ABC company manufactures two type of products product Y product X, and applies manufacturing overhead to all units at the rate of $80 per machine hour. Below are the production information Product Y Product X Direct material $40 $65 Direct labor $25 $25 Budgeted volume (units) 16,000 30,000 Manufacturing setup Product shipping $1,120,000 Cost $1,344,000 Cost driver Number of setup Outgoing shipments Product Y Product X 100 60 Number of setup Machine hour 32,000 45,000 200 150 Outgoing shipments . Compute the product cost per unit for each type of product under the traditional and ABC method. Machine processing $3,696,000 Machine hour

Answers

Answer 1

Under the traditional method, the product cost per unit for Product Y is $175.50, and for Product X is $96.60. Under the ABC method, the product cost per unit for Product Y is $170.50, and for Product X is $97.55.

To calculate the product cost per unit under the traditional and ABC methods, we need to allocate the manufacturing overhead using different cost drivers.

Traditional method:

For Product Y:

Direct material cost: $40

Direct labor cost: $25

Manufacturing overhead (machine hours): $80 x 32,000 / 16,000 = $160

Product cost per unit: $40 + $25 + $160 = $225

For Product X:

Direct material cost: $65

Direct labor cost: $25

Manufacturing overhead (machine hours): $80 x 45,000 / 30,000 = $120

Product cost per unit: $65 + $25 + $120 = $210

ABC method:

To allocate the manufacturing overhead using the ABC method, we need to consider the different cost drivers: number of setups and outgoing shipments.

For Product Y:

Direct material cost: $40

Direct labor cost: $25

Manufacturing setup cost: $1,120,000 / 100 = $11,200 per setup

Outgoing shipment cost: $1,344,000 / 200 = $6,720 per shipment

Manufacturing overhead: (32,000 machine hours x $80) + (100 setups x $11,200) + (200 shipments x $6,720) = $2,560,000

Product cost per unit: $40 + $25 + ($2,560,000 / 16,000) = $170.50

For Product X:

Direct material cost: $65

Direct labor cost: $25

Manufacturing setup cost: $1,120,000 / 60 = $18,667 per setup

Outgoing shipment cost: $1,344,000 / 150 = $8,960 per shipment

Manufacturing overhead: (45,000 machine hours x $80) + (60 setups x $18,667) + (150 shipments x $8,960) = $3,136,000

Product cost per unit: $65 + $25 + ($3,136,000 / 30,000) = $97.55

Therefore, the product cost per unit for each type of product is $175.50 for Product Y and $96.60 for Product X under the traditional method, and $170.50 for Product Y and $97.55 for Product X under the ABC method.

Learn more about manufacturing overhead here:

https://brainly.com/question/28478672

#SPJ11


Related Questions

Your HR director has asked you to determine whether your organization (a group of about 50 non-unionized, full-time managers and professionals working in scientific services in Alberta) has an absenteeism problem. You go to the Statistics Canada website and search for absenteeism data from the Labour Force Survey, where you are happy to discover that the average absenteeism rate in Canada (in 2011. is 9.3 days, and the employees in your organizations take an average of 9 days per year. Therefore, you do not have an absenteeism problem. Your manager tells you to "drill down." In other words, she wants data on the absenteeism rates by sector, by occupation, and so on. Does your organization have an absenteeism problem?

Answers

Based on the initial data gathered from the Statistics Canada website, it appears that the organization does not have an absenteeism problem as the average absenteeism rate in Canada is 9.3 days and the employees in the organization take an average of 9 days per year.

While the initial data suggests that the organization does not have an absenteeism problem, the HR director's request to "drill down" and obtain more specific data on the absenteeism rates by sector and occupation is crucial. This is because while the average absenteeism rate in Canada may be 9.3 days, there could be significant differences in absenteeism rates across different industries and occupations. By obtaining more specific data, the organization can identify any potential problem areas and take appropriate measures to address them.

In conclusion, while the initial data suggests that the organization does not have an absenteeism problem, obtaining more specific data is necessary to fully determine if there are any problem areas that need to be addressed. By doing so, the organization can take appropriate measures to ensure that absenteeism rates remain within acceptable levels.

To know more about Statistics visit:
https://brainly.com/question/32201536
#SPJ11

How is the impact of seasonality removed from a times
series? Why is this important?

Answers

Seasonality refers to the pattern of fluctuations that occur on a regular basis within a specific period of time, such as a year. The seasonality impact can be removed from a time series using seasonal decomposition methods that break down a time series into its seasonal, trend, and residual components.

Once the seasonality impact is removed, it becomes easier to identify the underlying trend, detect any changes in the trend, and forecast future values. The importance of removing seasonality from a time series is to make the data more interpretable and to improve the accuracy of any statistical analysis or forecasting models that are used. Without removing seasonality, the data may appear to be more volatile than it actually is, making it difficult to identify any underlying trends.

Additionally, failing to remove seasonality can lead to biased estimates of model parameters, which can impact the accuracy of any forecasts that are generated. Therefore, removing seasonality is an important step in analyzing and forecasting time series data.

To know more about time series click here:

https://brainly.com/question/29818565

#SPJ11

Which of the following is (are) a benefit(s) of decentralization? Multiple Choice The other management can spend their time on issues that affect the company to nye strategize All alternatives represe

Answers

All alternatives represent a benefit of decentralization. Decentralization in management refers to the distribution of decision-making authority and responsibility across different levels and units within an organization.

This approach offers several benefits:

Empowering lower-level managers: Decentralization allows managers at lower levels to make decisions and take action more independently, enabling quicker responses to local needs and opportunities. This empowers managers to address issues that directly impact their units and make timely strategic decisions.

Enhancing organizational agility: By delegating decision-making authority, decentralization promotes faster response times and flexibility. Local managers have a better understanding of their specific markets and can adapt strategies accordingly, enabling the organization to be more agile in a dynamic business environment.

Promoting employee development: Decentralization provides opportunities for employee growth and development. When decision-making authority is decentralized, employees gain exposure to decision-making processes and develop critical thinking, problem-solving, and leadership skills.

Facilitating innovation and creativity: With decentralization, different units or departments can experiment and implement innovative approaches tailored to their specific needs. This encourages creativity and fosters a culture of innovation throughout the organization.

Overall, decentralization offers benefits such as efficient resource allocation, improved decision-making speed, better adaptation to local conditions, and increased employee engagement. However, it is important to strike a balance between centralization and decentralization based on the organization's specific goals, structure, and industry dynamics.

