That last customer sure had a strong drawl

According to the product life cycle model, profits tend to: remain relatively constant until the decline stage, when they begin

Oduvanchick [21]

Answer:

Profit peak before sales reach their highest level

Explanation:

product life cycle is the transition of a product through the four stages of Introductory , Growth , maturity and decline stages.

The product manifest different attributes on attaining each of the listed stages.

Peculiar to the decline stage is continuous fall in sales volume which leads to drop in profit or even losses as the company struggles to work things out.

Before the decline stage is the growth stage , This is the level where sales increase rapidly and the profit attain its peak before it begins to decline due to fall in sales that is experienced at the decline stage

8 0

3 years ago

Presented below are incomplete manufacturing cost data.

Usimov [2.4K]

Answer and Explanation:

The computation of the missing amount is as follows

As we know that

Total manufacturing costs is

= Direct materials cost + Direct labor cost + Factory overhead cost

And,

Cost of goods manufactured is

= Total manufacturing costs + Beginning work in process - ending work in process

Based on this, the calculation is as follows

 Direct materials Direct labor Factory Total

 overhead manufacturing costs 

1. $44,000 $62,200 $51,100 $157,300

2. $78,500 $77,500 $144,000 $300,000

3. $58,600 $138,400 $114,000 $311,000

Now

Total Manufacturing Costs Beg. Work End. Work Cost of Goods

in Process in Process Manufactured

1. $157,300 $122,000 $85,200 $194,100

2. $300,000 $123,400 $99,800 $323,600

3. $311,000 $465,000 $57,000 $719,000

4 0

3 years ago

While specialization allows firms to produce many goods and services at lower production and transaction costs than individuals

stich3 [128]

Answer:

Technological advances such as computers, crock pots, and bread makers have increased household's efficiency in producing many goods.

Explanation:

With the advances in technology, almost every process has become less time-consuming and more convenient. Most people go for one one-time solution for getting the job done. For example, a lot of households have invested in specialized machinery such as bread makers, juicers, etc so they don't have to outsource simplest of things. Moreover, this is less costly as getting things done from elsewhere involves taxes.

5 0

3 years ago

On July 7, University Bank lent $560,000 to Jazz Music Shop on a 60 day, 7% note. What is the maturity value of the note? (U

mr Goodwill [35]

Answer: The maturity value of the note is $5,66,533.

We can arrive at the answer with the steps below:

The formula we use to calculate Maturity Value is:

$Maturity Value = Principal * ( 1+ (Rate * Time))$

In this question,

Principal = $560,000

Interest = 7% per year

Time period = 60 days.

Number of days in a year = 360 days (given in the question).

Substituting the value of the time period calculated above in the Maturity Value formula we have:

Maturity Value = $560,000 × (1+(0.07×60/360))

Maturity Value = $560,000 × (1+(0.07×1/6))

Maturity Value = $560,000 × 1.011666667

Maturity Value = $566533.3333

6 0

4 years ago

Brown Corporation uses a job-order costing system with a single plant-wide predetermined overhead rate based on machine-hours. T

asambeis [7]

Answer:

See below

Explanation:

With regards to the above, first we need to compute the fixed manufacturing overhead.

Fixed manufacturing overhead

= Total fixed manufacturing overhead ÷ Total machine hours

= $344,000 ÷ 40,000

= $8.6 per machine hour

Calculation of overhead applied to Job M759

Variable manufacturing overhead

= 60 machine hours × $3.9

= $234

Fixed manufacturing overhead

= 60 machine hours × $8.6

= $516

Therefore, total overhead applied to job M759 is $750

8 0

3 years ago

That last customer sure had a strong drawl​

That last customer sure had a strong drawl