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galben [10]
3 years ago
5

Select the correct answer.

Business
1 answer:
Klio2033 [76]3 years ago
5 0
D. Slide transition I believe.
You might be interested in
During the month of April, direct labor cost totaled $9,750 and direct labor cost was 30% of prime cost. If total manufacturing
MatroZZZ [7]

Answer:

manufacturing overhead= $42,000

Explanation:

Giving the following information:

Direct labor= $9,750 (30% of prime costs)

Total manufacturing costs= $74,500

<u>First, we need to determine the direct material costs. We know that prime costs are the sum of direct labor and direct material.</u>

Prime costs= direct labor / 0.3

Prime costs= 9,750 /0.3

Prime costs= $32,500

Direct material= 32,500 - 9,750

Direct material= $22,750

<u>Now, we can calculate the manufacturing overhead:</u>

Total manufacturing costs= direct labor + direct material + manufacturing overhead

74,500 = 9,750 + 22,750 + manufacturing overhead

manufacturing overhead= $42,000

8 0
3 years ago
Product Life Cycle All products pass through a product life cycle of four stages: introduction, growth, maturity, and decline. T
Rudiy27

Answer:

The answer is

                               Introduction stage                     Maturity stage

Product                    Gatorade                                   Crest

Price                          Rusk                                          Airwalk

Promotion                Listerine                                    Sony

Place                         Merck                                        Domino's

Explanation:

                               Introduction stage                     Maturity stage

Product                    Gatorade                                   Crest

Price                          Rusk                                          Airwalk

Promotion                Listerine                                    Sony

Place                         Merck                                        Domino's

A marketing mix is a combination of factors that can be controlled by a company to influence its existing customers and potential customers to buy its products.

The above chart explains the marketing mix of the companies and its stages in product, price, promotion and place.

3 0
3 years ago
Global Marine obtained a charter from the state in January that authorized 1,000,000 shares of common stock, $5 par value. Durin
hjlf

Answer:

Global Marine

a. Indication of the accounts and amounts for each transaction:

a. Cash $5,500,000 Common stock $500,000 Additional Paid-in Capital $5,000,000

b. Treasury stock $125,000 Additional Paid-in Capital $1,125,000 Cash $1,250,000

c. Cash $510,000 Treasury stock $50,000 Additional Paid-in Capital $460,000

d. Cash $490,000 Treasury stock $50,000 Additional Paid-in Capital $440,000

b. Journal Entries:

a. Debit Cash $5,500,000

Credit Common stock $500,000

Credit Additional Paid-in Capital $5,000,000

To record the issuance of 100,000 shares of the common stock at $55 cash per share.

b. Debit Treasury stock $125,000

Debit Additional Paid-in Capital $1,125,000

Credit Cash $1,250,000

To record the repurchase of 25,000 shares at $50 cash per share.

c. Debit Cash $510,000

Credit Treasury stock $50,000

Credit Additional Paid-in Capital $460,000

To record the re-issuance of 10,000 shares from treasury for $51 per share.

d. Debit Cash $490,000

Credit Treasury stock $50,000

Credit Additional Paid-in Capital $440,000

To record the re-issuance of 10,000 shares from treasury for $49 per share.

Explanation:

a) Data and Calculations:

Authorized common stock shares, 1,000,000 at $5 par value

Net income earned during the year = $400,000

Selected transactions:

a. Cash $5,500,000 Common stock $500,000 Additional Paid-in Capital $5,000,000

100,000 shares of the common stock at $55 cash per share.

b. Treasury stock $125,000 Additional Paid-in Capital $1,125,000 Cash $1,250,000

25,000 shares at $50 cash per share.

c. Cash $510,000 Treasury stock $50,000 Additional Paid-in Capital $460,000

10,000 shares from treasury for $51 per share.

d. Cash $490,000 Treasury stock $50,000 Additional Paid-in Capital $440,000

10,000 shares from treasury for $49 per share.

8 0
3 years ago
Tri-coat Paints has a current market value of $50 per share with earnings of $5.97. What is the present value of its growth oppo
Gnesinka [82]

Answer: $0.25

Explanation:

Fron the question, we are informed that Tri-coat Paints has a current market value of $50 per share with earnings of $5.97. We are further told that the required return is 12%.

The present value of its growth opportunities (PVGO) will be:

= $50 - ($5.97/12%)

= $50 - ($5.97/0.12)

= $50 - $49.75

= $0.25

Therefore, the present value of its growth opportunities (PVGO) if the required return is 12% is $0.25.

6 0
2 years ago
If a finance lease contains a bargain purchase option, the lessee should amortize the leased asset: Multiple Choice Over the ter
Finger [1]

Answer:

Over the economic life of the asset.

Explanation:

An asset obtained under a financial lease must be depreciated in the same way as the company would depreciate any other similar fixed asset. E.g. a leased truck should be depreciated similarly to other trucks owned by the company.

In a financial lease, the lessor amortizes the asset's value, while the lessee depreciates the assets as common fixed assets (a lessee doesn't amortize).

3 0
3 years ago
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