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miv72
3 days ago
13

Stiller Corporation incurred fixed manufacturing costs of $12,000 during 2011. Other information for 2011 includes: The budgeted

denominator level is 2,000 units. Units produced total 1,500 units. Units sold total 1,200 units. Beginning inventory was zero. The company uses absorption costing and the fixed manufacturing cost rate is based on the budgeted denominator level. Manufacturing variances are closed to cost of goods sold. Fixed manufacturing costs expensed on the income statement (excluding adjustments for variances) total:
Business
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As smartphone cameras improved, consumers turned away from traditional cameras. Polaroid lost market share and finally realized
Nady [3600]

Answer:

Dog

Explanation:

Dog products are categorized as those that currently possess a low market share along with minimal expected future growth. These products do not yield sufficient cash flow but require significant capital investments that could otherwise support cash cows or star products for better returns. Polaroid has seen a decline in its market share and is no longer in demand, indicating no predicted future growth. Thus, it is classified as a Dog product within the BCG Matrix.

8 0
2 months ago
Janet and Megan are roommates. They spend most of their time studying (of course), but they leave some time for their favorite a
marusya05 [3725]

Answer:

The opportunity cost for Janet to create a pizza amounts to 0.67 gallons of root beer, while for Megan it is 0.71 gallons of root beer.

Janet possesses an absolute advantage in pizza making, and Janet also has a comparative advantage in this activity.

When it comes to trading, Janet will exchange pizza for root beer. The price of pizza can be represented by the amount of root beer in gallons. To ensure both roommates benefit, the highest trade price for pizza is 0.71 gallons of root beer, while the minimum price allowing for mutual benefit is 0.67 gallons of root beer per pizza.

Explanation:

For Janet, the cost to produce one gallon of root beer is 3/2, which equals 1.5 pizzas. Janet's cost for making a pizza is calculated as 2/3, resulting in 0.67 gallons of root beer.

As for Megan, her cost to produce a gallon of root beer is 7/5, translating to 1.4 pizzas. Megan's cost of producing a pizza is 5/7, which equals 0.71 gallons of root beer.

Opportunity costs represent the additional expenses or benefits forfeited when electing one action or investment in place of another option. For instance, Janet can create either 1.5 pizzas or 1 gallon of root beer in a span of 3 hours, but she cannot accomplish both simultaneously; she must make a choice between the two options.

6 0
2 months ago
On January 1, 20X9, Pirate Corporation acquired 80 percent of Sea-Gull Company's common stock for $160,000 cash. The fair value
arsen [3447]

Answer:

Based on the calculations, the amount is $135,000.

Explanation:

Book value of the acquiring company's inventory before the merger = $90,000

Fair value of the acquired inventory = $45,000

Total inventory value post-business combination = $90,000 + $45,000 = $135,000

Thus, the total amount is $135,000

7 0
1 month ago
A newspaper article states with 95% confidence that 55% to 65% of all high school students in the united states claim that they
arsen [3447]

Response:

It is estimated that between 1100 and 1300 high school students in Detroit could obtain a gun if they desired to do so.

Rationale:

For the lower boundary, take 55% of 2000, which equals 0.55 × 2000 = 1100.

For the higher boundary, take 65% of 2000, equaling 0.65 × 2000 = 1300.

Therefore, the calculated range of students in Detroit who could obtain a firearm is from 1100 to 1300.

8 0
2 months ago
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