Which of the following documents is not often used for inventory control?

A sales firm regularly enrolls some of its employees in a six-month marketing course with a leading university. At the end of th

Firlakuza [10]

Answer:

Externship

Explanation:

Externship refers to an agreement between the employer and university wherein the university imparts skills required by the employer from employees which relate to a particular job designation.

Externship enables the employees to gain a short term practical knowledge which is related to their job position. Externship, unlike internship is for a shorter duration and during such a course the volunteered employees supervise the learning process of the externs.

Such a concept is also referred to as Job shadowing.

7 0

3 years ago

A mask company set up a hospitality tent outside the Olympics arena. Its goal was to eoncourage patrons to view it as an Olympic

Grace [21]

Answer: Ambush Marketing

Explanation:

The mask company is engaged in Ambush marketing in the Olympics event.

Ambush marketing is a marketing technique that businesses use to give the public an impression that they are sponsoring an event when they aren't.

3 0

3 years ago

Ribelin Corporation is adding a new product line that will require an investment of $218,000. The product line is estimated to g

Vikentia [17]

Answer:

C. Payback is 10 years

Explanation:

Payback is the number of years it will takes to recover the initial investment, which in this case translates to: how long will it take for Ribelin Corpration to recover the $218,000 investment given the stated cash-flows.

Year Cash-flow Balance

0 (218,000.00) (218,000.00)

1 32,000.00 (186,000.00)

2 18,000.00 (168,000.00)

3 21,000.00 (147,000.00)

4 21,000.00 (126,000.00)

5 21,000.00 (105,000.00)

6 21,000.00 (84,000.00)

7 21,000.00 (63,000.00)

8 21,000.00 (42,000.00)

9 21,000.00 (21,000.00)

10 21,000.00 -

11 21,000.00 21,000.00

12 21,000.00 42,000.00

By end of year 10, total inflows are exactly equal the initial investment, therefore it will take them 10 years

6 0

3 years ago

Lake Erie Company uses a plantwide overhead rate with machine hours as the allocation base. Next year, 790,000 units are expecte

Mazyrski [523]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

790,000 units are expected to be produced taking 0.75 machine hours each.

<u>We weren't provided with enough information to solve the requirement. But, I will give the formulas necessary to guide an answer and a small example.</u>

<u>First, we need to calculate the total amount of machine-hours required:</u>

Total machine hours= 790,000*0.75= 592,500 hours.

Let us suppose that the estimated manufacturing overhead is $850,000.

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 850,000/592,500= $1.44 per machine hour

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 1.44*0.75 hours= $1.08 per unit

5 0

3 years ago

The ______ is what a consumer or marketing intermediary actually pays for a product after subtracting any discounts, allowances,

julia-pushkina [17]

The correct answer is market price.
Market price is the price that you normally pay when you want to buy something. This price is usually higher than what the store that is selling it got it from the manufacturer, because it is buying the product in bulks. You as a consumer will have to pay this price when all discounts, allowances, and rebates are subtracted.

7 0

3 years ago