Answer:
Instructions are below.
Explanation:
<u>We were provided with the activity rates. To calculate the total cost, first, we need to allocate overhead to both product lines:</u>
<u></u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Product K425:
Allocated MOH= (6*80) + (4*100) + (50*1) + (90*1) + (14*1) + (9*80)
Allocated MOH= $1,754
Product M67:
Allocated MOH= (6*500) + (4*1,500) + (50*4) + (90*4) + (14*10) + (9*500)
Allocated MOH= $14,200
<u>Now, we can calculate the unitary cost:</u>
Product K425:
Unitary cost= 13 + 5.6 + (1,754/200)
Unitary cost= $27.37
Product M67:
Unitary cost= 56 + 3.5 + (14,200/2,000)
Unitary cost= $66.6
Answer:
Big M
Explanation:
The Big M Marketing is creating value for specific people. creating value here means understanding the peoples needs and motivations and using it to create a product to deliver to the people.
Budweiser is been advertised as the king of beers in america. this symbol has demonstrated its marketing strategy at identifying the peoples needs and thereby creating a value for it customers through its brand.
Premium is often paid by people based on some kinds of services offered.
From the picture attached, we can see Royce' premiums for the previous year, which were;
- Bodily injury $22.50
- Property damage $144.75
- Collision $275.75
- Comprehensive $100
If you add all together, the total premium of the policy was $543
Note that the premiums will increase by 5.2%,
therefore, the new total premium will be = $543 x 1.052 = $571.24
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One of the most common mistakes new business owners make is C. setting unrealistic goals
As a new business owner, you have to determine your goal for your business which is achievable.
Answer:
credited; right; debited; left
Explanation:
The journal entry to record this transaction is shown below:
Cash A/c Dr $1,900
To Service revenue A/c $1,900
(Being the cash is collected)
It to be displayed in T accounts
For cash account
Cash
Debit side
Service revenue $1,900
For service revenue account
Service revenue
Credit side
Cash $1,900
So, the cash account would be debited and would be displayed on the left hand side while the service revenue would be credited and would be displayed on the right hand side
