Necessary elements suggested by economist Antonio Argandona were respect for privacy, truthfulness and accuracy, accountability and respect for assets and security rights.
Antonio Argandona, an economist, suggests that moral requirements be imposed on the information and data on which new technology is based.
-Respect for privacy: The person who receives or acquiring information must consider the ethical boundaries.
-Honesty and accuracy: The person receiving or gathering information must be objective.
-Accountability
-Respect for property and the right to safety: Everyone's safety should be guaranteed.
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Nominal gdp measures base-year production using base-year prices, whereas real gdp measures current production using current prices. True or false?.
Nominal GDP measures base-year production using base-year prices, whereas real GDP measures current production using current prices.
The statement is false.
Nominal GDP is GDP evaluated at contemporary marketplace expenses. therefore, nominal GDP will include all of the changes in marketplace fees which have taken place all through the modern 12 months due to inflation or deflation.
Nominal GDP is the Gross home Product without any impact of inflation. real GDP is the inflation-adjusted GDP of a rustic. The Nominal GDP of a rustic is expressed in terms of current year costs of goods and offerings.
Nominal GDP assesses monetary manufacturing in an economy but includes the modern charges of goods and offerings in its calculation.
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two years ago, an investor bought mutual fund shares. today, if the investor intends to purchase additional shares, she can obtain a reduced sales charge by using:
If the investor intends to purchase additional shares, she can obtain a reduced sales charge by using Rights of accumulation.
When the combined value of newly purchased and previously held mutual funds reaches a rights of accumulation (ROA) breakpoint, a mutual fund shareholder's sales commission fees are subject to a lower rate.
Mutual fund companies design rights of accumulation breakpoints to give investors commission breaks. The sales commission charge structures for investment funds are decided by mutual fund providers. When an investor purchases shares of a mutual fund through an intermediary, the investor is subject to sales fees. The sales commission schedules of mutual fund companies may include ROA breakpoints.Even though they're prevalent, not all funds provide ROAs, so if you intend to build up a significant stake, be sure before buying.Learn more about Rights of accumulation, here
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according to the capm, what is the market risk premium given an expected return on a security of 17.3%, a stock beta of 0.9, and a risk-free interest rate of 11%?
The market risk premium is 7.00%, given an expected return on a security of 17.3%, a stock beta of 0.9, and a risk-free interest rate of 11% is
Risk premium (Rs-Rf)÷B
Here,
Risk free rate of return (Rf) 11.0%
Beta of the stock (B) 0.9
Portofio expected return (r) 17.3%
Risk premium (17.3% -11%) ÷0.9 = 7.00%
A risk premium is the excess of an asset's expected investment return over its risk-free rate of return. Investors receive compensation in the form of a risk premium for an asset. It serves as compensation for investors who accept more risk in a particular investment than they would in a risk-free asset.For instance, there is often low default risk associated with high-quality bonds issued by reputable businesses that generate significant profits. So, compared to bonds issued by less well-known businesses with a larger risk of default and uncertain profitability, these bonds pay a lower interest rate. Investors are compensated for their increased risk tolerance by the higher lending rates that these smaller businesses must charge.Learn more about Risk premium, here
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In the ________ activity of scm, supply chain managers create a responsive and flexible network for receiving defective, returned, or excess products back from their customers, as well as for supporting customers who have problems with delivered products.
In the return activity of SCM, supply chain managers create a responsive and flexible network.
SCM refers to Supply Chain Management. Supply Chain Management refers to the flow of goods and services and takes into concern the transformation of all raw materials into finished products. They also help in the supply of products between different business sectors and locations.
Supply chain management has various activities like supply planning, production planning, inventory planning, and so on. The Return activity refers to that part of the supply chain where the chain deals with the returned products which have been given back due to defects, excess quantity, and so on. It also helps in dealing with the problems of the customers and helps them with newer products.
