The company would multiply each departmental overhead rate by and then together the allocated amounts from each department, the actual amount of the plantwide allocation based used by the job; multiply.
Overhead rate
The overhead rate is a cost that is incurred during the manufacturing of a product or service. Overhead expenditures, such as corporate office costs, are expenses that are not directly tied to production. An overhead rate is utilised to direct production expenses in order to allocate overhead costs by spreading or distributing overhead costs based on specific measures. For example, overhead expenses may be applied at a predetermined rate based on the number of machine or human hours necessary for the product.
Divide the indirect costs by direct costs and then multiply by 100 to get the overhead rate. If your overhead rate is 20%, it signifies that your company spends 20% of its sales on manufacturing or providing services. A reduced overhead rate means greater efficiency and profits.
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chris met ross for an informational interview about a job that ross has now listed as open. at the meeting, ross gave chris a document that describes exactly what the new employee would do, how they should do it, and why it's done that way. this document is typically called a .
Answer: job description
Explanation:
on december 31 spearmint, incorporated, issued $450,000 of 9 percent, 3-year bonds at a premium of $11,795. the bonds pay interest semiannually. spearmint uses the straight-line bond amortization method. the entry to record each interest payment includes a debit to bond interest expense for $18,284, a debit to premium on bonds payable for $1,966, and a credit to cash for $20,250.
The carrying value of the bonds at June 30, 2016, is equal to the par value of $450,000 plus the unamortized premium of $9,829 (or $11,795 less $1,966 in amortization), or $459,829.
What is meant by the straight-line bond amortization method?One approach to determine debt payback is by straight-line amortization. The fact that it allows the same amount of interest for each payment until the loan is repaid is its primary attribute. It does this by dividing the entire amount of interest due by the required number of installments.
A straightforward loan repayment strategy is straight-line amortization, often known as continuous amortization. The monthly principal payment remains the same during this procedure, but the monthly interest payment reduces as the loan's principal balance grows over time.
The carrying value of the bonds at June 30, 2016, is equal to the par value of $450,000 plus the unamortized premium of $9,829 (or $11,795 less $1,966 in amortization), or $459,829.
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the new fund had average daily assets of $3.4 billion in the past year. new fund’s expense ratio was 2.3%, and its management fee was 1.5%. required: a. what were the total fees paid to the fund’s investment managers during the year? (enter your answer in millions rounded to 2 decimal places.)
The overall fees paid to the fund's investment managers for the year were 51 million.
What do investment managers do?Implementing an investment plan and overseeing a fund's trading activity are the responsibilities of a fund manager. They supervise analysts, monitor mutual funds or pensions, carry out research, and make crucial financial decisions.
What do fund manager fees entail?An investment manager will charge a management fee in exchange for administering an investment fund. In order to reward the managers for their time and knowledge spent choosing stocks and overseeing the portfolio, a management fee is used.
In the above question,
Asset= $3.4 billion
ratio of management fees= 1.5%
total fees = $3.4 billion X 1.5%
= $51 million
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A public relations team can do which of the following for a person or an organization?
A. Force a person or organization to issue an apology for doing something wrong.
B. Determine whether a person is guilty in the eyes of the public.
C. Build relationships between an organization and the general public. ^CORRECT ANSWER
D. Decide to fire a player or managers after making controversial remarks.
Build relationships between an organization and the general public for a person or an organization. A corporation or organization's Public relations is created and maintained by public relations professionals. They produce material.
Such as press releases and social media posts, that influence public perception of the business or organization and raise brand recognition. Several decades later, a more up-to-date definition of public relations was created; it is still in use today. It states: "Public relations is a strategic communication process that establishes mutually beneficial connections between corporations and their publics. Public relations tactics enable the brand to take advantage of opportunities.
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Grande company had credit sales of $20,000 in the current period. Accounts receivable had a beginning balance of $4,000 and an ending balance of $5,000. Compute its cash collections from its credit sales for the current period.
If Grande company had credit sales of $20,000 in the current period and the accounts receivable had a beginning balance of $4,000 and an ending balance of $5,000. its cash collections from its credit sales for the current period is : $19,000.
