Answer:
The amount of overhead debited to Work in Process Inventory should be: a. $182,00
Explanation:
The Overheads are Applied in the Manufacturing Costs as:
Budgeted Rate × Actual Activity for the Month
At the End of the Period we would need to determined whether this amount of overhead is Over or Under Applied by comparing it to the actual overheads incurred of $180,000 (given)
In our Case, the predetermined overhead rate is 70% of direct labor cost
<em>Thus we need to find the Direct Labor Cost first</em>:
Total Labor Costs $360,000
<em>Less </em>Indirect Labor Costs<em> </em>$100,000
Direct Labor Cost $260,000
<em>Therefore Overheads applied would be determined as:</em>
= $260,000 × 70%
= $182,000
Options:
a.
cannot say for sure
b.
beta
c.
alpha
d.
zero
Answer:
B. Beta
Explanation:Excess returns is a term used in Financial accounting to describe how well an investment fund has either over-performed or under-performed against the standards through which the investment fund is compared,excess fund is also known as ALPHA.
Beta percent is a term used to describe how risky an investment portfolio is compared to other Investments, IT IS A VITAL TERM IN DETERMINING WHICH FUTURE DECISIONS WILL BE TAKEN.
<u>Answer: </u>Option B
<u>Explanation:</u>
Competitive dynamics means the business organisations take actions based on the competitors in the market in order to maintain their competitiveness in the business. The businesses try to protect their competitive advantages by reacting similarly to the competitors in the market.
Explicit collusion means businesses together try to rise the market price. Harvest strategy means to reduce the market spending on the products in the market. In tactic collusion the business try to reduce the reaction of the other firms for the action taken by them.
Answer:
Break-even point (units)= 852 units
Explanation:
Giving the following information:
The Coffee Factory sells two products, supreme and mild. The supreme sells for $120 per case (unit) with variable costs of $90 per unit. The mild sells for $90 per unit with variable costs of $10 per unit. The manager reported $42,600 total fixed costs. The Coffee Factory usually sells three supreme brands for each two mild brands.
Break-even point (units)= Total fixed costs / (weighted average selling price - weighted average variable expense)
Supreme= 3/5= 0.6
Mild= 2/5= 0.4
weighted average selling price= 120*06 + 90*0.4= 108
weighted average variable expense= 90*0.6 + 10*0.4= 58
Break-even point (units)= 42,600/ (108 - 58) = 852 units
<span>This is a de-marketing strategy through ads, which are assumed to be digital ads. The assumption is that the digital ad would reach the target audience of teenagers to discourage smoking. This type of marketing campaign shows the tobacco company in a 'responsible' light to the consumer. By discouraging underage use, the consumer can assume that this must be a good company and is honest in their marketing.</span>