Answer:
c. A general manager defining a superior customer service strategy for his division to better deliver its products.
Explanation:
Business Level Strategies focuses on satisfying the needs of customers and then aiming to earn more than the average return.
For any organization which aims to grow needs to know its customer properly, about the needs, demands, as it can only grow if the customer satisfaction is maximum.
In the given instance, the statement "c" focuses on specific customer strategy to ensure that the department or division in concern will deliver to customer the better version of services.
As this aims for maximum satisfaction for customer, this is the correct example of Business Level Strategies.
no it wouldn’t apply because it depends on the state law your in.
Answer:
special assessment
Explanation:
Special assessments are taxes levied on real estate to fund public improvements to the property that will benefit that property.
It is also called improvement taxes.
Answer:
Explanation:
The cost allocation of each lot is presented below:
(A) (B) (A × B)
Lot Appraised Value Percentage Purchase value Allocated cost
Lot 1 $76,500 15% $355,000 $53,250
Lot 2 $229,500 45% $355,000 $159,750
Lot 3 $204,000 40% $355,000 $142,000
Total $510,000 100% $355,000
Now the journal entry would be
Land - Lot 1 $53,250
Land - Lot 2 $159,750
Land - Lot 3 $142,000
To Cash A/c $355,000
(Being the lots are purchased for cash)
Answer:
Estimated manufacturing overhead rate= $30.5 per direct labor hour
Explanation:
Giving the following information:
Direct labor-hours= 79,000 labor-hours.
The estimated variable manufacturing overhead was $11.90 per labor-hour and the estimated total fixed manufacturing overhead was $1,469,400.
To calculate the predetermined manufacturing overhead rate we need to use the following formula:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= (1,469,400/79,000) + 11.9= $30.5 per direct labor hour