Cash collectionUsing this formula to determine the cash collection
Cash Collections from Customers = (Beginning Balance of Accounts Receivables + Credit Sales) - Ending Balance of Accounts Receivables
Let plug in the formula
Cash collection =($4,000 + $20,000) - $5,000
Cash collection = $24,000 - $5,000
Cash collection = $19,000
Therefore we can conclude that the cash collection is the amount of $19,000.
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What is true about money?
a - Money maintains purchasing power over time.
b - Money stays at the same value over time.
c - Money does not provide a standard unit of measurement.
d - Money retains the same value permanently.
Option (a) Money maintains purchasing power over time is correct.
The statement "Money maintains purchasing power over time." is true about money.
What is purchasing power?The number of goods and services that can be bought with one unit of currency is known as the purchasing power. The worth of a currency is measured by the quantity of products or services that it may be used to purchase. Over time, inflation may cause it to weaken. That's because you may buy fewer products or services as a result of increased prices. The purchasing power of a single US dollar has changed, for instance, if you buy a can of soda for one US dollar one year, but the next year, the same can of soda costs two dollars.Since real income refers to income that has been inflation-adjusted, a greater real income translates to a better purchasing power.Learn more about purchasing power here:
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Answer: a.) - Money maintains purchasing power over time.
Hope this helps :)
ellie is crafting strategy for her online business. she is currently involved in tactical planning and she is examining the next six months. this time period would be considered .
If Ellie is crafting strategy for her online business. She is currently involved in tactical planning and she is examining the next six months. This time period would be considered short range.
What is tactical planning?Tactical planning can be defined as the kind of planning in which a person tend to find ways of turning that long term plan into a short term plan and then work toward achieving the plan.
The time period would be considered short range because she is planning to achieve her set goals in the next six month.
Therefore we can conclude that she is engaging in tactical planning be wanting to achieve her set goals in a short time frame.
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the tenant leases a heated apartment, but the landlord fails to provide heat because of a defective central heating plant. the tenant vacates the premises and refuses to pay any rent. this is an example of:
The tenant leaves the property without making any rent payments. This is an illustration of constructive eviction.
What is constructive eviction?Constructive eviction seems to be a term used in real estate law to indicate when a landlord forgoes the official, legal eviction process and instead tries to evict the tenant by making the property uninhabitable. When a tenant is effectively kicked out of their apartment, they have the right to end the contract and sue for compensation.
Which one of the following represents a constructive eviction?The absence of electricity, running water, or wintertime heating on the property are common instance of constructive eviction. The tenant has no further contractual responsibilities under the lease once constructive eviction has taken place, which releases them from their responsibility to pay rent.
What exactly is a California constructive eviction?According to California landlord-tenant law, a tenant is considered to have been constructively evicted when the living circumstances are so appalling that neither reasonable person could accept them and/or risk their health by staying there. In such cases, the renter is forced to leave the property.
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The fast food industry, which uses logos and branding to
sell products, can be best classified as which of the
following?
a. Monopoly
b. Monopolistic Competition
C. Perfectly Competitive
d. Oligopoly
Answer:
Monopolistic Competition
Explanation:
searched it up :)
which are characteristics of a continuous process line? multiple select question. may operate 24 hours a day. highly automated machinery is used. shutdowns can be expensive. product is moved from one workstation to the next workstation in a sequence of events.
The characteristics of a continuous process line are:
May operate 24 hours a day.Highly automated machinery is used.Shutdowns can be expensive.Continuous production is a sort of production system wherein substances being processed are constantly in motion.
Non-stop manufacturing, like mass production, is a flow production approach. At some stage in continuous processing, distinct parts flow from one gadget to the next to make a finished product.
A process that operates on the premise of non-stop glide, in preference to batch, intermittent, or sequenced operations.
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you have 30 years left until retirement and want to retire with $1.8 million. your salary is paid annually, and you will receive $68,000 at the end of the current year. your salary will increase at 3 percent per year, and you can earn a return of 9 percent on the money you invest. if you save a constant percentage of your salary, what percentage of your salary must you save each year
If you save a constant percentage of your salary, the percentage of your salary that must you save each year is 19.4%
What is a percentage?The percentage is a portion or ratio of a whole data set.
