Martin Consulting Service, posting transactions to the appropriate Ledger accounts are as follows:
Cash
Date Account Titles Debit Credit
Sept. 1 Capital, Martin $40,000
Sept. 16 Automobile $28,000
Sept. 20 Supplies 550
Sept. 23 Supplies 105
Sept. 30 Accounts Payable (Zappo, Inc.) 2,100
Sept. 30 Drawings, Martin 3,000
Sept. 30 Prepaid Rent 4,500
Sept. 30 Service Revenue 11,325
Sept. 30 Utilities Expense 480
Capital, Martin
Date Account Titles Debit Credit
Sept. 1 Cash $40,000
Office equipment
Date Account Titles Debit Credit
Sept. 4 Accounts Payable
(Zappo, Inc.) $4,350
Accounts Payable
Date Account Titles Debit Credit
Sept. 4 Office equipment $4,350
Sept. 30 Cash $2,100
Automobile
Date Account Titles Debit Credit
Sept. 16 Cash $28,000
Supplies
Date Account Titles Debit Credit
Sept. 20 Cash $550
Sept. 23 Cash $105
Drawings
Date Account Titles Debit Credit
Sept. 30 Cash $3,000
Prepaid Rent
Date Account Titles Debit Credit
Sept. 30 Cash $4,500
Service Revenue
Date Account Titles Debit Credit
Sept. 30 Cash $11,325
Utilities Expense
Date Account Titles Debit Credit
Sept. 30 Cash $480
Data Analysis:
Sept. 1 Cash $40,000 Capital, Martin $40,000
Sept. 4 Office equipment $4,350 Accounts Payable (Zappo, Inc.) $4,350
Sept. 16 Automobile $28,000 Cash $28,000
Sept. 20 Supplies $550 Cash $550
Sept. 23 Cash $105 Supplies $105
Sept. 30 Accounts Payable (Zappo, Inc.) $2,100 Cash $2,100
Sept. 30 Drawings, Martin $3,000 Cash $3,000
Sept. 30 Prepaid Rent $4,500 Cash $4,500
Sept. 30 Cash $11,325 Service Revenue $11,325
Sept. 30 Utilities Expense $480 Cash $480
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The production function for laser eye surgery is given by Q = 20K0.5L0.5, where Q is the number of laser eye surgeries performed per day, K is the number of eye surgery machines (which is fixed at 2 in the short run), and L is the number of employees. The marginal product of labor for L = 3 is ____.
The marginal product of labor is 10.
Data and Calculations:
Production function = Q = 20K0.5L0.5 = 20 x K x 0.5 x L x 0.5
Where:
Q = number of surgeries per day
K = number of machines
L = number of employees
Assuming that:
K = 2
L = 2
Therefore, Q1 = 20 x 2 x 0.5 x 2 x 0.5
= 20 surgeries per day
Q2 = 20 x 2 x 0.5 x 3 x 0.5
= 30 surgeries per day
Change in productivity = 10 (30 - 20)
Change in labor = 1 (3 - 2)
Marginal product of labor = change in output / change in labor
= 10 (10/1)
Thus, the marginal product of labor for the production function is 10.
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why is the task of pricing extremely difficult
Your Company reported net sales in June of $500,000. At the beginning of June, the company reported beginning inventory of $375,000. Cost of goods purchased during June amounted to $164,500. The company reported ending inventory at the end of June of $210,500. What was the company's gross profit margin for June
If your Company reported net sales in June of $500,000. Cost of goods purchased during June amounted to $164,500. The company's gross profit margin for June is : $355,500.
Using this formula
Gross profit margin =Net sales- Cost of goods purchased
Where:
Net sales=$500,000
Cost of goods purchased=$164,500
Let plug in the formula
Gross profit margin=$500,000-$164,500
Gross profit margin=$355,500
Inconclusion if your Company reported net sales in June of $500,000. Cost of goods purchased during June amounted to $164,500. The company's gross profit margin for June is : $355,500.
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What was your largest contributor from indoor water? Why?
