Given an interest of $11,900 at 6% for 50 days (ordinary interest) calculate the principal

Marquis Company estimates that annual manufacturing overhead costs will be $822,000. Estimated annual operating activity bases a

Scilla [17]

Answer:

direct labor cost $ 1,99 overhead per dollar of labor

direct labor hours $ 16,12 overhead per labor hour

machine hours $ 7,54 overhead per machine hour

Explanation:

We will sovle for the predeterminated overhead rate considering each of the three cost driver (activity base)

$\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate$

We divide the expected overhead over the cost driver chose by the company. In this case we have thre candidates:

<u>direct labor cost:</u>

822,000 / 414,000 =1,9855

<u>direct labor hours</u>

822,000 / 51,000 = 16,117647

<u>machine hours</u>

822,000 / 109,000 = 7,5412844

6 0

4 years ago

) Cebrex Software began a new development project in 2020. The project reached technological feasibility on June 30, 2021, and w

Oliga [24]

Answer:

$1,400,000

Explanation:

We are being told that: Cebrex Software which began a new development project in 2020 attained a technological feasibility on June 30, 2021, and was available for release to customers at the beginning of 2022.

The Development costs incurred prior to June 30, 2021 (i.e $3,200,000) are to be expensed in 2021 and not to be capitalized. Only the costs incurred after project reached technological feasibility are to be capitalized(i.e costs incurred from June 30 to the product release date which is $1,400,000).

Thus, the amount of Software be capitalized in 2021 is $1,400,000.

6 0

3 years ago

Read 2 more answers

A 5 customer retention increase can result in a profit increase of how much?

Scilla [17]

Answer:

its Letter C.

Explanation:

4 0

4 years ago

What is a business in sporta ad entertsnmnt marletongood

Alekssandra [29.7K]

Answer:

Sports marketing is a subdivision of marketing which focuses both on the promotion of sports events and teams as well as the promotion of other products and services through sporting events and sports teams. It is a service in which the element promoted can be a physical product or a brand name. The goal is to provide the client with strategies to promote sports or to promote some other product, service, business or cause through sports. Sports marketing is also designed to meet the needs and wants of the consumers through exchange processes.

These strategies follow the traditional four "P"'s of general marketing: Product, Price, Promotion and Place. Another four "P"’s are added to sports marketing, relating to the fact sports are considered to be a service. The additional 4 P’s are: Planning, Packaging, Positioning and Perception. The addition of the four extra elements is called the "sports marketing mix."

Sports marketing is an element of sports promotion which involves a wide variety of sectors of the sports industry, including broadcasting, advertising, social media, digital platforms, ticket sales, and community relations.

Sports marketing is divided into three sectors. The first is the advertising of sport and sports associations such as the Olympics, Spanish Football league and the NFL, as well as sport teams like Real Madrid and the New York Yankees. The second concerns the use of sporting events, sporting teams and individual athletes to promote various products. The third category is the promotion of sports to the public in order to increase participation.

In the first case, the promotion is directly related to sports. In the second case, the products can but do not have to be directly related to sports. When the promotion is about sports in general, the use of this kind of strategy is called “Marketing of Sports.” When the promotion is not about the sports but sports events, athletes, teams or leagues are used to promote different products, the marketing strategy is denominated “Marketing through sports."When the promotion is about increasing participation among the public, it is called "Grassroots Sports Marketing."To promote the products or services, the companies and associations use different channels such as sponsorships of teams or athletes, television or radio advertisement during the different broadcast sports events and celebrations, and/or advertisement on sporting venues.

“Street marketing of sports” considers sports marketing through billboards on the street and also through urban elements (street lighters and sidewalks, etc.) to help promote and gain publicity during major worldwide sporting events such as the Football World Cup, the Olympic Games, or the Super Bowl.this = Business

3 0

3 years ago

calculate the following future value given the assumptions below: Assume an individual invests $250/mo for 30 years at an expect

xz_007 [3.2K]

According to the Question, We are given,

An individual invests $250/m for 30 years at an expected rate of return of 8 percent.

To Calculate the Future Value,

<h3><u>SOLUTION</u></h3>

Here, the deposits will be same every month, so it is an annuity. We will use the following future value of annuity formula:

FVA = P × ((1 + r)ⁿ - 1 / r)

where, FVA is future value of annuity,

P is the periodical amount = $250,

r is the rate of interest = 8% pa,

so monthly rate = 8% / 12 = 0.67%

and n is the time period = 30 × 12 = 360 months

Now, putting these values in the above formula, we get,

FVA = $250 × ((1 + 0.6667%)360 - 1 / 0.6667%)

FVA = $250 × ((1 + 0.006667)360 - 1 / 0.006667)

FVA = $250 × ((1.006667)360 - 1 / 0.006667)

FVA = $250 × ((10.9357296578 - 1 / 0.006667)

FVA = $250 × (9.9357296578 / 0.006667)

FVA = $250 × 1490.28493442

FVA = $372571.23

So, future value is $372571.23

To know more about Future Value, check the given links.

brainly.com/question/24703884

brainly.com/question/5025949

#SPJ4

3 0

2 years ago