<span>To assess the risk and return involved in a purchase decision, which practical questions should a potential buyer ask?
What can go wrong? </span>What are the alternatives? <span>What is the likely return? </span>Is the risk worth the return?
<span>When assessing a situation where there could be risk to generate a return, make sure that all questions regarding the return vs the risk are asked. It is important to weigh out all options and make the best decision regarding the purchase. The four questions above are practical and important when assessing risk. </span>
It is important for companies to build cooperative and transparent channel systems for moving goods, supplies, and services. Well-known fast food franchises usually set up <u>contractual </u>distribution systems, where members are bound to cooperate through legal agreements.
<h3>What is a distribution system?</h3>
A distribution system can be defined as the channel of distributing goods or product from the manufacturer to end user or from one location to another location.
Hence, Well-known fast food franchises often set up <u>contractual </u>distribution systems in which product distribution are join or combined together by contractual agreement.
Learn more about distribution system here:brainly.com/question/11460602
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Answer:
Debit WIP $57,000
Debit MOH $8,000
Credit raw materials $65,000
Explanation:
With regards to the above,
Indirect material used = $8,000 will be debited to manufacturing overhead [MOH]
Direct materials used =$65,000 - $8,000 = $57,000 hence will be debited to work in process account [WIP]
Raw materials will be credited by $65,000
The correct answer would therefore be;
Dr WIP $57,000
Dr MOH $8,000
Cr raw materials $65,000
Answer:
$34,050
Explanation:
The total job cost consist of the direct and indirect cost (also known as overheads). The direct cost includes the cost of direct materials, direct labour, direct machine hours etc.
While the manufacturing overheads consist of indirect labour cost, depreciation, etc.
Total Direct costs = $10,000 + $13,000
= $23,000
If the allocate manufacturing overhead at 85% of direct labor cost
Manufacturing overheads = 85% × $13,000
= $11,050
The total cost of Job No. 110
= $23,000 + $11,050
= $34,050