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questions 1. what information does paul have to support his belief that something is wrong? 2. knowing that you are not an attorney, does it appear from a project management perspective that sufficient information exists for a possible lawsuit to recover all or part of the incentive bonus for early delivery? 3. how do you think this case study ended? (it is a factual case and the author was the consultant.)
The management section of the proposal obtained by Paul provides supporting evidence that Welton knowingly manipulated the contract in their favor.
Welton stressed their ongoing connection with the Navy and mentioned that they had previously completed nearly comparable tasks for them using a team of individuals who had worked on previous contracts. If such were the case, then why did it take them six months to construct their manufacturing and procurement strategies, especially since similar plans for other contracts were created in less time? Furthermore, one should undoubtedly question Welton's motivation for requesting an incentive-based contract. The case study stated that while the Navy was interested in their contractor's choice, Welton was adamant on changing the contract type. In order to fulfill the contract one quarter earlier than expected, Welton took advantage of the incentive-based contract by investing an additional $5 million in labor. According to the 90%-10% share agreement, Welton received a $6 million incentive for the early delivery but the labor cost overrun of $5 million only resulted in a $500,000 fine.Although it appears exceedingly doubtful, there may be sufficient evidence for the Navy to recover some of the incentive bonus. It is ultimately the Navy's fault for agreeing to a fixed-price-incentive-fee contract and anticipating that Welton would not abuse the terms of the agreement. They may have questioned Welton's motivations at various stages throughout the project and changed direction if needed. For example, towards the end of the first quarter, when Welton was meant to be creating their production plans, they were spending more than twice as much on labor as planned. The cost overruns would have been an alert if the Navy had been keeping an eye on their purchase orders and expense reports. The proposal's management section lends credence to the Navy's concerns that Welton deliberately finished the task in less time to get the incentive. Both parties must have been truthful in their assessments and contract talks, according to the contract's Truth of Negotiations provision. In court, Welton would have to provide evidence as to why they anticipated this job would take so much longer than the other, comparable projects they had already finished. In a potentially drawn-out legal battle, the Navy must demonstrate that Welton utilized improper pricing tactics to boost company profits. The argument that Welton intended to con the Navy from the beginning should be supported by the fact that Welton began billing labor charges at a rate that was around 62% higher each month.The Navy for signing an incentive contract and failing to check on the project's condition while it was ongoing, as well as the Welton Company for failing to provide accurate estimates during negotiations, make it difficult to make a judgment because both parties share responsibility. It is the responsibility of the Navy to prove that Welton purposefully supplied estimations that were not supported by the available historical evidence and instead promoted their own individual objectives. It would be challenging for the top management at Welton, who signed the "Truth of Negotiations" paper, to deny on evidence that they had not intended from the start to finish on time and get the reward.Lean more about Navy, here
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bristo corporation has sales of 1,000 units at $50 per unit. variable expenses are 40% of the selling price. if total fixed expenses are $20,000, the degree of operating leverage is:
The degree of operating leverage is 3 times
The degree of operating leverage calculates how much a company's operating income changes in respect to a change in sales. The DOL ratio analysts in determining the impact of any change in sales on the company earnings.
Calculating the problem:Total contribution margin = Units sold × contribution margin per unit
= 1000 × (50×60%)
= 1000×30
= $30,000
Net operating income = Total contribution margin - fixed expenses
= 30000 - 20000
= $10,000
Degree of operating leverage = Total contribution margin / net operating income
= 30000 / 10000
= 3
What Is Operating Leverage?
Operating leverage is a cost-accounting formula that calculates the degree to which a firm or project can gain operating income by increasing revenue. A business that operates sales with a high gross margin and low variable costs has high operating leverage.
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we are sorry, but we could not complete this payment, because it has been denied. please retry with a another funding option to continue with the payment.
Answer:
tell me the other funding options?
Explanation:
A factory in germany produces millions of auto parts a year, and has been able to reduce its costs per unit as it increased its production. This demonstrates the concept of.
A German business that makes millions of vehicle parts annually was able to lower its cost per unit as it boosted production. This serves as an example of the idea of economies of scale.
