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3 years ago

Popularity increases a product’s

Business

1 answer:

miskamm [114]3 years ago

6 0

Answer:

life cycle

Explanation:

When a product has been popularized with adverts, people will know d product and will wanna try it out.Once this happens,the product will still be in existence prolonging the life cycle

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Instant Access Services Inc. leases access to high-speed computers to small businesses. It provides the following information fo

Afina-wow [57]

Answer:

a. $21

b. $1,890,000

Explanation:

a. The computation of the predetermined overhead rate is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated computer hours)

= $2,100,000 ÷ 100,000 hours

= $21

b. Now the applied overhead which equals to

= Actual computer hours × predetermined overhead rate

= 90,000 hours × $21

= $1,890,000

5 0

3 years ago

Miranda thinks she is ready to invest in the stock market. What should she do to prepare?

laiz [17]

•Make sure she is financially able to cope if losses are made. Investing in stock markets are risky and the money she put in could be lost so she must make sure she has other savings so she doesn't go in debt/bankrupt.

•Research in order to make an informed choice. She could research types of assets, expert advice, and how the investment would be split.

6 0

3 years ago

Read 2 more answers

Other things equal, if the prices of a firm's variable inputs were to fall: one could not predict how unit costs of production w

Paha777 [63]

The correct option is C) marginal cost, average variable cost, and the average total cost would all fall.

It is correct because if the variable cost falls, it will show its effect on marginal, average variable, and average total costs and eventually these costs will fall. The variable cost is included in the calculation of marginal and total costs. And the average variable cost is derived from total variable cost.

Variable Inputs:

The variable inputs are used in performing the production function. Variable means that can change easily, so, in production, variable inputs fluctuate according to the requirement. Variable inputs include labor, raw material, and other inputs.

Reason for incorrect answers:

Option a) is incorrect because the firm can estimate the per-unit cost after reducing input prices.

Option b) is incorrect because the average fixed does not include variable cost, so it will not fall if the variable cost gets reduced.

Option d) is incorrect because the marginal cost will change according to the change in total cost. And the total cost will fall if the variable cost falls.

Learn more about Marginal cost :

brainly.com/question/3200587

#SPJ4

8 0

2 years ago

During the current period, Department A finished and transferred 50,000 units to Department B. Of the 50,000 units, 20,000 were

antoniya [11.8K]

Answer:

A. $1,615

Explanation:

Provided information,

Total transferred units = 50,000

Opening units = 20,000 which were 1/5 th complete

Equivalent units = 4,000

That means on the remaining 20,000 - 4,000 = 16,000 units full overheads were applied.

30,000 units were started and completed during the month, for which entire overheads will be added.

Newly started = 10,000 units 3/5th complete = 6,000 units completed in closing inventory.

Therefore total equivalent completed units on which overheads applied = 16,000 + 30,000 + 6,000 = 52,000 units

Ending goods in inventory = 10,000 units which are 6,000 equivalent units completed

Total overheads for the month = $14,000

Overheads = $14,000/52,000 = 0.269 per unit

For 6,000 units = $1,615 .38

Therefore correct option is

A. $1,615

8 0

3 years ago

Wheels, Inc. manufactures wheels for bicycles, tricycles, and scooters. For each cost given below, determine if the cost is a pr

diamong [38]

Answer:

a. Metal used for rims: Product - DM- Prime

b. Sales salaries: Period - Selling

c. Rent on factory: Product - MOH - Conversion

d. Wages of assembly workers: Product - DL - Prime - Conversion

e. Salary of production supervisor: Period - Admin

f. Depreciation on office equipment: Period

g. Salary of CEO: Period - Admin

h. Delivery expense: Period - Selling

Explanation:

- Direct materials are those materials and supplies that are consumed during the manufacture of a product, and which are directly identified with that product.

- Direct labor is production or services labor that is assigned to a specific product, cost center, or work order.

- Manufacturing overhead refers to indirect factory-related costs that are incurred when a product is manufactured.

- Period costs are not directly tied to the production process. Overhead or sales, general, and administrative (SG&A) costs are considered period costs. SG&A includes costs of the corporate office, selling, marketing, and the overall administration of company business.

- Product costs are the direct costs involved in producing a product. A manufacturer, for example, would have production costs that include: Direct labor, Raw materials, Manufacturing supplies, Overhead that's directly tied to the production facility such as electricity.

- Prime cost= direct material + direct labor

- Conversion cost= direct labor + MOH

I<u>n this exercise:</u>

a. Metal used for rims: Product - DM- Prime

b. Sales salaries: Period - Selling

c. Rent on factory: Product - MOH - Conversion

d. Wages of assembly workers: Product - DL - Prime - Conversion

e. Salary of production supervisor: Period - Admin

f. Depreciation on office equipment: Period

g. Salary of CEO: Period - Admin

h. Delivery expense: Period - Selling

8 0

3 years ago