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Aleonysh [2.5K]
2 years ago
8

A fad is a product that is popular for an extended period of time.

Business
1 answer:
Westkost [7]2 years ago
7 0
This is false. a fad is a product that is popular for a SHORT amount of time .
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Billy Mitchell is the head cashier for a clothing store that specializes in men’s silk suits. After losing big at the local dog
VARVARA [1.3K]

Answer: Fictitious refunds

Explanation:

A fictitious refund scheme, occurs when a fraudster processes a transaction to look as if a customer was returning a merchandise, even though there was no actual return. While some fraudsters create an entirely fictitious refund, other fraudsters just overstate the amount of a legitimate refund that took place and steal the excess money.

Billy Mitchell covering his gambling debts, issuing several refund credits to his personal credit card for amounts that were below the store’s review limit is an example of fictitious refund scheme.

4 0
3 years ago
Billy Boi Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent yea
Lena [83]

Answer:

The correct answer is $5,160.

Explanation:

According to the scenario, the given data are as follows:

Estimated OH = $88,480

Estimated direct labor hour = 2,800 labor hour

So, Estimated OH per labor hour = $88,480 ÷ 2,800 = $31.6 / labor hour

Actual OH = $80,160

Actual Direct labor hour = 2,700 labor hour

Now,  Applied OH = Estimated OH per labor hour × Actual Direct labor hour

= $31.6 × 2700

= $85,320

Since, Applied OH is Greater than Actual OH, it is underapplied OH.

Underapplied OH = Applied OH - Actual OH

= $85,320 - $80,160

= $5,160.

Hence, the underapplied OH for the year was $5,160.

6 0
3 years ago
Bobby decides to sell lemonade on a hot summer day. If Bobby sells 25 glasses of lemonade for $5.00 per cup, and his average tot
bulgar [2K]

Answer:

$ 120.60

Explanation:

25 glasses * $ 5/ glass = 125 dollars gross income

income - expense = profit

125 - 4.40 = 120.60 profit

5 0
2 years ago
Jimmy John's sandwiches claim to have "Freaky Fast" delivery. This ________, which refers to the place a product occupies in con
Salsk061 [2.6K]

Answer:

D) Product Positioning

Explanation:

Product positioning is the process used by marketers to communicate about their products to targeted customers. They focus primarily on the needs of the customers, availability of the channels for communication and attributes of the products. It enables the target customers to receive all the messages and update regarding the business and ask them to take the necessary steps accordingly.

7 0
3 years ago
At the time when products and services are produced or provided to customers, which functional area is responsible for ensuring
Norma-Jean [14]

Answer: operations

Explanation:

At the time when products and services are produced or provided to customers, the functional area that is responsible for ensuring that those products and services meet high quality standards is operations.

The people in the operations department are in charge of managing activities that relates to production of goods and services. Some if their functions are managing operations, embracing design, performance improvement, planning, control, and operations strategy.

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3 years ago
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