Unsought goods are characterized as being the kinds of goods that consumers _____.

1 answer:

8 0

Unsought goods are characterized as being the type of goods at consumers aren't aware exist or that they have no interest in. Sometimes, these goods can be because they are a new brand that hasn't grabbed ahold of the market they are fully after. Brand awareness can play a huge part it why a consumer isn't purchasing. If the product doesn't fit the needs of the customer and they don't see the value in it, then there won't be any reason for them to make a purchase.

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A costing method that first assigns costs to activities and then assigns them to products based on the products' consumption of

Makovka662 [10]

Answer: Activity based cost accounting

Explanation:

The activity based cost accounting is the one of the type of accounting method in an organization that assigned various types of objects for allocating indirectly the overall cost of the products in the department as compared to the conventional costing.

According to the given question, the activity based cost accounting is firstly assigning the cost to each activity and then assigning the products based in the consumption for different types of activities in production processing.

Therefore, Activity based cost accounting is the correct answer.

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If the structural budget deficit is $100 billion and the actual deficit is $300 billion, what is the size of the cyclical defici

IceJOKER [234]

Cyclical deficit is the downfall of the business cycle, this usually occurs when the economy is beneath potential income. The formula for this is, CD= tax rate x ( potential deficit - actual deficit). Therefore, the cyclical deficit is $200. I hope this helps.

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3 years ago

What is a promotional strategy?

Citrus2011 [14]

Answer:

Promotional strategy is designed to inform, persuade, or remind target audiences about those products.

Explanation:

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Read 2 more answers

"Net income for the period was $200,000. The retained earnings account had a beginning balance of $25,000. If the company paid d

solmaris [256]

Answer:

Retained earning balance at the end would be = $205,000

Explanation:

Retained earnings at the end = Retained earning at the beginning + Net income - Dividend paid

The net income would increase the balance of the retained earnings hence it is added to it.

The Dividend paid would be a cash outflow which would reduce the balance of the retained earnings, hence it is deducted from it.

So applying this to the question, we have

Retained earning balance at the end would be:

25,000 + 200,000 - 20,000 = $205,000

Retained earning balance at the end would be = $205,000

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