Answer:
ii. Her accounting profit was $150,000
iii. Her economic profit was $50,000
Explanation:
The computation is shown below:
For accounting profit, it is
= Total revenues - total expenses i.e explicit cost
= $250,000 - $100,000
= $150,000
And, for economic profit
= Total revenues - total cost i.e explicit and implicit cost
= $250,000 - $100,000 - $100,000
= $50,000
Hence, the second and third options are correct
Answer:
The answer is 4. licensing
Explanation:
Licensing is a agreement in which a business allows a foreign firm to produce its goods or services or use its brand or design or use it patent for a fee. It is a marketing strategy.
In this question, Sodima(a French company) produces Yoplait. Sodima allows General Mills(in United States) to sell its Yoplait in the United States for a fee.
It is known as licensing.
Answer : The markup rate based on cost is 91.79747%.
We have
Selling price per jacket = $37.88
Cost per jacket = $19.75
![Markup rate =[\frac{Selling Price - Cost}{Cost}] * 100](https://tex.z-dn.net/?f=%20Markup%20rate%20%3D%5B%5Cfrac%7BSelling%20Price%20-%20Cost%7D%7BCost%7D%5D%20%2A%20100%20)
Substituting the values in the formula above we get,
![Markup rate = [\frac{37.88-19.75}{19.75}] *100](https://tex.z-dn.net/?f=%20Markup%20rate%20%3D%20%5B%5Cfrac%7B37.88-19.75%7D%7B19.75%7D%5D%20%2A100%20)
![Markup rate = [\frac{18.13}{19.75}] *100](https://tex.z-dn.net/?f=%20Markup%20rate%20%3D%20%5B%5Cfrac%7B18.13%7D%7B19.75%7D%5D%20%2A100%20)
%
No, 401(k) can not be considered as an individual retirement account.
The 401(k) differs from an individual retirement account ((RA) because A 401(k) is created through an individual's employer. Generally, 401(k)s as well as individual retirement accounts include beneficial tax advantages, But where we see a distinction is that the 401(k)s are designed for employers of labor to offer while individual retirement accounts are for Individuals as IRAS give more investment opportunities and 401(k)s gives a higher annual contribution.
To know more about Individual retirement account visit:
brainly.com/question/2084315
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Answer:
a.) Raw material 210000
Account payable 210000
(Purchase material on account)
b.) 1.Work in process 151200
Raw material 151200
(material used)
2.Overhead 37800
Raw material 37800
(Record indirect material )
c.)1. Work in process 49000
Factory payroll 49000
(Record direct labor)
2. Overhead 20000
Factory payroll 20000
(Record indirect labor)
d.) Overhead 106000
Accumulated depreciation 106000
(record depreciation)
e.) Overhead 130000
Account Payable 130000
f.) work in process (8*76400) 611200
Overhead 611200
g.) Finished goods 511000
Work in process 511000
( record completion of goods from wip to finished goods)
h.)Account receivable 605680
Sales 6056800
(record sales on account)
Explanation:
f.Overhead applied to a particular job= Predetermined rate* job hours allocated
h. copmlete job were shipped to customer at 34% above cost =(452000*34%)=452000+153680=605680.
