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djyliett [7]
2 years ago
8

Seemore Company manufactures binoculars. The actual costs for 2013 and 2014 were as follows: 2013 2014 Direct materials: Plastic

case $ 8.00 $ 7.60 Lens set 34.00 34.40 Direct labor 64.00 (1.6 hours) 60.00 (1.5 hours) Indirect manufacturing costs: Variable 16.00 14.20 Fixed 4.00 (100,000 units) 3.80 (120,000 units) Beginning in 2014, Seemore implemented a continuous improvement program that required a first-year cost reduction target of a 7 percent reduction of the 2013 base. Seemore's continuous improvement target for direct labor in 2014 was:
Business
1 answer:
Alinara [238K]2 years ago
3 0

Answer:

$7.07

Explanation:

Calculation to determine what Seemore's continuous improvement target for direct labor in 2014 was:

2014 Continuous improvement target for direct labor=$ 7.60 – ($ 7.60 × 0.07)

2014 Continuous improvement target for direct labor=$ 7.60 -$0.532

2014 Continuous improvement target for direct labor= $7.07

Therefore Seemore's continuous improvement target for direct labor in 2014 was: $7.07

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There are 3 credit reporting companies
5 0
2 years ago
Concord Corporation has gathered the following information concerning one model of shoe: Variable manufacturing costs $30000 Var
avanturin [10]

Answer:

Option (c) is correct.

Explanation:

Variable manufacturing costs = $30000

Variable selling and administrative costs = $14000

Fixed manufacturing costs = $160000

Fixed selling and administrative costs = $120000

Investment = $1700000

ROI = 50%

Planned production and sales = 5000 pairs

ROI = Investment Value × ROI Rate

       = $1,700,000 × 50%

       = $850,000

Desired ROI per Pair of Shoes :-

= ROI ÷ Planned production and sales

= $850,000 ÷ 5000  pairs

= $170

3 0
3 years ago
The organizations likely to benefit the most from the global reach of e-commerce are those that:.
timofeeve [1]

The organizations likely to help the most from the global reach of e-commerce exist those that: formerly depended on foot traffic into one physical store to sell their products.

<h3>What is e-commerce?</h3>

E-commerce (electronic commerce) stands for the buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, especially the internet. These business transactions happen either as business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer, or consumer-to-business. E-commerce exists in the action of electronically buying or selling products on online services or over the Internet. Ecommerce can be described as the buying and selling of goods electronically online. It is prevalent because of the many advantages of e-business -internet commerce, electronic funds transfer, mobile commerce – this exists broken up into two parts.

Global Reach guides a business initiative to improve the access between a company and their current and potential customers via the usage of the Internet. The organizations likely to help the most from the global reach of e-commerce exist those that: formerly depended on foot traffic into one physical store to sell their products.

To learn more about e-commerce refer to:

brainly.com/question/23369154

#SPJ4

4 0
2 years ago
A blue ocean type of offensive strategy: Select one: a. Refers to initiatives by a market leader to steal customers away from un
frez [133]

Answer: A blue ocean type of offensive strategy involves abandoning efforts to beat competitors in existing markets but instead invest a new market segment or industry whereby existing competitors are irrelevant and one which allows a company to create and capture nee demand (Option C)

Explanation:

Blue ocean strategy is the pursuit of differentiation and low cost by firms in order to create a new market space and demand. Blue ocean strategy is about the creation and making use of uncontested market space, which therefore makes competition irrelevant.

Blue ocean strategy are used for industries that are not in existence today, industries that tap the unknown market space and are untainted by competition. The blue oceans gives room for growth as demand is created and not fought for. A blue ocean strategy describes the wider potential and benefits to be enjoyed when an unexplored market is explore.

3 0
3 years ago
Read 2 more answers
Two methods of accounting for uncollectible accounts are the
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Answer:

Correct option is (d)

Explanation:

An account is termed uncollectible if they are not expected to be paid. There are two methods to write off these accounts:

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2. Allowance method: Under this method, a provision for doubtful debt is created where anticipated bad debts are charged. When an account needs to be written off, doubtful debt is debited and accounts receivables are credited.

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