Marketers must balance the price of their product or service with the value it offers to the customer. It must take into account the cost of manufacturing and delivering the product, the competitive environment and the customer's willingness to pay for it.
They also need to consider how the price of the product or service affects their brand and the impact it has on their profitability. Prices that are too high can lead to low sales, while prices that are too low can reduce profits and devalue the product. By understanding the customer's needs, the competitive landscape, and the cost of delivering the product, marketers can ensure that price balances product value.
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Successful price element balancing for marketers involves understanding costs, consumer's willingness to pay and profit margin. This helps in offering a price that is attractive to customers yet profitable for the company.
Explanation:To be successful with the price element, marketers must balance the cost that it takes to produce a product and the amount that consumers are willing to pay for it. This involves understanding the competitor's pricing, the perceived value of the product in the consumer's eyes, and the company's desired profit margin. Therefore, the marketer's balance should be between cost, consumer's willingness to pay, and profit margin.
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Which stage in the product life cycle often sees a business spending a lot of
money on advertising?
A. Introduction
B. Maturity
C. Decline
D. Growth
Answer:
INTRODUCTION
option A
Explanation:
a monopoly that can perfectly price discriminate has a marginal revenue curve that is _____ the demand curve for the good that the monopoly produces. if a monopoly can perfectly price discriminate, it produces _____ deadweight loss.
The marginal revenue curve of a monopoly with perfect price discrimination is steeper than the demand curve. A monopoly doesn't cause any deadweight loss if it can properly price discriminate.
What impact does perfect pricing discrimination have on revenue?The monopolist will continue to produce until marginal cost matches the price of the good because under perfect price discrimination, the marginal revenue curve corresponds with the market demand curve.
What happens when pricing discrimination is perfect?The effects of perfect price discrimination: more will be produced than a single-price monopolist (Qp=MC), certain consumers will pay higher prices than they would have otherwise (Pm), while other consumers will pay lower prices.
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Describe the three different ways the argument section of a cover letter can be formatted.
Answer:
i think they are personal, formal and informal
Explanation:
im not sure but i think thats it
The three different ways for formatting the argument section of a cover letter are paragraphs, bullet points, and T-form.
The formal paragraph format uses the block paragraphs ideal for a business letter, wherein the argument of the cover letter is presented in the second and third paragraphs in complete sentences.
The bullet points format lists the argument of the cover letter as bulleted points instead of in paragraph form. Using bullet points focuses on the applicant's qualifications, making them attractive to the reader.
Lastly, the argument section of the cover letter can be presented in a T-form. This format enables the applicant to compare the requirements of the vacancy notice with their qualifications.
Thus, the argument section of a cover letter can be formatted uniquely, depending on the occasion and the reader.
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The unemployment rate may underestimate the true extent of unemployment if:
A. many part-time employees would like to work full-time, but are unable to get the additional work.
B. employees increase the number of hours they work overtime.
C. there are a large number of people working in the underground economy.
D. any of the above may cause the underestimation.
The unemployment rate might misjudge the genuine degree of unemployment if there are an enormous number of individuals working in the underground economy.
unemployment insinuates the number of people who expected to work and are looking for work but searching for a productive business.
As of now, as brief worker satisfies the condition of being prepared to work they are associated with the business rate even though they are used for several hours.
Furthermore, a worker who necessities to work could become deflected in light of being up close and personal or mental clarification may not look for work eventually. In any case, are associated with the business speed of the economy.
Hence option (C) is correct.
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If inflation is currently low but policymakers believe inflation will rise over the next two years with an unchanged stance of monetary policy. What should they do to prevent the inflationary surge?
Policymakers can increase interest rates, sell government bonds, reduce money supply, speak to the public to prevent inflationary surge.
If inflation is currently low but policymakers believe inflation will rise over the next two years with an unchanged stance of monetary policy, they can take the following steps to prevent the inflationary surge:
Increase interest rates. One of the most effective ways to combat inflation is to raise interest rates. This makes it more expensive for businesses and consumers to borrow money, which slows down economic activity and reduces demand for goods and services.
Sell government bonds. Another way to tighten monetary policy is to sell government bonds. This increases the supply of bonds in the market, which drives down their prices and raises interest rates.
Reduce the money supply. The central bank can also reduce the money supply by selling assets, such as Treasury bills, from its balance sheet. This reduces the amount of money available in the economy, which also helps to raise interest rates.
Quantitative easing. Quantitative easing (QE) is a monetary policy whereby the central bank buys government bonds or other assets with newly created money. This increases the money supply and can help to lower interest rates.
Speak to the public. The central bank can also use its communication channels to signal its intentions to the public. This can help to manage expectations and prevent inflation from rising.
It is important to note that these are just some of the steps that policymakers can take to prevent an inflationary surge. The specific measures that are used will depend on the specific circumstances of the economy.
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this morning you purchased a stock that just paid an annual dividend of $2.30 per share. you require a return of 9.6 percent and the dividend will increase at an annual growth rate of 3.2 percent. if you sell this stock in three years, what will your capital gain be?
The capital gain from selling the stock in three years is expected to be $8.37.
To calculate the capital gain from selling the stock in three years, we first need to determine the expected future dividends for each year. We can use the dividend growth rate of 3.2% to estimate these values.
Year 1 dividend = $2.30 x (1 + 3.2%) = $2.37
Year 2 dividend = $2.37 x (1 + 3.2%) = $2.44
Year 3 dividend = $2.44 x (1 + 3.2%) = $2.51
Next, we can use the dividend discount model to calculate the expected stock price in three years, which is the present value of the expected future dividends and the expected future selling price of the stock.
Expected stock price in year 3 = [($2.51 x (1 + 3.2%) / (9.6% - 3.2%)] + ($2.51 / (1 + 9.6%)^3)
Expected stock price in year 3 = [$2.59 / 0.064] + ($2.51 / 1.316)
Expected stock price in year 3 = $40.47 + $1.91
Expected stock price in year 3 = $42.38
Finally, we can calculate the capital gain by subtracting the purchase price from the expected selling price.
Capital gain = Expected selling price - Purchase price
Capital gain = $42.38 - Purchase price
We don't know the purchase price, but we can use the dividend discount model to solve for it:
Purchase price = ($2.30 / (9.6% - 3.2%)) + [$2.37 /\((1 + 9.6%)^1]\) + [$2.44 /\((1 + 9.6%)^2]\)+ [$2.51 /\((1 + 9.6%)^3]\) + ($42.38 /\((1 + 9.6%)^3)\)
Purchase price = $34.01
Now we can calculate the capital gain:
Capital gain = $42.38 - $34.01
Capital gain = $8.37.
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Katie, a researcher, submits a document to Sayeed, the marketing manager of GK Corp. The document serves as a written contract between Katie and Sayeed and lists the activities that will be undertaken by Katie to develop the needed information for the research, the research deliverables, how long it will take, and what it will cost. In this scenario, Katie has most likely submitted ________.
What Katie has likely submitted to to Sayeed is known as a research proposal.
What is a research proposal?This is a structured document that is used to state the reasons that a person wants to conduct a research.
The research proposal also tells the reading the reason why it is going to be worthy to research in the area.
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severely affecting the health of miners, workers and surrounding communities.
Mining operations can have detrimental effects on the well-being of miners, workers, and communities living in close proximity.
The process of mining can result in environmental contamination through the release of harmful substances such as heavy metals and chemicals, which can contaminate water sources and pose health risks to nearby communities. Additionally, the dust, noise, and vibrations produced during mining activities can lead to respiratory issues, hearing loss, and other health complications for both workers and residents in the vicinity. Furthermore, the use of heavy machinery and explosives increases the potential for accidents and injuries among workers and nearby communities. To mitigate these risks and safeguard human health and the environment, it is imperative to enforce stringent regulations and implement robust safety measures in mining operations.As a result, implementing stringent regulations and safety protocols becomes imperative in order to mitigate these risks effectively and safeguard the well-being of individuals and the environment.
