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2 years ago

In the five C's, how is cost different from price?

Business

2 answers:

Morgarella [4.7K]2 years ago

7 0

Answer:

D It includes all of the costs related to the product.

Explanation:

The five C's that we have are

1. compatibility: What is the relationship between the product and other products in the market , are they alike

2. Competition: what are the various compe

3. Cost: THis has to do with the monetary value in manufacturing a product, price is the the monetary value a customer is willing to pay for that product

4. Channels of distribution: Ways of selling the product

5, Clients: These are end users of the products

so the answer will be

D It includes all of the costs related to the product.

telo118 [61]2 years ago

5 0

There are five C's while the product is priced.

1. Cost - While pricing the product, the product price should include all the cost related to the product that is marketing, selling and distribution and other cost.

2. Customers - Whether the customer will be able to pay the price and is the best judge.

3. Channels of distribution - Through which mode it will reach its customers

4. Competition - which are the competitors in the market and at what price the product is sold by them.

5. Compatibility - Pricing is to be done on the basis of how much the product is compatible with its supplement products.

The correct answer is D which says that the Cost includes all the cost related to the products.

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Answer:

we will find present value of cost over 25 years for both alternatives and would choose one which lowest PV of cost.

Vinyl siding

Cost today (start of year 1) = PV = $13,000

It will last for 25 years

Painting:

Start of year 1:

Cost Incurred today = $3,500

Cost of replacing the boards today (which will last for 25 years) = $2,500

Start of year 6:

Cost Incurred at start of year 6 = $3,500 * (1 + 5%) 5 Annual Inflation rate being 5%

PV of this cost = $3,500 * (1 + 5%) 5 / (1 + 10%) 5

Start of year 11:

Cost Incurred at start of year 11 = $3,500 * (1 + 5%) 10

PV of this cost = $3,500 * (1 + 5%) 10 / (1 + 10%) 10

Start of year 16:

Cost Incurred at start of year 16 = $3,500 * (1 + 5%) 15

PV of this cost = $3,500 * (1 + 5%) 15 / (1 + 10%) 15

Start of year 21:

Cost Incurred at start of year 21 = $3,500 * (1 + 5%) 20

PV of this cost = $3,500 * (1 + 5%) 20 / (1 + 10%) 20

Total PV of all costs = 3500 + 2500 + 3500 * (1 + 5%) 5 / (1 + 10%) 5 + 3500 * (1 + 5%) 10 / (1 + 10%) 10 + 3500 * (1 + 5%) 15 / (1 + 10%) 15 + 3500 * (1 + 5%) 20 / (1 + 10%) 20

= $14,093.94

As such PV of cost Vinyl siding is lower at $13,000 than the PV of cost at $14,093.94 in case of painting.

Thus, you would prefer to install the vinyl siding

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Labor demand schedule not sure what that consists of

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Answer:

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Explanation:

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During January, LexPro Co., which maintains a perpetual inventory system, recorded the following information pertaining to its i

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Answer:

$3,225

Explanation:

The computation of the amount reported as an ending inventory is shown below:

Date Particulars Units Cost Amount

1 -1 Op Balance 1,000 $1 $1,000

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Total 1,600 $1.75 $2,800

($2,800 ÷ 1,600 units)

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Total 700 $1.75 $1,225

1 -25 Purchases 400 $5 $2,000

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Make-Or-Buy Decision<span>
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