The correct answer is:
"Search Network only"
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Answer:
Target costing
Explanation:
-High-low pricing is when companies initially establish a high price for a product and then, they decrease it when people are less willing to buy it.
-Everyday low pricing is when companies offer low prices on their products all the time.
-Cost-plus pricing is when companies determine the cost of the product and add the profit margin they need to establish the price of the product.
-Target costing is when companies establish a target cost for the product by taking the price and subtracting the margin they expect from it.
-Competition-based pricing is when companies use the price the competitors have for the same product to establish the price.
According to this, the answer is that the situation exemplifies target costing.
The term that describes an organization's active effort to find opportunities to hire or promote people in a particular group is known as affirmative action.
<h3>What is affirmative action?</h3>
It should be noted that affirmative action simply means a set of procedures that are put in pace to curb discrimination.
Therefore, the term that describes an organization's active effort to find opportunities to hire or promote people in a particular group is known as affirmative action.
Learn more about affirmative action on:
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Answer:
The answer is: $1,075
Explanation:
Part A has the following unit costs:
- 50 units x 5$ per unit = $250
- 50 units x $4.50 per unit = $225
Part B has the following unit costs:
- 75 units x 6$ per unit = $450
- 75 units x $6.50 per unit = $487.50
Part C has the following unit costs:
- 160 units x 3$ per unit = $480
- 160 units x $2.50 per unit = $400
If we use the lower cost of market method to value the company's ending inventory we have to choose the lowest possible price for parts A, B and C.
ending inventory = $225 (part A) + $450 (part B) + $400 (part C) = $1,075
Answer:
240= 3Qc + 3Qd
Explanation:
The computation of the Daniel's budget constraint is shown below;
Given that
Daniel's income= $240
Price of cake (Pc) =$3
Price of donuts (Pd) =$3
So spending on cake = 3Qc
And,
Spending on donut= 3Qd
Finally
Total spending = 3Qc + 3Qd
Now the equation of budget constraint is
Income= (quantity of cake)(price of cake) + ( quantity of donut)(price of donut)
So,
Income= Qc Pc+ Qd Pd
240= 3Qc + 3Qd