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3 years ago

Delta airlines prices its tickets so that it is less expensive to travel between midnight and 5:00

1 answer:

4 0

There are different types of pricing strategies: penetration pricing (entering the market with a low price), economy pricing (low marketing and low prices), premium pricing (when the price is higher than the competitors), psychological pricing (example $99, instead of $100), demand-based pricing (based on the demand of the customers).
Delta airlines prices its tickets so that it is less expensive to travel between midnight and 5:00
a.m. than during the day, when there is heavy business travel. this illustrates demand-based pricing.

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During the current month, Wacholz Company incurs the following manufacturing costs. Purchased raw materials of $18,000 on accoun

Allushta [10]

Answer:

A. Dr materials inventory $18,000

Cr Accounts payable $18,000

B. Dr Factory labor $40,000

Cr Factory wages payable $31,000

Cr Employer Payroll Taxes Payable $9,000

C. Dr Manufacturing overhead $15,300

Cr Prepaid Property Taxes $2,700

Cr Accumulated Depreciation-Buildings $9,500

Cr Utilities Payable $3,100

Explanation:

Preparation of the journal entries for each type of manufacturing cost.

A. Dr materials inventory $18,000

Cr Accounts payable $18,000

(Being the Purchased of raw materials on account)

B. Dr Factory labor $40,000

Cr Factory wages payable $31,000

Cr Employer Payroll Taxes Payable $9,000

(Being to record Incurred factory labor)

C. Dr Manufacturing overhead $15,300

($2,700+$9,500+$3,100)

Cr Prepaid Property Taxes $2,700

Cr Accumulated Depreciation-Buildings $9,500

Cr Utilities Payable $3,100

(Being to record Manufacturing overhead)

7 0

3 years ago

You have been pricing an MP3 player in several stores. Three stores have the identical price of $300. Each store charges 24 perc

Valentin [98]

Answer:

a. $5

b. $4

c. $6

Explanation:

a. store A?

Beginning balance = $300

Ending balance = $300 - $100 = $200

Average balance = ($300 + $200) ÷ 2 = $250

Monthly APR = 24% ÷ 12 = 2%

June finance charge = Average balance × Monthly APR = $250 × 2% = $5

b. store B

June finance charge = (Beginning balance - Payments) × Monthly APR = ($300 - $100) × 2% = $4

c. store C?

June finance charge = Beginning balance × Monthly APR = $300 × 2% = $6

8 0

3 years ago

Suppose the money supply (as measured by checkable deposits) is currently $850 billion. The required reserve ratio is 20%. Banks

Dmitrij [34]

The proposal was incidental to a plan to require gold certificate reserves be kept behind Federal Reserve notes. No.

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3 years ago

Why have nonalcoholic drinks increased in popularity, and what difficulties do bar managers face when serving alcohol

Verizon [17]

Answer:

People consumes less of alcohol and more of non alcoholic drinks.

Explanation:

Now-a days people consumes less of alcoholic drinks as non alcoholic beverages or drinks are becoming non popular day by day. People have become more health conscience and wants to remain fit. Now wonder alcohol causes a lot harm to the human health. People now are aware of the side effects of consuming alcohol.

In the recent years the life style of the people have change a lot and they they have become health conscious than before. The consumption of other non alcoholic drinks have become familiar and famous including green tea, fruit juices, goji juice and many more.

The bar managers also face difficulty in serving alcohol to people as people refuse to drink them. They are more health conscience and is aware of the fatal incidents about drunk driving. They prefer other non beverages in the bar. As a result the sale of alcohol has decreased a lot. There are also various awareness programs running against consumption of alcohol.Thus people do not drink alcohol any more and so it is difficult for the bar managers to offer alcohol to their customers.

4 0

3 years ago

Company Expenses Total Assets Net Income Total Liabilities Dreamworks $ 22,000 $ 40,000 $ 19,000 $ 30,000 Pixar 67,000 150,000 2

Luda [366]

Answer:

Expenses Total Assets Net Income Total Liabilities

Dreamworks $22,000 $40,000 $19,000 $30,000

Pixar $67,000 $150,000 $27,000 $147,000

Universal $12,000 $68,000 $5,000 $17,000

Debt ratio: Total Debt / Total Assets

Dreamworks = $30,000 / $40,000 = 0.75

Pixar = $147,000 / $150,000 = 0.98

Universal = $17,000 / $68,000 = 0.25

Financial Leverage: Asset / Equity

Dreamworks = $40,000 / (40,000-30,0000) = 4

Pixar = $150,000 / (150,000-147,000) = 50

Universal = $68,000 / (68,000-17000) = 1.33

Pixar Has the most financial leverage.

7 0

3 years ago