Complete the following sentence.<br> The acronym ADA stand for<br> (tourism)

Vaughn’s standard quantities for 1 unit of product include 5 pounds of materials and 1.0 labor hours. The standard rates are $4

Lilit [14]

Answer:

$31.00

Explanation:

Calculation to determine what The total standard cost of Vaughn's product is

Using this formula

Total standard cost of product=(Material Standard rate per pound × pounds of material) + (Labor standard rate per hour × labor hours) + (Standard overhead rate x labor hours)

Let plug in the formula

Total standard cost of product=[($4 × 5) + ($5 × 1.0)]+ ($6 × 1.0)

Total standard cost of product=($20+$5)+$6

Total standard cost of product= $25.00 +$6

Total standard cost of product= $31.00

Therefore The total standard cost of Vaughn's product is $31.00

6 0

3 years ago

________ provides reasons for customers to pay a premium for a firm's products and exhibit a strong brand preference.

ruslelena [56]

Answer:

e. A differential benefit

Explanation:

Differential benefits are the unique features, properties or characteristics a product possesses that made it stand out in the market place from other like products produced by competitors. This is very important for businesses operating in an industry with high completion. Ability to compel or attract customers to be loyal to your brand by making them see reasons why they should as expressed in the uniqueness of your product is very important for success.

6 0

3 years ago

A bond issue with a face amount of $1,200,000 bears interest at the rate of 9%. The current market rate of interest is 10%. Thes

katrin [286]

Answer: The selling price of the bond will be less than $1,200,000

Explanation:

From the question, we are informed that a bond issue with a face amount of $1,200,000 bears interest at the rate of 9% and that the current market rate of interest is 10%.

Since the market rate is 10% which is higher than coupon rate of 9%, this means that the market price for the bond will be smaller than the bond's face value.

Therefore, the selling price of the bond will be less than $1,200,000.

7 0

3 years ago

Sheila sells land to Elane, her sister, for the fair market value of $40,000. Six months later when the land is worth $45,000, E

77julia77 [94]

Sheila Recognized gain is $\$16000$

Jacob Recognized gain is $\$8000$

<u>Solution: </u>

Sheila’s Sale:

Amount noticed $\$40,000$

Fixed basis $(24,000)$

-------------

Gain $\$16,000$

Recognized Gain = $\$16,000$

Jacob’s Sale:

Amount noticed $\$48,000$

Fixed basis $(40,000)$

-------------

Gain $\$8,000$

Recognized Gain = $8000

The $40,000 profit base of Jacob is same as the adjusted basis of Elane.

8 0

3 years ago

The following selected account balances appeared on the financial statements of the Washington Company:

Contact [7]

Answer:

Cash Collections from customers = $60,000

Cash paid to suppliers = $33,000

Explanation:

Given:

Accounts Receivable, Jan 1 = $13,000

Accounts Receivable, Dec 31 = $9,000

Accounts Payable, Jan 1 = $4,000

Accounts Payable Dec. 31 = $7,000

Merchandise Inventory, Jan 1 = $10,000

Merchandise Inventory, Dec. 31 = $15,000

Sales = $56,000

Cost of Goods Sold = $31,000

Now,

Cash Collections from customers

= Accounts Receivable, Jan 1 + Sales - Accounts Receivable, Dec. 31

= $13,000 + $56,000 - $9,000

= $60,000

also,

Purchase

= Merchandise Inventory, Dec. 31 + Cost of Goods Sold - Merchandise Inventory, Jan 1

= $15,000 + $31,000 - $10,000

= $36,000

and,

Cash paid to suppliers

= Accounts Payable, Jan 1 + Purchase - Accounts Payable Dec. 31

= $4,000 + $36,000 - $7,000

= $33,000

8 0

3 years ago

Complete the following sentence. The acronym ADA stand for (tourism)