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Ksenya-84 [330]

3 years ago

15

The process by which ANZ bank's internal job descriptions are matched to external jobs with similar responsibilities to identify

the market rate for each position is known as:

1 answer:

tekilochka [14]3 years ago

8 0

Answer:

Um sorry Where's the answer?

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1. Firms pursuing a cost-leadership strategy seek to ________.

gtnhenbr [62]

Answer:

1. gain a higher market share.

2. inversely proportional to each other.

Explanation:

1. By producing a product at a lower price than the competitors a company will be at an advantage and will be providing same product at a lower price. The customer will definitely go with a low price item if two items are same in value.

2. As value creation requires cost so if the cost is reduced then some of the features will have to be foregone to achieve low cost.

5 0

3 years ago

Allison's Auto Art is a company that applios pinstripes to vehicles. Allison's cost for a basic 1 -color pinstriping job is $35,

valkas [14]

Answer:

C. yes, she still makes a profit by selling the 3-color application.

Explanation:

As for the information provided,

Cost for 1 color pin striping job = $35

Cost for three color pin striping job accordingly = $35 $\times$ 3 = $105

Price charged for pin striping is as follows:

For 1 color = $95

For 3 colors = $175

Even on 3 color striping there is a profit of $70, thus, it should be sold.

As there is no loss, although the profit margin is decreased as a percentage of cost when compare to margin on 1 color pin striping.

Thus, correct option is Statement C.

3 0

3 years ago

Moody Corporation uses a job-order costing system with a plantwide overhead rate based on machine-hours. At the beginning of the

slava [35]

Answer:

1) Predetermined overhead rate= $8.88 per machine hour

2) Total Manufacturing Costs = $ 929.66

3a)Underapplied overhead for the year= $ 5500

3-b) If the overhead is underapplied and it is corrected by increasing Cost of Goods Sold so it reduces net income.

Explanation:

Moody Corporation

Machine-hours required to support estimated production 156,000

Fixed manufacturing overhead cost $652,000

Variable manufacturing overhead cost per machine-hour $4.70

Variable manufacturing overhead=$4.70* 156,000 = $ 733,200

Predetermined overhead rate= Total Overhead Costs/ Direct Labor Hours

1) Predetermined overhead rate= $652,000 +$ 733,200/ 156,000 = $8.88 per machine hour

Job 400

Direct materials requisitioned $400

Direct labor cost $210

Machine-hours used 36

Manufacturing Overhead = $ 8.88 * 36= $ 319.66

2) Total Manufacturing Costs = $ 929.66

3) Actual manufacturing overhead costs $1,301,980

Total machine-hours on all jobs 146,000

Predetermined overhead rate= $8.88 per machine hour

Applied manufacturing overhead costs= 146000* 8.88= $ 1296480

Actual Overhead- Applied Overhead= $1,301,980-$ 1296480= $5500

3-a)Underapplied overhead for the year= $ 5500

3-b) If the overhead is underapplied and it is corrected by increasing Cost of Goods Sold so it reduces net income. Similarly If the overhead is Overapplied and it is corrected by decreasing Cost of Goods Sold so it increases net income

3 0

3 years ago

If the company you are working for has a published handbook that describes performance appraisal procedures, the courts in most

maria [59]

As the Binding Contract. The meaning of an agreement is a legitimately authoritative, and enforceable by law, an assertion made between at least two gatherings. In instances of the question when the gatherings are contending whether an agreement or essentials of it, have been broken, it might be required to take the case under the steady gaze of the courts.

6 0

3 years ago

Shannon Corp. uses the aging method to account for bad debt expense. Shannon determines that a customer account of $10,000 shoul

lozanna [386]

Answer:

The write off of the account should include a debit to the allowance for uncollectible accounts, and a credit for bad debt expense:

Account Debit Credit

Bad Debt Expense $10,000

Allowance for Uncollectible

Accounts $10,000

This is because under the aging method, when an account is actually written-off, it must be charged against the bad debt expense that was forecasted or anticipated earlier.

6 0

3 years ago