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UNO [17]
3 years ago
10

1. When there is automation, product diversity, and little correlation between overhead cost and direct labor, a plantwide overh

ead rate based on direct labor is the most appropriate. a. True b. False
Business
1 answer:
likoan [24]3 years ago
5 0

Answer:

b. False

Explanation:

  • It will not be advantageous as a more accurate overhead cost and will have a more effective cost allocation. As it will measure a single type of cost and the expense that include the accounting fees and the advertising except for the direct labor and the direct materials.
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A stock index spot price is $1,287. the zero coupon interest rate is 3.8%. what is the potential arbitrage profit if the 6-month
jek_recluse [69]

The potential profit if the future contract on the index for the stock is priced at $1350 will be $39.45.

<h3>What is potential profit?</h3>

The ability or the capacity of an individual or a group to potentially earn higher amount of monies in the future trading transactions during a given financial period, is known as potential profit.

The computation of potential profit will be such that the return at the rate of 3.8% would have a given a maximum return of $48.9 annually($24.45 in 6 months); however, the index after 6 months is priced at $1350.

Potential Profit= 91350-1335+24.450 = $39.45

Hence, the potential profit is as computed above.

Learn more about potential profit here:

brainly.com/question/22714492

#SPJ1

6 0
2 years ago
In 2008, Jiffy Lube began a marketing campaign which encouraged women to focus on their cardiovascular health. Jiffy Lube's "Mai
grandymaker [24]

<u>Answer:</u>Cause marketing

<u>Explanation:</u>

Cause marketing is the strategy where the motive is to increase the profits of the organisation as well as have concern for the society. Jiffy Lube marketing campaign includes a social cause of maintaining the cardiovascular health and also through this campaign they are trying to raise $1 million which is monetary based.

So cause marketing is for both creating awareness about the cause and also to raise funds to support the campaign. The brand's message is also given as well as the profits are also made through this campaign.

8 0
3 years ago
Tune Store reports inventory using the lower of cost and net realizable value (NRV). Information related to its year-end invento
Genrish500 [490]

Answer:

inventory impairment/cost of good sold (p/l)   $500

Explanation:

IAS 2 requires that inventory be initially recognized at cost including cost of purchase and other necessary cost incurred in getting the inventory to the location where it becomes available for sale.

Subsequently, the item of inventory is carried at the lower of cost or net realizable value (NRV).

              Quantity    Unit Cost     Unit NRV      Lower of cost/NRV  Amount

Model A    100               $100              $ 120       $100                       $10,000

Model B      50                $50               $ 40        $40                         $2,000

Model C      20                $200             $210        $200                      $4,000

Adjustment required = 50 ($50 - $40)

=$500

This posted as

Debit inventory impairment/cost of good sold (p/l)   $500

Credit Inventory account                                              $500

5 0
3 years ago
Which difference between your bank statement and your records is most likely to indicate fraud
qaws [65]

Answer:

A PURCHASE YOU DID NOT MAKE

Explanation:

I just took the quiz

5 0
2 years ago
How to convince granter that they should give me a chance?
lisabon 2012 [21]
Try to persuade Chance
5 0
3 years ago
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