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Archy [21]
2 years ago
7

What are deficient products? products that have neither immediate appeal nor long-run benefits products that give high immediate

satisfaction but hurt consumers in the long run products that have low appeal but may benefit consumers in the long run products that are either unsafe or inferior products in the decline stage of the product life cycle
Business
1 answer:
Lisa [10]2 years ago
7 0

Answer:

Products that have neither immediate appeal nor long-run benefits

Explanation:

A product represents a bundle of utilities created by a producer to satisfy a want.

A deficient product as the name suggests, would refer to such products which are deficient in attributes that represent a customer want and the ones which fail to satisfy customer wants.

Those products who do not conform to a particular quality standard or whose performance is below par as per customer expectations would be termed as deficient products.

Sometimes, organizations deliberately create deficient products so as to induce repurchase of subsequent products depicted as improvements over the previous ones.

Such products lack current appeal and are neither expected to accrue to long term benefits.

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The budgeted variable selling and administrative expense is calculated by multiplying the budgeted unit sales by the variable se
postnew [5]

Answer: True

Explanation:

Variable selling and administrative expenses increase with the number of sales so in order to get them, one needs to multiply the number of sales by the variable and administrative expenses.

This also goes for the budgeted variable selling expenses. To find out these costs, multiply the expected variable and admin expenses by the budgeted number of sales. The amount you get will show the amount of variable expenses to budget based on the sales you budgeted.

3 0
2 years ago
Unlike manufacturers, ________ buy products from other businesses but do not significantly alter the form of the products they b
LenKa [72]

Answer: Resellers

Explanation:

Resellers buy products from other businesses but do not significantly alter the form of the products they buy before selling them.

A reseller is a type of channel partner that acts as an intermediary between companies that make, distribute or provide IT products or services and end customers, which may be businesses or consumers. A key reseller role has been order fulfillment: The customer goes to a reseller to simplify the ordering process and offload procurement and order processing tasks.

Working with a reseller can also streamline product sourcing. A business that needs to purchase multiple technology components can make those purchases through a single reseller versus approaching multiple manufacturers or service providers directly. Competitive pricing may also attract customers to resellers.

6 0
3 years ago
Read 2 more answers
The more conservative a firm's management is, the higher its total debt to total capital ratio [measured as (Short-term debt Lon
PtichkaEL [24]

Answer:

False

Explanation:

The conservative approach is that the firm has greater level of working capital investment than the competitor or industry average. So to fund the higher level of working capital the company has a set of policy and targets related to the level of debt level which means the company will not be willing to borrow further money if their borrowing exceeds the set limit or benchmark. They might use the equity instruments (Preferred stock or Common equity) to fund the higher level of working capital.

So their no absolute argument whether the denominator will increase or the nominator will increase in the Total debt to capital ratio. Hence the statement is false.

8 0
3 years ago
Sandy earned a salary of $50,000 last year. Her parents gave her a car valued at $23,000 for her birthday. In addition, she earn
IgorLugansk [536]

Answer:

$51,200

Explanation:

Gross income computation includes all forms of income such as wages, rents, royalties, dividend etc. However, gifts and inheritances are not considered as a part of the gross income.

Therefore, Sandy's gross income consist of her salary, and the interest income

Sandy's Gross income = 50000 + 1200

                       = $51,200

The inheritance of her grandmother's estate and car gift are not included as a part of Sandy's gross income.

5 0
3 years ago
3. Assume that the Appliance Division is operating at 75 percent capacity. The Manufactured Housing Division is currently buying
OverLord2011 [107]

This question is incomplete, the complete question is;

Transfer Pricing: Various Computations

Corning Company has a decentralized organization with a divisional  structure. Two of these divisions are the Appliance Division and the Manufactured Housing Division. Each divisional manager is evaluated on the basis of ROI.

The Appliance Division produces a small automatic dishwasher that the Manufactured Housing Division can use in one of its models. Appliance can produce up to 20,000 of these dishwashers per year. The variable costs of manufacturing the dishwashers are $98.The Manufactured Housing Division inserts the dishwasher into the model house and then sells the manufactured house to outside customers for $73,000 each. The division's capacity is 4,000 units. The variable costs of the manufactured house (in addition to the cost of the dishwasher itself) are $42,600.  

Required:

Assume each part is independent, unless otherwise indicated.

1) Assume that all of the dishwashers produced can be sold to external customers for $320 each. The Manufactured Housing Division wants to buy 4,000 dishwashers per year. What should the transfer price be?

2) Refer to Requirement 1. Assume $24 of avoidable distribution costs. Identify the maximum and minimum transfer prices.  

3) Assume that the Appliance Division is operating at 75 percent capacity. The Manufactured Housing Division is currently buying 4,000 dishwashers from an outside supplier for $290 each. Assume that any joint benefit will be split evenly between the two divisions. What is the expected transfer price?

Answer:

a) The transfer price TP is the market ( $ 320 )

b)

- minimum transfer price : $ 296

- maximum transfer price : $ 320

c) the expected transfer price is $ 194

Explanation:

Given the data in the question;

a) What should the transfer price be?

The transfer price TP is the market ( $ 320 ) as all the dishwashers produced will be sold to the external customers for $ 320 .

b) Identify the maximum and minimum transfer prices?

Refer to question 1 above and assuming $24 of avoidable distribution costs.

the maximum and minimum transfer prices will be;

- minimum transfer price : $ 320 - $ 24 = $ 296

- maximum transfer price : $ 320

c) What is the expected transfer price?

given that; the variable costs of manufacturing the dishwashers are $98.

The Manufactured Housing Division is currently buying 4,000 dishwashers from an outside supplier for $290 each.

so potential gain = $290 - $98

= $ 192

thus, share of gain of each division will be;

⇒ $ 192 / 2 = $ 96

so the transfer price will be;

⇒ $ 98 + $ 96

= $ 194

Therefore, the expected transfer price is $ 194

4 0
3 years ago
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