Percentages are represented by the percent symbol (%).
It is a proportional value and always expressed over 100.
N (# of periods) = 30 years
I/Y (Interest per year) = 9%
PV (Present Value) = $0
FV (Future Value) = $1,800,000
Results:
Annual Savings = $13,205.43
Percentage of savings to annual salary at a constant value = 19.4% ($13,205.43/$68,000 x 100)
Sum of all periodic payments = $396,162.98
Total Interest = $1,403,837.02
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information provides the foundation on which supply chain processes execute transactions and managers make decisions. list and describe four (4) supply chain macro processes.
The component of supply chain macro processes are material flow, information flow, and financial flow. Each component of supply chain is related to each other.
(Supply Chain Management) or also known as SCM can be described as the management and supervision of the cycle chain, starting from the channel of material or raw goods, payments, information from suppliers to producers, wholesalers to retailers, until finally reaching the hands of buyers.
Supply chain processes are:
Material FlowInformation FlowFinancial flowComponents of Supply Chain Management
Upstream Supply Chain, Upstream supply chain management that takes care of the distribution of goods between companies and vendors or other parties in charge of distributing goods.Downstream Supply Chain, that can be defined as a management that takes care of all transfers of goods from the company directly to the hands of consumers.Internal Supply Chain, Internal supply chain management can be defined as a management related to goods entry activities.Here to learn more about Supply Chain Management brainly.com/question/18850093
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apart from setting goals to improve employee productivity, blue chemicals inc. plans to introduce social service programs in which employees can participate. which feature of a smart2 goal can be observed in this scenario?
Feature of a smart2 goal can be observed in this scenario is meaningful.
‘SMART’ can be defined as an acronym that stands for Specific, Measurable, Achievable (or Attainable), Relevant, and Time-bound. SMART goals meet all 5 of these criteria — and, as a result, focused, are strategic, and actionable.
Features of SMART, such as:
Specific, can be defined as the goal should be very precise with no room for misinterpretation.Measurable, can be defined as the goal should be quantifiable, and progress should be easy to track.Achievable, can be defined as the goal should be attainable — not outlandish or unrealistic.Relevant, can be defined as the goal should contribute to your broader, overarching goals.Time-bound, can be defined as the goal should have a defined start and end date.Learn more about SMART goals here https://brainly.com/question/4939309
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your grandparents would like to establish a trust fund that will pay you and your heirs $115,000 per year forever with the first payment one year from today. if the trust fund earns an annual return of 2.2 percent, how much must your grandparents deposit today?
They must deposit $5,227,272.73 if the trust fund will pay $115,000 per year and the trust fund earns an annual return of 2.2%.
The amount to be deposited today can be considered as the present value that can be described as the current figure of a future sum of money or stream of cash flows provided a specified rate of return.
The amount to be deposited or in other words, the present value can be calculated by using the formula for present value;
PV = Annual cash flow / Interest rate
Substituting the given values of annual cash flow and interest rate in this formula;
PV = $115,000 / 0.022
PV = $5,227,272.73
Therefore, the amount that has to be deposited today by them is calculated to be $5,227,272.73
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Upon graduating from college, annie needed to decide which city she wanted to live in, what kind of job to look for, whether to apply to graduate school now or later, what to do about her lease that was going to expire in three months, and whether to trade-in her car. What would you advise annie to do first in her decision-making process?.
As Annie is planning for the career, she need to list all the decisions she needs to make. Option B is the correct option as the first step in her decision-making process is listing all the decisions.
What is the significance of the decision making process?Decision making refers to the process of making choices by identifying a decision, gathering different information, and assessing best alternative resolutions.
Decision making process plays a very significant role in an individual's life as it help them to make thoughtful decisions by organizing relevant information and defining alternatives.
Basically, there are five major steps involved in the decision making process and these steps are the define, identify, assess, consider, implement, and evaluate.
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Complete question:- What would you advise annie to do first in her decision-making process?
1). Organize her decisions as strategic, significant or quick
2). List the decisions she needs to make
3). Characterize the complexity and magnitude of decision
4). Note the time for each decision
for a given before-tax rate of return, the longer the taxpayer defers distributions from a traditional defined contribution plan, the (higher/lower) the taxpayer's after-tax rate of return because deferring the distribution (increases/decreases) the present value of the taxes paid on the distribution.
