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3 years ago

What is a product’s life cycle? entrepreneurship

1 answer:

3 0

The life cycle of a product are as follows:
1) Introduction - This involves the R&D, marketing, and launch of the product
2) Growth - This is the period of the life cycle when sales of increasing most quickly
3) Maturity - sales are peaking, but the rate of growth is slowing down,
4) Decline -final stage of the cycle, when sales begin to fall

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Halo Company is a calendar-year U.S. firm with operations in several countries. At January 1, 2021, the company had issued 41,30

soldi70 [24.7K]

Answer:

$111,510

Explanation:

The Halo Company issued 41,300 executive stock options at price of $26 which totals $1,073,800. The vesting schedule is followed to calculate compensation expense. A stock option gives right to the stock option holder to buy or sell shares at specific price at specific time. The compensation expense is recognized when the vesting takes place. The stock option compensation expense is debited to income statement of the company.

6 0

3 years ago

The total factory overhead for Bardot Marine Company is budgeted for the year at $1,760,850, divided into four activities: fabri

nasty-shy [4]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Activity - Speedboat - Bass boat:

Fabrication= 9,750 + 29,250= 39,000 direct labor hours

Assembly= 29,250 + 9,750= 39,000 direct labor hours

Setup= 70 + 515= 585 setups

Inspection= 122 + 853= 975 inspections

Department costs:

Fabrication= 858,000

Assembly= 351,000

Setup= 298,350

Inspection= 253,500

Each product is budgeted for 5,000 units of production for the year.

First, we need to calculate the predetermined overhead rate for each activity:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Fabrication= 858,000/39,000= $22 per direct labor hour

Assembly= 351,000/39,000= $9 per direct labor hour

Setup= 298,350/585= $510 per setup

Inspection= 253,500/975= $260 per inspection

Now, we can allocate overhead to each product line:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Speedboats= 22*9,750 + 9*29,250 + 70*510 + 122*260= $545,170

Bass boat= 22*29,250 + 9*9,750 + 515*510 + 853*260= $1,215,680

Finally, overhead per unit:

Speedboats= 545,170/5,000= $109.034

Bass boat= 1,215,680/5,000= $243.136

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3 years ago

Mustang Corporation had 100,000 shares of $2 par value common stock outstanding. On December 31, 2018, the company's board of di

Kaylis [27]

Answer:

Dr Retained Earnings 500,000

Cr Com. Stock Dividend Distributable 100,000

Cr Add’l Paid – in Capital, Com. Stock 400,,000

Explanation:

Preparation of the journal entry

Dec. 31

Dr Retained Earnings 500,000

[(100,000 x (50/100)* 10 market price]

Cr Com. Stock Dividend Distributable 100,000

[(100,000 x (50/100)*2 par value ]

Cr Add’l Paid – in Capital, Com. Stock 400,,000

(500,000 – 100,000 )

6 0

3 years ago

Having a low credit score can make it more difficult to: a obtain a car loan b open a new credit card c secure an apartment leas

lys-0071 [83]

I think the correct answer from the choices listed above is option D. Having a low credit score can make it more difficult to obtain a car loan, open a new credit card and secure an apartment lease. A credit score is a numerical expression based on a level analysis of a person's credit files, to represent the creditworthiness of the person. Hope this answers the question. Have a nice day.

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3 years ago

Stefanie opens a checking account at her neighborhood bank and writes a check on her account. The legal relationship between Ste

Bingel [31]

Answer:

c. An agency relationship

Explanation:

An agency relationship is a mutual relationship, in which one person (i.e the principle ) gives a permission to an agent so as to act on their behalf.

In this relationship the agent must consent to the instructions of the person i.e the principle.

Here in the question, Stefanie acting as Principal who has directed the agent (which is the bank in the given case ) to execute a task.

3 0

3 years ago