Samsung innovations have proven to be successful supported by statistical data.

Mary, Susan, and Sarah are running a beach boutique on the board walk of Ocean City. Their favorite product is a red lifeguard h

Fofino [41]

Answer:

358.33 times

Explanation:

The computation of the simple forecast combination is shown below:

= (Forecast sales done by Mary + Forecast sales done by Susan + Forecast sales done by Sarah) ÷ (Total number of observations)

= (341 + 535 + 199) ÷ (3)

= (1,075) ÷ (3)

= 358.33 times

We simply divided the total sales forecasted done by each one by the total number of observations

8 0

3 years ago

An agreement to exchange dollar bank deposits for euro bank deposits in one month is a:_________

koban [17]

An agreement to exchange dollar bank deposits for euro bank deposits in one month is a forward transaction.

<h3>What is a forward contract?</h3>

A tailored agreement between two parties to purchase or sell an item at a predetermined price at a later date is known as a forward contract. Although its non-standardized nature makes it particularly suitable for hedging, a forward contract can be utilized for speculating or hedging.

A forward contract can be tailored to a commodity, amount, and delivery date, unlike typical futures contracts. Grain, precious metals, natural gas, oil, and even chicken are examples of traded commodities. Settlement of a forward contract may take place in cash or by delivery.

Forward contracts are categorized as over-the-counter (OTC) instruments because they are not traded on a centralized exchange. While the OTC nature of these products makes it simpler to adjust terms, the absence of a centralized clearinghouse also increases the chance of default.

Thus, it is a forward transaction that is used to exchange dollar bank deposits for euro bank deposits in one month.

For more information on Forward Transaction, refer to the given link:

brainly.com/question/28238316

#SPJ4

8 0

1 year ago

How do Government price ceilings and price floors affect the economy? Select all that apply.

serg [7]

The following options are correct: A, B AND C.
Price ceiling and price floor are two price control methods which the government used to control price. Price ceiling is used to prevent prices from been too low while price floor is lowest price a commodity can be sold for .

7 0

3 years ago

4.The following information is available for Lock-Tite Company, which produces special-order security products and uses a job or

mojhsa [17]

Answer:

The overview of the problem is listed throughout the section below on explanation.

Explanation:

The Journal entry is given below:

No Transaction General journal Debit($) Credit($)

1 1 Overhead of factory 120000

Some other accounts 120000

2 2 Process inventory's work 185500

$(345000-80000)\times 70 \ percent$

Overhead of a factory 185500

8 0

3 years ago

applied vs. actual manufacturing overhead davis manufacturing corporation applies manufacturing overhead on the basis of 150% of

Mashcka [7]

Answer:

Subapplication of 22,500

journal entry:

WIP 4,500 debit

finished goods 2,250 debit

COGS 15,750 debit

factory overhead 22,500 credit

Explanation:

Direct Labor cost during the year:

60,000 + 30,000 + 210,000 = 300,000 direct labor

Applied overhead:

cost driver x predetermined rate

300,000 x 150% = 450,000

Actual overhead: 472,500

Subapplication of 22,500

as this is a significant amount we must adjust the WIP inventory, cost of goods sold and fnished goods inventory

to know the adjustment on each account we calcualte each account percentage:

300,000 --> 22,500

60,000 --> 60,000/300,000 x 22,500 = 4,500 endingWIP

30,000 --> 30,000/300,000 x 22,500 = 2,250 finished goods

210,000--> 210,000/300,000 x 22,500 = 15,750 COGS

we do the adjuting entry to increase overhead and transfer into each concept

8 0

3 years ago