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Elodia [21]
3 years ago
5

One of the advantages of off-the-shelf software is that ________________. a. the initial cost is lower because the software firm

can spread the development costs over many customers b. the software contains important features, thus eliminating the need for future modification and customization c. an organization does not have to pay for features that are not required and never used d. ​the software always matches current work processes and data standards
Business
1 answer:
77julia77 [94]3 years ago
3 0

Answer: Option A                                      

   

Explanation: In simple words, it refers to the software that is readily available in the market unlike the custom made software which are made for a specific purpose.

The cost of such software is less as they do not demand the expertise and time that is needed to manufacture a custom made software.

Hence from the above we can conclude that the correct option is A.

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Jill earns a salary of $425.00 per week, plus a commission of 20% on all sales. Last week she sold $1,123 worth of goods. How mu
ch4aika [34]
To find 20% of the value of the goods,
1,123 x 20% (this is the same as 1,123 x 0.2)
= 224.6

Add the salary and the commission,
425.00 + 224.6
= 649.60

Therefore Jill was paid $649.60 last week

4 0
3 years ago
Read 2 more answers
Diane owns a bakery where she sells cupcakes. Two blocks down there is another bakery, CC's Bakery, that sells cupcakes for $1 l
BabaBlast [244]

Answer:

competition based pricing

Explanation:

When a company engages in a competition based pricing strategy, they will set the price of their products or services taking based on the price of their main or direct competitor. The product or service provided by the competitor is used to benchmark both the price and quality of the goods and services offered by the company.

For example, Coca Cola products are used as a price reference for all the soda products sold by other companies.

8 0
3 years ago
All of the following statements about exit in monopolistic competition are true, except: Select the correct answer below: When e
Murljashka [212]

Answer:

When economic losses induce firms to leave the industry, demand for the original firm decreases.

Explanation:

A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopoly has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.

An example of monopolistic competition are restaurants  

When firms are earning positive economic profit, in the long run, firms enter into the industry. This drives economic profit to zero

If firms are earning negative economic profit, in the long run, firms leave the industry.  This drives economic profit to zero

in the long run, only normal profit is earned

5 0
3 years ago
Imprudential, Inc., has an unfunded pension liability of $750 million that must be paid in 17 years. To assess the value of the
Lana71 [14]

Answer:

$202,701,713.58

Explanation:

Present value of this liability = Value of liability / ((1+r)^t)

Present value of this liability = $750 million / ((1+0.08)^17)

Present value of this liability = $750 million / (1.08)^17

Present value of this liability = $750 million / 3.7000180548

Present value of this liability = $202,701,713.5840815

Present value of this liability = $202,701,713.58

6 0
3 years ago
The ACogs-153 company has provided the following data for the month of May: Inventories: Beginning Ending Work in process $ 24,0
meriva

Answer:

$209,000

Explanation:

   Schedule of Cost of goods manufactured

Particulars                                                Amount

Direct materials                                        $64,000

Direct labor cost                                       $94,000

Manuf. overhead cost applied to WIP     <u>$68,000</u>

Total manufacturing costs                        $226,000

Add: WIP Inventory, Beginning                $24,000

Less: WIP Inventory, Ending                     <u>$19,000</u>

Cost of goods manufactured                   $231,000

Add: Beginning Finished goods              $53,000

Less: Ending Finished goods                   <u>$57,000</u>

Unadjusted cost of goods sold                $207,000

Add: Underapplied manuf. overhead      <u>$2,000    </u> ($70,000-$68,000)

Adjusted cost of goods sold                   <u>$209,000</u>

4 0
3 years ago
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