Answer:
Total Manufacturing Cost $81,100
Explanation:
The computation of the manufacturing cost incurred is shown below:
Wages of Production workers: = $30,500
Raw Material $42,000
Material handling $2,700
Factory rent $3,200
Factory Insurance $500
Depreciation on Factory Equipment $2,200
Total Manufacturing Cost $81,100
We simply added the above items
From what Holly is experiencing, she should have followed a principle of saving and investing which is known as keep investments simple.
The underlying reason for this principle is that trying too much – trying to read the market to gain more dividends by selling off your stocks, buying investment products that you do not understand because of high-return promises – might instead jeopardize your investments, such is the case with Holly.
Answer:
The correct answer is letter "A": If marginal revenue is greater than marginal cost, the firm should increase its output.
Explanation:
Marginal revenue is the return of producing one more unit of a given product. Its marginal costs are the expenses incurred while producing one more sample. Only when the marginal revenue is higher than the marginal cost, it is reasonable for the company to increase production levels.
Answer:
Dr Land $168,500
Cr Common stock $67,400
Cr Paid in capital in excess of par common stock $101,100
Explanation:
Preparation the journal entry to record the acquisition of the land.
Dr Land $168,500
(3,370shares *$50per share)
Cr Common stock $67,400
(3,370 shares*$20par value)
Cr Paid in capital in excess of par common stock $101,100
($168,500-$67,400)
(Being to record the acquisition of the land)
Company D was able to gain market share by targeting a niche market with a new product.
A niche market is a section of a bigger market that may be defined by means of its own particular desires, options, or identification that makes it distinct from the market at huge. As an example, in the marketplace for ladies' footwear are many different segments or niches.
A spot marketplace is the subset of the marketplace on which a specific product is focused. The marketplace area of interest defines the product features aimed at pleasing specific market desires, in addition to the fee range, production great, and the demographics that it's far supposed to goal. it's also a small market section.
An eCommerce niche is a distinct section inside any given marketplace and is frequently an area that is neglected by other agencies. Examples of niches include handmade objects, puppy meals or puppy owners, latest t-shirts, products, beauty products, devices, or other trending products.
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