Answer and Explanation:
1. The computation of the predetermined overhead rate is shown below:
= Overhead applied ÷ direct material cost
= $846,000 ÷ $1,800,000
= 47%
2. The direct labor and overhead cost assigned to the job is shown below:
Total cost $89,000
Less: direct material cost $32,000
Less: overhead cost $15,040 ($32,000 × 0.47)
Direct labor cost $41,960
The appropriate response is a pull promotional strategy. A pull promotional strategy propels clients to effectively search out a particular item and it best for new items or for the situation when a maker has a solid and unmistakable brand.
It is FALSE that the elements on the left side of the marketing strategy planning process model (Context, Customers, Company, and Competitors) are what marketing managers can control.
<h3>What is the marketing strategy planning process model?</h3>
The marketing strategy planning process model shows the systematic approach that marketing managers can employ to achieve marketing goals.
The steps in the model help marketing managers to study the situation, set objectives, formulate strategies, develop action programs, implement and control marketing efforts, and carry out reviews and evaluations.
Thus, it is FALSE that the elements on the left side of the marketing strategy planning process model (Context, Customers, Company, and Competitors) are what marketing managers can control.
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Answer:
The correct answer is letter "C": moral hazard.
Explanation:
In the principal-agent problem, Moral Hazard represents actions taken by employees of an organization for their benefits instead of the company's. The term extends to many other fields such as financing with similar connotations. Moral hazard, in general, is described as the risk one party takes knowing that another party will have to suffer the consequences.
A product whose EOQ is 40 units experiences an increase in the annual holding cost from $10 per unit to $90 per unit. The revised EOQ is nine times as large.
The Economic Order Quantity (EOQ) is the ideal order quantity that a business should purchase to minimize inventory costs such as inventory holding costs, out-of-stock costs, and order costs.
Economic Order Quantity (also known as Economic Purchase Quantity) is the order quantity that minimizes the total storage and ordering costs in inventory management. One of the oldest classic production planning models. Wikipedia
Economic Order Quantity or EOQ, also known as "Optimal Lot Size", is designed to help businesses determine the optimal order quantity to minimize logistics costs, storage space, shortages, and excess inventory costs calculated. The formula is: EOQ = [2(setup cost)(demand rate)] / square root of holding cost.
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