Answer:
1. $47,255
2. Dr Cost of goods sold account $1,316
Cr Inventory account $1,316
Explanation:
Please find attached detailed solution to the above questions and answers.
Answer:
True
Explanation:
For a stock to be in equilibrium, two conditions are necessary:
(1) The stock's market price must equal its intrinsic value as seen by the marginal investor;
(2) the expected return as seen by the marginal investor must equal his or her required return.
Answer:
Acton Corporation
The overhead for the year was:
$1,208 overapplied
Explanation:
a) Data and Calculations:
Estimated manufacturing overhead $361,260
Estimated machine-hours 2,700
Predetermined overhead rate = $361,260/2,700 = $13.38
Actual manufacturing overhead $354,700
Actual machine-hours 2,660
Overhead applied = Actual machine hours * Predetermined overhead rate
= 2,660 * $13.38
= $355,908
Overapplied overhead = Overhead applied minus Actual overhead
= $355,908 - $354,700
= $1,208
Correct/Complete Question:
The answers to an economy's three central economic problems are determined by the interaction of three forces: economic forces, political forces, and social forces. True or False
Answer:
True
Explanation:
The above forces, economic, political and social determine the answers to the three economic problems and also determines how economic forces operate in an economy. The three economic questions are;
- What goods and services should be produced?
- How should these goods and services be produced?
- Who consumes these goods and services?
Political forces are forces that influence the economic and political stability of the market. Social forces include cultural influences on the economic stability of the market. Economic forces on the other hand are the factors that determine/influence the competitiveness of the market in which a firm operates.
I hope this helps.
- A firm that treats the whole world as one market by emphasizing the similar cultures in all the countries is called a global marketing firm.
- A firm that observes the world is comprised of different countries and done marketing of products in each country in a varied manner is called a multinational marketing firm.
<h3>
What is a marketing firm?</h3>
A marketing firm is an entity that enabled a business to create, execute and sustain the marketing strategies in the consumer market.
- The global marketing firm is the one that creates a standardized market in the scenario of similar cultures and adapts when the cultures are different in the worldwide market.
- The multi-national marketing firm is the entity that introduces varied products, their branding, and promotion in various countries in which they have their businesses.
Therefore, the global marketing firm focuses on marketing in the entire world whereas the multinational marketing firm focuses on the country in which they have their business set up.
Learn more about the marketing in the related link:
brainly.com/question/27155256
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