The method that would probably be used to estimate the amount of inventory lost if a company’s inventory was destroyed by fire but the accounting records were saved is gross profit method.
The gross profit method can be described as the estimate value of inventory by applying the company's historical gross profit percentage to current‐period information about the cost of goods available for sale and net sales. Gross profit equals net sales minus the cost of goods sold., so the formula of gross profit method is:
Gross Profit = Revenue – Cost of Goods Sold
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the following financial statements and additional information are reported. ikiban incorporated comparative balance sheets at june 30 2021 2020 assets cash $ 102,700 $ 52,000 accounts receivable, net 77,000 59,000 inventory 71,800 98,500 prepaid expenses 5,200 7,000 total current assets 256,700 216,500 equipment 132,000 123,000 accumulated depreciation—equipment (31,000) (13,000) total assets $ 357,700 $ 326,500 liabilities and equity accounts payable $ 33,000 $ 42,000 wages payable 6,800 16,600 income taxes payable 4,200 5,400 total current liabilities 44,000 64,000 notes payable (long term) 38,000 68,000 total liabilities 82,000 132,000 equity common stock, $5 par value 236,000 168,000 retained earnings 39,700 26,500 total liabilities and equity $ 357,700 $ 326,500 ikiban incorporated income statement for year ended june 30, 2021 sales $ 718,000 cost of goods sold 419,000 gross profit 299,000 operating expenses (excluding depreciation) 75,000 depreciation expense 66,600 157,400 other gains (losses) gain on sale of equipment 2,800 income before taxes 160,200 income taxes expense 44,690 net income $ 115,510 additional information a $30,000 notes payable is retired at its $30,000 carrying (book) value in exchange for cash. the only changes affecting retained earnings are net income and cash dividends paid. new equipment is acquired for $65,600 cash. received cash for the sale of equipment that had cost $56,600, yielding a $2,800 gain. prepaid expenses and wages payable relate to operating expenses on the income statement. all purchases and sales of inventory are on credit. required: (1) prepare a statement of cash flows using the indirect method for the year ended june 30, 2021. (amounts to be deducted should be indicated with a minus sign.)
In order to calculate the ratio you must first calculate the cash flow generated or used from operating activities, as shown below.
Cash flows from operating activities
Profit $115,510
Adjustments for:
Depreciation Expense $66,600
Working capital changes:
(Increase) / Decrease in the trade and other receivables -18,000
(Increase) / Decrease in the inventories $26,700
(Increase) / Decrease in prepaid expenses $1,800
Increase / (Decrease) in trade payables $-9,000
Increase / (Decrease) in wages payable -9,800
Increase / (Decrease) in income tax payable -1,200
Cash generated / provided by operations $172,610
So then, divide cash generated / provided by operations by average total assets.
$172,610 is the cash generated
Average total assets = ($82,000 total assets June 2017 + $132,000 total assets June 2016) / 2
$172,610 / $107,000 = $1.61 cash flow on the given total assets ratio
Hence, for every $1 in total assets the company generates $1.61 of cash flow.
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a company is evaluating which of two alternatives should be used to produce a product that will sell for $p per unit. the following cost information describes the two alternatives:
In order to create a product that will sell for $p per unit, alternatives should be used. The right response is 36.9.
What is product?
In the economic sense, a product is anything that may be sold to fulfill a customer's want or need. A service, a digital good, or a work are all examples of products in addition to real goods like an item in a store.
A product is the thing that's being sold. Products can be either services or tangible items. It could take on a real-world, digital, or electronic form. Every product has a cost associated with it, and each one has a price. The market, the quality, the marketing, and the sector all affect the price that can be charged.
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Match each description from the RIASEC inventory with the correct title.
