Answer:
This question has two requirements answer of each requiremnt is given below.
Dispose of the overhead variance by adjusting Cost of Goods Sold. Adjusted COGS $____
Applied Overhead = 532,000 * 80% =$ 425,600
This show that overhead are over apllied, so
Adjusted COGS = $1,890,000 - (425,600 -423,600)
= $ 1,888,000
Calculate the overhead variance for the year. $____
Overhead variance = Applied Overhead - Actual Overhead
= 425,600 -423,600
= $ 2000 (Favorable variance)
For his first year of business, Bob’s accounting profit was $5,000 (5,000 = 80,000-67,000-4%*200,000), and his economic loss was $35,000 (-35,000 = 5,000 - 40,000) based on the information shown on the question above. The accounting profit is a recorded profit based on every business transaction occurring in a one-year period. The economic profit (loss) is a difference between a revenue and its opportunity cost.
Reasons for shifting production to other countries John Deere is a global leader in the tractor market and its strategic objective is to expand rapidly outside of North America. One of the ways to expand globally is to make the product closer to the target market
Offshoring is the practice of a firm moving its service and production operations to a different nation. A corporation with American roots, John Deere is well recognised for assembling and producing agricultural tractors.
Samuel Allen, the company's CEO, predicts that Offshoring the company's tractor manufacture overseas will boost overall sales to $50 billion by 2018, with half of that amount coming from nations other than the US and Canada. Offshoring production would aid in growing the business to a worldwide scale in addition to boosting revenue.
Due to differences in time zones, the company's production processes and services would be available around the clock. The cost of manufacture would also be reduced by offshore tractor production.
The business would stop paying the costs of transporting tractors from the base production site to foreign nations. The need to exert more control, an effort to reduce risks, and a desire to concentrate on business development are some further justifications for outsourcing.
To learn more about offshoring here,
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The code of ethics which Catalina developed is supposed to spell out how her staff will interact with customers, fellow employees, and members of the general public.
<h3>What is the purpose of a Code of Ethics?</h3>
The Code of ethics is an organizational blueprint that spells out the behavior of staff or employees which when followed to the letter ensures, that the image or the organization is associated with the highest levels of:
- Professionalism
- Integrity and
- Honesty,
These help to increase brand equity.
Please see the link below for more about the Code of Ethics:
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Answer:It is true that in many organization marketing does not have a place of importance in the organizational hierarchy as spending on marking cuts on their profit making. These firms need no marketing strategies as they are on regional or street or local level. Theses are small business. The customer base of these firms is near by public. These firms don’t work to reach far away customers
Explanation:
