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3 years ago

In economics what is a complementary good to energy drinks?

1 answer:

6 0

Here is the correct answer of the given question above. In economics, the complementary good to energy drinks would be SWEETS. In economics, a complementary good is defined as the good that can be used along with other goods. In addition, a substitute good for energy drinks can either be coffee or tea. Hope this answer helps.

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Swifty Fabricators produces protective covers for smart phones. Since the covers must be customized to each smart phone model, S

cupoosta [38]

Answer:

Required 1 Balances :

Direct Materials = $432,000

Work in Process = $183,060

Finished Goods = $40,000

Required 2 total manufacturing costs for September :

Total manufacturing costs = $905,060

Explanation:

Ending September balance of the Direct Materials,

Raw Materials T - Account

Debit :

Opening Balance $31,500

Purchases $3,708,000

Totals $3,739,500

Credit :

Ending Balance $3,307,500

Work In Process $432,000

Totals $3,739,500

Ending September balance of Work in Process,

Work in Process T - Account

Debit :

Opening Balance $152,000

Raw Materials $432,000

Labor Cost $291,060

Overheads Applied $166,000

Totals $1,041,060

Credit :

Ending Balance $183,060

Transfer to Finished Goods $858,000

Totals $1,041,060

Ending September balance Finished Goods .

Finished Goods T - Account

Debit :

Opening Balance $260,000

Transfer from Work In Process $858,000

Totals $1,118,000

Credit :

Ending Balance $40,000

Trading Account $1,078,000

Totals $1,118,000

Calculation of Total Manufacturing Cost

Raw Materials $432,000

Labor Cost $291,060

Overheads Incurred $182,000

Total Manufacturing Cost $905,060

3 0

3 years ago

A small company that shovels sidewalks and driveways has 100 homes signed up for its services this winter. It can use various co

laiz [17]

Answer:

Method 1 should be chose, since it is still the cheapest if labor cost rises to $200/unit.

Explanation:

Total Cost = ( units * labor costs) + (capital cost * units of labor)

Total Cost for Method 1 : (50 * 100) + (10*400)

= $9,000

Total Cost for Method 2 : (20 * 100) + (40*400)

= $18,000

Total Cost for Method 3 : (10 * 100) + (70*400)

= $29,000

If the price of labor rises to $200 then:

Total Cost for Method 1 : (50 * 200) + (10*400)

= $14,000

Total Cost for Method 2 : (20 * 200) + (40*400)

= $20,000

Total Cost for Method 3 : (10 * 200) + (70*400)

= $30,000

5 0

3 years ago

Read 2 more answers

Research has shown that the biggest concern expressed by owners of family businesses about retaining family management is the fe

enyata [817]

The concern family businesses have about retaining family management is

that there may be a lack of innovation with the successors.

This is because all individuals have their respective interest, passion and

knowledge about certain things. The family member who set it up had

interest in the field which led to the establishment of the company.

When the individuals who are to take over have a different interest to what's

applicable then there will be a lack of innovation which is vital in promoting

the company's growth.

Read more on brainly.com/question/25452811

4 0

3 years ago

The following inventory transactions took place near December 31, 2018, the end of the Rasul Company's fiscal year-end:On Decemb

katrin [286]

Answer:

On December 27, 2018, merchandise costing $2,000 was shipped to the Myers Company on consignment. The shipment arrived at Myers's location on December 29, but none of the merchandise was sold by the end of the year. The merchandise was not included in the 2018 ending inventory.

TRANSACTION CORRECTLY ACCOUNTED FOR

On January 5, 2019, merchandise costing $8,000 was received from a supplier and recorded as a purchase on that date and not included in the 2018 ending inventory. The invoice revealed that the shipment was made f.o.b. shipping point on December 28, 2018.

TRANSACTION INCORRECTLY ACCOUNTED FOR, it should have been included in the ending inventory on December 31, 2018, since it was purchased FOB shipping point.

On December 29, 2018, the company shipped merchandise costing $12,000 to a customer f.o.b. destination. The goods, which arrived at the customer’s location on January 4, 2019, were not included in Rasul's 2018 ending inventory. The sale was recorded in 2018.

TRANSACTION INCORRECTLY ACCOUNTED FOR, it should have been included in the ending inventory on December 31, 2018, since it was sold FOB destination.

Merchandise costing $4,000 was received on December 28, 2018, on consignment from the Aborn Company. A purchase was not recorded and the merchandise was not included in 2018 ending inventory.

TRANSACTION CORRECTLY ACCOUNTED FOR

Merchandise costing $6,000 was received and recorded as a purchase on January 8, 2019. The invoice revealed that the merchandise was shipped from the supplier on December 28, 2018, f.o.b. destination. The merchandise was not included in 2018 ending inventory.

TRANSACTION CORRECTLY ACCOUNTED FOR

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4 years ago

Big Donuts has already reviewed its objectives and capabilities, established the screening criteria for reviewing potential fore

enyata [817]

Answer:

Evaluate the marketing mix to target markets

Explanation:

There are four phases in the process of an international marketing planning process and these phases are: First, Preliminary Analysis and Screening Phase. In this phase, the nature of the market entry cost, the constraints in the countries are checked such as political, economic, environmental, and legal forces. After this stage, the Second stage is called the "Adapting the Marketing Mix to Target Market Stage". This is the stage where a match of the marketing mix requirement is done. Big Donuts just completed the first phase and is now in the second phase which is to "Evaluate the marketing mix to target markets".

6 0

3 years ago