<span>They are in the introduction stage of the product life cycle. Kellogg has not yet introduced them to many stores, and people don't yet have a good idea of what benefits the product offers. Kellogg needs to start an advertising campaign to educate the public on blue ginger multi-grain blue rice chips.</span>
Answer:
Incremental income from reworking the phone is $49,300
Explanation:
Scrap Rework
Sales $46,400 $214,600
<em>(32 * 1,450) (148 * 1,450)</em>
<em />
- Rework costs 0 $118,900
<u> </u><em><u>(82 * 1,450)</u></em>
Profit <u>$46,400 $95,700</u>
Incremental income from reworking the phone
= $95,700 - $46,400
= $49,300
Answer:
False
Explanation:
Cost
This is simply defined as a payment of cash or the commitment to pay cash in the future for revenues purpose. E.g. The cash used to purchase a tractor, is the cost of the tractor.
Conversion costs
This is simply regarded as direct materials, direct labor, and factory overhead costs that can be selected together or grouped together for analysis and reporting. It consist of direct labor in factory overhead costs.
The Equation for Conversion cost is simply = Direct Labor Cost + Manufacturing Overhead Cost.
While the Equivalent Units of Production = Number of Units Transferred to the next department + Equivalent Units in Ending Works in Process Inventory.
The equation for Equivalent units of production for conversion cost is given below: Units completed and transferred out + Equivalent units in ending work in process for conversion cost.
The equation for Cost per equivalent unit for conversion cost is simply =
(conversion cost of beginning work in process + conversion cost added during the period)/ Equivalent units of production for conversion cost.
Reduction of premium payment would be chosen.
This enables the policyholder to deduct policy dividends from the premium for the next year. Consequently, it will be simpler for the policyholder to pay her subsequent premium.
<h3>What is a dividend?</h3>
A dividend is a cash paid to you by your life insurance provider. This typically signifies that you have a participating policy contract, commonly known as a whole life insurance policy that pays dividends. You receive dividend payments from that company when it is profitable, rewarding your investment. You have the option of receiving this money through dividend options.
<h3>Converting Your Dividend Into Premium</h3>
This dividend option for life insurance is quite simple. If selected, your insurance provider will just use your payout to cover all or a portion of your yearly payment. If you select this option and your dividend is greater than your premium, you might also need to select a secondary alternative. On the other hand, you will need to make the remaining payments as usual if your dividend is less than your premium.
You must begin paying your premium on an annual basis if you decide to use your payout toward it. For instance, you would still need to pay the remaining $6,500 all at once if your annual premium was $8,000 and your dividend was $1,500. You may pay more or less of your premium each year depending on how the dividends change over time.
Learn more about reduction of premium here:
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