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3 years ago

2. Happy Selling's Sales amounted to Php 500,000. Sales returns and sales discounts amounted to Php

Business

1 answer:

KiRa [710]3 years ago

7 0

Answer:

Net Sales

= Sales - Sales returns - Sales discounts

= 500,000 - 30,000 - 10,000

= Php 460,000

Net Purchases

= Purchases - Purchase returns - Purchase discounts

= 100,000 - 20,000 - 10,000

= Php 70,000

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Use the distinction between the characteristics of private and public goods to determine whether the following should be produce

evablogger [386]

Answer:

a.French fries: Market system

b. Airport screening: Government

c. Court systems: Government

d. Mail delivery: Combined market and government

e. Medical care: Combined market and government

Explanation:

a.French fries: Market system

b. Airport screening: Government

c. Court systems: Government

d. Mail delivery: Combined market and government

e. Medical care: Combined market and government

In Market Economic system in accounting, the means of production as well as exchange, in the market system is base on private ownership, and can be said to be a free market. in these Economy the consumer are to be always at alert in oder not to be a fraud victim.

Government system can also be regarded as command system, the factors of production such as land is attributed to the government.

However the difference between them could be in term of factors of production, the ways in which price is been determined.

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3 years ago

During the ________ stage, various elements of the marketing mix must be developed for testing such as copyrights, tentative adv

Finger [1]

During the Goals and Objectives stage, various elements of the marketing mix must be developed for testing the copyrights and tentative advertising copy.

<h3>What is marketing mix?</h3>

marketing mix serves as the term that describes anyone that is directly or indirectly involved in the business side of the enterprise.

Conclusively, at the Goals and Objectives stage, testing the copyrights and tentative advertising copy is important for the future of the business.

Learn more about marketing mix at;

brainly.com/question/859394

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2 years ago

If a producer does not have a new-product development process, it ultimately means:

jok3333 [9.3K]

If a product that does not have a new product development process, it means that the producer does not have a new product to be added or to be produced for its consumers and that there are no updates in regards with the previous products that the producer has in which there isn't anything new.

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4 years ago

Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the f

poizon [28]

Answer:

Larner Corporation

J78 W52

Total overhead cost $21,790 $3,505

Explanation:

a) Data and Calculations:

Activity Cost Pool Activity Rates

Supporting direct labor $6 per direct labor

Machine processing $2 per machine - hour

Machine setups $45 per setup

Production orders $160 per order

Shipments $115 per shipment

Product sustaining $775 per product

Total Expected Activity

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Direct labor hours 1,000 30

Machine hours 2,600 20

Machine setups 19 3

Production orders 19 3

Shipments 38 3

Product sustaining 3 3

Overhead cost Activity rates J78 W52

Supporting direct labor $6 per direct labor $6,000 $180

Machine processing $2 per machine - hour 5,200 40

Machine setups $45 per setup 855 135

Production orders $160 per order 3,040 480

Shipments $115 per shipment 4,370 345

Product sustaining $775 per product 2,325 2,325

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3 years ago

Supposed the income elasticity of demand for renting apartments i. Rhode island is estimated at -1.25. Based o. This estimate, a

scoundrel [369]

Answer:

Inferior good

Explanation:

If the income elasticity of demand for renting apartments in Rhode island is estimated at -1.25. Based on this estimate, the renting of apartments in Rhode Island is considered to be an inferior good

The reason is that the income correlation coefficient is negative which implies that when income increases, demand for the apartments in Rhode Island falls.

It means that people only rent houses there when they are low on income or out of jobs but as soon as their income increases, they move to a better place.

For Rhode Island apartments to have been a normal good, it would have meant that the normal expectation of buyers demanding more when they have more money to buy, would have been the case; in which instance the income elasticity would have been positive.

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3 years ago