Answer:
WIP inventory 904.91 debit
Finished goods 67.868,16 debit
COGS 35.239,43 debit
Factory overhead 104,012.5 credit
Explanation:
overhead rate_
642,500 / 514,000 = 1.25
labor cost
190,124 x 1.25 = 237.655 weight 33.88%
360,580 x 1.25 = 450.725 weight 65.25%
10,486 x 1.25 =<u> 13.107,5 </u> weights 0.87%
total overhead 701.487,5
actual overhead 805,500
over-allocated: 104.012,5
we debit all this concepts as they were understated and credit the applied overheas as it was under allocated.
Answer:
Self selection.
Explanation:
Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.
Advertisement refers to the promotional multimedia messages designed and developed to make the products or services of a company known to its customers and potential customers.
In this scenario, advertising relies on self selection.
Answer:
sales budget for January and February are given below
Explanation:
given data
luggage sets = 1700
sell = $180 each
luggage sets = 2050
sell = $180
to find out
sales budget for January and February
solution
Sales Budget
January February
Budgeted luggage sets to be sold 1,700 2,050
Sales price per unit 180 180
total sales 306000 369000
here sale is sold Budgeted luggage × Sales price
The opportunity cost of moving from point B to point C is the 2 units of butter that are given up to gain 1 additional gun.
<h3>What is opportunity cost?</h3>
Opportunity cost is an economic term for expressing cost in terms of foregone alternative. It is something needs to be given up in order to procure something else.
If the production chart is moved from A too B, there will be a decrease in the production.
The opportunity cost by shifting the lines is giving up the items and decreasing what is actually being produced. The decrease results in an opportunity cost - which is what you give up to gain something else.
Therefore, the opportunity cost of moving from point B to point C is the 2 units of butter that are given up to gain 1 additional gun.
Learn more about opportunity cost here : brainly.com/question/1549591
Answer:
Berry, a fruit juice company, uses a well-known cartoon character to promote the company's line of children's products and pays the creator of the cartoon character a fee.
Explanation:
Licencing is referred to as the use of a well known symbol or brand to promote ones own sales. There are several kinds of licencing in the business world for example patents and etc.
In the above example. using a well known cartoon character to promote the company's line of children's products and pays the creator of the cartoon character a fee comes under the licensing category.