1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zysi [14]
3 years ago
10

Item weight is the:______________. 1. Measure of how much consumers demand a particular item. 2. Percentage of the typical consu

mer budget spent on the item. 3. Significance placed on a particular item by the wealthiest households. 4. Physical weight of a good or service.
Business
1 answer:
erica [24]3 years ago
4 0

Answer:

2) Percentage of the typical consumer budget spent on the item.

Explanation:

In microeconomics, item weight refers to the money spent on purchasing a specific product with respect of the total money spent in total purchases. Item weight is usually measured as a percent of a specific purchase over the total purchases made by a consumer or household.

You might be interested in
The following data were accumulated for use in reconciling the bank account of Wolfpack Bread Inc. for August 20Y9:
Marizza181 [45]

Answer:

Adjusted bank account balance = Adjusted cash book balance = $34,500

Explanation:

Note: The correct requirement of this question is actually as follows:

Prepare a bank reconciliation.

It is not the ones erroneously stated in the question.

The bank reconciliation can now be prepared as follows:

Wolfpack Bread Inc.

Bank Reconciliation

August 31, 20Y9

Statement of Adjusted Bank Account Balance  

<u>Details                                                                       Amount ($)  </u>

Cash balance according to bank statement              33,580

Add:

Deposit in transit, not recorded by bank                    14,260

Less:

Checks outstanding                                                  <u>   (13,340)  </u>

Adjusted bank account balance                            <u>    34,500  </u>

Statement of Adjusted Cash Book Balance  

<u>Details                                                                       Amount ($)   </u>

Cash balance according to Wolfpack                         34,437

Add:

Check error ($762 - $276)                                              486

Less:

Bank service charges                                                     (144)

Other reconciling items (w.1)                                      <u>   (279)  </u>

Adjusted cash book balance                                    <u>  34,500  </u>

<u>Working:</u>

w.1: Other reconciling items = Cash balance according to Wolfpack + Check error ($762 - $276) - Bank service charges - Adjusted bank account balance = $34,437 + 486 - 144 - $34,500 = $279

7 0
2 years ago
A seller uses a perpetual inventory system, and on April 17, a customer returns $1,000 of merchandise previously purchased on cr
Vika [28.1K]

Answer:

The solution is given in tabular form.

7 0
3 years ago
Corporate social responsibility: Group of answer choices
Misha Larkins [42]

Answer:

Letter e is correct.<em> Extends beyond ethics to include community, environment, and human rights</em>

Explanation:

Corporate social responsibility refers to the voluntary commitment that companies have to make a contribution to the development of the society in which it operates, in addition to reducing its environmental impacts and ensuring the preservation of human rights. This is when the company implements beneficial actions that exceed those required by law.

In a globalized world, there is legal pressure from consumers, institutions, NGOs and the media to make companies not only profitable but also voluntary contributors to building a more egalitarian society.

The benefits added to companies that practice corporate social responsibility are diverse, with emphasis on improving community value and improving stakeholder satisfaction and perception.

5 0
3 years ago
Darren has developed a better type of medication vial for travelers. He is not sure how to develop a marketing program for his p
harina [27]

Answer:

The answer is: keyword analysis

Explanation:

Keyword analysis refers to the process of analyzing search phrases or specific keywords that leads visitors to a company's website, either through organic or paid search. Keyword analysis is the starting point or search marketing.

5 0
3 years ago
Rivera Company manufactured two products, A and B, during April. For purposes of product costing, an overhead rate of $2.00 per
OlgaM077 [116]

Solution :

a). The assigned total cost is :

$A =\$ \ 8000$

$B =\$ \ 24,000$

Total overheads                                 $ 500,000

Total hours                                             250,000

Plantwide overhead rate                        $ 2

Cost assigned to :

A ( 2 x 4 x 1000)                                   $ 8,000

B ( 2 x 4 x 3000)                                  $ 24,000

b).                                                      Department 1         Department 2

Overheads                                       $ 300,000                 $ 200,000

Hours                                                   200,000                       50,000

Overhead rate                                 $ 1.50                           $ 4.00

Overheads for the product A                        $ 8,500

  (1.5 x 3 + 4 x 1) x 1000

Overheads for the product B                        $ 40,500

  (1.5 x 3 + 4 x 1) x 3000

c).                                                          Plant wide          Departmental

material and labor                                  $ 10                        $ 10

overheads                                               $ 8                         $ 13.50

Total                                                         $ 18.00                  $ 23.50

Add: profit                                                $ 7.20                    $ 9.40

Selling price                                             $ 25.20                 $ 32.90

The difference               $ 7.70

Therefore, the increase in the selling price = $ 7.70

3 0
3 years ago
Other questions:
  • Joseph's team members are having problems getting along. they doubt the productivity of the team. although they have some compet
    8·1 answer
  • The news headline ​" animations cut movie budgets animations cut movie budgets​" deals with the​ ______​ question(s) of economic
    13·1 answer
  • Welfare is a general term for economic and social assistance programs.
    13·1 answer
  • Jones Company applies overhead based on direct labor hours. At beginning of the year, Jones estimates overhead to be $480,000, m
    7·2 answers
  • Your client's company wants to determine the relationship between its monthly operating costs and a potential cost driver. The o
    13·1 answer
  • Which interest group is thought to run the most effective grass-roots lobbying campaigns?
    11·1 answer
  • An advance payment of $1,000 for services was received on December 1 and was recorded as a liability. By the end of the year, $4
    9·1 answer
  • Expain what is debt in a 70 word paragraph
    13·2 answers
  • You have been hired as the Economics Advisor in a XYZ Ltd to help steer the company to greater heights. The company is launching
    7·1 answer
  • Under firm-commitment underwriting, the _______ assumes the full risk that the shares cannot be sold to the public at the stipul
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!