Answer:
TRUE - Market Based Analysis
Explanation:
Market based analysis is a technique used by sellers to increase sales by better understanding the purchase patterns of customers. It is based on the idea that if a customer buys a certain group of goods, the customer is more or less likely to buy another group of goods. It involves data analysis of customer buying history, product grouping as well as products that are likely to be purchased. In this case the technique used by Haircare is based on market based analysis.
Answer:
$66,800
Explanation:
The computation of the amount of production cost assigned to product A but before that first we have to calculate the overhead rate which is shown below:
Overhead rate = Overhead Cost ÷ Total Labor Cost
= $60,000 ÷ ($30,000 + $16,000)
= $1.30
Now
Overhead Cost assigned to product A is
= $1.30 × $16,000
= $20,800
So, the Production costs assigned to product A is
= Direct Materials cost + Direct Labor cost + Overhead Cost
= $30,000 + $16,000 + $20,800
= $66,800
Answer:
Explanation:
The journal entries are shown below:
1. Bonds payable A/c Dr $1,900,000 (1,900 × $1,000)
To Discount on bonds payable $37,000
To Common stock $1,140,000 ($10 × 60 shares × 1,900)
To Additional paid-in capital in excess of par $723,000
(Being the conversion of bonds is recorded and the remaining balance is credited to the Additional paid-in capital in excess of par)
Answer:
The missing information in the question is;
The variable manufacturing cost per unit is $22 (including direct material,labor and variable overheads)
Explanation:
Incremental sales 2,100*25 $52,500
Variable manufacturing cost 2100*22 ($46,200)
Stamping Machine for this order ($4,000)
Incremental income from accepting the order $2,300
Answer:
premises
Explanation:
The grocery store incurs premises liability for his injuries. This form of liability is a legal concept that has to do with personal injuries that have been caused by some form of unsafe or defective conditions on someone's property, usually due to negligence. This is exactly what happened in this scenario since it was negligent of the store to not have cleaned up the mess made by the broken eggs which ultimately caused Johnny to fall.
