Business

Help me please.. there is no option on here for Human Resources principals, so I jus clicked business as the subject..
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Suppose the working age population of a fictional economy, Jessica Town, falls into the following categories: 100 are retired homemakers; 50 have full-time employment; 15 have part-time employment; 28 do not have employment but are actively looking for employment; and 16 would like employment but do not have employment and are not actively looking for employment. The official unemployment rate as calculated by the U.S. Bureau of Labor would equal:_________
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1.The IASB sets standards for: a. The private sectorb. The public and private sectors c.The public, private and not-for-profit sectord. The private and not-for-profit sector
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Mid City Products Inc. (MCP), developed standard costs for direct material and direct labor. In 2017, MCP estimated the following standard costs for one of their most popular products. Budgeted quantity Budgeted price Direct materials 4 pounds $7.25 per pound Direct labor 0.60 hours $17.00 per hourDuring September, MCP produced and sold 2,000 units using 8,200 pounds of direct materials at an average cost per pound of $7.00 and 1,160 direct labor hours at an average wage of $17.50 per hour. The direct labor efficiency variance during September is ________. $600 favorable $700 unfavorable $680 favorable $100 unfavorable
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1) Record the following transactions in the General Fund General Ledger of Benford Township using the consumption method (periodic inventory system) to account for materials, supplies, and prepayments. Record both the budget-ary and actual entries. 2) Compute the amount of expenditures to be reported in the school district General Fund statement of revenues, expenditures, and changes in fund balance. 3) Compute the amount of nonspendable fund balance to be reported at year end. Materials and supplies costing $90,000 were on hand at the beginning of the year. 1. The town ordered the following: Estimated Cost Garbage vehicles4 . . . . . . . . . . . . . . . . . . . . . . . $225,000 Supplies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 312,000 2. The town received the garbage vehicles. The actual cost of $222,000 was vouchered for payment. 3. The town received most of the supplies ordered (estimated cost $302,000). The actual cost was $301,800. 4. The town paid $523,800 of vouchers payable. 5. At yearend, the town had supplies on hand costing $102,000.
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Epsilon Co. can produce a unit of product for the following costs: Direct material $ 8 Direct labor 24 Overhead 40 Total costs per unit $72 An outside supplier offers to provide Epsilon with all the units it needs at $60 per unit. If Epsilon buys from the supplier, the company will still incur 40% of its overhead (this means that no matter what Epsilon does, 40% of the overhead costs will remain). Epsilon should choose to:
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Suppose the elasticity of demand for tickets to Broadway shows is 2.0 for men and 0.3 for women. To use price discrimination to increase profits, the producers should charge lower prices to _____ because their demand is more _____. men; inelastic than that of women women; inelastic than that of men women; elastic than that of men men; elastic than that of women
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Assume that a competitive economy can be described by a constant returns to scale (Cobb Douglas) production function and all factors of production are fully employed. Holding other factors constant, including the quantity of capital and technology, explain how a one-time, 10-percent increase in the quantity of labor (perhaps the result of a special immigration policy) will change each of the following: the real rental price of capital;
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Bradford, Inc., expects to sell 11,000 ceramic vases for $21 each. Direct materials costs are $3, direct manufacturing labor is $11, and manufacturing overhead is $5 per vase. The following inventory levels apply to 2019: Beginning inventory Ending inventory Direct materials 1,000 units 1,000 units Work-in-process inventory 0 units 0 units Finished goods inventory 100 units 600 units On the 2019 budgeted income statement, what amount will be reported for sales
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Marcelino Co.'s March 31 inventory of raw materials is $84,000. Raw materials purchases in April are $580,000, and factory payroll cost in April is $387,000. Overhead costs incurred in April are: indirect materials, $59,000; indirect labor, $28,000; factory rent, $32,000; factory utilities, $20,000; and factory equipment depreciation, $52,000. The predetermined overhead rate is 50% of direct labor cost. Job 306 is sold for $680,000 cash in April. Costs of the three jobs worked on in April follow: Job 306 Job 307 Job 308 Balances on March 31 Direct materials $30,000 $41,000 Direct labor 23,000 16,000 Applied overhead 11,500 8,000 Costs during April Direct materials 139,000 200,000 $115,000 Direct labor 103,000 150,000 104,000 Applied overhead ? ? ? Status on April 30 Finished (sold) Finished (unsold) In process Required:a. Determine the total of each production cost incurred for April (direct labor, direct materials, and applied overhead), and the total cost assigned to each job (including the balances from March 31).b. Prepare journal entries for the month of April to record the above transactions.c. Prepare a schedule of cost of goods manufactured.d. Compute gross profit for April
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Kampus Corporation had the following eight investment transactions or events: Jan 1 Purchased Argon Co. bonds for $10,000 cash. (Purchase is considered a short-term investment in available-for-sale (AFS) debt securities.) Jan 3 Purchased 1,200 shares of Elmer, Inc. for $36,000 cash. (Purchase is considered a long-term stock investment with insignificant influence.) Mar 31 Received cash dividend of $0.25 per share from Elmer, Inc. Jun 1 Purchased 5,000 shares of Logan, Inc. for $60 per share. These shares represent a 40% ownership in Logan, Inc. Sep 30 Received cash dividend of $2 per share from Logan, Inc. Dec 31 Logan, Inc. reported net income of $150,000 for the year. Dec 31 As of December 31, the Argon Co. bond had a fair (market) value of $12,000. Dec 31 As of December 31, the Elmer, Inc. stock had a fair (market) value of $25 per share.Required: Prepare the journal entries Kampus Corporation should record for these transactions and events.
