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kow [346]
3 years ago
6

Which of these is one way to quantify the personal value of a good service?

Business
1 answer:
vekshin13 years ago
6 0

One way of quantifying the personal value of a good or service is by having to find the monetary value of a particular something by which the person is likely to be willing to trade in—in exchange for a particular good or a service.

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A company's flexible budget for 24,000 units of production showed total contribution margin of $93,600 and fixed costs, $31,200.
Levart [38]

Answer:

a. $81,900.

Explanation:

The contribution margin per unit is obtained by dividing the total contribution margin by the 24,000 units produced.

CM = \frac{\$93,600}{24,000} = \$3.9\ per\ unit

The expected operating income is given by the contribution margin minus the fixed costs. For 29,000 units sold, the operating income is:

I = \$3.9*29,000 - \$31,200\\I=\$81,900

The answer is a. $81,900.

4 0
2 years ago
What term is commonly used to describe how a company builds and maintaining strong barriers to withstand competitive attacks?.
vovangra [49]

A natural next step is a term used to describe how a company builds and maintains strong barriers to withstand competitive attacks.

In the field of business, the natural next step can be described as a part of marketing principle #3. According to this marketing principle, there is a reaction shown by every competitor in a market to its rival.

The natural next step is a strategic plan to overcome rivals in a business by forming trusted and good relations with customers. Strong barriers in the form of enhanced connections with the customers are made so that competitive attacks could be withstood.

To learn more about barriers, click here:

brainly.com/question/14277264

#SPJ4

5 0
1 year ago
Cost of Units Completed and in Process The charges to Work in Process—Assembly Department for a period, together with informatio
MrRissso [65]

Answer:

<em>Cost of completed WIP:</em> 30,240

<em>Total cost of tranferreed-out:</em> 729,990

Explanation:

<em><u>We assume it works with weighted-average process costing</u></em>

Beginning 9,000 50% = 4,500   $22,050

Finished goods 207,000 units

Direct Materials 212,000 units at $1.6

Direct labor       $276,000

Overhead          $<u> 107,400    </u>

Total Overhead $383,400

started   212,000 units

<u>finished 207,000 units</u>

ending       5,000 units at 75%

EU Conversion Cost 207,000 + 5,000 x 75% =  210,750

<em>Cost per equivalent unit: 383,400 / 210,750 = 1,819217</em>

Cost of beginning WIP comepleted

22,050 beginning + 1.82 x 4,500 =  30,240

Cost of the units transferred to finished goods:

    22,050 beginning WIP balance

+ 207,000 x $1.6 materials

<u>+ 207,000 x $1.82 conversion cost  </u>

<em>Total:</em> 729,990

7 0
2 years ago
Which of these examples is not a good way to generate a unique response to a job advertisement?
zvonat [6]
<span>Include generalized statements the say, in effect, "take my word for it, I have what you are seeking."
People generally respond to advertisement that specifically address their personal needs/issue. Those type of sentences which ask others to trust you without solid reason will only make you seem too untrustworthy to be approached.

</span>
6 0
3 years ago
Which economic system best defines: Lowest amount of economic freedom?
Dafna11 [192]

Answer:

command economy

Explanation:

In a command economy, the government is the only determinant of what is to be produced, its quantity, and price.  All the factors of production belong to the government. The government or the central authority creates a central plan that guides all country's economic activities and decisions.

The private sector is absent in a command economy. The government is the only employer. Citizens do not have the freedom to choose what to buy, but rather what is available.

6 0
3 years ago
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