Answer:
Predetermined manufacturing overhead rate= $76.27 per machine hour
Explanation:
Giving the following information:
Thomlin Company forecasts that total overhead for the current year will be $11,898,000 with 156,000 total machine hours.
<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 11,898,000 / 156,000
Predetermined manufacturing overhead rate= $76.27 per machine hour
Answer:
I'm not really sure but you can definitely google the highest paid jobs there.
Target's donation of 5% of its annual income to community support is an example of social responsibility.
Social responsibility is a theory that involves ethics and fulfilling civic duty. When target makes these donations, they are benefiting the society as a whole and balancing growth with welfare of the society.
Answer:
Correct option is (c)
Explanation:
Given:
Shares outstanding in 2017 = Issued shares - shares held in treasury
Issued shares in 2017 = 9 million
Shares held in treasury in 2017 = 4 million
Substitute the values in the above formula:
Shares outstanding in 2017 = 9 million - 4 million = 5 million
So, 5 million shares were outstanding as on 12/31/2017
Answer:
an engraving service for pen owners who may wish to will their pens to loved one.
Bic is a large publicly traded company with significant financial resources.
Explanation:
Mont Blanc uses differentiation strategy to address to consumer social and emotional needs. The best strategy will be to provide pen with name or a special message engraved in the pen according to the consumer needs. This will focus on consumer social needs and pen owners will love to will their pens to their loved ones.
Bic is large publicly traded company which has significant financial resources available to it. Bic will not wish to compete with Mont Blanc as it will require financial resources to capture its target market. Bic pens are cheaper and consumers are attracted to it because of its low price and ease in availability.