Nancy is considering whether her toy manufacturing business should develop its own brand. Which is a company reward Nancy can expect from branding?

Answers

Answer 1
Answer:

Answer: a. Brands enhance loyalty.

Explanation:

Brands enhance loyalty because people are more likely to identify with a symbol than with something that has a general identity. When a company has a brand therefore, it will enhance the loyalty of its consumers as they look to identify with that brand.

Take Adidas for instance, the three stripes logo is so iconic that people can sometimes have entire wardrobes of Adidas apparel to show those three stripes off and show that they identify with it. This is the benefit that Nancy stands to gain with branding.


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What are the steps for the software engineering institute model for risk management? Select one:
a. Identify, analyze, plan, track, and control
b. Analyze, track, identify, plan, and control
c. Identify assets, threats, vulnerabilities, and exposure factor
d. Cost benefit analysis, control, and review

Answers

Answer:

A

Explanation:

Identify, analyze, plan, track, and control

At the beginning of the period, the Fabricating Department budgeted direct labor of $51,000 and equipment depreciation of $59,000 for 3,400 hours of production. The department actually completed 4,100 hours of production. Determine the budget for the department, assuming that it uses flexible budgeting. $

Answers

Answer:

=  $120,500.00

Explanation:

Flexible budget is that which  is that which recognizes the cost behavior and is used for control purpose. It is prepared based on the actual level of activity achieved.

Kindly note that the $59,000 depreciation is a fixed cost which do not vary with the hours of production.

The flexible budget for the department will be

Direct Labour budget = ( 51000/3400) × 4,100

                         =  $61,500.00

Equipment depreciation= $59,000

Total flexible budget = $61,500.00 + $59,000

                                   =  $120,500.00

Sample Test Problem 9.4 Management is considering developing new computer software. The cost of development will be $675,000, and management expects the net cash flow from sale of the software to be $195,000 for each of the next six years. If the discount rate is 14 percent, What is the IRR on this project? (Round answer to 3 decimal places,e.g. 15.221.) IRR %

Answers

Answer:

Explanation:

Year  Cash flow   PV factor@15%  PV@15%   PV factor@20%  PV@20%

0   (675,000)       1.000         (675,000) 1.000       (675,000)

1    195,000   0.870          169,565         0.833        162,500

2    195,000   0.756          147,448          0.694         135,417

3    195,000   0.658          128,216          0.579         112,847

4    195,000   0.572           111,492           0.482         94,039

5    195,000   0.497           96,949           0.402         78,366

6    195,000   0.432           84,304           0.335         65,305

                                  NPV           62,974                        (26,526)

IRR = Lower rate + Difference in rates*(NPV at lower rate)/(Lower rate NPV-Higher rate NPV)

       = 15% + 5%*(62974/(62974 + 26526)  

       = 18.52%  

Therefore, The IRR on this project is 18.52%

Which of the following statements is true concerning hedge accounting?Hedges of foreign currency firm commitments are used for current sales or purchases.
Hedges of foreign currency firm commitments are speculative in nature.
Hedges of foreign currency firm commitments are used for future sales or purchases.
Hedges of foreign currency firm commitments are used for future purchases only.
Hedges of foreign currency firm commitments are used for future sales only.

Answers

Hedges of foreign currency firm commitments are used for future sales or purchases.

hedge accounting

Hedge accounting is a form of accounting in which inputs to change a security's fair value and its opposing hedge are regarded as one. Hedge accounting seeks to mitigate the volatility caused by the frequent adjustment to the value of a financial instrument, also known as fair value accounting or mark-to-market. This volatility is decreased by merging the instrument and the hedge into a single entry, which offsets the movements of the opposite. Hedge accounting adjusts the fair value of a securities and its opposing hedge with a single entry.

To know more about hedge accounting visit the link

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A furniture factory produced 1600 standard chairs in eight days. If the factory employed five workers, what was the labor productivity, in chairs per worker per day? A. 40 B. 100 C. 5O D.20 E. 80

Answers

Answer:

A. 40

Explanation:

Calculation for what was the labor productivity, in chairs per worker per day

Using this formula

Labor productivity per day =Company Per day output/ Number of labor

Let plug in the formula

Labor productivity per day= 1600/8 days×5 workers

Labor productivity per day=1,600/40

Labor productivity per day= 40

Therefore the Labor productivity per day will be 40

Cortez Company is planning to introduce a new product that will sell for $108 a unit. The following manufacturing cost estimates have been made on 20,000 units to be produced the first year; Manufacturing overhead costs have not yet been estimated for the new product, but monthly date on total production and overhead costs for the post 24 months have been analyzed using simple linear regression. The following results were derive from the simple regression and provide the basis for overhead cost estimates for the new product. What percentage of the variation in overhead costs is explained by the independent variable? 82.8% 91.1% 99.4% 74.5% None of the above. What is the total overhead cost for an estimated activity level of 60,000 direct labor-hours? $410,000.
$420,000.
$400,000.
$430,000.

Answers

Question: What percentage of the variation in overhead costs is explained by the independent variable

Answer: 82.8%

Explanation:

R^(2) = 0.848 (84.8%), the explanation of variation in Y from the X regress

Question: What is the total overhead cost for an estimated activity level of 60,000 direct labor-hours

Answer: $410,000

Explanation:

The equation resulting from this regression analysis is:

Total overhead = Estimated fixed cost + Estimated variable cost per labor hour x Labor hours

= Intercept estimate + Coefficient estimate on independent variable x 60,000 DLH

= 110000 + 5 x 60000 DLH

= 110000 + 300000

= 410000

Here is the full question with the appropriate tables.

Cortez Company is planning to introduce a new product that will sell for $108 a unit. The following manufacturing cost estimates have been made on 20,000 units to be produced the first year;

Direct Materials                     $700,000                                                              

Direct Labor                           $720,000    (= $18 per hour × 40,000 hours)    

Manufacturing overhead costs have not yet been estimated for the new product, but monthly date on total production and overhead costs for the post 24 months have been analyzed using simple linear regression. The following results were derive from the simple regression and provide the basis for overhead cost estimates for the new product.

                     Simple Regression Analysis  Results.                                          

Dependent  variable-Factory overhead cost-Independent Variable-Direct labor hours Computed values                                                                          

Intercept                                                                             $ 120,0000              

Coefficient on independent variable                               $ 5.00                        

Coefficient of correlation                                                   .920                          

R²                                                                                         .828                          

What percentage of the variation in overhead costs is explained by the independent variable? 82.8% 91.1% 99.4% 74.5% None of the above.

What is the total overhead cost for an estimated activity level of 60,000 direct labor-hours?

$410,000.

$420,000.

$400,000.

$430,000.

Answer:

R² = 82.8%

$420,000

Explanation:

Given that:

R² = .828

The percentage of the variation in overhead costs explained by the independent variable in Y from the X regressor = (.828)/(100)%%

= 82.8%

Given that:

direct labor-hours = 60,000

To calculate the Total overhead cost; we have:

(Total overhead) to be = Estimated fixed cost + estimated variable cost per  

                                        labor hour × labor-hours

                                      = Intercept estimate + Coefficient estimate on

                                       independent  variable × 60,000 direct labor-hours

                                      = $120,000 + ($5 × 60,000) direct labor-hours

                                      = $120,000 + $300,000

                                      = $420,000

∴  the total overhead cost for an estimated activity level of 60,000 direct labor-hours = $420,000.

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