When there is an unexpected change in the cost of raw materials, this would most probably affect the materials price variance.
What happens when there is a change in raw material pricing?The materials price variance involves both the budgeted cost of raw materials and the actual cost.
If there is a change in material cost therefore, the material price variance will have to change as well.
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Question Number 3) Toyota sources parts from suppliers globally, ships them to manufacturing plants all over the world for vehicle assembly, and sells the finished new automobiles to end consumers through an international network of franchised and company-owned dealerships. The process by which the company manages upstream and downstream value-added flows of materials, final goods, and related information is known as __________
The process by which the company manages upstream and downstream value-added flows of materials and related information is known as supply chain management.
What is supply chain management?Supply chain management can be defined as the movement of products or goods and service from one location to another location.
Supply chain management is important as it makes it easy for companies to moves their raw materials as well to distribute their finished goods to end users or final consumer.
Inconclusion the process by which the company manages upstream and downstream value-added flows of materials is known as supply chain management.
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A decision-making process that managers use to determine how to invest the company’s funds in major capital assets, such as new facilities, equipment, and research and development projects is called:.
A decision-making process that managers use for determining how to invest the company's funds is known as Capital budgeting decisions.
What do you mean by Capital Assets?Capital assets include all the research and development projects for capital budgeting purposes.
Capital budgeting decisions include acquiring a new facility for increasing capacity, choosing to buy or lease new equipment, deciding to replace old equipment for reducing costs, and determining which equipment to purchase among the available alternatives.
Therefore, Capital budgeting means planning for capital assets.
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You’re a pricing analyst for a manufacturing firm. You are tasked with predicting how average prices will change over the next quarter to help your manager decide how to change her prices. How might you find the best estimate of the likely inflation rate? For the best estimate, look to the financial markets. Rely on the forecast of an eminent economist. Obtain the average forecast of many economists. Analyze surveys of people's inflation expectations
Answer: analyze surveys of peoples inflation expectations, look to the financial markets, obtain the average forecast of many economists
Explanation:
To find the best estimate of the likely inflation rate look to the financial markets and Obtain the average forecast of many economists.
What is inflation?
Inflation is referred to as an increase in the prices of products to increase in the prices of raw materials and manufacturing processes as well as a shortage of the products which results in higher demands.
When the rate of inflation is high, there will be less demand for products and services because high-interest rates will prevent customers from spending money, which also has an impact on the overall economy of the nation. High inflation will reduce an individual's purchasing power.
To estimate the rate of inflation it is crucial to look at the financial market and the rise and fluctuations it is facing. Apart from this, data given by economists is also utilized for better understanding as they predict based on research.
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The amount of money in nadia’s savings account at the end of n years is represented by the recursive formula mc010-1. Jpg. If mc010-2. Jpg, what is the balance in nadia’s account at the end of each of the first two years?.
Answer:
The Answer is A) $25.36, $75.99.
Explanation:
I got it right.
Managers from multiple functions can come together as part of a _______ to solve a specific corporatewide problem.
Managers from multiple functions can come together as part of a task force to solve a specific corporatewide problem.
Who is a manager?It should be noted that a manager simply means an individual in and organization that controls and guides the team to achieve the goals of the organization.
In this case, managers from multiple functions can come together as part of a task force to solve a specific corporatewide problem
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When operating cash flows are calculated using the indirect method, if accounts receivable balance decreased, then the change is ______ during the period.
When operating cash flows are calculated using the indirect method, the change is added to net income.
What is operating cash flow?It should be noted that the operating cash flow is the money that's required in a business to run expenses.
When operating cash flows are calculated using the indirect method, if accounts receivable balance decreased, then the change is added to net income because more cash was collected that revenue generated.
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When using the indirect method to prepare the operating activities section of the statement of cash flows, the first amount listed is:.
When using the indirect method to prepare the operating activities section of the statement of cash flows, the first amount listed is: Net income.
What is operating activities?Operating activities has to do with the day to day activities involve in the running of a business.
When preparing the operating activities section of the statement of cash flows using indirect method the first step is to take the net income from the company or organization income statement.
