Answer:
FOH rate based on direct labor cost is 22.8%.
Explanation:
The computation of the factory overhead rate based on the direct labor cost is as follows:
Factory Overhead (FOH) Rate on Direct Labor Cost is
= Total Estimated Factory Overheads ÷ Direct Labor Cost × 100
= [$32,000 + $25,000] ÷ $250,000 × 100
= $57,000 ÷ $250,000 × 100
= 22.8%
Therefore, FOH rate based on direct labor cost is 22.8%.
Answer:
The answer is: A) Nike will probably have to invest heavily in the athletic shoe business, including extensive promotions and new production facilities.
Explanation:
Athletic shoe business is Nike´s cash cow, it can not afford the risk of not investing in it. Even if the market´s growth rate slows down there will always be serious competitors willing to replace them as No. 1 (Adidas). It is a very competitive industry all around the world. So the moment Nike lowers its guard, Adidas will attack them furiously.
As the market leader Nike needs to constantly invest in new promotions and new technology. It has to fight to keep their share of the market growing, because once it reaches its zenith, then the only way to go is down. If Nike´s shoe business goes down, the whole company´s sales will go down since other business units are complementary to it.
Because if there is no sources or limited recourse the they can not properly provide
<span>P. Step 1: Define the Problem. Why do you have to make a choice?
A. Step 2: List the Alternatives.
C. Step 3: Determine the Criteria (rules for evaluating or testing options)
E. Step 4: Evaluate the alternatives.
<span>D. Step 5: Make the Decision.</span></span>
Answer: $2,98,491.106 ⇒ Total cost of production
Explanation:
Given that,
Total cost of production at x = 1000 units
C(x) = 2000 + 170x + 4
C(1000) = 2000 + 170(1000) + 4
= 2000 + 170000 + 126491.106
= $2,98,491.106 ⇒ Total cost of production
So, above is the cost of producing 1000 units.