Answer:
a. They must be an integral part of the finished product and be a significant portion of the total product cost.
Explanation:
The Direct material is supply which is consumed during the production of a product. The direct material should be an integral part in the finished good. Consumables are not direct material. To become direct material the raw supplies should be a significant portion of the total cost. There is no direct material in a service business. The finished product should contain the direct material and the material must be an integral part of the final product.
Answer: c. it failed to take advantage of opportunities presented by Moore's Law.
Explanation:
Moore's law is states that the number of transistors in a dense integrated circuit doubles roughly every two years.
The observation got its name after Gordon Moore, the co-founder of Fairchild Semiconductor and CEO of Intel, whose paper in 1965 showed a pattern of doubling every year in the number of transistors per integrated circuit, and he predicted that this rate of growth would continue for at least another decade.
In 1975, he reviewed the forecast to doubling every two years, at a compound annual growth rate of 41.4percent.
Apple were able to take over the portable music market because they made they products such as the ipods, the iPhone, the iPad, and the MacBook smaller and very effective to use. This qualities endeared the Apple products to the consumer market, making apple products to swiftly replace the Sony portable players.
Answer:
B) Indicates how many times the receivables were converted into cash during the year.
Explanation:
Account receivable Turnover is a ratio which shows that how many times the account receivable is converted into cash in a given period of time. It shows the efficiency of recovery from customer by a company. A company with higher turnover ratio is considered to more profitable and its liquidity is higher. A company with lower Turnover will have low profits and may face liquidity problems.
Answer:
a $300
b $3,300
c $750
d $17,250
Explanation:
The computation is shown below:
a. Insurance expense for march month:
= Total insurance expense ÷ total number of months in a year
= $3,600 ÷ 12 months
= $300
b. Prepaid insurance
= Total insurance expense - march insurance expense
= $3,600 - $300
= $3,300
c. Rent expense for equipment for April month
= Total rent cost ÷ total number of months in two year
= $18,000 ÷ 24 months
= $750
d. Prepaid rent expense
= Total rent cost - April rent expense
= $18,000 - $750
= $17,250
Answer:
$2,000
Explanation:
The total incremental cost of making 75,000 and buying 75,000 units.
