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3 years ago

What are the four types of consumer goods?

2 answers:

6 0

1. shopping products 2. speciality products 3. unsought products 4.Convenience products. Among the four types of consumer products, the convenience product is bought most frequently.

REY [17]3 years ago

3 0

1. shopping products 2. speciality products 3. unsought products 4.Convenience products. Among the four types of consumer products, the convenience product is bought most frequently.

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Neil and Zack are working on a project that requires both research and presentation. Neil is better at research, so he gives the

natima [27]

The question provides us with the following scenario: "Neil and Zack are working on a project that requires both research and presentation. Neil is better at research, so he gives the presentation to Zack. " A comparative advantage is when an agent is better at something or can produce something at a lower cost. Here, Neil can do research better, so the answer is: A.) Neil doing the research

3 0

3 years ago

Read 2 more answers

Solar Innovations Corporation bought a machine at the beginning of the year at a cost of $28,000. The estimated useful life was

jeyben [28]

Answer:

You get the highest net income in year 2 with Units-of-production method.

Explanation:

Schedule of depreciation expense, accumulated depreciation, and book value per year for the equipment under the three depreciation methods is attached.

Straight-line 

Depreciation expense 2nd year=$5.000=(Original Value -Residual Value)/Useful life

Units-of-production 

Units of Production Rate=2.5=(Original Value -Residual Value)/estimated productive life

Depreciation expense 2nd year= 7250

 Double-declining-balance. 

Depreciation rate 20,00% 1/useful life *100

Depreciation expense 2nd year= 6720

Download xlsx

6 0

3 years ago

Ross company paid current month's rent, $1300. which accounts are affected

telo118 [61]

The accounts affected are Ross company and rent account

3 0

3 years ago

If "consumers were to decrease their saving for retirement and businesses" were to decrease borrowing for new plants and machine

emmasim [6.3K]

Answer: The supply of the loan able funds would decrease and so would it demand. It will also decrease.

Explanation:

With the decrease in the saving for the retirement purposes, the demand of the consumers would decrease for loan able funds. If the businesses also decrease the savings for new plant and machinery, it would decrease their demand for loan able funds.

Because of the decrease in the demand, the supply of the loan able funds will also decrease. But the effect of this on the real interest rates can not be said to be in a certain manner. It is uncertain.

7 0

2 years ago

Dilithium Batteries is a division of Enterprise Corporation. The division manufactures and sells a long-life battery used in a w

katrin2010 [14]

Answer:

Net Profit Under Absorption Costing for 60,000 units = $ 430,000 for 90,000 units = $ 940,000

Net Profit Under Variable Costing for 60,000 units = $ 250,000 for 90,000 units = $ 940,000

Explanation:

Enterprise Corporation

Dilithium Batteries

Absorption Costing Income Statement,

60,000 90,000

Sales 2100,000 3150,000

Manufacturing Costs 1500,000 1980,000

Gross Profit 600,000 1170,000

Variable Selling and

Administrative Expenses 120,000 180,000

Fixed Selling & Ad. Expenses 50,000 50,000

Net Profit 430,000 940,000

Enterprise Corporation

Dilithium Batteries

Variable Costing Income Statement,

60,000 90,000

Sales 2100,000 3150,000

Variable

Manufacturing Costs 960,000 1440,000

Variable Selling and

Administrative Expenses 120,000 180,000

Contribution Margin 840,000 1530,000

Fixed manufacturing overhead 540,000 540,000

costs

Fixed Selling & Ad. Expenses 50,000 50,000

Net Profit 250,000 940,000

5 0

3 years ago