Answer:
Cost of Goods Manufactured 805,000
Explanation:
Beginning 80,000
Materials 300,000
Labor 400,000
Overhead 175,000
Total Cost added 875,000
Ending (50,000)
The company has a beginning inventory, then it adds materials, labor and overhead to process the units.
All those are capitalized cost, the marketing cost are not manufacturing cost, so are ignored.
Then we have an ending WIP those are unit not yet complete, so are not completely manufactured, so we don't transfer their balance into finished goods.
Cost of Goods Manufactured
beginning WIP + cost added - ending WIP = 905,000
Answer:
Microsoft will choses High price and you will choose to enter the market .
Explanation:
The Nash equilibrium
<u> You </u>
<u> enter Don't enter</u>
Microsoft high price ( $30 , $10 ) ( $60 , $0 )
Microsoft low price ( $20, -$5 ) ( $50, $0 )
From the Nash equilibrium the best time for you to enter the market is when Microsoft Charges a high price
While the best time for Microsoft is when it charges a high price and you do not enter the market
But considering Simultaneous Move game : Microsoft will choses High price and you will choose to enter the market .
Answer:
In the given case we need to tell the most correct option for the statements:
For Statement 1 = F Joint cost
Whenever two or more products are produced in the process by default without separation it is called joint cost.
For Statement 2 = B. Opportunity Cost
Opportunity Cost is not a cost and is the value of revenue forgone, for choosing the current opportunity.
For Statement 3 = C. Relevant Information
This refers to the future data as it is relevant for decision making, and will differ for each alternative.
For statement 4 = G. Sunk Cost
Sunk Cost is the cost which has already been incurred in the past and cannot be changed, or its impact will be same in no manner it can be avoided.
For Statement 5 = A. Target Full Product Costs
Under Target Full Product Cost the cost of a product from its very initial stage to the stage until its sold is calculated and called as target cost to be achieved.
<u>Full question:</u>
When Starbucks first opened, many critics suggested, "No one will pay $4 for a cup of coffee." Starbucks's critics suggested consumers would not be __________ to the company's offerings.
a. responsive
b. perceptive
c. identifiable
d. reachable
e. quantifiable
<u>Answer:</u>
Starbucks's critics suggested consumers would not be responsive to the company's offerings.
<u>Explanation:</u>
Marketing is all concerning providing the requirements and needs of purchasers. Consumers have supplies and are prepared to contribute to meeting their requirements by acquiring goods and services. The benefit of products offered in the markets depends on whether they satisfy consumer or company needs.
Consumers’ choices on whether to acquire or not to acquire will be a sign of the production of the goods in the market. A portion is responsive if its members behave likewise and confidently to the purchasing mix. Initial critics did not gather that purchasers would acknowledge confidently to the proposal of a $4 cup of coffee.
Answer:
d. Both the longer term and the higher risk would tend to make the interest rate higher on the bond issued by Knight.
Explanation:
Both the longer term and the higher risk would tend to make the interest rate higher on the bond issued by Knight because this bond is risky and uncertain.
This means the company would not want to run at a loss