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3 years ago

When a market’s annual growth rate falls below 10 percent, a star will become a dog if it still has the largest market share?

1 answer:

3 0

That statement is false

according to IX Boston Consulting Group Model, a star will became a cash cow if it still has the largest market share under this circumstances.
This means that the company still making enough cash for its employees and still enjoy a pretty high-profit margin.

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The Smith Company manufactures insulated windows. Costs for March were as follows. Direct labor $53,000 Indirect labor 18,000 Sa

Marat540 [252]

Answer:

$27,000

Explanation:

The following costs were incurred by Smith's company during the month of March

Direct labor $53,000

Indirect labor 18,000

Salary of corporate vice president for advertising 25,000

Direct materials 48,000

Indirect materials 4,000

Interest expense 7,500

Salary of factory supervisor 3,000 Insurance on manufacturing equipment 2,000

Therefore the actual manufacturing overhead for March can be calculated as follows

= Indirect labour + indirect materials + salary of factory supervisor + insurance on manufacturing equipments

= $18,000 + $4,000 + $3,000 + $2,000

= $27,000

Hence the actual manufacturing overhead for March is $27,000

8 0

3 years ago

The Fabricating Department started the current month with a beginning Work in Process inventory of $11,200. During the month, it

SVETLANKA909090 [29]

Answer:

The ending balance of the Work in Process Inventory account for the Fabricating Department is: $11,200

Explanation:

To determine Ending Balance of Work in Process Inventory, Prepare a Manufacturing Cost Statement.

Opening Work in Process Inventory $11,200

Add Cost Added During the Period :

Direct materials $77,200

Direct labor $25,200

Factory overhead ( $25,200 × 50%) $12,600

Total Manufacturing Costs $126,200

Less Transfer to Next Department ($115,000)

Closing Work in Process Inventory $11,200

Conclusion :

Therefore, the ending balance of the Work in Process Inventory account for the Fabricating Department is: $11,200

6 0

3 years ago

Click to review the online content. Then answer the question(s) below, using complete sentences. Scroll down to view additional

denis23 [38]

It might be easier because most credit unions require some kind of affiliation while banks will let anyone with money open and account.

6 0

2 years ago

Brian has been recently promoted to the position of CEO at a large company that produces a wide variety of consumer goods. Brian

antoniya [11.8K]

Answer: C. Personality traits that are associated with success in one situation are likely to lead to success in other situations.

Explanation:

Personality traits shows the thoughts, behaviors and feelings of people. The main personality traits are extraversion, openness, agreeableness, conscientiousness, and neuroticism

Based in the information given in the question, Brian assumes that the personality traits that are associated with success in one situation are likely to lead to success in other situations. This is because personality traits are typically consistent and playing a vital role in the success of an individual.

4 0

2 years ago

Chiller Company has credit sales of $5.60 million for year 2013. Chiller estimates that 1.32% of the credit sales will not be co

dsp73

Answer:

$59,045.80

Explanation:

The following information was missing:

Accounts Receivable total $1,565,170

Assuming the company uses the percent of accounts receivable method, what is the amount that Chiller will enter as the Bad Debt Expense in the December 31 adjusting journal entry?

total uncollectible debt = $1,565,170 x 4% = $62,606.80

since the account balance of the allowance for doubtful accounts is $3,561 (credit), the adjusting entry should be:

December 31, 2013, bad debt expense

Dr Bad debt expense (= $62,606.80 - $3,561) 59,045.80

Cr Allowance for doubtful accounts 59,045.80

7 0

3 years ago