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3 years ago

Which of the following is a disadvantage of a strategic alliance?

Business

1 answer:

lions [1.4K]3 years ago

6 0

Answer: E. Strategic alliance gives competitors a low-cost route to new technology and markets

Explanation:

A strategic alliance is simply when there is an agreement that takes place between two or more parties so that a certain objective can be achieved even though the companies still maintain their independence.

The disadvantage of a strategic alliance is that strategic alliance gives competitors a low-cost route to new technology and markets.

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Baxter Company's merchandise inventory at the start of 2014 was $85,000. The company purchased inventory during 2014 in the amou

Hatshy [7]

<h2>Cost of goods sold of Baxter's Company = 3,06,000</h2>

Explanation:

Cost of goods sold = +Purchase + Direct Exp+ Opening Inventory - Closing Stock

85,000 + 3,23,000 - 1,02,000 = 3,06,000

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3 years ago

Hagos Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.84 direct labor-

Naya [18.7K]

Answer:

$31584

Explanation:

Solution

The first step is to compute the total direct labor hours required for production:

Now for the month of June,

The total direct cost of labor = The produced Unit * The Hours per unit

= 2100 * 84 hours per unit

It gives us

=1,764 Hours

For the month of July,

The total direct cost of labor = The produced Unit * The Hours per unit

= 1900 * 84 Hours per unit

= 1,596 Hours

Next is to calculate the direct labor cost.

For the month of June

Direct labor cost = Direct labor hours * The rate per direct labor hour.

= 1,764 Hours * $9.40 per hour

= $16581.6

For the month of July

Direct labor cost = Direct labor hours * The rate per direct labor hour.

= 1,596 Hours * $9.40 per hour

= $15002.4

Now,

We will compute pr find the combined direct labor cost for the two months

The combined direct labor * Direct labor cost (June) + Direct labor cost (July)

Which is now,

= $16581.6 + $15002.4 = $31584

Therefore the combined direct labor cost for the two months is $31584

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4 years ago

On January 1, 2020, Pina Corporation sold a building that cost $263,240 and that had accumulated depreciation of $101,140 on the

Firlakuza [10]

Answer:

Gain from sale = $23,067

Explanation:

the none interest bearing note must be recorded at present value:

present value of the note = face value / (1 + r)ⁿ

face value = $253,240
r = 11%
n = 3

PV = $253,240 / (1 + 11%)³ = $185,167

the note receivable must be recorded at $253,240, but $68,073 will be recorded as interest revenue.

the journal entry for the transaction should be:

January 1, 2020, sale of a building:

Dr Notes receivable 253,240

Dr Accumulated depreciation 101,140

Cr Building 263,240

Cr Interest revenue 68,073

Cr Gain from sale 23,067

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3 years ago

How and why do congress and the president rely on administrative agencies?

GREYUIT [131]

<span>The Constitution makes it clear that the Congress, rather than the President of the United States, has power to assign</span>

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3 years ago

The following transactions involving intangible assets of Minton Corporation occurred on or near December 31, 2017. 1. Minton pa

kvv77 [185]

Answer and Explanation:

As per the data given in the question,

The journal entries are shown below:

A. On the date of transaction

1. Franchise A/c Dr. $400,000

To Cash Cr. $400,000

(Being cash paid is recorded)

2. Research and development expense A/c Dr. $600,000

To Cash Cr. $600,000

(Being cash paid is recorded)

3. Patents A/c Dr. $180,000

To Cash Cr. $180,000

(Being cash paid is recorded)

4. Patents A/c Dr. $140,000

To Cash Cr. $140,000

(Being cash paid is recorded)

5. Legal fees expense A/c Dr. $480,000

To Cash Cr. $480,000

(Being cash paid is recorded)

6. Patents expense A/c Dr. $252,000

To Patents Cr. $252,000

(Being patent expense is recorded)

7. Research and development expense $104,000

To Cash Cr. $104,000

(Being cash paid is recorded)

B. Journal entries on Dec-31, 2018

1. No journal entry is needed

2. No journal entry is needed

3. Amortization expense A/c Dr. $18,000

To Patents Cr. $18,000

(Being the amortization expense is recorded)

4. Amortization expense $35,000 ($140,000 ÷ 4 years)

To Patents Cr. $35,000

(Being the amortization expense is recorded)

5. No journal entry is needed

6. No journal entry is needed

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3 years ago