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4 years ago

Which of the following equations describes customer value?

Business

1 answer:

Vlad1618 [11]4 years ago

4 0

Answer:

A. Customer value = customer benefits - customer cost

Explanation:

The customer value is the worth of a product or a service as compared to other alternatives in the standpoint of a customer.

It is basically like the worth of obtaining a product or a service is to a customer. Customer value can be considered how a customer benefits from the product minus the cost of obtaining the product.

Benefits and cost does not always have to be in the form of cash. A benefit can be in the form of quality, value, experience and cost can be in terms of time, effort, or energy.

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Jane was a partner at a law firm earning $223,000 per year. She left the firm to open her own law practice. In the first year of

In-s [12.5K]

Answer:

accounting profit from her first year = $184000

so correct option is D. $184,000

Explanation:

given data

earning = $223,000 per year

generated revenues = $347,000

explicit costs = $163,000

to find out

accounting profit from her first year

solution

we know that accounting profit is the difference between explicit cost and explicit revenue so

we get accounting profit from her first year is as

accounting profit from her first year = generated revenues - explicit costs .................1

put here value we get

accounting profit from her first year = $347000 - $163000

accounting profit from her first year = $184000

so correct option is D. $184,000

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3 years ago

The Attaran Corporation manufactures two electrical products: portable air conditioners and portable heaters. The assembly proc

Wittaler [7]

Answer:

Number of air conditioners to be produced = 40

Optimal solution value = $1,900

Explanation:

See attached pictures.

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3 years ago

Maple Company uses a job costing system. Maple Company's schedule of cost of goods manufactured showed the following amounts fo

Cerrena [4.2K]

Answer:

Allocated overhead= $43,180

Explanation:

Giving the following information:

Cost of direct materials used $42,600

Cost of goods manufactured $124,200

Cost of direct labor ($30 per hour)= $76,200

Manufacturing overhead cost is allocated at the rate of $17 per direct labor hour.

Allocated overhead= predetermined overhead rate* actual allocation base

Allocated overhead= 17* (76200/30)= $43,180

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4 years ago

Faller and Whitney Company, a firm that builds enterprise resource planning products for customers, wants to implement training

Arisa [49]

Answer:

Faller and Whitney should perform an organization analysis in order to assess the training needs within the organization.

Explanation:

A training instructional design process is a process that systematically develops training procedures to meet specific needs.

The steps involved in the development of an instructional design process are:

Determine needs for training : employees that work in what areas and perform what tasks need training
Ensure readiness for training : the employees must be willing to trained
Plan the training program: set the objectives, who will be the trainers, and what methods will be used
Implement training program
Evaluate results of training : are employees performing better? do they need additional training?

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3 years ago

The legal contract between the bondholders and the issuer is called the bond ______.

Simora [160]

The legal contract between the bondholders and the issuer is called the bond <u>indenture.</u>

A bond indenture is important as it helps to protect the interest if the stakeholders and also lowers the chance of default.

It should be noted that the indenture list provides the details of a bond. It helps in ensuring transparency. Therefore, the legal contract between the bondholders and the issuer is called the bond indenture.

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3 years ago