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1 year ago

what types of political, economic, and competitive challenges does MTV networks international face by operating worldwide?

Business

1 answer:

Marysya12 [62]1 year ago

6 0

<u>Explanation:</u>

Remember, MTV is a cable TV company initially founded in the United States.

Political challenges:

There may be differences in administrative costs in each country of operations. For example, the manner and value of taxes paid in the USA may be different in another country like France.

Economic challenges:

The level of economic growth may affect the amount and number of people who spend on entertainment leading to a decline in revenue and an increased need for aggressive marketing campaigns.

Competitive challenges:

Each country may already have other cable TV companies that a percent of the market share and so this it becomes a challenge to compete with these domestic companies.

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Leelanau Corporation uses a job-order costing system. The following data are for last year: Work in process beginning balance $

ratelena [41]

Answer:

The correct answer is $138,500.

Explanation:

According to the scenario, the given data are as follows:

WIP beginning = $10,500

WIP ending = $19,000

Cost of goods manufactured = $323,000

Direct material = $115,000

Direct labor = $78,000

So, we can calculate the amount of overhead by using following formula:

Overheads = Total manufacturing costs - Direct materials - Direct labor

Where, Total manufacturing cost = Cost of goods manufactured + Ending WIP - Beginning WIP

= $323,000 + $19,000 - $10,500

= $331,500

So, by putting the value in the formula:

Overheads = $331,500 - $115,000 - $78,000

= $138,500

Hence, the amount of overhead is $138,500.

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1 year ago

The Italian Bread Company purchased land as a factory site for $70,000. An old building on the property was demolished, and cons

Monica [59]

Answer:

Land $80,900

Building $643,000

Explanation

Land

Demolition of old building $9,000

Sale of salvaged materials (1,100)

Legal fees (for title investigation of land) 3,000

Purchase price of land $70,000

Total $80,900

Building

Architect fees (for new building) 20,000

Building construction cost 600,000

Interest cost related to the construction 23,000

Total $643,000

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1 year ago

On January 1, 2021, Jalen Company purchased land costing $800,000. Instead of paying cash at the time of purchase, Jalen plans t

Alenkinab [10]

Answer:Jalen journal $

Date

Jan 1 ,2021

Land Dr. 860,887

Note payable Cr. 860,887

Narration. Issuance of note of above amount payable in four installment for purchase of land.

June 30,2021

Note payable Dr 215,221.64

Cash Cr. 215,221.64

Narration. Payment of first installment on land purchase.

December 31,2021

Note payableDr 215,221.64

Cash.Cr. 215,221.64

Narration. Payment of second installment on land purchase.

2. Balance on note payable as at December 31, 2021 $400,000

Balance on Interest expenses $30,443.28

Explanation:

The land account is debited to recognized it's purchase and a credit is made to the notes payable account to recognise the credit.

The total installment is debited for payment made in the first and second period.

The balance on the note payable represents the two outstanding principal payment of the $800,000 and the interest expenses represents the excess over the principal sum.

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2 years ago

Which of the following best describes costs assigned to the product under the variable costing method? Direct labor (DL) Direct

masya89 [10]

Answer:

DL, DM, and VOH.

Explanation:

Under the variable costing method, direct labor cost, direct material cost and variable manufacturing overhead cost are cost assigned to the product. administrative, fixed manufacturing overhead cost are not variable cost and hence cannot be assigned to a product under variable costing method. Variable costing methods considers only manufacturing costs that change in total with changes in production level.

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1 year ago

Tektron Industries has Beginning and Ending Raw Materials Inventories of $32,000 and $40,000, respectively. Direct Materials use

ch4aika [34]

Answer:

$138,000

Explanation:

The computation of the cost of Raw Materials Purchased is shown below:

= Direct materials used + ending direct material inventory - beginning direct material inventory

= $130,000 + $40,000 - $32,000

= $138,000

Simply we added the ending direct material inventory and deduct the beginning direct material inventory to the direct material used so that the accurate amount can come

5 0

2 years ago

what types of political, economic, and competitive challenges does MTV networks international face by operating worldwide?​

what types of political, economic, and competitive challenges does MTV networks international face by operating worldwide?