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Snowcat [4.5K]
2 years ago
12

Hailey purchased furniture for her living room and spent quite a bit of money. After she purchased it, she started regretting th

at she spent so much and she wasn't sure she liked the furniture. To make herself feel better, she told herself that the other furniture she was considering really wasn't that good and probably would not last as long as the furniture she ended up purchasing. Which of the following is Hailey using to reduce her postpurchase dissonance?
A) Increasing the desirability of the brand purchased.
B) Decreasing the desirability of rejected alternatives.
C) Decreasing the importance of the purchase decision.
D) Reversing the purchase decision.
E) Increasing the importance of the purchase decision
Business
1 answer:
NISA [10]2 years ago
7 0
She is using decreasing desirability if the rejected alternatives. Notice how she is saying that the couch she DIDNT buy (the alternative) would not have been that great. She is making herself have a worse (decreasing) opinion of the alternative.
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Direct Labor Variances Dvorak Company produces a product that requires 3 standard hours per unit at a standard hourly rate of $1
Vilka [71]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Direct Labor Variances Dvorak Company produces a product that requires 3 standard hours per unit at a standard hourly rate of $17 per hour. If 1,000 units required 2,800 hours at an hourly rate of $16.50 per hour.

A)

Direct labor price variance= (SR - AR)*AQ

Direct labor price variance=(17 - 16.5)*2,800= 1,400 favorable

B) Direct labor efficiency variance= (SQ - AQ)*standard rate

Direct labor efficiency variance= (3,000 - 2,800)*17= 3,400 favorable

C) Total direct labor variance= -1400 - 3400= -4,800 favorable

7 0
3 years ago
A ________ perspective on quality involves a subjective assessment of the efficacy of every step on the process for the customer
Butoxors [25]

Answer:

Value-Added.

Explanation:

A value-added perspective on quality involves a subjective assessment of the efficacy of every step on the process for the customer. A value-added perspective on quality is a strategic business approach in which businesses engage in activities that brings value, benefits or satisfaction to the consumer of its goods and services, to achieve this goal, business managers usually ensures that the manufacturing and distribution process or steps are effective and efficient.

5 0
2 years ago
Salmon Inc. has debt with both a face and a market value of $227,000. This debt has a coupon rate of 7 percent and pays interest
Dahasolnce [82]

Answer:

14.27%

Explanation:

Unlevered value = [Expected earnings before interest and taxes × (1- tax rate)]/Unlevered cost of capital

Unlevered value = [$87,200 x (1- 0.35)]/0.12 = $472,333.33

Levered value = Unlevered value + (Tax rate × Debt market value)

Levered value = $472,333.33 + (0.35 x $227,000) = $551,783.33

Value of equity = Levered value - Debt market value

Value of equity = $551,783.33 - $227,000 = $324,783.33

Cost of equity = Unlevered cost of capital + [(unlevered cost of capital - coupon rate) × (Debt market value/Value of equity) × (1 - Tax rate)]

Cost of equity = 0.12 + [(0.12 - 0.07) × ($227,000/$324,783.33) × (1 - 0.35)] = 0.1427, or 14.27%

Therefore, the firm's cost of equity is 14.27%

7 0
2 years ago
The Peach Corporation provides restricted stock to certain executives. Under the plan, the company granted 30 million shares on
daser333 [38]

Answer:

1. Determine the total compensation cost pertaining to the restricted stock.

  • 30 million x $14 = $420 million

2. Prepare the appropriate journal entries

December 31, Year 1:

Dr Stock compensation expense 105,000,000

    Cr Additional paid in capital - restricted stock 105,000,000

December 31, Year 2:

Dr Stock compensation expense 105,000,000

    Cr Additional paid in capital - restricted stock 105,000,000

December 31, Year 3:

Dr Stock compensation expense 105,000,000

    Cr Additional paid in capital - restricted stock 105,000,000

December 31, Year 4:

Dr Stock compensation expense 105,000,000

    Cr Additional paid in capital - restricted stock 105,000,000

January 1, Year 4, the stocks are handed out:

Dr Additional paid in capital - restricted stock 420,000,000

    Cr Common stock 420,000,000

6 0
3 years ago
Yasmin Co. can further process Product B to produce Product C. Product B is currently selling for $33 per pound and costs $28 pe
Lyrx [107]

Answer:

Differential cost of producing Product C = $0

Explanation:

<em>A company should process further a product if the additional revenue from the split-off point is greater than than the further processing cost.  </em>

<em>Also note that all cost incurred up to the split-off point (the cost of crushing) are irrelevant to the decision to process further .  </em>

                                                                                                   $

Sales revenue after the split off point (Product C)                    58

Sales revenue at the split-off point  (Product B                        <u> 33</u>

Additional sales revenue per unit                                              25

Further processing cost                                                            <u>  (25)</u>

Differential cost of Product C                                                       <u>  0</u>

Differential cost of producing Product C = $0

<em> Note that the cost incurred up until the split off point was not included because it is Irrelevant to the decision to process further. It has already been incurred , hence it is a sunk cost</em>

6 0
3 years ago
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