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2 years ago

What are some disadvantages of making the decision to use a tiered service approach at Eligin Technology Products

Business

1 answer:

lukranit [14]2 years ago

7 0

Explanation:

There are several drawbacks involved with the use of the tiered pricing approach, such as the commitment of a buyer to the firm, a - customer relationship and a variety of benefits and services for the customer.

a) The end of year will be awarded to customers purchasing $100,000 worth of products, due to a five percent bonus offer for their sales throughout the year.

b) commitments to resolve all customer service problems in the next day turnaround time.

c) Consumers ordering goods over $500,000 will be compensated with a 10% discount and a 4-hour contribution to solving all customer service issues.

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Kingbird Company has five employees participating in its defined benefit pension plan. Expected years of future service for thes

viktelen [127]

Answer:

Total number of years remaining for employees = 3 + 4 + 5 + 6 + 6 = 24 years.

Projected benefit of $88,560.

Year Annual Amortization

2020 88,560 * 5/24 $‭18,450‬

2021 88,560 * 5/24 $‭18,450‬

2022 88,560 * 5/24 $‭18,450‬

2023 88,560 * 4/24 $‭14,760‬

2024 88,560 * 3/24 $‭11,070‬

2025 88,560 * 2/24 $‭7,380‬

Total $88,560

Every year the projected benefit is amortized by the number of employees still working divided by the total number of years for all the employees.

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3 years ago

The strategy of setting a single price for two or more units is known as

jekas [21]

Is known as multiple- unit pricing.

8 0

3 years ago

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An inventory error not only affects the current year's cost of goods sold, gross profit, net income, current assets and equity,

pychu [463]

The correct answer is "ending inventory of one period is the beginning inventory of the next period."

An inventory error not only affects the current year's cost of goods sold, gross profit, net income, current assets, and equity, but also the next period's statements because ending inventory of one period is the beginning inventory of the next period.

That is why the manager has to be strict regarding the inventory of a company. Inventory has a cost that can be translated into money. So accountants have to be perfect regarding the inventory. So yes, ann error in keeping the inventory affects the company in that the ending inventory of one period is the beginning inventory of the next period. An internal audit can reveal the mistakes in accurately keeping the inventory. So it is better to put extra attention in the process so nothing wrong would be revealed after the audit.

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3 years ago

To qualify for the quantity discount, which of the following may not be joined together under the definition of any person?

Sedaia [141]

Answer:

C. Father and his 35-year-old son investing in separate account.

Explanation:

Quantity discount when offered relates to one particular account, and not multiple accounts at a time.

In a transaction joint accounts are called as single person where there is only one main account in consideration and no secondary account exists for the same.

As in the given options,

Option A of husband and wife investing in a joint account means a single account is made of which both the husband and wife are controllers.

Option B is of UTMA account which is made for the benefit of the minor child, although involves two people that is parent and child, but is run individually by the parent and is a single account.

Further Option C provides for separate investment accounts , which means two different accounts and therefore are completely different one of father and another of son, thus do not qualify of quantity discount jointly, either of the one account can claim the quantity discount as a person.

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3 years ago

Which statement about subsidiary ledger is most accurate

s344n2d4d5 [400]

The accounts receivable subsidiary ledger is a book of accounts that provides supporting detail for Accounts Receivable.

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3 years ago

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