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Debora [2.8K]
3 years ago
7

Which of the following statements is not correct?

Business
1 answer:
Alexeev081 [22]3 years ago
5 0

Answer:

B. The owner's drawing account is closed to the Income Summary account

Explanation:

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Describe the branding strategies used by Hormel and how Justin's products fit into the Hormel product line.
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The branding Strategy that was used by Hormel is known as the multi product branding.

<h3>What is branding?</h3>

It should be noted that branding simply means the process of creating a strong, positive perception of a company.

In this case, the branding srategy that was used by Hormel is known as the multi product branding.

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Solutions to deal with social, cultural and demographic issues​
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Improvement of social services to a specific area

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why the introduction of maximum prices in the petrol industry will not be an ideals decision for the country's economy​
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The introduction of maximum prices in the petrol industry will not be an ideals decision for the country's economy because

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b) Petrol is essential for daily lives, without maximum pressure some people may not be able to buy the product.

<h3>What is Economy?</h3>

An economy is the large set of inter-related production, consumption, and exchange activities that aid in determining how scarce resources are allocated. It is defined as the management of financial matters for a community, business or family.

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3 0
1 year ago
Information technology can be used to support _______________. product development teams customer support processes any other bu
Nadusha1986 [10]
Information technology can be used to support - D. all the choices are correct. All of these choices can benefit from information technology, whether those are product development teams, customer support processes, or any other business activities. Information technology nowadays is a must-have, because basically everything today is done using computers or the Internet, which is why all employees should be technologically-literate. 
6 0
3 years ago
Gelb Company currently manufactures 49,500 units per year of a key component for its manufacturing process. Variable costs are $
kirill [66]

Answer:

Incremental cost= $61,875

Explanation:

Giving the following information:

Gelb Company currently manufactures 49,500 units per year of a key component for its manufacturing process. Variable costs are $5.15 per unit, fixed costs related to making this component are $75,000 per year, and allocated fixed costs are $70,500 per year. The allocated fixed costs are unavoidable whether the company makes or buys this component. The company is considering buying this component from a supplier for $3.90 per unit

We need to determine whether it is more convenient to produce the component or outsource it. We will only consider the relevant costs, therefore the fixed costs will not be taken into account.

Make in house:

Cost= 49,500*5.15= $254,925

Buy:

Cost= 49,500*3.90= $193,050

Incremental cost= 254,925 - 193,050= $61,875

8 0
3 years ago
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