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zubka84 [21]
3 years ago
8

Calvin loves eating at mcdonald's claiming they have the best fries, but when it comes to dessert, he feels he's a cake connoiss

eur. he will eat cake only at kaminsky's, where a piece of cake costs $7.00. calvin's mcdonald's and kaminsky habit demonstrates a behavior called
Business
1 answer:
liq [111]3 years ago
3 0

Answer: Cross Shopping

Explanation: Cross shopping is a technique there a single consumer plays around different suppliers to get the goods of his/her liking. It involves having conflicting needs and purchasing premium and budget products. In this case,Calvin loves eating at mcdonald's claiming they have the best fries, but for dessert he likes to eat cakes only at kaminsky's. Since, Calvin is shopping from different suppliers to get the products of his liking his behavior will be called cross shopping.

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On January 1, 2021, Tabitha Designs purchased a patent for $384,000 giving it exclusive rights to manufacture a new type of synt
Elena L [17]

Answer:

$61,750

Explanation:

Amortization expenses per year =  Purchase Cost of Patent/Useful life of the Assets

Amortization expenses per year = $384,000/8 years

Amortization expenses per year = $48,000

Net Value for Depreciation = Purchase Cost of Machine - Salvage Value

Net Value for Depreciation = $149,000 - $39,000

Net Value for Depreciation = $110,000

Depreciation per year = Net Value for Depreciation/Useful life of the Assets

Depreciation per year = $110,000 / 8 years

Depreciation per year = $13,750

The amount to expense in 2024 related to the patent and equipment should be:

Amortization expenses = $48,000

Depreciation expenses = <u>$13,750</u>

Total                                   <u>$61,750</u>

7 0
3 years ago
An employee comes to work on time every day only because he knows that his pay will be docked if he is caught coming in late. Ho
Maru [420]

Answer:

The answer is: Postconventional moral development

Explanation:

At this stage of moral development, an individual´s morality is defined by more abstract principles and values. He or she may believe that some laws and rules are unfair and should be changed or eliminated. Individual realize that they are separate entities from societies and they may choose to not follow the rules of the organization.

7 0
3 years ago
Which of the following costs could contain both variable and a fixed cost element with respect to the total output of the compan
astraxan [27]

Answer:

b. manufacturing overhead costs.

Explanation:

Manufacturing overhead cost refers to all costs associated with production apart from direct labor or direct materials. They are the indirect costs incurred during the manufacturing process. Manufacturing overhead costs are the production costs that can not be traced directly to the produced items.

Examples of manufacturing overhead costs include depreciation, repairs and maintenance, insurance, and heating costs. Some aspects of the costs, such as depreciation, insurance, rents for the manufacturing space, are fixed costs. They do not vary with production. Other elements of manufacturing costs, such as power, repairs, and utilities, are variable costs.

7 0
4 years ago
Which of the following is not considered a legitimate expense of a partnership? a Interest paid to partners based on the amount
never [62]

Answer:

a Interest paid to partners based on the amount of invested capital.

Explanation:

A partnership is formed between two parties that agree to go into a venture for mutual gain. The parties share ownership of the business entity and as such are entitled to profit from their equity holdings.

Interest paid based on invested capital is considered a distribution of profit by the business and not an expense. This is similar to sharing profit to shareholders in a company.

Legitimate expenses include: cost of sales, staff cost, administrative costs, advertising costs, and professional expenses like hiring an accountant.

8 0
3 years ago
When a deposit on returnable containers is forfeited, the firm holding the deposit will experience: An increase in accounts rece
nikklg [1K]

Answer:

An increase in revenue

Explanation:

  • When a deposit on the returnable containers is forfeited then an increase in the revenue is made and as the originally the deposit was recorded as a current liability in the anticipation it by refunding the deposits has been earned as a revenue.  
  • Thus the container has been sold. The deposits thus had been forgotten are now sold and hence an increase of the sales and values of the product.
8 0
4 years ago
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