Answer: Identify the target audience.
Explanation:
Kelly's first step to marketing her company to their target audience would be to first know the target audience. If Kelly discovers who her company's audience are, she would be able to easily create an advert that would be able to captivate them.
Answer:
Variable overhead efficiency variance= $600 unfavorable
Explanation:
Giving the following information:
Standard rate per direct labor-hour $2
Standard direct labor-hours for each unit produced 3
Units manufactured 1,000
Actual direct labor-hours worked during the month 3,300
<u>To calculate the variable overhead efficiency variance, we need to use the following formula:</u>
<u></u>
Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate
Variable overhead efficiency variance= (1,000*3 - 3,300)*2
Variable overhead efficiency variance= $600 unfavorable
Answer: $20,000
Explanation:
From the question, we are told that Liddy Corp. began constructing a new warehouse for its operations in the current year and that Liddy incurred interest of $10,000 on a working capital loan, and an interest on a construction loan for a warehouse of $70,000. The interest that was computed on the average accumulated expenditures for the warehouse construction was $60,000.
To calculate the amount of interest that Liddy should expense for the year, we add the $10,000 Liddy interest that Liddy incurred on a working capital loan plus the interest on the construction loan for the warehouse of $70,000. We then subtract the expenditure of $60,000 from the value gotten. This will be:
= $10,000 + $70,000 - $60,000
= $20,000
The amount of interest should Liddy expense for the year is $20,000.
<span>When one enterprise enters the contract with another company and uses the brand name and other aspects for the purpose of production becomes profitable to the both enterprises and this kind of arrangement is called as a licensing arrangement. This helps the both companies by giving a market base and resources for production and gives the other company have extended market and more investments.</span>
Answer:
Warranty Expense $3,600 (debit)
Warranty Provision $3,600 (credit)
Explanation:
There is no option on the customer to take the warranty or not.Thus, this type of warranty is called an Assurance type Warranty.
Assurance type Warranties are treated in terms of IAS 37 Provisions as follows :
Warranty Expense $3,600 (debit)
Warranty Provision $3,600 (credit)
Warranty Expense = $120,000 × 3% = $3,600