All categories

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.

You might be interested in

10 points Item Skipped eBookPrintReferencesCheck my workCheck My Work button is now enabledItem 7 Assume Organic Ice Cream Compa

serious [3.7K]

The completion of separate depreciation schedules for each of the alternative depreciation methods is as follows:

<h3>a. Straight-line Method:</h3>

Year Cost Annual Depreciation Accumulated Net Book

Depreciation Value

Year 1 $20,000 $4,455 $4,455 $15,545

Year 2 $20,000 $4,455 8,910 11,090

Year 3 $20,000 $4,455 13,365 6,535

Year 4 $20,000 $4,455 17,820 2,180

<h3>b. Units-of-production Method:</h3>

Year Cost Annual Depreciation Accumulated Net Book

Depreciation Value

Year 1 $20,000 $7,128 $7,128 $12,872

Year 2 $20,000 $5,346 12,474 7,526

Year 3 $20,000 $3,564 16,038 3,962

Year 4 $20,000 $1,782 17,820 2,180

<h3>c. Double-declining-balance Method:</h3>

Year Cost Annual Depreciation Accumulated Net Book

Depreciation Value

Year 1 $20,000 $10,000 $10,000 $10,000

Year 2 $20,000 $5,000 15,000 5,000

Year 3 $20,000 $2,500 17,500 2,500

Year 4 $20,000 $320 17,820 2,180

<h3>Data and Calculations:</h3>

Cost of asset = $20,000

Residual value = $2,180

Depreciable amount = $17,820 ($20,000 - $2,180)

Estimated productive life = 4 years or 9,900 hours

<h3>Annual depreciation rates:</h3>

Straight-line method = $4,455 ($17,820/4)

Units-of-production Method per unit = $1.8 ($17,820/9,900)

Double-declining-balance Method rate = 50% (100/4 x 2)

Learn more about depreciation methods at brainly.com/question/25806993

#SPJ1

3 0

2 years ago

Proprietary and fiduciary funds follow account and reporting principles similar to those of ______ organizations.

suter [353]

City of New York

Hope this helps (:

8 0

2 years ago

Sean is a monopolist who operates a business rigging tablets to run twice as fast as the original specifications. If sean charge

pochemuha

The answer is $7 because Marginal revenue is the change in total revenue from 10 customers ($400) to 11 customers ($407) How a monopolist maximizes profits

How does a monopolist determine its profit-maximizing level of output How does it determine the price that it charges?

The monopolist will select the profit-maximizing level of output where

MR = MC

and then charge the price for that quantity of output as determined by the market demand curve. If that price is above average cost, the monopolist earns positive profits.

How a monopolist maximizes profits

 Because Chuck, a sole commercial airplane operator in small isolated town, has no competition, he has complete control of market price of air travel in his small tone

 Reduced price → increase in ticket sales

 Monopoly maximizes profit by choosing an amount of profit in which marginal revenue equals marginal cost (MR= MC) Since Chuck must reduce his price to sell more units, he has an incentive to sell a smaller quantity than a perfective competitive company

Learn more about Marginal revenue :

brainly.com/question/10822075

#SPJ4

3 0

2 years ago

On September 1, Year 1, Gomez Company collected $9,000 in advance from a customer for services to be provided over a one-year pe

Margaret [11]

Answer:

d. $9,000; $9,000

Explanation:

As cash received on January 1 in advance to provide service in one year which is completed on December 31. So all the Unearned revenue is recognized because service for 12 month has been performed so whole amount will be reported in Income statement for the year ended December 31. Only cash received is from the service revenue activity so, it is also reported as $9,000. correct option is d. $9,000; $9,000.

4 0

3 years ago

Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the

telo118 [61]

Answer:

a. $175.50 and $11,060,000

b. $31,242,500

Explanation:

The computation of the fixed cost and the variable cost per unit by using high low method is shown below:

Variable cost per units = (High total cost - low total cost) ÷ (High units produced - low units produced)

= ($32,120,000- $25,100,000) ÷ (120,000 units - 80,000 units)

= $7,020,000 ÷ 40,000 units

= $175.50

Now the fixed cost equal to

= High total cost - (High units produced × Variable cost per unit)

= $32,120,000 - (120,000 units × $175.50)

= $32,120,000 - $21,060,000

= $11,060,000

Now the estimated total cost is would be

= Fixed cost + expected units of production × variable cost per unit

= $11,060,000 + 115,000 units × $175.50

= $11,060,000 + $20,182,500

= $31,242,500

5 0

3 years ago

Read 2 more answers

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.