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3 years ago

Benefits of setting objectives for a company

Business

1 answer:

In-s [12.5K]3 years ago

8 0

Answer:

Help them evaluate the business' growth

Explanation:

When they set objectives, they can look at it later on and check if they had reached their goal. So they can see how far they've reached as a business.

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Miller Mining acquired rights to a tract of land with the intent of extracting from the land a valuable mineral. The cost of the

ziro4ka [17]

Answer:

depletion expense recognize over the first year: 400,000 dollars

Explanation:

it cost 2,500,000 the right to extract 10,000 tons

To obtain therate we divide the cost over the expected tons of materials

rate per ton: 2,500,000 / 10,000 = 250 dollars

Now we calculate the depletion based on the amount extracted on the first year:

<em>first year extractions: </em>1,600 tons

depletion expense: 1,600 tons x 250 dollars = <em>400,000</em>

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4 0

3 years ago

Wilson Enterprises applies overhead based on direct labor cost. The company estimates that their overhead for the year will be $

Tcecarenko [31]

Answer:

Applied Overhead is higher than actual overhead. Hence, manufacturing overhead is $ 4,000

Explanation:

Given data:

estimated overhead = $2,40,000

Labor cost =$2,80,000

Direct labor cost = $3,00,000

$Overhead\ rate = \frac{Estimated\ Overhead}{Estimated\ direct\ labor\ cost}$

$= \frac{2,40,000}{3,00,000}$

= $ 0.80 per direct labor cost

$Applied\ Overhead = Actual\ Labor\ cost\times Overhead\ rate$

$= $ 2,80,000\times $ 0.80 Per direct labor cost$

=$ 2,24,000

Actual Overhead cost = $ 2,20,000

Applied Overhead is more than actual overhead. Hence, manufacturing overhead is $ 4,000.

6 0

3 years ago

Um...look what i found

Ksju [112]

NASTY AND ALSO THE GUY THE ANSWERED IS NOW BANNED HAHAHA

8 0

2 years ago

Get-away Inc. is a vacation planning company. It provides various holiday packages, such as camping outdoors, adventure sports,

galben [10]

Get-away represents lifestyle segmentation.

<h3>What is lifestyle segmentation?</h3>

Customer lifestyle segmentation is the technique of breaking each customer's information into small sub-groups.
These sub-groups are created using data from each and every consumer.
These groups are formed in order to make conclusions regarding customer preferences, likes, and dislikes.
One method of market segmentation is lifestyle segmentation.
It is directly related to psychographic segmentation.
The AIO is the most extensively utilized instrument for lifestyle segmentation (Activities, interests, and opinions).
The idea is to target one or more lifestyle categories with your marketing mix.

Therefore, Get-away represents lifestyle segmentation.

Know more about lifestyle segmentation here:

brainly.com/question/13686011

#SPJ4

8 0

2 years ago

Suppose the U.S. yield curve is flat at 4% and the euro yield curve is flat at 3%. The current exchange rate is $1.50 per euro.

lianna [129]

Answer:

$4.24287 million per year

Explanation:

Missing question: The swap will call for the exchange of 1 million euros for a given number of dollars in each year.

For structured three separate forward contracts of the exchange of currencies, the forward price could be found as follows

Forward exchange rate * $1 million error = Dollar to be received

Year 1 = 1.50*(1.04/1.03) * 1 million euros

Year 1 = 1.514563106796117 * 1 million euros

Year 1 = $1.5145 million

Year 2 = 1.50*(1.04/1.03)^2 * 1 million euros

Year 2 = 1.529267602978604 * 1 million euros

Year 2 = $1.5293 million

Year 3 = 1.50*(1.04/1.03)^3 * 1 million euros

Year 3 = $1.5441 million

The number of dollars each year is determined by computing the present value:

= 1.5145 / 1.04 + 1.5293 /(1.04)^2 +1.5441 / (1.04)^3

= 1.45625 + 1.41392 + 1.3727

= $4.24287 million per year

3 0

3 years ago