Answer:
C. Return to the old allocation method, which produces a lower amount of estimated cost.
Explanation:
Base on the scenario been described in the question, after Harry's co implemented an activity base costing system, this is as a result of the ABC allocations, the cost of one of the company's products was determined to be above its current selling price, also, they can not increase price due to the competition it will better for them to return to the old allocation method, which produces a lower amount of estimated cost. That will be the best thing to do
Answer:
1) A: Gross wages do not represent a decrease in net cash received on an employees paycheck. The gross wage s what the employee would have earned if no deductions were made.
2) C: Year to date summaries on a paycheck stub accumulate salaries and deductions in the same way an income statement accumulates revenues and expenses over a period.
3) B: At the end of each accounting period temporary accounts have to be set to zero. Their balances are transferred to permanent accounts.
Answer:
Eclectic paradigm
Explanation:
The eclectic paradigm of international production or OLI (ownership, location and internationalization) model is used by companies that are evaluating whether to engage in foreign direct investment (or internalization) or not.
It was developed in the 1970s and it is based on the premise that if it is cheaper for a company to produce internally, it will not seek to to produce in foreign countries. This analysis is based on three key factors:
- ownership advantages: are the ownership rights of the company upheld in foreign countries
- location advantages: does the company benefit form doing business in another specific country
- internationalization advantages: is it better for the company to produce internationally than domestically
Answer:
C) $201,760
Explanation:
To compute the amount of cash proceeds, we have to multiply the bonds face value with the issued price percentage.
Since only issue price is given, so we assume it is in percentage form because the number of shares is not given in the question. So, we assume this.
In mathematically,
Cash proceeds = Face value × 0.97
= $208,000 × 0.97
= $201,760
Cattle Raising does not originated in the gulf coastal plains region.
The gulf coastal plain which extends around the Gulf of Mexico in the Southern
United States and eastern Mexico has been a major center of economic activity. Energy
and Chemical industry are one of the biggest platforms located in the coastal
plains.