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daser333 [38]
2 years ago
11

The journal entry to issue $ 600 of direct materials and $ 40 of indirect materials to production involves​ debit(s) to the​ ___

_____.
A. WorkminusinminusProcess Inventory account for $ 600 and Finished Goods Inventory account for $ 40
B. Manufacturing Overhead account for $ 640
C. WorkminusinminusProcess Inventory account for $ 640
D. WorkminusinminusProcess Inventory account for $ 600 and Manufacturing Overhead account for$530
Business
1 answer:
Shkiper50 [21]2 years ago
4 0

Answer:

work in process             600 debit

manufacturing overhead 40 debit

         raw material inventory      640 credit

--to record the materials used into production and general production facilities--

Explanation:

There is 600 direct material which are allocated into work in process.

Then the 40 dollars of indirect materials will be assigned int othe actual overhead so the accounting can later adjust for oer or udnerappplied amounts at month-end

Both, makes the raw paterials inventory to decrease as there is less inventory available for future request. Thus it is credited.

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Answer:

This question lacks answers. Here they are:

A) ​Early adopter  

B) ​Early majority  

C) ​Innovator  

D) Late majority  

E) ​Laggard

Answer is B) <em>​Early majority  </em>

Explanation:

These are the adoption categories. They measure how inclined a customer is to adopting a new product or technology. Each category describes the main aim and goal of the customer when trying the new product.

Naturally, all categories are on the gradual scale:

Innovators -> Early adopter -> Early majority -> Late Majority - > Laggard

with the <em>innovator</em> being the group that is adopting the product immediately after launch, while the <em>laggard</em> is very change-resistant, rarely making choices regarding the adoption of something new.

The thinnest line is probably the difference between <em>early adopters</em> and the <em>early majority</em>. Early adopters are not as fast as innovators when it comes to product adopting and they are often doing it because of coolness or the "wow" factor of the product. Although the time of adoption for the early majority is the same or a little bit longer than early adopters, the key difference is that the early majority puts functionality over coolness when something is new and ready for adoption.

In this example, Ariana want to receive great functionalities for the given money, so she turns to ratings, reviews and recommendations from early adopters and innovators (Eric). Eventually, when it is determined that the product proves its value, the early majority adopts it.

8 0
2 years ago
Cakes by Dominic
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Answer:

One motive that Dominic might have was that he has always wanted to become an entrepreneur and his grandmother wants him to take over the shop for her since his cake-making skills had very much improved since he started. And another motive Dominic had was that there was not a lot of jobs open for him in the area, so he was glad to help.

Explanation:

7 0
1 year ago
The Harriet Hotel in downtown Boston has 100 rooms that rent for $150 per night. It costs the hotel $30 per room in variable cos
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Answer:

In order to maximize average daily profit, optimal number of reservations = 100 rooms.

Explanation:

As for the provided information, we have

Total number of rooms = 100

Chances of guests not arriving = 5%

Therefore, guests to arrive = 95%

Thus, bookings = 100/95% = 105.26

Rounding off we have 105 rooms,

Let us assume, all rooms are booked and no cancellation is done, in that case,

Total revenue = $150 \times 100 = $15,000

Less: Overbooked charges = $200 \times 5 = ($1,000)

Less: Variable Cost = $30 \times 100 = ($3,000)

Thus total revenue will be $11,000

In case of booking of 100 rooms the net revenue in case of 5% cancellations, shall be:

Rooms booked = 100 - 5% = 95

Revenue = 95 \times $150 = $14,250

Less: Variable Costs = 95 \times $30 = ($2,850)

Thus total revenue = $11,400

Since profit in case of booking 100 rooms is more in any case, even in case of least cancellation the revenue will increase.

Thus, this is the optimal number of reservations = 100

6 0
2 years ago
Lisa surveyed a sample group of people. Based on her survey, Lisa suggested to her company that they develop a customizable trav
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2 years ago
Pricing objectives are derived from broader marketing objectives. Organizations using a multisegment marketing approach to marke
spin [16.1K]

Answer:

True

Explanation:

An organization that makes use of multisegment marketing approach is undoubtedly a big company that have established name for itself. This means that, the organization or company is well known and that it is an household name in the industry. Therefore, such company has the capacity of using multisegment marketing approach.

But a small company will only make use of one pricing method, this is to attract people to its products. And avoid competing with the established organizations. So, in the process, creating name for itself.

8 0
2 years ago
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