Answer: Differentiable criterion
Explanation: In simple words, differentiable criterion refers to the phenomenon of market segments in which the producing entity differentiates its product on the basis of different customer base. The base can be set on the criteria of any factor like gender , age group or religion etc.
Under this criterion the producing entity produces the product by taking special considerations to the preferences of that particular customer group. In the given case two separate groups are responding similarly to a single product, hence, it fails differentiable criteria.
Answer:
balance in sales returns account = $18200
Explanation:
given data
credit balance = $23,000
Sales = $680,000
cash collections = $720,000
returned = 4%
credit = $32,000
to find out
balance in the allowance for sales returns account
solution
we get here estimates for returns that is
estimates for returns = 4% of $680,000
estimates for returns = $27200
so
balance in the allowance for sales returns account will be express as
balance in the allowance for sales returns account = credit balance + estimates for returns - credit ....................1
put here value we get
balance in sales returns account = $23,000 + $27200 - $32,000
balance in sales returns account = $18200
A monopolist maximizes profits at the output at which marginal revenue equals marginal cost.
<h3>Who is a monopolist?</h3>
It should be noted that a monopolist simply means an individual that controls the sale of a particular good in the market.
In this case, a monopolist maximizes profits at the output at which marginal revenue equals marginal cost.
Learn more about monopolist on:
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Answer:
a. The cutoff value for investigation if the controller’s rule of thumb is to investigate all variances equal to or greater than 6 percent of standard cost is $2,280.
b.The month that will have their direct-labor efficiency variance investigated will be the month of since june variance is 2,400 and hence is above $2,280.
Explanation:
According to the given data, the standard direct-labor cost during each of these months was $38,000, therefore, in order to calculate the cutoff value for investigation, we would have make the following calculation:
Cutoff value for investigation =6% of Standard cost =$38,000 *6% =$2,280
The month that will have their direct-labor efficiency variance investigated will be the month of since june variance is 2,400 and hence is above $2,280.
