A Project Charter includes which of the following?

Ikea offers young customers a selection of home furnishings featuring good design, function, and acceptable quality at low price

Sladkaya [172]

Answer:

focused cost leadership

Explanation:

A focused plan for cost management needs price-based rivalry to same a limited sector. A business that implements this approach will not automatically offer the industry's cheapest prices. Rather it pays low prices in competition with other firms that operate within the intended audience.

An crucial point in these techniques is that the essence of the small target audience differs throughout firms using a focused approach of cost management.

In some instances, demographics define the target group. Thus, from the above we can conclude that the correct option is B.

3 0

2 years ago

Social Media, Inc. (SMI) has two services for users. Toot!, which connects tutors with students who are looking for tutoring ser

tekilochka [14]

Answer: See explanation

Explanation:

a. Predetermined overhead rate will be:

= Administrative costs/Number of users

= 739,500/25,500

= $29 per user

Administrative costs applied to Toot will be:

= Number of users x Predetermined overhead rate

= 8900 x 29

= $258100

Administrative costs applied to Tix will be:

= Number of users x Predetermined overhead rate

= 16600 x 29

= $481400

b. For Toot

Revenue: $1,450,000

Less: Engineering cost: $402,500

Less: Administrative cost: $258,100

Profit = $789400

For Tix:

Revenue: $1,200,000

Less: Engineering cost: $521,875

Less: Administrative cost: $481,400

Profit = $196725

5 0

2 years ago

At the beginning of the current period, Oriole Company had balances in Accounts Receivable of $191,500 and in Allowance for Doub

Dmitriy789 [7]

Answer:

The Journal entries are as follows:

(a) (i) Accounts receivable A/c Dr. $782,000

To sales revenue $782,000

(To record sales)

(ii) Cash A/c Dr. $697,920

To Accounts receivable $697,920

(To record receipt)

(b) Allowance for doubtful accounts Dr. $6,591

To Accounts receivable $6,591

(To record the write-off of uncollectible accounts)

(c) (i) Accounts receivable A/c Dr. $2,948

To Allowance for doubtful accounts $2,948

(To reinstate account previously written off)

(ii) Cash A/c Dr. $2,948

To Accounts receivable $2,948

(To record receipt)

(c) Bad debt expense [$23,400 - $6,197] A/c Dr. $17,203

To Allowance for doubtful accounts $17,203

(To record bad debt expense for the period)

Ending balance in accounts receivables:

= Opening balance + sales on account during the period - Collection during the period - write off during the period

= $191,500 + $782,000 - $697,920 - $6,591

= $268,989

Allowance for doubtful accounts unadjusted balance:

= $9,840 + $2,948 - $6,591

= $6,197

Ending balance in Allowance for Doubtful Accounts = $23,400

7 0

2 years ago

On January 1, Year 1, Pacific Corporation acquired 75% of Sand Corporation's 200,000 outstanding common shares for $2,850,000. O

Allisa [31]

Answer:

$112,500

Explanation:

The good will to be reported in the balance sheet of the Pacific Corporation as at December 31 shall be determined using the following mentioned method:

Cost to acquire share of the Pacific Corporation $2,850,000

Less:Net Assets Acquired of Sand Corporation

Sand Net Assets $3,000,000

Excess value of land $200,000

Excess value of equipment $150,000

Fair value of non-compete $300,000

$3,650,000 ($3,650,000)

Add:Net Assets portion of the Non controlling interest $912,500

($3,650,000*25%)

Good will $112,500

3 0

2 years ago

Common unsponsored domain name extensions include:<br> .com<br> .org<br> jobs<br> .mobi

Leno4ka [110]

The answer should be .com

5 0

2 years ago