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stich3 [128]
2 years ago
10

Janitor supply produces an industrial cleaning powder that requires 40 grams of material at $0.10 per gram and .25 direct labor

hours at $12.00 per hour. overhead is assigned at the rate of $18 per direct labor hour. what is the total standard cost for one unit of product that would appear on a standard cost card? $7.00. $8.50. $11.50. $7.50. $25.00.
Business
1 answer:
Mice21 [21]2 years ago
6 0
Direct material
0.1×40
=4
Direct labor
12×0.25
=3
Manufacturing overhead
18×0.25
=4.5

the total standard cost for one unit of product is
4+3+4.5=11.5....answer
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Gavina places products in several of the marketing channel categories. two examples of this are placement in​ mcdonald's in​ a(n
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McDonald's in a <u>form utility </u>category and Costco in the <u>place utility </u>category.

Form utility refers the the increased utility of the product or service itself (fast convenient burgers and fries at McDonald's)

Place utility is making products and services available in a convenient place (you can buy food, tires, a TV, your medicine, and a couch all at Costco).

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2 years ago
The PCAOB
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Answer: B)May seek removal of a person from a registered firm.

Explanation: PCAOB( Protecting Investors through Audit Oversight ) is the person assigned with the duty of the inspection of the audit reports, interest of investors, public organization's auditors etc.

They do their job/duty by the help of the components such as enforcement, setting of the specific standards,overseeing etc. They also get have the authority of removing of any person from organization on the basis of their duty. Thus the correct option is option (B)

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2 years ago
Presented below is selected information for three regional divisions of Medina Company. Divisions North West South Contribution
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Answer:

                                                     North     West           South

Contribution margin           $300,300 $499,000 $399,200

Controllable margin            $139,700 $360,600 $209,900

Average operating assets    $997,857 $1,567,826 $1,499,286

Minimum rate of return             13%            14%           9%

return on investment (ROI) = controllable margin / average operating assets

North's ROI = $139,700 / $997,857 = 14%

West's ROI = $360,600 / $1,567,826 = 23%

South's ROI = $209,900 / $1,499,286  = 14%

residual income = controllable margin - (average operating assets x minimum rate of return)

North's RI = $139,700 - ($997,857 x 13%) = $9,978.59

West's RI = $360,600 - ($1,567,826 x 14%) = $141,104.36

South's RI = $209,900 - ($1,499,286  x 9%) = $74,964.26

(1) If ROI is used to measure performance, which division or divisions will probably make the additional investment?

North and South divisions should probably make the additional investments since their current ROI is less than 16%

(2) If residual income is used to measure performance, which division or divisions will probably make the additional investment?

All the divisions since their minimum required rate of return is less than 16%.

6 0
3 years ago
Suppose the supply function for avocados is Q = 58 + 15p - 20p_f. where P_f is the price of fertilizer. If the price of fertiliz
Veseljchak [2.6K]

Answer:

-22.

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Explanation:

So, it is given from the question above that the supply function for avocados is Q = 58 + 15p - 20p_f.

The p_f given in the question = $1.10 which is the price given for the fertilizer as it rises that is to say it rises at that amount.

If the price increases by $1.10, then we have a reduction of -( 20 × 1.10) = -22.

Kindly note that the negative sign denotes the reduction in supply. This reduction causes the supply curve to shift to the left.

The diagram for the supply curve Is given in the attached picture.

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Price skimming is a pricing strategy that a company can use when launching a new product or service.

Electronic products, such as the Apple iPhone, frequently use a price-cutting strategy during the initial launch period. Then, after competitors launch competing products, such as the Samsung Galaxy, the price of the product drops to maintain the product's competitive advantage.

The pricing strategy will be influenced by the stage of the product's life cycle. The process of charging a relatively high price for a product is referred to as price skimming. Skimming is commonly used when a product is new to the market (in its introduction or growth phase) and has few competitors.

To know more about  price skimming follow the link:

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