Answer:
The correct answer is B
Explanation:
Purchase is the term which is defined as the bought or purchase of raw material that is necessary or required for the business in order to create or manufacture goods or services. So, that the product could be presented into the market for sale and the business could make profit from the sale of product.
So, the statement is false as the acquisition of material is charged to the purchase account.
Answer:
The correct answer is: Cost-Plus Pricing Strategy.
Explanation:
To begin with, a ''Cost-Plus'' is the name that a pricing strategy receives in the field of marketing and business that mainly focuses on the pricing of a product by the cost of it plus a certain porcentage of benefit, considering this last one as the benefit margin. Moreover, this type of pricing strategy is one of the most common ones in the field, typically the businesses use this type of pricing strategy due to the fact that it is easy to establish and it does not consider complex terms.
Secondly, in this case where the manager notices such a difference in the prices of the two cans is due to the fact that the manufacturer put less commodities and less effort in the can of 16-ounce rather than in the other can of 32-ounce where there is more soup and therefore there is more cost in that can, establishing that a higher price must put in that one.
The adjusting entry required for unearned rent on December 31, 20Y1 is: Debit Unearned rental revenue $16,296;Credit Rental revenue $16,296.
<h3 /><h3>Unearned rent</h3>
Based on the information given the appropriate adjusting entry required for unearned rent on December 31, 20Y1 is:
31 December
Debit Unearned rental revenue $16,296
Credit Rental revenue $16,296
($39,110×5/12)
(To record unearned rent)
Inconclusion the adjusting entry required for unearned rent on December 31, 20Y1 is: Debit Unearned rental revenue $16,296;Credit Rental revenue $16,296.
Learn more about unearned rent here:brainly.com/question/4260123
Answer:
Common resource
Private Good
Public Good
Explanation:
A common resource would be any limited commodity, including such water or farmland, which offers tangible advantages to consumers but which no one in specific owns or has sole rights to.
Private commodities are items that must be bought in order to be eaten, and one person's consumption forbids another individual from purchasing them.
Public good can contribute to: social interest, an useful that is both non-exclusive and non-rival.
The element of the four P's that they are attempting to create value for dad and other customers is the product. It is because their way of serving black coffee through which the customer serves themselves is a way of using the product in creating a value for their customers, especially that even if it is simple, it has caught the customer's attention and making them go back for more.
