A business map is an essential roadmap for business success.
Answer:
$1,490,000
Explanation:
Given that,
Direct Material used = $795,000
Wages to Line workers = $270,000
Indirect Materials used = $425,000
Total product cost for the year:
Direct Material used + Wages to Line workers + Indirect Materials used
= $795,000 + $270,000 + $425,000
= $1,490,000
Therefore, the total product costs for the year is $1,490,000.
<h2>Leadership quality is required for the CEO</h2>
Explanation:
Upon all other quality, leadership quality always stands top and allow him / her to be in top position.
When the company is hiring new CEO, he must look out for the following qualities:
- Proven leadership qualities
- Dedication towards the work and mainly organization
- Crisis management to resolve issues
- The proven responsibility
- The achievement made in the previous workplace
- Ability to maintain confidentiality
- Has good convincing skill
- Ability to bring collaboration, cooperation among the team
- Has control over the team
Answer:
There is a loss of 18,000
Explanation:
In this question, we are asked to calculate the amount of boot in this transaction.
We proceed as follows;
We must identify that to buy one asset, we exchanged one asset with another
Mathematically;
loss or gain = asset given up - Discount received in exchange
From the question we identify the following;
value of asset given up = 225,000 - 195,000 = 30,000
Discount received in exchange = 12,000
Thus, loss or gain is
= 30,000 - 12,000
So, there's a loss of 18,000
Answer : Premium Pricing.
Companies manufacturing or selling designer apparel, custom jewellery or exclusive paintings usually have a unique brand. These companies usually have their own signature brands that have a big competitive advantage. Hence they charge higher prices.