Answer: Intangibility
Explanation: The intangibility of services is the incapacity to evaluate or judge the worth gained from engaging in an activity or work using any substantial proof. it is the service whereby there is no substantial product that the consumer can buy, which can be seen or felt, meaning that services do not have physical attributes.
In this case, Kelly and Doug couldn't judge the service with respect to the possible outcome prior to paying for it because of the intangibility of the service rendered which was carpet cleaning.
It is compute the dilutes earnings per share. I think it’s B.
Answer:
Pretax income= $122,500
Explanation:
Giving the following information:
Fixed costs= $72,500
Variable costs equal to 40% of sales.
Sales= $325,000
<u>To calculate the pretax income, we need to use the following formula:</u>
Pretax income= contribution margin - fixed costs
Pretax income= 325,000*(1-0.4) - 72,500
Pretax income= $122,500
Answer:
Kerry buys a new sweater to wear this winter.
Jasmine buys a new car.
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports – imports
Items not included in the calculation off GDP includes:
1. services not rendered to oneself
2. Activities not reported to the government
3. illegal activities
4. sale or purchase of used products
5. sale or purchase of intermediate products
The purchase of the sweater and the purchase of the new car constitutes consumption spending and it would be added as part of GDP.
The cash gift and Social Security check are transfer payment s and would not be included as part of GDP
Answer:
Variable overhead rate variance $1,050 unfavorable
Explanation:
<em>Variable overhead rate variance is the difference between the standard variable overhead cost allowed for the actual hours worked and the actual variable overhead incurred for the period</em>
$
470 hours should have cost (470× $ 5.00) 2,350
but did cost <u> 3,400 </u>
Variable overhead rate variance <u> 1050 un</u>favorable
Variable overhead rate variance $1,050 unfavorable