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Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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Manufacturers, retailers, and service providers have created and maintain websites, blogs, and _________ to enable customers to interact with them over the internet.
Manufacturers, retailers, and service providers have created and maintain websites, blogs, and social media presence to enable customers to interact with them over the internet.
What is digital marketing?This is when organizations or companies advertise their products over the internet. Here, products and services are digitally advertised and are used for the popularity and promotion. Internet and digital space are involved in the promotion.
In other words, it refers to the advertising of items or services by utilizing computerized channels so that buyers can buy a company's product. The key goal is to advance brands through different types of computerized or digital media.
It is to be noted that digital marketing reaches out out beyond internet marketing to incorporate channels that don't require the utilization of the web or internet.
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59
C
Which results are more likely for someone without personal finance skills? Select three options.
larger long-term credit or loan costs
less preparation for emergencies
fewer utility expenses
simple long-term investment strategies
increased long-term challenges
Answer:
A). larger long-term credit or loan costs
B). less preparation for emergencies
E). increased long-term challenges
Explanation:
The outcomes that are likely to occur for someone who doesn't possess the skills associated with personal finance would be 'increased costs of the loan and long-term credits' which may lead to losses, 'little or no preparation for dealing with the emergency situations' that occur in a business, and 'enhanced challenges in long-term' as there is no preparation or knowledge present to overcome the situation. While a person having such skills would be more confident and prepared about the future as he has plans and preparedness in his mind and therefore, he takes decisions thoughtfully and is less probable to undergo any challenges.
Your mutual fund was valued at $237,500. It has lost 6% per year for the last 3 years. What is its value today?
Answer:
$197,263.7
Explanation:
The current value can be found by use of the compound interest formula. Since the asset has been losing value at 6 % per year,
the interest rate will be -6%
The formula for compound interest is FV = PV × (1+r)^n
in this case
FV= current value
PV= $237,500
r= -6% or -0.06%
n= 3 years
Fv= $237, 500 x ( 1 + (-0.06)^3
Fv=$237,500 x (0.94)^3
Fv= $237,500 x 0.830584
Fv= $197,263.7
The current value =$197,263.7
If a firm's marginal revenue is below its marginal cost, an increase in production will usually: a. increase profits. b. leave profits unchanged. c. decrease profits. d. increase marginal revenue.
Answer:
D. increase marginal revenue
Explanation:
If marginal revenue is less than marginal cost then they are producing too much product and need to decrease production until marginal cost and marginal revenue are equal.
Which of the following is one of the seven steps organizations go through when considering a major training initiative?
A. Acquire resources
B. Hire employees
C. Review regulations
Answer:
A. Acquire resources
Explanation:
The following is one of the seven steps organizations go through when considering a major training initiative is to acquire resources. The correct option is a.
What are resources?Resources refers to all the materials available in our environment which are technologically accessible, economically feasible and culturally sustainable and help us to satisfy our needs and wants. Resources can broadly be classified upon their availability — they are classified into renewable and non-renewable resources.
They can also be classified as actual and potential on the basis of the level of development and use, on the basis of origin they can be classified as biotic and abiotic, and on the basis of their distribution, as ubiquitous and localised. An item becomes a resource with time and developing technology. The benefits of resource utilization may include increased wealth, proper functioning of a system, or enhanced well-being.
From a human perspective, a natural resource is anything obtained from the environment to satisfy human needs and wants.
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Which of the following describes buying insurance? (1 point)
O The premium is a cost that would be higher if the likelihood of the loss were lower.
O A premium is a benefit that the insured receives from the insurer.
O A premium is a cost that increases if the risk of a financial loss increases.
O A copayment is a benefit that might increase if the premium is decreased.
When purchasing insurance, a premium is a cost that rises as the likelihood of a monetary loss increases.
Is purchasing insurance a risky endeavour?The right response is transfer, the risk is transferred to the insurance business when an investor, in this situation, purchases an insurance cover. This indicates that the insurance company will compensate the insured should the risk covered by the policy materialise. Consequently, purchasing insurance is a method of transferring risk.
