The answer is market share. Entering foreign markets will
require a certain company or firm to attain their market share because compared
to local markets, foreign markets are different and requires strategies and
planning—in which, they should do what it takes to attain their market share
that is a portion of their market controlled by them.
Answer:
1. $176,000
2. $192,500
Explanation:
1. Cost of direct materials used = $ 43,000 + $ 188,000 - $ 43,000 = $ 188,000 - $ 12,000 = $176,000
2. Cost of direct labor used = $ 250,000 - $57,500 = $192,500
Answer:
The net working capital is -$4600.
Explanation:
Use the below formula to calculate net working capital:
Net working capital = Total current assets – Total current liability
Total current liability = $6100
Total current asset = increase in inventory –decrease in account reciveable
Total current asset = $2800 – 1300
= $1500
Now, Net working capital = Total current assets – Total current liability
Net working capital = $1500 – $6100
= - $4600
Thus, net working capital is -$4600.
Answer:
(B) $8,000 (0.80 per pound shipped).
Step-by-step explanation:
In ABC system, the shipping cost to be assigned can be calculated by using the shipping cost per pound. Shipping cost per pound will be an appropriate cost driver for the shipping activity. The revenue generated by customer is irrelevant for computation of total cost.
Shipping cost = Shipping cost per pound × quantity ordered by customers.
Therefore,
Shipping cost = (Total shipping cost ÷ total quantity shipped) × Quantity ordered by customer.
Therefore,
Shipping cost = 1,200,000 ÷1,500,000 × 10,000
Shipping cost = 0.8 × 10,000
Shipping cost = $8000
