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IgorC [24]
2 years ago
7

Bond co. is using the target cost approach on a new product. information gathered so far reveals: expected annual sales 400,000

units desired profit per unit $0.35 target cost $168,000 what is the target selling price per unit?
Business
1 answer:
Bezzdna [24]2 years ago
5 0

<span>The target selling price per unit is $0.77, According the accounting books I have search,using this solution: ($168,000 divided by 400,000) + $0.35= $0.77.Target costing is an approach in most company to know a product’s life cycle cost in which it is sufficient to develop specified functionality and quality.</span>

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Question:

An express warranty is created when a seller:

A) makes an affirmation of fact or promise concerning the goods that becomes part of the basis of the bargain.

B) uses descriptive terms as a part of the bargaining process, but the buyer does not take it into consideration when making the purchase.

C) sells goods meant for use for ordinary purposes.

D) avoids using a sample or model as the basis for the contract.

Answer:

The correct choice is A)

An express warranty is created in the contract when a supplier makes a promise concerning the goods that the buyer can hold on to as an incentive to purchase the product.

Explanation:

For example, if a consumer buys a Laptop online, but when it arrives the item is the wrong specifications, wrong color, or is dented or damaged in anyway, an <em>express warranty</em> might entitle the consumer to a refund or replacement.

This warranty usually is stated upfront prior to or during the execution of the sales transaction.

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4 0
3 years ago
Which of the examples provides the best evidence that inflation has occurred? A person whose salary has decreased is able to pur
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Answer:

A person whose salary has increased is able to purchase fewer goods and services.

Explanation:

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Real income of an individual refers to the income which has been adjusted for the effects of inflation. Whereas, Nominal income refers to the income which is before any such adjustment for inflation.

In the given case, the nominal income has increased i.e if we ignore inflation. But while considering inflation, the real income of the individual has reduced evidenced by the fact that the purchasing power has reduced.

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How did IT help the company solve that problem?
Vikentia [17]

Answer:

IT helps society and determines how people interact with each other on a daily basisIt enables you to identify problems quicker and easier and helps you better analyze a complex problem. Technology students are especially encouraged to be innovative and to want to improve a current situation by encountering and solving problems, in an advanced way.

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All consumers including banks, even retirees, are directly impacted by inflation in terms of their income, savings, and spending.

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Learn more about Inflation with the help of the given link:

brainly.com/question/28190771

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