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2 years ago

What is a dollar vote

Business

1 answer:

nikdorinn [45]2 years ago

5 0

Answer:

Dollar voting is an analogy that refers to the theoretical impact of consumer choice on producers' actions by means of the flow of consumer payments to producers for their goods and services.

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How many guests may a temporary member bring to a private club?

Nastasia [14]

three guests

Explanation:

A temporary member may enjoy the club's services and privileges for a period of not more than three days per invitation. A temporary member may bring not more than three guests to the club and must remain in their presence while they are at the club.

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3 years ago

Which statements are false? Money comes in different forms. Money is indivisible.

Papessa [141]

Saying that money is indivisible is false. As long as its not a penny, money can be divided down to the last cent

8 0

4 years ago

Read 2 more answers

Linda saw a print ad in a magazine for clairol's natural essence semi-permanent hair color that she knew existed but did not kno

Vlad1618 [11]

This is the knowledge/expectations stage of the hierarchy of effects, because Linda is now aware of the product and is starting to learn about it.

The hierarchy of effects is:

1. Awareness - know the product exists

2. Knowledge- learn about the features of the product

3. Liking - make sure the customer likes the product and if not, figure out why

4. Preference- customers want your product over other brands

5. Conviction- the decision to make the purchase

6. Purchase - actually going out and buying the product

8 0

3 years ago

What are equivalent units of production (EUP) for conversion costs? Hint: There are several questions about the process cost sum

bagirrra123 [75]

Answer:

Equivalent units of production for conversion cost is 180

Explanation:

An equivalent unit of production is an expression of the amount of work done by a manufacturer on units of output that are partially completed at the end of an accounting period. Equivalent units of production are the units in production multiplied by the percentage of those units that are complete (100 percent) or those that are in process.

Beginning work in progress (units) = 50

Units added this period = 250

Here we assume that all units are completed and transferred as there is no information on ending work in progress.

Direct material cost in the beginning inventory = $50

Direct material cost added this period = $850

Total direct material cost = 50 + 850 = $900

Conversion cost is given by direct labour plus overhead.

Conversion cost in the beginning inventory = $150 + $1920 = $2070

Conversion cost added this period = $200 + $2770

Total conversion cost = $5040

Equivalent units for direct materials = 300 (100% of 300)

Equivalent units for conversion cost = 60% of 300 = 180

Cost per equivalent unit :

Direct materials = 900/300 = $3

Conversion cost = 5040/180 = $28

5 0

3 years ago

Manufacturing uses normal costing for its job-costing system, which has two direct-cost categories (direct materials and dire

Anvisha [2.4K]

Answer:

Results are below.

Explanation:

Giving the following information:

Total manufacturing costs, $8,450,000

Manufacturing overhead allocated, $3,750,000 (allocated at a rate of 250% of direct manufacturing labor costs)

Work-in-process inventory on January 1, 2017, $390,000

Cost of finished goods manufactured, $8,020,000

<u>First, we need to calculate the direct material and direct labor:</u>

Direct labor= Manufacturing overhead allocated/2.5

Direct labor= 3,375,000 / 2.5

Direct labor= $1,350,000

Total manufacturing costs= Direct material + direct labor + allocated overhead

8,450,000= Direct material + 1,350,000 + 3,375,000

Direct material= $3,725,000

<u>Finally, the ending work-in-process:</u>

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

8,020,000= 390,000 + 8,450,000 - Ending WIP

Ending WIP= $820,000

3 0

3 years ago