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Alika [10]
3 years ago
6

Nicole owns a small organic spice company called RaisaSpice and was looking for a new product to add to her company's line. A fr

iend suggested combining spices from India with tea. In the __________ stage of the new-product development process, the spice and tea mixtures were distributed to grocery stores in Portland and Seattle to see if they sold well.
Business
1 answer:
ivanzaharov [21]3 years ago
6 0

Answer:

market testing

Explanation:

Market testing -

It is the method to test a specific product or service , before getting it in the market , is known as market testing .

Hence , from the question ,

As, Nicole want to add another product to her spice company , so , as her friend gave her the idea , to mix spices from India ,

Therefore , during the stage of market testing , she distributed the mixtures of spices and tea to the stores in order to sell the response and determine the taste of people .

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Dern Company recently sold a large order of tables to Knoll Furniture Store. Terms of the sale require Knoll to sign a nonintere
denis-greek [22]

Answer:

the journal entry made by Dern to record the sales should be:

Date, merchandise sold to Knoll Furniture Store

Dr Notes receivable 21,000

    Cr Sales revenue 16,215.85

    Cr Discount on notes receivable 4,784.15

the journal entry made by Knoll to record the purchase should be:

Date, merchandise purchased from Dern Company

Dr Merchandise inventory 16,215.85

Dr Discount on notes payable 4,784.15

    Cr Notes payable 21,000

Explanation:

Non-interest-bearing notes must be recorded at present value, therefore, we must first determine the present value of the note = $21,000 / (1 + 9%)³ = $16,215.85

the present value of the notes receivable is equivalent to sales revenue, while the difference between the face value of the note and its present value is equal to the discount on notes receivable.

6 0
3 years ago
A manufacturing company applies factory overhead based on direct labor hours. At the beginning of the year, it estimated that fa
melomori [17]

Answer:

b. credit to factory overhead for $432,000.

Explanation:

Before recording the factory overhead costs  we need to do the calculations which are shown below:

For computing the ended overhead amount, first, we have to compute the predetermined overhead rate. The formula is shown below:

Predetermined overhead rate = (Total estimated factory overhead) ÷ (estimated direct labor-hours)

= $360,000 ÷ 30,000 hours

= $12

Now we have to find the actual overhead which equal to

= Actual direct labor-hours × predetermined overhead rate

= 36,000 hours × $12

= $432,000

So, the ending overhead equals to

= Actual manufacturing overhead - actual overhead

= $377,200- $432,000

= $54,800 under-applied

5 0
3 years ago
The ceteris paribus assumption is employed in economic analysis, in order to:
Anvisha [2.4K]
Let's start with the meaning of ceteris paribus , it is a Latin phrase which means keeping all the other things constant or unchanged . 
Now options were
 A)Focus on the effect of a single factor on a certain variable
 B)Make sure that all relevant factors are considered
 C)Distinguish macroeconomics from microeconomics
 D)Avoid making normative statements
 So from above definition we can understand that it works only on one
variable keeping others constant.
 So the answer will be
 A)Focus on the effect of a single factor on a certain variable
3 0
3 years ago
"Jack owns a local trucking company. With fuel costs being expensive, Jack wants to evaluate how much fuel, on average, he shoul
Sedbober [7]

Answer:

5,322.91 units

Explanation:

Given data

Annual demand = 85,000 gallons

Price of fuel = $2

Time = 5 days

Ordering fee = $50 per order

Holding cost per unit = 15%

So the holding cost is = $2 × 15% = $0.3

a. The computation of the economic order quantity is shown below:

= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}

= \sqrt{\frac{2\times \text{85,000}\times \text{\$50}}{\text{\$0.30}}}

= 5,322.91 gallons

Hence, the economic order quantity (EOQ) of fuel in gallons is 5,322.91

4 0
3 years ago
Alisa is employed by Hallmark Cards, Inc., where her responsibilities include maintaining displays of greeting cards in drugstor
Molodets [167]

Answer: rack jobber.

Explanation:

A rack jobber is alsso called a rack merchandiser and it refers to a company or a trader that display products and also sells such products in a store.

Since the responsibilities of Alisa include displaying the greeting cards, straightening the cards, pulling outdated cards, and installing new cards, then we can infer that Alisa is a rack jobber.

4 0
3 years ago
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