I need description
Until 1992, the Walt Disney Company had experienced nothing but success in the theme park business. Its first park, Disneyland, opened in Anaheim, California, in 1955. Its theme song, It’s a Small World After All, promoted an idealized vision of America spiced with reassuring glimpses of exotic cultures all calculated to promote heartwarming feelings about living together as one happy family. There were dark tunnels and bumpy rides to scare the children a little but none of the terrors of the real world. The Disney characters that everyone knew from the cartoons and comic books were on hand to shepherd the guests and to direct them to the Mickey Mouse watches and Little Mermaid records. The Anaheim park was an
The Anaheim park was an instant success, which Walt Disney Company replicated in Florida and Tokyo but failed to export to Paris, France.
The failure of Disney Paris was the result of a misunderstanding of the cultural peculiarities of the French. Some Frenchmen described the introduction of Disney Paris as "a cultural Chernobyl" and "a symbol of American cliches and consumer society."
Despite the envisaged 30,000 jobs that Disney Paris was to create and the demographic centrality of Paris in Europe, the diversification in Europe flopped.
Thus, Disney's misadventure in Europe became a short-lived and disastrous dream for the Walt Disney Company because of cultural misunderstanding.
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Pacific Ink had beginning work-in-process inventory of $1,070,790 on October 1. Of this amount, $436,900 was the cost of direct materials and $633,890 was the cost of conversion. The 65,000 units in the beginning inventory were 30 percent complete with respect to both direct materials and conversion costs During October, 136,000 units were transferred out and 47,000 remained in ending inventory. The units in ending inventory were 80 percent complete with respect to direct materials and 40 percent complete with respect to conversion costs. Costs incurred during the period amounted to $3,390,200 for direct materials and $4,343,130 6.00 points
Required
(1) Compute the equivalent units for the materials and conversion cost calculations.
(2) Compute the cost per equivalent unit for direct materials and for conversion costs using the weighted-average method. (Round your answers to 2 decimal places.) Officulty 2 Medium Objective: 08-0 600 points Compute the costs of goods transferred out and the ending inventory using the weighted- average method. (Round intermediate calculations to 2 decimal places.) Ending inventory
Answer:
hello dummy
Explanation: hoy hoy hoy
If u had to wear the same shoes, what would it be? Mine would be jordan's cause that's what I wear everyday
Answer: Same, i got these new Red and Black jordans that look fineeeeeeee
Explanation:
Why is competitive aggression, such as Tesla's drive to become the safest car factory in the world, considered to be an independent strategy
to influence the organization's environment
Competitive aggression like the actions of Tesla are considered independent strategies because d. It is an independent response to exploit a competence or efficiency for competitive advantage.
Independent strategies:
Are based on the way a company responds to a particular issue that is independent of their competitors Usually exploit some sort of competence that enables the company involved to gain a competitive advantage over its rivalsTesla is engaged in an independent strategy because they are responding to the needs of the auto industry by exploiting the safety angle and they are doing this independently, not based on competing with another rival.
In conclusion, Tesla is engaged in an independent strategy by aiming to be the safest because it is an independent response to the industry.
Options for this question include:
a. It is a cooperative strategy with another party to reduce its costs and risks.
b. It is a private legal action taken against market encroachment.
c. It is an independent action to improve relations with competitors.
d. It is an independent response to exploit a competence or efficiency for competitive advantage.
e. It is a coalition among two parties that act jointly to accomplish a set of initiatives.
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What is generally TRUE about deductibles in insurance policies?
A.
With a $500 deductible, the insurer pays the first $500 of any claim.
B.
Deductibles apply for every quarter of the year (every three months.)
C.
Policies with higher deductibles have extremely high premiums.
D.
Policies with lower deductibles have higher premiums.
Answer:
Answer is C.
Explanation:
I took the test already.
The Statement which is Tue about deductibles in insurance policies is Policies with lower deductibles have higher premiums. Thus the correct answer is D.
What is Insurance?Insurance is referred as a kind of assurance or protection against the risk that can occur in future events by paying some amount to take the policy to safeguard from any kind of damages.
Insurance helps to recover the occurred loss caused to policyholders by compensating them with the amount as per the policy on which they paid premiums.
The amount of the money you should expect to be paid toward an individual policy is referred to as deductibles. It helps the money of both the insurance company as well as lower the premium amount.
According to the policy of Deductibles in insurance policy, the higher premium has lower deductibles whereas lower premiums have higher deductibles.
Therefore, option D is appropriate.
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Lucas is the secretary of defense for the united states. He oversees military operations throughout the world. Lucas's position is part of the _ _ _ _ _ government
national
state
local
foreign
Answer:
This guy is a liar it's not local, it's national
Explanation:
National government represents the whole world not just a state or local is like schools and parks working for this kind of things is local government national government is different.
