The jacking point. In front of the rear wheels on the frame are two rubber pads for jacking purposes.
Answer:
a. $129,500
Explanation:
Conversion costs includes all those costs which are used to convert the raw material into the finished goods. All the manufacturing costs excluding material costs are included in the conversion cost.
Total Conversion Cost is calculated as follow:
Direct Labor cost $84,000
Add: Applied Factory overheads <u>$45,500</u>
Total Conversion cost <u>$129,500</u>
The best description of the definition given above is Related diversification because it entails when a firm enters a different business in which it can benefit from leveraging core competencies, sharing activities, or building market power.
<h3>What is Related diversification?</h3>
Related diversification refer to a situation when a firm change into another new industry that is very similar with the firm's existing industry or industries
The benefit of related diversification is it allow the sharing of related resources and ensures profit of real diversification.
Therefore, Related diversification is when a firm enters a different business in which it can benefit from leveraging core competencies, sharing activities, or building market power.
Learn more on diversification from the link below.
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Major Account Management is the practice of concentrating on key clients in order to develop long-term, cooperative relationships that are mutually profitable.
Understanding who makes choices, who our rivals are, and how our product affects the customer's business are all important aspects of managing major accounts. Those in management should keep refining their analytical, networking, and questioning skills.
Since success does not just happen, any important account needs to be managed. Organizing a regular review meeting with the customer, educating the account staff to better understand the customer, handling issues and managing complicated projects are all examples of managing. When I say manage, I mean performing all those actions that make things run smoothly. We will significantly boost our chances of long-term, sustainable success if we put a lot of effort into each of the account management areas and if we earn our consumers' confidence.
Learn more about Major Account Management here
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#SJP4
Answer:
$7,400
Explanation:
The impact on the company's overall profit is shown below:-
<u>Particulars Amount
</u>
Sales $50,320 (740 × $68)
Less : Variable cost
Direct material $30,340 (740 × $41)
Direct Labor $10,360 (740 × $14)
Variable Manufacturing
overhead
($51,000 ÷ 17,000) $2,220 (740 × $3)
= 3
company's overall profit $7,400
To reach the company's overall profit we simply deduct the Direct material, direct labor and variable manufacturing overhead from sales.
