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Romashka [77]
3 years ago
5

Companies may wish to implement a(n) ________ to achieve more growth, to realize higher margins, or simply to position themselve

s as full-line manufacturers.
Business
1 answer:
Iteru [2.4K]3 years ago
7 0

Answer:

The correct answer is <em>up-market stretch.  </em>

Explanation:

- Upwards: Introduce products in its line that covers a market with a higher socioeconomic level.

- Down: Introduce products in its line that covers a market with a lower socioeconomic level.

- Bidirectional: Introduce products that cover market up and down. Example: ipod, they have different versions, ipod shuffle with an affordable price, and ipod touch with higher prices.

- Filling lines: Increase products to existing lines. Example: Coca cola, when he released the version of Coca Cola Zero.

- Modernization of lines: Change the packaging, modernize the products. Example: they can also be cell phones since they constantly have to be modernized.

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For jacobs company, the predetermined overhead rate is 70% of direct labor cost. during the month, $600,000 of factory labor cos
kolbaska11 [484]
First find the amount of direct labor cost by subtracting the amount of indirect labor cost from the amount of factory labor cost
Direct labor cost is
600,000−140,000=460,000

The amount of overhead debited to work in process inventory should be
460,000×0.7=322,000

Answer 322000
8 0
3 years ago
Which of the following best illustrates the spirit of stewardship? Lobbying government officials to increase the drilling for of
Natasha_Volkova [10]

Answer:

Promoting the recycling of paper and aluminum on university campuses

Explanation:

Environmental stewardship refers to taking care and protecting the environment by engaging in sustainable practices and conservation activities. By promoting a recycling program in campus, you are carrying out a sustainable practice that will help reduce the number of trees used to produce paper and the quantity of aluminum mined.

8 0
3 years ago
Read 2 more answers
U-Can-Own-It Corporation sells appliances to less educated consumers, inclnding Viv, on installment plans U-Can-Own-It files a s
kirill115 [55]

The court will most likely consider the parties' relative bargaining power.

<u>Option: C</u>

<u>Explanation:</u>

Bargaining power is the collective ability of groups to put control over one another in a circumstance. If all sides are in a dispute on an equivalent basis, then they would have equal bargaining power, such as in a reasonably free market, or between a monopoly and monopsony fairly balanced.

Purchaser bargaining power relates to the leverage customers may impose on businesses to get them to offer higher quality goods, improved customer satisfaction and lower costs. A powerful purchaser will make a market more profitable and diminish the seller's profit potential.

5 0
3 years ago
The January 28, 2017 (fiscal year 2016) financial statements of Caleres, Inc. reported the following information (in thousands):
san4es73 [151]

Answer:

A. 136.2 days

Explanation:

To compute the average days inventory outstanding, first, we have to find out the inventory turnover ratio

Inventory turnover ratio =  Cost of goods sold ÷ average inventory

where,  

Average inventory = (Opening balance of inventory + ending balance of inventory) ÷ 2

= ($546,745 + $585,764) ÷ 2

= $566,254

And, the cost of good sold is $1,517,397

Now put these values to the above formula  

So, the answer would be equal to  

= $1,517,397 ÷  $566,254.50

= 2.67 times

Now, Days in inventory  = Total number of days in a year ÷ inventory turnover ratio

= 365 days ÷ 2.67 times

= 136.70 days approx

5 0
3 years ago
Kingston Co. uses the percentage-of-receivables basis to record bad debt expense.
Troyanec [42]

Answer:

Explanation:

The journal entry to record the bad debt expense is shown below:

Bad debt expense A/c Dr  $2,700

      To Allowance for doubtful debts $2,700

(Being bad debt expense is recorded)

The computation of the bad debt expense is shown below:

= (Accounts receivable × estimated percentage given ) - (credit balance of Allowance for Doubtful Accounts)

= ($420,000 × 1%) -  ($1,500)

= $4,200- $1,500

= $2,700

4 0
3 years ago
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