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3 years ago

2. The owner of a franchise benefits from brand name recognition, access to professional

Business

1 answer:

GREYUIT [131]3 years ago

7 0

Answer:

True

Explanation:

It is TRUE that the owner of a franchise benefits from brand name recognition, access to professional and nationwide advertising.

This is because the owner of a franchise has various advantages. The advantages include enhanced reputation which covers all the places there is a franchise.

Then there is an increase in management techniques and work practices, including access to national advertising to cover many places and continuous support.

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Comparing ABC and Plantwide overhead Cost Assignments Wellington Chocolate Company uses activity-based costing (ABC). The contro

asambeis [7]

Answer:

$432,000 Setting up equipment ⇒ based on setup hours

$1,440,000 Other overhead ⇒ based on oven hours

product units produced setup hours oven hours

Fudge 8,000 6,400 1,600

Cookies 445,000 1,600 8,000

1) Activity rate:

a) setup hours = total setup costs / total setup hours = $432,000 / 8,000 hours = $54 per setup hour
b) oven hours = total other overhead costs / total oven hours = $1,440,000 / 9,600 hours = $150 per oven hour

2) total overhead assigned to fudge = (6,400 setup hours x $54 per setup hour) + (1,600 oven hours x $150 per oven hour) = $345,600 + $240,000 = $585,600

5 0

3 years ago

What information does a supply schedule provide?

lesya [120]

Answer:

See below

Explanation:

A supply schedule shows the quantities that suppliers are willing to sell in the market at different prices. It is a table format with quantity on one column and prices on another. As per the law of supply, high prices lead suppliers to supply more at the market.

The supply schedule illustrates in a table format the relations between the price and the quantity supplied. It will show how the quantity increase as prices increases. The supply schedule is a tabular representation of the supply curve.

7 0

3 years ago

A company has introduced a process improvement that reduces processing time for each unit, so that output is increased by 25% wt

Oksana_A [137]

Answer:

The productivity increase by 48.83%

Explanation:

old

60 units for 5 workers

5 x $12 = 60

material $16 x 60 = 960

overhead: 60 x 1.6 = 96

total revenue 60 x 31 = 1,860

total cosT: 60 + 960 + 96 = 1,116

productivity index_ 1,860 / 1,116 = 1,667

output 60 + 25% = 75 units

6 workers x $12 = $72

materials $10 x 75 units = $750

overhead: $72 x 1.6 = $115.2

total revneue 75 units x $31 = 2,325

total cost: 75 + 750 + 115.2 = 940.2

productivity index_ 2,325 / 940.2 = 2,4728

percentage of improvement: ( it is calculate like a return on investment)

(2.4728 - 1.667) / 1.667 = 0.4883 = 48.83%

5 0

4 years ago

Which best describes the barrier to trade known as dumping? Destroying shipments of imports to force consumers into purchasing d

Lana71 [14]

Answer: Selling exports abroad at a lower price than the domestic price.

Explanation:

Dumping is a practice in international trade where the country exporting, does so at a price that is lower than the domestic price of the good being exported in the importing country.

This allows the country exporting to gain more market share but can also lead to the collapse of the domestic industry thereby allowing for an export based monopoly to form.

An example would be Japan selling electronics in the U.S. at lower rates to capture market share even though those same electronics commanded a higher price in Japan.

7 0

3 years ago

What do people purchase as a form of risk management to protect themselves from losing a lot of money in the event something hap

MaRussiya [10]

They purchase insurance.

6 0

3 years ago

Read 2 more answers