What is the quickest and most efficient way of getting your new employees connected to the intranet

Answer:

$13,500

Explanation:

Given that,

Accounts Receivable = $800,

Equipment = $10,000,

Accounts Payable = $4,200,

Prepaid Rent = $2,000,

Supplies = $400,

Bank Loan = $1,600

Tools = $300

Total Assets:

= Accounts Receivable + Equipment + Prepaid rent +Supplies + Tools

= $800 + $10,000 + $2,000 + $400 + $300

= $13,500

Answer:

$131,000

Explanation:

Given that,

Stockholders’ equity at the beginning = $94,000

net income = $24,000

Dividends paid = $9,000

Common stock issued = $22,000

Stockholders' equity at the end:

= Stockholders Equity at the beginning + Net Income - Dividend + Common stock issued

= $94,000 + $24,000 - $9,000 + $22,000

= $131,000

Therefore, the total stockholders' equity at the end of the year is $131,000.

Answer: why, to ward off threat from their competitors. Why not, they should avoid unholy competition fair practices and exhibit only those practices that are capable of sustaining perfect competition.

Explanation:

Courier service : This is a service provided by a private postal organizations that specializes in fast, quick delivery of mail's, parcels for people,. FedEx is an American multinational company that specializes in the provisions of these services both local and around the world. Their services ranges from the provisions of quick delivery of mail's and parcels to their destinations promptly, ensure that their customers goods or parcels are delivered safely to their destinations that is their is no loss of goods in transit, they also provides extended hours of services to their customers. In addition, they also insure the goods or parcels with the insurance company in order to provide an insurance cover for the goods or parcels in case of loss.

The competitors are the firms operating within the same industry and providing similar or substitute product or services. The aim of every competitors in the market is to gain the largest share of the market. The competitors want to become the market leader. The question now is why or why not, to answer the question of why, the competitors should imitate the approach of their competitors in order to learn about the operations of their competitors with a view to ward off whatever threat that may come from them.they can do these by looking at the competitors product packaging, pricing policies, Discount structures, promotional and distribution strategies. All these need to be well understood. The knowledge of these would help the organization to understand and respond positively to pressures from their competitors. For instance, if their competitors has been making use of advertising, the firm should consider other alternatives such as promotion or publicity.

To answer the question of why not, a firm should not imitate the approach of FedEx in the international market and take market share away from the company, because a firm should avoid a reckless and damaging competition rather they should see one another as partners in progress. They should avoid an unholy competition fair practices, they should always exhibit only those practices that are capable of sustaining perfect competition.

Competitors could imitate FedEx's approach but face barriers due to the company's strong brand and efficient operations.

Competitors could imitate FedEx's approach in international markets and potentially take market share away from the company. This is because globalization has opened up opportunities for firms worldwide to enter new markets, leading to increased competition.

However, FedEx's strong brand recognition, efficient operations, and established network could serve as barriers to entry for competitors. Additionally, the company's focus on rapid and reliable delivery services sets it apart in a market where speed is crucial. Globalizing early can provide a competitor with a first-mover advantage in emerging markets, making it essential for FedEx to continually innovate and adapt to stay ahead of potential competitors.

The average labor hours required to produce five units using the 87% learning curve rate is approximately 13.118 hours.

The Learning Curve theory in this case refers to the concept that, with each unit produced, the time taken to manufacture decreases due to experience and learning. This specifically indicates an 87% learning rate, which means that the labor time for each unit drops to 87% of the time of the previous unit.

To find the cumulative average time to produce five units using a learning curve, we start with the first unit, which requires 17 labor hours. Then, each subsequent unit's labor hours are determined by multiplying the previous unit's labor hours by the learning rate (0.87). Finally, we sum all the labor hours and divide by the total number of units (5).

The total labor hours for 5 units = 17 + 14.79 + 12.8673 + 11.194141 + 9.7388027 = 65.5892437 hours

The average labor hours required per unit = 65.5892437 / 5 = approx. 13.11784874 hours

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Answer:

She should quit her job, become an entrepreneur and  choose the soap making for the highest profit/ income of $70,000

Explanation:

Step 1: Calculate Natasha's annual profit if she should start the soap business

The annual profit from Soap Business = Annual Revenue - Costs for the year

The annual profit = $465,000- $395,000 = $70,000

Step 2: Calculate Natasha's annual profit if she should start the internet opportunity she anticipates

The annual profit for the internet business = Annual Revenue - Costs for the year

