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3 years ago

_____________ is by far the most popular target for american franchisors seeking to establish franchises in other countries.

1 answer:

8 0

Canada is by tar the most popular target for american franchisors seeking to establish franchises in other countries. Canada is a great market for franchisors because it's close/easy to travel to. They have a large market and are similar to the U.S. with their expansion and growth as an economy.

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Teel Printing uses two measures of activity, press runs, and book set-ups, in the cost formulas in its budgets and performance r

hoa [83]

Answer:

Spending variance $100 unfavorable

Explanation:

The spending variance is the difference between the standard cost allowed for the actual activity and the actual cost of the activity

Standard cost allowed for the actual activity

=7,850 + (402×203) + (952×112)= 196,080

Actual cost <u>196,180</u>

Spending variance <u> 100</u> unfavorable

6 0

3 years ago

What are some non-monetary costs of attempting to eliminate risks? loss of life loss of productivity loss of time.

NikAS [45]

Some non-monetary costs of attempting to eliminate risks a are time costs, search costs, and psychological costs .

Non-Monetary cost is a cost which a buyer pays other than money, to acquire a thing.The non-monetary price of acquiring a product comprises the time spent looking for it and the risk taken that it will provide the desired benefits.

Non-monetary costs are another type of sacrifice that customers feel when they purchase and use a service. When deciding whether to purchase a service or repurchase it, time costs, search costs, and psychological costs are frequently taken into consideration and may occasionally be more significant considerations than monetary price.

The psychological expenses associated with receiving these services are the most distressing non-monetary charges. Fear of rejection (bank loans), fear of not understanding (insurance), and worry of uncertainty (including fear of high cost) are all examples of fears.

To learn more about non-monetary costs here

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6 0

1 year ago

A company's December 31 work sheet for the current period appears below. Based on the information provided, what is net income f

lbvjy [14]

Answer:

Net income for the current period is $2,350.

Explanation:

Calculation of Net Income for the Current Period.

$ $

Fees earned 7,250

Less Expenses :

Rent expense 1,300

Salaries expense 2,300

Utilities expense 345

Insurance expense 650

Supplies expense 115

Depreciation expense—equipment 190 (4,900)

Net Income / (Loss) 2,350

3 0

3 years ago

When underapplied or overapplied manufacturing overhead is prorated, amounts can be assigned to which of the following accounts?

laila [671]

Answer:

b. Cost of Goods Sold, Work-in-Process Inventory, and Finished-Goods Inventory.

Explanation:

Whenever manufacturing overheads are prorated and under-applied or over-applied, then they are charged to inventory or cost which includes overheads as part of it.

As for instance, raw material inventory do not include any overheads, it is just the purchase price of inventory, as no work is performed on it.

Cost of goods sold, includes all the cost incurred to sale the good, from acquiring raw material to converting finished goods, and then adding the sales expense the goods are sold.

Finished goods include every material and overhead to convert the item into finished state and usable state.

Work in process is half way completed, or the percentage prescribed and includes raw material, includes overheads, but the product is somewhere more than raw inventory and less than finished good.

Therefore, correct option is:

7 0

3 years ago

Birk Co. uses a job order cost system. The following debits (credits) appeared in Birk's work-in-process account for the month o

svp [43]

Answer:

The amount of direct materials charged to Job No. 5 is $5,200.

Explanation:

Work in process, April 30 = Balance + Direct material + Direct labor + Factory overhead - Cost of finished goods

= $4,000 + 24,000 + 16,000 + 12,800 - 48,000

= $8,800

Job No 5 = Work in process, April 30 = $8,800

Job No 5 = Direct material + Direct labor + Factory overhead

$8,800 = Direct material + $2,000 + $1,600 ($2,000 * 80%)

Direct material = $8,800 - $2,000 - $1,600

= $5,200

Therefore, The amount of direct materials charged to Job No. 5 is $5,200.

5 0

3 years ago