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2 years ago

________ uses buyers' perceptions of what a product is worth,not the seller's cost,as the key to pricing.

Business

1 answer:

Serjik [45]2 years ago

6 0

Answer:

A) Customer value-based pricing

Explanation:

In sales and marketing, price can be defined as the amount of money that is being charged by a seller for goods and services rendered to a potential customer or buyer.

Customer value-based pricing uses buyers' perceptions of what a product is worth, not the seller's cost, as the key to pricing.

Generally, a value-based pricing strategy typically begins with the manufacturer or seller assessing customer needs at a specific period of time. This ultimately implies that, a customer value-based pricing is all about the consumers of goods and services by considering their perceived benefits or satisfaction derived from the use of such products or services.

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Company acquired land and buildings for $1,000,000. The land is appraised at $450,000 and the buildings are appraised at $800,00

kirill [66]

Answer:

Debit Land for $360,000

Debit Buildings for $640,000

Explanation:

The total acquisition cost has to be allocated based on the appraisal value of each of the Land and Buildings.

Therefore, the amount to be debited to the Land and Buildings accounts can be calculated as follows:

Total acquisition cost = $1,000,000

Land appraisal value = $450,000

Buildings appraisal value = $800,000

Total appraisal value = Land appraisal value + Buildings appraisal value = $450,000 + $800,000 = $1,250,000

Amount allocated to Land = (Land appraisal value / Total appraisal value) * Total acquisition cost = ($450,000 / $1,250,000) * $1,000,000 = $360,000

Amount allocated to Buildings = (Buildings appraisal value / Total appraisal value) * Total acquisition cost = ($800,000 / $1,250,000) * $1,000,000 = $640,000

Therefore, the debits to the Land and Buildings accounts will be the allocated amounts to each as follows:

Debit Land for $360,000

Debit Buildings for $640,000

4 0

2 years ago

Both the employee and the employer contribute to the F.I.C.A. fund and to the Medicare program. True or False

denpristay [2]

True, the employer and employee will have to contribute to F.I.C.A and the Medicare program.

7 0

2 years ago

On Aug. 6, D submitted an application for a $50,000 Life insurance policy and did not pay the initial premium. On Aug. 18, D wen

MAXImum [283]

Answer:

B) collect initial premium along with a signed health statement

Explanation:

Since D submitted an application before he suffered from chest pains, then the producer should collect the initial premium. But the producer must also request a signed health statement which details the previous incident and what the doctor thought about it, and the tests that he requested.

5 0

2 years ago

Smythe Co. makes furniture. The following data are taken from its production plans for the year.

PtichkaEL [24]

Answer:The hazardous waste disposal cost per unit for chair and table respectively is $2.83 and $1.54

Explanation:

From the question, If cost are assigned at a rate based on direct labor hours, then the total disposal cost for chairs is

total disposal cost for chairs =Direct labor hours required for chairs/Total Direct labor hours required for both furniture x Hazardous waste disposal costs

268,000/ 268,000+16,400 x 615,000

= 268,000/ 284,400 x 615,000

===$595,535.865

and for tables for is

total disposal cost for tables=Direct labor hours required for tables /Total Direct labor hours required for both furniture x Hazardous waste disposal costs

16,400 / 268,000+16,400 x 615,000

= 16,400 / 284,400 x 615,000

===$35,464.135

The hazardous waste disposal cost per unit for chair and table respectively is

For chair ====total disposal cost for chairs/ Expected production of chairs

$595,535.865/210,000 units= $2.83

For table ====total disposal cost for table/ Expected production oftable

$35,464.135/23,000 units=$1.54

4 0

2 years ago

Dr. Riley, a professor in the economics department, finds that if he keeps his door open, people tend to stop in to say hello. T

Archy [21]

Answer:

1) Mindfulness

Explanation:

Mindfulness refers to being aware of your environment and paying attention to what happens around you, and at the same time being aware of your thoughts and bodily sensations.

In other words, it means that Dr. Riley is able to concentrate on what he is doing and at the same time is paying attention to what is around him.

4 0

2 years ago