Answer:
measures the value that a buyer places on a good.
Explanation:
A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks, etc.
Willingness to pay measures the value that a buyer places on a good or product. Thus, when this value is high, the customer would ultimately buy a product and vice-versa.
Answer:
yes
Explanation:
how how do I expect somebody to solve that thing
Answer:
9,200 favourable
Explanation:
Calculation for direct materials quantity variance for last month
First step is to calculate the Standard quantity
Standard quantity = 6,800 units × 2 gallons
Standard quantity = 13,600gallons
Now let Calculate direct materials quantity variance for last month Using this formula
Direct materials quantity variance = Standard Price × (Standard Quantity - Actual Quantity)
Let plug in the formula
Direct materials quantity variance = $4 × (13,600 gallons - 11,300gallons)
Direct materials quantity variance = $4 × 2,300 gallons
Direct materials quantity variance = $9,200 favorable
Therefore The direct materials quantity variance for last month was $9,200 favourable
Answer:
<em>The transactions have been journalized in the explanation.</em>
Explanation:
Jornalization of a transaction is the listing of credit and debit transaction of a company in the order of the time that they were carried out. The journal of the transactions of Pharoah Company is contained in the attached pdf.
Answer:
Retrenchment strategy
Explanation:
Retrenchment strategy is often used in order to cut expenses with the goal of becoming a more financial stable business. A company that is reducing the scope of its activities by selling unprofitable business units or those no longer directly related to its overall aims is likely following a retrenchment strategy
The following are characteristics of Retrenchment strategy:
- designed to reduce the scale or scope of a corporation's business/ operations
- weaker competitors often resort to retrenchment when national business environments grow more competitive
- company that is closing factories with unused capacity and laying off worker sis likely following a retrenchment strategy