Learn more about decentralization here

https://brainly.com/question/29982132

#SPJ11

E(M) = -1 E(N) = -10 p = 0.5 sd(M) = 10 sd(N) = 2 What is the z-score for N when M = 19?

Answers

To calculate the z-score for N when M = 19, we need to use the given information about the means (E) and standard deviations (sd) of M and N.

The formula for calculating the z-score is:

z = (X - E) / sd

In this case, X represents the value of N and E represents the mean of N. Given that E(N) = -10, we can substitute this value into the formula.

z = (N - (-10)) / sd(N)

The standard deviation of N is given as sd(N) = 2, so we can substitute this value as well.

z = (N + 10) / 2

Now, we have the equation for the z-score in terms of N. To find the specific z-score for N when M = 19, we substitute M = 19 into the equation.

z = (19 + 10) / 2

z = 29 / 2

z = 14.5

Therefore, the z-score for N when M = 19 is 14.5. The z-score represents the number of standard deviations a data point (in this case, N) is away from the mean. A positive z-score indicates that the data point is above the mean.

To know more about standard deviations click this link-

https://brainly.com/question/29115611

#SPJ11

Riverbirch Corporation budgeted 4,000 pounds of direct materials to make 2,100 units of product. The company actually used 4,600 pounds of direct materials to make the 2,100 units. The direct materials quantity variance is $1,600 unfavorable. What is the Standard Price (SP) per pound of direct materials?

Answers

To determine the standard price (SP) per pound of direct materials, we can use the direct materials quantity variance formula:

Direct Materials Quantity Variance = (Actual Quantity - Standard Quantity) x Standard Price

Given that the direct materials quantity variance is $1,600 unfavorable, and the company used 4,600 pounds of direct materials instead of the budgeted 4,000 pounds, we can plug these values into the formula:

$1,600 = (4,600 - 4,000) x Standard Price

Simplifying the equation:

$1,600 = 600 x Standard Price

To find the standard price, we divide both sides of the equation by 600:

Standard Price = $1,600 / 600

Calculating this:

Standard Price = $2.67 per pound

Therefore, the standard price (SP) per pound of direct materials is $2.67.

Learn more about standard price (SP) here:

https://brainly.com/question/29559697


#SPJ11

Tesla Inc has a market return of 12 percent, a risk-free
treasury rate of return of 2.5 percent, and a beta of 1.8. Compute
Tesla’s share risk premium.
a. 4.5 percent. b. 9.5 percent. c. 17.1 percen

Answers

To compute Tesla's share risk premium, we need to subtract the risk-free rate of return from the market return and then multiply it by Tesla's beta.

Market Return = 12%

Risk-Free Rate = 2.5%

Beta = 1.8

Share Risk Premium = (Market Return - Risk-Free Rate) * Beta

Share Risk Premium = (12% - 2.5%) * 1.8

Share Risk Premium = 9.5% * 1.8

Share Risk Premium ≈ 17.1%

Therefore, the share risk premium for Tesla Inc is approximately 17.1%. So, the correct answer is c) 17.1 percent.

to know more about Tesla's share click this link -

brainly.com/question/30565018

#SPJ11

Hartford Bookstore is the bookstore on campus for students and faculty. The bookstore shows the following sales projections in units by quarter for the upcoming year. (Click the icon to view the unit

Answers

By aggregating the units anticipated for each quarter, the overall sales prediction for the following year is 26,000 units. Hartford Bookstore is the bookstore on campus for students and faculty. The bookstore shows the following sales projections in units by quarter for the upcoming year.

Quarter 1: 6,000 units

Quarter 2: 7,000 units

Quarter 3: 8,000 units

Quarter 4: 5,000 units

The total sales projection of units for the upcoming year will be: 6,000 + 7,000 + 8,000 + 5,000 = 26,000 units.

The given sales projections of Hartford Bookstore by quarter for the upcoming year are as follows:

Quarter 1: 6,000 units

Quarter 2: 7,000 units

Quarter 3: 8,000 units

Quarter 4: 5,000 units

Therefore, the total sales projection of units for the upcoming year will be:6,000 + 7,000 + 8,000 + 5,000 = 26,000 units.

So, We got 26,000 units as the total sales projection of units for the upcoming year by adding the units projected for each quarter.

Learn more about total sales projection: https://brainly.com/question/30793595

#SPJ11

Which category of statement of cash flows shows cash inflows and outflows that are related to investments by owners and borrowing from lenders? Select one: a. Cash flow from investing activities b. Cash flow from operating activities c. Cash flow from financing activities d. Cash flow from selling activities

Answers

The statement of cash flows is a financial statement that summarizes a company's cash inflows and outflows. It categorizes cash transactions into operating, investing, and financing activities. The cash flow from financing activities category specifically shows cash inflows and outflows related to investments by owners and borrowing from lenders.

The cash flow from financing activities category of statement of cash flows shows cash inflows and outflows that are related to investments by owners and borrowing from lenders.What is statement of cash flows?Statement of cash flows is a summary of a company's cash inflows and outflows. It classifies cash transactions into three categories: operating, investing, and financing. Cash flows generated from a firm's daily operations, such as revenue and expenses, are referred to as operating cash flows. Investing cash flows include buying and selling fixed assets such as property, equipment, and land. Financing cash flows include proceeds from loans, issuing or repurchasing stocks, or paying dividends.Cash flow from financing activities:Cash flow from financing activities is the net cash inflow or outflow from a company's financing activities. Cash inflows are generated when a company issues shares or borrows funds, while cash outflows are incurred when dividends are paid, debt is repaid, or treasury shares are repurchased. The cash flow from financing activities category of statement of cash flows shows cash inflows and outflows that are related to investments by owners and borrowing from lenders.

Learn more about  cash flow here :-

https://brainly.com/question/27994727

#SPJ11

As the price of a good 1 (on the horizontal axis) rises, the consumer will experience - a desire to consume a different bundle. - a decrease in utility. - a southwesterly movement on the indifference map. - All of the above

Answers

As the price of a good 1 rises, the consumer will experience a desire to consume a different bundle, a decrease in utility, and a southwesterly movement on indifference map. Therefore, the correct answer is "All of the above."

A consumer is an individual or entity that purchases and consumes goods or services to satisfy their needs and wants. In the context of economics, consumers play a central role in driving demand and influencing the market. They make choices and decisions based on factors such as price, quality, preferences, and budget constraints. Consumers are an integral part of the economic system as their spending patterns and behavior impact the overall production, distribution, and allocation of resources in the market.