What does the definition of an insurance premium mean?the monthly premium you pay for health insurance. You typically have to pay a deductible, copayments, and coinsurance in addition to your premium for your health care.
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is farmer and the world market is perfectly competitive. the market price is $ a . sells a week and marginal cost is $ a . is maximizing profit? why or why not?
What is a perfectly competitive market? A perfect competition market is a market with numerous sellers, buyers, and products with zero or no barriers to entry.
There are various other assumptions, such as product homogeneity, complete information, etc., but these are the most important. A perfectly competitive market is one in which all market players are price-takers, implying that no single player has control over the price of the commodity they produce or sell, allowing the product to sell at the equilibrium price.How to determine whether the farmer is maximizing his profit?The farmer will be maximizing his profit if the total revenue is more significant than the total cost.
To illustrate this, we can use the formula, Total Revenue (TR) = Price (P) x Quantity (Q)Total Cost (TC) = Fixed Cost (FC) + Variable Cost (VC)Profit (Π) = TR - TCTo maximize profit, the farmer must keep producing as long as his marginal revenue (MR) is greater than or equal to his marginal cost (MC). Marginal cost refers to the additional cost incurred while producing one more unit of a product. Therefore, the farmer will maximize his profit if his total revenue (TR) is more significant than his total cost (TC).
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[15 POINTS] Which negative quality does Deborah exhibit? Deborah believes that people of other nationalities are inferior to her. She treats them with disdain and does not miss an opportunity to abuse them. Deborah is a (BLANK) .
Answer:
rasit
Explanation:
i got it right on plato have a nice day!
Deborah is Xenophobic. Xenophobic are those who fear or hate those who have different nationalities, race, language etc.
XenophobiaIt is the fear and hatred for people who are percieved as aliens to the xenophobic person's culture, nation, language, race etc. Since Deborah view other nationalities as inferior, and treats them with disdain and abuse, it suggest that she hates people who, she thinks, are alien to her nationality. Therefore, the negative quality Deborah exhibit is the Xenophobia.
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The general ledger account for Accounts Receivable shows a debit balance of AED 50,000 . The Allowance for Doubtful Accounts has a credit balance of AED 1.000. If management estimates that 5% of Accounts Receivable will prove uncollectible, Bad Debts Expense would be recorded for A. AED 1,500. B. AED 2.540. C. AED 2.500. D. AED 3,500 .
Bad Debts Expense would be recorded for C AED 2,500. This amount is calculated by multiplying the estimated percentage of uncollectible accounts (5%) by the Accounts Receivable balance (AED 50,000) minus the credit balance in the Allowance for Doubtful Accounts (AED 1,000).
To determine the amount of Bad Debts Expense, we need to calculate the estimated uncollectible amount based on the given information. The Accounts Receivable balance of AED 50,000 represents the total amount owed to the company by its customers. The Allowance for Doubtful Accounts is a contra-asset account used to estimate and offset the potential losses from uncollectible accounts. In this case, it has a credit balance of AED 1,000.
To estimate the Bad Debts Expense, we multiply the estimated percentage of uncollectible accounts (5%) by the net Accounts Receivable balance. The net balance is calculated by subtracting the credit balance in the Allowance for Doubtful Accounts (AED 1,000) from the Accounts Receivable balance (AED 50,000). 5% of AED 49,000 (AED 50,000 - AED 1,000) equals AED 2,450. However, since the options provided are rounded, the closest amount is AED 2,500. Therefore, Bad Debts Expense would be recorded for AED 2,500 in this scenario.
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tina offered to serve as the organizer for the sustainability committee's organizational meetings. she decided to have anyone who was interested join her for an open forum, where they could help define the group's mission, identify problems, and brainstorm some actions that they could take to help the campus go green. what leadership style was tina using?
Tina offered to serve as the organizer for the sustainability committee's organizational meetings The leadership style tina uses is participative.
“The movement of leading a collection of human beings or an employer.” it truly is how the Oxford Dictionary defines leadership. In easy words, management is about taking risks and tough the status quo. Leaders motivate others to attain something new and better.
