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Yuri [45]
3 years ago
11

Borden Inc. offers pasta snacks grocery and dairy items as well as films adhesives another nonfood products these products are r

eferred to as Borden’s
Business
1 answer:
Oksana_A [137]3 years ago
7 0
<span>product mix
 Product mix, also known as product assortment, is the total number of product lines that a company offers to its customers. The product lines may range from one to many, and the company may have many products under the same product line as well.</span>
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Choose a real or made up example of a company, and describe at least three fixed costs the company has. (1-3 sentences. 1.5 poin
goldenfox [79]

Answer:

Let us take ABC Company, a manufacturing company to be our example company in discussing the fixed costs. Fixed costs are costs that remain constant for a given period of time regardless of changes in volume. The ABC Company’s fix costs includes the rent, insurance on property, and depreciation on machinery and equipment.

The rent is a fixed cost because it has a fixed amount which is to be paid every month. And the insurance on property is a fixed costs since the amount of the insurance that the company pays every month is already fixed and cannot be changed. The depreciation on machinery and equipment is also a fixed costs because the amount of depreciation is already computed and allocated every year to be expended and recorded at fixed cost.

5 0
3 years ago
Percy Company purchased 80% of the outstanding voting shares of Song Company at the beginning of 2014 for $406,000. At the time
Gnom [1K]

Answer:

since Percy Company's owns 80% of Song Company's stocks, we must use the equity method to record its investment in Song Company

Beginning 2014, investment in Song Company

Dr Investment in Song Company 406,000

    Cr Cash 406,000

2014, to record Song's net income

Dr Investment in Song Company 48,480

    Cr Investment revenue 48,480

2015, to record Song's net income

Dr Investment in Song Company 43,120

    Cr Investment revenue 43,120

2016, to record Song's net loss

Dr Loss on investment 45,760

    Cr Investment in Song Company 45,760

2014, to record Song's dividends

Dr Cash 19,040

    Cr Investment in Song Company 19,040

2015, to record Song's dividends

Dr Cash 40,480

    Cr Investment in Song Company 40,480

2016, to record Song's dividends

Dr Cash 29,040

    Cr Investment in Song Company 29,040

   

5 0
3 years ago
Vaughn Manufacturing reported total manufacturing costs of $450000, manufacturing overhead totaling $98000, and direct materials
WARRIOR [948]

Answer:

Direct labor cost will be equal to $236000

Explanation:

We have given total manufacturing cost = $450000

Manufacturing overhead totaling is equal to $98000

And direct material totaling is equal to $116000

We have to find the direct labor cost

Direct labor cost is equal to

Direct labor cost = Total manufacturing cost - manufacturing overhead totaling - direct material totaling

= $450000 - $98000 - $116000 = $236000

So direct labor cost will be equal to $236000

3 0
3 years ago
Which of the following is the meaning of "market" in economics?
postnew [5]
<span>The mechanism, process, or means by which buyers and sellers are brought together.</span>
3 0
3 years ago
Al’s Fine Winery has had workers attempting to band together to form a union. Al’s wants to avoid letting the workers gain too m
Nataly [62]

Answer:

Yellow dog contracts

Explanation:

Yellow dog contracts are given by employers in which they and the new hirees agree that employees would not engage unions activity under the company's payroll. It attempt to avoid the formation of labor unions so the organizations only will have the power in employee decisions

It is considered illegal after the Norris-LaGuardia Act of 1932 was enacted

3 0
3 years ago
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