The term that describes what a manufacturer spends for goods or services is called the 'cost.' When the manufacturer sells it to the consumer, this is called the price, and it is more often times than not, marked up in price.
Answer: Merchandise Inventory
Explanation:
Merchandise inventory are finished products purchased by a business for which they plan to sell at a higher price than cost price. The clothing held for sale at Macy's department store is an example of merchandise inventory.
Answer:
★ Farm products which are perishable and seasonal nature are supplied by many producers.
Explanation:
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Answer:
numerous cost pools and numerous cost drivers
Explanation:
Costing is the measurement of the cost of production of goods and services by assessing the fixed costs and variable costs associated with each step of production.
In Financial accounting, one of the most widely used activity-based costing technique is the time-driven activity-based costing.
Time-driven activity-based costing (TDABC) avails business owners the opportunity of reporting their costs on an ongoing basis (real time) which give details about the various cost of doing business, as well as the time spent on them respectively.
Cost pool is simply the amount of money spent by a firm on a particular activity.
Generally, an activity-based costing uses numerous cost pools such as manufacturing cost or customer services and numerous cost drivers such as direct labor hours worked, number of changes used in engineering department, etc.
Answer:
The correct answer is letter "B": national.
Explanation:
National advertising refers to a marketing strategy in which a company aims to offer a good or service in the same proportion all over a country. This advertising is massive and involves promoting the corporation's product through different mediums of communications such as <em>television, radio, newspapers, </em>or <em>billboards</em>. The campaign is directed to individual consumers and organizations.