Answer:
a. Date Account Title and Explanation Debit Credit
Insurance Expenses $2,800
Prepaid Insurance $2,800
(To record 6-month Insurance coverage expired)
b. Date Account Title and Explanation Debit Credit
Supplies Expenses $10,200
Supplies $10,200
(8,200 +3,600 - 1,600)
(To record supplies consumed during the year)
Answer:
The budget direct labor cost for the first quarter of the year is $57,774
Explanation:
Units per month:
January = 2,680
February = 2,600
March = 2,740
Total of units first quarter of year = 2,680+2,600+2,740= 8,020
So, "Each unit requires 0.6 hours of direct labor"
We need to multiply the units by the hours of direct labor
*why ?
Rule of three
1 unit need --------- 0.6 hours direct labor
8,020---------------- ?
= (8,020 x 0.6) / 1
= 4,812 / 1
= 4,812 hours we need to produce the total units
Finally: we need to multiply the hours by the payment per hour, or direct labor rate that is $12
4,812 x $12= $57,774 is the budget direct labor cost for the first quarter of the year.
Answer:
first-mover advantage
Explanation:
First-mover advantage exists when making the initial move into a market allows a firm to establish a dominant position that other firms may struggle to overcome.
Answer:
1. Which Statement is true:
B. low p/e ratio could mean that the company has a great deal of uncertainty in its future earnings.
2. Qualitative analysis:
According to your understanding, a company with less competition is considered to be (more or less) risky than companies with a wide multiple competitors.
Explanation:
Company A's Price/Earnings (P/E) ratio is calculated as the market price of its shares divided by the earnings per share. It shows the value investors have over a stock. With a high P/E ratio, the company's stock could be over-valued, or investors are expecting high growth rates in the future. This is unlike a low P/E ratio that shows that the stock is undervalued or that investors are not expecting high growth rates in the future because of uncertainty.
Without competition, Company A is riskier than Company B which operates efficiently and competitively. There is that competitive edge that competitive companies possess. Monopolies do not enjoy that advantage. It is, therefore, riskier to have no competition.
Answer:
<em>The "TAO" approach to digital marketing stands for the way through which digital marketers can make themselves heard in the digital world in the midst of all the digital noise.</em> <em>He believed that, apprenticeships is the best way. </em>
<em>This offers the person a great way to gain both knowledge and experience while getting paid at the same time. For example,there are more and more apprenticeship bodies someone can engage with like </em><em><u>The Juice Academy and Arch Apprentices.</u></em>
Explanation: