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jonny [76]
1 year ago
11

Julia started a cake decorating business last year. Unfortunately it failed quickly. She is convinced that she lacked the necess

ary funds to promote her business and get it off the ground What did Julia experience? A) inadequate financial control B) undervalued inventory C) undercapitalization D) a cash flow issue
Business
1 answer:
Alex73 [517]1 year ago
5 0

Answer:

C) undercapitalization

Explanation:

Clearly, Julia's cake business was undercapitalized, since she failed in the bare start. The undercapitalization issue is often associated with financial beginnings, when having the right sources of capital is crucial. Startups face significant initial costs and therefore need secure capital to cover them.

A cash flow issue is more common with businesses that are already up and running, but face challenges regarding paying debtors.

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Mikes Inc. has provided the following information: Cost per Unit Cost per Period Direct materials $ 6.85 Direct labor $ 3.60 Var
marshall27 [118]

Answer:

Marginal cost: $13.70

Missing question:

Additional cost from increasing their output by one unit.

Explanation:

The company will inccur only the variable cost as the fixed cost are within the relevant range:

Direct materials $ 6.85

Direct labor $ 3.60

Variable manufacturing overhead $ 1.25

Sales commissions $ 1.50

Variable administrative expense $ 0.50

Total variable cost: $13.70

producing an additional unit will genrate marginal cost for $13.70

4 0
1 year ago
On December 31 of the current year, Plunkett Company reported an ending inventory balance of $219,000. The following additional
Alexxx [7]

Answer:

The ending inventory balance is $158,400

Explanation:

The computation of the amount that Plunkett should report in ending inventory  is shown below:

= Ending balance - goods purchased under FOB destination - goods held on consignment

= $219,000 - $44,800 - $15,800

= $158,400

hence, the ending inventory balance is $158,400

we simply applied the above formula so that the correct value could come

6 0
1 year ago
Carrington Corporation produces canned vegetable soup. The company uses the weighted-average method in its process costing syste
agasfer [191]

Answer:

Option (B) is correct.

Explanation:

100% complete for conversion cost the units that are complete.

Units that produced during the period:

= Units sold + Units of finished Ending - Beginning units of Finished

= 300,000 + 60,000 - 75,000

= 285,000 units

And work in process at ending is 24,000 units but for conversion costs is 75% only.

For conversion Equivalent units:

= 75% of Ending Work in process + Units that produced during the period

= 75% × 24,000 + 285,000

= 18,000+285,000

= 303,000 units

4 0
1 year ago
10. Veda Inc., a manufacturer of cosmetics, offers two product lines, each catering to a distinct segment. Its most popular bran
Mama L [17]

Answer:

The type of segmentation  Veda Inc. is using is called Psychographic segmentation.

Explanation:

Market segmentation is the process of dividing a target market into smaller, more defined categories.  It makes it easier to focus marketing efforts and resources on reaching the most valuable audiences and achieving business goals.

Psychographic segmentation categorizes audiences and customers by factors that relate to their personalities and characteristics.  Alo, targets women who want makeup that will last at least ten hours after application. This covers a niche market of women who are looking for makeup with anti-ageing properties.

4 0
1 year ago
Exercise 21.2 you are the dba for the veryfine toy company and create a relation called employees with fields ename, dept, and s
nekit [7.7K]
Check the attached files for the solution.

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