Answer:
I and II
Explanation:
The key costs assigned to products under an absorption costing system are:
- Direct materials. Those materials that are included in a finished product.
- Direct labor. The factory labor costs required to construct a product.
- Variable manufacturing overhead. The costs to operate a manufacturing facility, which vary with production volume. Examples are supplies and electricity for production equipment.
- Fixed manufacturing overhead. The costs to operate a manufacturing facility, which do not vary with production volume. Examples are rent and insurance.
Answer:
The balance of retained earning is $130,000.
Explanation:
At the year end an adjusted trail balance is prepared, in which all the temporary accounts are closed and their balances are transferred to the permanent accounts. The adjusted trial balance must verify that debit and credit sides total is equal.
All the revenue and Expenses accounts are closed in Income summary account from where the net balance is transferred to the retained earning account.
Ending Balance of retained earning = Opening balance + Revenue - Expenses - Dividend
Ending Balance of retained earning = $80,000 + $125,000 - $60,000 - $15,000
Ending Balance of retained earning = $130,000
Answer:
D. All of these answers are correct
Explanation:
Content marketing is a form of marketing that navigates around creation of and sharing of online materials that's not primarily aimed at promoting a brand, but rather intended to stimulate interests in its product and services.
Online materials may include: videos, social media posts, pictures, blog, vlog etc.
Benefits
Content marketing is very cost effective, hence reaching more buyers at a low cost. It is more cost effective than many other traditional marketing techniques that exist.
Content marketing helps build brand awareness. By posting useful content that engages target buyers or customer, more attention is drawn the the content being marketed. It creates a form of credibility and authority and creates brand preference for your buyers.
Content marketing enables the manager to basically own the attention.
Other benefits includes: creates loyalty, develops lasting relationships, generates traffic and so on.
Answer:
Global Sourcing
Explanation:
Global sourcing is the practice of sourcing from the global market for goods and services across geopolitical boundaries.
Answer:
2.23 is the price earnings ratio.
Explanation:
Firstly we must find the Earnings per share for this problem as it is needed to calculate the price earnings ratio so earnings per share = (Net income)/(Number of shares outstanding).
we are given net income of $401000 then to obtain number of shares outstanding for 2015 are $267000/$10 as we saw the company's common stock account balance all year long was that value of which each share has a par value of $10, then we get outstanding shares which are 26700 now we calculate the earnings per share (EPS) by using the above formula with substituting the above mentioned values :
Earnings Per Share= $401000/26700
= $15.01872659
now we will use the Price Earnings Ratio formula which is
Price Earnings Ratio = (current share price)/(earnings per share )
we have been given a current share price of $33.50 now we will use the earnings per share which was calculated above.
Price Earnings Ratio = $33.50/$15.01872659
= 2.230548628 then we round off the answer to two decimal places
Price Earnings Ratio = 2.23
