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1 year ago

Select the correct answer from each drop-down menu.

1 answer:

7 0

While evaluating ad effectiveness he should consider the finances and return to get from the advertisement campaign.

The comparison of the results can be done with the use of actual results and the expected results with the help of business analytics. This provides record of immense trend in the changes happened due to advertising campaign.

Advertisement campaigns are more powerful as they need less investment, they have more reach to customers and are easily understand by everyone which further help to manage financial decisions.

To learn more about advertisement campaign here,

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Assume the sales budget for April and May is 47,000 units and 49,000 units, respectively. The production budget for the same two

NARA [144]

Answer:

Direct material cost= $372,120

Explanation:

<u>To calculate the purchases of direct material for April, we need to use the following formula:</u>

Purchases= production + desired ending inventory - beginning inventory

Production= 44,000*3= 132,000 pounds

Desired ending inventory= (45,000*3)*0.3= 40,500 pounds

Beginning inventory= (132,000*0.3)= 39,600 pounds

Purchases= 132,000 + 40,500 - 39,600

Purchases= 132,900 pounds

Direct material cost= 132,900*2.8= $372,120

3 0

3 years ago

A company purchased $2,000 of merchandise on July 5 with terms 2/10, n/30. On July 7, it returned $300 worth of merchandise. On

wlad13 [49]

Answer:

The correct journal entry to record the payment on July 12 is:

Debit Accounts Payable $1,700

Credit Merchandise $34

Credit Cash $1,666

Explanation:

Credit terms of 2/10, n/30 means that 2% discount for the payment within 10 days and the full amount to be paid within 30 days.

On July 5:

Debit Merchandise $2,000

Credit Accounts payable $2,000

On July 7:

Debit Accounts payable $300

Credit Merchandise $300

On July 12, the company pays and takes the appropriate discount:

2% x ($2,000 - $300) = $34

The company uses a perpetual inventory system, and records purchases using the gross method.

The journal entry to record the payment:

Debit Accounts Payable $1,700

Credit Merchandise $34

Credit Cash $1,666

8 0

4 years ago

On April 1, 2017, La Presa Company sells some equipment for $18,000. The original cost was $50,000, the estimated salvage value

aksik [14]

Answer:

Option (a) is correct.

Explanation:

Depreciation in 2017:

$=\frac{Original\ cost-Salvage\ value}{Useful\ life}\times time\ period$

$=\frac{50,000-8,000}{6}\times\frac{3}{12}$

= $1,750

Accumulated Depreciation = $29,400 + Depreciation in 2017

= $29,400 + $1,750

= $31,150

Book value on date of sale = Original cost - Accumulated Depreciation

= 50,000 - 31,150

= 18,850

Loss on sale = Book value on date of sale - Sales price

= 18,850 - 18,000

= $850 (Loss)

8 0

3 years ago

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What is the greatest concern with applying new technologies like the cloud in manufacturing?

Sergeu [11.5K]

Answer:

Theft of intellectual property.

Explanation:

Cloud computing is making hardware, software and data available on demand via a network, often the internet. The cloud stands for a network that, with all the computers connected to it, forms a kind of 'cloud of computers', where the end user does not know how many or which computers the software runs on or where those computers exactly stand. In this way, the user no longer needs to be the owner of the hardware and software used and is therefore not responsible for maintenance. The details of the information technology infrastructure are hidden from view and the user has his own virtual infrastructure, scalable in size and possibilities. The cloud is therefore a technique with which scalable online services can be offered. Without the ability to scale, an online service offered does not relate to cloud computing.

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3 years ago

What motivates most entrepreneurs to go into business for themselves? A. Guaranteed health care B. Full liability C. A higher sa

luda_lava [24]

It would be D. The potential for profit

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3 years ago

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