Whether piece rate is appropriate for each of Joe's employees will depend on a variety of elements, including the nature of the task, production levels, and applicable laws governing fair compensation.
What does the compensation management piece rate system entail?When workers are paid by the unit produced (such as the number of t-shirts or bricks produced) rather than the amount of time spent on the job, this is known as piece rate pay.
What does it mean to be a piece rate worker?The employer establishes a fixed rate per unit as an alternative to hourly pay. The set pay rate is multiplied by the quantity of units generated to determine paychecks. But it isn't that simple. The Fair Labour Standards Act (FLSA) must be followed in order for this rate workers must make at least the applicable minimum wage.
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Ana is a supervisor at a hotel. She needs to talk with an employee who has been rude to coworkers and seems uninterested in learning new job duties.
What is the FIRST thing Ana should do before she has this difficult conversation?
She should avoid the underperforming employee for as long as possible in case their behavior improves on its own.
She should see if she can convince someone else on the team to have this difficult conversation with the underperforming employee.
She should decide what the purpose and outcome of the conversation will be-whether she will give the employee a written warning.
for instance
OD. She should make a list of the employee's positive qualities so she doesn't act too harshly or hastily
OA.
B.
C.
Reset
Next
The first thing that ana should do before she has a difficult conversation with the underperforming employee is to decide what the purpose and outcome of the conversation will be therefore the correct answer is c
What Ana has to doshe should decide what the purpose and outcome of the conversation will be whether she will give the employee a written warning for instance before having a difficult conversation with an underperforming employee
it is important for the supervisor to define the purpose and outcome of the conversation this will help to ensure that the conversation is productive and focused and that the employee understands the expectations and consequences of their behavior
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PART IL MULTIPLE CHOICES (1 POINT EACH) Choose the best answer from the alternatives given for the following questions.
15. Which of the following short run cost curve, does the marginal cost curve not intersect at its minimum?
A. Average total cost .
B. Marginal cost
C.Average fixed cost
D. Average variable cost
16. Identify correct statement concerning firm operating in a perfectly competitive market
A. It doesn't have a market power to decide on the price of its product B. It might enjoy a positive profit in the long run
C. It can increase its market share through advertising
D. It sometimes produces differentiated (non homogenous) products.
17. Which of the following statements about the relationship between marginal cost and average cost is correct?
A. When MC exceeds AC, AC must be rising.
B. When MC is falling, AC must be rising.
C. When AC equals MC, MC is at its lowest point.
D. When AC exceeds MC, AC must be rising. X
18. Suppose a firm's total cost is 10,000 birr when nothing is being produced and it increases by 25 birr for each unit produced. Given this information, total cost equation of a firm is given by:
A. TC= 10,000+25Q
B. TC= 10,000/25Q.
C. TC=25+10,000Q
D. TC= 10,000-25Q
E. TC= 10,000-25°
19. If a simultaneous and equal percentage increase in the use of all physical inputs leads to a larger percentage increase in physical autput, a firm's production function is said to exhibit
A. Decreasing returns to scale.
B. Constant returns to scale.
C. Increasing returns to scale.
D. Diseconómies of scale.
20. A perfectly competitive firm's short-run supply curve is its marginal cost curve:
A. Above the minimum of average total cost curve
B. Above the minimum of average variable cost curve
C. Above the minimum of average fixed cost curve
D. Above break-even point
E. All except B and D
21. A profit maximizing firm operating in a perfectly competitive market would decide to stop production, in the short run, when:
A. Price is greater than average total cost
B. Price is equal to average total cost C. Price is equal to average variable cost
D. Price is less than average variable cost
E. Total cost outweighs total profit
22. If a given firm operating in a perfectly competitive market faces a marginal cost equivalent to (MC = 2Q) where Q is output in unit, and sells its product at 20 birr per unit, the optimum output level that this firm should produce equals:
A. 20 units
B. 2 units
C. 10 units
D. No sufficient information
The correct answers are given below:
C. Average fixed costA. It doesn't have the market power to decide on the price of its product.D. When AC exceeds MC, AC must be rising.A. TC = 10,000 + 25Q.C. Increasing returns to scale.When manufacturing one unit of output more than the prior, a firm incurs what's known as marginal cost. In the short run, at their minimum points, the marginal cost curve crosses both the average variable and the complete average costs curves. That being said, when evaluating the asymptotic characteristics of fixed-cost averages, there isn't an intersection made by the marginal cost curve.
