Answer:
Penetration pricing
Explanation:
Is a marketing strategy used by businesses to attract customers to a new service or product. By offering lower price during its initial offering, thats the way they do. The lower price, helps a new producto or service penetrate the market and attract customers .
Answer:
Results are below.
Explanation:
<u>First, we need to allocate overhead:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Allocated MOH= 1.15*10,700= $12,305
<u>Now, we can determine the total manufacturing cost:</u>
Total manufacturing cost= 15,745 + 10,700 + 12,305
Total manufacturing cost= $38,750
<u>Finally, the unitary cost:</u>
Unitary cost= 38,750 / 1,550
Unitary cost= $25
Answer: $20,000
Explanation:
From the question, we are told that Liddy Corp. began constructing a new warehouse for its operations in the current year and that Liddy incurred interest of $10,000 on a working capital loan, and an interest on a construction loan for a warehouse of $70,000. The interest that was computed on the average accumulated expenditures for the warehouse construction was $60,000.
To calculate the amount of interest that Liddy should expense for the year, we add the $10,000 Liddy interest that Liddy incurred on a working capital loan plus the interest on the construction loan for the warehouse of $70,000. We then subtract the expenditure of $60,000 from the value gotten. This will be:
= $10,000 + $70,000 - $60,000
= $20,000
The amount of interest should Liddy expense for the year is $20,000.
Answer:
Total revenue: $46 million
First year costs: $12 million
Estimated first year costs(EFYC): $28 million
Cost to date for the projec (CTD): $12 million
Given this information, the first thing to do is to calculate the percentage % of completion. The formula is stated below.
Percentage of completion ( CTD / EFYC )
CTD / TEC = (12000000/28000000)
CTD / TEC = (42,85%)
Then multiply the Percentage of completion * Total Revenue
42.85%*46.000.000 to obtain the revenue for period 2.
The loss that the company must present in their statements for year 1 is: Loss for period 1 =$12.000.000
A is the correct answer!!