Answer:
A. shopping product.
Explanation:
The answer is shopping product because it is a product in which the customer takes some time reviewing alternatives and characteristics before making the final purchasing decision.
B2B products refers to businesses that sell products to other bussinesses, specialty products are the ones customers specifically look because of a particular characteristic or the brand and they won't compare alternatives, convenience products are the ones a customer buys all the time and doesn't take a lot of consideration and unsought product are the ones that consumers don't know anything and are not interested in buying like funeral plans.
Answer:
Option (B) is correct.
Explanation:
Given that,
Average total cost of producing cell phones = $20
Current output level = 100 units per week
Fixed cost = $1,200 per week
Average total cost = (Variable cost + Fixed cost) ÷ Number of units
$20 = (Variable cost + $1,200) ÷ 100
$2,000 = (Variable cost + $1,200)
$2,000 - $1,200 = Variable cost
$800 = Variable cost
Total cost = Variable cost + Fixed cost
= $800 + $1,200
= $2,000
Average variable cost:
= Variable cost ÷ Number of units
= $800 ÷ 100
= $8
Average Fixed cost:
= Fixed cost ÷ Number of units
= $1,200 ÷ 100
= $12
Therefore, the correct answer is: Average variable cost is $8.
The cost of goods manufactured at stereo corp. in the year 2017 is $285,000.
What is Manufacturing?
Manufacturing is the process of <u>turning raw materials or sections into finished goods using tools, human labour, machinery, and chemical products.</u>
Manufacturing enables companies to sell finished goods at a price higher than the cost of the materials used. Huge manufacturing allows for the mass production of goods using assembly line procedures and sophisticated technology as core assets. Manufacturing techniques that are efficient allow manufacturers to start taking advantage of scale economies of scale, generating more units at the a lower cost. Manufacturing is a vital and significant component of the economy. It entails the transformation of raw materials such as <u>ore, timber, and food </u>into finished goods such as <u>metal goods, soft furnishings, and processed foods.</u>
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Inventory costing methods place primary reliance on assumptions about the flow of goods