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3 years ago

Which is the simplest option that sole proprietors can use to post an advertisement about the sale of their small businesses?

2 answers:

6 0

Sole Proprietor who have small business, and cannot afford to advertise their small business through television or other electronic media, can advertise about their business in the Classified section of their local newspaper.

Classified section is meant for the business ads. So the sole proprietor who wishes to advertise his small business can easily post an ad about their business to the prospect audience.

Natalka [10]3 years ago

4 0

Business Classifieds Section which has advertisements and announcements about local businesses.

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Alliance Company budgets production of 24,000 units in January and 28,000 units in the February. Each finished unit requires 3 p

Eddi Din [679]

Answer:

Total direct material needed in pounds= 101,400 pounds

Explanation:

Giving the following information:

Each finished unit requires 3 pounds of raw material K that costs $3.00 per pound.

Each month's ending raw materials inventory should equal 35% of the following month's budgeted materials.

The January 1 inventory for this material is 25,200 pounds.

Production:

January= 24,000 units

February= 28,000 units

Direct material budget:

Production= 24,000*3= 72,000 pounds

Desired ending inventory= (28,000*0.35)*3= 29,400 pounds

Total direct material needed in pounds= 101,400 pounds

Purchases= production + desired ending inventory - beginning inventory

Purchases= 101,400 - 25,200

Purchases= 76,200 pounds

Direct material purchase cost= 76,200*3= $228,60

3 0

2 years ago

Two drivers—Brian and Crystal—each drive up to a gas station. Before looking at the price, each places an order. Brian says, "I'

krek1111 [17]

Answer:

Brian's demand is perfectly inelastic.

Crystal's demand is unit elastic.

Explanation:

Given that

Brian said = 10 gallons of gas

where, Crystal says = $10 worth of gas

By seeing the above information, we concluded that the Brain's demand is perfectly inelastic as the demand of the gallons are fixed

And, the crystal demand is unitary elastic as the expenditure would remain unchanged or fixed

In addition, the perfectly inelastic is when elasticity is zero , and unitary elastic is when elasticity is equal to one

7 0

3 years ago

Suppose that labor is the only variable input to the production process. If the marginal cost of production is diminishing as mo

attashe74 [19]

Answer:

Marginal product will increase.

Explanation:

Since the labor is only variable input and the marginal cost of production is diminishing that means the cost of producing additional unit is lower. So marginal product of labor will be increasing.

Moreover, MC = w /MPL

Thus, diminishing marginal cost will exhibit increasing marginal product of labor.

8 0

2 years ago

What are some disadvantages of making the decision to use a tiered service approach at Eligin Technology Products

lukranit [14]

Explanation:

There are several drawbacks involved with the use of the tiered pricing approach, such as the commitment of a buyer to the firm, a - customer relationship and a variety of benefits and services for the customer.

a) The end of year will be awarded to customers purchasing $100,000 worth of products, due to a five percent bonus offer for their sales throughout the year.

b) commitments to resolve all customer service problems in the next day turnaround time.

c) Consumers ordering goods over $500,000 will be compensated with a 10% discount and a 4-hour contribution to solving all customer service issues.

7 0

2 years ago

Which one of the following statements is true?

n200080 [17]

The Statements-In a job-costing system, individual jobs use different quantities of production resources, In a process-costing system each unit uses approximately the same amount of resources.-Both the statement are True

(D) Both (a) and (b) are true.

Explanation:

A job costing system is a system in which the cost associated with a particular job is calculated.This information is important in order to submit the cost information to the customer under a contract

For example:Job costing is required for deriving the cost of construction of a building,for designing a software

Process costing is a term that is used in cost accounting.

It is used to calculate the manufacturing cost of a Product.

A processing cost system is used during the mass production of the identical units .

8 0

3 years ago