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Gemiola [76]
2 years ago
5

Connor, the owner of a start-up, has studied his competitor's offerings, the value delivered by his company's products, and the

cost of providing the product to customers. Based on this research, he has set the prices for his products. Because of this, Connor should:_______.
Business
1 answer:
DanielleElmas [232]2 years ago
8 0

Answer:

A. never apologize for the price he quotes.

Explanation:

The prices that connor set was based on his research which included careful calculations of prices the competitors are selling at, the worth in value of his own product combined with the cost of providing that valued product. Hence, given what he considered before naming a price, he should never apologize for any price he quotes. Because, the prices he sets are a reflection of the profits he needs to make and also for sustainability of the business.

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Which sentence is not a correct use
Molodets [167]
Definitely C. Doesn’t even make sense
4 0
3 years ago
Read 2 more answers
Adirondack Marketing Inc. manufactures two products, A and B. Presently, the company uses a single plantwide factory overhead ra
Eddi Din [679]

The factory overhead allocated per unit of Product A in the Painting Department is $ .

Given,

                             Overhead       Total direct       DLH per product

                                                    Labour Hours           A          B

Painting dept.       $241000        10500                       8          11

Finishing dept.      $69700         10500                       5           6

Totals                     $311400        21000                       13         17

Single overhead rate per hour = total overheads/ total labor hours

Now, substituting the values in the formula

Single overhead rate per hour = 311400/21000

                                                   = $14.83 per labor hour

Now, direct labor hours for product A for the Painting department  = 16 hours

Overhead rate per unit of product A in the painting department = 16 hours × $14.83 per hour

Overhead rate = $237.28 per unit

Thus, Adirondak Marketing Inc. would allocate $237.28 to the painting department for 1 unit of Product A.

Learn more about factory overhead:

brainly.com/question/26082424

#SPJ1

8 0
2 years ago
In 2005, Cobb adopted the dollar-value LIFO inventory method. At that time, Cobb's ending inventory had a base-year cost and an
kherson [118]

Answer:

$410,000

Explanation:

The computation of the ending inventory under the LIFO method is shown below:

= Year end cost + difference of amount  × price level index

where,

Year end cost = Beginning cost

Difference of amount = $400,000 - $300,000 = $100,000

Price level index = $440,000 ÷ $400,000 = 1.1

So, the inventory cost is

= $300,000 + $100,000 × 1.1

= $300,000 + $110,000

= $410,000

6 0
3 years ago
The amount of a good that must be given up to produce another good is the concept of:
Vesna [10]
E.) Opportunity cost is the cost associated with giving up one opportunity for the benefit earned by another.
3 0
3 years ago
Assume that General Electric (GE)'s current assets are $401 billion, fixed assets are $797 billion, current liabilities are $323
notka56 [123]

Answer:

Answer is explained below in the explanation section.

Explanation:

Solution:

We can not solve this question as it lacks necessary data.

1. GE's Translation Exposure using current/noncurrent:

$401 billion - $401 billion = 0.

0 is the GE's translation exposure using current/noncurrent method.

2. Using Monetary/Non-monetary:

We can not calculate this requirement as we don't have the breakdown of GE's assets and liabilities under monetary/nonmonetary. So, it is not possible under the given information.

3. GE's Translation Exposure using Temporal method:

Again, we do lack necessary data to solve for this requirement. We need GE's breakdown of current assets and inventory and monetary assets to solve this question. Therefore, it is not possible to solve this question.

4. GE's Translation Exposure Using Current Rate methods:

GE's Exposure = (Current Assets + Fixed Assets) - Current Liabilities

GE's Exposure = ($401 billion + $797 billion) - $323 billion

GE's Exposure = ($1198 billion) - $323 billion

GE's Exposure = $875 billion

8 0
2 years ago
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