All categories

3 years ago

Unlike goods, services:

Business

1 answer:

harina [27]3 years ago

7 0

Answer:

(D) are more heterogeneous and less standardized and uniform

Explanation:

Since services have greater heterogeneity, there is some variability of inputs and output in services, so they tend to be less standardized and uniform than goods.

You might be interested in

The following costs result from the production and sale of 5,000 drum sets manufactured by Tight Drums Company for the year ende

hammer [34]

Answer and Explanation:

The preparation of the contribution margin income statement for the company is presented below:

Tight Drums Company

Contribution margin income statement

For the year ended December 31, 2017

Sales (5,000 drums × $350) $1,750,000

Less: Variable cost

Plastic for casing -$185,000

Wages of assembly workers $510,000

Drum stands $230,000

Variable selling costs

Sales commissions $175,000

Total variable cost -$1,100,000

Contribution margin $650,000

Less: Fixed cost

Fixed manufacturing costs

Taxes on factory $5,000

Factory maintenance $10,000

Factory machinery depreciation $70,000

Fixed selling and administrative costs

Lease of equipment for sales staff $10,000

Accounting staff salaries $60,000

Administrative management salaries $140,000

Total fixed cost -$295,000

Net operating income $355,000

Less: income tax expense at 25% -$88,750

Net income $266,250

We simply deduct the variable cost and fixed cost from the sales revenue so that the net operating income could come and then deducted the income tax expense so that net income could arrive

4 0

3 years ago

Which federal regulatory agency would most likely bring a civil suit against a business that broke securities laws?

VARVARA [1.3K]

Which federal regulatory agency would most likely bring a civil suit against a business that broke securities laws?

answer:

THE SEC

8 0

3 years ago

10. Which of the following scenarios would best exemplify Adam Smith's view of best serving the

nordsb [41]

E. Individuals in the country may pursue their own economic growth and self-interest by doing whatever is best for them

Explanation:

8 0

3 years ago

From June to the end of September, Jennifer wants to save at least $1,500. Her monthly expenses are $600. Jennifer saves whateve

kakasveta [241]

The minimum sales required by Jennifer to meet her savings goal must be $26.25 per hour or $2100 for September.

Given that,

Savings desired = $1500

Monthly expenses = $600

Let money earned by her every hour be $x$

No. of scheduled work hours $=$ $80$

So,

Total money earned for the month $=$ $80$ × $x$

$= 80x$

As we know,

Money left = Total money earned - expenses

$= 80x$ - $$600$ ...(i)

A.T.Q.

Money left must be = $1500

Then, by putting the variables in equation (i), we get

$80x - 600 = 1500$

Now, solving for $x$

$80x - 600 = 1500$

$+600 = + 600$

_______________

$80x = 2100$

$x = 2100/80$

∵ $x = 26.25$

Thus, the required sales are $ $26.25$ per hour or ( $26.25$ × $80$ = $2100) for the month of September.

Learn more about 'savings' here:

brainly.com/question/18051939

4 0

3 years ago

In the state where Susan lives, drivers whom private insurance companies do not want to insure are placed in a common pool, and

deff fn [24]

Answer: Joint Underwriting Association

Explanation: An association which affords licensed drivers the opportunity to come together and provide coverage or compensation for vehicle owners or insurers is the Joint Underwriting Association. Members of the association are usually composed of drivers who have been unable to obtain insurance the regular or private insurance companies usually due to the risk exposure level of the driver's or car owners. The joint Underwriting Association requires that members pay shares fees and share of pool losses. However, they are usually more affordable than the standard insurance coverage offered by most private insurance companies and thus provides an insurance lifeline to high risk drivers.

3 0

3 years ago