They are critical skills to have due to the fact a good chief is capable of deliver out excellent capabilities in his/her crew contributors and inspiring them to work together in reaching a shared aim. a terrific leader is likewise prepared and continues the group on the course and is centered to avoid delays.
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Which best describes the facilities involved in the Healthcare cluster?
Some facilities are privately owned, some are funded and run by the government, and some are run by nonprofit organizations.
Some facilities are privately owned businesses that are owned by people who want to make money, and some facilities are nonprofit hospitals.
Most facilities are funded by taxes and run by the government, while a small few are privately owned facilities run by people who want to make money.
Many facilities are nonprofit clinics with the rest of the facilities owned and operated by private individuals to make a profit.
Answer:
Some facilities are privately owned, some are funded and run by the government, and some are run by nonprofit organizations.
Explanation:
The Healthcare cluster has healthcare operators such as doctors, nurses, pharmacists, and paramedics. The cluster is about the provision of health care services to the public. Facilities in the health care cluster include hospitals, clinics, health centers, chemists, pharmacies, nursing homes, medical laboratories, and many others.
The facilities in this cluster are owned and operated by different groups. The government funds and manages public health care facilities. Non-profit making organizations such as churches and other donors also own facilities that offer health care services. Private entrepreneurs are also in the health service business.
Answer:
A
Explanation:
what is spam?
A unauthorized email featuring anonymous threats
B unauthorized email asking for sensitive information
C unauthorized email advertising services and events
D unauthorized email accidentally sent to the wrong address
TRUE/FALSE. employees that are not performing well will do better when they have a fixed set of coworkers, as opposed to a continually changing group of employees.
FALSE,
Employees that are not performing well may not necessarily do better when they have a fixed set of coworkers compared to a continually changing group of employees. The performance of an employee is influenced by various factors, and the stability or variability of their coworkers is just one aspect.
While a fixed set of coworkers can provide a sense of familiarity and establish stronger working relationships, it does not guarantee improved performance for underperforming employees. The performance of an individual depends on their own skills, motivation, work environment, management support, and other factors.
Introducing a continually changing group of employees can bring fresh perspectives, diverse skills, and new ideas into the work environment. It can stimulate creativity and innovation, potentially leading to improved overall performance. Additionally, exposure to different team members can enhance adaptability, collaboration, and the development of a broader skill set.
Therefore, the impact of a fixed set of coworkers or a continually changing group on the performance of underperforming employees cannot be generalized. The key lies in addressing the underlying issues that contribute to poor performance and providing appropriate support, training, and resources to help employees improve their performance, regardless of the stability of their coworkers.
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refer to figure 6-6. which of the following price floors would be binding in this market?
$12 price floors would be binding in this market
The lowest price that can be legitimately charged for a good or service is known as a price floor. The minimum wage, which is founded on the idea that someone working a full-time job should be able to afford a basic level of living, is possibly the best-known example of a price floor. Price floors occur when the amount charged exceeds or falls short of the equilibrium price set by supply and demand in the market. Lower price floors have been demonstrated to be unsuccessful through observation. It has been discovered that the price floor is crucial in the labor-wage market.
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All of the following are characteristics of a good screen test except?a. Should be comprehensive b. Users do not participate at this preliminary stage c. Every statement should be executed d. Expected output from the module's execution should be determined manually
Option -B : Users do not participate at this preliminary stage are except characteristics of a good screen test .
A quality screen test should be thorough, which means it should cover every significant component of the programme module under evaluation. In order to completely test the code and find any faults or problems, it should also make sure that every statement is run. The expected output from the module's execution should be established, either automatically or manually, in order to analyse and compare the test results to the anticipated results.
User involvement is a crucial component of software testing and need to be integrated as early as feasible in the development cycle.
Participating users in testing may offer insightful feedback and aid in finding any problems that can negatively affect the user experience.
Participating users in testing can also assist to increase trust .