We can actually deduce here that matching each description from the RIASEC inventory with the correct title, we have:
1. A. Independent and practical - Realistic
2. B. Logical and observant - Investigative
3. C. Creative and expressive - Artistic
4. F. Want to inspire, inform, train, and help others - Social
5. D. Prefer to influence, persuade and lead people - Enterprising
6. E. Organized, efficient and methodical - Conventional.
What is RIASEC?RIASEC is actually known to be an acronym for Realistic, Investigative, Artistic, Social, Enterprising, and Conventional. These are six personality types that was identified by Dr. John Holland.
According to John Holland's theory, he believes that most people are one of six personality types which refers to being Realistic, Investigative, Artistic, Social, Enterprising, or Conventional.
Thus, we see that those that are:
Realistic are independent and practical.Investigative are logical and observant.Artistic are creative and expressive.Social are those that want to inspire, inform, train, and help others. Enterprising are those prefer to influence, persuade and lead people.Conventional are organized, efficient and methodical.Learn more about RIASEC on https://brainly.com/question/28318450
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According to the career contessa, which of the 4 main sections in a typical job posting is most important for determining if you are qualified for the job?.
According to the career contessa, out of the four key parts that are included in a standard job ad, the one under "Great Attitude" is the one that is most significant for deciding whether or not you are suitable for the position.
What kind of connection exists between having a positive attitude and doing well in one's career?This ultimately results in success, which might take the form of a promotion or increased compensation.
Productivity is increased when workers have a positive outlook since this makes them more engaged in the work they perform and the results they produce.
As a direct consequence of this, people produce work that is of better quality and has fewer errors. This results in an overall rise in their output and productivity.
Employees that have a good attitude are more productive than those who have a bad attitude. Managers have a responsibility to monitor the attitudes of their employees and address problems such as negativity and laziness.
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Which is a true statement about the principles of organization?
The organizational principles are indeed similar regardless of the size of the business. This is a True statement.
The Scalar Principle, Delegation of Authority, Division of Labor, and Unity of Command. The four tenets of the organization are as follows.
The scale of a business's operations determines the production and, in turn, the number of sales it generates. You can run a business on a big scale, a medium scale, or a small scale. Return on assets, a proxy for financial performance, shows that firm size has a positive impact.
The size of a company may be a sign that it is expanding, which will cause the market to react favourably. The size or scale of a company increases as total assets and sales increase.
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a bank which must hold 100 percent reserves opens in an economy that had no banks and a currency of $150. if customers deposit $50 into the bank, what is the value of the money supply? a. $50 b. $100 c. $200 d. $150
The value of the money supply according to the bank’s open economy is $150
The Monetary base = currency = $150. If the bank holds 100 % of deposits as a required reserve, then the excess reserve will be 0 and therefore there are no loans.
So, the money supply will equal the monetary base = $150.
B = C + R states that the general public owns the monetary base as money or by the banks as reserves. For instance, a dollar withdrawal from the bank results in one increase in C and one decrease in R, leaving the total unaltered.
The total quantity of money produced by the central bank in a nation is known as the monetary basis, also known as base money, money base, high-powered money, and reserve money. This comprises:
the entire amount of currency in use by the public,plus the currency that is physically stored in commercial banks' vaults,plus the reserves kept by commercial banks in the central bank.The money supply, which includes all of the currency in circulation as well as specific non-bank deposits with commercial banks, should not be confused with the monetary base.
A finance ministry or the central bank may influence the monetary base while enacting monetary policy.
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micro, incorporated, started the year with net fixed assets of $76,300. at the end of the year, there was $98,100 in the same account, and the company's income statement showed depreciation expense of $14,030 for the year. what was the company's net capital spending for the year?
The business's annual net capital expenditures = $98,100 − 76,300 + 14,030 = $35,830
A company or entrepreneurial entity that engages in business, industrial, or professional activity is referred to as a business. Both for-profit and nonprofit organizations can operate as businesses. Limited liability firms, corporations, partnerships, and sole proprietorships are all examples of different business structures. The sole proprietorship, partnership, corporation, and S corporation are the four company structures that are used the most. The total amount of money spent by a company to buy fixed assets during a specific accounting period is known as net capital spending. In an effort to speed up production or service delivery, businesses that are experiencing rapid growth or are on an expansion drive frequently spend more on fixed assets. A company's cash flow statement's cash flow from investment activities is where CapEx may be found.