Inconclusion the first amount listed is: Net income.
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The added value a brand name gives to a product beyond the functional benefits provided is referred to a
The added value a brand name gives to a product beyond the functional benefits provided is referred to a brand equity.
What is brand equity?Brand equity is when the brand name of a particular product increases its value beyond the functional benefits of the product. For example, if a product is associated as a luxury product associated with celebrtities, if people value it more as a result, this is an example of brand equity.
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What would be the effect if the UDHR and its 30 human rights were broadly known and
enforced?
this is economics/international affairs btw
The effects of enforcing the UDHR and its 30 human rights include:
Reduced repressions and oppressionsEnjoyment of human rightsElimination of injustices.What is the UDHR?The UDHR stands for the Universal Declaration of Human Rights.
The UDHR rights include:
Civil and political rights (the right to life, liberty, free speech, and privacy)Economic, social, and cultural rights (social security, health, and education).Religious freedom (freedom of conscience).The UDHR confers universal jurisdiction on countries to try violators of universal human rights.
Thus, with UDHR, individuals have regained human dignity and the right to humane and fair trials.
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Price ceilings are intended to address the problem of:.
Answer:
An attempt to keep prices low/from reaching equilibrium
Explanation:
A price ceiling does as the name suggests, sets a max price for a product. It is done in order to keep prices low. Effective price ceiling's will cause a shortage, as it prevents equilibrium.
1.
Read the scenario. Then, choose the best answer.
Kenny is a college student working a part-time job as a mechanic at a local body shop.
Kenny earns an average of $25 per hour, working 20 hours per week. Kenny pays his own
health insurance of $2,200 per year and taxes of $1,000 per year.
What is his net monthly pay rounded to the nearest dollar?
Choices:
$1,733
$1,900
$2,000
$1,833
Answer:
I have to do in the ruff and give you the answer
According to experts, hiring discrimination against _____ has not declined over the past 25 years while workplace discrimination against other racial minority groups has declined.
According to experts, hiring discrimination against black has not declined over the past 25 years while workplace discrimination against other racial minority groups has declined.
What is discrimination?Discrimination occurs when an individual is not treated fairly.
It can occur in a work place or among group of people such that some benefits and privileges are enjoyed by some people. This could be because of preference for one individual than the other.
Therefore, According to experts, hiring discrimination against black has not declined over the past 25 years while workplace discrimination against other racial minority groups has declined.
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The return on the Rush Corporation in the state of recession is estimated to be -22% and the return on Rush in the state of boom is estimated to be 31%. The return on the Oberman Corporation in the state of recession is estimated to be 42% and the return on Oberman in the state of boom is estimated to be -15%. Given this information, what is the covariance between Rush and Oberman if there is a 0. 60 probability that the economy will be in the state of boom and an 0. 40 probability that the economy will be in the state of recession. Place your answer in decimal form and not as a percentage
Based on the return on Rush Corporation at different phases of the economy, and that of the Oberman Corporation, the covariance between both companies is -0.079.
What is the covariance between Rush and Oberman Corporation?First find the returns on both companies:
Rush Corporation:
= (0.60 x -22%) + (0.4 x 31%)
= 0.4%
Oberman Corporation:
= (0.60 x 42%) + (0.4 x -15%)
= 19.2%
The Covariance is:
= 0.6 x (-0.22 - 0.004) x (0.42 x 0.192) + 0.4 x (0.31 - 0.004) x (-0.22 – 0.1780)
= -0.079
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Assume that Partners A and B each report a Capital Account of $500,000. Partner C wants to join the partnership as an equal one-third partner. Because the partnership has been very profitable, Partners A and B require Partner C to contribute $800,000 in cash to the partnership in return for a one-third interest. Assume that Partners A and B share profits 60% and 40%, respectively, prior to the admission of Partner C. Assume that the partners believe that the payment by Partner C provides evidence of a previously unrecorded intangible asset in the partnership and the partners wish to record the intangible on the post-realignment partnership balance sheet. After admission of Partner C, Partners A and B retain their relative proportion of profit allocation after granting Partner C a 25% profit-allocation interest. Use the Goodwill Method to record the journal entry on the books of the partnership to reflect the admission of Partner C
The journal entry shows that there'll be a debit of cash for $800,000.