The higher the taxpayer's after-tax rate of return because deferring the distribution decrease the present value of the taxes paid on the distribution.
The required details about tax rate is mentioned below.
The tax rate in a tax system is the ratio (typically represented as a percentage) at which a business or individual gets taxed. A tax rate can be presented in numerous ways: statutory, average, marginal, and effective. These rates can also be provided using two types of tax base definitions: inclusive and exclusive.
A sales tax may have a flat statutory rate while an income tax may have numerous statutory rates for different income levels.
The statutory tax rate is always higher than the effective tax rate because it is expressed as a percentage.
The average tax rate is the ratio of total taxes paid to total tax base.
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let f be an rv that represents the operating temperature in fahrenheit of one instance of a manufacturing process, and let f ∼ n(90, 5 2 ). let c be an rv that represents the same process, but measured in celsius. fahrenheit can be converted to celsius using c
The random variable that represents the operating temperature in Celsius is c ∼ n(32.2, 28.9)
Random variable f ∼ n(90, 52 ) means it is a normal distribution variable with mean 90⁰F and standard deviation 52.
To convert it to Celsius, first convert the mean using:
C = 5/9 × (F - 32)
= 5/9 × (90 - 32)
= 32.2
The standard deviation 52 reflects the variation of the scale reading. Since in Fahrenheit reading the scale is divided into 180, while in Celsius it is divided into 100, then the proportional standard deviation in Celsius scale is:
5/9 × 52 = 28.9
Hence, the random variable in Celsius will be c ∼ n(32.2, 28.9)
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A company’s hr department is overwhelmed with a constant flood of résumés submitted through its website and in response to the ads it places for job vacancies. Derrick, the department’s manager, is concerned that the company will overlook excellent candidates because employees don’t have time to carefully evaluate or remember all the applicants. How might an applicant-tracking system help the department?.
When it is about the help that will be provided by an applicant-tracking system in the given situation is by matching data in résumés against the company’s selection criteria and storing records for future searches. Hence, Option C is correct.
What is the applicant-tracking system?
An application tracking system (ATS) is software that allows employers and recruiters to keep track of applicants during the hiring and recruiting process.
A software programme called an application tracking system (ATS) automates administrative tasks in hiring and recruiting. An ATS, for instance, makes it possible to schedule interviews more quickly, advertise jobs more easily, optimise referrals, automate processes, and more.
Therefore, Option C is correct.
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The complete question has been attached in text form:
A company’s HR department is overwhelmed with a constant flood of résumés submitted through its website and in response to the ads it places for job vacancies. Derrick, the department’s manager, is concerned that the company will overlook excellent candidates because employees don’t have time to carefully evaluate or remember all the applicants. How might an applicant-tracking system help the department?.
Multiple Choice
by contacting candidates and inviting them to visit Mega for an interview with HR staffers
by comparing a few keywords in job descriptions with the content of applicants’ résumés to find an exact match
by matching data in résumés against the company’s selection criteria and storing records for future searches
by making decisions about which of the candidates the company should hire for each position
by repeating a selection process that is familiar
the following adjusted trial balance at december 31 of wilson trucking company. account title debit credit cash $ 8,000 accounts receivable 17,500 office supplies 3,000 trucks 172,000 accumulated depreciation—trucks $ 36,000 land 85,000 accounts payable 12,000 interest payable 4,000 long-term notes payable 58,000 common stock 30,000 retained earnings 140,000 dividends 20,000 trucking revenue 130,000 depreciation expense—trucks 23,500 salaries expense 61,000 office supplies expense 8,000 interest expense 12,000 totals $ 410,000 $ 410,000
Based on the given information, WILSON TRUCKING COMPANY's Net income equals to $25,500.
What is an Income Statement?It is a financial statement that shows a company's revenues, expenses and profitability over a period of time. It is also known as profit-and-loss statement which shows revenue from selling products or services and expenses used to generate the revenue and manage your business.
