Answer:
The cost of goods manufactured during the current year was $98,000
Explanation:
The manufacturing costs incurred during the current year = Direct materials cost + Direct labor cost + Factory overhead = $19,000 + $24,500 + $55,100 = $98,600
The cost of goods manufactured during the current year = Beginning work in process inventory + The manufacturing costs incurred during the current year - Ending work in process inventory = $10,700 + $98,600 - $11,300 = $98,000
Television advertising offers many advantages to national advertisers, but it is a relatively<u> expensive</u> form of advertising.
Advertisement is used by companies to promote their products and make people aware of such products. There are different forms of advertisement such as through television, radio, newspaper, etc.
Television advertising is typically desirable but costly to produce the advertisement. It's desirable but expensive to buy time. Despite its advantages, it's costly.
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Answer:
Explanation:
Human are the source of resistance this include the staff, employees, employers and the team of the organization that is involved.
The resistance often come because of the fear of the outcome of the innovation or change and complacency with the current state.
Ability to Capture the passion needed and leverage on the position surrounding the change can reduces resistance among the people
Ability to get support of management, supervisors to advocate for the change helps reduce resistance.
Also, the reason for the change and its impact should be well communicated among the employees this help reduce resistance.
Answer:
The bond will not be called.
Explanation:
The yield to maturity (YTM of, is the internal rate of return (overall interest rate) earned by an investor who buys the bond today at the market price, assuming that the bond is held until maturity, and that the principal payments are made on schedule, it is equal to the current price of the bond.
YTM equals the expected rate of return under certain assumptions like the bond will not be called.
Answer:
Production budget = 76, 000 units
Explanation:
<em>The sales budget is adjusted for the projected opening and closing inventories unit to arrive at the production budget: </em>
The production budget can be determined using the formula below
Production budget = Sales budget + closing inventory- opening inventory
Production budget = 67,000 + 15,000 - 6,000
= 76000
Production budget = 76, 000 units
