The evaluating alternatives part of the decision-making process!
This relates to liability of business owners. When a company has unlimited liability and starts losing money, the owners can be personally liable for losses meaning their home and personal assets could be lost. Limited liability means they can only lose the amount that they invested in the company and none of their personal assets.
Answer:
Total cost for Job 9-1005 = $ 5,085
Explanation:
Calculation for total cost for Job 9-1005
Direct materials
Q-4698 $1,250
Q-4725 <u>$1,000</u>
<u>Total Direct material cost = $ 2,250</u>
Direct labor
W-3393 $ 600
W-3479 $ 450
W-3559 <u>$ 300</u>
<u>Total direct labour Cost = $ 1,350</u>
add: Overhead cost 110% of total direct labor cost: $1,350×110%= $1,485
Total Cost on Job is: $2,250+$1,350+$1,485 = $5,085
Answer:
Total overhead= $137,210
Explanation:
<u>First, we need to deduct the depreciation expense from the fixed overhead. Depreciation is not a cash cost.</u>
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Fixed overhead= 117,440 - 10,610= $106,830
<u>Now, the cash disbursement for total overhead:</u>
Variable overhead= 3.1*9,800= 30,380
Fixed overhead= 106,830
Total overhead= $137,210
Answer:
Mental states selling
Explanation:
Mental states selling, or the formula approach to personal selling, assumes that the buying process for most buyers is essentially identical and that buyers can be led through certain mental states, or steps, in the buying process. Relies on a structured sales presentation just like the stimulus response. These mental states includes (AIDS) attention, interest, desire, and action
