The Peak & Vale Accountants provides or offers
other firms and institutions with accounting services. Questions of what is ethical
involve the extent to which the Peak & Vale has an ethical duty beyond
those duties mandated by the law.
Answer:
UNIT COST $32
Explanation:
the absorption costing system is the sum of expenses applicable to purchases and charges directly or indirectly incurred to produce a good or service.
This model considers both fixed and variable costs. Which translates into a higher unit cost.
in these case unit cost = 6+10+6+6+2+2 = 32
+Direct materials $6
+Direct labor $10
+Fixed manufacturing overhead $6,000 / 1000 units= $6
+Variable manufacturing overhead $6
+Fixed operating expenses (selling, general, and administrative) $2,000
/ 1000 units=$2
Variable operating expenses (selling, general, and administrative $2
This is possible because both products have the same allocation of raw materials, costs, and labor. <span> There wouldn't be any conflict with the change. </span><span> In business, this is called joint product. </span><span>This has been a business practicality measure for better costs planning and production. </span>
Answer:
Option E: Commercialization
Explanation:
The marketplace is simply dynamic and undergoes different changes and the demand rate for products is also do change. Companies evaluate their already made or existing product line, update it and tries to fit into the standard of their consumers.
In the new product development strategies, companies makes a unique new product development strategy to limit the overuse of time and resources through the method of, organize planning and research, understanding what customer really want thereby definitely resourcing of the said project.
In commercialization, it entails the new product launching procedures (processes). It usually needs heavy promotion and product distribution throughout the network.
Answer:
The answer is: $6,900
Explanation:
To determine how much the insurance company should charge, we must first calculate the amount of money they expect to pay:
- total loss $200,000 x 0.002 = $400
- 50% loss $100,000 x 0.01 = $1,000
- 25% loss $50,000 x 0.1 = $5,000
Total $6,400
If the insurance company expects to pay $6,400 per year, they will have to charge $6,900 ($6,400 + $500) to cover their expenses and earn a $500 profit.