Lucas is the secretary of defense for the United States. He oversees military operations throughout the world. Lucas's position is part of the national government. Hence, option A is correct.
What is national government?The national government of a country is its executive branch. A nation is said to have a national government, or the central government in a unitary state, if it does not give significant power to regional divisions. A government is in charge of running the armed forces, foreign policy, the economy, and public services in addition to defining and enforcing social norms.
The national executive, or cabinet, is led by the President, who also serves as head of state. He or she is entrusted with promoting the nation's unity and interests while respecting the supremacy of the Constitution as the country's top legislation.
Thus, option A is correct.
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The Conner Company uses a two-step process for making wooden boards with holes in them. Step 1 is drilling and Step 2 is sanding. Drilling can be done using a hand drill that takes 2 minutes to load the bit and 2 minutes to drill each hole. If production of each unit involves drilling 14 holes, what is the maximum output of Step 1 using the manual drill if 1 setup is involved for each order of 1 board
The maximum output from Step 1 using the hand drill is 2 units per hour (option C).
To know how many boards of wood can be made in a given time using the manual drill that takes 2 minutes making each hole and 2 minutes loading, the following operations must be done.
Multiply the number of holes in each table by the amount of time it takes the drill to drill each hole.
14 × 2min = 28minAdd the time it takes for the drill to make the total holes to the two minutes it takes to load.
28min + 2min = 30minAccording to the above, each table takes 30 minutes to complete. So the correct answer is 2 units per hour (option C).
This question is incomplete because the options are missing. Here are the options.
A) 10 units per hour
B) 5 units per hour
C) 2 units per hour
D) 12 units per hour
E) None of the above
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What does Daniel Pink's research indicate about motivators used at work places? Financial motivators always work for employees irrespective of financial fairness levels. Carrot motivators work well for employees who need to be innovative at their jobs. Carrot motivators increase creativity at work places and improve efficiency. Stick motivators are especially helpful to tackle unethical and illegal behavior. Carrot motivators decrease innovation and turn creative work into drudgery.
Daniel Pink's research indicated that "Carrot motivators decrease innovation and turn creative work into drudgery."
This implies that when people know that their innovation might not work out and lead to penalties, they wouldn't want to function well or try any creativity at work.
Daniel Pink suggested in his research work that three components drive humans to improve their productivity in workplaces. These components are autonomy, mastery, and purpose.
Daniel Pink is famous for being an author and four times New York Bestseller.
Hence, in this case, it is concluded that the correct answer is option E. "Carrot motivators decrease innovation and turn creative work into drudgery."
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The process by which ANZ bank's internal job descriptions are matched to external jobs with similar responsibilities to identify the market rate for each position is known as:
Answer:
Um sorry Where's the answer?
metode wat gebruik word om inligting te versamel
Answer:
what
Explanation:
I can't understand sorry
1. Describe a natural monopoly and use a graph to support your answer.
2 Describe the main characteristics of a monopolistically competitive market.
Answer:
i think Monopoly Market Characteristics
Explanation:
i think The characteristics of monopoly include: (1) one firm, (2) one product, and (3) no entry (Table 5.1). The monopoly solution is shown in Figure 5.2. Note that long-run profits can exist for a monopoly, since barriers to entry halt any potential entrants from joining the industry.
Suppose you know that a company’s stock currently sells for $67 per share and the required return on the stock is 12 percent. You also know that the total return on the stock is evenly divided between a capital gains yield and a dividend yield. If it’s the company’s policy to always maintain a constant growth rate in its dividends, what is the current dividend per share?
Answer:
the dividend per share is $3.79
Explanation:
Expected return = Dividend yield + Capital gain yield
The total return is evenly divided into the capital gain yield and dividend yield. Hence, the capital gain yield is 6% and dividend yield is 6%.
A Empresa Comercial Ltda. apresenta um ciclo de caixa de 20 dias e efetua pagamentos anuais no montante total de R$ 180.000.
Com base nestas informações, calcule o caixa mínimo necessário para a empresa manter-se líquida.
A alternativa que apresenta o valor correto para o caixa mínimo necessário, é:
a.
15.000
b.
22.500
c.
25.800
d.
10.000
e.
