Answer:
The correct answer to the following question is $437,500.
Explanation:
In their books Higgins Repair service should record the value of the land as $437,500, no matter offer the made and they offer receive for selling the land. They made a deal with seller on April 15 , to buy the land for $437,500 and as per the cost concept or principle in accounting , an asset should be recorded in the books of account at the amount paid for acquiring it and this amount would not change in situations of inflation or change in market value.
Answer:
TRIAL
Explanation:
The adoption process for a new product is the mental process through which an individual passes from first learning about an innovation to final adoption.
Consumers go through 5 stages in the process of adopting a new product. These are: product awareness, product interest, product evaluation, product trial, and product adoption.
During the product trial, consumer tries the new product on a small scale to improve his or her estimate of its value.
If the consumer is satisfied with the product, he or she enters the adoption stage, deciding to use the new product fully and regularly.
Therefore, the stage of the consumer adoption process Siobhan's case (decision to use her roommate's free guest passes to try out the new health club to see if it meets her needs) represents is TRIAL.
Answer:
The financial advantage (disadvantage) of accepting the outside supplier’s offer is $ 46000
Explanation:
Han Products Manufacturers
Per Unit Differential
Costs 32000 units
Make Buy Make Buy
Purchases 21 672000
Processing Cost
Direct materials $ 3.60 115200
Direct labor 9.00 288000
Variable Mfg overhead 2.40 76800
<u>Fixed Mfg overhead 2.00* 64000 </u>
<u>Total cost $ 17.00 21 544000 672000 </u><u> </u>
2/3 of the Fixed Mfg Cost will be charged and is not relevant if the parts are made or bought. (2/3* 6= $4)
The facilities now being used to manufacture part S-6 could be rented to another company at an annual rental of $82,000 which is an opportunity cost.
The complete analysis would be
Make Buy
Total Cost $544000 $ 672000
<u>Opportunity Cost ( Rental Space) 82000 </u>
Total Cost $ 626000 672000
Financial Disadvantage to buy $ 46000
It is better to make it internally than to buy from outside supplier.
Budget writers, just took a test that had the same question.
Answer:
Well-designed rooms, attractive and comfortable appliances, well-dressed and respectful assistants, good quality entertainment equipment, and delightful food made by experienced chefs.
Explanation:
Guests will feel more welcomed to a clean and comfortable hotel. Respectful assistants, good quality entertainment equipment, and food made by experienced chefs can boost the morale of guests.
