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zhannawk [14.2K]
3 years ago
5

Country Comfort Coffee’s strategic management team is reviewing the company’s mission statement—to produce the world’s best-tast

ing coffee—to determine whether or not their new idea to produce pod coffee matches with the company’s core values. Does the pod coffee idea fit with Holden Evans' mission statement?
Business
1 answer:
evablogger [386]3 years ago
3 0

Answer:

Yes, pod coffee fit well with the company's mission statement.

Explanation:

Holden Evans' mission is “To produce the world’s best-tasting coffee.”

This encompasses all forms of coffee including the pod coffee concept.

As long as the pod coffee is equal in quality and taste to the other forms of coffee, then the concept is in line with the mission statement.

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Pajama Corp. uses direct materials (fabric, thread, buttons), and direct labor (cutting, sewing labor) to make each pair of paja
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Question Completion:

Estimated manufacturing overhead costs = $156,000

Estimated direct labor cost = $390,000

Estimated direct materials cost = $350,000

Answer:

Pajama Corp.

The cost driver rate = $0.40 per DL cost.

Explanation:

a) Data and Calculations:

Estimated manufacturing overhead costs = $156,000

Estimated direct labor cost = $390,000

Estimated direct materials cost = $350,000

Cost driver rate = $0.40 ($156,000/$390,000)

b) To calculate the cost driver rate, Pajamas Corp. divides the total estimated manufacturing overhead costs by the cost driver (direct labor cost).  This implies that the cost driver rate is the total cost of activity pool divided by its cost driver.  This yields the amount of overhead and indirect costs related to a particular activity.

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3 years ago
Toan Inc. uses a job-order costing system in which any underapplied or overapplied overhead is closed to cost of goods sold at t
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Answer:

$129,000

Explanation:

The computation of the unadjsuted cost of goods sold is shown below:

Before that we need to compute the total cost and cost per unit which are as follows

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= $989,000 ÷ 23,000 units

= $43

And, the number of units sold is 3,000 units

So, the cost of good sold unadjusted is

= Number of units sold × cost per unit

= 3,000 units × $43

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13. Which of the following is NOT used to describe the state of an economy?
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Answer:C.TINSTAAFL Rating

Explanation:

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4 years ago
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