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BigorU [14]
1 year ago
14

as Jake began his market research he discovered that there wasn't another retail boating supplies business for hunting more than

100 miles in fact there was no large lake or river either Jake concluded that a. the competition gave up too soon b. his marketing should stress quality and service c. you would have to offer lower prices d. there was no market for this product
Business
1 answer:
gulaghasi [49]1 year ago
5 0
The right answer for the question that is being asked and shown above is that: "b. his marketing should stress quality and service." As Jake began his market research he discovered that there wasn't another retail boating supplies business for hunting more than 100 miles in fact there was no large lake or river either Jake concluded that his<span> marketing should stress quality and service</span>
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Edison Corporation's variable manufacturing overhead rate is $5.00 per direct labor-hour. Total budgeted fixed overhead is $25,0
Mila [183]

Answer:

Manufacturing overhead for July will be $55000

Explanation:

We have given budgeted labor hour in month of July = 20000

Variable overhead rate = $5

So variable manufacturing overhead = 20000×$5 = $100000

Fixed manufacturing overhead = $25000

Now total manufacturing overhead = $100000+$25000 = $125000

Depreciation expense = $7000

So manufacturing overhead for July = $125000 - $7000 = $55000  

6 0
1 year ago
You bought one of Great White Shark Repellant Co.’s 8 percent coupon bonds one year ago for $1,044. These bonds make annual paym
GalinKa [24]

Answer:

17.4%

Explanation:

original purchase price 1 year ago = $1,044

current market price:

0.06 = {80 + [(1,000 - MV)/13]} /  [(1,000 + MV)/2]

0.06 x [(1,000 + MV)/2] = 80 + [(1,000 - MV)/13]

0.06 x (500 + 0.5MV) = 80 + 76.92 - 0.0769MV

30 + 0.03MV = 156.92 - 0.0769MV

0.1069MV = 126.92

MV = 126.92 / 0.1069 = $1,187.28

total returns during the year = $80 (coupon) + ($1,187.28 - $1,044) = $223.28

nominal return on investment = $223.28 / $1,044 = 21.387%

real return on investment = [(1 + i) / (1 + inflation)] - 1 = [(1 + 0.21387) / (1 + 0.034)] - 1 = 1.174 - 1 = 0.174 = 17.4%

4 0
2 years ago
Record and analyze installment notes (LO9-2)
djyliett [7]

Answer:

January 1, 2021, building purchased

Dr Building 420,000

    Cr Cash 100,000

    Cr Notes payable 320,000

Explanation:

The building account (asset) must be recorded at the purchase cost. The mortgage is considered a note payable (long term liability), while the cash account (asset) decreases, therefore, it must be credited.

3 0
1 year ago
Suppose an investment project is projected to provide $198,000 in revenues if the project is undertaken. the investment will cos
Dominik [7]
<span>Yes. By investing $180,000 and having a revenues of $198,000, the company would earn $18,000 (before tax) from this project investment. Assuming that the $180,000 investment already factored in time/labor and the projected $190,000 revenues is very likely to occur.</span>
7 0
2 years ago
Production workers for Chadwick Manufacturing Company provided 3,200 hours of labor in January and 2,800 hours in February. The
Sergeu [11.5K]

Answer:

The insurance cost should be allocated to the products made in January and to those made in February is $8,000 and $7,000 respectively.

Explanation:

For computing the allocated insurance cost, first, we have to compute the per labor rate which is shown below:

Per labor rate = (Annual premium) ÷ (Labor hours)

                       = ($120,000) ÷ (48,000 hours)

                       = $2.5

Now the insurance cost would be

For January = Labor rate per hour × number of labor hours\

                    = 3,200 hours × $2.5

                    = $8,000

For February = Labor rate per hour × number of labor hours

                      = 2,800 hours × $2.5

                      = $7,000

3 0
1 year ago
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