In a market that is perfectly competitive, influence over its goods' prices is absent in a firm, which therefore leads it to take on whatever price has been set. Consequently, any attempts to increase market share like advertising do not improve its overall standing. Because producing products that are mostly indistinguishable from those of its competitors is common practice, homogenous product creation becomes inevitable.
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In what circumstances would a property insurance claim be rejected?
The circumstances that could make a property insurance claim to be rejected are policy exclusions, failure to disclose information, non-payment of premiums, lack of coverage, policy conditions not met, misrepresentation or fraud, and wear and tear or maintenance issues.
What are these circumstances?Property insurance claims can be rejected for various reasons. While the specific circumstances may vary depending on the policy and insurance provider, here are some common situations in which a property insurance claim may be denied:
1. Policy exclusions: Insurance policies typically have specific exclusions listed in the terms and conditions. If the cause of damage or loss falls within these exclusions, the claim may be rejected. Common exclusions include acts of war, intentional acts, neglect or lack of maintenance, and certain natural disasters not covered by the policy.
2. Failure to disclose information: When applying for property insurance, it's crucial to provide accurate and complete information. If the insured fails to disclose relevant details about the property or provides false information, the claim could be denied. For example, if a homeowner fails to disclose a previous claim or provides inaccurate details about the property's security features, the claim may be rejected.
3. Non-payment of premiums: Insurance policies require regular premium payments to remain in force. If the insured fails to pay premiums within the grace period, the coverage may lapse, and any subsequent claims may be denied.
4. Lack of coverage: Insurance policies have specific coverage limits and deductibles. If the claimed loss exceeds the policy's coverage limit or falls below the deductible amount, the claim may be rejected or only partially paid.
5. Policy conditions not met: Insurance policies often have conditions that must be met to validate a claim. For example, the insured may be required to notify the insurance company promptly after the loss occurs, provide documentation and evidence of the damage, and cooperate fully during the claim investigation process. Failure to meet these conditions could result in claim denial.
6. Misrepresentation or fraud: If the insurance company determines that the insured intentionally misrepresented information or engaged in fraudulent activities to obtain coverage or make a claim, the claim will likely be rejected. This includes submitting falsified documents, inflating the value of the claimed items, or staging the loss.
7. Wear and tear or maintenance issues: Property insurance typically covers sudden and accidental damage rather than damage resulting from wear and tear, lack of maintenance, or pre-existing conditions. If the insurer determines that the damage is a result of normal wear and tear or inadequate maintenance, the claim may be denied.
It's important to carefully review the terms and conditions of your insurance policy and promptly report any losses to your insurance company to maximize the chances of a successful claim.
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Your company has spent $290,000 on research to develop a new computer game. The firm is planning to spend $49,000 on a machine to produce the new game. Shipping and installation costs of the machine will be capitalized and depreciated; they total $5,900. The machine has an expected life of 5 years, a $34,000 estimated resale value, and falls under the MACRS 7-Year class life. Revenue from the new game is expected to be $390,000 per year, with costs of $190,000 per year. The firm has a tax rate of 35 percent, an opportunity cost of capital of 15 percent, and it expects net working capital to increase by $59,000 at the beginning of the project. What will be the net cash flow for year one of this project?
Answer:
$132,745.82
Explanation:
required investment = $290,000 + $49,000 + $5,900 + $59,000 = $403,900
depreciable amount = $49,000 + $5,900 = $54,900
Research and development costs are expensed, they cannot be capitalized. Increase in net working capital cannot be capitalized either.
MACRS depreciation expense for year 1 under 8 year class life = 14.29%
depreciation expense year 1 = $54,900 x 14.29% = $7,845.21
net cash flow year 1 = [($390,000 - $190,000 - $7,845.21) x (1 - 35%)] + $7,845.21 = ($192,154.79 x 0.65) + $7,845.21 = $124,900.61 + $7,845.21 = $132,745.82
Discuss the importance of customer service
Think about the different types of teams in organizations and complete the sentences.