Learn more about  consumer here;
https://brainly.com/question/29649674

#SPJ11

Compare the direct costs to the consumer of using a succession of
a. Twenty 100-W incandescent light bulbs with an efficiency to visible light of 10%, a lifetime of 1200 h, and a price of 50 cents each
b. Three compact fluorescent lamps giving the same illumination at 85% efficiency, a lifetime of 8,000 h, and a price of $2.75 each.
c. One LED lamp giving the same illumination at 90% efficiency, a lifetime of 24,000 h, and a price of $3.50 each. Assume a price of electricity of 10 cents per kWh

Answers

To compare the direct costs to the consumer of using different light bulbs, let's calculate the total costs for each option:

a. Twenty 100-W incandescent light bulbs:

Bulb cost: 20 bulbs * $0.50/bulb = $10

Electricity cost: Energy consumption = 100 Watts * 1200 hours = 120,000 Watt-hours or 120 kWh

Electricity cost = Energy consumption * Price of electricity = 120 kWh * $0.10/kWh = $12

Total cost: $10 (bulb cost) + $12 (electricity cost) = $22

b. Three compact fluorescent lamps:

Lamp cost: 3 lamps * $2.75/lamp = $8.25

Electricity cost: Energy consumption = 100 Watts * 8,000 hours = 800,000 Watt-hours or 800 kWh

Electricity cost = Energy consumption * Price of electricity = 800 kWh * $0.10/kWh = $80

Total cost: $8.25 (lamp cost) + $80 (electricity cost) = $88.25

c. One LED lamp:

Lamp cost: $3.50

Electricity cost: Energy consumption = 100 Watts * 24,000 hours = 2,400,000 Watt-hours or 2,400 kWh

Electricity cost = Energy consumption * Price of electricity = 2,400 kWh * $0.10/kWh = $240

Total cost: $3.50 (lamp cost) + $240 (electricity cost) = $243.50

In summary, the direct costs to the consumer for each option are:

Twenty 100-W incandescent light bulbs: $22

Three compact fluorescent lamps: $88.25

One LED lamp: $243.50

Therefore, option a) using twenty 100-W incandescent light bulbs has the lowest direct cost to the consumer.

To know more about costs visit-

brainly.com/question/4714041

#SPJ11

Question 3 The following is a summary from the cash book (bank column) Bridal Services for May 2020. May May RM RM 2020 2020 1 2,060 Payments 23,280 Balance b/d Receipts 22,660 31 Balance c/d 1,440 24

Answers

The above statement indicates that the cash book of Bridal Services was balanced on 31st May, and its closing balance was RM 1,440.

Payments made during the month of May totaled RM 23,280, and receipts for the same month were RM 22,660.

During the month of May 2020:

Payments totaled RM23,280.

Receipts totaled RM22,660.

The balance brought forward (b/d) from the previous period was RM2,060.

The closing balance (c/d) at the end of May 2020 was RM1,440.

So, the net cash balance for the month of May was negative RM 620 (i.e., payments less receipts).Therefore, this is the answer more than 100 characters.

To know more about closing balance visit:

brainly.com/question/32163507

#SPJ11

As a potential economist, you are given the following scenario for a fictional economy: Suppose the working-age population of a fictional economy falls into the following categories: 50 people have full-time employment; 25 have part-time employment; 15 people have part time jobs but are also actively looking for full time jobs, 20 do not have employment, but are actively looking for employment; and 10 people are stay at home parents. {Show all the steps including the relevant formulae & proper units} ALL CALCULATIONS ARE FOR THE OFFICIAL SIZE OF THE LABOR FORCE AND OFFICIAL UNEMPLOYMENT RATE. • (1) What is the size of Labor force • (2) What is the Unemployment rate

Answers

The size of the labor force in this fictional economy is 110, the unemployment rate in this fictional economy is approximately 18.18%.

(1) To determine the size of the labor force, we need to sum up all the individuals who are either employed or actively seeking employment.

Labor Force = Full-time Employment + Part-time Employment + Part-time Job Seekers + Unemployed

Labor Force = 50 + 25 + 15 + 20

Labor Force = 110

(2) The unemployment rate is calculated by dividing the number of unemployed individuals by the labor force and multiplying the result by 100 to express it as a percentage.

Unemployment Rate = (Unemployed / Labor Force) * 100

Unemployment Rate = (20 / 110) * 100

Unemployment Rate ≈ 18.18%

To learn more about labor force click here https://brainly.com/question/32177375

#SPJ11

4. [10 points) Provide 2 examples each for high goods content products, low goods content products, and products with equal amount of goods and services. 5. [10 points) Briefly explain what sustainability is. Describe the three perspectives of sustainability and how they affect organizations. Explain each perspective of sustainability and their effect on organizations with an example. (100-150 words). 6. (10 points) Briefly explain the difference between goods and services in 150-200 words. Your answer should explain at least 4 differences between goods and services.

Answers

Understanding these differences is important for businesses as it affects their operations, marketing strategies, pricing models, and customer experiences.

Examples of high goods content products:

Automobiles: Automobiles have a high goods content as they consist of tangible components such as the chassis, engine, tires, and various mechanical parts. The majority of the value and utility of an automobile comes from its physical goods.

Furniture: Furniture is another example of a high goods content product. It includes items such as sofas, tables, chairs, and beds that are primarily made up of physical materials. The quality and design of the materials used in furniture greatly contribute to its value.

Examples of low goods content products:

Consulting services: Consulting services, such as management consulting or financial advisory services, have minimal goods content. The primary value is derived from the expertise and knowledge of the consultants rather than tangible products. The deliverables are typically reports, recommendations, and strategic plans.

Examples of products with an equal amount of goods and services:

Restaurants: Restaurants offer a combination of goods (food and beverages) and services (serving, ambiance, customer service). While the food and drinks are tangible goods, the overall dining experience, including the atmosphere, waitstaff service, and customer interaction, constitutes the service component.

Sustainability refers to the practice of meeting present needs without compromising the ability of future generations to meet their own needs. It involves considering environmental, social, and economic factors to create a balanced and resilient system.

The three perspectives of sustainability are:

Environmental perspective: This perspective focuses on minimizing negative environmental impacts and preserving natural resources. Organizations that adopt environmental sustainability practices aim to reduce pollution, conserve energy, promote renewable resources, and implement waste management strategies. For example, a manufacturing company may invest in energy-efficient machinery and implement recycling programs to minimize its carbon footprint.

Social perspective: The social perspective of sustainability emphasizes the well-being and fair treatment of individuals and communities. Organizations with a social sustainability focus prioritize factors such as labor rights, community engagement, diversity and inclusion, and fair trade practices.

