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1 year ago

During which part of the Product Life Cycle would a company use a profit-oriented pricing strategy?

1 answer:

5 0

The lifespan of a product depicts how long it remains on the market, from the moment it is first introduced to consumers until it is phased out and taken off the shelves.

<h3>What is the maturity stage of the product life cycle?</h3>

Sales declined during the mature period, a sign that the market has started to become saturated. During this phase of the product life cycle, the price also starts to become competitive. The profit margins become slimmer as a result.

In most life-cycle situations, profits normally reach their greatest level during the early growth stages, but sales often reach their peak during the mature stages.

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Marker Corp. exchanged an old truck for a piece of equipment and cash on January 1st 2019. The truck was purchased at a cost of

LiRa [457]

Answer:

There is a 1,500 gain

Explanation:

we have commercial subtance so we can recognize gain/loss

these will be the numebrs of the transaction:

truck

purchase 24,000

acc depreciation 17, 000

book value 7, 000

equipment 8,000

cash 500

total 8,500

received - given up = gain/loss

8,500 - 7,000 = 1,500 gain

the journal entry would be

Equipment 8,000 debit

cash 500 debit

acc dep truck 17,000 debit

Truck 24,000 credit

gain on disposal 1,500 credit

3 0

3 years ago

Nash's trading post, llc issues 2000 shares of $10 par value common stock at $11 per share. when the transaction is recorded, cr

Natasha2012 [34]

Answer:

Credit common stock by 20,000

Credit additional paid in capital by 20,000

Explanation:

The par value of the share are $10 per share the number of shares are 2000 so initially we will credit common stock by (2000*10) = 20,000

Then we will credit the additional paid in capital by (11-10)*(2,000) =2000 as it is the additional money that we are getting on the par value.

4 0

3 years ago

John borrows $100 dollars from ed. They agree that john will pay back the loan in two months at a rate of 10 percent monthly. If

ludmilkaskok [199]

Since john pays back the amount of $120, then, the interest is known as Simple interest.

The Simple interest is the easiest method of calculating an interest rate on a loan.

However, the compound interest is entails interest derived on a loan based on initial principal and the accumulated interest over period of time

Hence, since john pays back the amount of $120, then, the interest is known as Simple interest because the interest is not accumulated.

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6 0

2 years ago

Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one uni

noname [10]

Answer:

DM variances:

Price 2650

Quantity -4,800

Labor Variances:

Rate:-2,000

Efficiency 1400

Explanation:

DM variances:

Price

(std - actual) x actual quantity

(2.4 - 2.2) x 13,250 = 2,650

Quantity

(standard quantity - actual quantity) x std price

(7.5x1,500 - 13,250) x 2.4 = -4,800

Labor Variances:

Rate:

(std rate - actual rate) x actual hours

(7 - 9) x 1,000 = -2,000

actual rate = actual cost/actual hours = 9,000/1,000 = 9

Efficiency

(std hours - actual hours) x std rate

(1,500 x 0.8 - 1,000) x 7 = 1400

7 0

3 years ago

The owner of a small color television set offers to sell it to a neighbor for $75. As the neighbor stands there thinking about t

NNADVOKAT [17]

If he was the first to say he wanted the product and the seller wants to sell it as fast as possible than yes. But not technically it would be a kind of verbal understanding and agreement.

8 0

3 years ago