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3 years ago

Differences between a job order cost system and a process cost system include all of the following except the

Business

1 answer:

Alex Ar [27]3 years ago

5 0

Answer:

a. flow of costs.

Explanation:

job order costing system is used mainy by companies that make small quantities of distinct products or performs unique services that sticks to specifications as design by the purchaser.

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A dog grooming business is walking through the target market defining process and is now asking questions about its potential cu

siniylev [52]

Answer:

Explanation:

4 0

4 years ago

The Boat Works currently produces boat sails and is considering expanding its operations to include awnings. The expansion would

Citrus2011 [14]

Answer:

$348,000

Explanation:

Opportunity cost = Market value of land + Market value of the equipment

= $209,500 + $139,000

= $348,000

Therefore, the opportunity cost to be incurred in the initial cost is $348,000. Note: $7,500 is idea for this project, so it is not an opportunity cost

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3 years ago

An organic farmer has identified three distinct groups that might be interested in his products: vegetarians, health-conscious i

Firlakuza [10]

Answer:

The correct answer is b) market segments.

Explanation:

A market segment is a group of consumers, it is mostly homogeneous either by certain characteristics or by their needs, which are identified as a market that presents similar desires or buying habits and that would potentially respond similar to the strategy developed by the marketing mix.

Through market segmentation you will be able to identify the segment to be served and establish the strategy to achieve it. At the time of segmenting the market you can do so by responding to the strategy you wish to apply:

Differentiated: taking into account that the segment to be attended is heterogeneous and the product or service to be offered is built to meet the particular needs of each client.
Undifferentiated: based on the needs that the group commonly responds. Here the product or service satisfies each client corresponding to the indicated segment in the same way.
Concentrated: it is the most specialized strategy of the three. The idea here is to concentrate efforts in the segment where a strong comparative advantage is achieved.

3 0

3 years ago

Suppose Columbia Sportswear Company had accounts receivable of $206,090,000 at the beginning of a recent year, and $267,085,000

scZoUnD [109]

Answer:

The amount of cash receipts from customers: $1,032,865,000

Explanation:

Assuming that all Sales revenue was on credit sales.

In Suppose Columbia Sportswear, Sales revenue was $1,093,860,000, accounts receivable in the year increased $1,093,860,000. Basing on formula:

Accounts receivable at year-end = Accounts receivable at the beginning of the year + Accounts receivable increasing in the year - Accounts receivable decreasing in the year

Thefore:

Accounts receivable decreasing in the year = Accounts receivable at the beginning of the year + Accounts receivable increasing in the year - Accounts receivable at year-end = $206,090,000 + $1,093,860,000 - $267,085,000 = $1,032,865,000

This is also the amount of cash receipts from customers.

3 0

3 years ago

What is the primary role of individuals as participants in the money market?

larisa [96]

The primary role of individuals as participants in the money market is to purchase money market instruments so that their funds can be used for further investment by financial institution.

The Money markets constitutes financial institution who provides the money market instrument such as mutual funds to the Market participant.

The Money market are essential to the economy because the excess reserves of investment with them are lend out and this boost the money supply of the economy.

Therefore, the primary role of individuals as participants in the money market is to purchase money market instruments so that their funds can be used for further investment by financial institution.

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4 0

3 years ago

Read 2 more answers