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3 years ago

The attempt to create and defend markets that satisfy the needs of consumers and business customers is the basic thrust of:

Business

1 answer:

Tema [17]3 years ago

5 0

Answer:

Marketing

Explanation:

Marketing objectives refer to which products should be sold in which markets and the strategies to do it. This depicts the business's strategic thrust, which determines its direction in the future. The alternatives comprise market penetration, elaboration of new products, elaboration of new markets, and access to new markets.

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Total profit is maximized a. where the difference between total revenue and total cost is greatest. b. at that output level wher

Bess [88]

I believe that the correct answer is b

4 0

3 years ago

If the economy is initially at long-run equilibrium and aggregate demand declines, then in the long run the price level

torisob [31]

Answer:

(D) is the same and output is lower than in the original long-run equilibrium.

Explanation:

In the long term the prices are flexible. They adapt to the new situation of a decrease in the demand. This is consistent with with a lower output, consecuences of the decreasing in the demand.

7 0

3 years ago

g Which one of these will increase the present value of a set amount to be received sometime in the future? A) Increase in the t

alisha [4.7K]

Answer:

Decrease in the interest rate

Explanation:

Present value is the sum of discounted cash flows

let me use an example to illustrate

the present value of $100 in year 0 discounted at 6% = $100

the present value of $100 one year from now discounted at 6% = $94.33

the present value of $100 two years from now discounted at 6% = $89

We can see that present value decreases with an increase in time

2. the present value of $100 one year from now discounted at 6% = $94.33

the present value of $90 one year from now discounted at 6% = $84.91

We can see that present value decreases with a decrease in the future value.

3. the present value of $100 one year from now discounted at 6% = $94.33

the present value of $100 one year from now discounted at 5% = $95.24

We can see that the lower the discount rate, the higher the present value

7 0

3 years ago

Rayya Co. purchases a machine for $184,800 on January 1, 2019. Straight-line depreciation is taken each year for four years assu

gizmo_the_mogwai [7]

Answer:

Refer explanation

Explanation:

A. Straight-line depreciation is whereby the same amount is depreciated every year throughout the life of the asset. It is calculated as:

(Cost of asset - Salvage Value) / Estimated total number of life years of asset.

The depreciation per year for the machine would be: ($184800 - 0) / 8

= $23,100

Depreciation for partial year’s depreciation as at 01 July 2023 = $23100 / 2 = $11,550

Debit : Depreciation account : $11550

Credit : Accumulated depreciation account : $11550

B. In order to account for sale, it should be identified whether it is a profit on sale or loss on sale. This is calculated by comparing the net book value of the asset at the time of sale, and it’s sale price. If the sale price is higher than the NBV, it is a profit on sale. If the sale price is lower than the NBV, it is a loss on sale. Net book value is calculated as cost of asset - accumulated depreciation.

If the asset was purchased on January 01 2019 and sold on July 01 2023, it was used for 4.5 years. Hence, the accumulated depreciation of the asset is $23100 x 4.5 = $103950.

NBV = $184800 - $103950 = $80,850

(B1) Machine is sold for $92,400

Profit on sale : $92400 - $80850 = $11550

Debit : Cash : $92400

Debit : Accumulated depreciation : $103950

Credit : Profit on sale of asset : $11550

Credit : Machinery Account : $184800

(B2) Machine is sold for $77616

Loss on sale : $77616 - $80850 = $3234

Debit : Cash : $77616

Debit : Loss on sale of asset : $3234

Debit : Accumulated depreciation :$103950

Credit : Machinery Account : $184800

6 0

3 years ago

Required information Problem 17-3A Applying activity-based costing LO P1, P3, A1, A2, C3 [The following information applies to t

oksano4ka [1.4K]

Answer:

Craft Pro Machining

The overhead cost for each unit of the jobs:

Job 3175 Job 4286

Number of units 200 units 2,500 units

Direct labor hours 500 DLH 4,375 DLH

Plantwide overhead rate = $371.28205

Overhead allocation $185,641.03 $1,624,358.97

Unit overhead cost $928.21 $649.74

Explanation:

a) Data and Calculations:

Production Activity Indirect Labor Indirect Materials Other Overhead Grinding $ 320,000

Polishing $ 135,000

Product modification 600,000

Providing power $ 255,000

System calibration 500,000

Total overhead cost $1,810,000

Additional information on the drivers for its production activities follows.

Grinding 13,000 machine hours

Polishing 13,000 machine hours

Product modification 1,500 engineering hours

Providing power 17,000 direct labor hours

System calibration 400 batches

Job 3175 Job 4286

Number of units 200 units 2,500 units

Machine hours 550 MH 5,500 MH

Engineering hours 26 eng. hours 32 eng. hours

Batches 30 batches 90 batches

Direct labor hours 500 DLH 4,375 DLH 4,875 DLH

Plantwide overhead rate based on direct labor hours:

= Total overhead costs/Total direct labor hours

= $1,810,000/4,875

= $371.28205

5 0

3 years ago