= $3,275,000 - $3,250,000= $25,000

Since she is to make a choice between three options,

1. Manager Job per year = $50,000

2. Soap Making= $70,000

3. Internet Opportunity= $25,000

Then she should quit her job, become an entrepreneur and  choose the soap making for the highest profit of $70,000

Complete question:

Which of the following circumstances is (are) not an acceptance of the goods by the buyer?

a.Payment by the buyer

b.After a reasonable opportunity to inspect the goods, the buyer lets the seller know that the goods are conforming

c.The buyer's failure to make an effective rejection

d.The buyer does an act that is inconsistent with the seller's ownership

e.None of the above

Answer:

Payment by the buyer

Explanation:

According to the UCC, approval takes place where the buyer: after a reasonable chance of inspecting the products, the vendor shows that the goods adhere to or[ or] will be accepted by him given any non-conformity. Does not deny the goods within a fair inspection time; It works in a manner incompatible with ownership of the goods by the seller.

Section 2–602 states that a refusal shall be made within a reasonable period of time following the delivery of the goods and furthermore, the buyer shall, in a reasonable manner, notify the seller of the refusal in a seasonal manner (reasonably swiftly).

Answer:

The answer is d. Morale

Explanation:

The economic factors are really important to be considered in a project whether it is beneficial or not. The non economic factor is Morale. The enthusiasm of a person working on a project cannot be an economic factor. Operating costs, Taxes and Benefits are economic factors. Economic factors can satisfy human needs but non economic factors help in providing psychological satisfaction.

In economic decision making for engineering projects, 'Morale' is a non-economic factor as it relates to psychological aspects rather than direct monetary values, unlike operating costs, taxes, and measurable benefits.

In the context of economic decision making related to engineering projects, several factors come into play when assessing the feasibility and profitability of a project. These include:

When evaluating options, economists and project managers often utilize a cost/benefit analysis or compare marginal costs to marginal benefits. Common factors that influence these decisions include operating cost, taxes, and the benefits derived from the project.

However, the question specifically asks which option is a non-economy factor among the given choices. The answer is 'd. Morale'. Morale is a psychological factor that affects the satisfaction and productivity of an engineering team but does not directly involve monetary values or economic assessment.

Factors like financial rewards, work meaningfulness, autonomy, and personality can influence job satisfaction and productivity, which are part of the broader domain of organizational behavior. Morale can similarly impact overall productivity and job satisfaction but is not quantifiable in the same way as direct economic costs such as operating cost, taxes, and measurable benefits.

Answer:

206,000

Explanation:

Sales                                             = 590000  

- CGS                                           = 302000  

Gross profit                                                                       = 288,000

Less Operating Expenses:

Sellings and Admin expenses      = 67000  

Freight in                                  =     15000  

Total Operating expenses         =       82000  

Operating Income                                                               =         206,000

CGS = Beginning inventory + Purchases - Ending Inventory

CGS = 43,000 +302,000 - 43,000 = 302,000

Answer: PV(0.08,15,100.0)

Explanation:

PMT= 100

r= 0.08

Answer:

the value of correlation coefficient for income and taxes would be nearest to 1

Explanation:

Correlation coefficient measures the strength of relationship between two variables. If r is close to one there is a positively strong correlation between the two variables, if it is close to -1, the is negatively weak relationship between the two variables.

the value of correlation coefficient for income and taxes would be nearest to 1, if everyone paid taxes equal to 10 percent of their total annual income.

Answer:

(a) 0.99

(b) 0.96

(c) Apple has better liquidity

Explanation:

(a) Apple's current​ ratio:

= Current assets ÷ Current liabilities

= $ 75.91 ​billion ÷ $ 76.31 billion

= 0.99

(b) Apple's quick​ ratio:

= (Current assets - Inventory) ÷ Current liabilities

= ($ 75.91 ​billion - $ 2.45 billion) ÷$ 76.31 billion

= 0.96

(c) In January 2016​,

Quick ratio = 0.66

Current ratio = 0.90

In comparison to H-P assets quality Apple has much better quality. Current ratio and quick ratio of apple is better than H-P which shows that apple has better liquidity than H-P.

Answer:

technological advances.

Explanation:

Technological advances have impacted the lives of all individuals, changed the way we relate and interact with the world. The creation of the internet was a technological advance that revolutionized the world, through which greater integration and speed of information is possible, which optimized work activities, human relations and the obtaining of any type of information, at the click of a computer or cell phone.

