If a firm is a factor price taker in the labor market,a) it will continue to hire workers as long as MFC > MRP. b) it must pay higher wages in order to hire additional workers. c) it must hire all workers who apply for a job. d) it can hire all the workers it wants to at the going wage rate.

Answer:

FV= $819,909.85

Explanation:

Giving the following information:

Anual deposit= $20,000

Number of periods= 20 years

Interest rate= 7%

To calculate the future value, we need to use the following formula:

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

A= annual deposit

FV= {20,000*[(1.07^20) - 1]} / 0.07

FV= $819,909.85

Question Completion:

Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions for March.

Date Activities Units Acquired at Cost Total Cost / Sales

Mar. 1 Beginning inventory 70 units at $50.40 $3,528  

Mar. 5 Purchase 210 units at $55.40 11,634

Mar. 9 Sales 230 units at $85.40 19,642

Mar.18 Purchases 70 units at $60.40 4,228

Mar. 25 Purchases 120 units at $62.40 7,488

Mar. 29 Sales 100 units at $95.40 9,540

Total units available for sale = 470

Total Sales = 330 units

Compute the cost assigned to ending inventory using (a) FIFO, (b) LIFO, (c) weighted average, and (d) specific identification.  

For specific identification, the March 9 sale consisted of 50 units from beginning inventory and 180 units from the March 5 purchase; the March 29 sale consisted of 30 units from the March 18 purchase and 70 units from the March 25 purchase.

Answer:

Warnerwoods Company

Cost Assignment           Ending Inventory       Cost of Goods Sold

(a) specific identification:          $8,206                  $18,672

(b) weighted average                   8,414                   18,464.50

(c) FIFO                                        8,696                   18,182

(d) LIFO                                        8,080                   18,798

Explanation:

a) Data and Calculations:

Date    Activities              Units Acquired at Cost           Total Cost / Sales

Mar. 1 Beginning inventory   70 units at$50.40               $3,528  

Mar. 5 Purchase                  210 units at $55.40                11,634

Mar. 9 Sales                        230 units at $85.40                             $19,642

Mar.18 Purchases                  70 units at $60.40               4,228

Mar. 25 Purchases              120 units at $62.40                7,488

Mar. 29 Sales                      100 units at $95.40                             $9,540

Total units available for sale = 470                                $26,878  

Total Sales = 330 (230 + 100) units                                               $29,182

Ending Inventory = 140 (470 - 330) units

1. For specific identification, Cost of goods sold:

March 9 sale 50 units from beginning inventory at $50.40 = $2,520

and 180 units from the March 5 purchase at $55.40 = 9,972

March 29 sale 30 units from the March 18 purchase at $60.40 = 1,812  

and 70 units from the March 25 purchase at $62.40 = 4,368

Total for cost of goods sold under specific identification = $18,672

Ending Inventory = Cost of goods available for sale minus Cost of goods sold

= $8,206 ($26,878 - $18,672)

Weighted Average:

Cost of goods Sold

March 9 sales of 230 units at $54.15 ($3,528+11,634)/280 =   $12,454.50

March 29 sales of 100 units at $60.10 $2,707.50+4,228+7,488) 6,010.00

Total cost of goods sold = $18,464.50

Ending Inventory = 140 units at $60.10 = $8,414

Workings:

Balance of inventory of 50 units at $54.15  2,707.50

Purchases                      70 units at $60.40    4,228

Purchases                    120 units at $62.40    7,488

Total                            240 units                 $14,423.50/240 = $60.10

FIFO:

Cost of Goods Sold

March 9 sales of 230 units (70*$50.40 + 160*$55.40) =   $12,392

March 29 sales of 100 units (50*$55.40 + 50*$60.40) =      5,790

Total cost of goods sold = $18,182

Ending Inventory:

Cost of goods available for sale minus Cost of goods sold

= $8,696 ($26,878 - 18,182)

LIFO:

Cost of Goods Sold

March 9 sales of 230 units (20*$50.40 + 210*$55.40) =   $12,558

March 29 sales of 100 units (100*$62.40) =                           6,240

Total cost of goods sold = $18,798

Ending Inventory

Cost of goods available for sale minus Cost of goods sold

= $8,080 ($26,878 - 18,798)

Answer:

a. Deadweight loss

b. $135

Explanation:

The deadweight loss is a situation when the demand and the supply is not within the equilibrium. It could be applied at the time when there is a deficiency that results in non-efficient resource allocation

So as per the given situation, the deadweight loss is the answer

And, the amount would be

= Purchase value - worth value

= $235 - $100

= $13

Answer: Debit: Litigation expense $300,000

Credit: Litigation liability $300,000

Explanation:

Loss contingency is typically a charge to expense for a future occurence in this case, a lawsuit. A loss contingency simply makes the economic entity to be aware at an early stage of the loss and its likely financial implication.

