Which of the following is the most accurate description of a company's market share?
A) the number of shares divided by the share price
B) competitors' profit compared to the company's profit
C) company sales compared to total sales within the relevant industry
D) the market capitalization compared to outstanding shares
C
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Egerton, Inc has two processes—Coloring Department and Mixing Department
Egerton sold 350 gallons on account at $110 per gallon. The total cost of processing was $385,000 for 5,500 gallons of paint. Throughout the year, the company used a predetermined overhead allocation rate to allocate $75,000 and $65,000 of indirect costs to the Coloring Department and Mixing Department, respectively. The actual overhead cost incurred amounted to $150,000 at the end of the year. Record the necessary journal entries for the sale of goods and for adjustment of over- or underallocated manufacturing overhead at the end of the year. What will be an ideal response
Customer profitability analysis is best conducted with the tools of an accounting technique called ________
A) input-output analysis B) factor analysis C) revenue-based costing D) activity-based costing E) future date costing