Answer:
B. consumption bundles
Explanation:
Customer preference is defined as the likes and dislikes that a customer has that determines his choice in making purchases.
For exams a customer may want to buy shoes that are black in colour, but shoes that are yellow in colour are ignored.
Preferences of buyers are independent not prices and income level.
Rather it is dependent on consumption bundle. That is the set of goods that will give highest satisfaction to the buyer.
Answer:
Total Manufacturing cost per unit is $53
Explanation:
Manufacturing cost is the cost used to manufacture a product, both direct and indirect cost incurred in manufacturing process are included. It is the total value of material cost, labor cost and overhead cost.
Direct Material Cost = $18
Direct Labor cost = $5 per hour
Manufacturing overhead applied = $13 per unit
Total Activity rate = $30
Activity based costing is the method of allocation of overhead to the products / department / projects on the basis of uses of activity by each one.As we know that calculating an activity rate which is similar to predetermined overhead rate.
Total Manufacturing Cost = Direct material cost + Direct Labor cost + Manufacturing overhead cost
As we know that calculating an activity rate which is similar to predetermined overhead rate. so the activity rate will be used for overhead expense.
Total Manufacturing Cost = $18 + $5 + $30 = $53 per unit
The right answer for the question that is being asked and shown above is that: "d. A sole proprietorship has a life of its own apart from its owner." It is considered as the simplest business form where one can operate. It is not a legal entity in itself.
Answer:
Explanation:
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Answer:
b. From a commercial market into a reseller market.
Explanation:
It is a commercial marketing following the fact that the marketing organization defines success primarily in terms of financial gain.
This financial gain is the same reason for expansion.
Supplying to other stores who will in turn sell to others makes it a reseller market.
