Answer:
This leads to a reduction in net income
Explanation:
Manufacturing overheads refer to those costs which indirectly relate to a good's production. Examples of manufacturing overheads would include depreciation charged on equipments used for production, rent of the factory wherein production takes place.
The effect of recognition of $400 of estimated manufacturing overheads would be reduction in net income since their recognition raises the cost of production which reduces gross profit. Consequently this would reduce the net income.
Answer:
$27,720
Explanation:
The computation of the interest expense
= Principal amount × rate of interest × number of months ÷ (total number of months in a year)
= $198,000 × 14% × (12 months ÷ 12 months)
= $27,720
Basically we applied the simple interest formula to determine the interest expense and the borrowed amount is taken on January 1, 2018 and the interest expense should be reported on December 31, 2018 that comprises of 12 months
Answer: $50,000
Explanation:
The maximum amount the insurance company will pay is $25,000 per person with a topmost of $50,000 per accident for all persons. Peradventure one is involved in an accident and someone is injured, your liability coverage is part of your automobile insurance and will pay for their injuries.
Answer:
The correct answer is B. They work to solve a particular problem.
Explanation:
A project and development team is form to solve a particular problem and the members usually belong to different groups, have different functions and are assigned by the project manager to activities for the same project.
Answer: A Multi-Domestic
Explanation:
A MULTI-DOMESTIC strategy is a decentralized marketing strategy used by companies that are international to expand their market base in a country by encouraging local branches to establish their own marketing strategies that would cater for the country's unique needs, cultures, traditions and preferences.
Like Coca Cola in Iran for example will not have ads of women in bikinis being chilled by a cold Coca Cola bottle in the hot sun because that would go against codes of modesty in Iran.