Answer:
Explanation:
Calculation of Goodwill -
$ in Million $ in Million
Consideration given $ 590
Less: F.V of Harman's net assets
Assets
631
Less: F.V of Liabilities
(169) (462)
Goodwill on acquisition $ 128
2. The impairment loss Pesky would recognize at the end of year 2021 is $ 68 million , since the book value of the net assets exceeds its fair value.
Calculation :-
$ in million $ in million
Goodwill 128
Less Implied value of goodwill
F.V of Harman's, Inc
570
F.V of Harman's net assets (excluding Goodwill)
(510) (60)
Impairment Loss $ 68
3. Journal entry to record loss:
Dr Cr
Loss on impairment of goodwill Dr $ 68 million
Goodwill
$ 68 million
(To record the impairment loss
Answer:
C. $75,000
Explanation:
Departmental OH Rate Molding Assembly
Direct Labor 200000 800000
Manuf. OH 600000 400000
Manuf. OH to Direct Labor Ratio 300% 50%
Molding Assembly Total
Materials 25000
Direct Labor 8000 12000 20000
Applied Manuf. OH [Direct labor * OH Rate] 24000 6000 30000
Total cost for Job 432 75000
Answer:
the best way to plan and implement a product launch a high-end portable digital music player worldwide is by digital Launch.
Explanation:
Digital Launch is a cutting edge marketing entity that uses its innovative strategies to effectively market brands and entertainers through both the conventional and rich media worlds.
Use the steps outlined below:
- Be strategic by finding your target audience
- Go overboard with outreach via the media space by introducing pre-order and promo codes.
- Do targeted social media ads.
- Use Lead generation to create a mailing list.
- Use brand ambassadors in the digital music space to drive engagement
- Make the launching proper an experience by creating an event around it.
Answer:
<u>Direct labor hours.</u>
Explanation:
An activity base is considered every activity used in overhead allocation.
In service industries, it is more likely that the base of activity is direct working hours, to use this indirect cost allocation base, there must be an estimated amount of the total direct working hours that are used during the period. , using the estimate of a previous period as a projection for retraction or business growth. Once the estimate has been determined, the predetermined indirect rate used for indirect cost allocation can be found by dividing the estimated total indirect cost by the estimated total direct working hours.
<h2>Humbert <u>High internal </u>locus of control</h2>
Explanation:
Let us understand the term internal locus of control.
Internal locus is having a high belief on oneself. The term can be explained in deeper saying, a person belief himself that he is sole responsible for the result which is derived from his own action.
For eg:
Every person would be expecting his school results. So depending on the result like pass or fail, a person with high internal locus believe that, he has done well so he got pass, or he has not prepared properly so he failed.