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The goal of the accounts receivable methods is to adjust the Allowance for Doubtful Accounts balance so that multiple choice The unadjusted balance is equal to the estimate of the uncollectible accounts receivable. The adjusted balance is equal to the estimate of the uncollectible accounts receivable. The adjusted balance is equal to the estimate of the uncollectible sales. The unadjusted balance is equal to the ending accounts receivable balance.
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QUESTION 8 of 10: You buy a lathe for $20,000. Its useful life is 10 years. Each week, over 10 years, you recognize an equal portion of its cost. This is called depreciation. What is your weekly depreciation for the lathe?
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How do you construct a General Journal.
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A manager of a nursing home wants to be sure not to employ any immigrants who aren't authorized to work in the United States. The manager proposes that the company consider only job applicants who are obviously citizens. What is the legal problem with this idea? A. It is a violation of the WARN Act, which protects against discrimination B. It violates the principle of employment at will. C. It eliminates the need for requiring the Form I-9 verification process. D. It may lead to discrimination on the basis of race and national origin
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Complete a departmental expense allocation spreadsheet for Marathon Running Shop. The spreadsheet should assign (1) direct expenses to each of the four departments, (2) the $64,000 of utilities expense to the four departments on the basis of floor space occupied, (3) the advertising departments expenses to the two operating departments on the basis of the number of ads placed that promoted a departments products, and (4) the administrative departments expenses to the two operating departments based on the amount of sales.
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What exactly allows individuals to consume more if they specialize and trade than if they don't
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Many new ventures focusing on craft beer have been launched. If the goal is to make a profit, perhaps it would have been a better choice to forget making the beer and instead focus on the hops market. There is competition for the available supply of hops, and this is especially true of the organic varieties. Cassidy Brewery uses standards to carefully track their costs. For their Hopalong label their standard for hops is 20 pounds per barrel and their standard rate is $13.00 per pound. In the past period they produced 40 barrels of their Hopalong beer using 830 pounds of hops. The hops had a cost of $15.00 per pound. Compute the total rate variance and the total efficiency variance for the past month. Also, for each variance, indicate whether the variance is favorable or unfavorable.
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Suppose Jon is Kayla's boss. Thus, in this relationship, Kayla is the agent. In the course of her employment, Jon gives Kayla unlawful instructions to commit tax fraud for the company's finances. In this situation, _______________________. multiple choice the agent is required to follow the instruction due to the duty of obedience the agent is required to notify the EPA about the principal the agent is required to follow this instruction due to the duty of accounting the agent is not required to follow this instruction the agent is required to follow the instruction due to the duty of loyalty
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You are attending a training session on the principles that will help you do a better job of managing a new company-wide diversity program.. You are going through an exercise in which you are given two statements and asked to pick the one that effectively illustrates one of these principles. Here is one set of statements: Statement 1 Remember to keep looking for the ideal candidate for a position. Settling for an applicant that lacks all the skills necessary to perform a job, but adds to the diversity of your workforce, is not ideal. Statement 2You will be better able to increase the diversity of your workforce if you interview candidates with entry-level experience even though it might be ideal to hire someone with years of experience. You should choose statement _________as the more appropriate strategy for managing diversity, since it is an example of_________. You were unable td Statement 1 e training, but your coworker has offered to fill you in on the details that you missed. Identify which of the following statements your coworer to indicate as diversity principles discussed during your absence.a. Surface-level diversity should not be treated as more important than deep-level diversity b. Do not lower hiring standards to promote diversity in the workplace c. Keep trying to accomplish as much as possible, even if implementing the diversity program becomes difficult.
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coDuring which stage of a product life cycle do you only need to inform customers about your product?During thestage of your product life cycle, you only need to inform customers about your product
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each time mayberry nursery hires a new employee, it must wait for some period of time before the employee can meet production standard. Management is unsure of the learning curve in its operations but it knows the first job by a new employees averages 40 hours and the second job averages 32 hours. assume all jobs to be equal in size. what is the learning curve percentage, assuming the incremental unit time learning model
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Full-time students at a particular university must have at least 12 credit hours, but may take up to 18 credit hours in a semester. A student is currently signed up for 15 credit hours. In deciding whether to add one more course to a fall semester schedule, which of the following is a marginal cost or benefit that will influence the student's decision?Please choose the correct answer from the following choices, and then select the submit answer button.a. the total number of semesters it will take to finish the degree if the student takes an additional class in each semesterb. the wages the student misses out on because the student has to quit a job to take any classes at allc. the tuition bill for the semesterd. the additional technology fee that is paid per credit hour
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What do we call the principle that costs of production will increase by the inefficient reallocation of specialized resources for the production of additional goods for which there sources are not well suited?A the law of natural economicsB the law of market regulation C the law of macro-economic control D the law of increasing opportunity costs
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