How to illustrate the journal entry?The capital to be contributed will be:
= ($500000 + $500000 + $800000)/3
= $1,800,000/3
= $600,000
Capital account, Partner A = ($800000 - $600000) × 60% = $120000
Capital account, Partner B = ($800000 - $600000) × 40% = $80000
Capital account, Partner C = $600000
The journal entry will be:
Debit Cash $800000
Credit Capital account, Partner A = $120000
Credit Capital account, Partner B = $80000
Credit Capital account, Partner C = $600000
(Being the capital account of partner and C is admitted as partner)
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Santiago Delgado owns a copier store. He leases two copy machines for which he pays $20 each per day. He cannot increase the number of machines he leases without giving the office machine company six weeks’ notice. He can hire as many workers as he wants, at a cost of $40 per day per worker. These are the only two inputs he uses to produce copies. Enter your responses for FC, VC, and TC as integers and round your responses for ATC and MC to two decimal places.
Quantity of Workers Quantity of Copies per day FC VC TC ATC(S) MC($)
0 0 40 0 40 - -
1 600 40 40 80. 13. 06
2 1100 40 80 120. 11. 08
3 1500 40 120 160. 10. 10
4 1800 40 160 200. 11. 13
5 2000 40 200 240. 12. 20
6 2100 40 240 280. 13. 40
The average total cost curve and the marginal cost curve are U shapedThe average total cost curve and the marginal cost curve are related in that the MC curve passes through the minimum point of the ATC curve
Economic theory and the data in the table show that the average total cost curve and the marginal cost curve are related in that the MC curve passes through the minimum point of the ATC curve.
What is the relationship between the MC and ATC curves?The data given by the table (which is accurately filled up) shows that the MC curve will intersect the ATC curve at its lowest point.
We see this from the fact that before the lowest ATC of 0.107, the marginal cost was less than the ATC. After the lowest ATC however, the marginal cost becomes higher than the ATC.
This shows that the MC curve intersected the ATC at its lowest point of 0.107 and then kept rising above it.
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Trisha works for a company where authority is decentralized, and there are only three levels in her chain of command. What best describes the company's organizational culture
The organizational culture of the company where Trisha works can be defined as one that encourages innovation and employee autonomy.
What is a decentralized structure?It corresponds to less hierarchy in the decision-making process of an organization, pressing lower levels to actively participate in business decisions, which generates greater flexibility and autonomy at work.
Therefore, one of the advantages of decentralization is the increase in knowledge and exchange of experiences, making the decision-making process faster and more innovative.
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If a country had a trade deficit of $10 billion and then its exports rose by $20 billion and its imports rose by $10 billion, its net exports would now be
Answer:
the answer would be $0
I know it's old news, but what did you think about the will Smith slap at the Oscars ?
Answer:
I think that it was kind of funny but also like not really funny
Holding all else constant, an increase in the market demand for a product in a competitive market would cause Group of answer choices the marginal revenue (MR) curve of the firms to increase. A decrease in profits for a firm. A decrease in the price a firm could charge for the product. The average total cost (ATC) curve of the firms to increase. The marginal cost (MC) curve of the firms to increase
If all is held constant, it is expected that increase in the market demand for a product in a competitive market would result to an increase to the marginal cost (MC) curve of the firms.
What is an increase in the market demand?An increase in market demand are caused by rise in income, rise in the price of a substitute, price fall of a complement product etc.
And when there is an increase in market demand, its reflects on the demand graph as the demand curve shift to the right.
Therefore, the Option E is correct.
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Your savings account balance increases by $10 because the bank paid you interest. Which categories on your balance sheet affected?.
If your savings account balance increases by $10 .The categories on your balance sheet affected is: savings account and cash.
What is savings account?Savings account can be defined as the account that help you to save your money while you earn interest on the amount saved.
In a situation where the money in your savings account increase by $10 because of the interest earne, cash will be affected under current assets on your balance sheet.
