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3 years ago

Why is it important to look at external sources of information when exploring product and service information?

1 answer:

5 0

Internal data is from within the company, like operations and sales figures. External data comes from looking at the market, such as consumer trends, and marketing research. It is important to consider external data because it gives companies a better picture of their customers and competitors.

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The relation resulting from mapping a weak entity (with a 1:M identifying relationship) has a composite primary key that is comp

Natali [406]

Answer:

(A) True

Explanation:

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3 years ago

In a production budget, if the number of units in finished goods inventory at the end of the period is less than the number of u

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True I believe it’s true because that all seems right

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3 years ago

An asset was purchased for $33,000 on January 1, 2019. The asset's estimated useful life was five years, and its residual va

Gekata [30.6K]

Answer:

loss of $1,200

Explanation:

Depreciation is the systematic allocation of cost to an asset. it is given as

Depreciation = (cost - salvage value)/useful life

When an asset is sold at an amount lower than its carrying or net book value, a loss on sale/disposal is recognized otherwise, a gain on disposal. The netbook value is the cost less accumulated depreciation.

Depreciation = ($33,000 - $4,000)/5

= $5800

Netbook value at disposal = $33,000 - $5800

= $27,200

Gain/(loss) on disposal = $26,000 - $27,200

= ($1,200)

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2 years ago

Gallerani Corporation has received a request for a special order of 4,300 units of product A90 for $26.90 each. Product A90's un

Ksivusya [100]

Answer:

Effect on income= $4,875 increase

Explanation:

Giving the following formula:

Production costs:

Direct materials$2.55

Direct labor 7.85

Variable manufacturing overhead 6.95

Total= $17.35

Special offer:

Selling price= $26.9

Number of units= 4,300

Increase in variable cost= $3.3

Increase in fixed costs= $22,000

Because it is a special offer and there is unused capacity, we will take into account only the incremental fixed costs.

To calculate the effect on income, we need to use the following formula:

Effect on income= incremental contribution margin - incremental fixed costs

Effect on income= 4,300*(26.9 - 17.35 - 3.3) - 22,000

Effect on income= $4,875 increase

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3 years ago

Nicky receives a car for Sam as a gift. Sam paid $48,000 for the car. He had used the car for business purposes and had deducted

VMariaS [17]

Answer:

A.Basis for depreciation=$38,000 gain

Loss basis =$33,000 (Fair market value)

B.Realized gain$ 1,000

C. Realized loss($ 6,500)

Explanation:

A. Calculation for basis for depreciation

Basis for depreciation =$48,000-$10,000

Basis for depreciation=$38,000 gain

Loss basis =$33,000 (Fair market value)

B.Calculation for her recognized gain or loss

Amount realized$32,500

Less Adjusted basis 31,500

( $38,000 - $6,500)

Realized gain$ 1,000

C. Calculation for her recognized gain or loss?

Amount realized$20,000

Less Adjusted basis $26,500

( $33,000 - $6,500)

Realized loss($ 6,500)

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3 years ago