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Vlad [161]
3 years ago
9

A prototype is a Group of answer choices mental grouping of similar objects, events, ideas, and people. step-by-step procedure f

or solving problems. best example of a particular category. simple thinking strategy for solving problems efficiently.
Business
1 answer:
Paha777 [63]3 years ago
6 0

Answer:

best example of a particular category.

Explanation:

A prototype can be defined as an early release or model of a product that has been built to practicalise a concept or process. A concept can be defined as a collection of similar ideas, objects, or events. For example an office chair, dentist chair, and barber chair are all for seating.

When you have a prototype you can compare new items with the prototype so that they can be grouped into categories.

Prototype is the original model of a product, that determines future versions of that product. That is future products are patterned according to the prototype.

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Task 2: Record the listed transactions of Nikea Inc. for the first quarter (January to March) in
gavmur [86]

Answer and Explanation:

The journal entries are shown below:

a. Cash Dr $20,000

     To Capital $20,000

(being the issuance of the capital stock is recorded)

b. Rent Dr $5,000

      To cash $5,000

(being the rent paid is recorded)

c. Supplies dr $1,500

       To Account payable $1,500

(being the supplies purchased on account is recorded)

d. Account payable Dr $1,000

     To cash $1,000

(being the amount paid is recorded)

e. Cash Dr $25,000

       To sales commission $25,000

(being the sales commission earned is recorded)

f. Automobile expense $4,500

     To Cash $4,500

(being cash paid is recorded)

g. Office salaries Dr $8,000

      To cash $8,000

(being cash paid is recorded)

h Supplies expense $1,500

    To supplies  $1,500

(being supplies expense is recorded)

g. Dividend payable $1,500

     To Cash $1,500

(being dividend paid is recorded)

3 0
3 years ago
Simone is the only provider of pumpkins for three cities. Because she has her own large garden, the marginal cost to produce an
Ainat [17]

Answer: hi your question has some missing data attached below is the missing table

answer : $9

Explanation:

If Simone practices price discriminations across cities i.e. charging different prices across city  instead of charging a single price

<u>To determine the additional profit we will apply the formula below</u>

Profit made from charging different prices   -  profit made from charging a single price

= ( ( $11 * 4) + ( $9 * 4 ) + ( $10 * 5) )  - ( $11 * 11 units )  

= $130 - $121

= $9

Note : For a single pricing system Simone will sell only 11 units at a unit price of $11

while for different pricing system Simone will sell 4 units in city A at$11 , 4 units in City B at $9 ,  5 units in city C at $10

7 0
3 years ago
Question 2 options: Assume that in short-run equilibrium, a particular monopolistically competitive restaurant (Applebee's) char
Triss [41]

Answer:

104

Explanation:

7 0
3 years ago
The Kitchen Company makes toaster ovens and bread machines. Toaster ovens Sales price per unit: $60 Variable costs per unit: $38
Sever21 [200]

Answer:

The company should produce 7,500 bread machines to maximize profit

Explanation:

Given:

                                                                      Toaster Ovens Bread Machines

         Sales Price per unit                                     60                           135

Less: variable cost per unit                                   38                           75

Contribution Margin per unit                                22                           60

Machine hours per unit                                            1                           2

Now,

Contribution Margin per Machine Hour = \frac{\textup{Contribution Margin per unit}}{\textup{Machine hours per unit}}

thus,

Contribution Margin per Machine Hour        22                           30

Since,

The Contribution Margin per Machine Hour for the bread is more, therefore to maximize profits the kitchen company should produce Breads machines.

also,

Number of units to be produced = \frac{\textup{Machine hours}}{\textup{Machine hours required}}

= \frac{\textup{15,000}}{\textup{2}}

= 7,500 units

5 0
3 years ago
Which of the following statements is true of the balanced-scorecard? Its primary focus is to base a firm's strategic goals entir
irakobra [83]

Answer:

The correct answer is letter "B": It attempts to provide a holistic perspective on firm performance.

Explanation:

A Balanced Scorecard is a management tool that allows implementing a frim's strategy thanks to a series of activities allowing permanent control over all the company's factors linking them with its objectives.  

After all the institution's <em>objectives, goals, indicators, </em>and <em>activities</em> have been identified, the information is entered in a chart using for that purpose Information Technology (IT) systems where the progress of each of them is monitored.

7 0
3 years ago
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