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3 years ago

15

Kellogg's sells many different breakfast cereals, including Corn Flakes, Rice Krispies, Frosted Flakes, Raisin Bran, and Special

K. This is an example of the breadth of the Kellogg's product mix._____________.

1 answer:

11Alexandr11 [23.1K]3 years ago

6 0

Answer:

The answer is false

Explanation:

Breadth, refers to the number of product lines offered by a firm

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The auto repair shop of Quality Motor Company uses standards to control the labor time and labor cost in the shop. The standard

almond37 [142]

Answer:

a. 150 hours

b. 24.2 hours

Explanation:

Given

Motor tune-up

Standard Hours 2.5

Standard Rate $25.00

Standard Cost $62.50

Labor rate variance $ 150 F

Labor spending variance $ 200 U

Tuneups = 50

a.

Efficiency Variance = Labor Rate Variance + Labor Spending Variance

Efficiency Variance = 150 + 200 = 350

Total Standard Rate = Standard Rate * Actual Hours

Total Standard Rate = 25 * AH

Total Standard Hours = Standard Hours * Turn ups

Total Standard Hours = 2.5 * 50= 150

Efficiency Variance = Standard Rate (Actual Hours - Total Standard Hours)

350 = 25 (AH - 150)

14 = AH - 150

AH = 150 + 14

AH = 164 hours

b.

Rate Variance = AH (Actual Rate - Standard Rate)

Where AH = 164

Actual Rate = ?

Standard Rate = 25

Rate Variance = -150 ---- Given

So

-150 = 164(AR -25)

-150/164 = AR - 25

AR = 25 - 150/164

AR = 3950/164

AR = 24.08537 ---

AR = 24.1 --- Approximated

5 0

3 years ago

Gene is a resident of Texas and has never been to Virginia. Helen wants to sue Gene in a Virginia state court regarding a breach

nata0808 [166]

The options are:

The Virginia police arrest Gene in Texas and take him to Virginia.

HThe Virginia police arrest Gene in Texas and take him to Virginia.

Helen could disguise her voice and phone Gene, telling him he has won $10,000 and must pick up the money in Richmond, Virginia, then have him served in Richmond.

Helen could have Gene served with a summons while he is driving through Tennessee.

Helen can have Gene served with a summons in Texas and he must appear in Virginia court.

Helen could disguise her voice and phone Gene, telling him he has won $10,000 and must pick up the money in Richmond, Virginia, then have him served in Richmond.

Helen could have Gene served with a summons while he is driving through Tennessee.

Helen can have Gene served with a summons in Texas and he must appear in Virginia court.

Answer:

Helen could disguise her voice and phone Gene, telling him he has won $10,000 and must pick up the money in Richmond, Virginia, then have him served in Richmond.

Explanation:

Since Gene is suing Gene in a Virginia State court, Gene must be served in Virginia where the court has jurisdiction. If the case was on Federal Court he could have been served in any state.

Helen has to convince Gene to come to Virginia. She can do this by calling him and saying he has won some money in Richmond, Virginia. When he is in Virginia he can now be served.

6 0

3 years ago

Using the data set below, what would be the forecast for period 5 using the exponential smoothing method? Assume the forecast fo

elena55 [62]

Answer:

The answer is C: 14300

Note: The actual answer is 14296, <em>and </em>the closest to that was option C.

Explanation:

Formula to calculate forecast using Exponential smoothing:

$F_{t} = F_{t-1} + \alpha ( A_{t-1} - F_{t-1} )$

Where,

$F_{t}$ = New Forecast
$F_{t-1}$ = Previous period's forecast.
$\alpha$ = Smoothing Constant
$A_{t-1}$ = Previous period's Actual Demand.

Calculating the forecast for period 5:

Data:

$F_{5} = ?$
$F_{t-1} = 14000$
$\alpha = 0.4$
$A_{t-1} = 14750$

Putting <em>values in the formula:</em>

$F_{5} =$ $14000 + 0.4(14750-14000)$

$F_{5} = 14000 + 0.4 (740)$

$F_{5} = 14000 + 296$

$F_{5} = 14296$

4 0

3 years ago

Frank age 63 is single and provided all of the support for his daughter Anna age 24 and her son Marvin age 6. Neither Anna nor M

allsm [11]

Frank cannot claim Anna or Marvin as a dependent.

Explanation:

Because Frank gives Anna and Marvin every support, support tests are straightforward.

Anna earns revenue in excess of $4200 and can not therefore be requested as dependent. In fact, Marvin does not stay with Frank and can not therefore be stated as dependent.

The income tax credit, EITC or EIC is a bonus to low- and moderate-income employers. To apply, you must fulfill certain criteria and file a tax report, even if you are not obliged to pay a bill. The level of tax you pay is lowered by the EITC and a refund is probable.

3 0

3 years ago

The June 30, 2021, year-end trial balance for Askew company contained the following information: Account Debit Credit Inventory,

34kurt

Answer:

$252,000

Explanation:

Calculation for the cost of goods sold for the Askew Company for the year ending June 30, 2021.

First step is to calculate the Net Purchase

Purchases 259,000

Less Purchase discounts (7,900)

Less Purchase returns (11,900)

Add Freight-in 20,800

Net purchase 260,000

Now let calculate the cost of goods sold

Inventory, 7/1/2020 33,900

Add 260,000

Less inventory balance ($41,900)

Cost of goods sold $252,000

Therefore the cost of goods sold for the Askew Company for the year ending June 30, 2021 will be $252,000

5 0

3 years ago