Answer:
Market research is an effective tool to assist your business planning. It is about collecting information that provides an insight into your customers thinking, buying patterns, and location. In addition, market research can also assist you to monitor market trends and keep an eye on what your competition is doing.
Explanation:
Answer: True
Explanation:
Yes, the given statement is true that the employing capital rationing is one of the process in which it placing some restriction on the investment amount of the project in an organization.
In the capital rationing strategy, if the company accepts less amount from all its prospective projects along with some positive net profit value (NPVs) the it is evaluated on the basis of their own risk.
The employ capital rationing helps in making various types of decisions related to investment for the company and in this system only limited projects are taken due to the limitation of the resources.
Therefore, The given statement is true.
Answer:
$ 5.34
Explanation:
Calculation for cost per equivalent unit for conversion costs for September
First step is to find the Equivalent units of production
To complete beginning work-in-process:
Conversion 12,000
[15,000 units × (100%-20% )]
Units started and completed 65,000
(89,000-24,000)
Ending work-in-process
Conversion 21,600
(24,000 units × 90%)
Equivalent units of production 98,600
Second step is to calculate the Cost per equivalent unit using this formula
Cost per equivalent unit =Cost added during the period ÷Equivalent units of production
Let plug in the formula
Cost per equivalent unit = $526,524÷98,600
Cost per equivalent unit = $5.34
Therefore The cost per equivalent unit for conversion costs for September is closest to $ 5.34
