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3 years ago

ABC Company listed the following data for the current year:

Business

1 answer:

RideAnS [48]3 years ago

5 0

Answer:

$10,800 underapplied

Explanation:

Calculation for If overhead is applied based on machine hours, the overapplied/underapplied overhead is:

Overhead machine hours=[($1,044,000/24,000)×23,600]-1,037,400

Overhead machine hours=($43.50 x 23,600) - 1,037,400

Overhead machine hours=$1,026,600- 1,037,400

Overhead machine hours= $10,800 underapplied

Therefore If overhead is applied based on machine hours, the overapplied/underapplied overhead is:$10,800 underapplied

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The two fundamental sources of marketing research problems are a. ineffective advertising and change. b. poor sales and ineffect

Alex787 [66]

Answer:

Option c (planned change and unplanned change) is the correct choice.

Explanation:

Marketing research seems to be the sequential as well as analytical assessment, compilation, review, and distribution of knowledge about marketing performance and customer concerns with the specific goal of helping executives in decision-making related to recognizing and solving advertising major challenges.
The challenge regarding marketing research seems to be the assessment of Retailers' advantages and disadvantages. Vis-a-vis certain main competitors as regards factors affecting the profitability including its shop.

3 other alternatives aren't relevant to the subject. So that the option here is just the appropriate one.

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3 years ago

A business's source documents:_____.A. Must be in electronic form. B. Include the ledger. C. Provide objective evidence that a t

harina [27]

C. Provide objective evidence that a transaction has taken place.

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3 years ago

A customer sells short 100 shares of ABC at $35 and buys 1 ABC Jul 35 Call @ $3. The stock falls to $30 and the customer closes

LUCKY_DIMON [66]

Answer:

The answer is $300 gain.

Explanation:

Operations:

Short 100 shares of ABC at $35 each= 100 * 35 = + $3,500
Buy 1 ABC Jul 35 Call @ $3 (one call equals to 100 shares)= 100 * (3) = $(300), accumulated = + 3,500 - 300 = + 3,200
Closes the option contract at $1 = 100 * 1 = + $100, accumulated = + 3,200 + 100 = + 3,300
Buys the stock at the current market price (buys 100 stock @ $30 each)= 100 * (30) = $(3,000), accumulated = + 3,300 - 3,000 = + $300.

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3 years ago

Arena Corp. leased equipment from Bolton Corp. and correctly classified the lease as a finance lease. The present value of the m

nadya68 [22]

Answer:

$1,000,000

Explanation:

The Amount to be reported as lease liability must depict the present value of future cash outflows required to be paid as the entity enjoys its right to use the asset.

Thus, the present value of the minimum lease payments at lease inception was $1,000,000 represents the amount of lease liability.

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3 years ago

A creditor who extends credit to a consumer to purchase a consumer good under a written security agreement obtains a(n) _____ s

devlian [24]

A creditor who extends credit to a consumer to purchase a consumer good under a written security agreement obtains a "purchase money" security interest in the consumer good.

A purchase money security interest (PMSI) is a legitimate claim that enables a lender to repossess property financed with its loan or demand repayment in real money if the borrower defaults. It gives the lender need over other creditors cases.

A PMSI is utilized by some commercial lenders and credit card guarantors just as by retailers who offer financing alternatives.

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3 years ago