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3 years ago

One difference between services in the production of goods is that the services are consumed blank where as good as can be blank

1 answer:

8 0

One difference between services in the production of goods is that the services are consumed by the consumer instantly where as good as can be stored by the consumer

Explanation:

Goods and services are two important types of purchases that people make.

A good is termed as tangible or physical product that people can buy, tangible meaning something you can touch,and store for later use

A service is said to be intangible, which can't be physically touched or stored.You can only pay for a service

The term Perishability means that services cannot be stored for later sale or use. In other words, services cannot be inventoried. This is one of the most significant characteristics of services, and it has a major impact on financial results of a company

One difference between services in the production of goods is that the services are consumed by the consumer instantly where as good as can be stored by the consumer

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Which QuickBooks Online report answers the common business question: "Who owes me money?"

ki77a [65]

Answer:

Accounts Receivable Aging report.

Explanation:

Because you're receiving money.

8 0

3 years ago

Delectable, Inc.'s unadjusted trial balance includes Accounts Receivable of $10,000; Allowance for Doubtful Accounts of $50 cred

Semenov [28]

Answer:

Allowance for Doubtful Accounts of $1000 credit balance and Bad Debt Expense of $950 ($1000- 50 (unadjusted))

Explanation:

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3 years ago

Which of the following formulas is used to calculate the materials price variance? a.(Actual Price × Actual Quantity) – (Standar

GalinKa [24]

Answer:

b.(Actual Price × Actual Quantity) – (Standard Price × Actual Quantity)

Explanation:

The material price variance shows how favourable or otherwise the actual material price is compared to the standard price. Where the actual material price is higher than the standard price, it results in an unfavorable variance and when the standard price is higher than the actual price, it results in a favourable variance.

The formula for the material price variance

= (Actual price - Standard price) × Actual quantity

= (Actual price × Actual quantity) - (Standard price × Actual quantity)

Hence the right option is b.

6 0

4 years ago

Suppose that in 2007, Ford sold 500,000 Mustangs at an average price of $18,800 per car; in 2008, 600,000 Mustangs were sold at

S_A_V [24]

Answer:

Actually suggests that there was an increase in the demands for Mustangs between 2007 and 2008

Explanation:

Two factors are important to consider in order to make the decision:

The first is the quantity of Mustangs sold

The second is the average price of Mustangs in each year

2007

500,000 Mustangs sold at an average price of $18,800

2008

600,000 Mustangs sold at an average price of $19,500

Implication

The quantity demanded of Mustangs in 2008 was so enormous that supply could not keep up with demand, hence, it created a gap between quantity demanded and quantity supplied. Once, there is a shortage of supply for a product the effect is that price of the product wil go up.

Therefore, the demand went up by 100,000 Mustangs in 2008 and since supply struggled to match this demand, the average price also went up by an aveage of $700

So, the statements show that the demand for Mustangs went up in 2008 and consumers were willing to pay more to get one.

3 0

3 years ago

The online book review magazine, bookreviewusa, offers free access to all their reviews and author interviews; however, only tho

Sphinxa [80]

Answer:

Inform or entertain the audience

Explanation:

This organization provides readers with information and content about the reviews they perform, but if the audience wants to gain access to book extracts, they have to pay for a premium service. This is a strategy to engage new potential consumers and establish a regular base of customers that enhances the web goal of the organization.

7 0

4 years ago