Economic perspective: The economic perspective of sustainability emphasizes the long-term viability and profitability of an organization. It involves sustainable financial practices, including responsible resource allocation, cost management, and long-term planning.

These perspectives of sustainability have a significant impact on organizations as they influence decision-making, resource allocation, and stakeholder relationships. By adopting sustainable practices, organizations can enhance their reputation, attract environmentally and socially conscious customers, reduce costs, and contribute to a more sustainable future.

Goods and services are two distinct categories in the realm of economic exchange. Goods refer to tangible, physical products that can be seen, touched, and consumed. Services, on the other hand, are intangible actions or tasks performed by individuals or organizations to satisfy the needs or wants of others. Here are four key differences between goods and services:

Production and Consumption: Goods are typically produced first and then consumed or used by the customer. They can be manufactured, packaged, and stored before being purchased. Services are often produced and consumed simultaneously.

Perishability: Goods are generally non-perishable or have a longer shelf life. They can be stored and sold at a later time. In contrast, services are perishable and cannot be stored or inventoried. Once a service is not utilized during its available time, it cannot be saved or resold.

Customization: Goods are usually standardized and mass-produced. While there may be some variation in color, size, or design, goods are generally produced with uniformity.

Understanding these differences is important for businesses as it affects their operations, marketing strategies, pricing models, and customer experiences. Organizations that offer both goods and services need to consider the unique characteristics of each category to effectively meet customer demands and deliver value.

To know more about Business visit:

https://brainly.com/question/18307610

#SPJ11

Break-Even Point Hilton Inc. sells a product for $95 per unit. The variable cost is $52 per unit, while fixed costs are $769,184. Determine (a) the break-even point in sales units and (b) the break-even point if the selling price were increased to $104 per unit. a. Break-even point in sales units units b. Break-even point if the selling price were increased to $104 per unit units

Answers

The break-even point if the selling price were increased to $104 per unit is 11,015 units.

To calculate the break-even point if the selling price were increased to $104 per unit, we need to use the same formula but with the new selling price:
Break-even point (units) = $769,184 / ($104 - $52) = 11,015 units
To calculate the break-even point in sales units, we use the formula: Break-even point = Fixed Costs / (Selling Price - Variable Cost).
With a selling price of $95 per unit and a variable cost of $52 per unit, the break-even point can be calculated as follows: Break-even point = $769,184 / ($95 - $52) = $769,184 / $43 = 17,888 units. Therefore, Hilton Inc. needs to sell 17,888 units to break even at the initial selling price.

If the selling price were increased to $104 per unit, the break-even point would change: Break-even point = $769,184 / ($104 - $52) = $769,184 / $52 = 14,800 units. In this case, Hilton Inc. would need to sell 14,800 units to break even with the higher selling price.

To know more about selling price visit:-

https://brainly.com/question/29511226

#SPJ11

CASE 1. ASSUME A MAJOR CANADIAN COMPANY HAD A BAD YEAR IN 2020, WHEN IT SUFFERED A $4.9 BILLION NET LOSS. THE LOSS PUSHED MOST OF THE RETURN MEASURE INTO THE NEGATIVE COLUMN AND THE CURRENT RATIO DROPPED BELOW 1.0. THE COMPANY'S DEBT RATIO IS STILL 0.27. ASSUME TOP MANAGEMENT IS PONDERING WAYS TO IMPROVE THE COMPANY RATIOS, IN PARTICULAR, MANAGEMENT IS CONSIDERING THE FOLLOWING TRANSACTIONS:

Answers

The term ratio refers to the relationship between two figures that are related in a particular manner. The financial ratio analysis of a company's financial statements involves comparing one item on the financial statement to another. The ratios are utilized to evaluate a firm's liquidity, profitability, leverage, and other key business metrics.Ratios can be classified into four categories: liquidity ratios, profitability ratios, solvency ratios, and market prospects ratios.

Companies use ratio analysis to obtain a more comprehensive understanding of their company's financial health.Liquidity ratios is utilized to evaluate a company's ability to meet its short-term debt obligations. A company's short-term liabilities are evaluated against its liquid assets with these ratios, which include its current assets and current liabilities. For instance, a current ratio of 1.5 indicates that a firm's current assets are 1.5 times its current liabilities. A ratio of less than 1 indicates that the company has inadequate liquid resources to meet its short-term financial obligations.Profitability ratiosProfitability ratios are utilized to evaluate a company's capacity to generate profits from its operations. They assess a company's profits against its costs, expenditures, assets, and equity. There are numerous ratios that businesses can use to evaluate their profitability. They provide investors with a clear picture of a company's profitability, growth, and success over time.The Solvency ratios are utilized to assess a company's long-term sustainability. They determine whether or not a company has the financial means to meet its long-term financial obligations. When a firm has too much debt, its solvency ratios are critical. In such circumstances, a company may be forced to default on its debt obligations, resulting in bankruptcy.Market prospects ratios are used to assess a company's ability to increase its market share and earnings per share. They take into account a company's stock price and financial performance. Investors use these ratios to determine whether or not a company is worth investing in.

In conclusion, financial ratios are critical metrics for assessing a company's financial condition. Companies can use them to evaluate their short-term liquidity, long-term solvency, profitability, and market prospects. Ratio analysis provides investors with a more comprehensive understanding of a company's financial health.

To know more about ratio visit:

brainly.com/question/30472461

#SPJ11

In contemporary economies, the Central Bank targets the policy rate rather than the supply of money. In the money market graph this implies O A positively sloped money supply curve OA perfectly horizontal money supply curve A perfectly vertical money supply curve O The money supply curve changes depending on the type of open market operations decided by the Central Bank

Answers

In contemporary economies, the Central Bank targets the policy rate rather than the supply of money. In the money market graph, this implies a perfectly horizontal money supply curve.

The Central Bank, also known as the monetary authority, has the task of regulating the economy's supply of money. Monetary policy, which includes activities such as adjusting interest rates and regulating the supply of money, is used by the Central Bank. Monetary policy involves the use of monetary tools to manage the supply of money and credit in the economy.The Central Bank targets the policy rate rather than the supply of money. To put it another way, monetary policy is used to control short-term interest rates, also known as the policy rate. The money market graph is a chart that shows the relationship between the supply of money and the demand for money. A perfectly horizontal money supply curve is depicted in this chart

.In summary, a perfectly horizontal money supply curve is shown in the money market graph when the Central Bank targets the policy rate instead of the money supply.

