1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Hunter-Best [27]
3 years ago
5

A not-for-profit firm uses a small convenience sample to gather data on customer reactions. It invites a small group of customer

s for lunch and asks them to share what they think about the products they have purchased from the firm. This is an example of ___
Business
1 answer:
Alinara [238K]3 years ago
7 0

Answer:

informal surveys

Explanation:

From the question we are informed about A not-for-profit firm which uses a small convenience sample to gather data on customer reactions. It invites a small group of customers for lunch and asks them to share what they think about the products they have purchased from the firm. In this case, this is an example of informal surveys.

Informal surveys can be regarded as type of survey whereby there is conduction of interviews as well as making of field observations by researchers themselves, instead of

enumerators as regards formal survey.

distinguishing characteristics of formal survey is that direct nteraction will exist in between the farmer as well as the

interdisciplinary team of researchers.

You might be interested in
The general attitude of the top management using a(n) _____ strategy is that CSR is an added cost or nuisance.
vazorg [7]

Answer:

b) Reactive

Explanation:

A reactive approach is when managers respond to situations and problems as they occur rather than plan for them before hand as this is an added cost.

Proactive managers seek out opportunities to always input CSR in their strategies. Accommodative strategies and defensive strategies build in some leeway. None of these options completely discount csr as a cost as does the reactive style.

Hope that helps.

7 0
3 years ago
The amount of mortgage a person is eligible for will be larger when:
Diano4ka-milaya [45]

The amount of mortgage a person is eligible for will be larger when there is lower interest rate.

<h3>What is a mortgage?</h3>

This refers to an agreement that exist between a lender and a borrower in which a lender can take over the borrower's properties incase of any default in payment.

A mortgage is like a loan, obtained by a borrower with a promise to pay at a future date.

Learn more about mortgage here :brainly.com/question/24732162

#SPJ1

6 0
2 years ago
At the beginning of the current period, Chen carried 1,000 units of its product with a unit cost of $10. A summary of purchases
jeka94

Answer:

a. Cost of Goods Sold under FIFO method - $ 29.800

   Ending inventory under FIFO method -     $ 28,400

b. Cost of Goods Sold under average cost method - $ 33,950

   Ending inventory under average cost method -     $ 24,250

Explanation:

                                                              Units     Unit Cost              Cost

Beginning Inventory                           1,000          $10               $10,000

Purchase #1                                          1,800         $ 11               $ 19,800

Purchase #2                                           800         $ 13              $ 10,400

Purchase #3                                         <u>1,200</u>         $ 15              <u>$ 18,000</u>          

Total available                                    4,800                            $ 58,200      

Units sold                                            ( 2,800)

Ending Inventory                                   2,000

Computations under FIFO method

In the FIFO method of cost flows, the cost of goods sold are considered from the opening inventory and the earlier purchases. The ending inventory is from the later purchases.

Cost of goods sold

Units sold                                            2,800

Opening inventory                             1,000 units @ $ 10          $ 10,000

Purchase # 1                                        1,800 units @ $ 11           <u>$ 19,800</u>

Total cost of Goods sold                                                           $ 29,800          

Ending Inventory

Units on hand                                      2,000

Purchase #2                                           800         $ 13              $ 10,400

Purchase #3                                         <u>1,200</u>         $ 15              <u>$ 18,000</u>          

Ending Inventory                                                                         $ 28,400

Computations under Average Cost method

Under average cost method, the cost of goods sold and the ending inventory is valued at the average cost of the goods available for sale divided by the number of units.

The average cost is calculated by dividing the total cost by the available units

Total Cost                                                       $ 58,200

Units available                                                     4,800

Average cost per unit                                    $      12.13    

Cost of goods sold = Units sold * Average cost = 2,800 * $ 12.13 =  $ 33,950

Ending Inventory- Units in hand * Average Cost = 2,000 * $ 12.13=  $ 24,250  

6 0
3 years ago
Read 2 more answers
The Blue Corporation started and completed 4,800 units during February. Blue started the month with 700 units in process (40% co
mezya [45]
El gobierno de estados a estados de las dos o los otros países de la zona del sur del norte y el pueblo de la capital
5 0
3 years ago
Windsor, Inc. just took its physical inventory. The count of inventory items on hand at the company’s business locations resulte
svp [43]

Answer:

Actual Inventory $ 343640

Explanation:

FOB Shipping point means as soon as the goods are sold they are the buyer's property and must be excluded from the inventory.

FOB destination means that the goods are the seller's property and responsibility unless the goods reach the destination. They are included in the seller inventory unless the buyer gets them.

Inventory sent on consignment is also counted in the cosigner's inventory.

The inventory costing $20,800 that was sold on December 28, terms FOB shipping point will not be included in the seller's inventory. They are now the buyer's responsibility.

Windsor, Inc

Inventory Stock Count on 31 Dec   $301,000

Add inventory sent on consignment $29,120

Add Inventory purchased FOB shipping  $13,520

Actual Inventory $ 343640

8 0
3 years ago
Other questions:
  • Name two features of capitalism
    12·1 answer
  • Tyrell is gearing up for the football season and decides to purchase some items online. He has a promotional code for a one time
    5·1 answer
  • A seller listed her residence with a broker. The broker brought an offer at full price and satisfying terms of the listing from
    7·1 answer
  • Lorenzo Company applies overhead to jobs on the basis of direct materials cost. At year-end, the Work in Process Inventory accou
    5·1 answer
  • What is the criminal penalty for engaging in the real estate brokerage business in Texas without firstbecoming licensed by TREC?
    14·1 answer
  • A foreign subsidiary's functional currency is its local currency, which has not experienced significant inflation. The weighted
    13·1 answer
  • The law of diminishing marginal utility suggeststhat A) Price and quantity demanded are directly related. B) People will substit
    11·1 answer
  • Which of the following best explains the purpose of a supply schedule?
    11·2 answers
  • Kampus Corporation had the following eight investment transactions or events:
    11·1 answer
  • _______ property is an ownership fence, which applies to resources like land that more than one individual owns jointly.
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!