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3 years ago

A is a descriptive fact about a product or service; a is what the customer gains from that characteristic.

Business

1 answer:

Bogdan [553]3 years ago

6 0

Answer:

The correct words for the blank spaces are: feature; benefit.

Explanation:

The product features are all the characteristics that represent it: design, size, and price, and availability are some of them. The product features make a good or service unique and differentiate it from competitors. The product benefit is the value customers provide to the good or service based on the need it satisfies. The more beneficial, the more frequent customers will purchase it.

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A highly task oriented group that is results driven with high morale is a characteristic of usmc

wariber [46]

The answer is true. The usmc is also known to be the United States of Marine Corps, they are trained to be responsible of United States Navy in terms of operations and that they are taught to be in high morale, in which is why they are considered to be a highly tasked oriented group.

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3 years ago

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A loan of $20,000 with interest at 6.5% compounded annually is to be repaid by equal payments at the end of each year for five y

Zielflug [23.3K]

First option I think

6 0

3 years ago

The following events occurred for Favata Company: a. Received $13,000 cash from owners and issued stock to them. b. Borrowed $10

Vladimir [108]

Answer and Explanation:

The indication of the account, amount and the direction of the effect are as follows

As we know that

Accounting equation is

Total assets = Total liabilities + stockholder equity

Based on this, the indication and the direction aare as follows

Assets = Liabilities + Stockholders' Equity

A) $13,000 = 0 + $13,000

It increased both the assets and the stockholder equity i.e capital

B) $10,000 = $10,000 + 0

It increased both the assets and the liabilities

C) $1,100 = $1,100 + 0

It increased both the assets and the liabilities

D) +$18,000 -$1,600 = $16,400 + 0

It increased the land by $18,000 and decreased the cash by $1,600 and at the same time it increased the liabilities by $16,400

E) +$6,000 -$1,600 = $4,400 + 0

It increased the equipment by $6,000 and decreased the cash by $1,600 and at the same time it also increased the liabilities by $4,400

Total $44,900 = $31,900 + $13,000

4 0

3 years ago

Identify which accounts should be closed on May 31.

vaieri [72.5K]

Answer:

Cash ___________________ Not Closed

Supplies _________________Not Closed

Prepaid Insurance _________ Not Closed

Land ___________________Not Closed

Buildings ________________Not Closed

Equipment _______________Not Closed

Accounts Payable _________ Not Closed

Unearned Rent Revenue ____Not Closed

Mortgage Payable _________Not Closed

Common Stock ___________Not Closed

Rent Revenue ____________Closed

Salaries and Wages Expense_Closed

Utilities Expense __________ Closed

Advertising Expense _______ Closed

Interest Expense __________ Closed

Insurance Expense _________Closed

Supplies Expense __________Closed

Depreciation Expense _______Closed

Explanation:

In accounting, there are two types of accounts

Temporary
Permanent

Temporary

Temporary accounts are closed at the end of each accounting period and new balance are maintained for the new period.

Expense and Income accounts are temporary accounts and these accounts are closed in the retained earning account of the balance share.

In this question following accounts are temporary accounts and these are needed to be closed at the end of the period.

Rent Revenue

Salaries and Wages Expense

Utilities Expense

Advertising Expense

Interest Expense

Insurance Expense

Supplies Expense

Depreciation Expense

Permanent Accounts

Permanent accounts are not closed at the end of each accounting period and they carried their net and accumulated balance in the next period.

Assets, Equity, and Liabilities accounts are permanent accounts.

In this question following accounts are permanent accounts

Cash

Supplies

Prepaid Insurance

Land

Buildings

Equipment

Accounts Payable

Unearned Rent Revenue

Mortgage Payable

Common Stock

5 0

3 years ago

Read 2 more answers

fields company has two manufacturing departments, forming and painting. the company uses the weighted average method and it repo

UNO [17]

The equivalent units of production for both direct materials and conversion for the forming department is 369,000, 384,000. b. The costs per equivalent unit of production for both direct materials and conversion for the forming department is 4.898, 3.129.

<h3>Equivalent unit of material and conversion</h3>

1. Equivalent unit of material and conversion

Unit transferred out = 34,500+490000-30000

Unit transferred out= 394,500

Equivalent unit of material = 394,500+(30000×85%)

Equivalent unit of material= 369,000

Equivalent unit of conversion = 394,500+(30000×35%)

Equivalent unit of conversion = 384,000

2. Cost per equivalent unit

Material = (56,200+1,800,200)/379,000 = 4.898

Conversion = (22,900+1,179,000)/384,000 = 3.129

3. Total Cost assigned

Cost assignment and reconciliation

Cost of units transferred out

Direct material= (394,500×4.898)

Direct material=1,932,261

Conversion=394,500×3.129

Conversion=1,234,391

Total Cost transferred out=1,932,261+1,234,391

Total Cost transferred out=3,166,652

Cost of ending work in process:

Direct material=(394,500-369,000)×4.898

Direct material=124,899

Conversion=(384,000-369,000)×3.129

Conversion=49,935

Total Cost of ending work in process= 124,899+49,935

Total Cost of ending work in process= 171,834

Hence:

Total Cost assigned=Total Cost transferred out+Total Cost of ending work in process

Total Cost assigned=3,166,652+171,834

Total Cost assigned=3,338,486

Therefore the equivalent units of production for both direct materials and conversion for the forming department is 369,000, 384,000. b. The costs per equivalent unit of production for both direct materials and conversion for the forming department is 4.898, 3.129.

Learn more about equivalent units for material and conversion here:brainly.com/question/24180104

brainly.com/question/23778248

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2 years ago

A ________ is a descriptive fact about a product or service; a ________ is what the customer gains from that characteristic.

A is a descriptive fact about a product or service; a is what the customer gains from that characteristic.