Answer:
the applied overhead is $38,788.24
Explanation:
The computation of the amount of overhead applied is given below:
0.70 ÷ 1.70 × applied overhead + $23,900 + $71,700 = $39,190 + $150,610
0.70 ÷ 1.70 × applied overhead = $94,200
applied overhead is
= $38,788.24
Hence, the applied overhead is $38,788.24
Answer:
The correct word for the blank space is: Business System Acquisition Testing & Deployment.
Explanation:
The Business Capability Acquisition Cycle is an approach used by the U.S. Department of Defense (<em>DoD</em>) to perform business acquisition processes efficiently. This is carried out as a cycle with five (5) steps: <em>Capability Need Identification, Business Solution Analysis, Business System Functional Requirements & Acquisition Planning, Business System Acquisition Testing & Deployment, </em>and<em> Capability Support.
</em>
In the <em>Business System Acquisition Testing & Deployment</em>, the DoD supports business systems with the ultimate goal to generate a change without deploying too many specialized personnel.
Answer:
$34,700
Explanation:
Data provided
Beginning inventory = $7,800
Purchase = $35,000
Closing inventory = $8,100
The computation of Cost of goods sold for the month is shown below:-
Cost of goods sold = Beginning inventory + Purchase - Closing inventory
= $7,800 + $35,000 - $8,100
= $42,800 - $8,100
= $34,700
Therefore for computing the cost of goods sold we simply applied the above formula.
Answer:
A) Product, price, place, promotion
Explanation:
The 4 Ps of marketing are:
- product: what good or service is our company selling and what need will it satisfy.
- price: the actual amount that the company expects that final customers will pay for the product, if the price is too high, the sales volume can be small, but if the price is too low, the profits can b too low also
- place: how and where will the product be provided to the customer, e.g. physical stores, online
- promotion: include marketing strategies and techniques carried out to communicate the existence and the qualities of our product to potential customers, they include advertisement, sales promotions, public relations
Answer:
Decrease by $30,000
Explanation:
Cost to buy = 15,000 * $34
Cost to buy = $510,000
Note: Since Ortega is buying 15000 units at $34, the $40,000 avoidable cost on fixed manufacturing overhead is non-applicable.
Cost of making = $150,000 + $240,000 + $90,000
Cost of making = $480,000
So, if Ortega purchases the component from the supplier instead of manufacturing it, the effect on income would be decrease by $30,000 ($510,000-$480,000).