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Greeley [361]
3 years ago
13

A focused differentiation strategy requires offering unique features that fulfill the demands of a narrow market. All of the fol

lowing firms are examples except: a. Maserati b. Old Rip Van Winkle Distillery c. Build a Bear Workshop d. Cinnabon e. Papa Murphy's
Business
1 answer:
Dmitrij [34]3 years ago
3 0

Answer:

d. Cinnabon

Explanation:

Unlike the rest, Cinnabon <em>does not</em> have a focus strategy because it has other competitors in market.

Note that it specialises in baking, coffee and frozen drinks, services that are also offered by other competitors.

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On January 1, 2021, the company obtained a $3 million loan with a 14% interest rate. The building was completed on September 30,
Svet_ta [14]

Answer:

1. Calculate the amount of interest that Mason should capitalize in 2021 and 2022 using the weighted-average method.

interest capitalized in 2021 = $166,189

interest capitalized in 2022 = $77,956

2. What is the total cost of the building?

total construction costs ($6,375,000) + capitalized interests ($244,145) = $6,619,145

3. Calculate the amount of interest expense that will appear in the 2021 and 2022 income statements.

interest expense 2021 = $1,148,000 - $166,189 = $981,811

interest expense 2022 = $1,148,000 - $77,956 = $1,070,044

Explanation:

a 14%, $3,000,000 loan obtained on January 1, 2021

building was completed on September 30,2022

January 1, 2021: $1,050,000 x 12/12 = $1,050,000

March 1, 2021: $870,000 x 10/12 = $725,000

June 30, 2021: $390,000 x 6/12 = $195,000

October 1, 2021: $690,000 x 3/12 = $172,500

total weighted average expense 2021 = $2,142,500

weighted average interest rate:

$3,000,000 x 14% = $420,000

$4,900,000 x 5% = $245,000

$6,900,000 x 7% = $483,000

average interest rate = $1,148,000 / $14,800,000 = 7.7568%

interest capitalized in 2021 = $2,142,500 x 7.7568% = $166,189

January 31, 2022: $675,000 x 8/9 = $600,000

April 30, 2022: $990,000 x 5/9 = $550,000

August 31, 2022: $1,710,000 x 1/9 = $190,000

total weighted average expense 2021 = $1,340,000

weighted average interest rate:

$3,000,000 x 14% = $420,000

$4,900,000 x 5% = $245,000

$6,900,000 x 7% = $483,000

average interest rate = $1,148,000 / $14,800,000 = 7.7568%

interest capitalized in 2022 = $1,340,000 x 7.7568% x 9/12 = $77,956

4 0
3 years ago
Question 27 (1 point)<br> The relationship between the amount of inputs and outputs is known as
lys-0071 [83]

Answer:

A production function

Explanation:

A production function shows the relationship between the physical quantity output and the input of a good produced. It is the technical relationship between the physical output and physical input of a good. The production function is expressed as a mathematical function that relates inputs in numbers and their effect on output numbers.

4 0
2 years ago
At the beginning of April, Warren Corporation's assets totaled $257,000 and liabilities totaled $77,000. During April the follow
g100num [7]

Answer:

Total liabilities is $170,500

Explanation:

Warren's total liabilities at end of April comprises of the beginning  balance of liabilities of $77,000 plus the notes payable signed in  respect of the building acquired in the course of the year,the computation is shown below:

Beginning balance of liabilities         $77,000

Notes payable                                    $93,500

Total liabilities                                     $170,500

The notes signed by employee of $11,700 is notes receivable as the employee is owing the company and should be classified as notes payable ,but notes receivable instead, an asset.                      

3 0
3 years ago
Data for Divisions A, B, C, D, and E are as follows:
Law Incorporation [45]

Answer:

1. A

2. B WHICH DIVISONS IS MUST PROFITABLE IN TERM OF RACE OF TURN ON ENVRONMENT

6 0
3 years ago
Stones Corporation uses a predetermined overhead rate based on machine-hours to apply overhead to the manufacturing process. Las
Vinvika [58]

Answer:

A. $5.00 per machine-hour

Explanation:

The computation of the manufacturing overhead application rate is shown below:

= Estimated manufacturing overhead ÷ expected machine-hours incurred

= $550,000 ÷ 110,000 machine hours

= $5.00 per machine hour

In order to determine the  manufacturing overhead application rate, basically we divided the estimated manufacturing overhead by the expected machine hours

3 0
3 years ago
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