WILSON TRUCKING COMPANY
Income Statement
For Year Ended December 31, 2015
Revenues
Trucking fees earned $130,000
Expenses
Depreciation expense—Trucks $23,500
Salaries expense $61,000
Office supplies expense $8,000
Repairs expense—Trucks $12,000
Total expenses $104,500
Net income $25,500
Missing words "The Retained Earnings account balance is $155,000 at December 31, 2014. Prepare the income statement for the year ended December 31, 2015."
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as a project manager, you identified a process-based problem you’d like to improve. before implementing a solution, you conduct performance metrics and data collection. this establishes baseline data that will determine success. what dmaic step did you apply?
The measure is the DMAIC step that I will use.
What steps makeup DMAIC?A data-driven quality technique called Define, Measure, Analyze, Improve, and Control (DMAIC) is used to enhance processes. The five steps of the procedure are denoted by the letters in the acronym.
What is the DMAIC's primary objective?DMAIC's primary objective is to get rid of costly variations in production and commercial processes. The use of the DMAIC (Deh-May-Ick) framework is one of the finest strategies to steadily improve your business processes.
What does a project manager do?A project manager is in charge of the project's planning, acquisition, implementation, and conclusion. The project manager is in charge of the entire undertaking and manages every aspect of it, including the project scope, the project team, and the resources allotted to it.
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in 2008, the united states began to witness one of the worst recessions since the 1930s. the collapse of the housing bubble in 2006 led to a massive decline in real estate prices, affecting consumers and institutions, especially banking and financial entities. severe liquidity shortfalls in the united states as well as other global markets led to a serious credit crisis. during the credit crisis of 2008–2009, several banks and other businesses went through a reorganization process or were forced to liquidate. consider the following statement: in may 2009, general motors started closing 2,600 of its retail outlets and finally filed for bankruptcy in june. it emerged from the bankruptcy protection by july 2009 after it received funding from the u.s. government, the canadian government, the united automobile workers union, and gm bondholders.
Given that the business has been able to get out of the stage of bankruptcy through the help of funds that it has gotten from the institutions that have been listed here, we would say that they are in reorganization
What is bankruptcy?This is the term that is sued to refer to the financial state that individuals as well as businesses may have to face where they would be unable to pay the outstanding debts that they have accrued as they engage in business.
This is the stage the company general motors entered.
What is reorganization?This is the term that is used to refer to the ways that businesses that have been faced with certain situations are able to pick up after they have faced a situation that almost led them to close their operations.
This is the state that general motors has entered after they are able to get the business back in operation through the help of the union and the governments.
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Complete question
United States began to witness one of the worst recessions since the 1930s. The collapse of the housing bubble in 2006 led to a massive decline in real estate prices, affecting consumers and institutions, especially banking and financial entities. Severe liquidity shortfalls in the United States as well as other global markets led to a serious credit crisis.
During the credit crisis of 2008-2009, several banks and other businesses went through a reorganization process or were forced to liquidate. Consider
the following statement
In May 2009, General Motors started dosing 2.600 of its retail outlets and finally filed for bankruptcy in June. It emerged from the bankruptcy protection by July 2009 after it received funding from the U.5. government, the Canadian government, the United Automobile Workers Union, and GM bondholders
This is an example of
Oreorganization
O Squidation
prepare a multiple-step income statement that includes separate categories for net sales, cost of goods sold, selling expenses, and general and administrative expenses.
Broadly, the income assertion indicates the direct, indirect, and capital fees an enterprise incurs. Beginning with direct, the top line reviews the level of revenue a company earned over a particular time body. It then shows the prices at once related to earning that sale.
Here are the stairs you want to follow to create a more than one-step income declaration for your business.
Select Your Reporting length. Create a document Header. Upload running sales. Add working expenses. Calculate Gross earnings. Calculate operating income. Upload Non-operating revenues and charges. Calculate internet income.Multi-step profits statement items include sales, fees of products sold, and expenses, which are calculated to arrive at internet income.
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A korean steel company produces steel in the united states, with some of its steel being exported to other nations and some of it being sold within the united states. If the prices of this steel increase, then.
If the prices of this steel increase, then the GDP deflator and CPI will both increase.