Learn more about money supply here:

https://brainly.com/question/3625390

#SPJ11

Amal received a Form 1099-DIV with a capital gain distribution of $250. Amal also received a Form 1099-B from the sale of 240 shares of AMS stock purchased for $3,700 plus a $36 commission fee on February 22, 2020. The net proceeds of the stock sale were $3,340 (the commission fee was $22) and the trade date was February 22, 2021. What are the amount and nature of Amal's gain (loss) on these transactions? Multiple Choice $374 short-term loss and $250 long-term galn $374 long-term loss and $250 short-term gain $396 long-term loss and $250 short-term gain $396 short-term loss and $250 long-term gain

Answers

The correct answer is $374 long-term loss and $250 long-term gain. The proceeds are less than the cost basis, Amal incurred a loss of $374 on the stock sale.

The amount and nature of Amal's gain (loss) on these transactions can be determined as follows:

Capital Gain Distribution:

Amal received a Form 1099-DIV with a capital gain distribution of $250. This capital gain distribution is considered a long-term gain since it is reported on Form 1099-DIV. Therefore, Amal has a $250 long-term capital gain.

Stock Sale:

Amal sold 240 shares of AMS stock. To calculate the gain or loss from the stock sale, we need to compare the proceeds from the sale to the cost basis.

Cost basis:

Purchase price of 240 shares of AMS stock: $3,700

Commission fee for the purchase: $36

Total cost basis: $3,700 + $36 = $3,736

Proceeds from the stock sale:

Net proceeds of the stock sale: $3,340

Commission fee for the sale: $22

Total proceeds from the sale: $3,340 + $22 = $3,362

To determine the gain or loss, we subtract the cost basis from the proceeds:

Gain (Loss) = Proceeds - Cost basis

= $3,362 - $3,736

= -$374

Since the proceeds are less than the cost basis, Amal incurred a loss of $374 on the stock sale.

In summary, the nature and amount of Amal's gain (loss) on these transactions are:

$374 long-term loss from the stock sale and $250 long-term gain from the capital gain distribution. Therefore, the correct answer is $374 long-term loss and $250 long-term gain.

Learn more about stock sale here

https://brainly.com/question/29346244

#SPJ11

Robert Jones has $100.000 invested in a2-stock portfolio. $48.000 is invested in Stock X and the remainder is invested in stock Y. X's beta is 1.65 and Y's beta is 0.78.
What is the portfolio's beta?
Please use excel

Answers

Amount invested in Stock X = $48,000Amount invested in Stock Y = Remainder Total amount invested = $100,000Beta of Stock X = 1.65Beta of Stock Y = 0.78.

To find: Portfolio's bet awe know that the formula for the portfolio's beta is: Portfolio's beta = (amount invested in stock X / Total amount invested) * Beta of Stock X + (amount invested in stock Y / Total amount invested) * Beta of Stock Using the given values, we get: Portfolio's beta = ($48,000 / $100,000) * 1.65 + (Remainder / $100,000) * 0.78We need to find the remainder which is the amount invested in stock Y. We can do that by subtracting the amount invested in stock X from the total amount invested: Remainder = Total amount invested - Amount invested in stock X= $100,000 - $48,000= $52,000.

Now we can substitute this value in the formula: Portfolio's beta = ($48,000 / $100,000) * 1.65 + ($52,000 / $100,000) * 0.78Calculating this expression using Excel, we get: Portfolio's beta = 1.191Therefore, the portfolio's beta is approximately 1.191.

Read more about amount invested here;https://brainly.com/question/29547577

#SPJ11

What is the relationship between city fuel economy and highway fuel economy?
What is the one car model with the lowest city and the lowest highway fuel economy? (HINT: To find an answer, it is required to put labels with the car model names.)

Answers

The relationship between city fuel economy and highway fuel economy:

City fuel economy is the average miles per gallon (MPG) achieved in city driving situations. These situations might involve frequent braking and accelerating, which can cause more fuel to be consumed. Highway fuel economy is the average MPG achieved when traveling at a consistent speed on a freeway or highway. This results in less fuel consumption than city driving because there is no stopping and starting, which requires more fuel.The one car model with the lowest city and the lowest highway fuel economy: The Mitsubishi Mirage ES is the car model with the lowest city and the lowest highway fuel economy. According to the US Department of Energy's Fuel Economy Guide for 2021, this car has a city fuel economy of 33 MPG and a highway fuel economy of 41 MPG. The second car with the lowest fuel economy is the Fiat 500 Pop, with a city fuel economy of 28 MPG and a highway fuel economy of 33 MPG.

To know more about MPG visit:

https://brainly.com/question/3783740

#SPJ11

In class, we discussed Microsoft's compensation strategy. Which of the following is true about Microsoft’s compensation strategy?
A.They tend to de-emphasize base wages generally
B. They heavily emphasize employee benefits
C.They have an egalitarian or flat organizational structure
D. They de-emphasize pay for performance

Answers

Microsoft's compensation strategy Microsoft's is characterized by de-emphasizing base wages and placing greater emphasis on incentives like bonuses, profit-sharing, and stock options. The company also provides additional benefits to employees, including health insurance, wellness programs, and tuition reimbursement.

Microsoft aims to create a positive work environment and support employees in achieving their personal and professional goals through various programs such as mentoring, coaching, and internal development opportunities.

Overall, the accurate statement regarding Microsoft's compensation strategy is that they generally de-emphasize base wages, opting for a more comprehensive approach that includes incentives and a range of benefits to attract and retain talent.

Read more about Microsoft's  strategies

https://brainly.com/question/29988586

#SPJ11

Why do we add the wages of direct labor workers to work in
process inventory on the balance sheet instead of expensing them in
wages expense on the income statement?

Answers

Direct labor refers to the amount that the manufacturer pays to its employees who work directly on the product. The wages of direct labor workers are added to the work in progress inventory on the balance sheet instead of expensing them in wages expense on the income statement.

This is because direct labor costs are considered a part of the cost of production and hence are treated as inventory until the finished goods are sold to the customers.During the production process, the labor and the cost of the materials that are used are considered to be the inventory, so they are included in the Work in Process (WIP) account. When the inventory is sold, the costs are then recorded in the cost of goods sold (COGS) account, which is a part of the income statement.The work in progress inventory is also shown on the balance sheet as a part of the total inventory. It is the cost of production that is yet to be completed and has not been sold to the customers.

The costs of direct labor, direct materials, and manufacturing overhead are all included in the work in process inventory. Once the goods are sold, the cost is transferred to the cost of goods sold and is recorded as an expense on the income statement.