Paid streaming platforms like Hulu, are characterized as a TV service over the internet, emerged from new consumer trends. Through research it was found that people were watching less television to access content on the internet. The success of streaming companies is due to the analysis of trends and the possibility for consumers to have control over what they want to watch and when to watch, thus consolidating the success of these platforms that, from market analysis, fit into a market niche each increasingly growing.

Final answer:

Hulu's business opportunity was enabled by technological advances, particularly in Internet bandwidth and data compression, allowing for the streaming of high-quality video content. These changes, coupled with shifts in consumer behavior towards convenience and on-demand content, paved the way for streaming services' success.

Explanation:

Hulu's business opportunity was made possible by technological advances in Internet bandwidth and data compression algorithms. These advances significantly enhanced the ability to upload and stream video content on the Internet, allowing instant access to television shows and movies for anyone with a computer and an Internet connection. The invention of cable and the exponential growth of the Internet infrastructure in the 2000s, along with the development of streaming services like Netflix, contributed to changing consumer habits. People shifted from renting or purchasing physical media to subscribing to online libraries of content. This was accompanied by innovations in how content was monetized, moving from traditional advertising to product placements and subscription models. Furthermore, the increased Internet bandwidth and compression techniques enabled high-quality streaming of video content, making it feasible for companies like Hulu to offer on-demand content that can be watched over various devices including computers, smartphones, and smart TVs.

The switch to digital streaming was driven by consumer desire for convenience, leading to the rise of "binge-watching" habits. Additionally, the saturation of information and various media forms became possible due to these technological improvements. Cable and satellite providers also adapted, offering on-demand programming to meet consumer expectations for accessibility and immediacy.

Option C, Survey

Explanation:

The general definition of survey research is a systematic approach for collecting information by numerous survey questions from a sample of respondents.

Public opinion polls, reports on public health, consumer studies, policy investigations and censuses all provide examples of quantitative research that uses polling methodology to address demographic questions.

Surveys can take multiple forms, but they are most often written or online in the form of a questionnaire. Essentially, a survey is a way of collecting data from a sample of people, usually in order to generalize findings for a larger population.

The type of research that allows for collection of information on attitudes, beliefs and behaviors is a survey. It uses interviews or questionnaires to collect data from a large group of people in a structured way.

The type of research that allows researchers to collect information about attitudes, beliefs, and behaviors of a population is a survey. A survey allows for data collection from a large group of people about their views, thoughts and behaviours in a structured way. This can be done through various means such as online, telephone, face-to-face interviews, and questionnaires. It’s a cost-effective method and can be used to gather data from a large geographical area.

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The economy was initially struggling with a high annual rate of increase in the price level before the introduction of an 'inflation cooling' tax increase. Inflation can range from low (creeping inflation) to very high (hyperinflation), impacting economic stability and business planning. Moderate inflation can coexist with a growing economy, whereas high inflation may hamper productivity and economic growth.

In this example of an "inflation cooling" tax increase, the economy was initially struggling with a high annual rate of increase in the price level. Inflation is measured by the percentage increase in the price level over a year and can be classified into different types based on the rate of increase. Creeping inflation occurs at a slow pace of 0% to 2% per year. In contrast, galloping inflation occurs at a much faster pace of 10% to 20% per year. In extreme cases, the economy can experience hyperinflation, which could involve rates as high as 40% per month.

Low levels of inflation, such as 2%, 3%, or 4%, are generally not considered a crisis for an economy, and are preferential to deflation that often happens during severe recessions. On the other hand, galloping or hyperinflation can have catastrophic effects on an economy, leading to profound social and economic consequences.

It is imperative for businesses to adapt their strategies according to the inflation level. If inflation is moderate and stable, long-term strategies may be viable. However, with substantial volatility in inflation, taking shorter-term approaches may be more prudent. Economic progression is contingent on managing inflation levels effectively. Moderate inflation of less than 3% per year is often compatible with healthy economic growth, whereas high levels of inflation can impede business planning and overall economic productivity.

Inflation's impact depends on its rate, ranging from mild to severe. In this case, the economy faced low inflation before a tax increase was implemented.

In this scenario, the economy was initially struggling with a low annual rate of increase in the price level. When inflation is increasing slowly at around 0% to 2% per year, it reflects creeping inflation, which is a mild form of inflation, not yet considered a national crisis.

Answer: Option B

Explanation:

Call option is the purchase of the right to purchase the product at a fixed price before the time agreed. Buying call options, would limit the risk level to the premiums paid for the calls. So the option A is correct and by the exercise of this call option early cannot limit risk on the portfolio. The remainder two are the benefit of purchasing call options.

