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Natasha2012 [34]
3 years ago
8

Firms that follow variable-cost pricing Multiple Choice sell their products at lower net prices abroad than in the domestic mark

et. ensure that no unit of a similar product is different from any other unit in terms of cost. tend to have high variable costs relative to fixed costs. often do so to maximize revenue by matching demand with a limited supply. ensure that each unit bears its full share of the total fixed and variable cost.
Business
1 answer:
IgorLugansk [536]3 years ago
7 0

Answer:

Sell their products at lower net prices abroad than in the domestic market

Explanation:

Variable costing is a product costing method where only the variable manufacturing cost like the cost of direct materials ,labor and the variable manufacturing overhead are factored into the cost of production. This does not consider a complete cost like the absorption method of costing and as a result , the final overall cost is lower,

Using variable cost males it possible to sell products at lower net prices abroad compared to the domestics market as the tax laws of various country requires absorption method , hence it is not captures using variable costing.

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Knowledge Check 01 On February 13, a jewelry store sells an engagement ring with a sales price of $10,000 to a nervous young man
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Answer:

Date      Account Title         Debit        Credit

Feb 13    Cash                 $10,975  

                  Sales                                  $10,000

            Sales Tax Payable          $975

             (10000 * 9.75%)

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3 years ago
A European dairy that is famous for its rich ice creams has introduced basil-, tomato-, fennel-, and oregano-flavored ice creams
V125BC [204]

Answer:

The survey would have happened during the stage of idea screening

Explanation:

The idea screening process involves comparing and contrasting  potential new  products in order to determine which of the ideas are a perfect fit for the business giving its  current resources, strengths , opportunities ,threats or limitations of the business.

At this stage of product development,the over-aching aim is to pick the products could be best invested that yield positive in a short while rather picking all available options that might drain the resources available and not yield commensurate returns.

5 0
3 years ago
Read 2 more answers
When formulating accounting principles, the Securities and Exchange Commission’s role is A : consistently secondary. B : nonexis
navik [9.2K]

Answer:

C: sometimes primary and sometimes secondary.

Explanation:

When formulating accounting principles, the Securities and Exchange Commission’s role is sometimes primary and sometimes secondary.Securities and Exchange Commission has the responsibility to develop accounting standards which has to be enforced by public companies and they also consistently looked to the private sector for assistance in it. The securities and exchange commission retains the authority to establish the standards which formulate by them.

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3 years ago
Consider a corrupt provincial government in which each housing inspector examines two newly built structures each week. All the
patriot [66]

Answer:

$104,000

Explanation:

The computation is  shown below:

= Bribe cost per each housing inspector × number of weeks in a year × number of newly built structures each week

= $1,000 × 52 weeks × 2

= $104,000

We simply multiply the three components i.e Bribe cost per each housing inspector, number of weeks in a year, and the number of newly built structures each week so that the accurate value can come.

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3 years ago
Access the EDGAR database (SEC.gov) and obtain the July 2018 form 10K filing (for the year ended May 31, 2018) for NIKE, Inc.
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<u>Solution and Explanation:</u>

Particulars                        2018  2017  2016

Revenues (a)                        36,397  34,350  32,376

Cost of sales (b)                20,441  19,038  17,045

Gross profit (c) = (a) - (b)  15,956  15,312  14,971

Gross margin ration

\text { (c) } /(a) * 100                           43.8%  44.6%  46.2%

Monetary 2018 Compared to Fiscal 2017  

For monetary 2018, our merged gross edge was 80 premise focuses lower than financial 2017, essentially mirroring the accompanying components:  

• Unfavorable changes in net outside cash trade rates, including supports (diminishing gross edge roughly 90 premise focuses);  

• Lower NIKE Direct edge (diminishing gross edge roughly 10 premise focuses) reflecting higher blend of off-value deals in the principal half of financial 2018, which was in part balanced by edge extension in the second 50% of monetary 2018;  

• NIKE Brand the maximum ASP, net of limits, on a discount proportionate premise, which was level for financial 2018 as higher limits in the principal half of monetary 2018 were counterbalanced by higher the maximum ASP in the second 50% of the year; and  

• NIKE Brand item costs, on a discount equal premise, which were level.  

<u>Financial 2017 Compared to Fiscal 2016  </u>

For financial 2017, our merged gross edge was 160 premise focuses lower than monetary 2016, basically determined by the accompanying elements:  

• Higher NIKE Brand the maximum ASP, net of limits, on a discount comparable premise (expanding gross edge around 70 premise focuses) lined up with our methodology to convey creative, premium items to the purchaser;  

• Higher NIKE Brand item costs (diminishing gross edge roughly 100 premise focuses) as an expansion in the blend of greater expense items and work input cost swelling more than balance lower material information costs;  

• Unfavorable changes in net remote money trade rates, including fences (diminishing gross edge around 90 premise focuses); and  

• Lower NIKE Direct edges (diminishing gross edge roughly 20 premise focuses) mirroring the effect of higher off-value deals.

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3 years ago
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