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aleksley [76]
3 years ago
13

Neakanie Industries sells specialized mountain bikes. Each specialized bike purchased includes free maintenance service for 12 m

onths. The price of the specialized bike is $700. When sold separately, a maintenance contract is $200 and a comparable but non-specialized bike is $600. What amount of revenue will Neakanie recognize at the date of sale for each bike
Business
1 answer:
Korvikt [17]3 years ago
8 0

Answer:

$525

Explanation:

Given that,

Each specialized bike purchased includes free maintenance service for 12 months,

Price of the specialized bike = $700

When sold separately,

Maintenance contract = $200

Comparable but non-specialized bike = $600

Total value = $200 + $600

                  = $800

The whole price of the specialized bike will be based on the ratio of maintenance contract and the individual prices of non specialized bikes.

Revenue from the sale of bike:

= Price of the specialized bike × (Price of non specialized bike ÷ Total amount)

= $700 × ($600 ÷ $800)

= $700 × 0.75

= $525

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When Terry Doyle of CommuniCom, Inc. created smaller, more independent maintenance units, he was performing the function of:
leva [86]

Answer:

Organising

Explanation:

Organising is defined is the process of sharing responsibility based on sections and departments. It is also establishment of relationship among between the people involved in a project so that efficiency is ensured.

In this scenario where Terry Doyle of CommuniCom, Inc. created smaller, more independent maintenance units, he is performing organising function by allocating resources in the organisation.

8 0
3 years ago
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borishaifa [10]

Answer:

But for Me its 10:00 AM now

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3 0
3 years ago
Who is in charge of making sure the correct type and amount of fabric is ready for a new clothing line
Dvinal [7]

The person in charge of making sure the correct type and amount of fabric are ready for a new clothing line is Patternmaker.

  • This is because a Patternmaker is someone who is a specialist in making clothing samples.

  • These samples are designed according to the correct type and quantity of fabric to be used for a new clothing line.

  • Usually, a patternmaker is someone responsible for ensuring the clothing design model is transformed into actual production.

Hence, in this case, it is concluded that Patternmaker is the person in charge of making sure the correct type and amount of fabric is ready for a new clothing line.

Learn more here: brainly.com/question/10012741

7 0
3 years ago
The finished goods inventory estimated for March 1, for the Bath and Gym scale models is 11,800 and 8,100 units, respectively. T
Mumz [18]

Answer:

Production Budget  Bath     118,200        

Production Budget   Gym    59400  

Explanation:

The production budget is calculated by adding the desired finished goods ending inventory to the sales and subtracting the opening inventory from it.

Production Budget

                                           Bath                Gym

Northern Sales                40,000             25000

<u>Southern Sales                75,000              35000</u>    (Missing Data)

<u>Total Sales                      115,000              60,000</u>

Add desired Ending

Inventory                           15000              7500

Less Opening Inventory  <u> 11800               8100</u>

<u>Production Budget            118,200          59400  </u>

<u />

<em>(The data in the given question was missing which has been added)</em>

<em>The Production Budget figures may change if the missing data is different from the one used.</em>

7 0
3 years ago
Candice is planning her activities for a hot summer day. She would like to go to the local swimming pool and see the latest bloc
Debora [2.8K]

Answer:

Option C People face tradeoffs

Explanation:

The reason is that the tradeoff is situation where the wise person value the matter on a set scale and then make a decision to choose the best for the thing that he is ready to sacrifice. In business, it is also called Opportunity cost. You have two options in the scenario, if you go to swimming you can't watch the movie and if you go to movie then you can't enjoy swimming.

Example

When my girlfriend calls me during job timings I have to choose to leave the work or carefully listen to her. If I don't consider the girlfriend call a tradeoff here, I will stay single. So tradeoff are very important.

6 0
4 years ago
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