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1 year ago

Target costing sets costs based on the price that customers are willing to pay.

Business

1 answer:

Alisiya [41]1 year ago

6 0

It is False that Target costing sets costs based on the price that customers are willing to pay.

Because target costing estimates product cost by subtracting a desired profit margin from a competitive market price. As the target cost makes reference to the competitive market, it is fundamentally customer-focused and an important concept for new product development.

Costing is any system for assigning costs to an element of a business.

Competitive is most commonly used to describe a person who has a strong desire to compete and win.

Development is the act, process, or result of developing the development of new ideas an interesting development in the case.

To know more about the Costing here

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An event management company is considering the position of head of customer relations. Among the group leaders, Ms Hoa Mr Lam ar

svetlana [45]

Answer:

ms Hoa

Explanation:

Ms Hoashould be chosen because she is an agile active person who has extensive relationships with customers and because the company is looking for a person to head the customer relations department she is better candidate than mr Lam

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2 years ago

Read 2 more answers

A plant asset cost $160000 and is estimated to have a $16000 salvage value at the end of its 4-year useful life. The annual depr

vladimir1956 [14]

Answer:

$20,000

Explanation:

For computing the depreciation expense, first we have to determine the first and second year depreciation which are shown below:

First we have to find the depreciation rate which is shown below:

= One ÷ useful life

= 1 ÷ 4

= 25%

Now the rate is double So, 50%

In year 1, the original cost is $160,000, so the depreciation is $80,000 after applying the 50% depreciation rate

And, in year 2, the $80,000 × 50% = $40,000

The 80,000 is come from = $160,000 - $80,000

And, in year 3, the $40,000 × 50% = $20,000

The 40,000 is come from = $80,000 - $40,000

8 0

3 years ago

Dale, a design engineer at a machinery manufacturing company, prepares a plan with a detailed estimate of the overheads and reso

Tasya [4]

Answer: Single-use plan

Explanation:

Single use plan is one of the method that helps in addressing the different types of organizational situation that helps in achieving the specific goals of the firm.

The budget, program, strategy and also the projects are the different types of single use planning process.

According to the given question, Dale is one of the design engineer in the manufacturing organization and dale is used to preparing the various types of plans with the proper resource and the overhead estimation.

Therefore, The dale is preparing the single use plan.

6 0

2 years ago

Strategic behavior is required to win a presidential election. For each example below, indicate if it is a rule, strategy, or pa

rosijanka [135]

Answer:

The Guidelines for how votes are counted and who can vote is a rule, it is backed up by the constitution as a way of directing the masses.

Choosing to campaign in states with a large number of electoral votes or so called swing states is a strategy, this involves coming up with the best approach or means to win in an election. Going to such states is a big strategy towards securing victory.

Emphasizing different messages to different voter groups is another strategy, this entails telling each of the people things that are their most needs in a bid to convince them to vote for you. It is a strategy that has always worked.

Securing endorsements and large campaign contributions is a payoff, it is an aftermath of popular acceptance by the people.

Limits on sources of fundraising and campaign contributions is a rule established by the states to encourage fair play in the electoral system or process.

Explanation:

see Answer

4 0

3 years ago

Cartels are difficult to maintain because a. the monopoly output is very difficult to determine. b. the number of firms is alw

Ostrovityanka [42]

Answer:

The correct answer is option d.

Explanation:

Cartels are generally formed in oligopoly markets. In such markets there are few firms which are interdependent. So, they form cartels to enjoy monopoly power.

Though cartels are generally short lived and difficult to maintain. The reason behind this is that each firm has the incentive to deviate and produce more than their quota in order to capture more market share.

So, option d is the correct answer here.

6 0

3 years ago