People with an internal locus of control:_____

Schell Company manufactures automobile floor mats. It currently has two product lines, the Standard and the Deluxe. Suppose that

Yakvenalex [24]

Answer and Explanation:

The computation is shown below:

1. The activity rate for each cost pool is

Material handling ($2,300) ÷ (50 + 50) = $23.00

Quality Control ($8,763) ÷ ($570 + 700) = $6.90

Machine Maintenance ($14,360) ÷ (3,090 + 4,090) = $2.00

2

Total overhead assigned to the standard floor mat line is

= $23 × 40 + $6.9 × 570 + $2 × 3,090

= $1,150 + $3,933 + $6,180

= $11,263.00

3

Total overhead assigned to deluxe product line

= $23 × 50 + $6.9 × 700 + $2 × 4,090

= $1,150 + $4,830 + $8,180

= $14,160.00

3 0

3 years ago

Panther Pacific uses the net method of accounting for purchases and sales. The net method assumes that discounts are taken when

GalinKa [24]

Answer: The net method assumes that discount are taken when a purchase or sale of inventory is made on account.

Explanation:

An invoice is a document sent by the seller to the buyer showing the description of the goods bought, the quantity, and the price. In invoice prices are sometimes given subject to so much percentage cash discount. The cash discount is a percentage reduction from the quoted prices of goods.It is an allowance given by the seller to the buyer in order to encourage the buyer to pay promptly. The term of sale known as net date with discount is a process whereby goods bought by the buyer are not paid for immediately, but it is paid for at a later date.

The net method of accounting assumes that the buyer will make use of the opportunity provided by the cash discount given by the seller and pays promptly in order to enjoy the cash discount. For example 2/10 net 30, this means that the buyer will be given 2% discount if the buyer pays within ten days, Therefore, the net method assumes that discount are taken when a purchase or sale of inventory is made on account. Also in the net method the recording of purchase is done with the cash discount given to the buyer by the seller, while sales are usually recorded at the net price.

3 0

3 years ago

Your company has developed a new product that has universal appeal across countries and cultures. In fact, it is expected to ach

Novosadov [1.4K]

Explanation:

So we are required to prepare a list of top 10 countries in terms of population size for the launch of the product and it is expected that the product will achieve high penetration rates regardless of the income.

According to population size, The top 10 countries are given below:

1. China with population of 1.43 Billion

2. India with population of 1.38 Billion

3. USA with population of 0.331 Billion

4. Indonesia with population of 0.273 Billion

5. Pakistan with population of 0.220 Billion

6. Brazil with population of 0.212 Billion

7. Nigeria with population of 0.206 Billion

8. Bangladesh with population of 0.164 Billion

9. Russia with population of 0.145 Billion

10. Mexico with population of 0.128 Billion

Since the growth opportunities are another major concern, the population growth rate of the above top 10 countries are given below:

1. Nigeria with population growth of 66.3%

2. Pakistan with population growth of 44.9%

3. India with population growth of 37.1%

4. Mexico with population growth of 29.2%

5. Bangladesh with population growth of 27.9%

6. Indonesia with population growth of 27.2%

7. Brazil with population growth of 21.9%

8. USA with population growth of 17.3%

9. China with population growth of 13.4

10. Russia with population growth of -0.8%

Analysis:

It is to be noted that India is the only country in the top 3 for both of the categories that is population as well as growth rate.
India and Pakistan are the only two countries in the top 5 for both of the categories that is population and growth rate.
From the above list China, India, USA, Indonesia and Pakistan are top five favorable countries in terms of population.
From the above list Nigeria, Pakistan, India, Mexico, and Bangladesh are top five favorable countries in terms of growth rate.

Note: the above population stats are recorded as of March, 2020 and the growth rates are recorded for the period 2000 to 2020.

5 0

3 years ago

Read 2 more answers

Two basketball teams have a game Friday night. Within the first minute, they sell 8 adult tickets and 12 student tickets for a t

Sliva [168]

Answer:

the price adult ticket is $8 and the price of children tickets is $5.

Explanation:

This question can be solved using a simultaneous equation.

Let :

x = price of adult tickets

y = price of children tickets

If 8 adult tickets and 12 student tickets are sold for a total of $124, the first equation would be

8x + 12y = $124

If 16 adult tickets and 23 student tickets are sold for a total of $243, the second equation would be

16x +23y = $243

The two equations are

8x + 12y = 124

16x +23y = 243

To solve, multiply equation 1 by 2 . This gives equation 3

16x + 24y = 248

Now substract equation 3 from 2. This gives y = 5

To find y, substitute 5 with y in equation 1

8 x + 12(5) = 124

8x + 60 = 124

Solve for x

x = 8

Therefore, the price adult ticket is $8 and the price of children tickets is $5.

I hope my answer helps you

3 0

4 years ago

Relevancy ranking suggests internet search result will be placed in order of

vodomira [7]

Relevancy ranking suggests internet search result will be placed in order of the order of the most relevant to the search query. The first item on the ranking should be the most relevant and then as the list goes down they are less related to the topic being searched for.

8 0

3 years ago

People with an internal locus of control:______.