Answer:
Answered
Explanation:
Mr. Edwards, a marketing representative of the ACME Insurance Company, scheduled a marketing event and expects about 40 people to attend. He has hired a magician at a cost of $200 to entertain attendees
He can do this, because the estimated number of attendees is based on the venue size and response rate and the value of the gift does not exceed $15.
Answer: Production Method
Explanation: Gross domestic product, also known as GDP, calculates the total value of products and sevices that are produced in an economy. This in turn measures the total income of a country.
The method that applies in this scenario is the production method. This method focuses on goods, by looking at its final value after deducting the input costs, also known as intermediate goods. Input costs (or intermediate goods) are the cost of materials that were used to make the final product, i.e. the production costs. Once the input costs are deducted from the total value of the goods , what remains becomes the actual income of the goods, the final cost, which is then added to GDP.
The total amount of traceable fixed manufacturing overhead for Alpha and Beta will be $3332000 and $3689000.
<h3>How to compute manufacturing overhead? </h3>
From the information given, the traceable fixed manufacturing overhead for Alpha will be:
= 119000 × 28
= $3332000
The traceable fixed manufacturing overhead for Beta will be:
= 119000 × 31
= $3689000
Learn more about overhead amount on:
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Suppose the sales increased by 50% in year 2 then it would be normal if the account receivable increased by 35%. However, I need to see the company accounts to understand what is going on. If the turnover is still the same then we can say that clients are paying slower.
