Answer:
Option (b) is correct.
Explanation:
Given that,
Budgeted production (September) = 50,000
Direct labor time for producing each sneaker = 2 hours
Direct labor wages average = $15 per hour
Direct labor budget for September:
= Budgeted production of sneaker in September × direct labor time require for each sneaker × Direct labor wages average per hour
= 50,000 × 2 hour × $15
= $1,500,000
Therefore, the direct labor cost budgeted for September is $1,500,000.
Answer:
$23
Explanation:
Calculation to determine What will be the company's stock price following the stock split, assuming that the split has no effect on the total market value of JPix's equity
P0=70, Split = 3 for 1, New P0?
P0 new= $70/(3/1)
P0 new=$70/3
P0 new= $23
Therefore What will be the company's stock price following the stock split, assuming that the split has no effect on the total market value of JPix's equity is $23
Answer:
b.$70,000
Explanation:
The net income could be computed by two method
First method is
Net income = Revenue - expenses
= $100,000 - $30,000
= $70,000
And, the second method is
The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid
$95,000 = $32,000 + net income - $7,000
So, the net income is $70,000
Answer:
Forward vertical integration
Explanation:
Forward vertical integration is a strategy that allows companies to get more control of their business value chain and be more competitive by including the distribution of the products to be able to reach the customers directly. According to this, the answer is that the strategic move of HTC is known as forward vertical integration as HTC acquired one & co. to be able to offer a line of smartphones which was a move to distribute the cellphones they manufactured directly to the customers.