The VP of product development led a ___________1___________ of specialists in sales and marketing, manufacturing, and research and development to figure out how to bring new products to market faster in the United States.
When Taco Bell wanted to open many new locations, the company’s leaders knew they would have trouble hiring enough managers. The solution was to train employees to work as ______________2_____________, working together to hire their own colleagues, manage inventory, and do financial reporting.
PART 1
a. cross-functional team
b. self-managed team
c. functional team
d. global team
PART 2
a. virtual teams
b. global teams
c. self-managed teams
d. special-purpose teams
Answer:
1 - a. Cross-functional team
2 - c. Self-managed teams
Answer:
The VP of product development led a cross functional team of specialists in sales and marketing, manufacturing, and research and development to figure out how to bring new products to market faster in the United States.
When Taco Bell wanted to open many new locations, the company’s leaders knew they would have trouble hiring enough managers. The solution was to train employees to work as self managed teams, working together to hire their own colleagues, manage inventory, and do financial reporting.
Kate was turned down for a job because of a bad credit report. The creditor is required to give her the name of the credit bureau that supplied the report, according to
the:
Fair Credit Reporting Act.
Fair Credit Billing Act.
Truth in Lending Law.
Equal Credit Opportunity Act
The creditor is required to give Kate the name of the credit bureau that supplied the report under the Fair Credit Reporting Act (FCRA). The FCRA is a federal law that regulates the collection, use, and disclosure of consumer credit information. Under the FCRA, creditors are required to provide consumers with a copy of their credit report upon request. They are also required to provide consumers with the name and address of each credit bureau that has provided them with a report within the past two years.
The other laws you mentioned are also important, but they do not specifically address the issue of providing consumers with the name of the credit bureau that supplied their report. The Fair Credit Billing Act (FCBA) regulates the billing practices of creditors and credit card companies. The Truth in Lending Law (TILA) requires lenders to disclose certain information to borrowers, such as the annual percentage rate (APR) and the total amount of interest that will be charged on a loan. The Equal Credit Opportunity Act (ECOA) prohibits creditors from discriminating against borrowers on the basis of race, color, religion, national origin, sex, marital status, age, or because they receive income from a public assistance program.
A company has net income of $945,000; its weighted average common shares outstanding are $189,000. its dividend per share is $0.90, its market price per share is $97, and its book value per share is $89.50. its price earnings ratio equals:
Explanation:
Net Income=$945000
Average outstanding=$189000
Per Share=$0.90
Market price=$97
Book value=$89.50
Ratio=7:5
How much would a person have to deposit now to be able to withdraw $550 at the end of each year for 20 years from an account that earns 11 percent?
$3.785 95
$4 379 83
54 739 95
$5.076.55
Answer: $4,379.83
Explanation:
Given the following details:
Periodic payment = $550
Interest rate = 11%
Number of periods = 20 years
Present Value (PV) = P[(1 - (1 + r)^-n) / r]
Where
P = periodic payment = $550
r = Interest rate = 11% = 0.11
n = number of periods = 20
PV = 550[(1 - (1 + 0.11)^-20) / 0.11]
PV = 550[(1 - (1.11)^-20) / 0.11]
PV = 550[(1 - 0.1240339) / 0.11]
PV = 550[0.8759660 / 0.11]
PV = 550(7.9633281)
PV = 4379.8304
PV = 4379.83
Write about three pages (750 words) on one of the following topics. In writing your essay, feel free to build on insights from the discussion boards. Drawing on insights from the religion module, compare and contrast how you imagine life to be different for a believer, an agnostic, and an atheist. Imagine a society without literature, music, visual arts, dance, and so forth. Reflect on what would be lost, what gained. I’ll evaluate your exams mainly by the following criteria: Originality of your ideas Development of thoughts Style of writing
A believer would find solace and guidance in their faith, deriving meaning and purpose from their religious practices.
What would be an agnostic's approach to life?An agnostic would approach life with an open mind, seeking answers through rational inquiry and personal experience.
An atheist, lacking belief in deities, would rely on reason and evidence for understanding the world. In a society devoid of literature, music, visual arts, and dance, profound losses would occur.