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The video says only a handful of companies make eyeglasses and they mark them up 10 or 20 or more times. Markup pricing is best defined as deriving a price by _______.
The most accurate definition of markup pricing is arriving at a price by increasing the cost of the good by a certain proportion.
The required details for product in given paragraph
Bringing a product to market is done through product marketing. This entails selecting the product's positioning and messaging, bringing it to market, and making sure both salespeople and buyers comprehend it. Product marketing seeks to increase consumer interest in and use of the product.
The thing being sold is called a "product." An item or service can be considered a product. Physical, virtual, or cyberspace forms are all possible. Every good has a price because it costs money to produce it. The market, quality, marketing, and intended market group all affect the price that can be paid.
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a firm produces 400 units of output at a total cost of $1,200. if fixed costs are $200, question 35 options: average fixed cost is $2. average variable cost is $2.50. average total cost is $4. average total cost is $5.
Average variable cost is $2.50, if fixed costs are $200, As a firm produces 400 units of output at a total cost of $1,200. Hence, option C is correct.
What is the variable cost?A production expense known as a variable cost can go up or down in response to shifts in a company's manufacturing activities. For instance, the raw materials required to make a product's components are regarded as variable costs because they frequently change depending on the volume of units produced.
An expense that fluctuates in relation to production output or sales is referred to as a variable cost.
Thus, option C is correct.
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del gato clinic's cash account shows an $13,563 debit balance and its bank statement shows $11,986 on deposit at the close of business on june 30. outstanding checks as of june 30 total $1,527. the june 30 bank statement lists a $90 bank service charge. check no. 919, listed with the canceled checks, was correctly drawn for $789 in payment of a utility bill on june 15. del gato clinic mistakenly recorded it with a debit to utilities expense and a credit to cash in the amount of $798. the june 30 cash receipts of $3,023 were placed in the bank’s night depository after banking hours and were not recorded on the june 30 bank statement.
All cash transactions are recorded by the business in its general journal under the cash account.
Adjusted bank balance = $13,563
Preparation of bank reconciliation statements
Del gato clinic's cash account shows
June 30
Bank statement balance = $11,986
Add: Bank deposit = $2,856
Total = $13,563
Deduct: Outstanding checks = $1,527
Adjusted bank balance = $11,582
($13,411 - $1,829)
DEL GATO CLINIC Bank Reconciliation
June 30
Book balance = $13,563
Add: Error in check =$9
($467 - $476)
Deduct: Bank charges =$90
Adjusted book balance = $13,563
($13,563 + $9 - $90)
Hence, adjusted bank balance will be $13,482 while adjusted book balance will be $13,482. So, all cash transactions are recorded by the business in its general journal.
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**Guys PLEASE HELP** PLEASE <3
Why were Zelkind and Livingston able to start 80 Acres Farm?
A) Using less fertilizer and pesticide gave them the money they needed to buy new plants.
B) The warehouse they wanted to use was already fitted with hundreds of diode lights.
C) Changes in LED lights made them more efficient and less costly than in the past.
D) Wealthy inventors gave them a large sum of money to buy the land they needed.
Answer:
i think Is D
Explanation:
because the others doesn't make sense
the journal entry to record $6,000 cash received for $7,000 services performed would include a.a credit to accounts receivable for $6,000. b.a credit to cash for $6,000. c.a credit to fees earned for $7,000. d.a credit to accounts receivable for $1,000.
The journal entry to record $6,000 cash received for $7,000 services performed would include a. a credit to Cash for $6,000.
What is journal entry?An accounting record for a business uses a journal entry to document a commercial transaction. The general ledger is where journal entries are often made, however they can also be made in a subsidiary ledger and subsequently rolled forward into the general ledger after being summarized. The business's financial statements are then produced using the general ledger.
