Which of the following costs should be excluded from research and development expense?

1. Friedman distinguishes between the two concepts that (a) businesses really do act in ways to maximize profit and (b) business

S_A_V [24]

Explanation:

Friedman defends the position that companies have a social responsibility to act to maximize profit, in the sense that, the primary function of companies is to generate profit. The author goes against the growing opinions in society that companies must have social responsibility, that is, they need to create a positive and sensitive corporate image to please political and society interests and counter or even soften the words and actions its central purpose, which is profit generation. For him, social responsibility cannot be politicized in order to be an obligation of companies, as it limits freedom and interests arising from the business.

4 0

3 years ago

Merone Company allocates materials handling cost to the company's two products using the below data:

koban [17]

Answer:

The correct answer is D.

Explanation:

Giving the following information:

Modular Homes - Prefab Barns

Total expected units produced 6,200 9,200

Expected direct labor-hours per unit 820 320

The total materials handling cost for the year is expected to be $321,120.

First, we need to calculate the total amount of expected direct-labor hours, because it will be used as the allocation base:

Total direct-labor hours= (6,200units*820hours) + (320hours*9,200units)= 8,028,000 hours

Now, we can determine the estimated manufacturing overhead rate:

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

Estimated manufacturing overhead rate= 321,120/8,028,000= $0.04 per direct labor hour

Finally, we can allocate overhead:

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

Allocated overhead= 0.04* (320hours*9,200units)= $117,760

6 0

4 years ago

Which of the following statements reflects upon the difficulty companies face when requiring international suppliers to follow e

AleksAgata [21]

It seems that you have missed the necessary options for us to answer this question so I had to look for it. Anyway, here is the answer. The statement that reflects upon the difficulty <span>companies face when requiring international suppliers to follow environmental and human rights standards set by u.s. firms is this:</span> Both economics and culture enter into the discussion of fairness concerning international suppliers who do business with U.S. Firms. Hope this helps.

5 0

3 years ago

Campbell Corporation uses the retail method to value its inventory. The following information is available for the year 2021: Co

Anton [14]

Answer:

$242,168.82

Explanation:

Inventory on December 31, 2021

Cost. Retail

Beginning inventory 300,000 291,000

Add: purchases 581,000 928,000

Add: freight in. 19,000

Add: net markups. 31,000

900,000 1,250,000

Less net markdown. 5,000

Goods available for 900,000 1,245,000

Cost to retail %

900,000/1,245,000

0.722891566

Less: net sales. 910,000

Estimated ending 335,000

Estimated ending inventory at cost

335,000 × 0.722891566

242,168.82

6 0

3 years ago

Hermann Corporation had net income of $200,000 and paid dividends to commonstockholders of $50,000 in 2012. The weighted average

diamong [38]

Answer:

the P/E ratio is 12.5

Explanation:

the price-earning ratio represent how many times the earnings per shares "fits" into the price of the share. It represent how many years are needed to payback the investment of rchase the share.

We first need the earningper share:

$\frac{income - preferred \: dividends}{outstading \: shares} = EPS$

200,000 net income / 50,000 = 4 dollars EPS

price-earnings ratio:

$\frac{Price}{EPS} = P/E$

50/4 = 12.5 years

3 0

3 years ago