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3 years ago

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When members of the buying center agree to consider ibm, dell, and hewlett-packard in purchasing new computers because they are

the firms that expressed interest, which stage of the business-to-business buying process is taking place?

1 answer:

Kipish [7]3 years ago

5 0

<span>Identification of vendors</span>

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At a large department store, the number of years of employment for a cashier is a normally distributed variable with a mean of 5

Yakvenalex [24]

Answer:

0.0084

Explanation:

For this probability problem, we will have to make use of the normal probability distribution table.

to use the table, we will have to compute a certain value

z = (x- mean) /Standard deviation

z = $\frac{(10 - 5.7)}{1.8}$ = 2.39

Probability he has worked in the store for over 10 years can be obtained by taking the z value of 2.39 to the normal probability distribution table to read off the values.

<em>To do this, on the "z" column, we scan down the value 2.3. we then trace that row until we reach the value under the ".09" column. </em>

This gives us 0.99916

Thus we have P (Z < 2.39) = 0.9916

We subtract the value obtained from the table from 1 to get the probability required.

1 - 0.9916 = 0.0084

The Probability that the employee has worked at the store for over 10 years = 0.0084

4 0

3 years ago

Suppose that income tax revenues are maximized at an average (income) tax rate of 45 percent. If the Laffer curve is a correct d

galina1969 [7]

Answer:

-35 percent will reduce tax revenues.

-48 percent will reduce tax revenues.

3 0

2 years ago

On April 2, KLV sold $30,000 of inventory items on credit with the terms 1/10, net 30. Payment on $18,000 sales was received on

yuradex [85]

Answer:

b. debit to Accounts Receivable and credit to Sales Discount Forfeited for $120

Explanation:

The last payment of $12,000 it's without discount because was not made within the 10 days, so it's necessary to Debit Cash by $12,000 and reverse the accrual for the remaining $120 discount offered not applied.

The it's necessary to record this entry:

b. debit to Accounts Receivable and credit to Sales Discount Forfeited for $120

7 0

3 years ago

Kray Inc., which produces a single product, has provided the following data for its most recent month of operations: Number of u

Allushta [10]

Answer:

The variable costing unit product cost was <u>$69.</u>

Explanation:

Variable Product Costing is a situation whereby only the variable costs of production is taking into account to estimating the cost per unit of a product. This implies that none of the fixed cost will be included in the cost of the product.

Based on the explanation above, the variable costing unit product cost to produce a single product by Kray Inc. can be calculated as follows:

Kray Inc.

Calculation of Variable Costing Unit Product Cost

<u>Particulars Amount ($) </u>

Direct materials 40

Direct labor 19

Variable manufacturing overhead 8

Variable selling and administrative expense <u> 2 </u>

Variable cost per unit <u> 69 </u>

Therefore, the variable costing unit product cost was <u>$69.</u>

5 0

3 years ago

A.C. Tech Manufacturing Appliances manufactures three sizes of kitchen appliances: small, medium, and large. Product information

Colt1911 [192]

Answer:

A.C. Tech Manufacturing Appliances

Product Models to produce first, if management incorporates a short-run profit-maximizing strategy:

Small Medium Large

Selling price $430 $610 $1,210

Variable cost $270 $280 $530

Contribution $160 $330 $680

Fixed Costs:

Fixed manufacturing $40 $170 $270

Fixed selling & admin $70 $75 $140

Unit Profit $50 $85 $270

Demand in units 150 170 150

Total profit $7,500 $14,450 $40,500

Machine hours/unit 60 60 150

Total machine hours required 9,000 10,200 22,500

Unit profit per machine hour $0.83 $1.42 $1.80

If management incorporates a short-run profit maximizing strategy, given maximum machine hours available, it should first produce the large model.

Explanation:

The large model offers better contribution per unit, better profit per unit and in total, and most importantly better profit per unit of hour (major constraint).

In making a limiting factor decision, the choice goes to the product model that produces more profit under the limiting constraint.

5 0

4 years ago