20.000
Answer:
A Resposta é d) 10.000
Explanation:
Explain 3 factors that change supply elasticity.
Answer:
There are numerous factors that impact the price elasticity of supply including the number of producers, spare capacity, ease of switching, ease of storage, length of production period, time period of training, factor mobility, and how costs react.
The second issue you chose to address with Kenisha is the complexity of the product. The marketing department conducted numerous focus groups to gauge their reaction to the prototype, and the feedback from these focus groups revealed that customers perceived the product to be too complicated and not sufficiently user-friendly. Which of the following statements would be the best explanation for the rejection based on the focus groups' feedback that the product was too complex?
a. The good news is that you've put a lot of great features in the Radio-DRM. The bad news is that focus group customers thought that it was about as complicated as programming the Starship Enterprise. They don't want to spend hours adjusting dials and knobs; all they want to do is plug it in and set a few controls.
b. The customers in the focus groups thought this product is just too complicated! You're building a cruise ship when a simple rowboat will do. You and your team need to stop over- engineering.
c. The marketing department conducted several focus groups for this prototype, and it looks like there are some problems with its complexity. You need to fix these problems as soon as possible.
d. As you know, the marketing department conducted several focus groups for the prototype. Although there were features customers liked, much of the feedback from customers was that the Radio-DRM needs to be made simpler and more user-friendly.
Answer:
ushdusbs
Explanation:
espero te si ha bro zorry
Kelley Company and Mason Company each have sales of $200,000 and costs of $140,000. Kelley Company's costs consist of $40,000 fixed and $100,000 variable, while Mason Company's costs consist of $100,000 fixed and $40,000 variable. Which company will suffer the greatest decline in profits if sales volume declines by 15%?
The firm that would suffer the greatest decline in profits if sales volume declines by 15% is Mason Company.
The cost of a company is made up of fixed cost and variable cost. Fixed cost is the cost that does not vary with output of the company. It remains fixed no matter the level of output. An example of fixed cost is rent. Variable cost is the cost that varies with output. If output increases, variable cost increases and if output falls, output decreases.
If sales volume decreases, the output of Mason Company would decline more compared with the output of Kelley company because it has a higher fixed cost. So, we when sales reduces, its cost would would not reduce as many as the cost of Kelley company.
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What was California’s GDP in 2010 in millions?
$5,840.7
$5,810.2
$5,814.4
$5,339.8
$4,050.9
Answer:5,814.4
Explanation:
For creating perception, companies make use of strategic tools like ___ _
a) Service contracts
b) O Sales calls
c) User training
d) Websites
The meaning of strategy and how the approach to strategy has changed over time.
The relationships and differences among corporate, business, and marketing strategy.
The concept and process of corporate strategic planning.
The role of the product in a marketing strategy and the many aspects of the product that can be used to tailor the strategy.
The role of customer choice in marketing strategy and the logic of choosing customers.
The role of market area choice in marketing strategy and ways to choose market areas.
Core competencies as part of marketing strategy.
The interrelationship among product, customer, market area, and core competency decisions.
The logical connections among strategies, structures, and functions as outlined in the Integrated Model of Marketing Planning (IMMP).
Why is competition limited in an oligopoly
Answer:
High entry costs prevent new producers from entering the market. ... Producers actively segment the market to avoid competition. High entry costs prevent new producers from entering the market.
Explanation:
Hope this helps:)
~Kisame'sAbs
how to deal with accrued income in accounting equation?
Explanation:
Accured income is the income that has been earned during the year, but is still to be received. Accordingly, it will increase the capital of the proprietor.And secondly it would be treated as a asset as it due from some third party that would be considered as a debtor of the firm.
I hope it will be help you
Who were the individuals who met on Jekyll island to create the format for the federal reserve act of 1913
Answer:
Piatt Andrew, Henry Davison, Arthur Shelton, Frank Vanderlip and Paul Warburg – met at the Jekyll Island Club, off the coast of Georgia, to write a plan to reform the nation's banking system.
Explanation:
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The people who met on Jekyll island to create the format for the Federal Reserve Act of 1913 were Piatt Andrew, Henry Davison, Arthur Shelton, Frank Vanderlip and Paul Warburg.
What is the Federal Reserve Act?On December 23, 1913, President Woodrow Wilson signed the Federal Reserve Act into law after the 63rd United States Congress enacted it. The bill established the Federal Reserve Institution, the United States' central banking system.
