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3 years ago

Customer value is the relationship between benefits and the sacrifice necessary to obtain those benefits?

1 answer:

5 0

Costumer value is the relationship between benefits that costumers receive for loyalty to the brand and the losses incurred by the company to ensure their participation.

Explanation:

All companies would prefer to have a loyal user base that uses and buys their products again and again even if it means that the relative profit they make off of them will be less than what they make from a one of consumer.

It works in the way that a costumer who buys regularly will run through more material allowing the firm to sell more of the same material instead of having the older material let be stale until someone comes and buys it from them.

So even if the benefits provided to members are a little hefty on the company, they are willing to do it.

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During May, Bergan Company accumulated 2,500 hours of direct labor costs on Job 200 and 3,000 hours on Job 305. The total direct

alex41 [277]

Answer: Please see answers in explanation column

Explanation:

a)Total Labor Cost for Job 200 = Labor Hours x Direct labor rate

= 2,500 x $ 28

= $ 70,000

b)Total Labor Cost for Job 305 = Labor Hours x Direct labor rate

= 3,000 x $ 24

= $ 72,000

Labor Cost for Job 200 and Job 305 during May = $ 70,000 + $ 72,000

= $ 142,000

Date Account Titles and Explanation Debit Credit

May 31st Work In Progress $142,000

Wages Payable $ 142,000

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2 years ago

Which of the following would be a good opening statement to make to a new prospect as you visit for the first time with him?

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I think the answer is D

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3 years ago

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Monica owns an equestrian clothing store. After many customers complained that her clothing only fit petite riders, she decided

Vanyuwa [196]

Answer:

Companies must be prepared at all times to add to or adapt their product lines to satisfy the desires of customers for them to remain competitive.

Explanation:

One of the strategies companies to remain competitive is to adjust to the demand of customers. This will allow a company to retain current customers and win potential new customers.

Although this strategy may require additional fund but failure to adapt and add new product lines that satisfy wants of the customers can the company out of business.

Therefore, companies must be prepared to add to or adapt their product lines to satisfy customers' desires in order to remain competitive.

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3 years ago

Your friends own a lawn care business. They own their own equipment and trailers to transport it. Eventually they buy out anothe

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Preparing journal entries-outputs Hartley Company has a production process that involves three processes. Units move through the

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Answer:

(It is assume that completed unit have been transferred to next department)

The jounal entries for each transaction is given below.

Cost of units completed in the Cutting Department, $17,000

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Credit WIP cutting Dept $ 17,000

Cost of units completed in the Stamping Department, $30,000

Debit WIP polishing Dept $ 30,000

Credit WIP stamping Dept $ 30,000

Cost of units completed in the Polishing Department, $35,000

Debit Finished good $ 35,000

Credit WIP polishing Dept $ 35,000

Sales on account, $50,000

Debit GOGS $ 40,000

Credit Finished good $ 40,000

Debit Receivable Account $ 50,000

Credit Sales $ 50,000

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2 years ago

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