It might be product market
Answer:
Predetermined manufacturing overhead rate= $7.19 per direct labor hour
Explanation:
Giving the following information:
Estimated direct labor hours= 210,000
Estimated overhead costs= $1,510,000
<u>To calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 1,510,000 / 210,000
Predetermined manufacturing overhead rate= $7.19 per direct labor hour
D. Liabilities. Hope this helps!
Answer: The journal entry for this returned purchase is as follows;
Dr. Sales Returns and Allowances $500
Dr. Merchandise Inventory $150
Cr. Accounts Receivable $500
Cr. COGS $150
Explanation:
The sales account is the revenue of the good/item purchased. The merchandise inventory is a type of an assets. The journal entry is important to a business so that they can track expenses incurred for the returned item. A new entry will need to be made when a new sale is made.
The consumer decision process denotes the first<span> process used by consumers when they decide what to buy during buying goods or services. It includes several elements: r</span>ecognition, <span>information search, evaluation of alternatives, purchase
and post purchase behavior.
</span>In the consumer decision making process, journey innovation extends customer interactions to new sources of value, such as related products or partnered businesses.It brings <span>new services, for both the customer and the brand.</span>