Answer:
Q. Gear Up Co. pays 65% of its purchases in the month of purchase, 30% in the month after the purchase, and 5% in the second month following the purchase. What are the cash payments if it made the following purchases in 2018?
February 2018 $90,000, March 2018 92,000, April 2018 101,000, May 2018 98,000, June 2018 99,500.
Answer) $440,775
Explanation:
Cash payments to be made in 2018 for the purchases given in question are:
Feb 2018 Mar 2018 Apr 2018 May 2018 June 2018
Cash Payments
65% of $90,000 58,500
30% of $90,000 27,000
5% of $90,000 4,500
65% of $92,000 59,800
30% of $92,000 27,600
5% of $92,000 4,600
65% of $101,000 65,650
30% of $101,000 30,300
5% of $101,000 5,050
65% of $98,000 63,700
30% of $98,000 29,400
65% of $99,500 64,675
Total $58,500 $86,800 $97,750 $98,600 $99,125
Total payments in 2018=$440,775
(58,500+86,800+97,750+98,600+99,125)
Cost-based transfer pricing and market-based transfer pricing are the methods that usually used in establishing a transfer price.
The cost-based pricing is used determine the price of the product by the method of calculation. It is the best way the company can maximize profit.
The market-based pricing it when the company will look for the other product with similar price and evaluate it.
Answer:
Dollar voting is an analogy that has been used to refer to the impact of consumer choice on producers' actions through the flow of consumer payments to producers for their goods and services.
Lamborghini is a classic example of exclusive distribution.
Selective distribution is a method of product distribution where more than one distributor is present in a given area. Brands of televisions, furniture, and home appliances frequently use it.
Exclusive distribution, on the other hand, describes a distribution strategy that only uses one distributor, retailer, or wholesaler in a particular region. Designer clothing, cars, and even home appliances frequently go through exclusive distribution.
A corporation may use an intensive distribution marketing plan to try to sell its goods from a small vendor to a large retailer. A customer will almost always be able to find the merchandise wherever he travels.
The sale and transfer of a product from a producer to a wholesaler, retailer, and ultimately to the customer is known as indirect distribution.
Hence, Lamborghini is a classic example of exclusive distribution.
Learn more about distribution:
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Answer:
$264.00
Explanation:
Calculation to determine What will you enter on the NET DEPOSIT line
First step is to calculate the Total deposit checks
Total deposit checks = $72.50 +$65.25
Total deposit checks= $137.75
Second step is to add up the amount she has in the account.
6 ones = $11
4 fives = $20
4 tens = $40
4 twenties = $80
6 nickels = $0.30
12 dimes = $1.20
15 quarters = $4.00
Total 156.5
Now let calculate What will you enter on the NET DEPOSIT line
NET DEPOSIT line=($137.75+156.5)
NET DEPOSIT line=$294.25
NET DEPOSIT line=$294.00
Therefore What will you enter on the NET DEPOSIT line is $294.00