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3 years ago

Job 593 was recently completed. The following data have been recorded on its job cost sheet:

Business

1 answer:

Diano4ka-milaya [45]3 years ago

8 0

Answer:

a.$6,705

Explanation:

The total cost is the sum of the three cost component, Direct materials, direct labours, and factory overhead.

Direct Labor Cost: 71 hours x $15 per hour = $ 1,065

Manufacturing Overhead: 175 machine hours x $14 per hour = $ 2,450

Direct Materials $ 3,190

Total cost: 1,065 + 2,450 + 3,190 = 6,705

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A 15-year, $1,000 par value zero-coupon rate bond is to be issued to yield 9 percent. Use Appendix B for an approximate answer b

REY [17]

Answer:

$274.54

Explanation:

Given:

n = 15 years

Future Value, FV = 1000

rate, r = 9%

Required:

Find the initial price of the bond

Given that we have a zero coupon bond here, it means the par value is paid at date of maturity, and no issuer pays no regular coupon payment.

To find the initial price of the bond, use the formula:

$\frac{FV}{(1+r)^n}$

Substitute figures:

$\frac{1000}{(1+0.09)^1^5}$

$= \frac{1000}{(1.09)^1^5}$

$= \frac{1000}{3.642}$

$= 274.57$

The initial price of the bond should be $274.54

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3 years ago

Explain the law of one price and the theory of purchasing power parity. Why doesn't purchasing power parity explain all exchange

Masteriza [31]

Answer:

The law of one price establishes that the product or service price will remain the same for all the entire world.

Explanation:

The law of one price establishes that the product or service price will remain the same for all the entire world. It is necessary to take into account for this law that the price of the currency needs to be also the same and that the price of the product or service would not be affected by other factors such as additional buyers or sellers in the market.

On the other hand the purchasing power parity refers to the idea of an equilibrium of currencies in exchange rates, it means that the power for purchasing will be represented in the same way in the different countries, and it is important to mention that this theory is base in the law of one price.

The the long run equilibrium is an idea that in theory represents all the equilibrium of prices, quantities, and markets in general; on the other hand, for the short run equilibrium there are some limitations in which the market cannot be explained as properly and fully balanced.

6 0

4 years ago

Burberry's competitive advantage is through its differentiation strategy. What risk should Burberry remain aware of?

Mumz [18]

Answer:

c.Burberry may run out of creative ideas to remain differentiated.

Explanation:

After considering the Burberry story, which business-level strategy is the company attempting to pursue?

a. Focused Differentiation

b. Focused Low Cost

c. Broad Low Cost

d. Integrated Differentiation and Low Cost

Burberry's competitive advantage is through its differentiation strategy. What risk should Burberry remain aware of?

a. Customers might decide that the price differential between the differentiator's product and the cost leader's product is too large.

b. Customers may decide that it is "too different".

c. Burberry may run out of creative ideas to remain differentiated.

d. There are no risks to differentiation strategies.

In addition to the new designer, Burberry also stepped up its involvement in social media, relationships with style magazines and connecting with high-profile trendsetters. This is an example of which concept?

a. Streamlining processes to take out unnecessary steps

b. Customization of the product offering to reach different market segments

c. Reaching efforts focused on building relationships and adding customers

d. Increasing customer retention and reducing customer churn

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3 years ago

Vaccinations are an example of which role of government?

Mice21 [21]

Answer:

Explanation:

You have to pay for a vaccination, and people want and sometimes need the vaccine. The taxes the hospital pays are from the public indirectly. Therefore, vaccinations are sources of the public good.

8 0

2 years ago

During the period, labor costs incurred on account amounted to $175,000, including $150,000 for production orders and $25,000 fo

SCORPION-xisa [38]

Answer:

c. Work in Process (Debit) 23,000

Factory Overhead (Credit) 23,000

Explanation:

This would be the journal entry to record the factory overhead applied to production.

7 0

3 years ago