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3 years ago

The objective of a best-cost provider strategy is to:

Business

1 answer:

Ann [662]3 years ago

3 0

Answer:

e. offer buyers the industry's best-performing product at the best cost and best (lowest) price in the industry.

Explanation:

Best cost provider strategy aims to provide the best goods as there is no compromise in quality and then the cost for customers is also comparatively low, as that provided by competitors.

This is clearly demonstrated by statement e, all other statements are not describing the basic characteristics of best cost providing strategy.

This is basically by attracting more and more customers with the low price and with no degradation in the quality, as this is least cost to customers, the customers prefer this a lot.

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Altex Inc. manufactures two products: car wheels and truck wheels. To determine the amount of overhead to assign to each product

Lorico [155]

A) Direct labor hrs for car wheels = estimated wheels *direct labor per wheel

40,000 *1hr = 40,000

Direct labor hrs for Truck

10,000 * 3hr= 30,000

total direct labor hrs 40,000+30,000 = 70,000 hrs

Overhead rate is total est oh cost/ total direct labor hrs

770,000/70,000= 11.00

B) Car truck wheels 40,000*11 =440,000

Truck wheels 10,000*11=110,000

6 0

3 years ago

Roy Company manufactures a product in Departments A and B. Materials are added at the beginning of the process in Department B.

slamgirl [31]

Answer:

Number of equivalent units= 18,000

Explanation:

Giving the following information:

Conversion costs for Department B were 50% complete concerning the 6,000 units in the beginning work in process and 75% complete for the 8,000 units in the ending work in process. A total of 12,000 units were completed and transferred out of Department B during February.

With the information provided, we can calculate the number of equivalent units of the period.

Beginning work in process = 6,000*0.5= 3,000

Units started and completed = 12,000 - 3,000= 9,000

Ending work in process completed= 8,000*0.75= 6,000

Number of equivalent units= 18,000

6 0

3 years ago

The the bacteria turn the nitrogen into

Archy [21]

Soil bacteria convert atmospheric nitrogen into nitrates that becomes usable by a plant's root(s) to absorb it and use it in chemical reactions.

5 0

3 years ago

Davison Toaster Corp. sells its products for $250 per unit. It has the following costs:

dolphi86 [110]

Answer:

Break-even point in units= 1,860

Explanation:

Giving the following information:

Selling price= $250 per uni

Fixed costs= 109,900 + 290,000= $399,900

Unitary variable cost= 29 + 6= $35

To calculate the break-even point in units, we need to use the following formula:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 399,900 / (250 - 35)

Break-even point in units= 1,860

7 0

4 years ago

Presented below is the adjusted trial balance of Splish Brothers, Inc. at December 31, 2017. Debit Credit Cash $ ? Supplies 1,33

igomit [66]

Answer:

Cash $ 5710

Total debit side $ 199200 Credit side $ 199200

Explanation:

We list the correct accounts at the right side. First we add up the credit side to find the total and then subtract the debit side from it to get the cash amount as the debit and credit side of the trial balance must be equal.

Splish Brothers, Inc.

Adjusted trial balance

December 31, 2017.

Debit Credit

Cash $ 5710

Supplies 1,330

Accounts Receivable 3,580

Prepaid Insurance 2,620

Equipment 80,160

Accumulated Depreciation—Equipment $20,100

Trademarks 3,760

Accounts Payable 3,220

Salaries and Wages Payable 920

Unearned Service Revenue 1,060

Bonds Payable (due 2024) 31,880

Common Stock 2,120

Additional paid-in capital 15,160

Retained Earnings 14,720

Service Revenue 30,040

Salaries and Wages Expense 14,080

Insurance Expense 2,400

Rent Expense 3,260

Interest Expense 2,320

Total $ 199200 $ 199200

7 0

4 years ago