Answer:
Knowing what consumers want helps producers make more money.
Explanation:
The statement that best explains why producers conduct market research would be that Knowing what consumers want helps producers make more money. If the producers know exactly what the consumers want and how much then they can easily create those products knowing that they will sell every last one of them. Therefore eliminating most of the risk involved with production and generating more profit.
A cost that would be included in product costs under both
absorption costing
and variable costing is: full costing.
A managerial accounting technique known as "
absorption costing
," also known as "full costing," is used to record all expenses related to producing a specific product. This strategy accounts for both direct and indirect costs, including direct materials, direct labor, rent, and insurance
.
Anything that is a direct cost of creating a good is included in absorption costing's cost base. Fixed overhead costs are included
absorption costing
in the product costs under
absorption costing
as well. Wages paid to workers who physically produce a product, raw materials required in production, and all overhead expenditures (such as all utility bills) incurred
absorption costing
during production are a few of the costs related to product manufacturing
.
Learn more about
absorption costing
on:
brainly.com/question/14347350
#SPJ4
Answer:
Rendezvous or Sanitary
Explanation:
In this case, the cafe filed a suit against Sanitary and in the court, the decision is in favor of Rendezvous's cafe. But if the any of the party is not satisfied with the decision of the court, both of the parties have the right that they can appealed the judgment to appropriate court of appeals.
As the parties have the right if they are not satisfied by the judgment of this court, then they go to higher authority of court and file the suit.
So, here in this case, the judgment could be appealed to appropriate court of appeals by any of them (Sanitary or Rendezvous).
Answer:
If the products are sold seperately they would sell for $100,000:
Software $70,000 = 70%
Technical Support $30,000 = 30%
Sarjit Systems sold the software for $80,000
Software 70% of 80,000 = $56,000
Technical Support 30% of 80,000 = $24,000
We will record technical support as deferred revenue since the customer pays for the support upfront before receiving the service.
The journal entry would be:
Account Title Debit Credit
Cash 80,000
Sales Revenue 56,000
Deferred Revenue 24,000
Transitional words. Words used to help a piece of text flow smoothly.
