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Zanzabum
3 years ago
8

Verve, a successful soap manufacturer, sells luxury soaps exclusively for women under the brands Verve Opulent, Verve Imperial,

and Verve Divine. It has now added Verve Regal to target a specialized segment of urban men who are particular about their grooming practices. The introduction of Verve Regal represents
Business
1 answer:
harkovskaia [24]3 years ago
5 0
It will be verve divine
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Suppose the government increases spending on public education by $700 million and individual spending on private education drops
stepladder [879]

Suppose the government increases spending on public education by $700 million and individual spending on private education drops by $500 million. this is an example of incomplete crowding out.

<h3>What occurs when government spending rises?</h3>
  • Greater government spending, according to Keynesian economics, improves aggregate demand and consumption, which results in increased production and a quicker exit from recessions.
  • Long-term economic growth is lowered when the size of government is steadily increased.
  • Spending by the government distorts incentives, lowering output and efficiency.
  • These assertions are supported by academic research and supported by relevant economic statistics.

To learn more about recession, refer to the following link:

brainly.com/question/1417711

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6 0
2 years ago
- wuat is the result of a good business decision? (1 point)
Kobotan [32]

Answer:

It sacrifice short-term losses for long-term benefit.

Explanation:

As a result of you making a good business decision it allows you to absorb the short term losses in getting a better long time benefit that will last for decades of profit maximization that will cover times ten of your short term losses.

3 0
2 years ago
The articles of partnership for Pal-Trotter Partnership provide for a salary allowance of $5,000 per month for partner Trotter,
devlian [24]

Answer: A: $32,000

Explanation: From the question above, a salary allowance of $5000 was made per month. so for the year, its $5,000*12 = $60,000

The partnership made a net income of $80,000

therefore, $80,000-$60,000 = $20,000 net profit to be divided by the partners = $20,000 /2 = $10,000 each

Trotter made an additional $10,000 investment

he also withdrew $4000 per month for the year= $4000*12 = $48,000

his capital increase during the year:

Net profit = $10,000

Additional Investment = $10,000

Salary allowance less withdrawal = $60,000 - $48,000=$12,000

Total = $32,000.00

8 0
3 years ago
To maintain creditworthiness, individuals should _____.
kirza4 [7]
Use credible sources and never be biased or add opinion to an article meant to be purely factual.
7 0
3 years ago
Read 2 more answers
Vista Company installed a standard cost system on January 1. Selected transactions for the month of January are as follows. 1. P
Vika [28.1K]

Answer and Explanation:

The Journal entry is shown below :-

1. Raw Materials Inventory Dr, $46,540

  Materials Price Variance Dr, $3,580

                    To Accounts Payable $50,120

(Being accounts payable is recorded)

Working note

Materials price variance = (Actual price - Standard Price) × Actual Quantity

= ($2.80 - $2.60) × 17,900

= $3,580 Unfavorable

Raw Material = Actual Quantity × Standard Price

= 17,900 × $2.60

= $46,540

Accounts Payable = Actual Quantity × Actual price

= 17,900 × $2.80

= $50,120

2. Work in Process Inventory Dr, $45,552

    Materials Quantity Variance Dr, $988

                  To Raw Materials Inventory $46,540

(Being raw material inventory is recorded)

Working Note

Materials quantity variance = (Actual Quantity Used- Standard Quantity) × Standard Price

= (17,900 - 17,520) × $2.60

= $988 Unfavorable

Work in Process Inventory = Standard Quantity × Standard Price

= 17,520 × $2.60

= $45,552

Raw Material = Actual Quantity × Standard Price

= 17,900 × $2.60

= $46,540

3. Factory Labor Dr, $78,000

            To Labor Price Variance $6,000

             To Factory Wages Payable $72,000

(Being factory labor is recorded)

Working Note:-

Labor price variance = (Actual Rate - Standard Rate) × Actual Hour

= ($4.80 - $5.20) × 15,000

= $6,000 Favorable

Factory labor = Standard Rate × Actual Hour

= $5.20 × 15,000

= $78,000

Factory Wages Payable = Actual Rate × Actual Hour

= $4.80 × 15,000

= $72,000

4. Work in Process Inventory Dr, $79,040

            To Labor Quantity Variance $1,040

            To Factory Labor $78,000

(Being work in progress is recorded)

Working note

Labor Quantity variance = (Actual Hour - Standard Hour) × Standard Rate

= (15,000 - 15,200) × $5.20

= $1,040

Work in Process Inventory = Standard Hour × Standard Rate

= 15,200 × $5.20

= $79,040

Factory Labor = Actual Hour × Standard Rate

= 15,000 × $5.20

= $78,000

5. Work in Process Inventory Dr, $79,040

                To Manufacturing Overhead $79,040

(Being manufacturing overhead is recorded)

7 0
2 years ago
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