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3 years ago

Domingo Corporation uses the weighted...

Business

1 answer:

son4ous [18]3 years ago

8 0

Answer:

3,000 units

Explanation:

Calculation for How many units are in ending work in process inventory

Using this formula

Ending work in process units =Beginning work in process units + Units started into production - Transferred to the second processing department units

Let plug in the formula

Ending work in process units= 2,300 units + 8,700 units - 8,000 units

Ending work in process units= 3,000 units

Therefore 3,000 units are in the ending work in process inventory in the first processing department at the end of the month.

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Prepare a multiple-step income statement for Armstrong Co. from the following data for the year ended December 31. Sales, $755,0

OLEGan [10]

Answer:

See explanation

Explanation:

Armstrong Co.

Multi-step Income Statement

For the year ended, December 31, 20YY

Sales $755,000

Less: Cost of merchandise sold (330,000)

Gross Profit $425,000

Less: Operating expenses

Administrative expenses $35,000

Selling expenses $50,000

Total operating expenses $85,000

Income from operation $340,000

Other revenue and expenses:

Rent Revenue $25,000

interest expense ($30,000)

Total other revenues (expenses) $(5,000)

Income before taxes $335,000

Less: Income Tax 0

Net Income (loss) $335,000

That is the appropriate way to prepare a multi-step income statement

3 0

3 years ago

#2- Almost all economic systems today are ?

Flauer [41]

Mixed economies- These systems combine government intervention with free market principles. In mixed economies around the world, varied levels of government intervention exist.

7 0

2 years ago

__________________ occurs when we are likely to buy even more of a product (versus less) after an initial impulse purchase.

VLD [36.1K]

Purchase momentum.

Initial impulses to buy lead to higher likelihoods of purchasing more.

3 0

3 years ago

Consider an asset that has a beta of 1.25. If the risk free rate is 3.25 and the mrket risk premium is 5.5% caculate the expecte

valina [46]

Answer:

10.125%

Explanation:

The formula to compute the expected return on the asset is shown below:

Expected return on the asset = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

= 3.25% + 1.25 × 5.5%

= 3.25% + 6.875%

= 10.125%

The (Market rate of return - Risk-free rate of return) is also known as the market risk premium and the same is used in the computation part

4 0

3 years ago

Companies spend millions of dollars each year for celebrities to appear in their marketing communications. Explain why this migh

Ede4ka [16]

Explanation:

There are several reasons involved in the reasons why large companies hire celebrities to appear in their marketing communications.

Strategically, using a celebrity on the media can attract attention to the company, due to the large number of people who are curious and are influenced by the values and habits of a certain celebrity, in addition to transmitting reliability to a product or service, which generates attraction of target audience for the brand. Other advantages involved are that celebrities add value to the ad.

However, to be an effective marketing strategy, it is necessary that the profile and lifestyle of the celebrity are consistent with the values of the company and its target audience, so that an accurate communication that brings success to the company can be transmitted.

A product or service that uses celebrities in its ads is the company Calvin Klein, which prints billboards with celebrities wearing their pieces in various appropriate locations, which is a strategy that adds value to the product, and makes the company recognized and strong market positioning.

7 0

3 years ago