Answer:
The answer is: A) In a successful purchase, every stage in the process has to happen.
Explanation:
Sometimes we as customers don´t have the time or are unable to follow all the stages in the consumer decision process. Many times it depends on what need we want to satisfy. For instance, if we are hungry or thirsty we might decide to eat at the first restaurant we find. It doesn´t mean we made a bad choice, it simply happened that way because we didn´t have time to research about all the restaurants in the area and then evaluate and decide which one was the best for us. Many daily purchases are part of our daily routine. Imagine how many hours we would spend at a grocery store if we had to follow every step of the process.
On the other hand, if I´m searching for a new house, I will follow steps one through five several times, over and over again until I finally decide which house to buy.
Answer:
NEUTRALITY, COMPLETENESS AND FREE FROM ERRORS.
Explanation: IASB( International accounting standards board) is board regulating the preparation of accounting Reports or statements. It released its first framework called CONCEPTUAL FRAMEWORK in the year 1989.
The qualities of a faithful conceptual framework by IASB is to guarantee NEUTRALITY, COMPLETENESS AND ENSURE THAT THE STATEMENT IS FREE FROM ERRORS.
This framework will help to prevent disputes and manage standards in preparation of account statements.
Answer:
c. $36,070
Explanation:
contribution margin ratio is the ratio of the contribution to sales of an entity for a given period.
contribution margin ratio= contribution/sales
where contribution is the difference between sales and the variable cost
Given;
sales = $137,000
contribution margin ratio = 61% = 0.61
0.61 = contribution/$137,000
contribution = $137,000 × 0.61
= $83,570
Net operating income is the difference between the contribution and the fixed cost.
Fixed cost = $47,500
Net operating income = $83,570 - $47,500
= $36,070
Answer:
The correct option is D
Labour budget = $1,974,175
Explanation:
The labour budget is the product of the standard labour cost per unit and the budgeted production in units
Labour budget = standard labour cost× production budget in unit
The production budget can bed determined by adjusting the sales budget for closing and opening inventories.
Production budget = Sales budget +closing inventory - opening inventory
Production budget = 39,000 + 100 -200 = 38,900 units
Labour budget = $14.50× 3.5× 38,900 = $1,974,175
Labour budget = $1,974,175
Answer:
Rounded to next whole number:
N=3 kanban card sets
Explanation:
Given:
Number of gauges per hour=D=5 gauges per hour
Gauge cluster housing Transported=C=6
Hours for housing replenishment = T=2 hours
Safety Stock Percentage=P=40%
Find:
Number of kanban card sets needed=N=?
Solution:
Formula According to above mentioned Alphabets
Rounded to next whole number:
N=3 kanban card sets
