Answer:
When companies hire celebrities to advertise their products, they are attempting to make the demand for their product higher / more profitable. If this strategy is successful, the firm can raise both awareness and reputation / sales.
Explanation:
"Celebrity endorsement is a promotional tool that boosts brand awareness. It is a way of enhancing credibility and gaining visibility for brands. Celebrities are well-known people and a celebrity endorsement can make a brand stand out"
Reference: Elkins, Hashaw. “The Effect of Celebrities in Advertisements.” Small Business - Chron.com, 29 Mar. 2019
The straight line depreciation expense in 2022 is $1500.
The straight line depreciation expense in 2023 is $3000.
<h3>What is the depreciation expense in 2022 and 2023?</h3>
The striaght line depreciation method spreads out the depreciation expense equally over the useful life of the project.
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
($32,000 - $4,000) / 8 = $3000
The depreciation expense each year would be $3000 except in 2022 when the truck was used for 6 months.
Depreciation expense in 2022 = 6/12(3000) = $1500
To learn more about straight line depreciation, please check: brainly.com/question/6982430
Answer:
buy ADAP common stock
Explanation:
Prior to placing this order, the registered representative may, in his or her personal account, buy ADAP common stock. This is because the representative would be buying against ADAP Corp and therefore the market. The representative cannot Sell ADAP common stock because doing so after having received this information would be considered "Insider Trading" which is illegal since the 4% that the company is selling will most likely cause a dip in price of the shares in the market.
I guess the correct answer is making an observation
Making an observation requires you to use your senses to obtain information
Answer:
Results are below.
Explanation:
<u>First, we need to calculate the predetermined overhead rate:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 1,634,000 / 86,000
Predetermined manufacturing overhead rate= $19 per direct labor hour
<u>Now, we can allocate overhead to each unitary product:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Xactive= 19*1.4= $26.6
Pathbreaker= 19*1= $19
<u>Finally, the unitary cost of each product:</u>
Xactive= 63.8 + 17.2 + 26.6= $107.6
Pathbreaker= 50 + 12 + 19= $81