The answer is seasonal discounts. A seasonal discount is a value incitement that organizations offer clients to make deals out-of-season. In mold, for example, retailers offer rebates for winter garments when spring nears, and they offer lower costs on summer garments amid end-of-summer deals.
Answer:
<em>Total cost of product using the Activity-Based costing</em>
Particulars Amount
Material cost $10
Labor cost $15
Overheads cost under ABC <u>$16</u>
Total cost of product <u>$41</u>
Answer:
$570,000
Explanation:
Total machine maintenance cost calculation.
Depreciation expenses $20,000
Operating cost
($275,000 MH × $2). $550,000
Total machine machine maintenance cost $570,000
Therefore, the total machine maintenance cost of the machine is $570,000
Answer:
Increase , increase
Explanation:
A decrease in the supply of a product increases in its price. Reduced supply means many buyers competing for the few available products. The prices of goods or services are determined by the intersection of the demand and supply curves. There is an indirect relationship between supply and price of quantity supplied when demand is constant. A reduced supply results in high prices while an increase in supply causes low prices.
As prices increase, suppliers will want to supply more to make profits. Constant demand and a high price will thus lead to an increase in equilibrium quantity.