The expressions of human creativity, emotional catharsis, and the exploration of diverse perspectives would vanish. Cultural richness, intellectual stimulation, and the shared human experience would be greatly diminished.
However, new avenues for innovation and problem-solving may emerge as attention shifts to other forms of knowledge and human endeavors.
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Consider total cost and total revenue, given in the following table:
In the final column, enter profit for each quantity. (Note: If the firm suffers a loss, enter a negative number in the appropriate cell.)
Total Cost Marginal Cost
(Dollars)
Quantity (Dollars)
0
1
2
3
4
5
6
7
5
6
8
11
15
20
26
35
05
06
07
Total Revenue Marginal Revenue
(Dollars)
(Dollars)
0
6
12
18
24
30
36
42
AAAAAAA
Profit
(Dollars)
In order to maximize profit, how many units should the firm produce? Check all that apply.
04
The solution to the given question when we consider total cost and total revenue, given in the following table:
The Financial TableQuantity | Total Cost | Marginal Cost | Total Revenue | Marginal Revenue | Profit
------- | -------- | -------- | -------- | -------- | --------
0 | 5 | 5 | 0 | 0 | -5
1 | 11 | 6 | 6 | 6 | 1
2 | 17 | 6 | 12 | 6 | 5
3 | 24 | 7 | 18 | 6 | 4
4 | 31 | 8 | 24 | 6 | -7
5 | 39 | 8 | 30 | 6 | -9
6 | 47 | 8 | 36 | 6 | -11
7 | 55 | 8 | 42 | 6 | -13
As you can see, the firm's profit is maximized at quantity 3. This is because the marginal revenue is equal to zero at this point, which means that the firm is not making any additional profit by producing more units. In fact, if the firm produces more units, it will actually start to lose money.
Therefore, the answer to the question is 3.
In summary:
The firm's profit is maximized at quantity 3.This is because the marginal revenue is equal to zero at this point.If the firm produces more units, it will start to lose money.Therefore, the answer to the question is 3.Read more about marginal revenue here:
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he December 31, 2018, balance sheet of Whelan, Inc., showed $120,000 in the common stock account and $2,289,000 in the additional paid-in surplus account. The December 31, 2019, balance sheet showed $137,000 and $2,568,000 in the same two accounts, respectively. If the company paid out $149,500 in cash dividends during 2019, what was the cash flow to stockholders for the year?
the cash flow to stockholders for the year is $169,000 negative.
Equity is equal to common stock plus any paid-in surplus.
Common stock plus additional paid-in excess equals total equity at the outset.
=136,000+2,610,000=$2,746,000
Common stock + Extra Paid-in Surplus = Total Equity at End
=146,000+2,910,00)=$3,056,000
Hence, new equity equals total equity at the end minus total equity at the beginning.
3,056,000-2,746,000=$310,000
Dividends paid minus new equity equals cash flow to investors.
= 141,000-310,000
= -169,000
=$169,000 a loss
a sum of money distributed to shareholders from a company's profits. Although they can do so at any time, public firms that pay dividends often do so on a predetermined timetable. Special dividends or additional dividends are terms used to describe unexpected dividend payouts.
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what factor influencing the choice of firm
Explanation:
There are many factors that can influence the choice of a firm, including:
Reputation: The reputation of the firm can be an important factor in influencing a person's decision. If a firm has a good reputation for quality and customer service, it may be more attractive to potential customers.
Price: The price of a firm's products or services can also be a factor. If the price is too high, customers may choose to go with a cheaper alternative.
Product quality: The quality of a firm's products or services can also influence the decision of potential customers. If the products or services are of high quality, customers may be more likely to choose the firm.
Location: The location of the firm can also be a factor. If the firm is located in a convenient location, it may be more attractive to potential customers.
Marketing: The marketing strategy of a firm can also be important in influencing the decision of potential customers. If the firm has a strong marketing campaign, it may be more attractive to potential customers.
Brand image: The brand image of a firm can also influence the decision of potential customers. If the brand is well-known and trusted, customers may be more likely to choose the firm.
