How are the three economic conditions (Growing, Stable, and Declining) called in the Decision Table?

Yvette is a customer of Apexon Bank, which is a member of the FDIC. She currently has a checking account that has $17,371 and a

GaryK [48]

Yvette has a checking account with $17,371 and a savings account with $240,000. Her combined money in Apexon Bank is $257,371.

To know how much of Yvette's money is protected you must note that:
FDIC insures: checking, savings, money market deposits and certificates of deposit. FDIC protects against $250,000 combined.

Since Yvette has $257,371 the FDIC protects against $250,000 of that amount leaving $7,371 unprotected.

4 0

2 years ago

Mackinaw Inc. processes a base chemical into plastic. Standard costs and actual costs for direct materials, direct labor, and fa

yaroslaw [1]

Answer:

You are missing the requirements. I looked them up and found the following:

Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost variance. Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

Standard Costs Actual Costs

Direct materials 185,000 lbs. at $6.00 183,200 lbs. at $5.80

Direct labor 18,500 hrs. at $16.50 18,930 hrs. at $16.90

Factory overhead Rates per direct labor hr., based on 100% of normal capacity of 19,310 direct labor hrs.:

Variable cost, $3.10 $56,780

variable cost Fixed cost, $4.90 $94,619 fixed cost

Each unit requires 0.25 hours of direct labor

direct materials price variance = AQ x (AP - SP) = 183,200 x ($5.80 - $6) = -$36,640 favorable variance

direct materials quantity variance = SP x (AQ - SQ) = $6 x (183,200 - 185,000) = -$10,800 favorable variance

total direct materials cost variance = (AQ X AP) - (SQ X SP) = (183,200 X $5.80) - (185,000 X $6) = $1,062,560 - $1,110,000 = -$47,440 favorable variance

or

total direct materials cost variance = direct materials price variance + direct materials quantity variance = -$36,640 - $10,800 = -$47,440 favorable variance

4 0

2 years ago

Netflix is an internet television network that currently boasts the worldâs largest paying membership (Source: 2015 Netflix inve

Darya [45]

Answer:

As this example illustrates, companies like Netflix must engage in <u>ONGOING STRATEGIC PLANNING</u> to remain relevant and competitive in the ever-changing environment of technology advancements, social trends, and legal regulations.

Explanation:

When a company develops a strategic plan, management is setting the business direction of the company. This means setting up a long term plan for the company to follow, but strategic plans cannot be fixed.

Strategic planning must always be an ongoing and fluid process, since markets are not static, nor your competitors will just sit around waiting for you to decide what to do. Your competition will constantly try to find ways to increase their market and lower yours, so you must respond accordingly.

In this case, Disney last year launched their own online service and that is going to be tough for Netflix, but if it isn't Disney, ti would be some other company.

4 0

2 years ago

Read 2 more answers

Reese, a calendar-year taxpayer, uses the cash method of accounting for her sole proprietorship. In late December, she received

muminat

Answer:

a. What is the after-tax cost if she pays the $39,000 bill in December?

= $23,000 x (1 - 32%) = $15,640

b. What is the after-tax cost if she pays the $39,000 bill in January? (Do not round intermediate calculations. Round your answer to the nearest whole dollar amount.)

total after tax cost (including investment revenue):

= $23,000 x (1 - 37%) = $14,490

= -$23,000 x 7% x 1/12 x (1 - 37%) = -$84.53

= $14,405.47

c. Should Reese pay the $23,000 bill'in December or January?

January , since the after tax cost is lower

d. What is the after-tax cost if she expects her marginal tax rate to be 24 percent next year and pays the $23,000 bill in January?

= $23,000 x (1 - 24%) = $17,480

= -$23,000 x 7% x 1/12 x (1 - 24%) = -$101.97

= $17,378.03

e. Should Reese pay the $23,000 bill in December or January if she expects her marginal tax rate to be 32 percent this year and 24 percent next year?

December, since the after tax cost is lower

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1 year ago

A department store chain is expanding into a new market, and is considering 16 different sites on which to locate 5 stores. assu

lesya692 [45]

We can find the number of ways by multiplying the amount of possibility each store can have.

For store 1, it can be placed on 16 sites. Store 2 can be placed on 15 sites (since store 1 is already on site 1). Store 3 can be placed on 14 sites and so on until store 5 which has 12 sites.

Therefore the number of ways is:

C = 16 * 15 * 14 * 13 * 12

<span>C = 524,160 possibilities</span>

3 0

2 years ago