Answer: 20000
Explanation:
Fixed Operating cost = $500,000
Variable cost = $50 per unit
Selling price = $75 per unit
Break Even Quantity can be calculated as:
Fixed Cost/Unit contribution margin
= 500,000/(75-50)
= 500,000/25
= 20,000
Answer:
<em>Open Communication</em>
Explanation:
In business, open communication is<em> really the capacity of anyone to obtain, access and share communication resources on one level in order to provide value-added facilities on yet another level in a layered communication system architecture under equal conditions with a transparent relationship between cost and pricing.</em>
It is important for business because it encourages your staff to become more involved and recognize that what they are doing counts to business success.
Answer:
(a) Bank Reconciliation statement:
Bank's cash balance:
= Per bank statement + Deposits outstanding - Checks outstanding
= $22,346 + $1,725 - $1,300
= $22,771
Therefore, bank balance per reconciliation is $22,771.
Company's cash balance:
= Per general ledger - service fees
= $22,810 - $39
= $22,771
Therefore, company balance per reconciliation is $22,771.
(b) Journal entry to adjust balance for cash is as follows:
Bank service charge expense A/c Dr. $39
To Cash A/c $39
(To record bank service charge)
Answer:
d. Socratic questioning
Explanation:
Socratic questioning -
After the work of Socrates , Socratic questioning was developed .
According to this ,
As socrates developed an educational method , which focus to develop and discover answer by asking various students , some questions ,
Hence , by this method of asking question,
The person can get ideas about various new factors and ability of the person.
Hence , from the question,
The correct option is d. Socratic questioning .
When a new variety of Envirokids whole-grain breakfast cereals is first introduced, consumers will most likely engage in "limited decision making" when deciding whether or not to purchase this new product.
<h3>What is limited decision making?</h3>
When buying things that need a reasonable amount of time and effort to compare models and brands before making a decision, consumers use limited decision-making.
Some features of limited decision making are-
- When you require knowledge on an unexpected brand inside a well-known product area, perhaps. takes some time to obtain the necessary information.
- Examples include clothing, when the brand is unknown but the product class is known.
The three categories of decisions-making are-
- Organisational direction is determined by strategic decisions.
- Decisions made at the tactical level affect how tasks will be completed.
- Last but not least, operational decisions are those that staff members take on a daily basis to manage the company.
To know more about use of limited decision making while purchasing, here
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