How do I persuade people to buy my chocolates?

Zoe Corporation has the following information for the month of March: Purchases $92,000 Materials inventory, March 1 6,000 Mater

Rufina [12.5K]

,Answer:

Zoe Corporation

Statement of Cost of Good Manufactured For the Month Ended March 31

Work in Process Inventory 22,000

Direct Materials:

Materials inventory, March 1 6,000

Purchases 92,000

Less Materials inventory, March 31 ( 8,000)

Cost of Materials used in Production 90,000

Direct Labor 25,000

Factory Overhead 37,000

152,000

Total Manufacturing Cost 174,000

Less Work in Process Inventory, March 31 (23,500)

Cost of Goods Manufactured 150,500

7 0

4 years ago

To compete with Lexus, a successful luxury brand of Toyota, Nissan launches Infinity as its own luxury brand to seek the benefit

slava [35]

Answer:

(D). Straddling

Explanation:

Straddling positioning involves placing a product or brand in two segments at the same time such that it is possible to reap benefits from both segments.

By launching its luxury brand (Infinity), while remaining in other market segments, Nissan is practicing straddling positioning.

3 0

4 years ago

At the beginning of 2018, Uptown Travel, Inc. has the following account balances: Accounts receivable $ 46,000 (Debit) Allow

gayaneshka [121]

Answer:

The amount of bad debt expenses for the year 2018 is $38,000

Explanation:

In the given question we have been told that the allowance for bad debts is $8,000 which the uptown travel, Inc has made and also another information that has been given in the question is that the uptown travel Inc uses the aging of account receivable method , this a method where we are calculating the amount of uncollectible bad debt expenses.

In this question it is been given that there is $17,000 of amount that is written off and there is $29,000 of amount which is uncollectible , so we will add these amount , which will give us the total amount which is uncollectible,

= $29,000 + $ 17,000

= $46,000

But in the question it has been given to us that the uptown travel Inc ahs made a allowance for the bad debts, so we will subtract this amount from the total amount which is uncollectible to get the amount of bad debt expenses.

Bad debt expenses = $46,000 - $8,000

= $38,000

7 0

3 years ago

Consider the following for Guardian Manufacturing Company: Change in finished goods inventory $ 315 increase Change in work-in-p

vesna_86 [32]

Answer:

B) $ 485 $ 170

Explanation

The cost of goods manufactured includes all the manufacturing costs in a given period adjusting for changes in work in process balances. The total manufacturing costs are $ 630 but this results in an increase in work in process inventory by $ 145, so in other words, part of the total manufacturing costs have gone towards increasing the work in process balance.

So the cost of goods manufactured is $ 630 - $ 145 = $ 485.

The cost of goods sold is the cost of goods manufactured above adjusted for changes in finished goods.

so the cost of goods sold is $ 485 - $ 315 ( change in finished goods inventory) = $ 170.

8 0

3 years ago

Paddy has lots of cousins. With a family reunion in the near future, Paddy decides to collect income information for himself and

Trava [24]

Answer:

37.9%, lower

Explanation:

Paddy has lots of cousins. With a family reunion in the near future, Paddy decides to collect income information for himself and all his cousins. He obtains the following data points: $52,000, $22,000, $92,000, $8,000, $118,000, $62,000, $38,000, $14,000, $132,000, $46,000, $26,000, $96,000, $54,000, $110,000, $80,000. The share of income received by the highest quintile of this income distribution is 37.9%, which is lower than that for the highest quintile of the U.S. income distribution in 2005.

8 0

3 years ago