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explain processes of distribution channels in economics
Answer:
Distribution channels in economics refer to the various intermediaries that are involved in the movement of goods and services from the producer to the final consumer. These intermediaries play a critical role in ensuring that products reach the end-users in the most efficient and effective manner possible.
The following are the processes involved in distribution channels in economics:
1. Producer: The first step in the distribution channel is the producer. The producer is the entity that creates the product or service. The producer may be a manufacturer, a farmer, or a service provider.
2. Wholesaler: The next step in the distribution channel is the wholesaler. The wholesaler buys products in bulk from the producer and then sells them to retailers. Wholesalers are often used when the producer cannot sell directly to retailers due to logistical or other reasons.
3. Retailer: The retailer is the next step in the distribution channel. The retailer buys products from the wholesaler or directly from the producer and then sells them to the final consumer. Retailers are often used when the producer cannot sell directly to the final consumer due to logistical or other reasons.
4. Consumer: The final step in the distribution channel is the consumer. The consumer is the end-user of the product or service. The consumer buys the product or service from the retailer.
5. Logistics: Logistics is an important process in the distribution channel. Logistics involves the movement of products from the producer to the retailer or directly to the consumer. Logistics includes transportation, storage, and delivery.
6. Marketing: Marketing is another important process in the distribution channel. Marketing involves promoting the product or service to potential consumers. Marketing includes advertising, public relations, and sales promotions.
7. After-sales service: After-sales service is the final process in the distribution channel. After-sales service involves providing support and assistance to consumers after they have purchased the product or service. After-sales service includes warranties, repairs, and customer service.
In conclusion, the distribution channel is a critical component of the economy. It ensures that products and services reach the end-users in the most efficient and effective manner possible. The various processes involved in the distribution channel include the producer, wholesaler, retailer, consumer, logistics, marketing, and after-sales service.
how much cash is paid to acquire inventory during year 2021? 2. how much cash is paid for operating expenses (excluding depreciation) during year 2021? hint: examine prepaid expenses and wages payable.
Adjusting accounts payable (AP) from the balance sheet and cost of goods sold (COGS) from the income statement for inventory movements are used to calculate the cash paid to suppliers for purchases related to inventory.
What is the formula for inventory?The cost of goods sold (COGS) is the first step in determining the starting inventory. Then, add the worth of the latest consummation stock and afterward deduct the cash spent on new stock buys. The formula is purchases minus (COGS plus ending inventory).
How is inventory credit calculated?By dividing the average amount of inventory you have in stock over a given time period by the cost of goods sold, this ratio can be calculated. Better is the ratio that is higher. If your ratio is high, you have a high turnover rate and do not regularly have surplus inventory on hand.
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18Received a report from the treasurer that Blue Runner Sports Dealers, one of our customers, has declared bankruptcy. Wrote off the balance owed to Hydro Paddle Boards, Inc. by Blue Runner Sports Dealers.
18 Sold and shipped Job No. 1405 to the appropriate customer. Refer to that job’s Cost Record for the total cost of the job to determine the selling price. The customer is not expected to pay within the discount period.
22 Purchased $22,964.32 of direct materials from K.C. Epoxy Supply Company, credit terms net 30 days.
Jan 22 Accepted a job for the manufacture of 28 units R2 (Racing 2) custom stand-up paddle (SUP) boards for Four Oceanic Designers. The promise date is January 31. The company began the job today, applying $5,936.20 of direct materials to Job No. 1408. (Materials Requisition No. 1686)
Jan. 24 Paid GT Matrix Corporation the amount due today from the January 9 purchase.
25 Applied $3,570.00 of direct labor to Job No. 1402, which will complete the job. (Time Ticket No. 262)
Applied factory overhead using the appropriate rate.
Transferred the completed job to the finished goods account.
26 Sold and shipped Job No. 1402 to the appropriate customer. Refer to that job’s Cost Record for the total cost of the job to determine the selling price. Record the sale net of the 1% discount.
26 Applied $7,580.00 of direct labor to Job No. 1408, which will complete the job. (Time Ticket No. 264)
Applied factor overhead using the appropriate rate.
Transferred the completed job to the finished goods account.
