False. Companies actually pay 5 million for a 30 second ad on the Super Bowl.
Answer:
Pbundle = $48, Ppedicure = $32, Pmanicure ≥ $24
Explanation:
Type pedicure manicure combined WTP
Sandals wearer $32 $8 $40
Boot wearer $24 $24 $48
Two possible bundle prices = 40 & 48
High bundle price low bundle price
P-bundle $48 $40
P-pedicure $32 $24
P-manicure $24 $16
The price of the services should be given as;
Pbundle = $48, Ppedicure = $32, Pmanicure ≥ $24
Small changes in consumer demand can result in large variations in orders placed because of the Bullwhip Effect. Thus the correct answer is D.
<h3>What is a consumer?</h3>
The consumer is referred as an end user of any product or service. He is the person who utilizes or takes the benefit of the products purchased. The person who buys a product is called a customer.
Demand estimations result in ineffective supply chains due to the bullwhip effect which is a characteristic of distribution channels. As one moves higher up the supply chain, it informs of increasing inventory variations in reaction to variations in consumer demand.
Therefore, option D Bullwhip effect is appropriate.
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The complete question is attached below-
Small changes in consumer demand can result in large variations in orders placed because of the:
A) Supply chain
B) Safety stock requirement
C) Lead time effect
D) Bullwhip effect
E) FCFS scheduling
The expenses of advertising merchandise, making sales, and delivering goods to customers are known as: selling expenses
<h3>What are selling expenses?</h3>
The expenditures incurred in distributing, marketing, and selling a good or service are referred to as selling expenses.
Selling expenses are one of three categories of costs that make up a business operating expenses. Administration and general expenses make up the other two.
Selling costs may consist of:
- Costs related to logistics, shipping, and insurance for distribution
- spending on social media, website upkeep, and other marketing-related expenses
- Selling expenses like salaries, commissions, and personal expenditures
Since selling expenses are not directly related to producing a good or providing a service, they are listed as indirect expenses on a company's income statement.
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Answer:
Revised balance = $8000
Explanation:
Milo Company uses the percent-of-sales method to estimate uncollectibles. Net credit sales for the current year amount to $ 150 comma 000, and management estimates 4% will be uncollectible.
Milo Company's balance of Allowance for Uncollectible Accounts after adjustments, was $ 5 comma 000.
The following year, Milo Company wrote off $ 3 comma 000 of old receivables as uncollectible.
The Allowance account balance now will be:
Amount of Uncollectible Accounts for the year = 4% x $150,000 = $6000
Previous balance is $5,000 less amount written off $3000 = $2000
Revised balance = $6,000 + $2000 which is $8000
