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murzikaleks [220]
3 years ago
5

In a product modification _______. an existing product s taste, texture, sound, smell, or appearance is usually altered the new

product is in a different product category an existing product's dependability and durability is lowered the original product remains part of the product line the original product does not remain part of the product line
Business
1 answer:
Montano1993 [528]3 years ago
5 0

Answer:

The correct answer is that the existing product is altered or modified as per the texture, sound, taste and appearance.

Explanation:

Product Modification is the term which is defined as the attempt of the company to extend the length of the product life cycle through making large or small changes to the product in order to keep the customers interested in the product.

In short, it is the procedure to change the existing product as per the needs, taste of the customer. For example, change in the packaging of the product.

So, in the procedure of product modification, the existing product is altered or modified as per the texture, sound, taste and appearance.

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Fulbright Corp. uses the periodic inventory system. During its first year of operations, Fulbright made the following purchases
Firlakuza [10]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Purchases:

40 units at $100·

70 units at $80·

170 units at $60

Sales for the year totaled 270 units, leaving 10 units on hand at the end of the year.

First, we need to calculate the average purchase cost.

Average cost= (100*40 + 80*70 + 60*170)/280= $70.7

Now, we can calculate the value of ending inventory:

Inventory= $70.7*10= $707

7 0
3 years ago
The total overhead variance is the difference between actual overhead costs and budgeted overhead costs. True False
disa [49]

The difference between the realized overheads and the estimated overheads is the total overhead cost.

<h3>What are total overhead costs?</h3>

Total overhead costs are identified as the costs related to administration, sales, marketing, and production. Before the total overhead costs are realized, a budget regarding estimated costs is prepared.

The calculation of the total overhead costs is actual overhead costs less the budgeted overhead costs.

Hence, the aforementioned statement regarding total overhead costs holds true.

Learn more about total overhead costs here:

brainly.com/question/13018280

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6 0
2 years ago
A middleman is Multiple Choice a person or firm whose sole responsibility is bringing a buyer to the last link in the distributi
hichkok12 [17]

Answer:

would you still like me to help you with this question

5 0
2 years ago
Tobit Financing offers short-term financing plans to other companies. It buys the accounts of other companies at a discount and
NARA [144]

Answer:

C) Factoring

Explanation:

In factoring, the Companies shall sell the accounts receivables to Tobit Financing at a discounted rate when they are apprehensive about receiving the same from their debtors in time. Once received by Tobit Financing, it shall recover the dues from those accounts at the full rate. The difference shall be the earning of Tobit Financing. This may also be true when such Companies are in urgent need of cash and this option seems to be the most viable.

3 0
3 years ago
CVP analysis, shoe stores.The HighStep Shoe Company operates a chain of shoe stores that sell 10 different styles of inexpensive
Lilit [14]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

UNIT VARIABLE DATA:

Selling price $60

Cost of shoes 37

Sales commission 3

Total Variable cost per unit 40

ANNUAL FIXED COSTS

Rent $30,000

Salaries 100,000

Advertising 40,000

Other fixed costs 10,000

TOTAL FIXED COSTS $180,000

1) Break-even point (units)= fixed costs/ contribution margin

Break-even point (units)= 180,000/ (60 - 40)= 9,000 pair of shoes

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 180,000 / (20/60)= $540,000

2) Q= 8,000

Income= quantity* contribution margin - fixed costs

Income= 8000*20 - 180,000= $-20,000

3) Variable costs= $37

Fixed costs= 180,000 + 15,500= $195,500

Break-even point (units)= 195,500 / (60 - 37)= 8,500 pair of shoes

Break-even point (dollars)= 195,500 / (23/60)= $510,000

4) Comission= $2

Variable costs= 42

Break-even point (units)= 180,000 / (60 - 42)= 10,000 pair of shoes

Break-even point (dollars)= 180,000 / (18/60)= $600,000

5) comission= $2 post 9,000 pair of shoes

Income= 9,000*20 + 3,000*18 - 180,0000= $54,000

5 0
3 years ago
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