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lapo4ka [179]
2 years ago
9

Malika just got hired by Amazon to work in upper management. She currently lives in South Carolina, and has to move to Californi

a for the job. Which of the following would be a good economic reason for her to move her personal belongings on her own rather than hiring someone else?
a. Malika is in better physical shape than ever.
b. The bids from moving companies are a bit lower than expected Malika's hiring bonus from Amazon was higher than she expected.
c. Malika's job starts in one month, so she will have one month without work. Therefore, the opportunity cost of moving herself is low during this month
Business
1 answer:
zzz [600]2 years ago
4 0

Answer: Malika's job starts in one month, so she will have one month without work. Therefore, the opportunity cost of moving herself is low during this month.

Explanation:

From the question, we are informed that Malika just got hired by Amazon to work in upper management and that she currently lives in South Carolina, and has to move to California for the job.

A good economic reason for her to move her personal belongings on her own rather than hiring someone else is Malika's job starts in one month, so she will have one month without work. Therefore, the opportunity cost of moving herself is low during this month.

Since her job will start in a month, that means that she can use the available time she has to move her personal belongings. Assuming, she has something else to do or she'll be busy and will be hard for her to move it on her own, then it'll be logical to request for someone to help her move it but in this case, she can move it herself as the opportunity cost is low.

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On December 31, Year 1, Jet Co. received two $10,000 notes receivable from customers in exchange for services rendered. On both
Rama09 [41]

Answer:

Hart's note should be reported at $10,000 and Maxx's note should be reported at $7,820

Explanation:

Since Hart's note is a current note (due within one year) it should be reported at future value = $10,000

Marxx's note must be reported at present value:

present value =  future value x discount factor = {$10,000 [1 + (3% x 5)]} x 0.68

present value = $11,500 x 0.68 = $7,820

*we use simple interest to calculate the future value of Marxx's debt since Jet Co. doesn't charge compound interest

4 0
2 years ago
Activity-Based Costing: Factory Overhead Costs The total factory overhead for Bardot Marine Company is budgeted for the year at
Butoxors [25]

Answer:

The question is not incomplete as it is missing the requirement below:

A) The activity rates for each activity and

B) The activity-based factory overhead per unit for each product.

Fabrication activity rate=$68 /dlh

Assembly activity rate =$35 /dlh

Setup activity rate =$390/setup

inspection activity rate=$90/inspection

Speed boat activity based factory overhead=$387000

Bass boat activity based factory overhead=$213000

Explanation:

Fabrication activity rate=$204,000/(2000+1000)=$68 /dlh

Assembly activity rate =$105000/(1000+2000)=$35 /dlh

Setup activity rate =$156000/(300+100)=$390/setup

inspection activity rate=$135000/(1100+400)=$90/inspection

Speed boat total overhead is computed thus:

fabrication  $68*2000                     136000

Assembly  $35*1000                          35000

setup $390*300                                 117000

inspection $90*1100                           <u>99000 </u>

Total                                                      387000

bass boat total overhead is computed thus:

fabrication  $68*1000                     68000  

Assembly  $35*2000                       70000

setup $390*100                               39000

inspection $90*400                          <u>36000  </u>

Total                                                   213000

8 0
2 years ago
Meyer &amp; Smith is a full-service technology company. They provide equipment, installation services as well as training. Custo
weqwewe [10]

Answer:

Credit to Unearned Service Revenue of $24,000

Explanation:

Given that,

Fair values:

Equipment = $90,000

Installation = $60,000

Training = $30,000

Total fair value = $90,000 + $60,000 + $30,000

                         = $180,000

Total cost of purchasing equipment, installation and training = $144,000

The cost to be allocated proportionately is as follows:

The transaction price allocated to the Equipment:

= Fair value of equipment × (Total cost ÷ Total fair value)

= $90,000 × ($144,000 ÷ $180,000)

= $90,000 × 0.8

= $72,000

The transaction price allocated to the Installation:

= Fair value of installation × (Total cost ÷ Total fair value)

= $60,000 × ($144,000 ÷ $180,000)

= $60,000 × 0.8

= $48,000

The transaction price allocated to the Training:

= Fair value of training × (Total cost ÷ Total fair value)

= $30,000 × ($144,000 ÷ $180,000)

= $30,000 × 0.8

= $24,000

Therefore, the journal entry to record the transaction on March 15, 2021 will include a credit to Unearned Service Revenue of $24,000 (for training).

Note: As the product is purchased and installed on the same day of purchase but the training would be provided in the future. Hence, it is treated as the unearned service revenue.

7 0
2 years ago
Marigold Corp. has these accounts at December 31: Common Stock, $12 par, 5,200 shares issued, $62,400; Paid-in Capital in Excess
irina [24]

Answer:

Total Paid in capital = $81100

Total paid in capital and retained earnings = $124800

Total Stockholder's equity are = $114460

Explanation:

given data

Common Stock  = $12 par value 5200 shares

shares issued =  $62400

Paid-in Capital  = $18700

Retained Earnings = $43700

Treasury Stock  470 shares = $10340

to find out

stockholders' equity section of the balance sheet

solution

we get first Total Paid in capital that is

Total Paid in capital = shares issued  + Paid-in Capital   ..............1

Total Paid in capital = $62400  + $18700

Total Paid in capital = $81100

and

Total paid in capital and retained earnings = Total Paid in capital + Retained Earnings    .................2

Total paid in capital and retained earnings = $81100 + $43700

Total paid in capital and retained earnings = $124800

and

so Total Stockholder's equity are = Total paid in capital and retained earnings - Treasury stock   ..................3

Total Stockholder's equity are = $124800 - $10340

Total Stockholder's equity are = $114460

7 0
2 years ago
Maria Ramirez is conducting research to determine consumers' personal grooming habits
garik1379 [7]

Answer:

A) mail questionnaires

Explanation:

the two main advantages of mailed questionnaires are:

  1. confidentiality/anonymity: people feel free to respond honestly without having to consider other people's reaction to their responses.
  2. no interview bias: certain personal issues may generate interviewer bias, and mail questionnaires eliminate that possibility by eliminating the interviewer.

So the answers are generally more honest and that is exactly what Maria is looking for.

5 0
2 years ago
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