Option B is the incorrect benefit, as exercising calls early doesn't limit risk but can result in the loss of the option's time value. Call options can limit losses, offer potential gains, and provide diversification until expiry.

The correct answer to the question of which following would NOT be a benefit of purchasing call options for the stocks of a number of different companies is option B: By exercising the calls early, the investor could limit the risk in his portfolio. This statement is false because exercising a call option early typically does not limit risk; instead, an investor may lose the remaining time value of the option. The benefits of call options include loss limitation to the premium paid (option A), potential upward participation (option C), and added diversification until expiry (option D).

Note that with options trading, while it allows for diversification and potential profit if the underlying stock's price rises, it also comes with considerable risk. As per the advice by financial experts, most individual investors are better off avoiding options unless they fully understand the risks involved. Diversification through traditional means like mutual funds, which spread out investments across various assets, is often advisable to mitigate individual asset volatility.

Explanation:

A speech with the best pointers gets succeeded rather than the lengthier speech which does not have any highlights.

When we are presenting a speech, content is the first things that comes right in front of us, then comes the body posture, gestures, tone of voice, etc.

It is important to google for a best pointers, which is rarely known, few facts, few positive aspects, the challenges so that the speech will attract mass listeners.

The content gets successful only with the help of gestures and tone of voice. So we need major ideas and good tone of voice along with good gestures.

In the 1980s, the Mayo Clinic focused on the Demographic and Economic segments of the general environment. The Demographic segment provided information about their patient population and helped identify potential health trends, whereas the Economic segment helped understand the economic circumstances and affordability of their services.

During the 1980s, when the Mayo Clinic conducted its analysis of the general environment, it initially focused on two specific segments: the Demographic and Economic segments. These segments were chosen because they provide a comprehensive understanding of the population's characteristics and the economic circumstances in which their patients are living.

The Demographic segment would have focused on elements such as age, gender, occupation, ethnicity, and income of their patient population. This information could be used to identify trends, potential health risks, and areas of growth or decline.

The Economic segment, on the other hand, would have involved studying the general economic condition, trends in healthcare costs, and the financial ability of patients to afford their services. This would help the Mayo Clinic strategize in providing affordable and accessible healthcare services.

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Answer:

Total Return on investment=12.678%≅12.68%

Explanation:

Given;

Number of Shares= 300

Purchasing price of each share=$32.60

Total Dividends= $280

Selling price of each share= $35.80

Find:

Total Return on investment=?

Solution:

Total Return on investment=[tex]\frac{(Selling\ Price-Purchase\ Price + \frac{Total\ Dividends}{Shares})}{Purchase\ Price}[/tex]

[tex]Total\ Return\ on\ investment=\frac{\$35.80-\$32.60 +\frac{\$280}{300}}{\$32.60} \\[/tex]

Total Return on investment=0.12678

In Percentage:

Total Return on investment=12.678%≅12.68%

Answer:

Explanation:

Let's look at some facts:

1. Dawn Altieri has leased a car from GE Auto lease

2. Dawn Altieri had an accident where she caused an injury to Kenzie Godfrey

3. At the same time of an accident, Dawn Altieri owned the car although she had not completed the transfer of title formalities.

4. Kenzie Godfrey suffered brain damage and claimed damages from owner of the car

Under the UCC it is assumed that when the physical goods are handed by the seller to the buyer the title has passed. However, when the goods are leased the title remains with the lessor-owner.

Although Dawn Altieri has originally leased the vehicle, she had now purchased it. Therefore, even though final formalities have not completed, she was the tile-holder of the vehicle.

Therefore, Dawn Altieri was liable for the damages claimed by Kenzie Godfrey.

Answer:

Depreciation for 6 months ending June 30, 2016 is $ 5,000 and the accounting entry to record the transaction is:

Depreciation Expense  - Debit                    $ 5,000

Allowance for Depreciation  - Credit           $ 5,000  

Explanation:

The depreciation charge for the year is calculated as follows:

Total cost of the equipment                             $ 55,000

Salvage Value                                                    $  5,000

Net Depreciable value                                      $  50,000

Estimated Useful Life                                           5 years

Annual Depreciation expense(50000/5)         $ 10,000

Depreciation for 6 months (10000/2)               $ 5,000

The manufacturing plant would record a depreciation expense of $5,000 for the first 6 months of 2016, using the straight-line method of depreciation.

