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3 years ago

Which of the following is the most important role of marketing in the process selection decision?

Business

1 answer:

IRISSAK [1]3 years ago

7 0

Answer:

(C) Estimating and managing future demand.

Explanation:

Marketing is basically analyzing the demand of the consumers and then supplying it at maximum to get the maximum profit.

This involves some main steps, in which the most essential is the planning, which involves about estimating and managing the demand and then the entire plan of production, supply of commodity.

Thus, the most important step in marketing is to estimate the demand and supply, and then managing the future demand basically.

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a segregation of duties among employees always eliminates the possibility of collusion. group of answer choices true false

ozzi

Dividing tasks between employees always eliminates the possibility of collusion, but this is wrong.

Segregation of duties is important for effective internal control because it reduces the risk of errors or improper conduct. Preventing collusion helps fight fraud.

Separation of duties is an important practice to reduce the occurrence of errors and fraud by ensuring that employees do not have the opportunity to commit or conceal errors or fraud in the performance of their duties. That is internal control.

Separation of duties reduces the risk of fraud or misconduct as each affected employee has access controls and restrictions in place. Task division is delegating different steps of the process to different people to delegate important functions.

To learn more about collusion

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7 0

1 year ago

The balance sheet items of Kiner company as of December 31, current year, follow in random order

liberstina [14]

Retained Earnings = $86,000

Accounting Equation…Assets= Liabilities + Owners Equity

Assets (Cash, acct rec, equipment, building, land) = $421,000

Liabilities (Notes payable, accounts payable)= $260,000

Equity (capital stock) = $75,000

Liabilities + Equity= $335,000

Retained Earnings flows into equity

$421,000-$335,000= $86,000

$335,000+86,000= $421,000

So the equation balances.

6 0

3 years ago

5 Make versus buy, activity-based costing. The Svenson Corporation manufactures cellular modems. It manufactures its own cellula

zmey [24]

Answer:

See below

Explanation:

Expected manufacturing costs 2018:

Direct materials $170 × 10,000 = $1,700,000

Direct labor $45 per unit × 10,000 = $450,000

Variable overhead per batch 1,500 × 80 = $120,000

Fixed overhead:

Avoidable $320,000

Not avoidable $800,000

1. Calculate that total expected manufacturing cost per unit of making CMCBs in 2018

= $1,700,000 + $450,000 + $120,000 + $320,000 + $800,000

= $3,390,000

Cost per unit = $3,390,000/10,000 units

= $339 per unit

2. Svenson should keep manufacturing the CMCBs

Costs if CMCBs are purchased from Minton = ($300 × 10,000) + $800,000

= $3,000,000 + $800,000

= $3,800,000

It means that the cost of purchasing is $410,000 [ $3,390,000 - $3,800,000] higher than the cost of manufacturing.

5 0

3 years ago

Lossing Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and actual overh

aalyn [17]

Answer:

$1,287 unfavorable

Explanation:

According to the scenario, computation of the given data are as follow:-

But before that we need to calculate the following things

Total Budgeted Fixed Cost

= Supervision Fixed Cost + Utilities Fixed Cost + Factory Depreciation Fixed Cost

= $15,510 + $14,800 + $59,780

= $90,090

Budgeted Fixed Manufacturing Overhead Rate

= Total Budgeted Fixed Cost ÷ Original Budgeted Machine Hours

= $90,090 ÷ 7,700 hours

= $11.7

Based on the above calculation, the overall fixed manufacturing overhead volume variance is

= Budgeted Fixed Manufacturing Overhead Rate × (Original Budgeted Machine Hours - Actual Output of Month Totaled)

= $11.7 × (7,700 hours - 7,590 hours)

= $11.7 × 110

= $1,287 unfavorable

According to the analysis, the overall fixed manufacturing overhead volume variance for the month is $1,287

8 0

4 years ago

In the Keynesian-cross model, fiscal policy has a multiplied effect on income because fiscal policy: changes income, which chang

Zepler [3.9K]

Answer:

Changes income, which changes consumption, which further changes income

Explanation:

Fiscal policy is an effective technique to control savings, income and consumptions because of its multiplier effect. The first effect of fiscal policy is that it changes income and that change in income leads to a change in consumption because of purchasing power; likewise, due to the change in consumption income changes. So, fiscal policy has a multiplier effect.

5 0

3 years ago