Answer:
B. Ordinal
Explanation:
Ordinal scales of measurement is the second level of measurement that measures non numeric concepts like happiness, comfort, discomfort, etc
ordinal scale identifies rank of variables with orders like good, very good, excellent etc. An example of ordinal scale of measurement is the Likert scale with measures data with orders like strongly agreed, agreed, , disagreed, strongly disagreed .
In ordinal scale of measurement, it is the order that matters. Therefore a bank that allows its customers to evaluates its drive - thru service as good, average or poor is using the ordinal scale of measurement
Answer:
marketing environment
Explanation:
Marketing environment -
It refers to all the external as well as the internal factors , which is present in the surrounding of the business and alters or influences the marketing process of the goods and services , is referred to as the marketing environment .
- The internal factors are - distributors , retials , shareholders , employees , consumers etc.
And ,
- The external factors are economic , technological , social , legal and political aspects .
Hence , from the given information of the question,
The correct term is marketing environment .
Answer:
(a) $1.8 per machine hour
(b) $390 per setup
Explanation:
Given that,
Overhead allocated to the cutting cost pool = $410,400
Overhead allocated to the design cost pool = $666,900
Total machine hours = 228,000
Total number of setups = 1,710
Under activity based costing,
Overhead rate for cutting:
= Overhead allocated to the cutting cost pool ÷ Machine Hours
= $410,400 ÷ 228,000
= $1.8 Per Machine Hour
Overhead rate for design:
= Overhead allocated to the design cost pool ÷ Number of Setup s
= $666,900 ÷ 1,710
= $390 per set up
Answer:
$90,000 and $86,000
Explanation:
In year 1, Lawrence Corp. purchased equipment for $100,000. Lawrence uses straight-line depreciation over a 10-year useful life with no residual value for financial reporting purposes.
In year 1, tax depreciation was $14,000. At the end of year 1, the carrying value for accounting purposes is $90,000, and the tax basis is $86,000.
Carrying value = Cost - Depreciation to date = 100,000 - (100.000 cost / 10 years) = $90,000
While tax basis = Cost - Tax depreciation = $100,000 - $14,000 = $86,000
