Answer:
Higher price than competitor with lower quality
Explanation:
Higher priced goods with lower or same quality than competitor is not a customer benefit because the customer can get it cheaper from the businesses competitor
Answer:
No representation broker
Explanation:
A no representation broker represents no one in a broker relationship, the agent only represents himself. Since the broker does not represent the buyer nor the seller, he/she can help them both in order to complete the transaction. There is no loyalty nor any fiduciary responsibility in the transaction.
But no representation brokers have certain duties:
- Disclose his/her duties to the sellers and buyers.
- Deal with all parties honestly and fairly.
- Disclose all known facts that materially affect the value of residential property.
- Account for all the funds entrusted to the licensee.
Answer:
b. $16,700
Explanation:
The computation of the depreciation expense under the straight line method is shown below:
= (Original cost - residual value) ÷ (useful life)
= ($98,500 - $15,000) ÷ (5 years)
= ($83,500) ÷ (5 years)
= $16,700
In this method, the depreciation is same for all the remaining useful life
The original cost is computed below:
= $85,000 + $3,500 + $10,000
= $98,500
Answer
Overhead allocation to each product is :
W1 $5,161
M0 $21,639
Total $26,800
Gross profit of each product:
W1 $7,239
M0 -$5,239
Total $2000
Kindly refer to the attached document for a detailed breakdown of workings