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vladimir2022 [97]
3 years ago
13

Herb Company manufactured more product than it was able to sell during the current year. If the salaries of the sales staff of H

erb Company are improperly recorded as a product cost, what will be the likely effect on net income of the period in which the error occurs?
Business
1 answer:
beks73 [17]3 years ago
5 0

Answer: the net income Wii b grossly overstated

Explanation:

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Dave Ramsey's investing principles.
emmasim [6.3K]

Answer:

Here is Dave's investing philosophy: Get out of debt and save up a fully funded emergency fund. Invest 15% of your income in tax-favored retirement accounts. Invest in good growth stock mutual funds

4 0
3 years ago
Activity-Based Costing Southeastern Paper Company manufactures three products (computer paper, newsprint, and specialty paper) i
Lubov Fominskaja [6]

Answer:

Total Activity Cost = $238,750

Activity Cost per unit = $477.50/unit

Explanation:

Activity Rate for each Activity of Company Southeastern Papers:

Production = $220,000 / 1,100 mh = $200/mh

Setup = $117,000 / 260 setups = $450/setup

Moving = $21,000 / 600 moves = $35/move

Shipping = $105,000 / 1,000 customer orders = $105/customer order

Product Engineering = $102,000 / 170 test runs = $600/test run

Computer Paper Total Activity Cost and Activity Per Unit Cost:

Production = 400 mh x $200 per mh = $80,000

Setup = 80 setups x $450 per setup = $36,000

Moving = 230 moves x $35 per move = $8,050

Shipping = 310 customer order x $105 per customer order = $32,550

Product Engineering = 50 test run x $600 per test run = $30,000

Total Activity Cost = $80,000 + $36,000 + $8,050 + $32,550 + $30,000 = $186,600

Activity Cost Per Unit = $186,600 / 1,000 units = $186.60/unit

Newsprint Total Activity Cost and Activity Per Unit Cost:

Production = 500 mh x $200 per mh = $100,000

Setup = 30 setups x $450 per setup = $13,500

Moving = 70 moves x $35 per move = $2,450

Shipping = 140 customer order x $105 per customer order = $15,225

Product Engineering = 15 test run x $600 per test run = $9,000

Total Activity Cost = $100,000 + $13,500 + $2,450 + $15,225 + $9,000 = $140,175

Activity Cost Per Unit = $140,175 / 1,250 units = $112.14/unit

Specialty Paper Total Activity Cost and Activity Per Unit Cost:

Production = 200 mh x $200 per mh = $40,000

Setup = 150 setups x $450 per setup = $67,500

Moving = 300 moves x $35 per move = $10,500

Shipping = 550 customer order x $105 per customer order = $57,750

Product Engineering = 105 test run x $600 per test run = $63,000

Total Activity Cost = $40,000 + $67,500 + $10,500 + $57,750 + $63,000 = $238,750

Activity Cost Per Unit = $238,750 / 500 units = $477.50/unit

5 0
3 years ago
A firm that decides to expand internationally based on the availability of government subsidies in the host country is pursuing
Aleksandr-060686 [28]

Some policies favor businesses, A firm that decides to expand internationally based on the availability of government subsidies in the host country is pursuing a competitive advantage.

<h3>What is competitive advantage?</h3>

Competitive advantage is factors that allow a company or industry to produce goods and services better, expand or produce more cheaply than its rivals.

A nation's competitiveness in business depends on the capacity of the industry to innovate and upgrade.

Therefore, a firm that decides to expand internationally based on the availability of government subsidies in the host country is pursuing competitive advantage.

Learn more on competitive advantage here,

brainly.com/question/26514848

8 0
3 years ago
Martin owns his own motorcycle and ATV store. He notices that many of his customers talk about golf while in his store. He quick
Mekhanik [1.2K]

Answer:

The correct answer is have the ability to quickly adapt to change.

Explanation:

The scientific literature on organizational management shows how the complexity in which business is developed today forces organizations to deal with a hyper-competitive environment in which changes occur at a speed not previously known. In this context, the interest in the dynamics that organizations develop in order to adapt in this changing environment has gained extraordinary interest in recent decades. Thus, the pace with which organizations manage to adapt to changes, supported by their processes and their human capital, is revealed as essential for their survival and success.

From the point of view of organizational behavior, we would define the ability to adapt as the ability of organizations to change themselves in order to cope with the non-predicted changes that occur in their context of action. That is to say, to adapt is to vary the way in which the organization behaves to deal with those changes that were not precisely foreseen when the organization was designed.

4 0
3 years ago
In reviewing the Indian software industry and the diamond of national advantage, which of the following is a relatively weak set
Dima020 [189]

U.S. demand conditions.

Answer: Option B.

<u>Explanation:</u>

Since the question is about the domestic demand and the demand of the citizens who are living in the country, the demand of the people who are living in the United States of America should not affect the domestic demand of Indian citizens.

The demand of every good and service is affected by some factors which increase or decrease the demand of these goods and the services. But the demand of the international consumers or customers will not affect the demand of the national goods and services.

3 0
3 years ago
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