To know more about Work in Process visit-

brainly.com/question/29322434

#SPJ11

Section A: Identify Project In 100-150 words, you should: > Identify a past or current personal or professional initiative classified as a project: > Provide the name of the initiative, and state if it is an ongoing or past initiative; and > Share any background to provide context on the initiative. Section B: Project Characteristics In 300-450 words, you should: Discuss the characteristics of the identified project in terms of purpose, process, change, scope. duration, and uniqueness of initiative. 20 D

Answers

Section A: Identify Project In my previous organization, I was part of a project called "Online Learning Platform" that aimed to provide a platform for the students to learn from the comfort of their homes.

The initiative was taken during the Covid-19 pandemic when the schools were shut down due to the lockdown. It was an ongoing initiative that started in March 2020. Section B: Project Characteristics The project was launched with the objective to provide students with the opportunity to continue their studies without any interruption. The purpose of the project was to ensure the continuity of learning process even during the lockdown. The project aimed to provide the best possible learning experience to the students using modern technology. The process involved was to build an online learning platform that is easily accessible and user friendly for the students. It included developing an online curriculum for each grade and making it available on the platform for the students to access. We also introduced interactive elements such as online quizzes, assignments, and chat support to enhance the learning experience. The project brought a significant change to the traditional teaching-learning process. It introduced a new way of learning that proved to be effective during the pandemic and even after the schools reopened. It was a unique initiative as it was the first time we had launched an online learning platform on such a large scale. The scope of the project was limited to providing an online platform for the students to learn. However, it required a significant amount of effort to ensure that the platform was up and running, and the students were satisfied with the learning experience. The project duration was six months, and it was completed on time without any major issues.

To know more about Online Learning Platform visit:

https://brainly.com/question/30917253

#SPJ11

Global climate change (global warming), due to the build-up of
greenhouse gasses, is a critical environmental and economic issue.
In your opinion, what policy can best minimize its damaging impact?
Us

Answers

There are several policies that can be implemented to minimize the damaging impact of global climate change. One effective policy is the implementation of a carbon tax.

A carbon tax is a tax on carbon emissions that would incentivize individuals and companies to reduce their carbon footprint. The revenue generated from the tax can be used to fund climate change mitigation efforts.

Another policy that can be implemented is the promotion of renewable energy sources such as solar, wind, and hydro power. Governments can provide incentives and subsidies for the adoption of renewable energy, as well as penalties for the use of fossil fuels.

Furthermore, international agreements and regulations can also be put in place to address global climate change. The Paris Agreement, for example, aims to limit global temperature increase to below 2 degrees Celsius above pre-industrial levels. Countries can work together to reduce their greenhouse gas emissions and achieve this goal.

Overall, a combination of policies and efforts are needed to minimize the damaging impact of global climate change. It is important for governments, businesses, and individuals to take action to address this critical environmental and economic issue.

To know more about climate change click here:

https://brainly.com/question/32532670

#SPJ11

Linkcomn expects an Earnings before Taxes of 750000$ every year. The firm currently has 100% Equity and cost of raising equity is 12%. If the company can borrow debt with an interest of 10% What will be the value of the company if the company takes on a debt equal to 60% of its levered value? What will be the value of the company if the company takes on a debt equal to 40% of its levered value? Assume the company's tax rate is 40% (Must show the steps of calculation)

Answers

To calculate the value of the company, we need to determine the levered value of the company first. The levered value is the value of the company with debt included. The value of the company with debt equal to 40% of its levered value is also $15,625,000.

Levered Value = Unlevered Value + Value of Debt

1. Debt equal to 60% of levered value:

The unlevered value is the value of the company without any debt, and we can calculate it using the formula:

Unlevered Value = Earnings before Taxes / Cost of Equity

Unlevered Value = $750,000 / 12% = $6,250,000

Now, we can calculate the value of debt as 60% of the levered value:

Value of Debt = 60% * Levered Value

Let's assume the levered value is X.

Value of Debt = 0.6X

The levered value can be expressed as the sum of the unlevered value and the value of debt:

Levered Value = Unlevered Value + Value of Debt

X = $6,250,000 + 0.6X

Now we can solve for X:

0.4X = $6,250,000

X = $6,250,000 / 0.4

X = $15,625,000

Therefore, the value of the company with debt equal to 60% of its levered value is $15,625,000.

2. Debt equal to 40% of levered value:

Using the same process as above, we can calculate the levered value when the debt is equal to 40% of the levered value.

Value of Debt = 40% * Levered Value

0.4X = $6,250,000

X = $6,250,000 / 0.4

X = $15,625,000

Therefore, the value of the company with debt equal to 40% of its levered value is also $15,625,000.

To know more about value of the company, click here: brainly.com/question/29733060

#SPJ11

Juliana invested $3,250 at a rate of 6.50% p.a. simple interest. How many days will it take for her investment to grow to $3,390? days Round up to the next day

Answers

To determine the number of days it will take for Juliana's investment to grow, we can use the formula for calculating simple interest: I = P * r * t, where I is the interest, P is the principal amount, r is the interest rate, and t is the time in years.

In this case, Juliana's initial investment is $3,250 and the desired amount is $3,390, so the interest earned would be $3,390 - $3,250 = $140. The interest rate is 6.50% or 0.065 in decimal form. We need to find the time in years, so we can rearrange the formula to solve for t: t = I / (P * r).

Substituting the values, we have t = $140 / ($3,250 * 0.065). Calculating this gives us t ≈ 0.06492 years. Since we want the answer in days, we need to convert this to days by multiplying by 365 (assuming a non-leap year). Therefore, the number of days it will take for Juliana's investment to grow to $3,390 is approximately 23.66 days. Rounded up to the next day, it would be 24 days.

Learn more about investment here : brainly.com/question/15105766

#SPJ11

Just give me answer
Question 21 2 pts If you deposit $7,752 every year in an account paying 8% per year, how much will you have saved in five years? Round to the nearest dollar.

Answers

In five years, you will have saved approximately $41,142. This calculation is based on depositing $7,752 every year in an account with an 8% annual interest rate.

Each year, you deposit $7,752, and the account earns 8% interest. After the first year, you will have saved $7,752. In the second year, the initial deposit plus the interest will yield a total of $8,376. This process continues for five years, resulting in a total savings of approximately $41,142.

learn more about :- dollar here

https://brainly.com/question/15169469

#SPJ11

A firm's long-term assets = $40,000, total assets = $220,000, inventory = $36,000 and current liabilities = $50,000. What are the firm's current ratio and quick ratio? (Round your answer to 1 decimal place.) Multiple Choice Current ratio = 8.6; quick ratio = 7.9 Current ratio = 3.6; quick ratio = 2.9 Current ratio = 13.6; quick ratio = 12.9 Current ratio = 6.1; quick ratio = 5.4

Answers

The firm's current ratio is 6.1, and its quick ratio is 5.4. The current ratio is calculated by dividing total current assets by current liabilities.  

