Answer:
The overhead applied and the under- or over application of overhead for the period is $2,375,000 and $95,000 respectively
Explanation:
The computation of the overhead applied and the under- or over application of overhead for the period is shown below:
Overhead applied = (Estimated annual overhead cost ÷ Estimated machine hours) × Actual machine hours
= ($2,500,000 ÷ 100,000 machine hours) × 95,000 machine hours
= $2,375,000
So, the over applied overhead = Actual annual overhead cost - Overhead applied
= $2,470,000 - $2,375,000
= $95,000
Explanation:
The categorization are as follows
A. Issued bonds for $150,000 cash. = Cash flow from investing activities. It represents an inflow of cash
B. Purchased equipment for $200,000 cash. = Cash flow from investing activities. It represents an outflow of cash
C. Sold land costing $50,000 for $50,000 cash = Cash flow from investing activities. It represents an inflow of cash
D. Declared and paid a $20,000 cash dividend = Cash flow from investing activities. It represents an outflow of cash
Answer: allows a firm to reap the competitive advantage benefits of skills transfer, lower costs (due to economies of scope), cross-business use of a powerful brand name, and/or cross-business collaboration in creating stronger competitive capabilities.
Explanation:
Related diversification is when an organization expands its business by producing products which are similar to what it currently produces. In related diversification, there's identical product lines. An example is a computer manufacturer producing calculators.
Organizations that go into related diversification enjoys lower costs and competitive advantage over their counterparts.
Answer:
System of defined steps and tasks such as strategy, organization, concept generation, marketing plan creation, evaluation, and commercialization of a new product. It is a cycle by means of which an innovative firm routinely converts ideas into commercially viable goods or services
Answer:
It is referred to as product differentiation.
Explanation:
Product differentiation is a strategic type of marketing in which a firm uses campaigns and promotions to highlight features that make its product unique as well as the benefits of using the product or service.
This kind of marketing differentiate the firm's product or services from those of competitors and makes consumer perceive such differentiated product or service as better than other similar competing products.