Answer:
The total value of this company's ending inventory is $ 1,075
Explanation:
Under the lower of cost or market method, Inventory is measured at the lower of either cost or market value
Calculation of total value of this company's ending inventory is as follows:
Part A Lower is Replacement Cost. Therefore (50units×$4.50) 225
Part B Lower is Cost. Therefore (75 units×$6.00) 450
Part C Lower is Replacement Cost. Therefore (160units×$2.50) 400
Total Value of Inventory 1075
Answer:
The Streaming device - elastic
An elastic good is a good whose demand falls a lot, or proportionally, if the price rises. In this case, the price of the streaming device rose by 42%, and revenue fell proportionally even more, by 59%, thus, the streaming device is a very elastic good.
Cinema ticket prices - Unit elastic
A perfectly inelastic good is a good whose demand does not respond to price changes. In this case, even if the ticke prices were lowered, demand stayed the same because revenue stayed the same.
DVDs - Inelastic
The DVDs are inelastic because even if the prices were raised, demand was not affected, and in fact, it grew. An inelastic good is a good whose demand only responds to price in a limited way.
Answer: Workload
Explanation:
The workload approach is one of the type of method that set the size of the sales force and also helps to reduce the complexity.
- It higher the volume of the products for establish the practice between the customers and manufacturing the products.
- The workload approach mainly focus on the various types of management issue such as marketing communication, market sharing goals and the pricing and the investment.
Therefore, Workload approach is the correct answer.
Answer:
supply; decrease
increase; demand
Explanation:
If the production costs decline, producers are able to manufacture more products with the same amount of money which means that the supply increases and when the amount of products offered increases, the price tends to decrease.
If the unemployment decreases, more people have jobs and salaries which means that consumer income increases and if people have more money, they are more willing to buy things which causes the demand to increase.
washing your hands would for sure be a habit you should follow to avoid illnesses and infections.