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2 years ago

Competing in one or more countries or regions of the world causes strategy-making to be more complex because of

1 answer:

8 0

Here is the answer that best completes the statement:

What causes strategy-making to be more complicated as one competes in one or more regions or countries of the world is due to existence of significant differences in each country in buyer preferences, growth potential and the sizes of the market.

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The Meyers CPA firm has the following overhead budget for the year: Overhead Indirect materials $ 370,000 Indirect labor 1,705,0

Veseljchak [2.6K]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Total manufacturing overhead= $ 2,986,000

The firm estimates total direct labor cost for the year to be $1,866,250.

The firm uses direct labor cost as the cost driver to apply overhead to clients.

1) Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base= 2986000/1866250= $1.6 per direct labor $

2) the firm worked for many clients; data for two of them follow: Gargus account Direct labor $ 3,200

Feller account Direct labor $ 9,200

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

Gargus overhead= 3200*1.6= 5120

Feller= 9200*1.6= 14720

3) Total cost Gargus= 3200 + 5120= $8,320

TC Feller= 14720 + 9200= $23,920

4 0

1 year ago

Ahrends Corporation makes 70,000 units per year of a part it uses in the products it manufactures. The unit product cost of this

Lelechka [254]

Answer:

$48.50

Explanation:

Relevant costs are the costs that are influenced by managerial decisions.They are future costs that have the tendency to affect the cash flow or outflow above the current level , that are relevant in making decisions . Examples are opportunity cost , incremental cost

The relevant cost in the scenario is the cost of buying from the supplier instead of in-house manufacturing , which is $48.50

8 0

2 years ago

Henderson Co. has fixed costs of $36,000 and a contribution margin ratio of 24%. If expected sales are $200,000, what is the mar

Studentka2010 [4]

Answer:

25%

Explanation:

the margin of safety is the percent of sales which the company is above the break even point.

We solve for the break even point:

$\frac{Fixed\:Cost}{Contribution \:Margin \:Ratio} = Break\: Even\: Point_{dollars}$

$\frac{36,000}{0.24} = Break\: Even\: Point_{dollars}$

BEP = 150,000

We solve for the margin of safety:

$ 200,000 - $ 150,000 = $ 50,000

Now we compare against our sales:

$ 50,000 / $ 200,000 = 0.25

5 0

1 year ago

When Claire purchased her new cell phone, she was offered an opportunity to purchase a car charger and a cover together at a red

IgorLugansk [536]

Answer:

Price bundling strategy

Explanation:

Price bundling in business means combining several products or services into a single comprehensive package for an all-inclusive price that is reduced. Now Despite the fact that the items are sold for discounted prices, the benefit of price bundling is that it can increase profits because it promotes the purchase of more than one item. This is the strategy the cell phone provider used when Claire was purchasing her cell phone.

7 0

1 year ago

Read 2 more answers

Potential Market – the set of consumers who profess some level of interest in a defined market offer Mass Market – the set of co

dybincka [34]

Answer:

Potential market

Interested percentage of people x total population

1000000x20%

= 200000

Mass market is potential market x those with requisite income in percentage

= 200000x50%

= 200000x0.5

= 100000

Available market is also mass market

= 100000

Qualified market

Available market x minimum qualification in percentage

Percentage of Minimum qualification = 100 - 25%

= 75%

Qualified market = 100000x0.75

= 75000

4 0

1 year ago