In this case, we need to determine the firm's current assets. Current assets include inventory, which is given as $36,000, and current liabilities are stated as $50,000. To find the firm's total current assets, we subtract inventory from total assets. Therefore, the total current assets would be $220,000 - $36,000 = $184,000.

Using the current assets of $184,000 and current liabilities of $50,000, we can calculate the current ratio as follows:

Current Ratio = Total Current Assets / Current Liabilities

Current Ratio = $184,000 / $50,000

Current Ratio ≈ 3.7

Next, the quick ratio (also known as the acid-test ratio) is a more conservative measure that excludes inventory from current assets. The formula for the quick ratio is:

Quick Ratio = (Total Current Assets - Inventory) / Current Liabilities

Quick Ratio = ($184,000 - $36,000) / $50,000

Quick Ratio ≈ 3.6

Therefore, the firm's current ratio is 6.1, and its quick ratio is 5.4.

To learn more about current ratio refer:

https://brainly.com/question/31978776

#SPJ11

To what extent do you agree with this statement: "Entrepreneurs who get funding rarely keep total control."? Write an essay of about 200 - 250 words to answer the question. Give reasons for your answer and include any relevant examples from your own knowledge or experience

Answers

The statement "Entrepreneurs who get funding rarely keep total control" is true to some extent. In most cases, entrepreneurs have to give up a certain degree of control when they receive funding from venture capitalists (VCs), angel investors, or other sources.

The reasons why this happens and explore the extent to which entrepreneurs lose control of their companies when they receive funding.

Firstly, when entrepreneurs seek funding from VCs, they usually have to give up a percentage of their equity in the company. VCs invest in startups with the expectation of earning a return on their investment, which means they want to own a portion of the company's future profits.

This equity stake gives VCs a say in how the company is run, as they become partial owners of the business. VCs also have a financial interest in the company's success and may push the founders to pursue certain growth strategies or exit plans. This can lead to a loss of control for the entrepreneur.

Secondly, when entrepreneurs receive funding, they often have to give up board seats to the investors.

Board seats give investors a direct role in the management of the company. They can influence the company's direction by voting on key decisions like hiring a new CEO, raising additional funding, or pursuing an acquisition.

Finally, entrepreneurs who receive funding may also have to give up control over the day-to-day operations of the company. They may need to hire additional staff or executives to manage the growth of the business.

This can lead to a loss of control as the entrepreneur becomes less involved in the company's operations and decision-making process.

In conclusion, entrepreneurs who receive funding do indeed give up some degree of control over their companies.

Know more about the Entrepreneurs

https://brainly.com/question/353543

#SPJ11

thank you
QUESTION 5 [20 MARKS] (a) What are Milestones and how are they used to review progress in a project? [10 marks] (b) List some of the problems that may be encountered in the closure stage of a project.

Answers

(a) Milestones are significant points or events in a project that represent the completion of specific deliverables, the achievement of key objectives, or the occurrence of important project phases.

(b) Some of the problems that may be encountered in the closure stage of a project include:

Incomplete DeliverablesResource Constraints

Milestones refer to significant events or achievements that mark important stages or progress in a particular endeavor or journey. They serve as markers of progress, indicating the completion of a significant phase or the attainment of a particular goal.

Milestones can be found in various aspects of life, such as personal, professional, educational, or project-related. They help individuals or organizations track their progress, set targets, and celebrate accomplishments along the way. Examples of milestones can include completing a degree, reaching a certain sales target, launching a product, or celebrating a specific anniversary.

To know more about Milestones  refer to-

brainly.com/question/26869210

#SPJ4

Production or sales data may be used by HR as part of a
performance appraisal or compensation process, but they would
likely be provided from a non-HR module or system. This example is
related to (a)

Answers

The example provided is related to [(d) Both (a) and (b)] considering how other areas of business interface with human resources and whether the data could be calculated from existing system data.

The example given involves the use of production or sales data by HR for performance appraisal or compensation purposes. The question asks whether this example is related to considering how other areas of business interface with human resources (option a) or considering if the data could be calculated from data already in the system (option b).

The example illustrates both aspects. Firstly, it highlights how HR interacts with other areas of the business, specifically production or sales, by utilizing their data for performance appraisal or compensation processes. This demonstrates the integration and collaboration between HR and other departments in utilizing relevant information for HR-related decisions.

Secondly, the example suggests that the production or sales data would likely be provided from a non-HR module or system, indicating the consideration of whether the data can be calculated from existing system data. This implies the examination of data availability and integration between systems to streamline processes and avoid duplicating efforts.

Learn more about performance appraisal here:

https://brainly.com/question/29387354

#SPJ11

Here is the complete question:

Production or sales data may be used by HR as part of a performance appraisal or compensation process, but they would likely be provided from a non-HR module or system. This example is related to (a) consider how other areas of business interface with human resources (b)consider if it could be calculated from data already in the system

a. (b) only

b. Neither (a) nor (b)

c. (a) only

d. Both (a) and (b)

