Individual marketing across segments creates more total sales than any other type of marketing.

17 Select the correct answer. Which characteristic best describes organizational buying? A. The market contains huge numbers of

Kryger [21]

Answer:

The market contains huge numbers of buyers.

Explanation:

Organization buying is the process through which formal institutions establish the basis for purchasing products or services. It involves identifying, evaluating, and picking the ideal option from the available brands and suppliers. A typical organization will have a team of skilled workers directly or indirectly involved in the buying process. Businesses that purpose to maximize profits will go the extra mile to get the best deals on their purchases.

Organization buying will involve the participation of many people. Common characteristics of organization buying are

Several people in the organization influence buying
The organizational buyers are qualified professionals in purchasing.
A lot of purchasing occurs in direct dealing with producers.
The purchases are in large quantities
Close relationships and service are required.

3 0

3 years ago

Bank of College Park loaned $9,000 to a customer on May 1, 2018, accepting a 9-month, 8% note. The bank recorded the transaction

VMariaS [17]

Answer:

Interest receivable 480 Interest revenue 480

Explanation:

The adjusting entry is shown below:

Interest receivable Dr 480 ($9,000 × 8% × 8 months ÷ 12 months)

To Interest revenue 480

(Being the interest receivable is recorded)

The interest receivable is debited as it increased the assets and credited the interest revenue as it also increased the revenue

The eight months are considered from May 1,2018 to December 31,2018

6 0

3 years ago

Does a monthly fixed-rate mortgage payment change?

Semenov [28]

A fixed-rate mortgage's great benefit would be that your monthly payment won't change throughout the duration of the loan. The principal and interest, which make up a portion, won't alter.

What is a mortgage and how does it take a job?

When you get a mortgage, your lender will give you a certain amount of money to buy the house. You agree to pay interest while repaying the loan over a period of years.

What salary is used to cover the mortgage?

The 28% rule states that your mortgage payment ought to be 28% less than of your gross monthly income. To figure how much you can spend using this strategy, multiply your monthly total pay by 28%.

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6 0

10 months ago

Leisure Heating & Cooling installs and services commercial heating and cooling systems. Leisure uses job costing to calculat

marshall27 [118]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Overhead is allocated to each job based on the number of direct labor hours spent on that job.

At the beginning of the current year:

The estimated overhead= $66,750.

Estimated direct labor hours= 4,450

In November, Leisure started and completed the following two jobs:

Job 101

Direct materials used= $16,000

Direct labor hours used=195

Job 102

Direct materials used= $ 10,500

Direct labor hours used= 72

Leisure paid a $30 per hour wage rate.

A) predetermined overhead rate= total estimated manufacturing overhead/ total amount of allocation base

predetermined overhead rate= 66,750/4450= $15 hour

B) Job 101:

Manufacturing overhead allocated= direct labor hours*predetermined overhead rate

Manufacturing overhead allocated= 195*15= $2925

Job 102:

Manufacturing overhead allocated= 72*15= $1080

C) Job 101:

Total cost= direct materials + direct labor + manufacturing overhead

Total cost= 16000 + 195*30 + 2925= $24,775

Job 102:

Total cost= 10500 + 72*30 + 1080= $13740

4 0

3 years ago

Taylor is analyzing the effects of wage rates on the supply of laptop computers. By using the ceteris paribus assumption, Taylor

Maru [420]

By using the ceteris paribus assumption, Taylor is holding the

holding all costs of production other than the wage rate constant

not considering retail price of laptop computers

<h3>What is ceteris paribus?</h3>

Ceteris paribus is a Latin phrase used in economics that means all other things being equal in English. It is used when studying the effect of one variable on another variable to mean that other variables that can affect the variable being studied is assumed to not change.

When Taylor is analyzing the effect of wage rates on the supply of laptop computers. By using the ceteris paribus assumption, he is assuming that other factors that would affect the supply of laptops are assumed to be constant.

The other factors that might affect the supply of laptop computers include:

cost of production
retail price of laptops

Here is the complete question:

Taylor is analyzing the effects of wage rates on the supply of laptop computers. By using the ceteris paribus assumption, Taylor is __________.

Select the two correct answers below.

Select all that apply:

holding the supply of laptop computers constant

holding all costs of production other than the wage rate constant

holding wage rates constant

not considering retail price of laptop computers

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7 0

1 year ago

Individual marketing across segments creates more total sales than any other type of marketing. ​

Individual marketing across segments creates more total sales than any other type of marketing.