Determine the reasons why cruise ships have gained popularity in recent years.

The network marketing sales system works by recruiting independent businesspeople who act as distributors.

Blababa [14]

Answer: False

Explanation:

The above statement that network marketing sales system works by recruiting independent businesspeople who act as distributors is wrong.

It is the multilevel marketing sales system works by recruiting independent businesspeople who then act as distributors.

6 0

3 years ago

he following information is available for completed Job No. 402: Direct materials, $170000; direct labor, $230000; manufacturing

sveticcg [70]

Answer:

The correct answer is $112,000

Explanation:

First of all, let us lay out the information given:

Direct materials = $170,000

Direct Labor = $230,000

Manufacturing overhead = $160,000

Cost of production = Direct material + Direct Labor + Manufacturing overhead = 170,000 + 230,000 + 160,000 = $560,000

Number of units produced = 5000 units

Number of units sold = 4000 units

Number of units left on hand = 5000 - 4000 = 1000 units (units produced - units sold)

Next, we will calculate the cost of production of a single unit of finished product as follows:

5000 units = $560,000

∴ 1 unit = 560,000 ÷ 5000 = 112

Finally, since the number of unit on hand is 1,000 units, we will find the cost of unit on hand as follows

1 unit = $112

∴ 1000 unit = 112 × 1000 = $112,000

3 0

3 years ago

What is a vital point for most marketers

IgorLugansk [536]

The demographic segmentation.

5 0

3 years ago

QS 15-4 Raw materials journal entries LO P1 During the current month, a company that uses job order costing purchases $90,000 in

Temka [501]

Answer:

The journal entries are shown below:

Explanation:

The journal entries are as follows

Raw materials inventory $90,000

To Cash $90,000

(Being the raw material is purchase for cash is recorded)

Factory overhead $17,000

Raw materials inventory $17,000

(Being the factory supplies is recorded)

Work in process inventory $66,100

Raw materials inventory $66,100

(Being the work in process is recorded)

Only these three entries are to be recorded)

8 0

3 years ago

On December 31, Sulfur Corporation has the following data available: Net Income $ 140 comma 000 Market price of one share of c

GarryVolchara [31]

Answer:

Earnings per share

= Net income - Preferred dividend

No of common stocks outstanding

= $140,000 - $40,000

300,000 shares

= $0.33 per share

Price-earnings ratio

= Market price per share

Earnings per share

= $6.00

$0.33

= 18

Explanation:

There is need to calculate earnings per share, which is net income minus preferred dividend divided by number of common stocks outstanding at the end of the year. Finally, we will calculate price-earnings ratio, which is the ratio of market price per share to earnings per share.

7 0

3 years ago