Why do we need an organizational structure?

Structure will give employees more clarity, help manage expectations, enable better decision-making and provide consistency.

The estimated factory overhead cost for a Co. is $1750000 for the year. Direct labor hours are estimated to be 500000. Determine: SHOW ALL WORK a. Predetermined factory overhead rate. $ b. Determine the factory overhead applied assume the actual direct labor hours for Job 50 was. 20000 and for J0b 51 was 24000 . c. Determine the balance in the factory overhead account assuming that the actual cost incurred was $153000. d. Over or under-applied

Genent Company manufactures tires. Some of the company's data was misplaced. Use the following information to replace the lost data:

Actual Results Flexible Budget Variances Flexible Budget Saiesminus-Volume Variances Static Budget
Units sold 495,000 495,000 453,750
Revenues $185,150 $4,400 F (A) $6,160 U (B)
Variable costs (C) $880 U $69,780 $10,300 F $88,080
Fixed costs $36,430 $3,770 F $40,200 0 $40,200
Operating income $78,060 (D) $70,770 (E) $66,630

Required:
What is the total sales-volume variance (E)?
a. $4,140 favorable
b. $14,960 favorable
c. $14,960 unfavorable
d. $7,290 unfavorable

Carroll Corporation has two products, Q and P. During June, the company's net operating income was $26,500, and the common fixed expenses were $57,000. The contribution margin ratio for Product Q was 40%, its sales were $142,000, and its segment margin was $49,000. If the contribution margin for Product P was $47,000, the segment margin for Product P was:_______.

1. Deirdre has one hour this afternoon in which she can either practice the piano for the upcoming school concert, work at
the library for $7 per hour, or babysit her neighbor's son for $10 per hour. Deirdre chooses to practice the piano, but
if she hadn't chosen to practice the piano, she would have chosen to babysit over working at the library. What is the
opportunity cost of Deirdre's decisions
A. The value gained from practicing the piano for an hour.
B. The value of babysitting her neighbor's son for an hour.
C. The value of working at the library for an hour.
D. The value of babysitting her neighbor's son and working at the library for an hour.

While digital marketing has generated exciting opportunities for companies to interact with their customers, digital media are also more consumer-driven than traditional media. Internet users are creating and reading consumer-generated content as never before and having a profound effect on marketing in the process. Two factors have sparked the rise of consumer-generated information. The first is the increased tendency of consumers to publish their own thoughts, opinions, and reviews. The second is product discussions through blogs or digital media and consumers' tendencies to trust other consumers over corporations. Consumers often rely on the recommendations of family, friends, and fellow consumers when making purchasing decisions. Marketers who know where online users are likely to express their thoughts and opinions can use these forums to interact with consumers, address problems, and promote their companies. Types of digital media in which Internet users are likely to participate include blogs, wikis, video sharing sites, podcasts, social networking sites, virtual reality sites, and mobile applications.

Match the correct website to the correct type of digital media.

a. Blogs
b. Video Sharing
c. Virtual Worlds
d. Social Networking
e. Wikis
f. Photo Sharing
g. Podcasting

The accounts in the ledger of Monroe Entertainment Co. are listed below. All accounts have normal balances. Accounts Payable $484 Fees Earned $2,517 Accounts Receivable 877 Insurance Expense 697 Prepaid Insurance 1,703 Land 2,905 Cash 2,011 Wages Expense 782 Dividends 521 Common Stock 6,495 Prepare a trial balance. The total of the debits is:_______.
a. $1,479
b. $6,495
c. $7,496
d. $9,496

A university schedules summer school courses based on anticipated enrollment. The cost for faculty compensation, laboratories, student services, and allocated overhead for a computer class is $8500. If students pay $420 to enroll in the course, how large would enrollment have to be for the university to break even

Perpetual Life Corp. has issued consol bonds with coupon payments of $50. (Consols pay interest forever and never mature. They are perpetuities.)a. If the required rate of return on these bonds at the time they were issued was 5.0%, at what price were they sold to the public

Companies must disclose when they give products to online reviewers. rue or false

Which process plays an important role in advanced manufacturing processes?​

Using a value at risk (VaR) model based on historical data to forecast future expected losses works well:_______
a. all the time.
b. during times of normal market conditions.
c. during times of increased market volatility.

A municipal bond carries a coupon rate of 6.50% and is trading at par. What would be the equivalent taxable yield of this bond to a taxpayer in a 40% combined tax bracket? (Round your answer to 2 decimal places.)

Matthewo wns an insurance policy (face amount of $1,630,000) on the life of Emily with Uma listed as the designated beneficiary. Of Emily dies first and the $1,630,000 is paid to Uma, how much is included in the following gross estates?

a. Matthew's gross estate?
b. Emily's gross estate?

You must complete parts 1, 2, 3, 4, 6, 7 and 8 before attempting to complete part 9. Part 5 is optional.
Journalize the closing entries. Then post the journal to the general ledger you created in part 1. Indicate closed accounts by inserting a line in both the balance columns opposite the closing entry. Insert the new balance in the owner's capital account.
If an amount box does not require an entry, leave it blank.

