Answer:
Over-applied by $70,000
Explanation:
Overhead Rate: Expected overhead / Expected Labor cost
Overhead Rate: $600,000 / $400,000
Overhead Rate: 150% or $1.5 for every $1 cost of labor
Overhead Applied
Actual Labor Cost: $440,000
Overhead Applied: $440,000 * 150%
Overhead Applied: $660,000
Actual Overhead: $590,000
Over-Applied: Applied Overhead - Actual Overhead
Over-Applied: $660,000 - $590,000
Over-Applied: $70,000
Answer:
This statement is describing demand pull inflation.
Explanation:
If the aggregate demand increases the demand curve will shift rightwards. But if the increase in demand is higher than increase in supply this will lead to an increase in the price level. The output level will increase but constant increase in price will cause inflationary pressures. This is referred toa as demand-side inflation.
Answer:
NPV = $-3,383.25
Explanation:
The NPV is the difference between the PV of cash inflows and the PV of cash outflows. A positive NPV implies a good investment decision and a negative figure implies the opposite.
NPV of an investment:
NPV = PV of Cash inflows - PV of cash outflow
PV of cash inflow =
$12,500,
× 1.1535^(-1) + 19,700,
× 1.1535^(-2) + 0× 1.1535^(-3) + 10,400.× 1.1535^(-2) = 31,516.7476
Initial,cost = 34,900
NPV = 31,516.7476 - 34,900 = -3,383.25
NPV = $-3,383.25
Answer:
Yes
Explanation:
Pricing plays an essential role for a product and organisation. At a very basic level, an organisation exists to make profit. A price must cover the cost of a good sold.
Pricing also plays a role in the perception of a product (marketing mix). For example, an Apple product is not cheap because of some perceived value of the product.
Another reason why pricing is integral is in times of competition, it may be worthwhile to use price to take market share from competitors.
Critics of Ansoff's matrix mention that the matrix does not reflect the reality of how businesses grow.
<u>Explanation:</u>
A table form that contains the columns and rows is The Ansoff Matrix. the products and services of any business is included in the column of the matrix. The row of the matrix includes the markets in which the business flourish. is basically a table. Four different categories allow for four combinations. The products of the company may include tow category which many an existing product or new one.
The markets also includes two categories like, the market in which the business already operates and the market in which the business can newly enter. The main critic of this matrix is that, it does not explain the growth of the business in the real environment. It says the business growth only based on the opportunities that are existing in the current situations and opportunities. The future opportunities are not taken for its growth.