Cost advantages that businesses enjoy when production becomes efficient are known as economies of scale. By increasing production and reducing expenses, businesses can attain economies of scale. Costs are divided among more products, which causes this. Costs come in fixed and variable forms.
When it comes to economies of scale, the size of the business typically matters. Cost savings increase with business size. Both internal business and external economies of scale are possible. While external economies of scale are influenced by outside causes, internal ones are based on management choices.
Economies of scale result in cheaper per-unit costs for a variety of reasons. Production volumes are first increased through worker specialization and better technological integration. Additionally, decreased per-unit prices may result from larger advertising purchases, bulk orders from suppliers, or lower startup costs. Third, cost reduction is aided by dividing internal function costs among a greater number of manufactured and sold units.
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siskiyou, inc. has total current assets of $1,200,000; total current liabilities of $500,000; long-term assets of $800,000; and long-term debt of $600,000. how much is the firm's total equity?
The total equity of Siskiyou, inc. is $900,000.
What is total equity?Entire assets minus total liabilities equals equity. A company's balance sheet will contain all of these numbers.
The sum that investors put in a firm in return for stock, plus all future profits realized by the company, less all future dividends paid out, is referred to as total equity.
Total equity =( current assets + long term assets) - (long term debt + current liabilities)
= 2,000,000-(500,000+600,000)
= $900,000
Hence, The total equity of Siskiyou, inc. is $900,000.
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4.if the change in gdp in south korea from 2016 quarter 3 to 2016 quarter 4 was 1.6%, then we may conclude that the s.a.a.r for gdp in the same period was a.1.6%, because s.a.a.r. measures quarter-to-quarter growth b.3.2%, because s.a.a.r. measures the upper limit of current gdp growth c.one-fourth of 1.6%, or 0.4%, because s.a.a.r. removes all annualized data d.four times 1.6%, or 6.4%, because s.a.a.r. annualizes quarterly data
Because s.a.a.r. annualizes quarterly statistics, if the change in South Korea's GDP from 2016 Quarter 3 to 2016 Quarter 4 was 1.6%, we can infer that the s.a.a.r. for the same period was 4.6%.
A rate adjustment known as a seasonally adjusted annual rate (SAAR) is used to try to eliminate seasonal changes in economic or commercial statistics, such as sales figures or employment figures. In the past, coal and coke were abundant in the Saar and Ruhr districts. This attracted the steel industry, which is crucial for making weapons. The market worth of all the finished goods and services that nations produce and sell in a certain time period is measured in dollars by their gross domestic product (GDP). This measurement is frequently reviewed before being regarded as a valid indicator due to its subjective and complicated character. The USA is by far the largest economy in our ranking for 2021, with a GDP of $23.0 trillion USD. With a GDP of 17.7 trillion USD, China comes in second position.
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the residents of ecuador earn $700 million of income from abroad. residents of other countries earn $200 million in ecuador. the earnings of ecuadorian residents abroad are accounted for in ecuador's
The earnings of Ecuadorian residents are accounted for Ecuador's GNP (gross national product) which is larger than its GDP (gross domestic product).
Gross national product (GNP), determined without taking into consideration the depreciation or usage of capital utilized in the manufacturing operation, is the total value of the final goods and services manufactured by a nation's economy during a particular period of time (typically a year).
Whereas GDP (gross domestic product) means the total market value of all the goods and services produced in an economy during an accounting period. When local industries sell more commodities and services to foreign countries than national customers purchase from international customers, the gross domestic product (GDP) of that nation generally increases. A nation is considered to have a current account surplus when this occurs.
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if the price index in the first year is 125, in the second year is 150, and in the third year is 200. what is the inflation rate between the first and second year and between the second and third year?
The inflation rate between the first and second year is 20%.
