Answer:
d. In the following year using a half-year convention
Explanation:
Since the mechine will only be in service in January of the following year, The corporation cost recovery should begin in the following year using a half year convention.
The costs of direct materials, direct labor, and overhead for partially completed products are known as total manufacturing costs.
Direct material costs are the costs of raw materials and parts used to manufacture products. The materials must be clearly identifiable in the resulting product (otherwise they are considered community costs). Direct material costs are one of the few variable costs associated with the production process.
Therefore, it is used to derive the throughput from the production process. The throughput is the revenue minus all fully variable costs. Examples of direct materials include wood used to build houses, automobile steel, radio circuit boards, and fabrics used to assemble garments.
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Answer:
An opportunity cost
Explanation:
The opportunity cost is the cost where the loss occurs from the benefit could have been enjoyed in the case when the best alternative choice was selected Since in the question it is mentioned that the company operating at a capacity and than lose revenue from the regular customers so it is an opportunity cost
Answer:
The correct answer is: 13,3%.
Explanation:
A company's market share is the percentage of the total market for its products that it controls. Companies that increase their market share enjoy a competitive advantage. They receive better prices from suppliers and they are able to produce goods faster.
Thus, Levon's family business market share is:
- Market share = Units sold by one company / Total units sold in the market
- Market share = 266 / 2000
- Market share = 13,3%