Customer service: The level of customer service provided by the firm can also be a factor. If the firm provides good customer service, customers may be more likely to choose the firm
Buying a home achieves which two financial goals at the same time?
a. Providing a place to live, paying for your college expenses
b. Providing a place to live, paying off your consumer debt
c. Providing a place to live, investing for the future
d. Providing a place to live, bringing you great happiness
why should entrepreneurs operate under the conditions of perfect market
Operating under the conditions of a perfect market can offer several advantages for entrepreneurs.
Reasons why entrepreneurs may prefer to operate under the conditions:Competition and Efficiency: in a perfect market, there is intense competition among buyers and sellers. This competition encourages entrepreneurs to be efficient, innovative, and responsive to market demands.
Price Determination: in a perfect market, prices are determined by the forces of supply and demand. This price mechanism allows entrepreneurs to make informed decisions about production, investment, and resource allocation.
Market Access: a perfect market typically has low barriers to entry, allowing entrepreneurs to enter and exit the market freely. This means that new entrepreneurs can easily establish businesses and compete with existing firms.
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Which of the following is an aspect of the Project Life cycle Select one: Value to the business being assessed and product innovation considered Transition into use and getting full operational productivity The idea, study or trigger to the project Requirements collation and producing the design specification
Just search the internet.
Type up 'Project Life Cycle'.
1) Give a graphical representation of the Amazon supply chain and state why this format is beneficial for Amazon.
2) Give a graphical representation of the Apple supply chain and state why this format is beneficial for Apple.
3) Give a graphical representation of the Lowe’s supply chain and state why this format is beneficial for Lowe's.
The Amazon supply chain is shown graphically below: Suppliers, Amazon Sorting Facilities, Amazon Fulfillment Facilities, and Amazon Last Mile DeliveryHere is a graphical representation of the Apple supply .
What is a supply chain management case study?Case studies are learning experiences where you put what you've learned from books and lectures into practice by using extremely realistic simulations to address supply chain problems. T
How well-managed is Amazon's supply chain?Last Word. One of the most cutting-edge supply chains in the world is that of Amazon. The company's success has a lot to do with economies of scale, a customer-first approach, automation, and process improvement. As a seller, you can use FBA to access Amazon's supply chain or try to construct a system akin to it.
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What is market environment
Answer:
The market environment is the combination of external and internal factors that affect a company's ability to establish a relationship with and serve its consumers.
Explanation:
The internal factors relate to the company itself, such as owners, workers, materials, components, etc.
The external factors are divided into macro and micro components. The macro component is the broad environment which includes societal forces that affect society as a whole. The micro component is task-related, which includes factors that influence the production, manufacturing and distribution of a product or service.
A good thing to consider while figuring out your business goals is
your budget projections
the best ways to trick people into investing in your business
your staffing needs
None of the above
What should be the current price of a share of stock if a $5 dividend was just paid. The stock has a required return of 20%. And a constant dividend growth rate of 6%?
a. $25.00
b. $19.23
c. $37.86
d. $35.71
the current price of a share of stock is $37.86. if a $5 dividend was just paid. The stock has a required return of 20%. And a constant dividend growth rate of 6%.
The current price of a share of stock will be
P = $5(1.06)/(0.20-0.06)
P = $ \(\frac{5.30}{0.14}\)
P= $37.86
Dividends are paid out of the employer's income after tax (consumption). Dividends also help decide the value of an employer's stocks. They sign to shareholders that the business is earning enough to assist growth and share a part of the gains with its owners.
A dividend is the distribution of a company's profits to its shareholders and is decided by using the employer's board of directors. Dividends are frequently allotted quarterly and may be paid out as coins or in the shape of reinvestment in additional inventory.
A dividend is a praise paid to the shareholders for their investment in an organization’s equity, and it usually originates from the enterprise's net earnings. even though profits can be stored within the corporation as retained income for use for the employer’s ongoing and destiny enterprise sports, a remainder can be allotted to the shareholders as a dividend.
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Which of the following would most likely use a job order costing system? a.oil refinery b.company that manufactures chlorine for swimming pools c.paper mill d.swimming pool installer
Answer:
d swimming pool installer
Explanation:
A project kick off meeting is usually conducted to:
Setup project team and announce the PM assignment
To draft project charter
Build up team spirit
Define project scope and develop WBS
A project kick-off meeting is usually conducted to set up the project team and announce the PM assignment. Thus, option A is correct.
