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STatiana [176]
3 years ago
11

When Slick Heating Company switched to an activity based costing system, it realized that it was allocating, before switch, a mu

ch lower percentage of factory overhead to a product line that the marketing department was trying to push. The product line may contain which type of products?
Business
1 answer:
DIA [1.3K]3 years ago
8 0

Answer:Low volume and complex in nature

Explanation: The product line is likely to contain low volume and complex in nature .The Slick Heating Company is specializing in heat products of low volume and complex in nature .

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A product with a low level of elasticity of demand has which feature?
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6 0
2 years ago
During the year, Bassett Company paid a total of $58,000 for inventory. In one transaction, Bassett sold inventory that had cost
a_sh-v [17]

Answer:

$2,900 Increase

Explanation:

Considering the transaction

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Hence the results of this one transaction is an increase of total assets by $2,900.

6 0
3 years ago
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Karo-lina-s [1.5K]

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3 0
3 years ago
A pension fund has an average duration of its liabilities equal to 15 years. The fund is looking at 5-year maturity zero-coupon
gayaneshka [121]

Answer:

The 52 of its portfolio should be allocated to the zero-coupon bonds to immunie if there are no other assets funding the plan.

Explanation:

the duration of the perpetuity = (1+YTM)/YTM

                                                  = (1+0.04)/0.04

                                                  = 26 years

the weights of the bonds = w

5*w + 26*(1-w) = 15

5*w + 26 - 26*w = 15

21*w =  11

w = 0.52

Therefore, The 52 of its portfolio should be allocated to the zero-coupon bonds to immunie if there are no other assets funding the plan.

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