Answer:
Total unitary cost= $29.8
Explanation:
Giving the following information:
The company's plantwide overhead rate is $25 per machine-hour (MH). Each unit of the product requires 0.6 machine hours. The direct material cost per unit of product is estimated at $10.96 and direct labor cost is estimated at $3.84 per unit.
Total unitary cost= 10.96 + 3.84 + (25*0.6)= $29.8
This is false. a fad is a product that is popular for a SHORT amount of time .
Answer:
<u>Investment</u>
Explanation:
While launching a new product, a firm has to decide upon the marketing expenditure it is willing to incur based upon the market the product is targeted at and other data and projections.
For some products, an aggressive marketing strategy might be suitable and could be viable in the long run.
In the given case, the marketing manager has decided upon an aggressive marketing strategy for the product which would involve high costs for which the management is not willing.
Thus, the marketing manager in such a scenario needs to convince the management by promoting such marketing costs as an investment cost which shall yield high returns in the near future.
Answer:
From the attached excel file, we have:
a. Ending Cash Balance:
October = $30,000
November = $30,000
December = $34,546
b. Loan Balance End of Month:
October = $20,100
November = $15,301
December = $0
Explanation:
Note: See the attached excel file for the cash budget for October, November, and December.
In the attached excel file, the following calculations are made:
October additional loan = Minimum required cash balance - October Preliminary cash balance = $30,000 - $19,900 = $10,100
November Loan Repayment = November Preliminary cash balance - Minimum required cash balance = $34,799 = $30,000 = $4,799
Answer:
The amount FVI should record is $ 617,200
Explanation:
The amount FVI should record as the cost of the land includes the initial purchase price ,broker's commission,title insurance ,miscellaneous closing costs as well as the cost of dismantling the old warehouse since all of these costs were incurred to bring the asset acquired to its present condition and location.
land purchase price $540,000
broker's commission $34,000
title insurance $2,400
miscellaneous closing costs $6,800
Cost of demolition $34,000
total costs $617,200