Answer:
using conventional costing system:
- unit cost mercon = $21.40
- unit cost wurcon = $90.80
total production costs using conventional costing system:
- 4,000 units of mercon = 4,000 x $21.40 = $85,600
- 8,000 units of wurcon = 8,000 x $90.80 = $726,400
Explanation:
Mercon Wurcon
Direct materials cost per unit $9.00 $7.00
Direct labor cost per unit $6.00 $7.00
Direct labor-hours per unit 0.20 2.40
overhead rate applied $6.40 $76.80
Number of units produced 4,000 8,000
overhead rate = total overhead / total direct labor hours = $640,000 / [(4,000 x 0.20) + (8,000 x 2.40)] = $640,000 / 20,000 = $32 per direct labor hour
unit cost mercon = $9 + $6 + $6.40 = $21.40
unit cost wurcon = $7 + $7 + $76.80 = $90.80
Answer:
Definition 1:
FINANCE is the function in a business responsible for acquiring funds for the firm, managing funds within the firm, and planning for the expenditure of funds on various assets. ... FINANCIAL MANAGEMENT is the job of managing a firm's resources so it can meet its goals and objectives.
Definition 2:
Finance is critical in just about every business decision, from planning and budgeting and cash flow management to the capital structure and how you control risks and costs.
(please note that this was found by doing research.)
Hope this helps!
Can I have brainliest, please? I'm trying to earn 50 Brainliest.
Answer:
The correct answer is letter "D": Segment positioning.
Explanation:
Market segmentation refers to the classification a company makes of its customers by features such as <em>age, gender, income, lifestyles, </em>or <em>location</em>. It allows specializing in the production of one product that better matches part of the market's needs. Market segmentation has three (3) main steps: <em>Targeting, Product Positioning, </em>and <em>Deciding on a Marketing Mix</em>.
<em>The </em>segment positioning<em> stage involves developing a detailed product for the sector of the market selected and developing a marketing mix that segment. Product price and value are also set during this phase.</em>
Answer:
$100
Explanation:
Simple interest is calculated using the formula
I = P x R x T
where I = interest
P= principal amount, $1,250
R= interest rate , 8% or 0.08
T = Time, one year
The interest troy will earn is
I= $1250 x 0.08 x 1
= $100
Troy will earn $100 as interest
