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dybincka [34]
3 years ago
8

At the beginning of a year, a company predicts total direct materials costs of $1,020,000 and total overhead costs of $1,220,000

. If the company uses direct materials costs as its activity base to apply overhead, what is the predetermined overhead rate it should use during the year
Business
1 answer:
Dima020 [189]3 years ago
5 0

Answer:

Predetermined manufacturing overhead rate= $1.961 per direct material dollar

Explanation:

Giving the following information:

At the beginning of a year, a company predicts total direct materials costs of $1,020,000 and total overhead costs of $1,220,000.

To calculate the predetermined manufacturing overhead rate we need to use the following formula:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 1,220,000/1,020,000

Predetermined manufacturing overhead rate= $1.961 per direct material dollar

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I have a one page report on a trianing plan describing the topics you would include in a customer focused listening workshop. I
bearhunter [10]

Answer:

Topic: Customer focused Listening Workshop

Explanation:

Begin with the introduction of who is a customer and the definition of terms or words like listening and focused.

Thereafter, highlight the various types or categories of customers and their various behaviors. Back it up with possible images or signs that represents their various behavioural pattern

Then proceed to explain the ways to listen to them and get them in order to get them to purchase or secure their loyalty to your product and services.

Also explain how glistening to a customer could have its pros and cons in terms of been positive and negative to your product and services.

Coin out a question such as 'How would you manage a customer with temperament, such that you must get him to patronize your product or services using the listening approach?'

Do a small group session to discuss the above question for about five minutes and make them to report back to the general house.

Take some moment to do a final summary, conclusion and recommendations before closing the workshop.

8 0
3 years ago
Nendry is the owner of a firm that produces sports drinks. Since there are a number of firms in the industry competing on cost,
fredd [130]

Answer:

D. focus on adding unique features to her product that customers will value.

Explanation:

Differentiation strategy is the strategy that aims to distinguish a product or service, from other similar products, offered by the competitors in the market. It focuses on the development of a product or service, that is unique for the customers, in terms of product design, features, brand image, quality, or customer service.  

The focus of competition in a differentiation strategy tends to be on unique product features, service, and new product launches, or on marketing and promotion rather than price. A differentiator would focus research and development on product features or packaging in order to add uniqueness.

Hence, Nendry should focus on adding unique features to her product that customers will value.

6 0
3 years ago
The Making Ethical Decisions box "Good Finance or Bad Medicine" has an important message for managers who make financial decisio
Nataly [62]

Answer:

A. Managers must balance good economic decisions with socially forward thinking.

Explanation:

Good Finance or bad medicine refers that if you are aware of finance or you have studied the finance subject so you are capable of making the financial decisions which give you the better return at less risk in near future and if you are not aware of finance than it would lead to the worst situation

Therefore the first option depicts the given message i.e making a better balance in the economic decisions with the help of forward-thinking i.e. to be social

8 0
3 years ago
Treasury stock that had been purchased for $4,566 last month was reissued this month for $5,184. What would the journal entry to
miss Akunina [59]

Answer:

The answer can include both C and D. Description below.

Explanation:

We make the following records.

The treasury stock was reissued at a premium of 5184 - 4556 = $628

Since treasury stock is  credit account by nature we debit  to reduce it by the Amount of $4,566

$628 is to be credited to the paid in capital as this is premium received in excess of par value of the stock. Since there is no mention of premium or paid in capital account we may credit the Excess of Par/Common.

Hope that helps.

7 0
3 years ago
Mary Andrews, Inc. had the following transactions:
katrin [286]

Answer:

$522,000

Explanation:

Given;

Cash proceeds on sale of land = $430,000

Cash proceeds on sale of equipment = $140,000

Purchase of treasury stock with cash = $53,000

Purchase of equipment with cash = $48,000

Issuance of common stock for cash = $70,000

To find the net cash provided by investing, the investing activities in the information given are; Cash proceeds on sale of land, Cash proceeds on sale of equipment, and Purchase of equipment with cash.

Purchase of treasury stock with cash and Issuance of common stock for cash are financing activities.

Net cash provided by investing activities =  $430,000 + $140,000 -  $48,000

= $522,000

The correct answer is $522,000 which is not a part of the options given.

3 0
3 years ago
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