The inflation rate between the second and third year is 33.33%
The Price Index is a crucial economic metric. It calculates the average change in prices paid by consumers over a time interval for a basket of goods and services. The annual rate of inflation is actually the price of the total basket in a month compared with its price in the same month one year previously. Inflation is the percent changes in the price index from one year to the next.Calculating the rate of inflation:Between the first and second-year inflation was :
( 150 - 125 ) ÷ 125
= 25 ÷ 125
= 20%
Inflation during the second and third year is
(200 -150) ÷ 150
= 50 ÷ 150
= 33.33%.
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if the spot rate of the euro is $1.10 per euro and the 30-day forward rate is $1.00 per euro and you believe that the spot rate in 30 days will be $1.05 per euro, you can maximize speculative gains by:
You can try to maximize speculative gains by: signing a forward foreign exchange contract to sell dollars in 30 days.
How do we calculate forward and spot exchange rates?To calculate the forward rate, simply multiply the spot rate by the ratio of interest rates and manage for the time until expiration.
So, the forward rate equals to the spot rate x (1 + domestic interest rate) / (1 + foreign interest rate).
What is spot rate and forward rate?In common , a spot rate means to the current price or bond yield, while a forward rate means to the price for the same product or instrument at some points in the future. In commodities futures markets, a spot rate is the price for a commodity that is being traded immediately on the spot.
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what is the npv of a project that would cost $80000 today and be expected to produce annual cash flows of $7300 forever with the first annual cash flow expected in 1 year, if the cost of capital of the project is 9.34 percent?(round the value to nearest dollar)
$4,468 Is the npv of a project that would cost $80000 today and be expected to produce annual cash flows of $7300 forever with the first annual cash flow expected in 1 year, cost of capital is 9.34 percent.
Step-1:Calculation of present value of annual cash inflows Present Value=Annual Cash inflow/Cost of Capital = $ 7,100/9.40% = $ 75,532 Step-2:Calculation of NPV of the project Present value of cash inflow $ 75,532 Less Investment $ 80,000 NPV $ (4,468)
Capital budgeting places a greater emphasis on cash flows than profits, in contrast to several other methods of investment analysis. Instead of accounting the income and expenses resulting from the investment, capital budgeting focuses on identifying the cash inflows and outflows. Since they are cash flow activities, non-expense items like debt principal payments are, for instance, accounted for in capital budgeting. Contrarily, because they are not cash transactions, non-cash expenses like depreciation are not taken into account when planning capital expenditures (save to the extent that they have an impact on tax calculations for "after tax" cash flows). The amount of money that enters and leaves a business over the course of a fiscal year is referred to as annual cash flow.
Divide the cash flow for the period by the number of times it happens in a year.
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Each year, the red lobster restaurant chain awards the lighthouse award to store managers who demonstrate outstanding leadership and live the firm’s core values. The lighthouse award is an example of.
Each year, the red lobster restaurant chain awards the lighthouse award to store managers who demonstrate outstanding leadership and live the firm’s core values. The lighthouse award is an example of a "Most recognized employee award".
What is the "Most recognized employee award"?A recognition award is a concrete expression of employee appreciation given to a person or group to let them know that their effort or achievement is worthy of celebration. You may preserve that amazing occasion for you and your team by celebrating with a one-of-a-kind item.
Awards for employee appreciation can be given to team members for a variety of accomplishments. There are many possibilities for this kind of acknowledgement, and they may be simply tailored for any business endeavour or occasion.
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Describe how the economic system would affect entrepreneurs in the country.
The Economic System has a very vital role in entrepreneurship.
An entrepreneur can put his/her entrepreneur skills into practice only when the economy is stable. It majorly depends on Demand and Supply factors, government policies, business environment.
By offering cutting-edge technologies, goods, and services, entrepreneurs stimulate economic growth. Existing businesses are forced to become more competitive due to increased entrepreneurship competition. Long-term and short-term job prospects are both created by entrepreneurs.
There is freedom of choice and free enterprise in a market economy. Private business owners are free to acquire and utilize resources for the production of goods and services.
