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3 years ago

3 Points

Business

2 answers:

Maslowich3 years ago

5 0

Answer:

C. An auction market

Explanation:

Option A is wrong because merchant wholesalers purchase any products directly from the manufacturers and sell those to the retailers, or consumers. In that case, buyers and sellers do not need to come together to complete a transaction.

Option B is incorrect as the warehouse club is recognized as a retail store where customers can purchase bulk products to reduce the expenses. In that case, only sell is the motive.

Option D is wrong because drop shippers cannot hold the inventory to their stocks. Therefore, customers and manufacturers will not come together.

Option C is correct because, in an auction market, the buyer and the seller have to come at the same time to complete a transaction. In that market, the buyer will directly negotiate with the seller to purchase a product or something else.

Sati [7]3 years ago

5 0

Answer:

Explanation:

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Which of the following is correct concerning reactions to INCREASES in activity? Total Variable Cost Variable Cost Per Unit A) I

maxonik [38]

Answer:

Total Variable Cost, Variable Cost Per Unit

Explanation:

The increase of the activity is associated with the increase of the total variable costs and costs per the unit and is the sum of the variable cots of each individual product developed and is obtained by multiplying one unit of the variable cost to the products.

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2 years ago

A local government operates on a calendar-year basis. Prepare journal entries to record the following transactions and events fo

sergeinik [125]

Answer:

Feb. 1 DR Cash $400,000

CR Tax anticipation notes $400,000

Dec 31 DR Expenditures - Interest $3,666.67

CR Accrued Interest Payable $3,666.67

Working

February to December = 11 months

Interest = 400,000 * 1.0% * 11/12 months = $3,666.67

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Working

Interest Income = 50,000 * 0.8% * 6/12 months

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2 years ago

Which of the following is an example of direct labor cost for a cell phone manufacturer? a.salary of plant supervisor b.cost of

insens350 [35]

Answer:

d.cost of wages of assembly worker

Explanation:

The following are not related to cost of producing the cell phone because

a.salary of plant supervisor: Overall supervisors are accountable of various product of the organisation for example the plant might have five outputs with the cell phone being one of them therefore his/her labor costs are not related to a certain product.

b.cost of phone components : Direct labor is related to cost of paying workers in an organisation therefore cost of phone components doesn't have anything to do with people.

c.cost of oil lubricants for factory machinery : explanation is the same as in b

d.cost of wages of assembly worker : the worker the directly linked to the production of the product thus his/her wages are a direct labor cost to the manufacturer.

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2 years ago

Calculate the monthly payment for a 5-year car loan of $23,570 at 10. 43% interest, compounded monthly. A. $247. 44 b. $337. 56

Phoenix [80]

The monthly payment for this car loan is equal to: D. $505. 79.

Given the following data:

Time = 5 years

Principal = $23,570

Interest rate = 10.43%

To calculate the monthly payment for this car loan:

Mathematically, the monthly payment on a loan is given by this formula:

$M = \frac{P(\frac{r}{12})(1 \;+\; \frac{r}{12})^{12t}}{(1 \;+ \; \frac{r}{12})^{12t} -1}$

Where:

P is the principal or amount borrowed.

r is the interest rate.

M is the monthly payment.

t is the number of years.

Substituting the given parameters into the formula, we have;

$M = \frac{23570(\frac{0.1043}{12})(1 \;+\; \frac{0.1043}{12})^{12 \times 5}}{(1 \;+\; \frac{0.1043}{12})^{12 \times 5}\; -\;1}\\\\M = \frac{23570(0.008692)(1 \;+\; 0.008692)^{60}}{(1 \;+\; 0.008692)^{60}\; -\;1}\\\\M = \frac{23570(0.008692)(1.008692)^{60}}{(1.008692)^{60}\; -\;1}\\\\M = \frac{23570(0.008692)(1.6808)}{1.6808\; -\;1}\\\\M = \frac{344.34}{0.6808}$

Monthly payment, M = $505.79

4 0

2 years ago

13. The use of cross-functional teams in product design and preproduction manufacturing is known as: a. Manufacturability and va

natita [175]

Answer:

The correct answer is letter "B": Concurrent engineering.

Explanation:

Compared to the traditional model in which the design is drawn chronologically and methodically, concurrent engineering is a method that allows working in parallel. This model is based on the idea that designers must consider all the stages a product goes through, from the moment when it is an idea until it reaches end-consumers.

This implies the design of the product, its production, quality measurements, market demand, and its positioning among competitors.

5 0

2 years ago