What is the project?A project is a collection of activities that must be finished in order to achieve a goal. A project can be thought of as a set of results and effects required to achieve a particular goal.
In this meeting there are lots of details that are given, and a new announcement is also made about the same, sometimes a project manager is also introduced during which the PM mandate is also disclosed. Therefore, option A is the correct option.
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1. Young Corporation produces Tin the projected sales for the first quarter of the coming year and the beginning and ending inventory data are as follows: Unit sales 100000 Unit price Br. 15 Units, beginning inventory 8,000 Units, targeted ending inventory 12000 The Tin is moulded and then painted. Each Tin requires 4 kg of metal, which costs 2.50 per kg. the beginning inventory of raw materials is 4000 kg, young wants to have 6000 kg of metal in inventory at the end of the quarter. Each Tin produced requires 30 Minutes of direct labour time, which is billed at Br. Per hour.
Required:
1. Prepare the a sales budget for the first quarter
2. Prepare production budget for the first quarter
3. Prepare a direct materials purchase budget for the first quarter
4. Prepare a direct labour budget for the first quarter.
A budget in business is a financial plan that outlines expected revenues and expenses for a specific period.
1. Sales Budget:
Unit sales = 100,000
Unit price = Br. 15
Total sales revenue = 100,000 x 15 = Br. 1,500,000
2. Production Budget:
Expected unit sales = 100,000
Add: Targeted ending inventory = 12,000
Total units needed = 112,000
Less: Beginning inventory = 8,000
Total units to be produced = 104,000
3. Direct Materials Purchase Budget:
Metal required per unit = 4 kg
Expected units to be produced = 104,000
Total metal required = 104,000 x 4 = 416,000 kg
Add: Targeted ending inventory - Beginning inventory = 6,000 kg - 4,000 kg = 2,000 kg
Total metal needed to be purchased = 416,000 kg + 2,000 kg = 418,000 kg
Cost per kg of metal = Br. 2.50
Total cost of metal to be purchased = 418,000 kg x Br. 2.50/kg = Br. 1,045,000
4. Direct Labor Budget:
Direct labor required per unit = 30 minutes
Expected units to be produced = 104,000
Direct labor hours required = (30 minutes/60 minutes) x 104,000 = 52,000 hours
Assuming direct labor cost of Br. X per hour, total direct labor cost = 52,000 x Br. X.
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developer constance roberts subdivided a parcel of land into 25 five-acre lots and properly recorded the subdivision. before she could build on the lots, she became ill and sold the entire subdivision to another developer, accolade homes, which plans to further subdivide into lots half the original size. which of these statements is true?a. Accolade Homes can further divide the property without a new land survey and or subdivision plat if no new streets or access points will be required.
b. Accolade Homes must develop the subdivision according to the previous subdivision plat.
c. Because building hadn't begun at the time of the sale, Accolade Homes must complete a new subdivision process.
d. The Illinois Plat Map Act requires Accolade Homes to add new streets and access points if they further subdivide the property.
The correct answer is (a): Accolade Homes can further divide the property without a new land survey and or subdivision plat if no new streets or access points will be required.
When Constance Roberts subdivided the parcel of land into 25 five-acre lots, she created a legal description of the property and recorded the subdivision with the relevant authorities. The recorded subdivision plat outlines the boundaries of the lots, access points, and any other relevant features of the subdivision. When Accolade Homes purchased the entire subdivision from Roberts, they acquired the right to develop the property further, subject to any restrictions or conditions outlined in the recorded subdivision plat. If Accolade Homes plans to further subdivide the property into lots half the original size, they can do so without a new land survey and subdivision plat if no new streets or access points are required. If Accolade Homes plans to add new streets or access points or make any other changes to the recorded subdivision plat, they would need to go through the appropriate process to obtain the necessary approvals and permits. However, if they plan to develop the subdivision according to the previous subdivision plat, they can do so without any further action.
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. A requested task is subject to be reported when:
Requesting for a screenshot
When it is asking for 3 proofs
When steps listed are unclear or misleading
When it requests for an app to be tested
A requested task may be subject to be reported in any of the cases listed, depending on the specific details of the task and the circumstances involved.
