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Alchen [17]
2 years ago
7

Select the correct text in the passage given below. Which sentence identifies a factor that affects demand for a car manufacture

r? A car manufacturer intends to lead in terms of market share. The company ensures that it caters to multiple consumer segments, and thus has a broad product portfolio. The production technology that the manufacturer uses is efficient and the company intends to raise the production by 25 percent. The production team concentrates on constant innovation. However, raw materials like metals have gone up in price, which is a pressing concern for the company. Worldwide constraints on crude oil have caused an increase in the price of gas, which car owners must also purchase. Thus, the marketing team is working on new activities to increase sale opportunities. They constantly monitor market trends through surveys and feedbacks.
Business
1 answer:
Alika [10]2 years ago
7 0

<u>Answer:</u> Worldwide constraints on crude oil have caused an increase in the price of gas, which car owners must also purchase. This statement affects the demand.

<u>Explanation:</u>

In the given passage only the sentence which is about the price of gas affects the demand of the product. When the price of gas increases the demand for the product decreases. Though gas is not a direct product of the company one has to purchase gas when he owns a car.

The other factors are related to company decision making and policies it affects the manufacturing of the car for company. Those factors do not affect the demand for car.

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Argon Chemicals had a total overhead amount of $47,200 during the month of June. Of that total, 58% was related to the factory,
andreyandreev [35.5K]

Answer:

(C )  debit; $27,376.

Explanation:

The 58% portion related to factory expenses and  should be charged to Manufacturing Overhead (DR) as an indirect expense. This should be absorbed as part of production costs.

The Balance of 42% will be charged as general depreciation on office building.

6 0
3 years ago
in the cost approach to valuation, land value can be estimated by comparing sales of vacant land that are similar to the subject
antoniya [11.8K]

The statement "in the cost approach to valuation, land value can be estimated by comparing sales of vacant land that are similar to the subject land" is true.

<h3>What is valuation?</h3>

Valuation is an estimation of the price of a good or a product. When a product is manufactured, its evaluation is estimated. It is estimated by seeing the manufacturing price, labor cost, and raw material cost.

Here, the valuation of vacant land and subject land is estimated, which is similar by seeing the comparison. So the statement will be correct about the comparison.

Thus, the statement is true.

To learn more about valuation, refer to the link:

brainly.com/question/16008101

#SPJ4

The question is incomplete. Your most probably complete question is given below:

State whether true or false.

6 0
1 year ago
Imagine that you sell popcorn at the local football stadium. knowing about diminishing marginal utility, how would you price you
Rudiy27

Answer: Charge a lower price after half-time

Explanation: Law of diminishing marginal utility holds that as the consumer consumes more and more units of a commodity, the incremental satisfaction derived from the successive units begins to fall after a certain point. Thus, as marginal utility begins to fall the persons willingness to pay shall also decline for the successive units. Therefore, the seller must sell the pop-corns at a lower price after half-time.

7 0
2 years ago
Determine the future value of $21,000 under each of the following sets of assumptions (FV of $1, PV of $1, FVA of $1, PVA of $1,
Marat540 [252]

Answer:

(a) $43,656.90

(b) $33,698.70

(c) $43,967.70

Explanation:

Future Value of annuity shall be:

(a) 10% for 8 years, Semiannually compounded

In this since the interest is compounded semiannually, the effective interest rate = 10/2 = 5%

Future Value of $1 in 8 years with 10% interest compounded semiannually = 2.0789

Value of $21,000 = $21,000 \times 2.0789 = $43,656.90

(b) 12% for 4 years, Quarterly Compounded

In this since the interest is compounded quarterly, that is 4 times in a year, effective interest rate = 12/4 = 3%

Future value of $1 in 4 years with 12% interest compounded quarterly = 1.6047

Value of $21,000 = $21,000 \times 1.6047 = $33,698.70

(c) 36% 25 months, Monthly

In this since the interest is compounded monthly effective interest rate = 36/12 = 3%

Therefore, Future Value of $1 in 25 months @36% compounded monthly = $2.0937

Value of $21,000 = $21,000 \times 2.0937 = $43,967.70

7 0
2 years ago
Hushovd Iron Works has collected the following data for its Thunderbolt line of​ products: Direct materials standard 15 pounds p
Hitman42 [59]

Answer:

The direct material quantity variance is $10,800 favourable.  (the options in the question are not correct).

Explanation:

The direct materials quantity variance represents a difference between what was actually produced and the standard or idea that should have been produced especially with regards to the use of direct materials.

To calculate material quantity variance

Step 1:Calculate the Standard Usage of Material

Formula= (Actual Units of Finished goods Purchased x Standard Price of Material per unit)

= 4,000 units x 15 Pounds

= 60,000 Pounds

This means the standard material usage is 60,000 pounds

Step 2: Now calculate the Direct Material Quantity Variance

Formula= (Standard Material Usage - Actual Material Usage) x The Standard Price per Unit of Material

= 60,000 pounds (computed in step 1) - 40,000 pounds (given in the question)

= 20,000 pounds x $0.54

=$10,800

Since the standard Material is higher than the actual material usage, it means that the answer is as follows;

The direct material quantity variance is $10,800 favourable.

Kindly note that the multiple options in the question above are for a different set of figures and a different question.

6 0
3 years ago
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