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3 years ago

When sport/event organizations seek sponsors who will exploit the sponsorship, what benefit are they seeking to gain?

1 answer:

5 0

Answer: they want to generate more income from doing so, the greater the allowance the more income they will generate for the event they intend holding.

Explanation:

Exploiting of sponsorship would be described as allowing a sponsor to utilize every opportunity in the event to promote their brand.

When event organizers look out for sponsors who would handle their event and allow them explore it, it'll mean they want to generate more income from doing so, the greater the allowance the more income they will generate for the event they intend holding. For them to allow a particular brand to exploit the event would mean that brand would virtually take care of all expenses for the event since it'll be the face the audience would see when they come to the event. It is a way of generating more income for events.

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Dallas Company uses a job order costing system. The company's executives estimated that direct labor would be $3,750,000 (250,00

Zepler [3.9K]

Answer:

Allocated overhead= $1,430,600

Explanation:

Giving the following information:

The company's executives estimated that direct labor would be $3,750,000 (250,000 hours at $15/hour) and that factory overhead would be $1,550,000 for the current period.

The records show that there had been 230,000 hours of direct labor.

Using direct labor hours as a base.

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

Predetermined overhead rate= 1555000/250000= $6.22 per hour

Allocated overhead= Predetermined overhead rate*actual hours= 6.22* 230000= $1,430,600

7 0

3 years ago

Suppose that consumer spending initially rises by $5 billion for every 1 percent rise in household wealth and that investment sp

Ivan

It will rise $80 billion if the household wealth falls by 4 percent.

3 0

3 years ago

Compare the concept of a modern supply chain with more traditional distribution channels. Be specific regarding similarities and

Rus_ich [418]

Answer:

The answer to the following question is given below :

Explanation:

The typical model of production was structured to meet the challenges and bring benefits. With new capacity and operating results, the supply chain has become progressively more competitive and efficient.
The modern supply chain is tailored to meet evolving customer needs. Freight capacity and administrative performance have become more reliable and cost-effective. Supply chain structures can supply the goods at exact times.

6 0

3 years ago

Copper Corporation owns stock in Bronze Corporation and has net operating income of $900,000 for the year. Bronze Corporation pa

kow [346]

Answer:

C) $120,000

Explanation:

Since Copper corporation owns 65% of Bronze Corporation, its dividends received deduction (DRD) is 80% of the dividends received.

stake at another corporation is less than 20%, DRD = 70%
stake at another corporation is between 20% to 80%, DRD = 80% (Copper's case)
stake at another corporation is higher than 80%, DRD = 100%

Therefore, if Copper received $150,000 in dividends from Bronze, it can deduct 80% of that amount = 80% x $150,000 = $120,000

8 0

3 years ago

Tony’s Market recorded the following events involving a recent purchase of inventory: Received goods for $80,000, terms 2/10, n/

kap26 [50]

Answer:

Correct option is D

Answer is increased by $ 77232

Explanation:

Effect on Inventory:

Increase due to purchase $80000

Decrease due to return -$1600

Increase for freight paid $400

Decrease for discouont availed -$1568 (78400*2%)

<u>Net Increase in Inventor =$77,232</u>

4 0

3 years ago