Answer:
relevant cost to make are $9.00
Explanation:
Consider the avoidable costs only because they are relevant for this decision.
Direct materials $2
.00
Direct labor $3
.00
Variable manufacturing overhead $4
.00
Total $9.00
<span>The
graphical representation that summarizes the steps a consumer takes in
making the decision to buy your product and become a customer is called conversion funnel.</span>
Answer:
Cost of good sold is $203,150.
Explanation:
Sheridan Company cost of goods sold section (periodic system) for the year ending August 31, 2022
Details $ $
Beginning Inventory 24,230
Purchases 200,300
Freight-In 8,530
Purchase Returns and Allowances <u> (8,210) </u>
Net purchases <u> 200,620 </u>
Cost of goods available for sales 224,850
Ending inventory <u> (21,700) </u>
Cost of good sold <u>203,150 </u>
Answer:
Bodily Injury Liability
Explanation:
Since the accident that left Francis seriously injured was Evan's fault, the automobile Insurance policy that will cover the cost of Francis's treatment would be Bodily Injury Insurance Policy.
When a user of this Insurance policy cause a car accident that injures another person, bodily injury liability coverage helps pay for the medical expenses of the person or persons injured.
One should carry a bodily-injury coverage of at least $100,000 per person, and $300,000 per accident, and property-damage coverage of $50,000, or a minimum of $300,000 on a single-limit policy.
This goes to define Bodily injury liability as a car insurance coverage that pays for injuries a driver causes to other people, including other drivers, passengers and pedestrians. This policy covers or takes care of medical expenses and lost wages as well as legal and funeral expenses in some cases of the injured persons.
Answer:
<h2>A source of money that allows individuals to pay for goods and services later is called <u>Credit</u>.An advantage of this source of money is <u>convenience of payment.</u> A disadvantage of this source of money is <u>increase in the financial debt</u>.</h2>
Explanation:
- In Economics and Finance,the concept of credit basically refers to post payment agreement in the case of any commercial exchange or purchase of any good or service between the buyer/consumer and seller.In this case,the buyer or the consumer can purchase the concerned good or service and pay for them by a specified time period in future based upon the agreement of both the buyer and seller of the concerned good or service.
- A major advantage of credit payment to the consumers or buyers is that it provides them the opportunity to pay for the goods and services that they have purchased according to their own practical convenience at a later time.The consumers or buyers can peacefully purchase any product or service without having to think much about the payment related hassles and inconveniences.This advantage of credit payment is commonly applicable for big purchases or considerably expensive purchases such as luxury or branded cars,electronic appliances,personal home or real estate and so on where various installment future payment options are provided to the consumers to ease their consumption experience.
- On the other hand,one of disadvantages of credit payment for any purchase is the potential possibility of payment default and accumulation of future financial debt or liability for the consumers and buyers.If the consumers or buyers are not able to or delay to pay the full amount of the goods or services purchased within the pre-specified time period,then it only contributes to psychological distress and deterioration of their credit history which might affect their ability for any future consumption or purchase.Credit or installment payment options also evidently lead to the accumulation of financial obligation or debt for the buyers or consumers.