Many people think of capitalism as an economic system in which private individuals own and control property according to their own interests, and where supply and demand freely determine market prices in a way that can best serve the needs of society. Profit-making is the primary driving force behind capitalism.
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reasons behind the drop in bank profitability in the late 2000s include: i. flattening of the yield curve. ii. increase in competitive pressures on asset pricing. iii. increases in foreclosures in the mortgage market. iv. increases in net interest margin.
Reasons behind the drop in bank profitability in the late 2000s include increase in competitive pressures on asset pricing. Hence, option B is correct.
What is asset pricing?The Asset Pricing Program looks into the factors that influence the prices and returns of financial and tangible assets such stocks, bonds, cash, and real estate. It also looks into the behavior of the individuals and organizations that invest in these assets.
Asset prices are also of fundamental significance for the macroeconomy since they provide crucial information for important economic decisions impacting actual investments and consumption.
Thus, option B is correct.
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What type of analytics recommends one or more courses of action, identifies the likely outcome of each decision, and quantifies the effect of future decisions in order to advise on possible outcomes before the decisions are actually made?.
Prescriptive analytics make decision one or more courses of action, identifies the likely outcome of each decision, before the decisions are actually taken.
What is Prescriptive analytics?
Prescriptive analytics makes an effort to quantify the impact of future actions. It is a subset of data analysis that seeks to provide a solution to Through the examination of raw data, technology is used to assist organizations in making better decisions. Prescriptive analytics makes recommendations for a course of action or strategy based on knowledge about potential situations or scenarios, available resources, historical performance, and present performance. It may be applied to decision-making on any time scale, from the short term to the long haul. Descriptive analytics, on the other hand, assess choices and results after the event.
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suppose that kim k decides to spend $30,000 on an american‑made purse instead of donating it to haitian earthquake relief. assume that the multiplier is 1.6 . how much will gdp rise when kim k buys her purse according to the multiplier effect? $ 33000
K decides to spend $30,000 on an american‑made purse instead of donating it to haitian earthquake relief. Chanage in GDP = 51,000 will gdp rise when kim k buys her purse according to the multiplier effect.
Joint Task Force-Haiti supported U.S. foreign disaster assistance, coordinated by the U.S. Agency for International Development Bureau for Humanitarian Assistance, at the request of the government of Haitian from August 15 to September 2, 2021, to assist those affected by a devastating earthquake in Haiti's Southern Claw. Joint Task Force-Haitian, along with the Bureau for Humanitarian Assistance of the U.S. Agency for International Development, carried out overseas disaster assistance operations from August 15 to September 2, 2021, to assist those affected by a devastating earthquake in Haiti's Southern Claw.
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a payer requires the provider to list specific identifiers supplemental claim information on the cms-1500. determine the most likely place they would require this information to be reported.
Item Number 19 is the most likely place they would require this information to be reported.
The standard claim form for billing Medicare carriers and durable medical equipment regional carriers (DMERCs) when a provider is eligible for a waiver from the Administrative Simplification Compliance Act's (ASCA's) requirement for electronic filing of claims is the CMS-1500 form. Some Medicaid state agencies also utilize it for billing purposes. Additional information on the patient's health or the claim is specified in Item No 19 where the provider can list supplemental claim information.
On paper claims, Box 19 is frequently utilized for information that the CMS-1500 claim form cannot otherwise allow. This field's data entry will print but NOT export electronically. To find out where the data is anticipated, kindly get in touch with your payer.
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economic efficiency in a free market occurs when group of answer choices consumer surplus is maximized. price is as low as possible. producer surplus is maximized. the sum of consumer surplus and producer surplus is maximized.
Economic efficiency in a free market occurs when the sum of consumer surplus and producer surplus is maximized.
In order to serve each person or entity in the best possible manner while minimizing waste and inefficiency, economic efficiency implies an economic state. Any adjustments made to benefit one entity would hurt another in an economically effective economy. The cost of production is kept as low as feasible for both the fixed and variable inputs of production.
