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Moises Duke
BusinessBusiness
LO 3.4A company sells two products, Model 101 and Model 202. For every one unit of Model 101, they sell they sell two units of Model 202. Sales and cost information for the two products is shown. What is the contribution margin for a composite unit based on the sales mix?

$14

$21

$35

$56
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Bibbles
BusinessBusiness
Which of the following transactions is considered a "Vendors and Expenses" transaction?

A. Invoice

B. Receive Payment

C. Pay Bills

D. Make Deposit
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Randy Lester
BusinessBusiness
The following data relate to direct materials costs for February: Materials cost per yard: standard, $2.00; actual, $2.10 Standard yards per unit: standard, 4.5 yards; actual, 4.75 yards Units of production: 9,500 Calculate the direct materials price variance. a.$378.00 favorable
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Kiersten Vance
BusinessBusiness
Which best compares and contrasts Banking and Investment Planning?

A) Both require workers to have math skills for calculating risk, while Banking also requires workers to understand advanced mathematic calculations.

B) Both require workers to have organizational skills, while Banking requires patience for repetitive tasks.

C) Both require workers to understand laws related to their trades, while Insurance Services also sell products fairly to customers.

D) Both require workers to be independent and work alone, while Investment Planning also requires workers to track customer finances and investments.
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Beckham Decker
BusinessBusiness
On january 1, a company issues bonds dated january 1 with a par value of $240,000. the bonds mature in 5 years. the contract rate is 11%, and interest is paid semiannually on june 30 and december 31. the market rate is 10% and the bonds are sold for $249,262. the journal entry to record the first interest payment using the effective interest method of amortization is:
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Eden Bonilla
BusinessBusiness
21. At the end of the year, overhead applied was $42,000,000. Actual overhead was $40,300,000. Closing over/underapplied overhead into Cost of Goods Sold would cause net income to a. increase by $1,700,000 b. decrease by $1,700,000 c. increase by $3,400,000 d. decrease by $3,400,000
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Elise Benton
BusinessBusiness
Morality plays no part of gambling contract legality.

a. true

b. false
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Shaylee Ingram
BusinessBusiness
Before the invention of railroads, city neighborhoods contained a mix of different people because everyone:
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Raul Calhoun
BusinessBusiness
Lorraine invested $50,000 in a nonqualified deferred annuity at the age of 50. Three years later, the contract has grown to $64,000, and Lorraine takes a $5,000 withdrawal. The contract is still in its accumulation stage. Which of the following statements is true? a. The withdrawal is fully taxable. b. The withdrawal is not taxable. c. $4,000 of the withdrawal is taxable; $1,000 is tax free. d. $1,000 of the withdrawal is taxable; $4,000 is tax free.
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Litzy Bradshaw
BusinessBusiness
William was a factory worker in the 1920s. his company trained him in the exact sequence of steps he needed to make each day so that he would work to maximum productivity. william's company was using the principles of
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Phillip Nichols
BusinessBusiness
In addition to risk-free securities, you are currently invested in the Tanglewood Fund, a broad-based fund of stocks and other securities with an expected return of 12.00 % and a volatility of 25.00 %. Currently, the risk-free rate of interest is 4.00 %. Your broker suggests that you add a venture capital fund to your current portfolio. The venture capital fund has an expected return of 20.00 % , a volatility of 80.00 % , and a correlation of 0.20 with the Tanglewood Fund. Calculate the required return and use it to decide whether you should add the venture capital fund to your portfolio.
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Chief
BusinessBusiness
Suppose that you have placed money in 2 funds: fund a and fund

b. fund a accumulates at 9% effective and fund b at 8% effective. at the end of 10 years, the total of the two funds is 52,000. at the end of 8 years, the amount in fund b is three times that in fund

a. how much is in fund a after 15 years?
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Alisa Bauer
BusinessBusiness
161. On July 1 of the current calendar year, Olive Co. paid $7,500 cash for management services to be performed over a two-year period beginning July 1. Olive follows a policy of recording all prepaid expenses to asset accounts at the time of cash payment. The adjusting entry on December 31 of the current year for Olive would include:
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Karissa Powers
BusinessBusiness
Suppose that cigarette smokers create a negative externality. Further suppose that the government imposes a tax on cigarettes equal to the per-unit externality. What is the relationship between the after-tax equilibrium quantity and the socially optimal quantity of cigarettes?
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Cindy
BusinessBusiness
Which of the following statements is true?

1. Amounts received from issuing stock are revenues.

2. Amounts paid out as dividends are not expenses.

3. Amounts received from issued stock are reported on the income statement.

4. Amounts paid out as dividends are reported on the income statement.
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