The entries that Buchanan should record to recognize this loss contingency will be to:

Debit: Litigation expense $300,000

Credit: Litigation liability $300,000

Answer:

$13,920

Explanation:

Calculation to Determine the machines' second year depreciation under the double-declining-balance method

First step is to calculate the depreciation rate

Using this formula

Depreciation rate = 100% / Useful life *2

Let plug in the formula

Depreciation rate == (100%/5years) * 2

Depreciation rate =40%

Second Step

Year 1 =$87,000 *40% *2

Year 1= $69,600

Third step is to Determine the machines' second year depreciation under the double-declining-balance method

Year 2 Depreciation = ($87,000 - $69,600) *40% *2

Year 2 Depreciation= $13,920

Therefore the machines' second year depreciation under the double-declining-balance method will be $13,920

Answer: Moving down along the PPF will produce more goods but less quality

Explanation:

On the production possibilities frontier, every choice along involves a trade-off, moving down along the PPF, production of capital goods is more but this will result in less quality for to consumers goods, when analysed with the opportunity cost, it is realized that the value of customer good o gone

have to produce less quantity of consumer goods. The opportunity cost of a capital good is the value of consumer good forgone.

Answer:

b. increase

Explanation:

These changes have caused competition to greatly increase. This is mainly because with these changes anyone from around the world can provide the same services/products that a local retail business can provide while reaching customers from all over the world. Therefore, also competing with any retail brick-and-mortar business from any part of the world. Customers can easily communicate with these online businesses and purchase their products/services from the comfort of their homes and usually at a much better price.

Answer:

a. $13,350

Explanation:

Using straight-line method of depreciation the depreciable value of an assets is expensed over the useful life of the asset equally each year.

Use following formula to calculate the depreciable value

Depreciable value = Cost of asset  - Salvage value

Placing values in the formula

Depreciable value = $58,000 - $4,600

Depreciable value = $53,400

Now use following formula to calculate the depreciation value of each year

Depreciation expense = Depreciable value of the asset / Useful life of the asset

Placing values in the formula

Depreciation expense = $53,400 / 4 years

Depreciation expense = $13,350

Answer:

Net income is reduced by 2,000 and the net value of receivables on balance sheet reduced by 2,000

Explanation:

Since it is given that there is $8,000 in account receivable out of which $2,000 would be estimated and recorded as a bad debt

So here the bad debt expense is recorded that means the expenses are increased that ultimately reduced the net income also at the same time the amount of receivable would also decreased by $2,000

Therefore the same is to be considered

Answer:

8.10%

Explanation:

The required rate of return (yield) on the preferred stock = Dividend / Price

= $12.80 / $158  = 0.0810126582278481 = 8.10%

Answer: $160,000

Explanation:

First calculate the Depletion rate per ton which is;

= ( Cost - residual value) / Capacity in tons

= (960,000 - 0) / 240,000

= $4 per ton

In first year, 40,000 tons were used. Amount of depletion is therefore;

= 40,000 * 4

= $160,000

The amount of depletion for the first year did by the company in purchasing the mineral assets were as below :

And will do Cost less the residual value and divide by capacity :

= 960000 - 0 / 240000

= $4 per ton.

In the first year the company acquired 40,000 extract .

= 40,000 x 4

= $160,000 amount of depletion happens in the first year .

For more information on depletion , please refer the below link :

https://brainly.com/question/11318086

Answer:

Working capital management

Explanation:

Working capital management refers to managing the working capital

Here working capital means

Working capital = Current assets - current liabilities

It is used for managing for the short term

The current asset involved cash, account receivable, stock etc

The current liabilities is an account payable, etc

Therefore according to the given situation, the working capital management is the answer

Also it improves the funds flow

Answer:

The price of the bond is $1,195.62

Explanation:

Current yield is the ratio of coupon payment of a bond to its current market price.  It is calculated by using coupon payment and the current market value of the bond.

Using following formula of current yield we can calculate the price of the bond

Current Yield = Annual Coupon Payment / Current Market Price

Where

Coupon Payment = $1,000 x 9.29% = $92.9

Current Yield = 7.77%

Placing values in te formula

7.77% = $92.9 / Market value of the bond

Market value of bond = $92.90 / 7.77%

Market value of bond = $1,195.62

Answer:

Total cost= $710,000

Explanation:

Giving the following information:

15,00 units:

Fixed costs= $350,000

Total variable cost= $450,000

First, we need to calculate the unitary variable cost:

Unitary variable cost= 450,000 / 15,000

Unitary variable cost= $30

Now, the total cost for 12,000 units:

Total cost= 350,000 + 30*12,000

Total cost= $710,000

Answer:

C. Quantitative.

Explanation:

Here in the question it is mentioned that the research type which is used at the time when the data is gathered from structured survey that response and are in the numerical so here the numerical means the data which can be count and we called as a quantitative

Therefore the option C is correct

hence, the same is to be considered

Answer: B. products with the highest contribution margin per unit of the constrained process.

