Answer:
In surrounding the appropriate response, it is accepted that units are 1000 of the request.
In this manner complete commitment would be:
Sales = 49950
Variable Costs = 10500
Variable Selling Exp = 18250
Contribution = 21200
Since client is demanding to keep commitment at certain level, it wont be advantageous for the organization since organization wont gain same measure of $ 21200 as commitment in such circumstance when it needs to pay $ 5000 extra for the custom discharge despite the fact that selling costs would be eliminated and figures would be this way:
Sales = 23320
Variable Costs = 10500
Variable Selling Exp = 0
Contribution = 12820
Part 1: Accounting issues:
- This would present bookkeeping dilemma to report deals at not exactly the value charges to different clients
- There would be accounted for misfortune if request acknowledged
Moral issues:
- Different clients would feel off-base as we would be caring a lot more significant expense to them
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Representatives may likewise be snorted in light of the fact that additional time charges may not make up for the time went through with the family
Answer:
The answer is option (A) The transformation of an idea into a new product or process.
Explanation:
An invention can be described as the procedure which an idea is transformed into a process or new product. An invention can also be the recombination and modification of an existing product or process
The first step in inventing a product is to have an idea of what the product is and the problems that it would solve. Subsequent steps include patenting the Invention and making the invention a reality.
Answer: false
Explanation:
Relationship marketing looks at using customer service and quality of service as benchmarks in the companies marketing activities. They are developed at looking at lifetime relationship with clients. They are not about low price, convenience, packaging, or similar inducements now, these are factors for gaining a new client.
Answer:
Comparative advantage.
Explanation:
Comparative advantage in economics is the ability of an individual or country to produce a specific good or service at a lower opportunity cost better than another individual or country.
The comparative advantage gives a country a stronger sales margin than their competitors as they are able to sell their specific products or render their peculiar services at a lower opportunity cost.
In 1817, David Ricardo who is an english political economist talked about the law of comparative advantage in his book “On the Principles of Political Economy and Taxation." Also, the principle of comparative advantage states that, nations (countries) can become better off than their contemporaries through the process of specializing in what they know how to produce or do best.
This simply means that, any country applying the principle of comparative advantage, would enjoy an increase in output and consequently, a boost in their Gross Domestic Products (GDP).
In general, individuals and nations should specialize in producing those goods for which they have a comparative advantage.
Answer:
See the explanation below.
Explanation:
Fair value of expired option = 60,000 * $1 * 10% = $6,000
Journal entries will be as follows:
<u>Details Dr ($) Cr ($) </u>
Paid-in capital - stock options 6,000
Paid-in capital - expiration to stock options 6,000
<u>
</u><em><u>To record the expiration of stock option </u></em>