On April 30, 2009, Tilton Products purchased machinery for $88,000. The useful life of this machinery is estimated at 8 years, with an $8,000 residual value. Refer to the information above. Assume that in its financial statements, Tilton Products uses the 200%-declining-balance method and the half-year convention. Depreciation expense in 2009 and 2010 will be: Group of answer choices

On the first day of the fiscal year, Hawthorne Company obtained an $88,000, 7-year, 5% installment note from Sea Side Bank. The note requires annual payments of $15,208, with the first payment occurring on the last day of the fiscal year. The first payment consists of interest of $4,400 and principal repayment of $10,808. The journal entry Hawthorne would record to make the first annual payment due on the note would include a Group of answer choices debit to cash for $15,208 credit to notes payable for $10,808 debit to interest expense for $4,400 debit to notes payable for $15,208

g Suppose that an employer requires 4 years of education as a precondition for the high-productivity wage. The existence of a separating equilibrium will depend on the cost of education for high-productivity types. In this case, a separating equilibrium will exist if the cost of education for high-productivity types is less than X dollars per year. What is X

write short notes on united nations with its diffrent functions​

Tyra loves to shop at her favorite​ store, Dollar​ Barrel, where she can find hundreds of items priced at exactly​ $1. Tyra has to spend and is thinking of going on a shopping spree at Dollar​ Barrel, but she is also thinking of investing her money.
a. Suppose the expected rate of inflation is ​% ​(so next​ year, everything at Dollar Barrel will cost​ $1.01) and Tyra can earn on money that she invests. Approximately what real rate of interest could Tyra earn if she invests her​ money? How many items can she buy at Dollar Barrel​ today, and how many can she buy a year from now if she invests her money and goes shopping​ later? What is the percentage increase in​ Tyra's purchasing power if she waits a year to go​ shopping? Compare your answer to the approximate real interest rate on​ Tyra's investment.
b. Now suppose that the expected inflation rate is ​% and Tyra can earn ​% on money that she invests over the year. What is the approximate real rate of interest that Tyra will​ earn? Calculate the number of items that Tyra could buy next year from Dollar Barrel if she invests her​ money? What is the percentage increase in her purchasing power if she waits a year to go​ shopping? Relate your answer back to​ Tyra's real rate of return.

Danielle has loaned $500 to Richard at a 4% annual rate of interest for one year. If the inflation rate is constant at 7% for the entire term of the loan, how much purchasing power is lost after Richard repays the loan in full

A researcher wants to test the order of integration of some time series data. He decides to use the DF test. He estimates a regression of the form
delta yt = mu + si yt-1 + mut
and obtains the estimate ˆ? = -0.02 with standard error = 0.31.
(a) What are the null and alternative hypotheses for this test?
(b) Given the data, and a critical value of -2.88, perform the test.
(c) What is the conclusion from this test and what should be the next step?
(d) Why is it not valid to compare the estimated test statistic with the corresponding critical value from a t-distribution, even though the test statistic takes the form of the usual t-ratio?

Stacy accidentally added a new transaction to her bank register via the bank feed that should have been matched to an existing transaction. Where in the Banking Center should she go to find the transaction and correct the error?

a. Gear icon
b. Filter
c. For Review
d. Categorized

What is the catch‑up effect concerning developed and developing countries? Developing countries never can catch up to developed countries. may grow faster than developed countries because they lack the most basic tools and capital investment leads to higher productivity growth. have greater productivity per unit of capital because they are better at developing new technologies. Developing countries have lower productivity per unit of capital because they are better at developing new technology.

Carter Containers sold marketable securities, land, and common stock for $37.0 million, $13.0 million, and $35.0 million, respectively. Carter also purchased treasury stock, equipment, and a patent for $23.0 million, $23.0 million, and $10.2 million, respectively.
What amount should Carter report as net cash from investing activities? (Amounts to be deducted should be indicated with a minus sign. Enter your answers in millions rounded to 1 decimal place (i.e., 5,500,000 should be entered as 5.5).)

You want to borrow $85,000 from your local bank to buy a new sailboat. You can afford to make monthly payments of $1,450, but no more. Assuming monthly compounding, what is the highest rate you can afford on a 72-month APR loan? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Which of the following statements concerning product costs versus general, selling, and administrative costs is false?

a. Product costs incused during the period will initially appear as inventory on the balance sheet.
b. General, selling, and administrative costs are always expensed when paid.
c. Product costs may be divided between the balance sheet and income statement.
d. General, selling, and administrative costs never appear as inventory on the balance sheet.

Porter Corporation has fixed costs of $660,000, variable costs of $24 per unit, and a contribution
margin ratio of 40 percent.
Compute the following:
a. Unit sales price and unit contribution margin for the above product.
b. The sales volume in units required for Porter Corporation to earn an operating income of
$300,000.
c. The dollar sales volume required for Porter Corporation to earn an operating income of
$300,000

1. Given the following demand and supply functions Qd = 500 - 3P Qs = 100 + 5P Calculate; i. The equilibrium price and the equilibrium quantity ii. The consumer surplus iii. The producer surplus)R​

5) name 5 reasonable possibilities to earn money online.​

Fran’s Fries has budgeted sales for May, June and July at $500,000, $680,000 and $720,000, respectively. Sales are 80% cash and 20% on account. Assume sales on account are collected in the month following the sale. Compute cash receipts for June and July. Show your work here.