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nekit [7.7K]
4 years ago
15

Exam: 10.10 Consumer Choices

Business
2 answers:
Setler [38]4 years ago
7 0
1.)d
2.)b
3.)c
note all answer may or may not be right I tryed
Anika [276]4 years ago
5 0

Answer:

It's D + B for the first two, but it's weasel words for the 3rd.

Explanation:

Weasel Words: this technique involves the use of positive words without actually really making any guarantee. The name for this technique comes from the way that weasels eat eggs; they suck out the inside of the egg, but leave the shell in place so that the egg looks fine. Some common weasel words that appear in ads are: helps, virtually, like, up to, the feel of, and so on. For example, an ad might say that a detergent will leave clothes virtually spotless. The ad is betting that you skip right over virtually and focus on spotless even though the ad is not promising that you have spotless clothes.

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Philanthropists, who hold that social responsibility is justified in terms of amoral duty toward helping less-advantaged members
Tanzania [10]

Answer: True

Explanation:

Philanthropists such as Bill Gates try to help the less-advantaged members of society by giving their time and / or raising and donating money to them to make their lives easier.

These philanthropists believe that doing so amounts to social responsibility and that such efforts should be carried out through organized, tax-deductible charity and stewardship which has led many to accuse some philanthropists of only doing good to avoid taxes.

8 0
3 years ago
Nelter Corporation, which has only one product, has provided the following data conceming its most recent month of operations:
mixer [17]

Answer:

<u>Part a</u>

Nelter Corporation

Contribution format income statement for the month using variable costing

Sales ($108 x 3,000)                                                                       $324,000

Less Cost of Sales                                                                          ($138,000)

Contribution                                                                                     $186,000

Less Expenses

Fixed manufacturing overhead                               $64,530

Fixed selling and administrative                               $9,000

Variable selling and administrative (14 x 3,000)    $42,000        ($115,530)

Net Income (loss)                                                                              $70,470

<u>Part b</u>

Nelter Corporation

Income statement for the month using absorption costing

Sales ($108 x 3,000)                                                                       $324,000

Less Cost of Sales                                                                          ($219,000)

Gross Profit                                                                                      $105,000

Less Expenses

Fixed selling and administrative                               $9,000

Variable selling and administrative (14 x 3,000)    $42,000        ($51,000)

Net Income (loss)                                                                             $54,000

Explanation:

<u>Calculation of Ending Units</u>

Beginning Inventory                 955

Add Production                      2,390

Total Available for Sale         3,345

Less Sales                             (3000)

Ending Inventory                      345

<u>Variable Costs Calculations</u>

Product Cost  = Variable Manufacturing costs

                        = $25 + $20 + $1

                        = $46

Cost of Sales = units sold x product cost

                       = 3,000 x $46

                       = $138,000

<u>Absorption Cost Calculation</u>

Product Cost  = Variable Manufacturing costs

                        = $25 + $20 + $1 + ($64,530 / 2,390)

                        = $25 + 20 + $ 1 + $27

                        = $73

Cost of Sales = units sold x product cost

                       = 3,000 x $73

                       = $219,000

8 0
3 years ago
what was the main cause behind the lowell strike in the mid nineteenth century? (a. wage cuts)( b. working hours) (c. living con
shtirl [24]
A I believe is your answer
4 0
3 years ago
Bradley works for Prestige Motors, an automobile dealership. All employees can buy a car at the company's cost plus 4%. The comp
Alexxandr [17]

Answer: $400

Explanation:

Even though Bradley did not have to pay the $500 dealer preparation fee, it cannot be completely waved off because it is a service fee.

For service fees, only 20% of their value can be excluded from gross income.

Bradley therefore will have to include the remaining 80% into their gross income.

= 80% * 500

= $400

3 0
3 years ago
There are two closing entries. The first one is to close _____; the second one is to close _____. a.the drawing account, revenue
rusak2 [61]

Answer:

b.revenues and expenses, the drawing account

Explanation:

Closing entries are placed in order to close all the temporary accounts. In First closing entry we close all the income and expenses accounts and in second entry we close the drawing account. Drawing account show the amount of cash or resources of the business which is personally used by the owner in the period only. It needs to be closed at the year end like income and expenses accounts.

8 0
3 years ago
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