Answer:
Customer value
Explanation:
Customer value is a marketing term representing the satisfaction or experience or benefit a customer gets from a product in exchange for the value they give to have access to the satisfaction.
In the future term, it also represents the benefit a customer expects to get from a product mostly based on the promises of the vendor in exchange for the payment or value the customer is expected to transfer to the producer for the product.
The value a customer is to give to derive the satisfaction is not limited to monetary transfers it could also include time, knowledge, even other choice products that could have offered similar benefits. Customer value will help a customer decide whether the benefit from a product is worth the expense or value given to obtain it.
The manager at Tom's Taxidermy expects to sell 900 units at $80 each unit. In order for the manager to breakeven, the manager must sell 100 units. What is the margin of safety in dollars?
Answer:
$64,000
Explanation:
Given that, the margin of safety is a term that describes the disparity between the actual sales volume and the breakeven volume.
In this case, Tom's Taxidermy expects to sell 9,00 units at $80 each and their breakeven volume is 100 units, the margin of sales, in dollars, is:
MS = ( 900 - 100) * $80
MS = 800 * $80
= $64,000
Therefore, the right answer as Margin of Safety in dollars = $64,000
Answer:
Variable overhead rate variance = Actual Variable overhead incurred - Actual Hours of Input, at Standard Rate
Variable overhead rate variance = ($4.5*18800 - $77,700)
Variable overhead rate variance = $6,900 Favorable
Variable overhead efficiency variance = Actual Hours of Input, at Standard Rate - Standard Hours allowed for Actual Output at Standard Rate
Variable overhead efficiency variance = (12000*1.5 - $18,800)*$4.5 =
Variable overhead efficiency variance = $3,600 Unfavorable
Variable overhead cost variance = Actual Variable overhead incurred - Standard Hours allowed for Actual Output at Standard Rate
Variable overhead cost variance = (12000*1.5*$4.5) - $77,700
Variable overhead cost variance = $3,300 Favorable
Answer:
B) The productive potential of labor unused today is lost forever.
Explanation:
The greatest difference between labor and the other factors of production is that labor is extremely perishable. In other words, if you do not work one day, that lost labor cannot be recovered. Labor is similar to services in a way that they cannot be stored or accumulated, nor they can be postponed. But that doesn't mean that all unemployment is negative. Cyclical unemployment is always negative, but if the unemployment rate is below the natural rate, then it means that the economy is overheated. A low unemployment rate is always healthy, e.g. 3.5-4.5%.
Other factors of production can be accumulated, e.g. you can store fuel.
Answer:
C)
Explanation:
Based on the scenario being described it can be said that they would not be subject to this if the common stock were owned by a partnership where Edwards is not a partner. Most likely if the stocks were divided between Fifty-five shareholders who are related neither to each other nor to Edward, in equal lots of 10 shares each.