Every business transaction must be recorded in at least two places in order for a journal entry to make sense (known as double entry accounting). When you make a cash sale, for instance, both the revenue account and the cash account are increased. Alternatively, if you purchase items on credit, the inventory account and accounts payable account are both increased.
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one flew south's strategy of locating their high-end restaurant in the atlanta airport rather than where premier establishments are usually placed – the city center or crowded suburbs, is an example of the strategy.
This is an example of the blue ocean strategy. A blue ocean strategy seeks to make the competition completely pointless.
Blue oceans represent all of the industries that do not exist today - the unexplored and uncontaminated market space and competition. It is vast, deep, and powerful in terms of opportunity and profitable growth, much like the 'blue' ocean.
What is the objective of a blue-ocean strategy? George Marketing & PR has achieved a small but highly beneficial market share in its region by concentrating on the requirements of small and medium-sized businesses, which are frequently overlooked by larger players.
Here is the complete question-
One Flew South's strategy of locating their high-end restaurant in the Atlanta airport rather than where premier establishments are usually placed - the city center or crowded suburbs, is an example of the _____ strategy.
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Companies that sell printers for at-home use usually sell the printers at a low price point and sell the corresponding ink cartridges at a very high price point. This strategy is known as ____________.
Companies that sell printers for at-home use usually sell the printers at a low price point and sell the corresponding ink cartridges at a very high price point. This strategy is known as Captive Product Pricing
Pricing for goods that include both a core product and a number of auxiliary or supplementary goods required for the main product to provide its full value is known as captive product pricing.
When compared to peripheral products, which must be purchased in order for the core product to be valuable, the core product may occasionally be inexpensive or sold at a discount.
This makes it possible to sell goods with higher margins than the main item.
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According to the career contessa, which of the 4 main sections in a typical job posting is most important for determining if you are qualified for the job?.
According to the career contessa, of the 4 main sections in a typical job posting the most important for determining if you are qualified for the job is "Great Attitude".
What is the relationship between a great attitude and career performance?This leads to success, either through promotion or better pay. Productivity: When employees have a good mindset, they are more interested in what they do and deliver. As a result, individuals generate higher-quality work with fewer mistakes. This increases their total production and productivity.
Workers with positive attitudes outperform those with negative attitudes. Managers must monitor staff attitudes and handle issues such as negativity and laziness.
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which criticism is aimed toward university presses? a they produce mostly obscure books that only a handful of scholars read. b they focus on publishing only blockbuster books. c their alliances with commercial houses have driven up costs. d they don’t contribute to professors’ chances for tenure.
The criticism aimed towards the university presses is that they produce mostly obscure books that only a handful of scholars read.
A university press is an associate degree academic publishing house specializing in monographs and academic journals. Most are nonprofit organizations[citation needed] and an integral part of a large research university. They publish work that has been reviewed by students within the field. They manufacture primarily academic works however also usually have trade books for a lay audience. These trade books also get peer-reviewed.
Because scholarly books are principally unprofitable, university presses may publish textbooks and reference works, that tend to own larger audiences and sell additional copies. Most university presses operate at a loss and are backed by their owners; others are needed to interrupt even. Demand has fallen as library budgets are cut and the online sales of used books undercut the new book market. several presses are experimenting with electronic commercial enterprise
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Anna, a technician, is helping a customer troubleshoot an issue where a server will intermittently become inaccessible to employees. Anna has completed researching the knowledge bases available. What should anna do next as part of standard troubleshooting methodology?.
Answer:
Establish a theory of probable cause.
Explanation:
Step 1. Identify the problem.
Step 2. Establish a theory of probable cause.
Step 3. Test the theory to determine the cause.
Step 4. Establish a plan of action to resolve the problem and implement the solution.
Step 5. Verify full system functionality and, if applicable, implement preventive measures.
