Answer:
D. $28
Explanation:
Given the following data;
Cost price = $20
Markup = 40%
To find the selling price;
Markup price = 40/100 * 20
Markup price = 800/100
Markup price = $8
Next, we would add the markup to the cost price;
Selling price = markup price + cost price
Selling price = 8 + 20
Selling price = $28
Therefore, the price of each pair of jeans is $28.
d. A randomized block design use packaging as a block. Randomly assign the nine combinations of three price levels and three packaging types, using combination
By utilising a randomised block design, market research can improve the accuracy of the study's findings. RBD The market research firm should conduct the study using the following design:
In a randomised block design, or RBD, experimental units are divided into equal-sized groups or blocks, and each group is then assigned a treatment at random. The information is shielded from outside influences in this way.
In essence, an RBD is a method for organising every possible combination of variables in order to minimise outside errors. Think of the RBD as a building with floors and apartments, with each combination of elements representing a floor.
Learn more about randomized block here:
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The answers are
Savings accounts become less desirable because interest earned is lower than inflation
Individual purchasing power increases, which results in an increase in demand.
Answer:
$ 56,500
Explanation:
Given:
Tuition expenses = $ 28,000
Room and board expenses = $ 2,500
Earning from the part time = $ 16,000
Fulltime salary = $ 42,000
Now,
the opportunity cost is given as:
= Full time working salary + (sum of expenses) - Earnings
on substituting the values, we get
opportunity cost = $ 42,000 + ( $ 28,000 + $ 2,500 ) - $ 16,000
or
opportunity cost = $ 56,500
Answer:
The correct option is B
Explanation:
Periodic Inventory System is an inventory accounting system that allows for the periodic update of the merchandise inventory and accounts receivable accounts in the books the seller, which means there is an assigned period for the inventory clerks to conduct any inventory counts in the company's warehouse.
Option D is false because the statement should be Merchandise Inventory or Cost of Goods Sold since Periodic Inventory System allows for a periodic update of the said accounts. so, there is no logical reasons to integrate it with the Accounts Receivable and Revenue accounts.
