Capico will need credit for Research and development as it should research on the new drug and also study about its competitors
Answer: difficulty of accurately assessing the advertising costs necessary to accomplish the goals
Explanation: Objective and Task control method; objective task control method is a system used by companies to allocates certain amount of money to to be used for it's marketing budget based on some objectives, rather than choosing a random amount or deciding it's marketing budget based on sales revenues or projections alone. This means advertising budget is based on set objectives. The challenge faced is their inability to correctly determine the cost necessary to accomplish the set objectives or goals.
Answer:
$1.5 per pound
Explanation:
The computation of the material price variance is shown below:
Material price variance = Actual Quantity × Actual Price - Actual Quantity × Standard Price
$5,000 = 10,000 pounds × $2 - 10,000 pounds × Standard price
$5,000 = $20,000 - 10,000 pounds × Standard price
So, the standard price would be
= $15,000 ÷ 10,000 pounds
= $1.5 per pound
Answer:
Dr cash $120,000
Cr Notes payable $120,000
Dr interest expense $2,400
Dr notes payable $30,000
Cr cash $32,400
Explanation:
The issuance of the notes payable of $120,000 means that White Corporation's cash inflow has increased by $120,000 while its corresponding loan obligation has also gone up by the same amount.
On 31 December 2018,White Corporation would need to repay $30,000 principal plus interest of $2,400 ($120,000*2%).The interest payment is debited to interest expense while $30,000 repayment is debited to notes payable and cash is credited with the total of $32,400
