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3 years ago

Why do tobacco companies try so hard to get customers hooked as teens?

1 answer:

tatiyna3 years ago

4 0

Probably because teens are more likely to give in to peer pressure and use their products. Also if they get hooked at a younger age it is harder to get rid of the habit, therefore giving companies more lifelong customers.

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Process Costing using the Weighted-Average Method

Finger [1]

Answer:

First we find the equivalent units. Then Cost Per Equivalent Units. We apply these costs to the units to find the total cost. Then we compare the given costs with the found costs to see the difference.

Explanation:

Equivalent Units

Particulars Units % of Completion Equivalent Units

Materials Conversion Materials Conversion

Units transfered 6050 100 1000 6050 6050

Ending WIP 450 40 30 180 135

Equivalent Units 6230 6185

Units Completed And Transferred

Particulars Units

Beginning WIP 300

Units started in production 6200

Total Units Available 6500

Less Ending WIP 450

Units Completed and Transferred 6050

Cost Per Equivalent Unit

Particulars Materials Conversion

Beginning WIP $10,500 $6,750

Costs added 332,150 407,645

Total Costs 342,650 414,395

Equivalent Units 6230 6185

Cost Per Equivalent Unit 342,650 / 6230 414,395/ 6185

=$ 55 =$ 67

Costs Assigned

Ending WIP $ 18945

Materials ( 180 * 55) = $ 9900

Conversion ( 135 * 67) = $ 9045

Units Completed And Transferred Out : $ 738100

Materials ( 6050 *55) = $ 332750

Conversion ( 6050 * 67) = $ 405350

Cost Reconciliation

Cost to be accounted for

Beginning WIP ( $10,500 + $6,750 )= $ 17250

Cost added ( 332,150+ 407,645)= $ 739795

Total Costs $ 757045

Ending WIP $ 18945

Units Completed And Transferred Out : $ 738100

Total Costs $ 757045

Which is the same.

6 0

4 years ago

In the process of benchmarking for a variable expense such payroll the typical metrics use are Total dollars and dollars per ava

AlexFokin [52]

Answer:

False

Explanation:

Benchmarking is a process of evaluating the overall or segmental performance of a business by comparing the performance in the relevant segment to the industry standard or to the performance of a competitor in order to identify opportunities for improvement that are within control, using .

In payroll benchmarking , relative metrics can be total cost to payroll , cost per $1000 revenue to manage payroll and others.

Total dollars and dollars per available rooms are not good metrics for payroll benchmarking.

7 0

4 years ago

A researcher is testing a new painkiller that claims to relieve pain in less than 15 minutes, on average. a. State the hypothese

zmey [24]

Answer:

a. H0 : U ≥ 15

Ha : U < 15

b. Type I error is incorrectly conclude that the pain is reduced in less than 15 minutes.

c. Type II error is fail to conclude that time for pain reduction is less than 15 mints when actually its less than 15 minutes.

Explanation:

Null hypothesis is a statement that is to be tested against the alternative hypothesis and then decision is taken whether to accept or reject the null hypothesis.

Type I error is one in which we reject a true null hypothesis.

Type II error is one in which we fail to reject the null hypothesis that is actually false.

6 0

4 years ago

What is the technique used to help groups generate multiple ideas and alternatives for solving problems

bekas [8.4K]

Brainstorming is the technique used to help groups generate multiple ideas and alternatives for solving problems.

This is usually through a group discussion where the members are asked to throughout a list of ideas and solutions and the group discusses them to find a good alternative.

4 0

3 years ago

The city of New Orleans has 200 advertising companies, 199 of which employ designers of normal ability at a salary of $80,000 a

mezya [45]

Answer:

Jacobs will earn $1,080,000

Explanation:

The earnings of the work factor are made up of two factors: Transfer Earnings + Economic Rents.

Transfer earnings are defined as the minimum required amount that a company must pay its workers to keep them in the workplace. Below this amount, the worker will leave his job. In this case, the Transfer Earnings are $ 80,000, which is the base salary of every designer.

On the other hand, the Economic Rents are the additional income that the worker receives and that is above the minimum level they need to supply his work (In this case, the additional income is given by Jacobs' special ability). In numerical terms, the Economics Rents amount is equivalent to the difference between the earnings obtained by the Jacobs company and the earnings obtained by the other companies.

That is: 1,500,000 - 500,000 = 1,000,000.

Therefore Jacobs salary is equivalent to 80,000 + 1,000,000 = 1,080,000.

From this, it can be deduced that approximately 92% of Jacobs' salary is equivalent to Economic Rents. From the theoretical point of view, this makes sense, because the demand for designers (which is a highly qualified profession) is very inelastic, and the more inelastic the greater the proportion of Economic Rents as part of the salary. In the annexes, I show it graphically.

8 0

3 years ago