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Anna71 [15]
3 years ago
5

"When Jiffy-Pop packaged its popcorn in an aluminum skillet, complete with attachable handle, it designed the package to become

the cooking utensil. After cooking, the handle was removed and the package became the popcorn bowl. Jiffy-Pop’s popcorn in this case is an example of _____ packaging."
Business
1 answer:
user100 [1]3 years ago
8 0

<u>Answer:</u>

Jiffy-Pop’s popcorn, in this case, is an example of <u>innovative packaging.</u>  

<u>Explanation:</u>

The days have passed when packaging is merely a means to secure and label an item. These basic tasks must be performed by packaging in a successful product, however the effect of packaging is progressively higher. It's often appropriate to create many design elements in tandem, so that they are the best and most efficient packages within the project's objectives and limitations.

A new update or innovation may attract customers who are searching for economic benefit or who think they have an unsatisfied need or want. In the case of Jiffy-Pop, the customer need not to buy a skillet and a bowl to cook and place the popcorn, in fact both these functions are performed by the outer innovative packaging done by the Jiffy-Pop’s popcorn itself. Thus, customers tend to buy this product more compared to others.

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As of January 1, 2021, Chelsea Co. had a balance of $520,000 in its allowance for uncollectible accounts. Based on experience, 2
VARVARA [1.3K]

Answer:

Chelsea should report $230,000 as allowance for noncollectable accounts

Explanation:

Allowance in beginning = $520,000

Allowance needed for 2021 sales = $18,000,000 x 2% = $360,000

Total allowance balance before write off = $880,000

Less: write off = $ 650,000

Allowance balance at year end = $520,000 + $360,000 - $650,000

                                                    = $230,000

7 0
3 years ago
Every year businesses lose thousands of dollars from employee theft. Business owners put a lot of trust in employees to care and
Setler79 [48]

Answer:

  • Loss of confidential/product information
  • Loss of Time :  
  • Loss of money
  • Loss of company property

Explanation:

When employees take advantage of the benefits of employment which includes access to company's/employer's assets and the indulge in what is known as employee theft ( misuse of company's assets ), The losses that the company might experience will include some or all of the following :

  • Loss of confidential/product information
  • Loss of Time : this is when company pays the employees for work time that they did not put in
  • Loss of money
  • Loss of company property
7 0
2 years ago
Relevant information for Material A is as follows:
stiv31 [10]

Answer:

Direct Material Quantity Variance = $2,000 Unfavorable

Explanation:

For the provided information we have,

Actual quantity used = 6,500 lbs

Standard quantity allowed for actual production = 6,000 lbs

Actual price = $3.80

Standard price = $4.00

Direct Material Quantity Variance = (Standard Quantity - Actual Quantity) \times Standard Price

= (6,000 lbs - 6,500 lbs) \times $4.00

= - $2,000

As we can see that actual quantity used is more than the allowed standard quantity, thus, the variance is unfavorable.

Direct Material Quantity Variance = $2,000 Unfavorable

7 0
3 years ago
On an 8% straight term loan of $6,071, the borrower paid total interest of $1,700. how long did he have the loan?
forsale [732]

<u>Calculation of period of the loan:</u>

It is given that The loan amount is $6,071 and the annual interest rate is 8%, that means the interest for one year shall be $6,071*8% = $485.68.

Now we are given that the total interest paid is $1,700. The time period of the loan can be calculated by dividing the total interest by the annual interest amount. Hence the period of the loan shall be  = 1700 / 485.68 = 3.5 Years.


Hence he had the loan for <u>3.5 years</u>.


4 0
3 years ago
Based on Jacobs (1954). The Carter Caterer Company must have the following number of clean napkins available at the beginning of
belka [17]
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8 0
2 years ago
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