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3 years ago

The daily herald runs an article on a restaurant opening, this is an example of

Business

1 answer:

bagirrra123 [75]3 years ago

5 0

Answer:

Publicity

Explanation:

Publicity is when a business fasten the demand for its product by getting it reviewed and featured either in newspapers, in radio or television through their editors, journalist, reporters and columnist. Publicity is not paid for by the sponsorers. However, some indirect costs like entertainment of guest invited, stage decoration and inviting members of press to cover the event, may be expended.

Publicity comprises organizing seminars, opening new restaurants, presentation of public speeches, granting of interviews and entertainment shows which informs it publication by the media.

The aim of publicity are ;

-Create awareness for newly launched products

- to intensify effort in the promotion of products newly produced

- sales increase for existing ones.

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Maritime Marine Company has total estimated factory overhead for the year of $986,800, divided into four activities: fabrication

Hatshy [7]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Estimated costs:

fabrication= $386,400

assembly= $207,900

setup= $112,000

inspection= $280,500.

Fabrication Assembly Setup Inspection

Speedboat: 1,200 dlh 1,800 dlh 60 setups 600 inspections

Bass boat: 1,800 1,200 100 200

3,000 dlh 3,000 dlh 160 setups 800 inspections

First, we need to calculate the overhead rate for each activity:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

fabrication= 386,400/3,000= $128.8 per direct labor hour

assembly= 207,900/3,000= $69.3 per direct labor hour

setup= 112,000/160= $700 per setup

inspection= 280,500/800= $350.63 per inspection

Now, we can allocate overhead to each product:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Speedboat= 1,200*128.8 + 1,800*69.3 + 60*700 + 600*350.63

Speedboat= $531,678

Bass boat= 1,800* 128.8 + 1,200*69.3 + 100*700 + 200*350.63

Bass boat= 455,126

5 0

3 years ago

A certain city reports the following year-end total assets: General Fund $18,400,000 Library Fund (a special revenue fund) 2,900

kolbaska11 [484]

Answer:

B) General Fund and Library Fund

Explanation:

Major funds are those that include revenues, assets, expenditures and liabilities that account for at least 10% of all the government funds.

In this case the total government funds = $26,300,000

so 10% of total funds = $26,300,000 x 10% = $2,630,000

only the general fund ($18,400,000 ≥ $2,630,000) and the library fund (2,900,000 ≥ $2,630,000) are higher than the 10% threshold.

4 0

4 years ago

Read 2 more answers

Craigmont company's direct materials costs are $3,000,000, its direct labor costs total $7,000,000, and its factory overhead cos

Ivanshal [37]

Conversion cost is defined as the sum of direct labor costs and manufacturing overhead costs. It is the manufacturing cost needed to convert raw materials to a product. From the information given above, the conversion cost is the summation of direct material costs, direct labor costs and factory overhead costs.
$3000,000 + 7,000,000 + 5,000,000 = 15,000,000
Therefore, the conversion cost is $15,000,000.

3 0

3 years ago

The business environment consists of several factors that affect a business's ability to be successful and operate profitably.Cr

Damm [24]

Answer:

1. technological

2. Social

3. Competitive

4. Economic and legal

5. Global

Explanation:

environmental forces can be defined as those factors that have the ability to affect or influence how an organization or business operates.

based on the question, 5 environmental forces have been identified with each:

1. Technological

for Booksellers- Boarders, they eventually went bankrupt because of technological advancement that has made books readily available on the internet. so people easily go for these soft copies rather than the hardcopy that they used to.

2. Social

Snap for Seniors- Eve Stern is an entrepreneur who started a business. this is a social environment force that is involved in serving the needs of the elderly.

3. Competitive

blackberry- When the BlackBerry phone system quit working, it affected 70 million customers. Those customers turn to other cellphones which offered the reliable service business customers demand, at a lower price. customers are always likely to go to the side of the competition where prices seem to be fairer.

4. Economic and legal

Jeffries Roofing- Tom Jeffries owns Jefferies Roofing company. In his proposals, Tom describes materials to be used and a price. When the customer signs the bid, it becomes an enforceable contract.

5. Global

WalMart- In China, Walmart has nearly doubled in size and made "Made in China" stickers are visible all over Walmart stores in the United States.

7 0

3 years ago

In many corporations, there is "separation of ownership from control." what does this mean

sesenic [268]

This means shareholders own the corporation, but it is controlled by managers.

3 0

3 years ago