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Nata [24]
3 years ago
9

g 7) All of the following are examples of product costs except: A) depreciation on the company's retail outlets. B) salary of th

e plant manager. C) insurance on the factory equipment. D) rental costs of factory equipment.
Business
1 answer:
Lostsunrise [7]3 years ago
8 0

Answer:

A) Depreciation on the company's retail outlets.

Explanation:

A product cost will be generally explained as the spending done or incurred cost in the production a certain good or the delivery of services. This comes with all the things used in i.e in the production and also the man power, power sources and every other thing attributed in this product production.

Also it well known from a financial and economic angle that o an article expense to qualify or be valued as a production cost, it must have to generate revenue for the company.

This is why in the case above, a depreciation on the company's retail outlets is not considered to be a part of the companies product cost.

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Jean and Tom Perritz own and manage Happy Home Helpers, Inc. (HHH), a house-cleaning service. Each cleaning (cleaning one house
aev [14]

Answer:

$532,500

Explanation:

The question is to compute the Statement of Cost of Services Sold for Happy Home Helpers Inc.

To compute this statement, the approach is to sum all direct costs associated with the service provided by the firm.

Particulars                                                     Amount            Amount

Opening Inventory Of Materials                  $4,000

Add: The Purchase of Direct Materials       $<u>25,600</u>

Direct Material available                               $29,600

Subtract: Closing Inventory of materials    <u>   ($2600)</u>

The Direct Material Used for the year                                $27,000

Add:

Direct Labour Cost                                          $472,500

Variable Overhead Cost                                    $15,000

Fixed Overhead cost                                          $18,000

                                                                                               $505,500

The Cost of Services of HHH Inc                                          $532,500

7 0
3 years ago
Please i need an urgent answer what is feeding regime​
Dvinal [7]

Answer: A plan that specifies a diet, amount and schedule of nutritional

6 0
2 years ago
A new manufacturing machine is expected to cost $278,000, have an eight-year life, and a $30,000 salvage value. The machine will
oksano4ka [1.4K]

Answer:

C) 4.2 years

Explanation:

The computation of the payback period is as follows;

As we know that

Payback Period = Initial cost ÷ Annual net cash flow

Here

Initial cost = $278000

Annual net cash flow = Incremental after tax + Depreciation per year

where,  

Depreciation per year = (Original cost - Salvage value) ÷ Estimated Life

= ($278,000 - $30,000) ÷ 8 years

= $31,000

Annual net cash flow is

= $35000 + $31000

= $66000

So,

Payback Period is

= $278000 ÷ $66000

= 4.2 Years

4 0
3 years ago
A consumer products company produces inexpensive goods in underdeveloped markets, then repackages them as cost-effective innovat
Ksenya-84 [330]

Answer:

B) False

Explanation:

Glocalization is a term that combines both globalization and localization. It was first used during the 1980s in Japan to define a way of thinking and developing business strategies: think locally and act globally.

Back in the 1980s Japan's economy was booming, it was the second largest economy in the world and Japanese car manufacturers and technological firms were wiping out the competition. This term refers to the western interpretation of Japanese business strategies of that decade, of selling similar but differentiated products everywhere.

E.g. American car manufacturers used to complain that Japanese consumers wouldn't buy their cars in Japan, but they simply had the steering wheel on the wrong side and Japanese consumers were not willing to even try them for that reason.

Luckily, things have changed and American companies also realized that their reality is not necessarily the reality of the rest of the world, and you must adapt your products to different markets.  

5 0
3 years ago
Danny "Dimes" Donahue is a neighborhood’s 9-year-old entrepreneur. His most recent venture is selling homemade brownies that he
Marina86 [1]

Answer:

A) PED = 1.1

B) demand is elastic

C) Danny's total revenue would decrease

Explanation:

we can calculate the price elasticity of demand using the formula:

PED = % change in quantity demanded / % change in price = [(300 - 250) / 250] / [(2.25 - 2.75) / 2.75] = (50 / 250) / (-0.5 / 2.75) = 0.2 / 0.18 = 1.1

since PED = 1.1, the demand is elastic

if the PED is the same when the price decreases from $2.25 to $1.75, total revenue will    :

when price = $2.25, total revenue = $2.25 x 300 = $675

when price = $1.75, total revenue = $1.75 x 373 = $652.75

*a 22.22% decrease in the price will cause a 24.44% increase (= 22.22% x 1.1) in the quantity demanded = 300 units + (300 x 24.44%) = 373.3 ≈ 373 units

5 0
3 years ago
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