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kozerog [31]
3 years ago
6

LO 4.1Which of the following is a conversion cost?

Business
1 answer:
sveta [45]3 years ago
5 0

Answer:  

OPTION b      

Explanation:

Conversion costs refer to the concept used during cost accounting which is a mixture of labor costs including overhead expenses in processing. In certain words, the cost of processing is the commodity or manufacturing costs of a supplier apart from the expense of the raw resources of an item.

In other words, processing costs are the manufacturing or engineering costs required to transform raw resources in to goods. The phrase conversion costs also occur in a method costing method when calculating the cost for an identical product.

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Sandra has a product idea. She has researched about all the competing products and the companies that produce them. The research
Fittoniya [83]

Answer:

<em>Adaptation</em>

Explanation:

A new product or an old product entering a new market normally adapts to compete with a similar product in the market. The owner or the manufacture of such product often go for a market survey to determine the size and target market of such product. The market survey helps them to make changes such as price reduction, logo change or change in packaging, to beat competing products.

<em>Sandra researched all similar products that can compete with her idea, this will help her idea to adapt when it finally enters the market as a product. </em><em>This illustration is a case of market adaptation.</em>

7 0
3 years ago
Because sales of Prince Sports in tennis-related products depends heavily on growth of the tennis industry, what marketing activ
never [62]

Answer:

They could hold local tournaments, and also sponsor a tennis team or donate tennis rackets to a school to promote playing of tennis.

Explanation:

Prince sports sales will increase when there is a growth in the tennis industry, and to help grow the industry there needs to be a marketing activity that will encourage tennis right from schools.

The young generation will eventually influence tennis in the future. So marketing activities should btarget them by holding local tournaments, and also sponsor a tennis team or donate tennis rackets to a school to promote playing of tennis.

8 0
3 years ago
Project manager Claire and her team need to minimize project risks. Help them match the step to minimize risk to what each step
Neko [114]

Answer:

Determine which risks goes with prioritizing

Take into consideration goes with identifying

Relate to contingency goes with mitigating

and

Determine the likelihood goes with evaluating

Explanation:

I did the test and got it correct! Hope this helps :) For Edmentum/Plato

3 0
3 years ago
Read 2 more answers
Determine the amount to be added to Allowance for Doubtful Accounts in each of the following cases:
GuDViN [60]

Answer: a. $22,000

b. $16,000

Explanation:

The amount to be added to Allowance for Doubtful Accounts in each of the following cases are:

a. Balance of $3,000 in the allowance account just prior to adjustment. Analysis of accounts receivable indicates doubtful accounts of $25,000.

The amount to be added to the allowance for doubtful accounts will be doubtful accounts of $25,000 minus the balance of $3,000 in the allowance account just prior to adjustment. This will be:

= $25,000 - $3000

= $22000

b. Balance of $500 in the allowance account just prior to adjustment. Uncollectibles are estimated at 2% of sales, which totaled $800,000 for the year.

The amount to be added to the allowance for doubtful accounts will be:

= 2% of $800,000

= 2/100 × $800,000

= 0.02 × $800,000

= $16,000

8 0
3 years ago
Becky's department has seen a number of layoffs in the last two months, and employee morale is very low. This is affecting the w
vovikov84 [41]

Answer:

I believe the answer is Influence.

Explanation:

7 0
4 years ago
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