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Alik [6]
3 years ago
5

A __________ is a group of products that are closely related because they satisfy a class of needs, are used together, are sold

to the same customer group, are distributed through the same types of outlets or fall within a given price range. product class product line product mix marketing category product category
Business
1 answer:
konstantin123 [22]3 years ago
4 0

Answer: product line

<span>A group of products which are closely related,  under a single brand which satisfies same needs, are used together and are sold to the same group of customers, distributed through the same company is called product line.  </span>

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Which examples demonstrate common qualifications for Quality Assurance careers? Check all that apply.
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2, 3, 6

Explanation:

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At the beginning of 2021, Terra Lumber Company purchased a timber tract from Boise Cantor for $2,950,000. After the timber is cl
Contact [7]

Answer:

depletion of the timber tract = $228,000 and

depreciation of the logging roads = $22,800

Explanation:

Timber tract

Depletion rate = (Cost - Residual Value) ÷ Estimated units

                        = ($2,950,000 - $670,000) ÷ 5,700,000

                        = $0.40

Depletion expense = Units used x Depletion rate

                                = 570,000 x $0.40

                                = $228,000

Logging Roads

Depreciation rate  = (Cost - Residual Value) ÷ Estimated units

                               = ($228,000 - $0) ÷ 5,700,000

                               = $0.04

Depreciation expense = Units used x Depreciation rate

                                     = 570,000 x $0.04

                                     = $22,800

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2 years ago
Lenny works for Mechanical Engineers, P.A. While working on a Mechanical Engineers project, Lenny is injured. Under state worker
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Answer: accidental.

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Furthermore, state compensation laws are put in place in every state to protect employees against loss of income and for medical payments because of work-related injuries, accidents, illness, or disease.

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3 years ago
Brenda is an electrician with bright light home and business. into which category of job does she best fit
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Isn't she an electrician? Please explain question more
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3 years ago
The December 31, 2021, inventory of Tog Company, based on a physical count, was determined to be $467,000. Included in that coun
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Answer:

Tog Company

a. The correct December 31, 2021 balance of Inventory is

= $592,500.

b. The error increased the cost of goods sold, thereby reducing the net income and the retained earnings.

c. Journal Entries to correct errors:

Debit 2021 Inventory $67,000

Credit 2022 Inventory $67,000

To correct the error.

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Debit Purchase $97,000

Credit Accounts Payable $97,000

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Explanation:

a) Data and Calculations:

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FOB shipping point 2021 =                28,500

December 28 FOB shipping point = 97,000

December 31, 2021 balance =     $592,500

The error would increase the cost of goods sold, thereby reducing the net income and the retained earnings.

Journal Entries to correct errors:

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b. This only affects the physical count and not the records.

c. Purchase $97,000  Accounts Payable $97,000. Both the physical count and the records were omitted.

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3 years ago
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