Answer:
The correct answer is B,C,D,E
Explanation:
The basic activities of marketing consists of the following;
Marketing research and target market analysis, cost/benefit analysis, benchmarking - a process of measuring a business's performance and standard against competitors and rivals and thus conducive to winning in the marketplace, and Pricing, distribution, and human resource management (HRM).
Customer analysis, selling products and services, and product and service planning are also basic activities of marketing.
Answer: $4,950
Explanation:
If the company is using the First In First Out method for Inventory valuation then the earlier inventory is sold off first which would mean that the inventory at year end will be the more recent inventory.
The 25 units at the end of the year will be the most recent units purchased and so will be;
20 units from the third purchase
5 units from the 2nd purchase
Inventory value = (20 * 195) + ( 5 * 210)
= $4,950
<em>The options are not for this question. </em>
The answer is the second one. Negotiation is a procedure where at least two gatherings with various needs and objectives talk about an issue to discover a commonly adequate arrangement. In business, arrangement abilities are imperative for both casual everyday cooperations and formal exchanges, for example, arranging states of the offer, rent, benefit conveyance, and other legitimate contracts.
Answer:
1.Predetermined overhead allocation rate = $2.10 per Machine Hour
2.Overhead allocated = $10,605
Explanation:
1. Predetermined overhead allocation rate
using
Estimated manufacturing overhead costs / Estimated Machine Hours = Predetermined overhead allocation rate
=<u>$9,450</u> / <u>4,500 Machine Hours</u> = $2.10 per machine hour
Therefore,
Predetermined overhead allocation rate = $2.10 per Machine Hour
2. Manufacturing overhead allocated during the year
Actual Machine Hours Used x Predetermined overhead allocation rate = Overhead allocated
<u>5,050 machine hours</u> x <u>$2.10 per Machine Hour </u>=<u> $10,605
</u>
Therefore,
Overhead allocated = $10,605
Answer:
a) $2498.6
b) No
Explanation:
Given that:
Deductible = $850
Medical cost for treatment = $9,093
Policy deductible percentage = 80% = 0.8
a)
Coinsurance = (Medical cost for treatment - deductible) x (1 - policy deductible percentage)
Substituting values:
Coinsurance = ($9093 - $850) x (1 - 0.8) = $8243 x 0.2 = $1648.6
The total amount Becky would pay under the current policy = Deductible + Coinsurance = $850 + $1648.6 = $2498.6
b) No, since beck paid $2498.6 instead of a policy of $4000, she saved $1501.4 (i.e $4000 - $2498.6)
