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3 years ago

Which of the following pricing strategies is most likely to lead to long-term financial sustainability?

Business

1 answer:

Serhud [2]3 years ago

8 0

Answer:

Full cost is a pricing strategies which is most likely to lead to long-term financial sustainability

Explanation:

Full cost: It includes all types of cost which includes fixed cost, the variable cost which is used to compute the total cost per unit . where, fixed cost is that cost which remains same if production level also increases and, the variable cost is that cost which is changes when production level changes.

Marginal cost: It is the cost that is added when extra goods and services are produced.

Direct cost: It is that cost which is directly related to the production level. Example: direct material, direct labor, etc.

Indirect cost: It is that cost which is not related to the production level Example: Overhead cost, security cost, etc.

Variable cost: It is that cost which is changes when production level changes whether increase or decrease.

All other costs other than full cost is not used for long term financial sustainability because full cost includes all types of cost.

Hence, Full cost is a pricing strategies which is most likely to lead to long-term financial sustainability

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Doogan Corporation makes a product with the following standard costs: Standard Quantity or HoursStandard Price or Rate Direct ma

telo118 [61]

Answer:

Direct material quantity variance= $6,300 unfavorable

Explanation:

Giving the following information:

Direct materials 2 grams $7.00 per gram

The company produced 4,600 units in January using 10,100 grams of direct material.

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

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

Direct material quantity variance= (2*4,600 - 10,100)*7

Direct material quantity variance= $6,300 unfavorable

5 0

2 years ago

James is currently unemployed. He is disappointed every Sunday when none of the job advertisements in the newspaper are for work

balandron [24]

Answer:

Structural unemployment

Explanation:

James is going throughout a non voluntary unemployment because there is a "gap" between his skills and the market demanded skills. To minimize this gap, James should improve his skills sets, or take a job with less requirements

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3 years ago

Which of the following would you list as an "Essential (Fixed)" expense?

11Alexandr11 [23.1K]

Out of the above choices I would Asnwer. D Rent. Rent is an Essential (fixed) expense. The other expenses electricty, telephone and car repair are all variable expenses because they normally are net set rates every month. Due to the changng of amounts these expenses fluxtuate not allowing thme to be a fixed expense like rent is.

4 0

3 years ago

Read 2 more answers

Which situation would allow a country to increase the goods it imports despite spending the same amount of money?

Nataly [62]

A situation that would allow a country to import more goods for the same amount of money is A. The exchange rate for the country's currency increased.

<h3>What happens when exchange rates increase?</h3>

When a nation's exchange rate increases, it means the country's currency is now stronger and can buy more goods.

This means that the country will be able to import more goods for the same amount of money because that amount of money is now more valuable.

Find out more on exchange rates at brainly.com/question/1366402.

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3 0

2 years ago

One of the elements of the Fraud Triangle focuses on how easy or hard it is for the internal control system to prevent any fraud

olga55 [171]

Answer: Opportunity

Explanation:

1. Opportunity - Given the fact that employees are granted access to very important documents, this might provide them the opportunity to commit theft. Employees who occupy top positions have access to classified information of the company which when manipulated can result to disastrous consequences. It now be holds on the employers of labour or the internal control system, to limit access to such information so as to make it hard for such fraud to be committed.

The procedures used by auditors to provide evidence are in two phases namely; the planning phase and execution phase.

1. The procedure for the planning phase is - Designing Appropriate Procedures : The evidence in this case could be a red flag noticed in the account records. The person who tried to commit the fraud could change figures in places that may not be noticeable.

2. The procedure for the execution phase involves - Implementing Appropriate Procedures : The evidence could be seen as an error. This error most likely results in wasteful spending.

8 0

3 years ago