Answer:
C. 120
Explanation:
The computation is shown below:
(L × K)
<u>Labor L Capital K Quantity of Output Q Total cost TC</u>
1 2 2 $40
2 4 8 $80
(2 × $20 + 4 × $10)
3 6 18 $120
(3 × $20 + 6 × $10)
4 8 32 $160
(4 × $20 + 8 × $10)
As we can see that if we considered 3 units of labor so the total cost is $120
Hence, the correct option is c.
Answer:
$248,600
Explanation:
The computation of amount of manufacturing overhead is shown below:-
Amount of manufacturing overhead would have been applied = Predetermined overhead rate × Actual direct labor-hours
= $22.60 × 11,000
= $248,600
Therefore for computing the amount of manufacturing overhead we simply multiply the Predetermined overhead rate with Actual direct labor-hours
If married and unmarried women respond similarly to a sale on perfume, these hypothetical segments fail the differentiable criterion for useful market segments.
<h3><u>
What are Market Segments?</u></h3>
- People who are gathered together for marketing purposes are referred to as market segments.
- Market segments are subsets of a broader market that frequently group people together based on one or more shared traits.
- Companies and their marketing departments define a target market for their goods and services using a variety of factors.
- Marketing experts use a unique strategy to each market segment after thoroughly understanding the demands, way of life, demography, and personality of the target consumer.
In a market that is otherwise uniform, a market segment is a group of customers with comparable preferences. These clients may consist of people, families, companies, organizations, or a combination of several types.
Therefore, the hypothetical segment in the question fail the differentiable criterion for useful market segments.
Know more about market segments with the help of the given link:
brainly.com/question/27993208
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Answer: A - Emphasizes the external financial statements
Explanation: The characteristic of management accounting information are what makes the accounting information relevant and they include:
1. Verifiability: Management Accounting information must be verifiable that is one must be able to confirm the information on the accounts using other source documents.
2. Objectivity: Management Accounting information must be useful in decision making and planning for the future of an organisation.
3. Relevance: Management Accounting information must be reliable for decision making. The owners and decision makers must be able to rely on the information presented in the management account
4. Understandability: Management Accounting information must be understood by any user of the information presented therein. Information therein must be simple and not complex.
5. Comparability: Management Accounting information must be easy to compare with others in the same industry and also from year to year to enhance a good decision making process.
