Answer:
Over/under allocation= $30,000 overapplied
Explanation:
Giving the following information:
Manufacturing overhead applied $150,000
The actual amount of manufacturing overhead costs 120,000
To calculate the ending balance, we need to determine whether the overhead was under or over applied:
Over/under allocation= real MOH - allocated MOH
Over/under allocation= 120,000 - 150,000= 30,000 overapplied
Answer:
$10 million
Explanation:
Calculation for the reported profit for the first year of the contract
Using this formula
Reported profit=(BB Costs/Project cost estimate)×(Building contract-Project cost estimate)
Let plug in the formula
Reported profit = ($30 million / $75 million)×($100 million – $75 million)
Reported profit=0.4 million ×25 million
Reported profit= $10 million
Therefore the reported profit for the first year of the contract will be $10 million
Answer:
The answer is Consumer Behavior
Explanation:
Consumer Behavior is the study of individual customers, a group of people or organizations with regard to how these people and organizations purchase and dispose goods and services that are needed to satisfy their wants or needs.
This study seeks to understand how the behave in the marketplace and the reason(s) for this behavior.
The importance of understanding consumer behavior is that it can help you become more effective at marketing, advertising, product design and development, which will have the major impact of your customers.
An example can be seen when someone seeks the advice of his/her friend before purchasing a car. In this case, they may buy the car not because they like it, but because a friend recommended that car.
Answer:
b. Noise
Explanation:
Although there are other factors that may act as barriers to effective communication. However the most likely factor here is noise.
It is most likely that when Mary was stating that a dozen cookies cost $2.99, the newspaper staff was affected by noise coming from people or the printing press machines and thought he had heard $29.90.
Answer:
a. 8,200 pizzas
b. 17,400 pizzas
c. $17,100
Explanation:
The computation is shown below:
a. For break even point
= (Fixed expenses ) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $9 - $5
= $4
So, the break even point is
= $32,800 ÷ $4
= 8,200 pizzas
b. For target profit
The break even point is
= (Fixed expenses + target profit) ÷ (Contribution margin per unit)
= ($32,800 + $36,800) ÷ $4
= 17,400 pizzas
c. And, the margin of safety in dollars is
= (Total sales - break even sales) × selling price per unit
= (10,100 pizzas - 8,200 pizzas) × $9
= $17,100