The subject of this question is the calculation of depreciation using the straight-line method, that is widely used in business and accounting. The system's original cost is $55,000 with a salvage value of $5,000 expected after 5 years. Therefore, the total depreciation over its 5-year life (useful life) would be $50,000 ($55,000 - $5,000).

To calculate the annual depreciation, you would divide the total depreciation by the useful life. So, $50,000 ÷ 5 equals $10,000. This is the amount of depreciation that should be recorded each year.

However, the question asks for the depreciation expense for the first 6 months of 2016 (January to June). Therefore, you would halve the annual depreciation. So, $10,000 ÷ 2 equals $5,000. This is the depreciation expense to be recorded for the first 6 months of 2016.

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Answer:

Option (E) is correct.

Explanation:

EPS = $2.75

Book Value Per Share = $22.75

Shares Outstanding = 315,000

Debt Ratio = 44%

Total equity = Shares outstanding ×  Book Value Per Share

                    = 315,000  ×  $22.75

                    = $7,166,250

Total assets = Total equity ÷ (1 - Debt Ratio)

                    = $7,166,250 ÷ (1 - 0.44)

                    = $12,796,875

Total Dept = Total assets - Equity

                  = $12,796,875 - $7,166,250

                  = $5,630,625

Answer:Gives a description of the limitations on the projection's usefulness.

Explanation: Financial statements are documents that contains the financial status of a given entity,it includes both the previous position, present position and the projections. A financial statements also describes the limitations ( possible short comings or factors that are capable of adversely affecting the the positive outcome of the expected projections. A financial statement is not complete until it has captured all the possible positive and projected negative outcomes expected to hinder the full implementation of the Project or activity.

Answer:

Option (b) is correct.

Explanation:

The law of demand states that there is a negative relationship between the price of the product and the quantity demanded for the product. This means that as the price of ski lift tickets increases then as a result the quantity demanded for ski tickets decreases. Alternatively, if there is a fall in the price of ski tickets then as a result the quantity demanded for sky tickets increases.

A higher price for ski lift tickets is expected to decrease the number of skiers according to the law of demand. In the financial market, a rise in supply leads to lower interest rates, while an increase in loan quantity can result from either a rise in demand or supply. A price ceiling does not shift demand or supply but creates excess demand.

Holding all else constant, a higher price for ski lift tickets would be expected to decrease the number of skiers as it makes skiing less affordable for consumers. This scenario is explained by the law of demand, which states that, ceteris paribus, when the price of a good or service increases, the quantity demanded decreases, and vice versa.

For the questions from the financial market perspective:

Answer:

E) none of the above

Explanation:

It is an example of peak pricing.

Peak pricing is when consumers pay higher during periods of high demand.

It is reasonable to assume that demand for on campus parking would be higher from 8:00 AM to 5:00 PM, than between 5:00 PM to 10:00 PM. This explains why prices are higher between 8 am - 5pm

I hope my answer helps you.

To become more moral, companies should enforce a global ethics code, offer ethics training, lead by example, and provide transparent reporting mechanisms. Additionally, wellness programs, work-life balance, and mental health support can help foster healthy habits among employees. Encouraging ethical behavior improves job satisfaction and retention, ultimately benefiting the company.

To make themselves more moral organizations, companies should develop and enforce a robust ethics code globally. This code would guide behavior and decision-making, promoting a healthy moral climate that respects diverse ethical values. Promoting such a climate involves leadership demonstrating ethical behavior, providing ethics training, and ensuring transparent communication channels for reporting ethical concerns.

Alternative methods to motivate employees to adopt healthy habits could include wellness programs that provide education, resources, and incentives. These wellness programs might involve fitness challenges, health screenings, and discounts on health insurance premiums. Encouraging a work-life balance and providing mental health support can also significantly contribute to healthier employee habits.

By understanding that an ethical environment can lead to happier, more committed employees who engage more frequently in ethical behaviors, companies can focus on creating policies and a work culture that emphasizes these values. This is not only the right thing to do but is also good for business, as it can improve job attitudes and worker retention while reducing health care costs associated with unhealthy habits.

Answer:

The correct answer is: Reversionary working interest.

Explanation:

Reversionary working interest or Subordinated Royalty Interest refers to general partners coming together to make business but they do not share any of the cost either the revenues until limited partners have received their shares and any interest if agreed.

Answer:

1. Opportunity Cost: This is the alternatives forgone when a decision is taken. If we intend to buy two items for example rule and pen. If we decide to purchase pen, the opportunity cost of purchasing pen is the price of ruler. If we keep our cash balance in safe at home instead of depositing in a saving account, the opportunity cost is interest lost.

