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gayaneshka [121]
3 years ago
9

There are several factors that predict when a skimming pricing policy is likely to be most effective, including situations in wh

ich Multiple Choice enough prospective customers are willing to buy immediately at a high initial price to make these sales profitable. leadership is expecting to meet high sales unit goals. consumers tend to be price-sensitive. consumers perceive your product to be similar to other products in the market. a lower price will significantly reduce unit costs.
Business
1 answer:
NeTakaya3 years ago
6 0

Answer:

Situations in which enough prospective customers are willing to buy immediately at a high initial price to make these sales profitable

Explanation:

Price skimming is  pricing strategy whereby firm sets a high initial price of a product that customers are willing to pay. Once demand of the first customers is satisfied, it lowers the price to attract price-sensitive customer segments. Therefore, the right choice would be "enough prospective customers are willing to buy immediately at a high initial price to make these sales profitable"

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Hurren Corp. makes a product with the following standard costs per unit of output: Standard Quantity Standard Price Direct mater
Ostrovityanka [42]

Answer:

the labor rate variance is $4,050 unfavorable

Explanation:

The computation of the labor rate variance is shown below:

= Actual hours × (standard rate - actual rate)

= 4,500 hours × ($19 per hour - $19.90 per hour)

= $4,050 unfavorable

Hence, the labor rate variance is $4,050 unfavorable

5 0
3 years ago
The following inventory was available for sale during the year for Dolphin Tools: Beginning inventory 10 units at $120 First pur
vaieri [72.5K]

Answer: $4,950

Explanation:

If the company is using the First In First Out method for Inventory valuation then the earlier inventory is sold off first which would mean that the inventory at year end will be the more recent inventory.

The 25 units at the end of the year will be the most recent units purchased and so will be;

20 units from the third purchase

5 units from the 2nd purchase

Inventory value = (20 * 195) + ( 5 * 210)

= $4,950

<em>The options are not for this question. </em>

8 0
3 years ago
I ADDED 50 EXTRA POINTS!!!
NISA [10]

Well, Someone would rent a tuxedo or dress that they couldn't afford if they bought it and renting is just cheaper when you need to look nice for a meeting or a party.

6 0
4 years ago
The financial statements of Walgreen Co. reported the following information (in millions): Year 2 Year 1 Cost of sales $51,098 $
ss7ja [257]

Answer:

49.6 days

Explanation:

The average inventory days outstanding is an example of an activity ratio. Activity ratios measures the efficiency with which comapnies carry out their daily tasks

The average inventory days outstanding = number of days in a period / inventory turnover

inventory turnover = cost of goods sold / average inventory

Average inventory = (6,852 + 7,036 ) / 2 = 6944

$51,098/ 6944 = 7.365

365/  7.365= 49.6 days

5 0
3 years ago
You and your wife are making plans for retirement. You plan on living 30 years after you retire and would like to have $75,000 a
o-na [289]

Answer:

The amount needed in the retirement account is $707,025.

Explanation:

This problem is a case of annuity.

They plan to withdraw $ 75,000 annually from the end of the first year of retirement.

The formula that relates capital in the account to annual withdrawals is

C=A*D=A*(\frac{(1+i)^{n} -1}{i*(1+i)^{n}} )\\\\C=75,000*9.427=707,025

8 0
4 years ago
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