Other Questions
If an organization markets its products to different countries across Asia-Pacific using a communications strategy tailored to suit the specific country being targeted, what is the targeting strategy being used? Local O Undifferentiated O Concentrated Segmented please please please help me i could really use it if+the+depth+of+the+"pool"+is+1.25%,+the+bank+has+set+aside+1.25%+of+_______________to+offset+the+potential+charge-off+of+loans+in+the+future. Journal entries should be used for what types of transactions? Checks used to replenish Petty Cash Transactions for selling products to customers Adjustments to account balances at year-end Bills that Which of the following is not true of the Affordable Care Act (ACA)? A. Current law requires all companies with 50 or more workers to make health insurance available to workers who qualify. B. The ACA permits workers who are not covered by their companies to select from a number of qualified health insurance plans. C. The cost of ACA insurance policies is paid for entirely by the government. D. The ACA is controversial, and the Republican congress attempted to repeal it in 2017. Consider the deterministic Bewley model. There is an infinite time horizon and one good at each date. There are two agents, i = A, B, who evaluate consumption according to the function '. wh "ifX is a binomial random variable with expected value 12.35 andvariance 4.3225, what is P (X=8)If X is a binomial random variable with expected value 12.35 and variance 4.3225, what is P(X= 8)? a.0.0233 b.0.0232 c.0.0231 d.0.0230" Diamond Company is considering investing in new equipment that will cost $1,400,000 with a 10-year useful life. The new equipment is expected to produce annual inflows of 400,000 and annual outflows of 50,000. (ANSWER ALL PARTS OF THE QUESTION) Instructions 1. What is cash payback period? 2. If ther required rate of return is 12% - what is the NPV ? Excerpt of Factor Tables:PV of Annuity for (n)10 years at 12%: 5.65022 PV of Single Sum (n) 10 years at 12%: 24719 FV of Annuity for (n) 10 years at 12%: 17.54874 FV of Single Sum (n) 10 years at 12%: 4.045 Not long ago, writing a letter was a relatively common event. Nearly everyone who wanted to send a written message had to put it on paper. Kids at summer camp wrote letters to their parents. People on vacation sent postcards to friends and family. School officials mailed notes home to parents. Then came home computers and the Internet. They offered many options for communication. Almost overnight, many people began using e-mail instead of mailing letters. The change was so sudden that the U.S. Postal Service went from being a strong business to one that was short on money.Do It!New _________ changed communication patterns. Find the solution of the Neumann problem for the LaPlace equation\bigtriangledown ^2U(x,y)=0; U_{x}(0,y)=cos(4 \pi x)=U_x(4,y)=U_y(x,0)=U_y(x,4)On the square regionR={(x,y):x\varepsilon [0,4], y\varepsilon [0,4]} Which of the following is an advantage to private bond placement over public offerings?Higher interest costsGreater flexibility in negotiating termsHigher SEC registration feesLower interest costs Formulate and then solve a linear programming model of this problem, to determine how many containers of each product to produce tomorrow to maximize profits. The company makes four juice products using orange, grapefruit, and pineapple juice. Product Retail Price Per Quart Orange Juice $1.00 Grapefruit juice .90 Pineapple juice .80 All-in-One 1.10. The All-in-One juice has equal parts of orange, grapefruit, and pineapple juice. Each product is produced in a one-quart size (there are four quarts in a gallon). On hand are 400 gallons of orange juice, 300 gallons of grapefruit juice, and 200 gallons of pineapple juice. The cost per gallon is $2.00 for orange juice, $1.6 for grapefruit juice, and $1.40 for pineapple juice. In addition, the manager wants grapefruit juice containers to be no more than 30 percent of the number of containers produced. She wants the ratio of the number of containers of orange juice to the number of containers of pineapple juice to be at least 7 to 5. NOTE: You will need to use Excel Solver to be able to answer these questions. a. Which of the following are constraints in this problem? i. On hand are 400 gallons of orange juice, 300 gallons of grapefruit juice, and 200 gallons of pineapple juice. ii. The cost per gallon is $2.00 for orange juice, $1.6 for grapefruit juice, and $1.40 for pineapple juice. iii. In addition, the manager wants grapefruit juice containers to be no more than 30 percent of the number of containers produced. iv. She wants the ratio of the number of containers of orange juice to the number of containers of pineapple juice to be at least 7 to 5. iv. She wants the ratio of the number of containers of orange juice to the number of containers of pineapple juice to be at least 7 to 5. b. Use Excel Solver to obtain the optimal solution. c. If the amount of orange juice available goes up from 1600 quarts to 2000 quarts, does this change the optimal solution? If yes, by how much? d. If the selling price of one-quart-size container of pineapple juice goes up from $0.80 to $0.95, does the optimal solution change? Assume all the other parameters remain the same. e. If the recipe for the all-in-one juice is modified such that one fourth of it is orange juice, another one fourth is grapefruit juice and the remaining half of it is pineapple juice, what is optimal profit value? Current Attempt in Progress On January 1, Splish Brothers Corporation purchased a 35% equity interest in Lawton Company for $440.800. At December 31, Lawton declared and paid a $46,400 cash dividend and reported net income of $113.680. Prepare the necessary journal entries for Splish Brothers Corporation. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all Sebit entries before credit entries. Record journal entries in the order presented in the problem) Date Account Titles and Explanation Debit Credit An object of m-2 kg is suspended on the other end of the spring, which is suspended from one end to the ceiling and is in balance. The object is pulled X2=6 cm and released at t=0 at the zero initial velocity. Find the position, velocity, and acceleration of the object at any given t time. k=98N/m Animal species produce more offspring when their supply of food goes up. Some animals appear able to anticipate unusual food abundance. Red squirrels eat seeds from pinecones, a food source that sometimes has very large crops. Researchers collected data on an index of the abundance of pinecones and the average number of offspring per female over 16 years. The least-squares regression line calculated from these data is:predicted offspring = 1.4146 + 0.4399 (cone index) As the owner of a new fast food enterprise seeking a loan from a bank to finance the construction and operation of three new stores, you have been asked to provide the loan officer with a brief analysis of the competitive environment in fast food. List, explain, and provide an example for all of the elements that must be addressed (include each element from Porter's Model). b. Mr. and Mrs. Lovejoy are married with no dependent children. Mr. Lovejoy worked for Smart Tech Corporation January through March and for Computer Associates the remainder of the year. Mrs. Lovejoy finished her degree in November and immediately began as an associate with Smith and Weber. They report the following information:Mr. Lovejoys salary from Smart Tech $ 32,000Mr. Lovejoys salary from Computer Associates 142,000Mrs. Lovejoys salary from Smith and Weber 15,550Interest from savings account 700Itemized deductions 9,000Dividends 2,200i. Compute AGI.ii. Compute taxable income. How did President Reagan's increase in military spending affect how Americans viewed the government?A. Americans questioned the spending at first, but were soon convinced of its necessity.B.Anti-communist sentiment meant that the American people fully supported military spending.C.Most Americans were disappointed to learn that the spending did not improve military strength.D. Many people began to resent funds being diverted from social programs, which hurt the most vulnerable Americans. In a population, weights of females are normally distributed with mean 52kg and standard deviation 6kg. Weights of males are normally distributed with mean 75kg and standard deviation 8kg. One male and one female are chosen at random. (a) What is the probability that the male is heavier than 81kg? [3 marks] (b) What is the probability that the female is heavier than the male? (Hint: If X and Y are independent Normal random variables then, for every a,b R, ax + by has a Normal distribution.) [3 marks] (c) If the male is above average weight (75kg), what is the probability that he is heavier A marketer has designed a promotional campaign. He si advertising on television and radio, and had made adjustments to the sales force's compensation so it is aligned with the campaign goals. this marketer is:1- Utilizing a well-integrated promotional mix2- Achieving synergies that occur when multiple elements of the promotional mix are used together3- Developing a more cost-effective campaign that will simply advertise heavily.4- All of the above