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3 years ago

Market segments that can be effectively reached and served are said to be

1 answer:

5 0

Market segments that can be effectively reached and served are said to be accessible. Accessibility is the ability to reach and have access to something. Having an accessible market allows you to predict the revenue opportunity from the good or service you are wanting to market to a specific audience.

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The Polishing Department of Major Company has the following production and manufacturing cost data for September. Materials are

juin [17]

Answer:

a. compute the equivalent units of production for materials and conversion costs

materials = 44,500

conversion costs = 40,000

b. compute the unit costs for materials and conversion costs for the month

materials = $4.40

conversion = $10.65

c. determine the costs to be assign to the units transferred out in the process

Cost of units transferred out in the process = $594,475

Explanation:

a. compute the equivalent units of production for materials and conversion costs

materials

Units Completed and Transferred to Finished Goods (100%×39,500) =39,500

Units in Closing Work In Process (100%×5,000) = 5,000

Total = 44,500

conversion costs

Units Completed and Transferred to Finished Goods (100%×39,500) =39,500

Units in Closing Work In Process (10%×5,000) =

500

Total = 40,000

Calculation of Units Completed and Transferred to Finished Goods

1,600+42,900-5,000 = 39,000

b. compute the unit costs for materials and conversion costs for the month

materials

Opening Work In Process Costs = $20,000

Add Costs Incurred during the Period = $175,800

Total = $195,800

Unit costs for materials = Total Costs / Equivalent units of production for materials

= $195,800 / 44,500

= $4.40

conversion

Opening Work In Process Costs = $43,180

Add Costs Incurred during the Period($125,680 + $257,140) = $382,820

Total = $426,000

Unit costs for conversion = Total Costs / Equivalent units of production for conversion

= $426,000 / 40,000

= $10.65

c. determine the costs to be assign to the units transferred out in the process

Total Unit Cost Calculation

Materials = $4.40

Conversion = $10.65

Total = $15.05

Cost of units transferred out in the process = 39,500 × $15.05

= $594,475

8 0

4 years ago

Wendy has had a life insurance policy for five years with her spouse listed as the person who receives the benefit if she dies.

pogonyaev

Answer:

Option C

Explanation:

In simple words, A designated beneficiary , often termed as named beneficiary, refers to a person who is stipulated by a signed legal contract and who has the right to receive money from a fund, insurance fund, pension scheme account, IRA, or some other digital currency. By the point of transaction several designated owners of a single property would share in the profits.

4 0

4 years ago

Two or more items are omitted in each of the following tabulations of income statement data. Fill in the amounts that are missin

PilotLPTM [1.2K]

Answer:

Income Statements

2013 2014 2015

Sales revenue $294,170 $360,920 $414,180

Sales returns and allowances 11,200 13,470 20,740

Net sales 282,970 347,350 393,440

Beginning inventory 21,590 33,560 42,010

Purchases 245,240 263,090 298,600

Purchase returns and allowances (5,180) (8,330) (10,440)

Freight-in 8,140 9,480 12,440

Total cost of goods available 269,790 297,800 342,610

Ending inventory 33,560 42,010 47,870

Cost of goods sold 236,230 255,790 294,740

Gross profit on sales 46,740 91,560 98,700

Explanation:

a) Data and Calculations:

2013 2014 2015

Sales revenue $294,170 $ $414,180

Sales returns and allowances 11,200 13,470

Net sales 347,350

Beginning inventory 21,590 33,560

Ending inventory

Purchases 263,090 298,600

Purchase returns and allowances 5,180 8,330 10,440

Freight-in 8,140 9,480 12,440

Cost of goods sold 236,230 294,740

Gross profit on sales 46,740 91,560 98,700

Beginning inventory 21,590 33,560 42,010

Purchases 245,240 263,090 298,600

Purchase returns and allowances (5,180) (8,330) (10,440)

Freight-in 8,140 9,480 12,440

Total cost of goods available 269,790 297,800 342,610

Ending inventory 33,560 42,010 47,870

Cost of goods sold 236,230 255,790 294,740

3 0

3 years ago

Concord Corporation has 5400 shares of 6%, $50 par value, cumulative preferred stock and 108000 shares of $1 par value common st

SIZIF [17.4K]

Answer:

$18,400

Explanation:

For computing the preferred dividend, first we have to find out the yearly dividend which is shown below:

= Number of shares × par value per share × dividend rate

= 5,400 shares × $50 × 6%

= $16,200

In 2019, the dividend was paid of $14,000

Remaining dividend left is $16,200 - $14,000 = $2,200

So, the total preference dividend in 2019 would be

= Yearly dividend + remaining dividend left

= $16,200 + $2,200

= $18,400

6 0

4 years ago

The following lists are nations with mixed economies. In which list is the free market most dominant?. . A. France, Canada, Sout

Marizza181 [45]

A free market is a type of economy which allows the manufacturers and consumers to interact resulting to the relationship between the supply and demand market. This is different from the command market in which the government controls solely. One of the countries with strong free market economy are B. US, UK, HK and Singapore.

5 0

3 years ago