Firms pursuing a differentiation strategy primarily seek to

jenyasd209 [6]

A surplus is used to describe many excess assets including income, profits, capital and goods. A surplus often occurs in a budget, when expenses are less than the income taken in or in inventory when fewer supplies are used than were retained. Economic surplus is related to supply and demand

6 0

3 years ago

Common stock can have which of the following characteristics? It can be:_____.

REY [17]

Answer:

d. shareholder voting rights

Explanation:

Cumulative is characteristic of preferred stock, in that dividend not paid in a year is carried forward and to be paid in the future.

When the preferred stock is non-cumulative, the dividend not paid in a year is forfeited.

Preferred stock or debenture can be convertible into a known number of common stock in the future.

The characteristic of common stock is that it entitles its holders to vote on certain major decisions.

4 0

3 years ago

A company had an unadjusted Cost of Goods Sold of $1,690,000. The company closes its underapplied or overapplied overhead to Cos

lakkis [162]

Answer:

"$1,673,750" is the appropriate answer.

Explanation:

The given values in the question are:

Applied overhead,

= $666,250

Actual overhead,

= $650,000

Unadjusted cost,

= $1,690,000

Now,

The overapplied overhead will be:

= $Applied \ overhead-Actual \ overhead$

= $666,250-650,000$

= $16,250$ ($)

hence,

The goods sold's adjusted cost will be:

= $Unadjusted \ cost-Overapplied \ overhead$

= $1,690,000-16,250$

= $1,673,750$ ($)

8 0

2 years ago

Currently, a company has units of safety stock for a product located in warehouses. The company is contemplating expanding to wa

xz_007 [3.2K]

Answer:

The full question is "Currently, a company has 59,000 units of safety stock for a product located in 9 warehouses. The company is contemplating expanding to 28 warehouses. The company believes that this increased safety stock inventory investment with the new locations will result in an additional $950,000 in revenue due to improved customer service. Assuming that each unit in safety stock inventory costs $4, is the expansion to 28 warehouses a potentially good idea? The proposed plan Y sense for the company because the change in total profit is $. Enter your response rounded to the nearest dollar and include a minus sign if appropriate.)"

Current Total safety stock = 59,000

No. of warehouses = 9

Safety stock per warehouse = 59,000/9 = $6,555.56

New number of warehouses = 28

Increase in number of warehouses = 28 - 9 = 19

Increase in number of safety stock = 19 * 6,555.56 = 124,555.64

Cost of each unit of safety stock = $4

Cost of increased safety stock = $4 * 124,555.54

Cost of increased safety stock = $498,222.56

Additional revenue = $950,000

Since, additional revenue > additional cost of safety stock, the additional warehouses is a good idea.

Increase in profit = Additional revenue - Increased cost

Increase in profit = $950,000 - $498,222.56

Increase in profit = $451,777.54

Hence, The proposed plan makes sense for the company because the change in total profit is $451,777.54

3 0

3 years ago

On January 1, Year 1, the City Taxi Company purchased a new taxi cab for $36,000. The cab has an expected salvage value of $2,00

Natasha_Volkova [10]

Answer:

C

Explanation:

Activity method based on output = (output produced that year / total output of the machine) x (Cost of asset - Salvage value)

year 2 = (48,000 / 200,000) x (36,000 - 2000) = 8160

book value = cost of asset - accumulated depreciation

accumulated depreciation = year 1 + year 2's depreciation

year 1 = (45,000 / 200,000) x (36,000 - 2000) =

- 200,000 - (7650 + 8160) =

3 0

2 years ago