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elena55 [62]
3 years ago
12

PLEASE HELP TO ADD THE MISSING BOX

Business
1 answer:
emmasim [6.3K]3 years ago
4 0

<u>Answer:</u> Price skimming is suitable for products that have short life cycles.

<u>Explanation:</u>

Price skimming is a scenario where products are sold at very high prices to take the cream of the market and achieve break even. In the later stages the prices are reduced and the market is open for wider targets. The target customers are usually the early adopters. Most of electronic goods follow this type of pricing to take out the cost invested for their research purpose.

Only products which have short life cycle can have this type of pricing as the competition increases in the future. Or the replica of the products starts appearing in the market in later stages.

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Cavy Company accumulated 580 hours of direct labor on Job 456 and 850 hours on Job 777. The direct labor was incurred at a rate
JulsSmile [24]

Answer:

$30,800

Explanation:

Dr Work in progress 30,800

Cr Wages payable 30,800

Direct labour hours × Per direct labour hour

Job 456

580×15 = 8700

Job 777

850×26= 22100

22,100 + 8,700 = 30,800

7 0
2 years ago
A small metal shop operates 10 hours each day, producing 100 parts/hour. If productivity were increased 20%, how many hours woul
ipn [44]

Answer:

The plant would have to work 8.33 hours

Explanation:

Initial productivity:

100 parts were produced in 1 hour

Percentage increase in productivity = 20%

New productivity:

100 + (100 × 0.2) = 100 + 20 = 120

120 parts would be produced in 1 hour

Number of hours the plant would have to work to produce 1000 parts = 1000/120 = 8.33 hours

3 0
3 years ago
In evaluating the profit center manager, the income from operations should be compared a.across profit centers b.to historical p
olya-2409 [2.1K]

Answer: to historical performance or budget

Explanation:

A profit center in a business is a division that is able to make revenues independently and contribute to the revenue of the entire business. In evaluating the performance of a profit center manager, it is best to compare the performance to a budget or their historical performance.

This is because profit centers engage in different businesses and so their revenue making style will be unique. Some profit centers will make more than others because of the goods they produce or the way they produce it. It is therefore best to compare a profit center to an internal measure such as the budget and historical performance.

If the profit center exceeds either of these then they are performing well.

6 0
3 years ago
You need to write a check for $167.50 from your checking account, which has a balance of $1,725.25. What percent of
Alex

Answer:

You need to write a check for $167.50 from your checking account, which has a balance of $1,725.25. What percent of  your balance will remain?

The percent balance will remain 90%

Explanation:

$1725.25 - $167.50= $1557.75

percentage left= 1557.75/1725.25 X 100

percentage left= 90.291= 90.30%

6 0
3 years ago
Read 2 more answers
Winston churchill's stamp collection was valued at $14 million when he died. at auction, it brought in only $4 million. what was
katrin2010 [14]

$4 million.

An item is worth what the market is willing to pay for it, which is sometimes different than the estimated value.

6 0
3 years ago
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