Opportunity cost is also known as implicit cost. If you work in your company instead of getting another job. The opportunity cost is the salary you would have earned in the other employment.

2. Fixed Cost: Fixed cost is the cost that remain the same irrespective of  the level of output. Fixed cost is different from variable cost because variance costs varies with the level output. Example of fixed cost is rent, administrative cost, etc.

The hidden-cost fallacy is the situation when all cost or relevant costs   are not considered. Example of hidden cost fallacy is when opportunity costs are ignored.

3. Cost of Rent:

Rent per year: $10,000.

Cost of purchase:

Annual interest on loan - $7,200

Stock interest forgone    -$3,000

                                          $10, 200

It is better to rent.

Explanation:

Rent will cost only $10,000 per annual while purchasing will cost $10,200 per annual. Annual cost of purching is higher by $200.

The comparative balance sheet calculates each asset category as a percentage of total assets, and every liability and stockholders' equity item as a percentage of total liabilities and stockholders' equity for two fiscal years. This helps in identifying shifts in a company's financial structure.

The question pertains to preparing a comparative balance sheet for Alvarez Company for two consecutive fiscal years, indicating each asset as a percentage of total assets and every liability and stockholders' equity item as a percentage of the total liabilities and stockholders' equity. First, we calculate the total assets, total liabilities, and total stockholders' equity for each year. For the current year, total assets are $10,000,000 ($2,500,000 current assets + $5,600,000 property, plant, and equipment + $1,900,000 intangible assets). Accordingly, each asset category's percentage of total assets can be calculated. Repeat this procedure for total liabilities and stockholders' equity. The same calculations should be repeated for the previous year's amounts. This helps in understanding changes in the company's financial structure over time.

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Answer:

Instructions are listed below

Explanation:

Giving the following information:

The predetermined overhead rate:

Assembly and Testing= $15.00 per direct labor-hour

Packaging= $11.00 per direct labor-hour

The company’s direct labor wage rate is $18.00 per hour.

Job N-60:

Assembly Testing & Packaging

Direct materials $360 $33

Direct labor $117 $45

A) We need to use the following formula:

total cost= direct material + direct labor + manufacturing overhead

First, we need to determine the number of direct hours used:

Assembly= 117/18= 6.5 hours

Packaging= 45/18= 2.5 hours

total cost= (360 + 33) + (117 + 45) + (6.5*15 + 2.5*11)= $680

B)

Unitary cost= 680/10= $68

Final answer:

The total manufacturing cost assigned to Job N-60 is $680.00, which includes direct materials, direct labor, and overhead for both Assembly and Testing & Packaging departments. If Job N-60 consists of 10 units, the unit product cost for this job is $68.00.

Explanation:

The total manufacturing cost assigned to Job N-60 can be calculated by summing the costs of direct materials, direct labor, and manufacturing overhead for both the Assembly and Testing & Packaging departments.

Assembly direct materials: $360

Assembly direct labor: $117

Testing & Packaging direct materials: $33

Testing & Packaging direct labor: $45

To determine the manufacturing overhead for each department, we use the predetermined overhead rates:

Assembly overhead: $15.00 per direct labor-hour

Testing & Packaging overhead: $11.00 per direct labor-hour

Calculating the direct labor-hours for each department using the direct labor cost divided by the wage rate of $18.00 per hour, we get:

Assembly hours = $117 / $18.00 = 6.5 hours

Assembly overhead = 6.5 hours * $15.00 = $97.50

Testing & Packaging hours = $45 / $18.00 = 2.5 hours

Testing & Packaging overhead = 2.5 hours * $11.00 = $27.50

Adding up all the costs, we have:

Total manufacturing cost for Job N-60 = $360 + $117 + $97.50 + $33 + $45 + $27.50 = $680.00

To calculate the unit product cost when Job N-60 consists of 10 units, we divide the total manufacturing cost by the number of units:

Unit product cost for Job N-60 = $680.00 / 10 = $68.00 per unit

Answer:

The correct word for the blank space is: China Bistro.

Explanation:

P. F. Chang's China Bistro mainly known as China Bistro is an Asian-themed restaurant offering diverse dishes of Asian gastronomy. The restaurant is characterized by the elegance of its accommodations and offers buffets with a wide variety of foods as a form of an exhibition. P. F. Chang's China Bistro has a presence in different countries around the world such as Brazil, Dominican Republic, United Arab States, Qatar, South Korea, the United Kingdom, and the United States.