Answer:
Product A, then Product C and finally Product B
Explanation:
The unit profit = Selling price per unit - Variable cost per unit - Fixed cost per unit
Unit Profit of product A = $21 - $11 - $5 = $5
Unit Profit of product B = $12 - $7 - $3 = $2
Unit Profit of product C = $32 - $18 - $9 = $5
The profit of each product in 1 machine hour = 1 hour/ Machine hours per unit * Unit Profit
Profit of Product A in 1 hour using machine = 1/0.2 * $5 = $25
Profit of Product B in 1 hour using machine = 1/0.5*$2 = $4
Profit of Product C in 1 hour using machine = 1/0.2* $5 = $25
Product A & Product C have same profit in 1 hour machine, then we have to consider Direct labor hours per unit which product A is 0.4 while product C is 0.7. It means Product C is more costly in direct labour than Product A.
In short, then the ranking of the products from the most profitable to the least profitable use of the constrained resource is Product A, then Product C and finally Product B
Brand attitude is the opinion of consumers towards a product determine through market research.
Answer and Explanation:
The computation is shown below:
a. The amount in 2 years later is
As we know that
Amount = Principal × (1 + rate)^time period
= $10,675.50 × (1 + 6.5% ÷ 2)^2× 2
= $10,675.50 × (1 + 0.03125)^4
= $10,675.50 × 1.130982
= $12,073.80
b. Now the compound interest is
= Final Amount - principal amount
= $12,073.80 - $10,675.50
= $1,398.30
The above formulas should be applied
Answer:
Producers.
Explanation:
B2B (business-to-business) is a marketing strategy that deals with meeting the needs of other businesses, by selling products or services to the organizations for resale to other consumers, used in production of goods or for the operation of an organisation.
In terms of business customers, these three companies are all examples of producers in the B2B market because they all purchase raw materials from their upstream suppliers, subsequently, they make and then sell their own finished products to the end users or consumers.
Answer:
1. a.) Dr Supplies 4500
Cr Cash 4500
b.) Dr Supplies expense 1000
Supplies 1000
2.a.) Dr Prepaid insurance 24000
Cr Cash 24000
b.) Dr Insurance expense 2000
Cr Prepaid insurance 2000
3. Dr Salaries expense 16000
Cr Salaries payable 16000
4.a.)Dr Cash 4500
Advance rent 4500
b.)Dr Rent expense 1500
Cr Advance rent 1500
Explanation:
1.Supplies were purchased on cash and at the end of period supplies were on hand was 3500 so 1000 was of supplies were used.
2. Annually insurance prepaid was 24000=2000 * 12.so
For the month of Dec was 2000 expense.
3.Salaries for the month of Dec was payable of Rs.16000.
4.As cash was received against rent which was unearned.the rent expense for the month of Dec was = 4500/3=1500.
