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2 years ago

14

A trading company acts like a ______, taking on much of the responsibility of finding markets while facilitating all marketing a

spects of a transaction.

1 answer:

wariber [46]2 years ago

5 0

A trading company acts like a wholesaler

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Because services are inseparable, they cannot be tried before they are purchased. To counteract this, a service firm might:

Marina CMI [18]

Answer:

A, Offer a guarantee for the customer's complete satisfaction.

Explanation:

SInce services are inseperable beacuse there cannot be trials unlike in some goods, the only way to keep a customer's mind at rest over the service he or she is getting to give a guarantee as to the quality of the service such that the customer is satisfied and can purchase the service.

For example, giving a customer a time frame for the durability of a service and also a consideration for re-service before the set or supposed time is a way of giving customer guarantee about a service he or she is purchasing

.

Cheers.

3 0

3 years ago

TB MC Qu. 9-371 Irving Corporation makes a product with ... Irving Corporation makes a product with the following standards for

lisov135 [29]

Answer:

Variable manufacturing overhead rate variance= $664 favorable

Explanation:

Giving the following information:

Variable overhead 0.2 hours $ 5.10 per hour

The company used 1,660 direct labor-hours to produce this output. The actual variable overhead cost was $7,802.

<u>To calculate the variable overhead rate variance, we need to use the following formula:</u>

Variable manufacturing overhead rate variance= (standard rate - actual rate)* actual quantity

Actual rate= 7,802/1,660= $4.7

Variable manufacturing overhead rate variance= (5.1 - 4.7)*1,660

Variable manufacturing overhead rate variance= $664 favorable

6 0

3 years ago

Atlas Corporation sells 100 bicycles during a month. The contribution margin per bicycle is $200. The monthly fixed expenses are

jonny [76]

Answer:

A, $12,000

Explanation:

Profit is the financial gain as a result of the difference between the selling price of a product and the cost/production cost of the product.

To calculate the profit from the sale of the bicycles, we use the formula

Profit = (marginal cost x quantity of bicycles) - Expenses.

we have,

Profit = ($200 x 100) - $8,000

Profit = $20,000 - $8,000

Profit = $12,000.

Cheers.

4 0

3 years ago

What is an example of statistical reasoning?

zubka84 [21]

Answer/Explanation:

Statistics educators often talk about their desired learning goals for students, and invariably, refer to outcomes such as being statistically literate, thinking statistically, and using good statistical reasoning. Despite the frequent reference to these outcomes and terms, there have been no agreed upon definitions or distinctions. Therefore, the following definitions were proposed by Garfield (2005 and have been elaborated in Garfield and Ben-Zvi (2008).

Statistical literacy is regarded as a key ability expected of citizens in information-laden societies, and is often touted as an expected outcome of schooling and as a necessary component of adults’ numeracy and literacy. Statistical literacy involves understanding and using the basic language and tools of statistics: knowing what basic statistical terms mean, understanding the use of simple statistical symbols, and recognizing and being able to interpret different representations of data (Garfield 1999; Rumsey 2002; Snell 1999)

5 0

3 years ago

The accounting records for Portland Products report the following manufacturing costs for the past year. Direct materials $ 390,

Novay_Z [31]

Answer:

Results are below.

Explanation:

<u>First, we need to calculate the unitary costs:</u>

Direct materials= 390,000/180,000= $2.17

Direct labor= 261,000/180,000= $1.45

Variable overhead= 235,000/180,000= $1.31

<u>Now, we determine the new costs:</u>

Direct materials= 2.17*1.2= $2.604

Direct labor= 1.45*1.04= $1.508

Fixed overhead= 851,000*1.1= $936,100

<u>Total cost for 144,000 units:</u>

Total cost= 144,000*(2,604 + 1,508 + 1.31) + 936,100

Total cost= 144,000*5.422 + 936,100

Total cost= $1,716,868

<u>Finally, the unitary cos for both years:</u>

Last year= 2.17 + 1.45 + 1.31= $4.93

This year= $5.422

7 0

3 years ago