Answer:
E) Savings customers time
Explanation:
The fact that sales representatives can verify if the product they want to sale is available before closing the deal is of great benefit to the customers. Customers will not have to go through the bad experience of being promised a product, and having it delivered because of lack of availability.
This will help increase customer loyalty and the firm's reputation in the market.
Answer:
Substitute product
Explanation:
Since Alison uses an eco-friendly Seventh Generation brand diapers which was currently unavailable in the local grocery store, she substituted with the regular Pampers diaper brand.
She substitutes her priority brand over what she could supplement it with in the time of need.
Substitute goods are those which can be replaced with a comparable product similar to the one in current use.
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For the purpose of accounting, there are three types of expenditure.
1) Capital Expenditure
It is the amount incurred
in acquiring long term assets like land, buildings, equipments (which
are used for the purpose of earning revenues). These costs are reflected
in the account of Property, Plant and Equipment.
2) Revenue
Expenditure
It is the cost incurred in one accounting year wherein the benefits
are also enjoyed in the same period only. It does not increase the
earning capacity of the business, instead, it maintains the existing
earning capacity of said business. This expenditure is recurring in
nature like salaries and wages, selling and distribution expenses.
3) Deferred
Revenue Expenditure
It is a revenue Expenditure which has been incurred
within the current accounting year but its benefit will be extended to a
number of years. This cost is charged to the Profit and Loss account.
Example of this is advertising cost.
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Answer:
$45,400.
Explanation:
The cost for the year will be the sum of the three main cost component:
the direct materials added
the factory overhead applied
and the direct labor cost
<em>Cost Incurred during the year:</em>
direct materials 12,800
factory overhead 5,800
Direct labor 26,800
<u>Total cost added (or ncurred) during the month: 45,400</u>
Beginning WIP 50,600
Total cost to be accounted for 96,000
Ending WIP (37,300)
Cost of goods transferred out 58,700
Answer:
e. none of the choices.
Explanation:
Based on the scenario being described within the question it can be said that none of the choices are correct because this method focuses on obtaining an order quantity by fixing the quantity for a certain period of time, and calculating the total quantity of Net Requirements within the period. Therefore since the first week and week 4 are missing then none of these are correct, and since the information is not provided by choice answer d. is wrong too.