Explanation:

When operating in a constrained environment, the products that should be produced are the products with the highest contribution margin per unit of the constrained process.

This is essential for the company to maximize its total contribution margin. This in turn will help the company in realizing revenue and also maximizing profit.

Answer: 1.15

Explanation:

Premium = 39%

Thor's share price = $42

The compensation to shareholders will be:

= $42 + ($42 × 0.39)

= $42 + $16.38

= $58.38

Loki's share price = $51

We then calculate the exchange ratio which will be:

= $58.38 / $51

= 1.15

Loki will need to offer an exchange rate of 1.15.

Answer:

b) decline

Explanation:

If people's trust in the banking system is reduced due to a surge in bank failures, the money expansion resulting from a new deposit will decline. This happens because people lost trust and hastily withdrawn their money deposited with the bank.

Answer:

Option B: Societal

Explanation:

Societal Marketing was coined from the marketing concept. Marketers and consumers are collecting stocks of what is good for themselves, their family, their country, and the planet.

It involves means by which marketing looks for ways amd means to provide products and services to help consumers reach their goals and Target while also making profitable decisions for their companies.

It is useful to consumers' long-run best interest and help promoting good corporate citizenship.

Answer:

e. The partner with a deficlt balance contributes personal assets only If those personal assets exceed personal lablties.

Explanation:

The Uniform Partnership Act is a provision that resolves conflicts in a partnership that is not addressed in the partnership agreement.

The Act is used mostly with small and informal partnerships.

It has been adopted in all states except Louisiana.

Partners must settle their debts in order to redeem their interest in the partnership.

UPA provides that partner with deficit contributes personal assets only If those personal assets exceed personal liabilities.

Answer:

Importance : Opportunity cost is lost Contribution

Effect : Opportunity cost increases the variable costs of the decision that has been chosen

Explanation:

Opportunity Cost is a lost contribution. Contribution is calculated as Sales less Variable Costs.

Considering opportunity costs is very relevant to a firm because it constitutes part of the money lost that cold have been earned when another alternative course of action is chosen over another. The opportunity cost would have been the revenue for the disregarded option.

So opportunity cost increases the variable costs of the decision that has been chosen.

Answer:

Following are the solution to this question:

Explanation:

Overhead variable rate

[tex]=1700000-(336000 \times 1.30)= 1263200[/tex]

Performance Variance variable overhead

[tex]=1.3\times (336000-1000000 \times 0.3) = 46800[/tex]

Overhead variable spending[tex]=1700000-(1000000\times 0.39) =1310000[/tex]

Answer:

C. A debit to land for $240,000.

Explanation:

As it is mentioned that the value of the land has the appraised value of $240,000 also at the same time the common stock value could not be predicted

Therefore the land should be recorded at the current appraisal value i.e $240,000

Thus, the correct option is c. a debit to land for $240,000

The same is to be considered

Answer:

the project's IRR is b. 13.21%

Explanation:

The Internal Rate of Return (IRR) of a Project is interest rate that causes the the Present Values of the Project Cashflows to equal the price of the Initial Investment.

This can be calculated using a financial calculator as follows ;

-$1000         CFj

$425           CFj

$425           CFj

$425           CFj

Then Shift IRR/YR we get 13.2054 % that is 13.21%.

Answer:

that is my answer

Explanation:

i choose A Flase

Answer:

When the United States goes into recession - China's aggregate demand suffers greatly, meaning that it is reduced. This is because China is an important exporter of goods to the United States, so the exports element of Aggregate Demand will fall, bringing down Aggregate Demand as a whole.

When Japanese and European firms establish new plants in​ China - Chinese aggregate demand increases because more private investment from abroad arrives in the country, not only benefiting the Japanese owners, but also Chinese workers in the form of wages, Chinese companies in the form of more domestic consumption, and the Chinese government in the form of more tax revenue.

when the Chinese yuan strengthens against the U.S.​ dollar? - Aggregate demand will probably fall because a stronger yuan will decrease Chinese exprots, and increase American imports to China, and imports are not part of the Aggregate Demand calculation.

Answer:

Make to order (MTO)

Explanation:

A Make to order (MTO) can be defined as a manufacturing technique which typically involves the production of goods only when an order has been placed by a customer. Thus, no product would be manufactured under this production technique or approach until a confirm order is received.

In the Make to order (MTO) manufacturing environment, order acceptance occurs before the production lead time.

Answer: D. All of the above.

Explanation:

Answer:

its d

Explanation:

hope this helps