The Federal Reserve Act was created by Congress in order to maintain financial stability in the United States by establishing a central bank to manage monetary policy.
The format for the act of created by Piatt Andrew, Henry Davison, Arthur Shelton, Frank Vanderlip and Paul Warburg in order to make the reforms in the banking system.
Therefore, it can be concluded that the Federal Reserve Act was meant to improve the banking system.
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What is millennial behaviour regarding cooking and food trends?
In considering healthy eating, their report also indicates that millennials have primary importance in transparency around ingredients with 36% wanting to know if products are Australian-owned and grown, followed by whether they are locally grown (31%) and whether products have no additives or preservatives (24%).
The Village of Seaside Pines prepared the following enterprise fund Trial Balance as of December 31, 2020, the last day of its fiscal year. The enterprise fund was established this year through a transfer from the General Fund. Debits Credits Accounts payable $ 100,000 Accounts receivable $ 25,000 Accrued interest payable 28,000 Accumulated depreciation 45,000 Administrative and selling expenses 47,000 Allowance for uncollectible accounts 12,000 Capital assets 705,000 Cash 90,000 Charges for sales and services 550,000 Cost of sales and services 492,000 Depreciation expense 45,000 Due from General Fund 17,000 Interest expense 40,000 Interest revenue 4,000 Transfer in from General Fund 115,000 Bank note payable 625,000 Supplies inventory 18,000 Totals $ 1,479,000 $ 1,479,000 Required: a. Prepare the closing entries for December 31. b. Prepare the Statement of Revenues, Expenses, and Changes in Fund Net Position for the year ended December 31. c. Prepare the Net Position section of the December 31 balance sheet. (Assume that the revenue bonds were issued to acquire capital assets and there are no restricted assets.)
The total net position for Village of Seaside Pines is $10000.
The closing entries for December 31st be:
Debit Charge for Sales and services $550000
Debit Transfer in from General Fund $115000
Debit Non operating revenues $4000
Credit Cost of sales and services $492000
Credit Depreciation expense $45000
Credit Administrative and selling expense $47000
Credit Non operating expense $40000
Credit Net position $45000
The Net Position section of the December 31 balance sheet will be prepared thus:
Capital asset acquired = $705000
Less: Accumulated depreciation = $45000
Less: Revenue bonds = $625000
Net investment in capital = $35000
Therefore, the total net position will be:
= $45000 - $35000
= $10000
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The following statement is TRUE about Lean A. Lean will cost a lot of money to introduce in an organization. B. Lean can only be applied in certain types of businesses. C. Just-In-Time is when parts/supplies arrive at the last possible moment. D. Lean is all about cost-cutting and results in much of the workforce getting fired. E. When we remove waste from a process, we are left with value-added activities. This enables us to produce more in less time while actually doing the value-added work slower.
Lean manufacturing is basically a production method with major aim of reducing times within the system and response times from suppliers or customers.
Some of the advantage of Lean management includes:
It help eliminates wasteIts results to worker Satisfaction. ... Its encourage Just in Time practice Its helps gain competitive advantageTherefore, Lean management encourages Just-In-Time practice where parts/supplies arrive at the last possible moment, helps to remove waste from a process and enables production of more in less time
In conclusion, Option C, E and F is correct and includes statement that is true about Lean management
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A firm can establish a sustainable competitive advantage over competitors if:
Answer:
it provides its customers benefits similar to its competitors but at a lower price
Explanation:
N/A
A firm can establish a sustainable competitive advantage over competitors if they are outperforming another contender.
What is firm?When a business offers its clients advantages similar to those of its rivals but at a cheaper cost, it has an edge over its competitors. This is caused by the fact that all creates its goods at a considerably lower price than its rivals.
When a company consistently beats its rivals, it would have a competitive edge. By offering products that are comparable to those of its opponents at a cheaper cost, a business might obtain an edge over its competitors.
When a company consistently beats its rivals, it would have a competitive edge. By offering products that are comparable to those of its opponents at a cheaper cost, a business might obtain an edge over its competitors.
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identify two ways lean production might be achieved
Answer:
VJNJMJNBGNFVF VGJFKVKFKRKELÑKTKFKLRGRLBG
Explanation:NBGNNUKIKUUHKNU6GGGTGJ
