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inysia [295]
3 years ago
13

What is a standard cost? a.The total number of units times the budgeted amount expected b.The total amount that appears on the b

udget for product costs Any amount that appears on a budget c.The amount management thinks should be incurred to produce a good or service
Business
1 answer:
Black_prince [1.1K]3 years ago
7 0

Answer:  Option c

                 

Explanation: In simple words, standard cost refers to the estimated amount of resources that an organisation thinks would be incurred to produce a specified amount of goods or service for the product.

These estimates are based on past experiences and future expectations, therefore, these are not certain and have a high chance that a difference will occur in actual performance. These estimates works as a guideline for performance, thus, it is prepared by the top managers of the departments of the entity.

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I. Rohit after doing his graduation has decided to run a retail shop as a source of livelihood.
omeli [17]

Answer:

b

Explanation:

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4 0
3 years ago
Suppose the Imperial Galactic Bank has received $1,000 of deposits and all banks face a required reserve ratio of 10 percent. Wh
Bumek [7]

Answer:

Money Multiplier= 1/ reserve ratio = 1/10% = 10

Change in Money Supply = Change in Reserves * Money Multiplier

= 1,000 * 10 = 10,000

So, option d is the correct option.

4 0
4 years ago
There are five steps involved in segmenting and targeting a market. What should a marketer do once she has developed a market-pr
lora16 [44]

The marketer should select target markets once she has developed a market-product grid and estimated the size of markets.

<h3>What is a target market?</h3>

A target market being a group of customers that a business decides to aim its marketing efforts and ultimately products on. They are potential customers that one wish to sell products or services to.

Target market are the group of people in which the products are made for. The products are specifically tailored to certain set of people.

Hence, the marketer should select target markets once she has developed a market-product grid and estimated the size of markets.

Learn more about target market here : brainly.com/question/20812603

7 0
3 years ago
The technology associated with the manufacturing computers has advanced tremendously. This change has led to the price of a comp
german
The technology associated with the manufacturing computers has advanced tremendously. This change has led to the price of a computer <u>falling</u> and the quantity <u>increasing</u>.

Lower prices most likely results in a higher demand for the product in question, which will increase the production rate of that product.
3 0
3 years ago
Read 2 more answers
The founder of the upscale shoe company Harry's Shoes Ltd. persuaded actors to wear prototypes of his company's shoes to the Osc
Zepler [3.9K]

Answer:

A. Opinion Leaders

Explanation:

Opinion leaders are individuals whose opinions and thoughts towards a product or service has a big influence on the position of others concerning where they stand about the product. They are influencers because they are able to influence people by their opinions. The leader is able to change and determine other people behavior according to their own preferences. In this case, the manager hopes that the actors wearing the prototype can have a positive impact by being opinion leaders and influencing other people to buy the product.

8 0
3 years ago
Read 2 more answers
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