Allocative, productive, distributive, and Pareto efficiency are a few words that refer to different stages of economic efficiency. Economic efficiency is essentially an idealized limit that can only ever be approached.
Instead, to determine how effectively an economy operates, economists examine the amount of loss, sometimes known as waste, between pure efficiency and reality.
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nikita enterprises has bonds on the market making annual payments, with ten years to maturity, a par value of $1,000, and selling for $980. at this price, the bonds yield 7.5 percent. what must the coupon rate be on the bonds? (do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)
Per value $1,000.00
Current Price $980.00
Years to maturity 10
Yield to maturity 7.50%
Coupon payment per year $72.09
Coupon rate 7.21%
The coupon rate be on the bonds is 7.21%.
I bonds earn hobby from the first day of the month you purchase them. Twice a year, we upload all of the hobbies the bond earned in the preceding 6 months to the principal (main) value of the bond. That gives the bond a brand new fee (antique price + interest earned).
There are ways that traders make cash from bonds. The individual investor buys bonds immediately, with the aim of preserving them till they mature so that they will make the most of the hobby they earn. They will additionally buy into a bond mutual fund or a bond alternate-traded fund (ETF).
Each bond and notes pay interest every six months. The interest fee for selected security is about on the auction. The rate for a bond or a word can be the face fee (also referred to as par cost) or maybe extra or much less than the face cost. The price relies upon the yield to maturity and the hobby fee.
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frito lay introduced electric vehicles and compressed natural gas semi-trucks to their fleet. this is an effort to improve their company's: group of answer choices complexity analysis bottom-line performance sustainability
Frito lay introduced electric vehicles and compressed natural gas semi-trucks to their fleet. this is an effort to improve their company's Sustainability.
It is a form of petroleum that typically happens in affiliation with crude oil. A fossil gasoline, herbal fuel line is used for power generation, heating, and cooking and as a gasoline for sure vehicles.
Today, maximum EV car batteries have a existence expectancy of 15 to twenty years in the car – and a 2d existence beyond.” It's additionally really well worth noting that EV battery era remains evolving, in order tech develops we assume batteries' lifespan to increase – in addition to turning into cheaper, smaller or even lighter.
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state regulations regarding the sale of alcohol over the internet can negatively impact the business of fine wine distributors, making it all the more critical for their marketers to adjust their marketing strategies based on these factors.
State regulations regarding the sale of alcohol over the internet can negatively impact the business of fine wine distributors, making it all the more critical for their marketers to adjust their marketing strategies based on these technological factors.
In the field of business, the ways in which a company manages the production and the sales of its product including e-commerce are referred to as technological factors.
Effective marketing strategies need to be applied by keeping into consideration all the technological factors. The operation of an organization is based on its technological factors.
The imposition of state regulations over the sale of alcohol is a technological factor that needs to be focused on and requires adjusting the marketing strategies.
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calculate bond price if the coupon payment is 8%, yield for the bond is 10%, bond's face value is 1,000 and matures in 6, if paid semi-annually (enter the answer in dollar format without $ sign or thousands comma -> 3519.23 and not $3,519.23 or 3,519.23)
The answer of the bond price is $911.37
What is bond price?
Daily monitoring of bond prices is valuable for determining the direction of interest rates as well as, more broadly, the future of the economy. Not surprisingly, they play a significant role in a properly managed as well as diversified investment portfolio. Bond yields and prices are always subject to price fluctuations, particularly during times of rising as well as falling interest rates. Let's talk about the connection between bond yields and prices. If you purchase a bond right away, its face value will be its price, and its yield will be equal to its coupon rate. That is, you will receive exactly that if you purchase a bond with a three-year interest rate of 1%. You will receive the bond's face value back once it matures.
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restricted cash is reported . multiple choice question. separately as an asset on the balance sheet with other revenue on the income statement separately under stockholders' equity on the balance sheet together with cash and cash equivalents on the income statement
Restricted cash seems one at a time from cash on the stability sheet, whilst its cause is disclosed in the financial announcement footnotes. restricted coins can be used as collateral for a mortgage or for capital fees which include a factory upgrade or device purchase.