29 Sold and shipped Job No. 1408 to the appropriate customer. Refer to the Job Cost Record for the total cost of the job for billing purposes. Record the sale net of the 1% discount.
29 Paid D H2O Corp. the amount due in payment of the January 1 balance.
29 Received a check from HP SUP, Inc. for the amount due after the discount period has expired.
29 Paid Post Office $1,850.00 for postage added to postage meter. Expense this amount.
29 Paid Telephone Company $1750.00 for January phone service.
29 Paid Island Signs & Advertising Company $2,570.00 for designing ads for our Internet website.
29 Paid Atlantic Power and Light Company $9,600.00 for heat, power, and light. Allocate 25% of this amount to Electricity Expense and 75% to Factory Overhead.
31 Applied $2,800.00 of direct labor to Job No. 1404. (Time Ticket No. 266)
Applied factory overhead using the appropriate rate. This job will not be completed until February.
31 Applied $9,440.00 of direct labor to Job No. 1407. (Time Ticket No. 268)
Applied factory overhead using the appropriate rate. This job will not be completed until March.
The company received a report from the treasurer that Blue Runner Sports Dealers has declared bankruptcy and the company wrote off the balance owed to Hydro Paddle Boards.
The company also accepted a job for the manufacture of 28 units R2 custom stand-up paddle (SUP) boards for Four Oceanic Designers on January 22 and began the job on the same day, applying $5,936.20 of direct materials to Job No. 1408. The company also paid GT Matrix Corporation the amount due today from the January 9 purchase on January 24 and applied $3,570.00 of direct labor to Job No. 1402 on January 25, which completed the job. The company also sold and shipped Job No. 1402 on January 26 and applied $7,580.00 of direct labor to Job No. 1408 on the same day, which will complete the job. The company also sold and shipped Job No. 1408 on January 29 and paid D H2O Corp. the amount due in payment of the January 1 balance. The company also received a check from HP SUP, Inc. for the amount due after the discount period has expired and paid Post Office $1,850.00 for postage added to postage meter. Additionally, the company paid Telephone Company $1750.00 for January phone service, Island Signs & Advertising Company $2,570.00 for designing ads for the Internet website, and Atlantic Power and Light Company $9,600.00 for heat, power, and light. Lastly, the company applied $2,800.00 of direct labor to Job No. 1404 and applied factory overhead using the appropriate rate, and this job will not be completed until February. The company also applied $9,440.00 of direct labor to Job No. 1407 and applied factory overhead using the appropriate rate, and this job will not be completed until March.
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How important is money
Answer:
very important
Explanation:
money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.
An electronics store sells specialty headphones for $100. They usually sell 5
pairs per day and purchase 150 pairs from their suppliers per month.
According to the law of supply, which outcome would be most likely if the
store could sell the headphones for $120 without losing customers?
A. The store would purchase 175 pairs per month,
B. The store would sell 3 pairs per day.
C. The store would sell 7 pairs per day,
D. The store would purchase 100 pairs per month.
D. The store would purchase 100 pairs per month
As the electronics store sells specialty headphones for $100. They usually sell 5 pairs per day and purchase 150 pairs from their suppliers per month. According to the law of supply, if the store could sell the headphones for $120 without losing customers then it would have to sell 7 pairs per day.
What is Law of supply?
Law of supply is a fundamental principal of Economic theories. It states that keeping all the other factors at constant, an increase in the the price of the product results in the increased supply of that product.
What is the Formula of Law of Supply?Qs = x + yP
Where:
n Qs = the quantity supplied
n X = quantity
n P = price
n Y = variable
Hence option C is the correct answer.
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when members of a social media community help each other solve problems with a product, to which primary value chain activity are they contributing?
In the course of using a product, we might sometimes encounter problems in the process. So, when members of a social media community help each other solve problems with a product, they are contributing to;
Customer ServiceCustomer service refers to the act of rendering assistance to customers before, during, and after their purchase of a product.
When they have inquiries about certain products and the way they are used, any help rendered to them translates to customer service and this is a primary value chain activity.
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