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JulijaS [17]
3 years ago
13

In contrast to __________ interactions, which allow the firm to gain insights on the needs of a particular customer, ___________

offers the opportunity to leverage the wisdom of a larger crowd. Multiple Choice
A. prosumer; crowdsourcing
B. prosumer; outsourcing
C. consumer; sourcing
D. marketing; crowdsourcing
Business
1 answer:
Reika [66]3 years ago
3 0

Answer:

A. prosumer; crowdsourcing

Explanation:

Prosumers are people who both produce and consume goods and services. Communities are made of of people who co-create goods, and so are independent of external communities in meeting their needs.

Crowdsourcing is a growing way of working which involves duties being open to a large number of people. The advantage is that there is a large pool of talent to solve problems and accomplish jobs.

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Foster Manufacturing uses a job order cost accounting system. On April 1, the company has Work in Process Inventory of $7,600 an
Andrej [43]

Answer:

<u>Foster Manufacturing </u>

<u>Journal Entries</u>

<u>Sr. No                       Particulars                       Debit           Credit</u>

1                    Work in Process Job No. 221        1200

                    Work in Process Job No. 222      1700

                   Work in Process Job No. 223       2400

                    Work in Process Job No. 224      2600

         Factory Overhead  Indirect Materials      600

                              Materials Inventory                                  8500

Materials Requisitioned to specific jobs work in process inventory.

2. Direct Labor    Work in Process Job No. 221        1600

     Direct Labor  Work in Process Job No. 222      2200

  Direct Labor    Work in Process Job No. 223       2900

    Direct Labor Work in Process Job No. 224      2800

                                                   Indirect Labor      400

                                      Payroll                                               9500

                                         Factory OverheadControl               400

Direct Labor used for specific jobs.

3.          Work in Process Job No. 221              1120

                    Work in Process Job No. 222      1540

                   Work in Process Job No. 223       2030

                    Work in Process Job No. 224      1960  

                         Manufacturing Overheads                            6930

Manufacturing Overheads applied to specific jobs at the rate of 70%.

4.     Finished Goods Inventory          $ 7940

      Opening   Work in Process Job No. 221                       3600

         Work in Process Job No. 221 Materials                     1200

         Work in Process Job No. 221 Direct Labor               1600

         Work in Process Job No. 221 MOH                          1540

Job 221 completed and transferred to finished goods.

                   

3 0
3 years ago
Dan owns an autographed copy of a brittany spears cd that he values at $100. if he sells the cd at the garage sale he's planning
Delvig [45]

The complete question is as follows:

Dan owns an autographed copy of a Brittany Spears CD that he values at $100. If he sells the CD at the garage sale he’s planning to hold in a few weeks, it will be sold to a buyer with a reservation price of $175. If he sells it on eBay, it will be sold to a buyer with a reservation price of $500. eBay will charge Dan $50 to auction the CD, which just covers eBay’s opportunity cost of running the auction. Relative to selling the CD at his garage sale, auctioning the CD on eBay will lead:

A. to no change in total economic surplus.

B. total economic surplus to increase by $500.

C. total economic surplus to increase by $275.

D. total economic surplus to increase by $100.

Answer: C - Total economic surplus to increase by $275.

In this question, we only need to consider producers' surplus since we're considering the various options for Dan to sell his CD.

We calculate Producer's Surplus as follows:

Producer's surplus = Market Selling Price - Economic Cost.

Economic costs not only refers to explicit costs like cost of the CD, but also includes opportunity costs. Since we need to calculate producer's surplus when Dan sells on Ebay, we need to consider the following costs:

Value of the CD = $100

Ebay's opportunity cost that Dan will have to bear = $50

Profit Dan would've received in garage sale = $75 ($175 - $100)

Among the three expenses listed above, the profit Dan would've got in the garage sale is considered the <u>implicit cost or opportunity cost.</u>

Substituting the values we have in the equation above, we get,

Producer's Surplus = 500 - (100+50+75)

Producer's Surplus = 275

8 0
3 years ago
Which of the following statements about globalization is NOT true?
PtichkaEL [24]
A globalization change in a relationship affecting a government
8 0
3 years ago
A crosswalk_<br>when there are no pavement markings.​
antoniya [11.8K]

Answer: It just would not be a cross walk it would be a road.

Explanation:

7 0
3 years ago
Read 2 more answers
On October 5, 2019, you purchase a $13,000 T-note that matures on August 15, 2031 (settlement occurs two days after purchase, so
yulyashka [42]

Answer:

a.  1.8716%

b.  $13,937.9955

Explanation:

The computation is shown below:

a. For accrued interest

= (Coupon rate ÷ 2) × (Before settlement days ÷ Total settlement days)

= (4.750% ÷ 2) × (145 days ÷ 145 days + 39 days)

= 2.3750% × 0.7880

= 1.8716%

b. Now the dirty price is

= Face value × (accrued interest percentage + current price quoted on the bond)

= $13,000 × (1.8716% + 105.34375%)

= $13,000 × 107.21535%

= $13,937.9955

By applying the above formulas we can get the accrued interest and the dirty price

3 0
3 years ago
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