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a local government operates a city recreation center with a pool and tennis courts. the center is financed through $50 annual membership fees (required for members to use it). this type of financing is an example of a
A city recreation center featuring a pool and tennis courts is run by the municipal administration. The center is supported through $50 yearly membership fees (required for members to use it).
An illustration of a user charge is this form of financing.
What is the DCA approach?
The practice of investing a set dollar amount on a regular basis, independent of the share price, is known as dollar cost averaging. It's a terrific method to form a disciplined investing habit, increase your investment efficiency, and possibly reduce your stress—as well as your expenses.
Use dollar cost averaging when?
Dollar-cost averaging can be quite effective during bad markets and recessions. If you commit to this technique, you will invest when the market or a stock is down, which is when buyers may be able to find the best bargains.
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suppose you’re consulting for a bank that’s concerned about fraud detection, and they come to you with the following problem. they have a collection of n bank cards that they’ve confiscated, suspecting them of being used in fraud. each bank card is a small plastic object, containing a magnetic stripe with some encrypted data, and it corresponds to a unique account in the bank. each account can have many bank cards
The answer to their question that each account can have many bank cards with only O(n log n) invocations of the equivalence tester is T(n) 2T(n/2)+2n O(n log n).
What you mean by Bank Card?
A bank card is often a plastic card that is given to a customer and performs one or more tasks related to enabling the customer access to their bank account.
ALGORITHM:
//Define the function to test the equivalent card.
TestingEquivalence(Set of the cards s_cards
m = |s_cards|
//Check the value of m to be 1.
if m == 1
//Return only one of the card.
return one card.
//Check the value of m to be 2.
if m == 2
//Since, the first and the second card are same.
//Therefore, return a card.
one_card and second_card is same
return one_card
//Consider set1 to be the set of the first half cards.
//Consider set2 to be the set of the second half cards.
//Check whether the cards of the set1 are equivalent.
if TestingEquivalence(set1)
//If the cards are equal in set1 then we have to return a card.
return a card of set1.
//Compare between the returned card with the set of the s_cards.
//Check whether the cards of the set2 that are equivalent.
if TestingEquivalence(set2)
//If the cards are equal in set2 then we have to return a card.
return a card of set2.
//Compare again the returned card with the set of the cards s_cards.
//Return that card, if found for which the count of the equivalent card is more than half of //the cards in set s_card
The algorithm is valid if at least half of the cards are equal. After splitting the set into two parts, at least one of them contains the majority of the comparable cards, yielding the total set of majority equivalent cards. The card with the majority of the equivalence will be the result of the two recursive calls.
Therefore recurrence relation for the algorithm is T(n) 2T(n/2)+2n O(n log n).
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Complete Question
Suppose you're a consultant for a bank concerned with fraud detection, and they come to you with the following issue. They have a collection of n bank cards that they have confiscated because they are suspected of being used in fraud. Each bank card is a small plastic object that contains a magnetic stripe with encrypted data and corresponds to a specific bank account. Each account can have multiple bank cards associated with it, and two bank cards are equivalent if they are associated with the same account. Although reading the account number directly from a bank card is difficult, the bank has a high-tech "equivalence tester" that takes two bank cards and, after performing equivalent. Their question is this: is there a set of more than n/2 cards in the collection of n cards that are all equivalent to one another? Assume that the only thing you can do with the cards is select two of them and plug them into the equivalence tester. Show how to answer their question with only O(n log n) equivalence tester invocations. some calculations that determine whether they are.
you are conducting a cost-benefit analysis for a federal highway project. the hourly wage for construction workers on this project is $17.50 per hour. these workers could have earned $12.75 in other jobs in the community and will spend 1 million hours completing the highway project. what is the total labor cost associated with this project? group of answer choices $17.5 million $30.25 million $4.75 million $12.75 million
Using the wages approch we assume that people couls have used that time for working instead of being in traffic.
since the value of hourly wage in the community is $16.80per hour.
and the time savings = 100000 hours.
so, the value assigned to reduced driving time= 16.8*100000
= 1680000.00 ans.
Determine whether or not or now no longer the necessities in the guideline of thumb are really well worth the value it might take to enact the ones necessities. Make a listing of one-time or ongoing charges (charges are primarily based totally on marketplace expenses or research).
