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2 years ago

The American chocolate wafer and cream cookie most of us know (and love?) is made by Nabisco and sold under the name

Business

1 answer:

KIM [24]2 years ago

6 0

Answer:

Leaf Brands is free to use the Hydrox name.

Explanation:

Trademark law protects the trademark that is registered and in use. However, it is not enough to use the trademark, it must be renewed every 10 years if it is in use. Whereas the trademark law allows the trademark to last in perpetuity, unlike copyrights and patents, Kellogg can only enjoy the protection of its trademark if it is renewed every 10 years as long as it continues to be in use.

By practice and in utterance, Kellogg had abandoned its Hydrox trademark. As such Leaf Brands is free to take it up and re-register and use it.

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During its first and second years of operations, Rogers Company, a corporation using a periodic inventory system, made undiscove

elena-s [515]

Answer:

Net Income understated by $20,000

Explanation:

In the first year, closing inventory was overstated by $80,000. The implications of the above would be,

Net Income for the first year would be overstated by $80,000

In the Second year,

Opening Stock would be overstated by $80,000

Due to this, cost of production stands overstated by $80,000.

Now, given in the question that closing stock for second year is overstated by $60,000 i.e profits are overstated by $60,000.

This means, the net effect on profits would be, $80,000 less $60,000 i.e $20,000 understated profits for the second year.

4 0

3 years ago

On August 31, 2018, the general ledger of The Dean Acting Academy shows a balance for cash of $7,904. Cash receipts yet to be de

12345 [234]

Answer:

Não Sei muito Bem mas sei que ganho muito dinheiro com meu site: https://fazerdinheiroonline.net.br/ganhar-dinheiro-na-internet/

Explanation:

Aprenda Como ganhar Dinheiro na Internet aqui mesmo

8 0

2 years ago

When manufacturing overhead costs are assigned to production in a process cost system, it means that

Colt1911 [192]

Answer:

<em>When manufacturing overhead costs are assigned to production in a process cost system, it means that the business uses absorption costing system.</em>

Explanation:

When manufacturing overhead costs are assigned to production in a process cost system, it means that the business uses absorption costing system.

Absorption costing system is that where units of products and inventories are valued using full cost. Full cost implies that each product would be charged for an amount of the<em> fixed production overhead </em>in addition to the variable cost.

The fixed overhead is charged using a predetermined overhead absorption rate.

8 0

3 years ago

Wind Productions uses flexible budgets. Items from the budget for March in which 3,000 units were produced and sold appear below

ladessa [460]

Answer:

$40,000

Explanation:

For computing the total variable cost, first we have to determine the variable cost per unit which is shown below:

= (Direct materials cost + Indirect materials - variable + Direct labor cost) ÷ (number of units produced and sold)

= ($18,000 + $2,000 + $10,000) ÷ (3,000 units)

= ($30,000) ÷ (3,000 units)

= $10 per unit

Now the total variable cost would be

= $4,000 units × $10 per unit

= $40,000

5 0

3 years ago

Today, a firm has a stock price of $14.26 and an EPS of $1.15. Its close competitor has an EPS of $0.48. What would be the expec

serg [7]

Answer:

$5.952

Explanation:

For the computation of expected price of the competitor's stock first we need to find out the P/E ratio of a firm which is shown below:-

P/E ratio of a firm = Stock price ÷ Earning per share

= $14.26 ÷ $1.15

= $12.4

Price of competitor's stock = P/E ratio of a firm × Earning per share

= $12.4 × $0.48

= $5.952

Therefore for computing the expected price of the competitor's stock we simply applied the above formula.

7 0

3 years ago