Answer: Deceptive
Explanation: Advertising sometimes, can be an instrument or avenue used to cheat or defraud people. It is used decieve,impress or mislead their audience by giving false statements or accounts of the
product or merchandise being advertised.Traders resort to fraudulent and deceptive means or practices just to sell their goods or products. This are factors which influences the public opinions on advertising.
Answer:
computer programmers
computer system Analysts
database administrators
network and computer systems administrators
Answer: $1,900 less than under absorption costing.
Explanation:
The ending inventory of finished goods under variable costing is the difference in carrying value of ending finished goods inventory.
That is calculated as,
Difference in Carrying Value of Ending Finished Goods Inventory = Unit fixed Manufacturing Overhead * Change in Inventory in Units
The Unit Fixed Manufacturing Overhead as implied is the fixed Manufacturing Overhead per unit
Calculated therefore as,
Unit fixed manufacturing overhead = 129,010 / 6,790
= $19
Now that we have that, we can refer back to thw first formula,
Difference in carrying value of ending finished goods inventory = Unit fixed manufacturing overhead * Change in inventory in units
= 19 × (6,790 - 6,690)
= $1,900
The carrying value on the balance sheet of the ending inventory of finished goods under variable costing would be $1,900 less than under absorption costing.
Answer:
Price elasticity
Explanation:
The company needs to check that the elasticity of demand is such that a decrease in the price would result in increase in the demand for the cars and trucks. Only when the demand is elastic, a cut in price would result in increase in demand for cars.
Here we can recall the concept of price elasticity which measures the responsiveness of change in demand of a commodity (in our case cars and trucks) due to change in the price of that commodity.
Ed= % change in quantity demanded / % change in price â¦.(1)
= (â²Q/Q)*100 / (â²P/P)*100
Here â²P refers to change that is difference between the price before cut and price after cut; similarly â²Q refers to change in quantity demanded for cars and trucks before price cut and after the price cut.
After simplification, we get
= (â²Q/â²P) (P/Q)
We can clearly notice in the formula (1) that if 1 % change in the price of car results in more than 1 % change in the demand for cars, the price cut is justifiable and profitable for the company and will lead to increase in the revenues for the company.
Answer:
Debit Credit
Cash $16,200
Accumulated depreciation-equipment $15,600
Gain on sale of equipment 1,800
Equipment 30,000
(To record sale of equipment)
Explanation:
According to the given data we have the following:
Equipment=$30,000
Cash=$16,200
Therefore,The accumulated depreciation would be=($30,000-4,000)/5*3
The accumulated depreciation would be=$15,600
Therefore, the sale to record would be as follows:
Debit Credit
Cash $16,200
Accumulated depreciation-equipment $15,600
Gain on sale of equipment 1,800
Equipment 30,000
(To record sale of equipment)