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Aleks [24]
4 years ago
6

____ the benefit marketing provides by transforming raw materials into finished products, as when a dress manufacturer combines

silk, thread, and zippers to create a bridesmaid's gown.
Business
2 answers:
Crazy boy [7]4 years ago
5 0

Answer:

Form Utility

Explanation:

Utility refers to the worth or value a consumer needs and is expectant in exchange for the money he pays for buying the product of the company.

Form utility is the worth seen by a consumer in finished products. The company tries to increase form utility by making the product available for usage in a form, making it ismore useful to the consumer in this form, rather the materials in the raw form used to make it.

For e.g. when a dress manufacturer combines silk, thread, and zippers to create a bridesmaid's gown.

Kamila [148]4 years ago
3 0

Answer:

Form Utility

Explanation:

Form Utility represents the value of a finished product as perceived or seen by the consumer of the product. Form utility actually describes the attractiveness of a product seen by a customer. This attractiveness is as a result of a manufacturer's ability to take a raw material (which is not too useful to the consumer) and transform it to a finished and desirable product for the consumer.

A consumer percieves or sees a product more useful in its consumption or finished form rather than its raw state.

A dress manufacturer takes the silk, thread and zippers as raw materials and transform them into an attractive bridesmaid gown for the consumer, this is form utility.

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raketka [301]

Answer:

Explanation:

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3 years ago
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6 0
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In November 1, Alan Company signed a 120-day, 10% note payable, with a face value of $27,000. Alan made the appropriate year-end
Dafna11 [192]

Answer:

The journal entry as of march 1 will be:

Debit Notes payable $27,000

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Debit Interest Expense $450

Credit Cash $27,900

Explanation:

payable amount = $27,000

 Issued on 1st Nov

 Term = 120 days

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Days from 1st Nov to 31st Dec = 60 days

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Interest expense from 1st Nov to 31st Dec

 = 27000 x 10% x 60/360

 = $ 450

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Interest expense from 1st Jan to 1st March

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 = $450

One maturity, 1st March, cash payment would include $27000  (amount of notes payable) + $900 (interest amount = 27000 x 10% x  120/360).

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This cash payment of $27,900 will be credited.

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Therefore , The journal entry as of march 1 will be:

Debit Notes payable $27,000

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Debit Interest Expense $450

Credit Cash $27,900

7 0
3 years ago
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