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Marizza181 [45]

3 years ago

7

A consumer says he prefers a Toyota automobile to a Ford and a Ford to a Jeep He also says he prefers a Jeep to a Toyota. Which

basic assumption about preferences does this consumer violate?
A. More is better than less
B. Transitivity
C. All of the above
D. Completeness

1 answer:

Fofino [41]3 years ago

3 0

D. The consumer violates completeness.

I hope this helps.

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Amanda [17]

The scenario illustrated by the company is related to promotion in marketing mix.

<h3>What is promotion?</h3>

It should be noted that promotion is the marketing communication that's used to inform the audience about a good.

In this case, since the companies use online advertising campaigns and contests to help develop better goods, services, or ideas. This depicts promotion.

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2 years ago

If a company uses $1,300 of its cash to purchase supplies, the effect on the accounting equation would be:

Over [174]

Answer:

no impact

Explanation:

The journal entry to purchase the supplies for cash

Supplies Dr $ 1,300

To Cash A/c $ 1,300

(Being the purchase of supplies is recorded)

For recording this we debited the supplies as it increased the assets and credited the cash as it decreased the assets

Therefore there is no impact on the accounting equation

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3 years ago

Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hour

Xelga [282]

Answer:

Results are below.

Explanation:

Giving the following information:

Direct materials: 5 pounds at $8.00 per pound $40.00

The planning budget for March was based on producing and selling 25,000 units.

<u>a)</u>

<u>The material cost included in the planning budget is the standard cost multiplied for the budgeted production.</u>

<u></u>

Direct material requiered= 25,000*5= 100,000 pounds

Standard cost per pound= $5

Direct material budget= 100,000*5= $500,000

b)

<u>The raw material's flexible budget adapts to the actual production level.</u>

Direct material flexible budget= standard cost*actual material used in production

Direct material flexible budget= 5*160,000

Direct material flexible budget= $800,000

<u>c)</u>

<u>To calculate the direct material price variance, we need to use the following formula:</u>

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (5 - 7.5)*160,000

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3 years ago

Connie is analyzing the financial statements of MegaMart and Bullseye Company. She wants to invest in one of the companies and i

Annette [7]

Answer:

D. financial accounting information.

Explanation:

Financial reporting can be defined as the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors.

Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP). These accounting informations are prepared and made available for investors and other external agencies. Examples of financial statements includes Balance sheet, cash-flow and income statement.

In this scenario, Connie is analyzing the financial statements of MegaMart and Bullseye Company. She wants to invest in one of the companies and is trying to decide which company has the better past performance.

Hence, Connie is examining the financial accounting information.

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3 years ago

What is the term for selling related products

kupik [55]

<span>Cross-sell is the practice of selling or suggesting related or complementary products to a prospect or customer. Cross selling is one of the easiest and most effective methods of marketing.</span>

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3 years ago

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