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rodikova [14]
1 year ago
7

Advertising, fashion trends, and new product introductions serve to.

Business
1 answer:
Dima020 [189]1 year ago
5 0

Answer:

Create consumer demand.

Explanation:

Advertising helps promote your product so people will want to buy it.

You might be interested in
Sage Company is operating at 90% of capacity and is currently purchasing a part used in its manufacturing operations for $16.00
lara [203]

Answer:

$164,210 decrease

Explanation:

Calculation to determine what would be the amount of differential cost increase or decrease from making the part rather than purchasing it

Differential cost increase or decrease=(32,842 * 16)- (32,842 * 11)=

Differential cost increase or decrease=$525,472-$361,262

Differential cost increase or decrease=$164,210 decrease

Therefore what would be the amount of differential cost increase or decrease from making the part rather than purchasing it is $164,210 decrease

6 0
3 years ago
Given the data below for production equipment,Initial Cost, P = $50,000 Salvage Value at the end of 5 years, S = $10,000. Deprec
Taya2010 [7]

Answer:

1. B. $8,000

2. C. $7,200

Explanation:

Units or production (UOP) method of depreciation bases the depreciation expense of a machine or equipment on how much it is actually used during the period.

depreciable value = $50,000 - $10,000 = $40,000

depreciation rate per unit = $40,000 / 25,000 = $1.60

Year          Projected Production units         Actual Production units

1                              4,500                                    5,000

2                             5,000                                    4,000

3                             3,500                                    3,000

4                             5,500                                    5,000

5                             6,500                                    Not known

Total                      25,000

depreciation expense year 4 = $1.60 x 5,000 = $8,000

accumulated depreciation year 4 = $1.60 x 17,000 = $27,200

book value = $50,000 - $27,200 = $22,800

if sold at $30,000, gain resulting from sale = $30,000 - $22,800 = $7,200

7 0
2 years ago
Incorrect answer icon Your answer is incorrect. The total estimated manufacturing overhead of $264,000 was comprised of $168,000
AlexFokin [52]

Under activity-based costing (ABC), the amounts of materials handling costs assigned to the following units are:

(a) One mobile safe $210 per unit .

(b) One walk-in safe $168 per unit.

<h3>What is activity-based costing?</h3>

Activity-based costing is the costing method that assigns overhead and indirect costs to products and services based on consumption of activities.

<h3>Data and Calculations:</h3>

Materials handling costs = $168,000

Purchasing activity costs = $96,000

Total estimated manufacturing overhead = $264,000 ($168,000 + $96,000)

The following figures are assumed:

<u>Activities</u>:

Materials handling cost $168,000

Total hours of materials handling = 40,000 hours

Activity rate = $4.20 ($168,000/40,000) per hour

Purchasing activity cost = $96,000

Number of units purchased = 30,000

Activity rate = $3.20 ($96,000/30,000)

<u>Consumption of activities</u>:

                                    Material Handling hours     Number of Units used

Mobile safe per unit              50 hours                      3 units

Walk-in safe per unit            40 hours                       2 units

<u>Overhead assigned</u>:

                                    Material Handling

Mobile safe per unit    50 hours x $4.20 = $210

Walk-in safe per unit   40 hours x $4.20 = $168

Thus, under activity-based costing (ABC), the amounts of materials handling costs assigned to the following units are as indicated above.

Learn more activity-based costing at brainly.com/question/6654166

5 0
2 years ago
In keeping with modernization of corporate statutes in its home state, UMC Corporation decided in 2016 to discontinue accounting
Delicious77 [7]

Answer:

A. This is a change in accounting principles

B.

Dr Common stock 6

Dr Paid-in capital—excess of par 24

Dr Retained earnings 5

Cr Treasury stock 35

Explanation:

A. This is a change in accounting principle

B. Entry to reclassify treasury shares as retired shares.

General Journal

Dr Common stock 6

Dr Paid-in capital—excess of par 24

Dr Retained earnings 5

Cr Treasury stock 35

Common stock ($1 par × 6million shares retired) $6 million.

Paid-in capital—excess of par

$900 million ÷ 225 million shares = $4

$4 × 6million shares retired = $24 million.

3 0
3 years ago
Olivia Company, whose reporting year ends on December 31st, purchased a vehicle for $50,000 on March 12th, 2018. The vehicle’s e
Trava [24]

Answer:

$12,600

Explanation:

If Olivia Company uses the units of production depreciation method, we must calculate the depreciation cost per mile:

depreciation cost per mile = (purchase cost - salvage value) / total miles driven

depreciation cost per mile = ($50,000 - $5,000) / 250,000 miles

depreciation cost per mile = $45,000 / 250,000 = $0.18 per miles

Now we multiply by the total miles driven the first year times the depreciation cost per mile = 70,000 units x $0.18 per unit = $12,600

5 0
2 years ago
Read 2 more answers
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