Answer:
Unit Cost = $196
Explanation:
As per the data given in the question,
Total variable overhead estimated = 4×31,400 = $125,600
Total overhead estimated = $125,600+$219,800 = $345,400
Predetermined overhead rate = $345,400÷31,400 = $11 per hour
Total overhead applied = $11×20 = $220
Hence, Total job cost = Direct material + Direct Labor + Total overhead
= $580 + $1,160 + $220
= $1,960
So, Unit cost = $1,960 ÷ 10 = $196
The types of KPIs that can be measured besides company-level, campaign-level, department-level, and team-level KPIs is the marketing tactic-level KPIs.
<h3>What is key performance indicator?</h3>
It should be noted that KPI stands for key performance indicator. This is a quantifiable measure of performance over time for a specific objective.
In this case, KPIs provide targets for teams to shoot for, milestones to gauge progress, as well as insights that help people across the organization make better decisions.
A key performance indicator is a type of performance measurement. It should be noted that KPIs evaluate the success of an organization or of a particular activity in which it engages.
The Key Performance Indicators include:
- Revenue growth.
- Revenue per client.
- Profit margin.
- Client retention rate.
- Customer satisfaction.
In conclusion, the correct option is marketing tactic-level KPIs.
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Answer:
I.Communicates business activities
II.Identifies business activities
III.Records business activities
IV.Helps people make better decisions
Explanation:
Accounting is an information measurement system that identifies business activities, records the business transactions as they occur, in order in which they occur, communicate the result of operations to interested parties which helps all the stakeholders make informed decision.
The main goal of accounting information is to communicate the true and fair view position of the entity to people that may want to make informed judgment on the entity.
Answer: products are standardized or homogeneous
Explanation:
Products are standardized or homogeneous for the perfectly competitive market as, in the case of the competitive industry there are no barriers in the industry to entry. The products are homogeneous in the nature and there is large numbers of the firms are perfectly substituted in the industry. So, the price elasticity of the demand for the firm product is infinite.
As the industrial revolution came to the united states, most firms operated in a production orientation. The United States' transition to new industrial techniques between around 1760 and some time between 1820 and 1840 is known as the Industrial Revolution.
This transition encompassed the switch from manual to mechanical production methods, the invention of new ways for producing chemicals and iron, the expansion of steam and water power, the creation of machine tools, and the growth of the mechanized factory system. As a result of the significant increase in output, both the population and the pace of population growth saw previously unheard-of increases during industrial revolution.
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