Answer:
a contractual arrangement between a parent company and another entity that is allowed to operate a business under an established name.
Explanation:
Franchise is a license consisting of a contractual arrangement between a parent company and another, that allows individuals or an organization access to its knowledge, processes, trademarks in order to provide a service.
One of the main advantages of a franchise is that, franchisers such as McDonald do not require additional capital and development expenses to have their businesses being situated in a foreign market or country, as they only required to issue licenses to franchisors who are interested in being part of their business by paying a fee.
Hence, franchise is a license that allows individuals or group of people knowledge, processes, trademarks to provide a service.
In conclusion, franchising involves a contractual arrangement between a parent company and another entity that is allowed to operate a business under an established name
Answer:
1. $60,000
2. $30,000
3. $20,000
Explanation:
1. How much of the raw materials cost would be added to the Work in Process Inventory account during the period?
The amount to add add to the Work in Process Inventory account during the period is the direct material used calculated as follows:
Direct raw materials used = Materials requisition 1445 For Job 101 + Materials requisition 1446 For Job 102 = $25,000 + $35,000 = $60,000
2. How much of the raw materials costs would be added to the Manufacturing Overhead account?
Manufacturing overhead refers to all indirect costs that are incurred during the production process. Therefore, the raw materials costs that would be added to the Manufacturing Overhead account is the indirect materials used on multiple jobs.
Therefore, we have:
Amount to add to the Manufacturing Overhead account = Indirect materials used = $30,000
3. Compute the ending balance in the Raw Materials Inventory account.
Ending raw materials balance = Beginning raw materials + Purchases of raw materials - Direct raw materials used - Indirect materials used = $20,000 + $90,000 - $60,00 - $30,000 = $20,000
Answer:
The estimated overhead cost if 225 direct labor hours are expected to be used in the upcoming period is $9,882.11
Explanation:
In order to calculate the estimated overhead cost if 225 direct labor hours are expected to be used in the upcoming period we would have to make the following calculation:
Cost for 225 direct labor hours = Intercept + Slope*225
Cost for 225 direct labor hours=$596.36+ ($41.27*225)
Cost for 225 direct labor hours=$9,882.11
The estimated overhead cost if 225 direct labor hours are expected to be used in the upcoming period is $9,882.11
Although the customer is unquestionably the cornerstone to a successful organization, client centricity has several drawbacks, ranging from financial to innovation-related areas.
The drawabacks can be listed as:
Businesses create customer-focused policies in an effort to impress and keep consumers, but doing so can be expensive and may not be financially prudent.
- <u>Not every customer is equivalent!</u>
Although the customer is always right, not all customers are suitable for your company. So, building just a customer based approach can harm your business.
- <u>Customers are unsure too!</u>
Many marketers feel that if a company is consumer-focused, it will learn what the clientele truly desires and prosper.
While it's crucial for businesses to pay attention to their customers, they also need to know when to shift their attention away from them.
- <u>Love the Customer, but Don't Expect Love in Return</u>
According to conventional knowledge, clients are more loyal to companies that go above and beyond their expectations; nonetheless, your customers may betray you in order to get the cheap, satisfying solutions they actually desire.
To know more about the topic, refer to:
brainly.com/question/20935329
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So you start with a 88.1%.
Here is how I figure it...
If you get a 15 out of 15 on an assignment, that would be a 100% for your assignment grade.
You take 100% and add it to your 88.1% and you get 188.1%. That doesn't seem reasonable for a grade though does it...
So you take that 188.1% and you divide it by 2 (divide it in half) and you get 94.05%.
So if you get 15 out of 15 on your assignment your grade will go up to a 94.05% as I figure.
Word problem:
15 out of 15= 100%+88.1%= 188.1%÷2= 94.05%
Your final grade as I figure would be a <em><u>94.05%</u></em>
