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3 years ago

Includes all the activities in selling goods or services directly to final consumers for personal, non-business use.

Business

1 answer:

Inga [223]3 years ago

7 0

Answer: Option B

Explanation: In simple words, retailing refers to the process in which an organisation makes their produced goods or serve to the end consumer efficiently. The retailing adds the value of the commodity by providing it to the end consumer more easily as everyone would not be able to collect the desired commodity directly from supplier.

Any business unit that is involved in the activity of purchasing the goods and selling the goods further for a margin is involved in retailing process. Retailer usually collects its inventory from the whole seller appointed by the producer.

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Which of these is NOT an example of price discrimination? retirees getting a discount at a local movie theater soup companies se

Gre4nikov [31]

Answer:

A novel printed in paperback that sells for more than the same book in an electronic format

The example contains two different products, one is novel in paper form, and other in electronic form of the novel. Price discrimination occurs when we charge different prices for the same product from different customers. They are completely two different forms of the product which means the product is not identical in term of its form.

Explanation:

Above mentioned example is definitely does not fall under price discrimination.

<em>Price Discrimination</em>: is offering different prices to different customers for the same good. All of the other examples may falls under price discrimination because they contain same product but for different customers namely, discount at movie theater, soup companies sending coupons, and for the same drug they are charging different prices accordingly.

5 0

3 years ago

6 traits a millionaire lives by according to Dave Ramsey

kramer

Hi cletus you look like a fetus

Explanation:

area 51

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3 years ago

If Helen travels 567 miles in 9 hours, how far does she travel in one hour?

BlackZzzverrR [31]

Answer:

Helen would travel 63 miles in one hour. Also known as -
|| 63 miles per hour ||

Explanation:

In order to find how far she would travel in one hour we first have to see how far she traveled in all. Which would be 567 miles. We know she took 9 hours to travel this far. By dividing 567 miles by 9 hours then we can find out how far she traveled in one hour. So 567/9 = 63.

Have a good rest of your day. I hope this helps! ^^

4 0

2 years ago

At each calendar year-end, Mazie Supply Co. uses the percent of accounts receivable method to estimate bad debts. On December 31

polet [3.4K]

Answer:

Explanation:

The journal entries are shown below:

(a) a $415 credit balance before the adjustment.

Bad debt expense A/c Dr $685

To Allowance for Doubtful Accounts $685

(Being bad debt expense recorded)

Since the allowance for doubtful debts have a credit balance so this amount will be deducted. The computation is shown below?:

= (Outstanding accounts receivable × uncollectible rate) - credit balance

= ($55,000 × 2%) - $415

= $1,100 - $415

= $685

(b) a $291 debit balance before the adjustment.

Bad debt expense A/c Dr $1,391

To Allowance for Doubtful Accounts $1,391

(Being bad debt expense recorded)

Since the allowance for doubtful debts have a debit balance so this amount will be added. The computation is shown below?:

= (Outstanding accounts receivable × uncollectible rate) + debit balance

= ($55,000 × 2%) + $291

= $1,100 -+$291

= $1,391

6 0

3 years ago

Stockmaster Corporation has two manufacturing departments--Forming and Assembly. The company used the following data at the begi

KonstantinChe [14]

Answer:

Explanation:

Forming

Estimated fixed manufacturing overhead $27,000

Estimated variable manufacturing overhead ($1.10*5,000) $5,500

Estimated total manufacturing overhead cost $32,500

Assembly

Estimated fixed manufacturing overhead $10,500

Estimated variable manufacturing overhead ($2.80 × 5,000) 14,000

Estimated total manufacturing overhead cost $24,500

Now we need to add these two numbers ($32,500 + $24,500 = $57,000) in order to identify plantwide predetermined manufacturing overhead rate

Estimated total manufacturing overhead cost $57,000

Estimated total machine hours 10,000

Predetermined overhead rate $5.70 [57,000/10,00]

The overhead applied to Job C:

Overhead applied to job C = Predetermined overhead rate x Machine-hours incurred by C

= $5.70 * (3,400 + 2,000)

= $5.70 x (5,400)

= $30,780

Job C’s manufacturing cost:

Direct materials $11,200

Direct labor cost $21,900

Manufacturing overhead $30,780

Total manufacturing cost $63,880

The selling price for Job C:

Total manufacturing cost $63,880

Markup (40%) 25,552

Selling price $89,432

8 0

4 years ago