Inconclusion the categories on your balance sheet affected is: savings account and cash.
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which of president herbert hoover's actions in office would john maynard keynes most likely agree with brainly
Based on the actions of President Hoover, the policy that John Maynard Keynes would likely agree with is the construction of the Hoover Dam.
What would John Maynard Keynes agree with?John Maynard Keynes was a proponent of the government spending money in the economy in order to stimulate job and economic growth.
The construction of the Hoover Dam under President Hoover created jobs and led to economic growth and so John Maynard Keynes would most likley approve of it.
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Answer:
Building the Hoover Dam
Explanation:
Why is it important to be ethical and advertise a business or product properly when using social media?:
Answer:
Being ethical helps establish that the business is responsible, which establishes a good reputation for the business. ( Hope is helps :> )
Explanation:
Becoming informed about economics helps a person understand the reasons a command economy is ideal. role of government in regulating production. why consumers receive tax revenue. reasons an economy must always be completely regulated.
Learning about economics can help you understand the role of government in regulating production.
What is the government's role in the production?The government's role is:
(1) establishes the legal and social framework within which the economy operates,
(2) maintains market competition,
(3) provides public goods and services,
(4) redistributes income,
(5) compensates for externalities,
Learning about economics can help you understand the role of government in regulating production.
Therefore, the above statements explain the role of government in production.
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Answer:
B
Explanation:
:]
Abc company is in the process of issuing bonds. The bonds have a stated interest rate of 6%, which is 2% above the current market rate. What effect will the two interest rates have on the bond issue price?.
Answer:
The issue price will be above the bond's face value.
Explanation:
What type of debt has the highest consumer debt balance?.
The student loan debt has the highest consumer debt balance.
Below is an explanation about student loan debt.
What is Student Loan debtStudent debt is a type of debt that is owed by a current student, a formerly withdrawn student or graduated student to a lending institution, or to a financial institution
This type of loan has the highest consumer debt balance.
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If real output is $9,000, and the price level is 2, and the velocity of money is 3, then the money supply is
The money supply given the real output, price level and velocity of money is $6000.
What is the quantity theory of money?
The quantity theory of money states that the price of goods and services in an economy is directly proportional to the money supply.
Quantity theory of money = price x real output = money supply x velocity
Money supply = (price x real output) / velocity
(2 x 9000) / 3 = $6000
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When can an organization share phi with others, according to professional judgment rights?.
An organization can share phi with others, according to professional judgment rights if HIPAA Privacy Rule specifically permits it.
What is HIPAA?The Health Insurance Portability and Accountability Act serves as the federal law that required the creation of national standards.
This standard help to protect sensitive patient health information from unauthorized access.
Therefore, information can only be shared if HIPAA Privacy Rule specifically permits it.
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Suppose the fed doubles the growth rate of the quantity of money in the economy. In the long run, the increase in money growth will change which of the following? check all that apply.
In the long run, the increase in money growth will change price levels and inflation.
What is money neutrality?Money neutrality is an economic theory that changes in money supply do not affect real variables but only affect nominal variables. As a result, monetary policy is neutral in the long-run and affects real variables in the short-run.
Here are the options: (A) The price level. (B) The level of technological knowledge. (C) The quantity of physical capital. (D) The inflation rate.
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A(n) ________ is an organizational change that involves rethinking the nature of the business and the nature of the organization itself.
A(n) paradigm shift is an organizational change that involves rethinking the nature of the business and the nature of the organization itself.
What is the theme of the "I am not your perfect Mexican daughter"?
Can someone please report my question and answers??
Answer:
The theme of "I Am Not Your Perfect Mexican Daughter" is secrecy and lies.
Explanation from litcharts.com to better understand the theme:
As the novel unfolds and Julia digs deeper into the secrets her recently-deceased older sister Olga left behind, she comes face-to-face with more and more unsettling truths about her family’s past. In the end, Sánchez ultimately suggests that some secrets are too painful to share—and that some lies are actually a mercy, meant to protect people from hurtful, devastating truths.
P.S: Why do you want me to report your questions and answers? Unless it is something that violates the Honor Code, I am not going to do that