Answer:
$1,070
Explanation:
Calculation to determine the amount of applied overhead is:
Using this formula
Applied overhead = Total cost of WIP - Direct materials - Direct labor
Let plug in the formula
Applied overhead= $3,550 - $1,610 - $870
Applied overhead=$1,070
Therefore the amount of applied overhead is:$1,070
Answer:
B)tie-in sales.
Explanation:
Theses are the options for the question;
A. misrepresentation.
B. tie-in sales.
C. reciprocity.
D. price discrimination.
E. kickbacks
From the question, we are informed about a statement ""I'll let you sell the Harley-Davidson designer clothes only if you'll also sell a new line of clothes designed by Paula Abdul, too."
This statement made by a salesperson to a specialty retailer is potentially an example of tie- sales and may be in violation of the Clayton Act prohibition if the action substantially lessens competition.
It should be noted that tie - in sales in finance means that when a cusumer buys a goods he/she must buy the other product, it simply means the products are tied, and this is opposite of Clayton Act which was set up to bring end to transactions that can lead to monopolies.
Answer:
What is the initial cost of the project?
the initial cost or initial outlay = $100
how much value is created?
the NPV of the project = -$100 + $50/1.1 + $50/1.1² + $50/1.1³ = $24.34
the NPV basically gives us how much value or wealth is created by the project
and what would you be willing to sell the project for?
selling price = $124.34 (= initial outlay + NPV)
Answer:
relational switching cost
Explanation:
Switching costs are those related to expenses that a customer assumes when switching from a product or service provider, are expenses related to effort, money, time among others.
Costs are often low in a fragmented market and low and high in a consolidated market with few substitute products.
There are three types of switching costs:
- procedure,
- financial,
- relational.
Relational switching cost is one that is not quantifiable, but concerns consumer resistance and discomfort in adapting to change from a new supplier.
Answer:
True
Explanation:
<em>Absorption costing is a method of costing where production units and inventories are value at the full cost per unit. Here, fixed overheads are charged to all units produced using an overhead absorption rat</em>
<em>Under the traditional absorption costing system, overhead is assigned to units produced using different bases ranging from labour hours, machine hours, e.t.c</em>
Overhead absorption rate = Estimated overhead/Estimated Activity level
Answer : True