Step 6. Document findings, actions, and outcomes
As part of the standard troubleshooting methodology, Anna should follow these steps. Verify the problem: Ensure that the issue reported by the customer is reproducible, and document any error messages or symptoms related to the problem.
What is troubleshooting means?Troubleshooting is a methodical approach to problem resolution. The goal of troubleshooting is to figure out why something doesn't work as it should and to explain how to fix it. The first step in troubleshooting is to thoroughly describe the problem.
Based on the symptoms and error messages observed, Anna should form a hypothesis or theory about the underlying cause of the issue. This may involve ruling out potential causes or testing various scenarios.
Test the theory to determine the cause: Anna should run tests or perform actions to validate or invalidate the hypothesis or theory.
Establish a plan of action to resolve the problem: Based on the results of the tests, Anna should develop a plan of action to resolve the problem.
Implement the solution: Anna should implement the plan of action and test the system to ensure that the problem is resolved.
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production at south side assemblers last quarter was 178,500 units. if the company expects to produce 9.5% less units this quarter, how many units do they expect to produce this quarter?
The units I would expect to produce this quarter given the percentage decrease is 161,542.50 units.
What is the units expected this quarter?Given the information provided in this question, the units produced this year would be 9.5% lesser than it was in the last quarter.
Percentage is the rate of an amount expressed as a number out of 100. The sign that represents percentage is %. In order to change a number to percentage format, multiply the number by 100.
Units produced this year = (1 - percentage change) x units produced last year
(1 - 0.095) x 178,500 units
0.905 x 178,500 units = 161,542.50 units
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sophie received title to her grandmother’s farm last spring. for almost 100 years, sophie’s family has kept cows and goats on the 120-acre property. the deed came with a caveat: sophie is never to raise pigs on the farm. if she does, then the property is transferred to her brother. what did sophie’s grandmother create
Their grandma of Sophia creates a Condition.
Does the contract include a condition?A condition is yet another essential component of a standard contract. Before a party is required to carry out his obligations under a contract, there must be a condition, which is an occurrence or a fact that must be accurate.
A requirement or restriction contained in a contract, trust, law, or another legally recognized document that modifies the rights and obligations of persons concerned is known as a condition.
Why are contract conditions crucial?Terms and conditions make it clear what should happen in each specific circumstance. They outline the important commercial terms you are providing to your clients and aid in the understanding of the contractual parties' obligations, rights, and roles.
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if you are in the 25 percent tax bracket and received an after-tax rate of return of 6 percent, the yield on the savings account would therefore be percent.
Based on your tax bracket and the after-tax rate of return, the yield that you get on your saving's account is 8%
How to find the yield?The after-tax rate of return is the yield on the savings account after taxes have been accounted for. It can be found by the formula:
After tax yield = Before-tax yield x ( 1 - tax rate)
To find the before tax yield therefore, the formula would be:
Before tax yield = After tax yield / ( 1 - tax rate)
Solving for the yield on the savings account gives:
= 6% / (1 - 25%)
= 6% / 75%
= 0.08
= 8%
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savannah is the owner of the 7-11 mini mart, sam is the owner of the superamerica mini mart, and together they are the only two gas stations in town. currently, they both charge $3 per gallon, and each earns a profit of $1,000. if savannah cuts her price to $2.90 and sam continues to charge $3, then savannah's profit will be $1,350, and sam's profit will be $500. similarly, if sam cuts her price to $2.90 and savannah continues to charge $3, then sam's profit will be $1,350, and savannah's profit will be $500. if sam and savannah both cut their price to $2.90, then they will each earn a profit of $900. for both savannah and sam, is a .
The clear result of this game is that both Savannah and Sam will reduce their price.
How to identify the decision that both are going to make?Taking into account the information presented, it can be inferred that Savannah and Sam have a monopoly on gas stations in their town. Additionally, they have an agreement to establish the rates in which they both charge the same price for their services and products to obtain the same profit.
