Horizontal scope exists the range of product and service components that the firm acts within its market.
<h3>What are vertical and horizontal scopes?</h3>
A horizontal acquisition is a commercial tactic in which one company acquires another that competes on an equal footing in a given industry. The purchase of business operations within the same manufacturing vertical is referred to as vertical integration.
The firm's horizontal scope is the variety of product and service sectors it offers within its market. The vertical scope is the degree to which an organization's internal activities cover all of the value chain activities in the industry, part of them, some of them, or none of them.
The variety of product and service segments that the company offers within its market is referred to as its horizontal scope.
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Answer: a. a credit to Accounts Payable.
Explanation:
When paying off a note, cash will be used so cash will have to be credited to show that it is decreasing.
Interest expense will be debited by the interest accumulated on the loan because expenses are debited when they increase.
Notes Payable will be debited to show that the note has now been retired.
There is no credit for Accounts payable involved in this transaction.
Answer:
Total estimated cost $148,680
Fixed cost $20,680
Explanation:
Using the high-low method to estimate the amount of fixed cost that is incurred each month
Units Cost
High 207 153,160
LOW 38 45,000
Difference 169 108,160
Variable cost per unit= 108,160/169
Variable cost per unit= 640
Fixed cost = 153,160-207*640
Fixed cost = 20,680
Total estimated cost= 200*640+20,680
Total estimated cost=128,000+20,680
Total estimated cost=148,680
Therefore Total estimated cost will be $148,680 and Fixed cost will be $20,680
Answer: It will take Nico approximately 12 years
Explanation:
Payments = $40000
r = 12%
Future Value = 1000 000
Future Value annuity = Payments((1 + r)^n - 1)/r
1000000 = 40000((1 + 0.12)^n - 1)/0.12
40000((1.12)^n - 1) = 1000000 x 0.12
(1.12)^n -1 = 120000/40000
(1.12)^n = 3 + 1
nlog(1.12) = log(4)
n = log(1.12)/log(4) = 12.232510748
n ≈ 12 years
It will take Nico approximately 12 years
Answer:
$16,100
Explanation:
Add the total manufacturing costs for the year to determine the cost of goods manufactured during the current year. Also remember to account for change in work in process inventory.