A requested task may be subject to be reported in the following cases:
When requesting a screenshot:
The task requester may be reported if the request involves sharing sensitive information or may violate the terms of service of a website or application.
When it is asking for 3 proofs:
The task may be reported if the task requester requests three proofs or more, which may seem excessive or compel the user to take steps that are against the terms of service.
When steps listed are unclear or misleading:
If the task's described stages are unclear, lacking, or deceptive, errors or inaccurate results may follow, and the task may be reported.
When it requests for an app to be tested:
It may be reported if the assignment calls for testing an app that might be infected with malware or violate the app store's terms of service.
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What are some Drawbacks of business Debt?
Answer:Paying Back the Debt. Making payments to a bank or other lender can be stress-free if you have ample revenue flowing into your business. ...
High Interest Rates.
The Effect on Your Credit Rating.
Cash Flow Difficulties.
Explanation:
Apart from a job search, a also helps in job advancement.
Apart from a job search, a job portfolio also helps in job advancement.
What is a job portfolio ?A job portfolio is a collection of documents and materials that demonstrate your skills, achievements, and experiences in your field of work. It can include items such as your resume, letters of recommendation, examples of your work, certificates and awards, and other relevant documents.
Having a well-organized and comprehensive job portfolio can help you stand out from other candidates when applying for promotions or new job opportunities. It can provide evidence of your abilities and accomplishments, and demonstrate to potential employers that you are a qualified and capable professional. Additionally, a job portfolio can help you to keep track of your career progress and achievements, and provide a reference for your own personal and professional development.
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calculate the amount of budgeted selling and administrative expenses for february. xing, inc. has prepared the operating budget for the first quarter of the yeqra. The company forecast sales of 40000 in january, 50000 in february, and 60000 in march. variable and fixed expenses are as follows
The amount Xing, Inc. budgeted for selling and administrative expenses for February is C. $35,700.
What are the selling and administrative expenses?The selling and administrative expenses include all the variable and fixed costs incurred for the following:
SalariesRentDepreciationPower costMiscellaneous expenses.To determine the total selling and administrative expenses, we first determine the total fixed costs per month and the variable costs.
The variable costs are a function of the budgeted sales for each month since a percentage of the sales have been identified as variable costs for power costs and miscellaneous expenses.
January February March
Budgeted sales $40,000 $50,000 $60,000
Variable costs:
Power cost $12,000 $15,000 $18,000
Miscellaneous 2,000 2,500 3,000
Total variable cost $14,000 $17,500 $21,000
Total fixed expenses per month = $18,200
Selling and administrative expenses for February = $35,700 ($17,500 + $18,200).
Thus, for February, Xing forecast to spend C. $35,700 on sales and administration, which may be more or less than the actual expenses for the month.
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Question Completion:Variable and fixed expenses are as follows:
Variable Expenses: Power cost (30% of sales)
Miscellaneous expenses: (5% of sales)
Fixed Expenses:
Salaries expense: $10,000 per month
Rent expense: $5,000 per month
Depreciation expense: $1,400 per month
Power cost/fixed portion: $800 per month
Miscellaneous expenses/fixed portion: $1,000 per month
Using the information above, calculate the amount of selling and administrative expenses for the month of February.
A. $32,200
B. $32,200
C. $35,700
D. $14,000
By 1920, advertising was generating
$300,000 in revenue
$3 billion in ad revenue
$13 million in ad sales
None of the above
Answer:
By 1920, advertising was generating $3 billion in ad revenue.
Explanation:
Answer:
c
Explanation:
Kelly finds that her intended improvement, a veterinary clinic, is allowed by the zoning classification of her land only if she gets specific approval for that single use. This is most likely an example of:________.
A) a nonconforming use.
B) a variance.
C) an illegal spot zoning.
D) a conditional use permit.
Answer:
D) a conditional use permit.
Explanation:
A conditional use permit is a type of permit which requires the use of the discretion of the state for approval.
In this scenario, Kelly finds that her intended improvement, a veterinary clinic, is allowed by the zoning classification of her land only if she gets specific approval for that single use. This is most likely an example of a conditional use permit.