Answer:
A. Wilma must include the $1,000 of interest in her income this year.
Explanation:
the interest is taxed when is being credited to the account and this is why Wilma must include it in her income for this year.
Answer:
the target selling price is $76.70
Explanation:
The computation of the target selling price is shown below:
= Total cost + 1 × markup percentage
= ($17 + $6 + $3 + $19 + $1 + $13) × (1.30)
= $76.70
hence, the target selling price is $76.70
We simply applied the above formula so that the target selling price could be determined
Answer:
c. 130% of direct labor cost
Explanation:
Note : Manufacturing overhead is allocated based on direct labor cost in the Trimming Department.
Where,
Budgeted Overheads are $416,000
Total Direct Labor Cost are $320,000
Therefore,
Predetermined Overhead Rate = Budgeted Overheads ÷ Total Direct Labor Cost
= $416,000 ÷ $320,000
= $1.30 or 130 %
The predetermined manufacturing overhead rate for the Trimming Department is 130 %
USP stands for Unique Selling Proposition . It is the factor or consideration presented by a seller as the reason that one product or service is different from and better than that of the competition.When defining a strategy for your business, there are several ways how a competitor analysis can help you establish a USP :
- you can ask a few of the customers after they leave the premises what they like and dislike about the competitors' products and services.
- If your competition is beating you on pricing because they are larger, you have to find another sales feature
Did this at school not hard nor easy it’s $63,000