

There are a lot of types of countertrade. They are;

Conclusively, Kaizen blitz is not a countertrade as the term is not related to it at all

Learn more about countertrade from

https://brainly.com/question/18018148

Answer:

23.02 years

Explanation:

The expression that describes the future value of an investment (P) at an annual rate (r) for a period of n years, compounded annualy is:

[tex]FV = P*(1+r)^n[/tex]

If Rachel wants to accumulate $6,500 with an investment of $1,700 at 6% per year, the length of her investment, in years, must be:

[tex]6,500 = 1,700*(1+0.06)^n\\1.06^n = 3.8235\\n=\frac{log(3.8235)}{log(1.06)}\\n=23.02\ years[/tex]

It will take Rachel roughly 23.02 years to accumulate $6,500.

Unexpected inflation can benefit borrowers and harm savers. Borrowers benefit because the real value of their debt decreases, while savers lose because their accumulated wealth's purchasing power diminishes.

The impact of unexpected inflation on people largely depends on their individual financial situations. On one hand, borrowers or people in debt could be considered winners in unexpected inflation because the real value of the money they owe diminishes. In other words, they effectively pay back less than they borrowed. On the other hand, savers or people who have a large amount of cash on hand are often seen as the losers in these scenarios, as the purchasing power of their accumulated wealth decreases.

https://brainly.com/question/33443066

#SPJ3

Answer:

Provision the workload in an Auto Scaling group across Availability Zones, with a minimum of two Amazon EC2 instances Use an Application Load Balancer in front of an Auto Scaling group.

Explanation:

To ensure high availability configure at least 2 EC2 instances so if one fails the other will be a backup. Also aouto scale across various regional availability groups. Worldwide Amazon has various availability stations so making the workload available across multiple regions ensure it will not be affected incase a region goes down.

Answer: option (B). Eurocurrencies

Explanation: Euro currency is currency deposited by nationals governments or corporations, outside of its home market. Eurocurrency is a currency commonly held in banks located outside of the country which issues the currency. Moreover is is pertinent to note that the term Eurocurrency applies to any currency and to banks in any country. Having Euro doesn’t mean the transaction has to involve European countries.

Eurocurrency is when an institution uses money from another country, but not in the originating country’s home market, and despite the name, Eurocurrency can involve any currency. For example Nigeria Naira deposited at a bank in United state is Eurocurrency.

Answer:

B. direct marketing

Explanation:

A non personal form of communication is a type of marketing that directed information to the public (non one to one communication) without a means of feedback.

Advertising is a marketing strategy directed to the public (target customers) letting them aware of the new products or an existing products to enhance increase in purchase.

Direct marketing is a one to one form of marketing which Kinglinks will not be doing.

Therefore, Kinglinks is least likely to rely on direct marketing as a means of communication.

Answer:

The company should increase the number of units she is producing

Explanation:

Since the elasticity of demand for the product is greater than one (1.4), it means the demand for the new drug is elastic, meaning the demand for the new drug is sensitive to price – the higher the price, the lower the quantity demanded and the vice-versa. So the pharmaceutical company should be careful of charging higher than the other competitors.

What the company needs to do to increase its revenue is to produce large quantity of the drug in order to earn higher and gain larger market share and probably economies of scale.

For example, If the company produces 400 units of the drug at $2, the revenue will be $800.

To increase the revenue, the company needs to increase its production.

For example, the increases the production to 500 units at the prevailing price of $2, therefore, the revenue will be $1000

Answer:

a. The total amount of product cost is $369,800

b. The total amount of period cost is  $353,300

Explanation:

 Product costs are costs that are directly incurred in the production of goods. Products costs are traceable to production of goods. Examples of products costs are direct material cost and direct labor cost.

In contrast, period costs are costs that are incurred on the general affairs of the business. They are not related to production of goods. They are incurred on administering a business. Example includes salaries paid to directors of a company

Total amount of product cost                                       $                                                                          

Property taxes, factory                                               10,300

Indirect labor                                                               44,100

Direct materials                                                           172,600

Depreciation of production equipment                     48,300

Direct labor                                                                 94,500

                                                                                    369,800

Total amount of period cost:                                       $

Marketing salaries                                                     51,900

Administrative travel                                                  105,000

Sales commissions                                                     52,400

Advertising                                                                 144,000

                                                                                    353,300

Answer:

The current ratio is 2.5:1

Explanation:

The current ratio is a relationship of the current assets and the current liabilities, and is normally expressed as a percentage.

Based on the  data provided in the question, it is calculated as under:

Total Current assets                  $ 150,000

Total Current Liabilities             $  60,000

The current assets are two and a half times of the current liabilities. Using the lower figure as a base. the current assets are ratio comes out to be

2.5 : 1.

Answer:

The correct answer is letter "B": business-to-business.

Explanation:

Business-to-business (B2B) transactions are those held among companies. These relationships are typically seen in supply chains where one company depends on another or simply when a company needs services from other entity that is actually not a final user of the products the company is dedicated to offering.

Answer: B. Business-to-business

Explanation: Business-to-business (B2B or B to B) markets are those that involve trades and transactions between businesses, businesses rather than between a business and individuals or governments as the case may be. By ordering supplies to be utilized in the management business of Robertson Properties shows that it is a transaction between two business. B2B markets encompasses transactions between manufacturer and wholesaler, or a wholesaler and a retailer. B2B markets are mostly common common in a typical supply chain, automobile industries, manufacturing, service providers etc.