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expeople1 [14]
3 years ago
6

Inventory records for Marvin Company revealed the following:

Business
1 answer:
motikmotik3 years ago
8 0
"8.60" (and any subsequent words) was ignored because we limit queries to 32 words.
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Jennifer Company has two products: A and B. The company uses activity-based costing. The estimated total cost and expected activ
olya-2409 [2.1K]

Answer:

B) = $38.44

Explanation:

<em>Activity-based costing is a form of absorption costing where overheads are charged to product using cost drivers. Under this method, overheads are first analyzed and categorized by the activities responsible for them and then charged to product based on the amount of benefits enjoyed using cost drivers.</em>

Activity rate is calculated as:

<em>Activity cost for the period / Total cost drivers for the period</em>

<u><em>Activity rate for supporting customers:</em></u>

<em>The appropriate cost driver to allocate supporting customer activity is the number of customers as given.  This is so because it is most likely that the number of customers served will be a major factor that influences the supporting customers activity costs. </em>

<u><em>Activity rate for supporting customers </em></u>

= Supporting customers overhead/total number of customers

= $34,600/(600+300)

= $38.44

5 0
3 years ago
When there is more choice for proceducers and consumers, that is a Command Economy.
yaroslaw [1]
Correct Answer: False
7 0
3 years ago
A stock has a beta of 1.12 and an expected return of 10.8 percent. A risk-free asset currently earns 2.7 percent. a. What is the
love history [14]

Answer:

6.75%

Explanation:

Data provided in the question:

Beta of the stock = 1.12

Expected return = 10.8% = 0.108

Return of risk free asset = 2.7% = 0.027

Now,

Since it is equally invested in two assets

Therefore,

both will have equal weight = \frac{1}{2} = 0.5

Thus,

Expected return on a portfolio = ∑(Weight × Return)

= [ 0.5 × 10.8% ] + [ 0.5 × 2.7% ]

= 5.4% + 1.35%

= 6.75%

8 0
3 years ago
This marketing strategy involves marketing products that are similar to ones already on the market and are in-line with cultural
kari74 [83]

Answer:

B, Cultural congruence

Explanation:

Cultural congruence is a kind of marketing technique/strategy in which a new product with similar characteristics as with the currently existing product is marketed. This technique of marketing helps to reduce resistance as consumers see the new product as the same as the existing product.

I hope this helps.

6 0
3 years ago
The demand curve of a monopolistically competitive firm is _________________ than that of a perfectly competitive firm. g
Hitman42 [59]
Downward sloping ; more elastic.
7 0
3 years ago
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