However, according to the information, it can be shown that if either of the two lowers their rates, their profits will surely increase because customers will go to their gas station more frequently. However, the most likely result of this problem is that both lower their prices because this would allow them to attract more customers and have greater rewards, going from earning $500 to $900.
Note: This question is incomplete because there is some information missing. Here is the complete information:
Savannah is the owner of the 7-11 Mini Mart, Sam is the owner of the SuperAmerica Mini Mart, and together they are the only two gas stations in town. Currently, they both charge $3 per gallon, and each earns a profit of $1,000. If Savannah cuts her price to $2.90 and Sam continues to charge $3, then Savannah's profit will be $1,350, and Sam's profit will be $500. Similarly, if Sam cuts her price to $2.90 and Savannah continues to charge $3, then Sam's profit will be $1,350, and Savannah's profit will be $500. If Sam and Savannah both cut their price to $2.90, then they will each earn a profit of $900.
The clear outcome of this game is that:
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Jodi bought a new sofa for $1,240.
She made a down payment of $130 and paid off the balance in 18 months at $80 per month.
What was the amount of the finance charge?
A. $330
B. $1,570
C. $1,440
D. $140
If Jodi bought a new sofa for $1,240 and She made a down payment of $130 and paid off the balance in 18 months at $80 per month. The amount of the finance charge is: A. $330
Finance chargeUsing this formula to determine the amount of finance charge
Finance charge = [ (Balance to be paid in month × Amount per month) + Down payment ]- Cost of sofa
Let plug in the formula
Finance charge = [ ( 18 months × $80 per months ) + $130 ]- $1,240
Finance charge =($1,440 +$130) - $1,240
Finance charge = $1,570 -$1,240
Finance charge = $330
Therefore the correct option is A.
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future value measures: what one or more cash flows that is to be received in the future will be worth today. what one or more cash flows are worth at the end of a specified period. the value of an investment after subtracting interest earned on it for one or more periods. o the value of an investment in today's terms.
Measures of future value B) The value of one or more cash flows at the end of a predetermined period.
Future Value (FV): What Is It?Future value is the value of a current asset at some point in the future based on an assumed rate of growth (FV). The future value is important to investors and financial planners because they use it to estimate how much an investment made today will be worth in the future. Knowing the future value enables investors to choose wisely based on their anticipated needs.
However, external economic factors that depreciate an asset's value, like inflation, can have a negative impact on the asset's future value. One can compare present value to future value (PV). The FV equation is as follows if an investment earns simple interest:
[tex]FV=I*[1+(R*T)][/tex]
where,
Investment sum, I
Interest rate = R
T is the number of years.
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a rent ceiling creates a of housing if it the equilibrium rent. question content area bottom part 1 a. surplus; is less than b. shortage; exceeds c. surplus; exceeds d. shortage; is less than
question mode multiple choice question a(n) activity includes those transactions and events that affect net income, including the purchase of goods and services, cash sales to customers, and payment of operating expenses. multiple choice question. investing operating financing noncash
A(n) operating activity includes those transactions and events that defines net income, including the purchase of merchandise, the sale of goods and services to customers, and expenditures to operate the business.
What is included in operating activities?The routine tasks a business performs to produce and sell its goods, generate money, as well as perform general administrative and maintenance tasks, are referred to as operating activities. Manufacturing, sales, advertising, and marketing activities are some of a company's main operating activities.
The actions and occurrences that affect net income are categorized as operating activities. For instance, the creation and acquisition of goods, the sale of goods and services to customers, and the costs associated with running the business.
The actions and occurrences that affect net income are categorized as operating activities. For instance, the creation and acquisition of goods, the sale of goods and services to customers, and the costs associated with running the business.
Therefore, the correct answer is option b) operating.
