As shown in exhibit 7-2, the rate of inflation for year 2 is:

Montana Industries has computed the following unit costs for the year just ended: Variable manufacturing overhead $85 Fixed manu

katovenus [111]

Answer:

Variable, $85; absorption, $105.

Explanation:

Variable costing $85

Absorption costing $105=(85+20)

3 0

2 years ago

Enlightened marketing calls for building long-run consumer engagement, loyalty, and relationships by continually improving the b

VMariaS [17]

Answer:

A) customer value marketing

Explanation:

Customer value refers to the value that our customers assign to the products or services that our company sells them. In other words, is the cost of our product or service offset by the benefits that we receive from consuming it. As long as the equation is always favorable to our side, i.e. perceived benefits > cost of our product, our customers will continue to purchase our products or services.

Customer value marketing tries to continuously increase the customers' perceived benefits, therefore always keeping the equation favorable to our side.

6 0

2 years ago

The master budget of Carpenter Company shows that the planned activity level for next year is expected to be 100,000 machine hou

Gnom [1K]

Answer:

Total overhead cost= $988,000

Explanation:

Giving the following information:

Activity level= 100,000 machine hours

Indirect labor $480,000

Machine supplies 120,000

Indirect materials 140,000

Depreciation on factory building 100,000

First, we need to calculate the unitary overhead costs per machine-hours. Depreciation is a fixed cost.

Indirect labor= 480,000/100,000= $4.8

Machine supplies= 120,000/100,000= $1.2

Indirect materials= 140,000/100,000= $1.4

Now, we can determine the total overhead cost for 120,000 machine hours.

Indirect labor= 4.8*120,000= 576,000

Machine supplies= 1.2*120,000= 144,000

Indirect materials= 1.4*120,000= 168,000

Depreciation= 100,000

Total overhead cost= $988,000

8 0

2 years ago

What allows consumers to receive goods and services in a non-price rationing system?

Tatiana [17]

Non-price rationing system is commonly done by queuing (to resolve rationing problems brought by price ceilings) and by coupons (to restore buyer equilibrium). Favored customers who received special treatment from dealers when there is an excess demand, which means: owners giving goods and services to their friends, is another non-price rationing mechanism. I hope that this is the answer that you were looking for and it has helped you.

6 0

2 years ago

A local finance company quotes a 17 percent interest rate on one-year loans. So, if you borrow $20,000, the interest for the yea

Sonbull [250]

Answer:

1. Is this a 17 percent loan?

No, the loan charges a much higher interest rate

2. What rate would legally have to be quoted?

30%

3. What is the effective annual rate?

34.49%

Explanation:

effective annual rate = (1 + i/n)ⁿ - 1

using a financial calculator, i = 30% (PV = 20,000, PMT = -1,950, Nper = 12, FV = 0)

monthly interest rate = 2.5%

effective annual rate = (1 + 0.30/12)¹² - 1 = (1 + 0.025)¹² - 1 = 1.3449 - 1 = 0.3449 = 34.49%

APR (legal rate) = 2.5% x 12 = 30%

3 0

2 years ago