Which of the following is important in determining the extent of competition in an industry?

20 out of 45 men surveyed liked beef. What percentage of men did NOT like beef? (Round up to nearest %.)

Juliette [100K]

I'm not a mathematician but I'm going to go out on a limb here and say 44%!

6 0

3 years ago

Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The

dlinn [17]

Answer:

Selling price= 240*1.4= $336

Explanation:

First, we need to calculate the predetermined overhead rate:

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

Predetermined manufacturing overhead rate= (252,000/30,000) + 2.1

Predetermined manufacturing overhead rate= $10.5 per machine hour

Job T687:

Number of units in the job 10

Total machine-hours 30

Direct materials $ 675

Direct labor cost $1,050

Now, we need to allocate overhead and determine the total cost:

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

Allocated MOH= 10.5*30= $315

Total cost= 675 + 1,050 + 315= $2,040

Finally, the unitary cost and selling price:

Unitary cost= 2,040/10= $240

Selling price= 240*1.4= $336

3 0

3 years ago

What are extension strategies?

sergeinik [125]

Answer:

Below:

Explanation:

An extension strategy is a practice used to increase the market share for a given product or service and thus keep it in the maturity phase of the marketing product lifecycle rather than going into decline. Extension strategies include rebranding, price discounting and seeking new markets.

Hope it helps...

It’s Muska..≧◔◡◔≦

8 0

2 years ago

Read 2 more answers

Admire County Bank agrees to lend Givens Brick Company $600,000 on January 1. Givens Brick Company signs a $600,000, 8%, 9-month

zheka24 [161]

Answer:

The journal entry which is to be reported on January 1 is shown below:

Explanation:

The journal entry which is to be reported on January 1 for the issuance is as:

On January 1

Cash A/c............................Dr $600,000

Notes Payable A/c..........Cr $600,000

Being the issuance as well as proceeds of the note is recorded

On January 1, the company issues as well as proceeds the note, so, the cash account is debited as the cash is increasing and any increase in asset is debited. Therefore, the cash account is debited. And the note will become payable, which lead to increase in liability and any increase in liability is credited. So, the notes payable is credited

3 0

3 years ago

Deitz Corporation is projecting a cash balance of $32,400 in its December 31, 2019, balance sheet. Deitz's schedule of expected

Anna71 [15]

Answer:

Dietz corporation cash budget for the first quarter

Total Receipts :

Collections from Customers $199,800

Receipts from Sale of Equipment $3,240

$203,040

Total Payments :

Direct materials $46,440

Direct labor $75,600

Manufacturing overhead $37,800

Selling and administrative expenses $48,600

Purchase of securities $15,120

$223,560

Net Receipts/(Payments) ($20,520)

Opening Balance $32,400

Closing Balance $11,880

Required Balance $27,000

Loan (Shortfall) $15,120

Explanation:

A cash Budget shows the future estimate of future cash incomes and cash expenditures.

3 0

3 years ago