The complete question is:
A(n) _____________ activity includes those transactions and events that determine net income, including the purchase of merchandise, the sale of goods and services to customers, and expenditures to operate the business.
a) investing
b) operating
c) financing
d) noncash
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what is a key advantage of the emerging field of neuromarketing? a. it may offer additional quantitative insights into consumer behavior. b. it is an excellent supplement to secondary research insights. c. it offers greater insights and understanding of brain science. d. it may offer additional qualitative insights into consumer behavior.
The key advantage of the emerging field of neuromarketing is a. it may offer additional quantitative insights into consumer behavior.
What is neuromarketing?Neuromarketing cab be described as the type of marketing which involves the use of physiological and neural signals so that this can be used to have access to more potential customer that will patronize the business or the particular product.
In this case the neuromarketing help the business to know more about the consumer and the method that will be used to make them come to patronize the business and so that they can make more profit.
Therefore option A is correct.
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dylan is working as a buyer’s licensee for sophia. when sophia wonders about the condition of the hvac system in the older home she is considering, what is the best advice dylan can give her?
Since Dylan is working as a buyer's licensee for Sophia, she can provide many useful advice to the Sofia.
A licensee has been granted legal consent by another party to carry on a certain business line over which that other party has some degree of ownership, control, or responsibility. The licensee may pay an advance charge (referred to as a licensing fee) or make a payment based on the income generated by the business deal (referred to as a licensing revenue).
Since Dylan is Sophia's licensee, she will give her advice regarding the heating, ventilation and air conditioning of the house. She will help her best to understand the situation of house what kind of benefits and problems are associated with the house that she will purchase and make her able to take best decision.
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the corporation applies manufacturing overhead on the basis of machine-hours. the predetermined overhead rate is $16 per machine-hour. the total cost that would be recorded on the job cost sheet for job 910 would be:
Job 910's total manufacturing cost is $5,754 which is the total cost that would be recorded on the job cost sheet if the corporation applies manufacturing overhead on the basis of machine-hours.
$2,422 in direct materials, then
Direct labor (76 direct labor hours × at $15 per hour) 1,140
Overhead (137 machine-hours × at $16/hour)
2,192
Job 910's total manufacturing cost is $5,754.
The formula required to calculate total manufacturing cost is typically expressed as follows: Total manufacturing costs are calculated as follows: direct materials + direct labor + manufacturing overhead.
Here is the complete question-
Job 910 was recently completed. The following data have been recorded on its job cost sheet:
Direct materials $2,422
Direct labor-hours 76 labor-hours
Direct labor wage rate $ 15 per labor-hour
Machine-hours 137 machine-hours
The Corporation applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $16 per machine-hour. The total cost that would be recorded on the job cost sheet for Job 910 would be:
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Business-level strategies detail commitments and actions taken to provide value to customers and gain competitive advantage by exploiting core competencies in?.
Business-level strategies detail commitments and actions taken to provide value to customers and gain competitive advantage by exploiting core competencies in the selection of industries in which the firm will compete.
Business level strategies are the coordinated set of moves and actions taken with the intention of providing consumers with value and establishing a competitive advantage for the organization in the specific product or service market by leveraging its core capabilities. It demonstrates the company's standing on the market in against its rivals.
Organization's positioning in your industry and the route of your earnings will be established by your business level strategy. It will also have an effect on how well you can cater to your client.
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using the model of demand and supply for u.s. dollars, what would you expect to happen to the u.s. dollar exchange rate if, in light of a worsening geopolitical situation, americans viewed foreign bonds as riskier than before?
The number of units of foreign currency stated per U.S. dollar will increase, representing a strengthening of the dollar, increasing the exchange rate.
Define foreign exchange rate.The foreign exchange rate is the cost of the local currency relative to another currency. The purpose of international exchange is to compare various currencies to show how they are valued in relation to one another.
The price of one currency represented in terms of another currency is known as the foreign exchange rate, sometimes known as the rate of exchange between two currencies.
Exchange rates for a currency can be either fixed or floating. The floating exchange rate is determined by market forces, while the fixed exchange rate is regulated by the central bank of the country.
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