Answer Explanation:
For the manufacturing overhead occurs during the manufacturing process but unlike wages, the actual values are unknow thus, we cannot anticipate in a guarantee amount. Hence, the cost accounting works as follows:
It will stablish a predetermined overhead rate which will be charged against WIP based on another factor which can be measure (like working hours, machine hours, among others)
Then, during the period as the actual cost occurs they will be charged into manufacturing overhead account.
At the end of the period, we will be able to determinate the actual cost and adjust COGS, WIP and FINISHED GOOD if needed to represent the actual cost of the inventory produced.
Answer:
78%
Explanation:
Able has an awareness level of 78%.
Next year, it will lose a third of its awareness level.
78% * 1/3 = 26%
78% - 26% = 52%
So the base awareness level of able for next year will be 52%, however, even if the company reduced the promotion budget, it still has 1 million dollars to invest, and the question is telling us that 1 million in promotion investment results in a 26% increase in awareness, therefore
52% + 26% = 78%
Thus, after investing the 1 million dollars, Able's awareness level next year will be the same as the current year: 78%
Answer:
$3,716,050
Explanation:
FV = PV × (1 + i)∧n
Present Value (PV) 3250000
Interest Rate (i) 0.015
Number of years (n) 9
(1 + 0.015) ∧ 9
3,250,000 x 1.1434
=$3,716,050
Answer:
500 runs
Explanation:
In this question, we are asked to calculate the optimal number of production runs the company should make each year.
Please check attachment for complete solution and step by step explanation
