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4 years ago

7

During the introduction stage of the product life cycle, a(n __________ pricing strategy may be used. this pricing strategy char

ges a high initial price to recoup the costs of product development.

1 answer:

timurjin [86]4 years ago

5 0

The correct answer is repositioning.

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The journal entry to record the purchase of materials on account in process cost accounting is a(n): Multiple choice question. i

Lilit [14]

The journal entry to record the purchase of materials on account in process cost accounting is an Increase in assets and an increase in liabilities. Option A. This is further explained below.

<h3>What is a journal entry?</h3>

Generally, In process cost accounting, a rise in assets and an increase in liabilities are recorded in the journal entry for the purchase of materials on account.

In conclusion, A journal entry is a kind of entry that is used in the accounting records of a company to record a transaction that occurred inside the company.

Read more about the journal entry

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7 0

2 years ago

Max worked 48 hours last week. What is his gross pay for the week if his regular hourly pay is 13.50

Illusion [34]

The correct answer is $648

6 0

3 years ago

Complete each statement with the term that correctly defines.

Mashcka [7]

Answer:

a. Outperform.

b. Gatekeepers.

c. Leveraging.

d. Value creation.

e. Producer.

Explanation:

A platform can be defined as a type of business model that creates value or focuses on assisting participants by facilitating exchanges and interactions between two or more interdependent groups of participants, who are mostly consumers and producers of finished goods and services.

This simply means that, a platform usually creates an effective and efficient market or community network with needed resources, for better interaction and transaction among various participants. Some examples of a platform business are brainly, airbnb, apple, microsoft, uber etc.

The notable characteristics and advantages of a platform business are;

a. Platform businesses tend to frequently outperform pipeline businesses.

b. Platforms scale more efficiently than pipelines by eliminating gatekeepers.

c. Platform businesses leveraging digital technology can grow much faster.

d. Platforms unlock new sources of value creation and supply.

e. Feedback loops from consumers to the producers allow platforms to fine-tune their offerings and to benefit from big data analytics.

5 0

3 years ago

Evaluate the following investment options by comparing their risk and liquidity: buying a franchise real estate (buying property

Gala2k [10]

Answer:

Buying a franchise: For me, this is the riskiest investment, because the success of the business depends on the product or service it sells. If there is no demand for the product or service, the business will go under. This investment is also highly illiquid—in addition, finding someone willing to buy a business is difficult.

Mutual fund: This is the least risky of the three investment options. It is highly liquid compared to buying a franchise or real estate. Mutual fund investors can easily cash in their investments by selling the units they hold in a fund at the current market price.

Real estate: Real estate is a risky investment. First, property prices can fall in a depressed housing market. Second, real estate properties are illiquid. They can’t be sold quickly for a good price, especially in times of recession in the housing market or in the overall economy.

A mutual fund is the best of the three investment options for me, for the following reasons:

I can invest small amounts of money regularly and get higher returns on the investment than I would from a savings account. Also, this is a highly liquid investment. In case of a financial emergency, I can quickly sell my mutual fund units at their current market price.

Real estate is currently both a risky and illiquid investment, because of poor market conditions.

Buying a franchise is not a good option for me, because I don’t plan to go into business. In any case, I don’t have the money to make this investment.

Explanation: PLATO

8 0

3 years ago

Huron Company produces a commercial cleaning compound known as Zoom. The direct materials and direct labor standards for one uni

noname [10]

Answer:

<u>DM variances:</u>

Price 2650

Quantity -4,800

<u>Labor Variances:</u>

Rate:-2,000

Efficiency 1400

Explanation:

<u>DM variances:</u>

Price

(std - actual) x actual quantity

(2.4 - 2.2) x 13,250 = 2,650

Quantity

(standard quantity - actual quantity) x std price

(7.5x1,500 - 13,250) x 2.4 = -4,800

<u>Labor Variances:</u>

Rate:

(std rate - actual rate) x actual hours

(7 - 9) x 1,000 = -2,000

actual rate = actual cost/actual hours = 9,000/1,000 = 9

Efficiency

(std hours - actual hours) x std rate

(1,500 x 0.8 - 1,000) x 7 = 1400

7 0

3 years ago