The predominant intention of value-advantage evaluation is to decide whether or not it's miles really well worth venture a task or task. This choice is made through accumulating statistics at the charges and advantages of that task.
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a company purchased two identical inventory items. the first was purchased in october for $100 and the second in november for $110. one item was sold to a customer in december for $150. the cost flow method that will result in the lowest gross margin is .
The cost flow method that will result in the lowest gross margin is last in, first out.
What is a cost flow method?According to the inventory cost flow assumption, an inventory item's cost varies depending on when it is built or acquired and when it is sold. Management requires a formal system for allocating costs to inventory as they develop into sellable goods due to this cost disparity.
Because the flow of costs out of inventory does not have to correspond to how the items were physically removed from inventory, FIFO, LIFO, and average are cost flow methods.
"Last-In, First-Out" is the abbreviation for LIFO. It is a technique used in the calculation of cost of goods sold to support cost flow assumptions. The LIFO method presupposes that the most recent items added to a company's inventory have been sold first. The costs that were paid for those recent products are the ones that were used in the calculation.
As $100 sold at %150 is more profit as it makes %50
and %110 sold at %150 is less profit as it makes %40
There for LIFO methods will result in the lowest gross margin
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the main distinction between applied and basic business research is that the former is specifically aimed at solving a currently experienced problem,whereas understanding of phenomna and problems that occurs in various organizational settings
Instead than trying to find a solution, basic research concentrates on knowledge expansion. Applied research, on the other hand, focuses its efforts on identifying a solution to a particular issue. When conducting applied research, researchers frequently seek to fulfill the needs of a client.
What do you mean by business research?Business research is the process of gathering thorough knowledge on all business-related topics and applying that information to increase sales and profit for the company. Such a study aids businesses in identifying the most profitable or popular product or service.
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requirement 2. what are the job costs of the laguna model and the mission model using (a) normal costing and (b) actual costing? (a) identify the formula to calculate the indirect costs under normal costing and then calculate the indirect costs for each model.
Rates are based on costs experienced in the Laguna and Mission models under actual costing, whereas rates are based on expected total production efficiency under normal costing.
a) Budgeted Direct Labor Hours/Budgeted Indirect Cost Rate (a) Budgeted indirect expenditures come to $8 million.
Hours of Direct Labor Budgeted (DLB) = 135,000 Rate of Budgeted Indirect Costs: $8,100,000/135,000 hours = $60 per DLH
b) Calculating Indirect Costs The total of all direct costs (-) less any expenses that are exempt from IDC charges yields the Base Amount.
Formula:
Total indirect costs are equal to (Base Amount) x (Indirect Cost Rate).
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when jo and nadia opened their bakery in a small rural midwestern town, they knew that their limited customer base could be a problem. to attract more customers, they created character cookies for children, cupcakes for teenagers’ birthday and graduation parties, and cakes for weddings and anniversaries. they even designed a special "welcome" cake for seniors moving to senior living centers. jo and nadia used differentiated target marketing to reach their customers.
The statement "Jo and Nadia used differentiated target marketing to reach their customers." is a true statement
This is further explained below.
What is target marketing?Generally, A serviceable achievable market (also known as a target market) is a set of consumers within a firm's serviceable accessible market that a business directs its marketing efforts and resources towards.
Another name for this kind of market is a target market.
A specific segment of the overall market for a product or service is referred to as the target market.
When marketing their goods or services, businesses often have certain groups of people in mind, known as target markets, to whom they direct their marketing efforts.
Companies employ target markets to get an in-depth understanding of their prospective clients and to develop marketing strategies that assist them in meeting their business and marketing goals.
In conclusion, The assertion that "Jo and Nadia employed distinct target marketing to reach their clients" is a statement that can be verified as being accurate.
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CQ
when jo and Nadia opened their bakery in a small rural midwestern town, they knew that their limited customer base could be a problem. to attract more customers, they created character cookies for children, cupcakes for teenagers’ birthday and graduation parties, and cakes for weddings and anniversaries. they even designed a special "welcome" cake for seniors moving to senior living centers. jo and Nadia used differentiated target marketing to reach their customers.
True or false