A company's balance sheet should consist of all belongings and liabilities, together with coins.
Restrained coins is mentioned one at a time from cash and cash equivalents on a corporation's balance sheet, and the purpose the coins are restrained is normally revealed inside the economic assertion's accompanying notes.
Restricted cash may be categorized as a protracted-time period asset, or a cutting-edge asset (one year or less limit), and when the restriction goes away/matures, it will become coins and cash equivalent.
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a lower density zoning code in a high-rent-apartment neighborhood has changed the usual comparison units and rules of thumb for land value. if vacant apartment-zoned lots could formerly be developed to 12 units each, but now can be developed to only 6 units each, what value change is likely?
If a high-rent apartment neighborhood's lower density zoning regulation standard reference units and general guidelines for determining land value, a fall in the value per square foot change is likely to occur.
The density of homes per square foot of land, such as an acre, is controlled by low-density residential zoning rules. There isn't a standard low-density zoning rule because every town typically adopts its own based on its requirements and preferences. If a high-rent apartment neighborhood's lower density zoning regulation standard reference units and general guidelines for determining land value, a fall in the guidelines value per square foot change is likely to occur.
In low-density residential zones, Crystal City, Minnesota, for instance, guidelines only allows five homes per acre whereas Jefferson City County, Virginia, only density zoning allows one home per acre. For details on the city's unique zoning regulations, contact them.
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suppose chile uses one unit of labor to produce a banana and three units of labor to produce an avocado. suppose argentina uses two units of labor to produce a banana and one unit of labor to produce an avocado. in this case, chile:
Suppose Argentina uses two units of labor to produce a banana and one unit of labor to produce an avocado. in this case, Chile has a comparative advantage in producing banana.
Argentina is an emerging nation. After Brazil, its economy is the second-largest in the entire continent of South America.
Argentina benefits from a diverse industrial foundation, abundant natural resources, a highly educated populace, and an agricultural sector focused on exports. Argentina's economic performance has traditionally been quite erratic, with periods of rapid expansion and severe recessions interspersed, especially since the late twentieth century. Since then, poverty and unequal income distribution have risen. Argentina had one of the top ten greatest per capita GDPs worldwide at the start of the twentieth century. In addition to being superior to France and Italy, it was on level with Canada and Australia.
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barnes company reports the following for its product for its first year of operations. direct materials $ 35 per unit direct labor $ 25 per unit variable overhead $ 10 per unit fixed overhead $ 48,000 per year variable selling and administrative expenses $ 3 per unit fixed selling and administrative expenses $ 20,000 per year compute total product cost per unit using absorption costing for the following production levels: (a) 2,000 units, (b) 2,400 units, and (c) 3,000 units.
The total product cost per unit using absorption costing for the following production levels are:
a) 2,000 units $94b) 2,400 units $90c) 3,000 units $86.What is the total product cost per unit under absorption costing?The total product cost per unit under absorption costing is the sum of direct materials, direct labor, variable manufacturing overhead, and fixed manufacturing overhead per unit.
Direct materials per unit = $35
Direct labor per unit = $25
Variable overhead per unit =$10
Total variable manufacturing cost per unit = $70
Fixed manufacturing overhead per year = $ 48,000
Variable selling and administrative expenses per unit = $3
Fixed selling and administrative expenses = $20,000
2,000 units 2,400 units 3,000 units
Fixed costs per unit $24 $20 $16
Variable manufacturing cost 70 70 70
Total product cost per unit $94 $90 $86
Thus, the total product cost per unit reduces as the production level increases but includes the fixed manufacturing cost under absorption costing.
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the income statement answers which of the following questions? a. how profitable was the business? b. how much money did the owners invest? c. how much cash did the firm generate? d. how much money does the company owe?
Answer: How Profitable was the business?
Explanation:
the income statement indicates how much money the business accumulated