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Papessa [141]
2 years ago
5

The sea wharf restaurant would like to determine the best way to allocate a monthly advertising budget of $1000 between newspape

r advertising and radio advertising. management decided that at least 25 percent of the budget must be spent on each type of media and that the amount of money spent on local newspaper advertising must be
Business
1 answer:
Andreas93 [3]2 years ago
5 0
From what I understood in the problem, the total budget that covers all types of media is only $1,000 per month. For the allocation, each type of media would get at least 25% of the budget. If we infer on this information, there should only be 4 types of media, at least. This is because four 25% portions would equal to 100%. If it exceeds 25% for each of the four types, it would be over the $1000 budget. With that being said, it is also possible that there will be 3 or 2 types of media. Nevertheless, let's just stick to the least assumption of 25% for each of the 4 types.

If local newspaper advertising is one of the four types, then:

$1000(25%) = $250

It would get $250 from the overall budget.
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If you were visiting disney world and you used its touch-screen monitors to locate a restaurant, what type of hardware device wo
pishuonlain [190]

The type of device that you most likely are using is an input device as this is a device that has the component of having to use in a touch screen mode. If you are going to locate a place using touch screen monitors, then you are using an input device.

7 0
2 years ago
Salter Manufacturing Company produces inventory in a highly automated assembly plant in Fall River, Massachusetts. The automated
wolverine [178]

Answer:

a. Total overhead = $294,720 + $24 × machine hours

b. Total overhead = $137,040 + $0.05 × Kilowatt-hours

c. The kilowatt-hours was the best predictor for July

Explanation:

High low method is used to separate the variable cost and fixed costs elements in a Semi-Variable Cost item.

machine-hours as cost driver.

<u><em>First find the 2 points : the High and the Low</em></u>

High Point : March

Machine-hours  = 4,680

Total Overhead = $ 407,040

Low Point : June

Machine-hours  = 3,720

Total Overhead = $ 384,000

<u><em>Next find the Difference in the overhead cost and the cost driver of the 2 points</em></u>

Overheads = $23,040

Machine-hours  = 960

<em><u>Find the Variable cost element </u></em>

Variable cost = difference in overhead / difference in cost driver

                      = $23,040 / 960

                      = $24

<u><em>Find the Fixed Cost Element.</em></u>

Fixed Cost = Total Overhead - Variable Overhead

selecting the high point, this will be :

                  = $ 407,040 - (4,680 × $24)

                  = $294,720

<em><u>Determine the Cost function </u></em>

Total overhead = $294,720 + $24 × machine hours

machine-hours as cost driver.

<u><em>First find the 2 points : the High and the Low</em></u>

High Point : March

Kilowatt-hours  = 5,400,000

Total Overhead = $ 407,040

Low Point : June

Kilowatt-hours  = 4,944,000

Total Overhead = $ 384,000

<u><em>Next find the Difference in the overhead cost and the cost driver of the 2 points</em></u>

Overheads = $23,040

Kilowatt-hours  = 456,000

<em><u>Find the Variable cost element </u></em>

Variable cost = difference in overhead / difference in cost driver

                      = $23,040 / 456,000

                      = $0.05

<u><em>Find the Fixed Cost Element.</em></u>

Fixed Cost = Total Overhead - Variable Overhead

selecting the high point, this will be :

                  = $ 407,040 - (5,400,000 × $0.05)

                  = $137,040

<em><u>Determine the Cost function </u></em>

Total overhead = $137,040 + $0.05 × Kilowatt-hours

Apply the machine hours for july

Total overhead = $294,720 + $24 × machine hours

                          = $294,720 + $24 × 4,000

                          = $390,720

Apply kilowatt-hours for july

Total overhead = $137,040 + $0.05 × Kilowatt-hours

                         = $137,040 + $0.05 × 4,550,000

                         = $364,540

Conclusion :

The kilowatt-hours was the best predictor for July

7 0
2 years ago
Christin, the CEO of a national IT manufacturer, was approached by Ultimate Phones, a new company that is marketing a new type o
lorasvet [3.4K]

Christin the CEO of a national IT manufacture is experiencing the   (B) bounded rationality

Explanation:

By analyzing the options given in the question we can say that

  • An ethical dilemma is said to have occurred when there is a conflict of interest between the two organization leaving one with making choices between  serving in the interest one the company or feathering one's nest.

  • Group think implies giving preference  to the decision of a group over individual's thinking

  • The concept of Bounded rationality was introduced by Herbert Simon wit  refers to the fact that making a rational decision is sometimes limited to the information at one's disposal as well as  one's mental prowess.

So the answer to the above question is  (B) bounded rationality-Christin is experiencing the dilemma of bounded rationality

8 0
2 years ago
A new children's hospital is being built in Springfield, and Friendly Corp. has publicly pledged that it will contribute $5 mill
frozen [14]

Answer:

Following are the solution to this question:

Explanation:

By IAS 1 — Annual Report presentation, 3 concepts were all first consideration, its second consistency as well as the third reporting framework related to investment based that can be define as follows:

  • Full accrual basis: its IAS 1 allows an organization to compile all financial reports through an accounting standards basis, with exception of working capital details. Even more cash accounting is a method to record profit or expenditure account balances when they are made.
  • All financial statements throughout the United States were repayment-based. Any cost will not be reported underneath the accrual system once it is accruing. It implies that recognition is irrelevant whenever a company pays cash to pay an expense.
  • Thus the allocation of 2 million to the year that the Pleasant Corp. was created must be listed as just an expense. As well as the remaining payment amount must be listed as expenses once it is paid. Future interventions throughout the current FY should not be published.
  • Also, notice the payment incoming to ensure that you will be prepared when due, but just don't join the way of supporting using the cash method. It simply reports an expense of what you are pay if you make a payment when you choose to use the cash method. Consequently, until the next date, you would not modify your reporting, which is also known as journal entries.
5 0
2 years ago
The holder of a promotional permit may:
MissTica
The holder of a promotional permit may MAY ENGAGE IN ACTIVITIES TO PROMOTE AND ENHANCE THE SALE OF ALCOHOLIC BEVERAGES ON BEHALF OF THE ALCOHOL MANUFACTURERS. The permit licensed the holder to market alcohol drinks without any consequence attached but he must be qualified to get the licence and he is also expected to pay annual fees.
4 0
2 years ago
Read 2 more answers
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