A tax imposed on the assets of one who dies

Earl was known for driving 30 miles just to save a dollar on the price of case of his favorite carbonated beverage. Earl perceiv

Marianna [84]

Answer:

Money Paid

Overall Sacrifice

Explanation:

The two major dimensions of pricing are Monetary and Non- Monetary pricing.

Monetary pricing is the liquid asset like cash that is spent to acquire goods and services while the non monetary are other costs apart from money like time , stress , distance that it costs to acquire an item .

The individual perception of pricing has a way of affecting its choice when it comes to purchasing.

Earl did not consider the cost of stress in travelling 30 miles in order to save a $1 in his purchase decision as his mindset is programmed to the price paid being the real price while most other customers considers the sacrifice involved before making a purchase decision.

3 0

3 years ago

Kray Inc., which produces a single product, has provided the following data for its most recent month of operations: Number of u

Allushta [10]

Answer:

The variable costing unit product cost was $69.

Explanation:

Variable Product Costing is a situation whereby only the variable costs of production is taking into account to estimating the cost per unit of a product. This implies that none of the fixed cost will be included in the cost of the product.

Based on the explanation above, the variable costing unit product cost to produce a single product by Kray Inc. can be calculated as follows:

Kray Inc.

Calculation of Variable Costing Unit Product Cost

Particulars Amount ($)

Direct materials 40

Direct labor 19

Variable manufacturing overhead 8

Variable selling and administrative expense 2

Variable cost per unit  69 

Therefore, the variable costing unit product cost was $69.

5 0

3 years ago

When should you forward instead of replying to an email

dolphi86 [110]

Answer:

C. When the recipient was not included on the original email.

Explanation:

This is the correct option because forwarding allows the new recipient to see the email that was sent if they were not originally included.

~theLocoCoco

5 0

3 years ago

When calculating the marginal revenue and marginal profit in this problem, use the approach given for the marginal cost and marg

Elena-2011 [213]

The question is incomplete. The complete question is :

A manufacturer of mountain bikes has the following marginal cost function:

$C'(q)=\frac{700}{0.7q+8}$

where q is the quantity of bicycles produced.

When calculating the marginal revenue and marginal profit in this problem, use the approach given for the marginal cost and marginal revenue in the discussions in your textbook.

a) If the fixed cost in producing the bicycles is $2800, find the total cost to produce 30 bicycles?

b) If the bikes are sold for $200 each, what is the profit (or loss) on the first 30 bikes?

Solution :

Given :

$C'(q)=\frac{700}{0.7q+8}$

a). Fixed cost, FC = $ 2800

Total cost to produce 30 bicycles is :

$C = 2800 + \int_0^{30} C'(q) \ dq$

$= 2800 + \int_0^{30} \frac{700}{0.7q+8} \ dq$

$= 2800+700\left[\frac{\ln (0.7q+8)}{0.7}\right]^{30}_0$

$=2800+1000[\ln ((0.7 \times 30)+8)- \ln 8 ]$

$= 2800 +1000 [\ln 29 - \ln 8]$

= 2800 + 1287.85

= $ 4087.85

b). Total selling price = $ (200 x 30)

= $ 6000

Profit = 6000 - 4087.85

= $ 1912.15

3 0

3 years ago

Item 12 A production department's output for the most recent month consisted of 10,500 units completed and transferred to the ne

Ludmilka [50]

Answer:

Total equivalent units= 16,800

Explanation:

Giving the following information:

Beginning inventory= 1,100 units 80% complete

Units produced= 10,500 units

Ending WIP= 10,500 60% complete

The weighted average method blends the costs and units of the previous period with the costs and units of the current period.

Beginning inventory= 0

Units completed in the period= 100%

Ending inventory WIP= units*completion

In this exercise:

Beginning inventory= 0

Units completed in the period= 10,500

Ending inventory WIP= 10,500*0.6

Total equivalent units= 16,800

7 0

3 years ago