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3 years ago

Customer loyalty to a business is

2 answers:

4 0

Good for the company cause the more loyal a customer is the more they will want to spread your sells advertisemants and recommend you to other company.

Stolb23 [73]3 years ago

3 0

Great for a business because a loyal customer means money

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Amiraneli [1.4K]

Answer:

b ithink

Explanation:

6 0

3 years ago

Callahan Company uses the weighted-average method in its process costing system. The Packaging Department started the month with

Juli2301 [7.4K]

Answer:

D. $2.30

Explanation:

The calculation of the cost per equivalent unit for direct material is given below:

= Total material cost ÷ Equivalent unit of materials

where,

Total material cost is $4,100

And, the equivalent unit of material is

= Units transferred out + ending work in process units

= 1,600 + 180

= 1,780

The units transferred out is come from

= Beginning units + started units - ending units

= 290 units + 1,490 units - 180 units

= 1,600 units

Therefore, the cost per equivalent for direct material is

= $4,100 ÷ 1,780 units

= $2.30

4 0

3 years ago

Hilltop Manufacturing uses a predetermined manufacturing overhead rate based on machine hours to allocate manufacturing overhead

Sloan [31]

Answer:

Under-allocation of manufacturing overhead is $15,024.63

Explanation:

Actual manufacturing overhead cost $500,000

Estimated manufacturing overhead cost $550,000

Estimated direct labor cost $175,800

Estimated direct labor hours 50,500

Actual direct labor hours 60,700

Estimated machine hours 40,600

Actual machine hours 35,800

Predetermined Rate of Allocation = Estimated manufacturing overhead cost / Estimated machine hours

Predetermined Rate of Allocation = $550,000 / 40600

Predetermined Rate of Allocation = $13.54679803 / hour

Allocated Manufacturing overheads = Predetermined overhead rate x Actual Machine hours

Allocated Manufacturing overheads = $13.54679803 x 35,800

Allocated Manufacturing overheads = $484,975.37

Under / over allocation of manufacturing overhead = Actual manufacturing overhead - Allocated manufacturing overhead

Under / over allocation of manufacturing overhead = 500,000 - $484,975.37

Under-allocation of manufacturing overhead = $15,024.63

3 0

4 years ago

In the field of economics, the additional cost associated with one more unit of something is called a(n)?

antoniya [11.8K]

In the field of economics, the additional cost associated with one more unit of something is called a(n) marginal cost.

This is further explained below.

<h3>What is marginal cost.?</h3>

Generally, The change in the overall cost that occurs as a result of an increase in the amount produced is referred to as the marginal cost.

This is also referred to as the cost of producing an extra quantity.

In conclusion, In the study of economics, the term "marginal cost" refers to the extra expense incurred by producing one more unit of a certain product or service.

Read more about marginal cost.

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3 0

2 years ago

A 4.75 percent coupon municipal bond has 20 years left to maturity and has a price quote of 101.30. The bond can be called in ei

Vladimir79 [104]

Answer:

Answer is given below.

Explanation:

Par value of bond = $ 5000

Coupon rate = 4.75% * 6 / 12 = 2.375% Per period

Term = 20Years *2 = 40 Periods

Current price of bond = Par value * 101.30% = $5,000 * 101.30% = $5,065

Callable price = Par value + Call premium = $5,000 + $5,000 * 4.75% = S5,237.5

Callableterm = 8 Years * 2 = 16 Periods

Couponamountperperiod =Parvalue • Couponrate = $5000*2.375% = $118.75

Current yield = Coupon amount /Current price = $118.75/$5,065 = 0.023445212 = 2.345%Per period Rounded)

Currentyield = 2.345%Perperiod *2 = 4.69%Perannum

YTM = [Coupon amount + (Maturity value - Current price ) / Term] / [(Current price + Maturity value ) /2]

= [$118.75+($5,000-$5,065)/40]/[($5,065+S5,000)/2]

= $117.125 / $5032.5

= 0.023273721 = 2.33%Perperiod

YTM = 2.33% * 2 = 4.66% Per annum

Tax rate = 36%

After tax equivalent yield YTM (1 -Tax rate) = 4.66%(1-36%) = 2.9824% Per annum

Yield to call (YTC) = [Couponamount+(Call price - Current price)/Callable Term/ [(Current price+Call price)/2]

= [$118.75 + ($5,237.5 - $5,065)/16 ] / [($5,065 + $5,237.5)/ 2]

= $129.53125/ $5151.25

= 0.025145596 = 2.515%Per period (Rounded)

YTC = 2.515%2 = 5.03%Per annum (Rounded)

4 0

3 years ago

Read 2 more answers