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n200080 [17]
3 years ago
12

Neil, an entrepreneur and inventor, developed new software to help retail stores manage their

Business
1 answer:
Lera25 [3.4K]3 years ago
6 0

Answer:

The anwer is A. Economic Viability.

Explanation:

This question represents a very common problem faced by many new innovators in the market. They put out a new product and then the rest follow and copy it.

When it comes to new products there are Several factors that influence it's popularity. Simply they are,

1. The affordability or the economic viability. Simply this means if a product is "feasible" cost wise and logistically. Price is a major factor that falls under this.

2. Technological feasibility means if the technology used in the product permits the product to be used effectively in Business operations.

3. Organization suitability: softwares and almost any asset is suitable for different organizations in different ways and might not be suitable for some organizations.

These are the major factors that influence a products popularity. However in this scenario, the entrepreneur Neil's product is becoming less popular because the Economic Viability of the software is coming down because of the much cheaper alternatives in the market.

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On June 30, the end of the first month of operations, Tudor Manufacturing Co. prepared the following income statement, based on
mezya [45]

Answer:

A. $1,280,600

B. $1,280,600

Explanation:

A. Preparation of an absorption costing income statement.

Tudor Manufacturing Co.

Absorption Costing Income Statement

For the Month Ended June 30, 2014

Sales (420,000 units) $7,450,000

Cost of goods manufactured $7,160,000

(500,000 units x $14.32 per unit)

($160,000 / 500,000 units = $0.32 per unit)

($14 per unit + $0.32 per unit = $14.32 per unit)

Less ending inventory $1,145,600

(80,000 units x $14.32 per unit)

Cost of goods sold $6,014,400

Gross profit $1,435,600

($7,450,000 - $6,014,400)

Selling and administrative expenses:

Variable selling and administrative expenses $80,000

Fixed selling and administrative expenses $75,000 $155,000

Income from operations $1,280,600

($1,435,600 - $155,000)

Therefore the absorption costing income statement will be $1,280,600

B.Calculation to Reconcile the variable costing income from operations of $1,255,000 with the absorption costing income from operations determined in (a)

First step is to calculate ending inventory difference

Ending inventory difference = $1,145,600 - $1,120,000

Ending inventory difference = $25,600

Now let Reconcile the variable costing income from operations

Reconciliation of Variable Costing and Absorption Costing Incomes from Operations

Variable costing income from operations $1,255,000

Add: Difference between absorption costing and variable costing ending inventories $25,600

Absorption costing income from operations $1,280,600

($1,255,000+$25,600)

Therefore the variable costing income from operations of $1,255,000 with the absorption costing income from operations determined in (a) will be $1,280,600

8 0
3 years ago
Companies raise capital in two main ways ___________.
choli [55]

Answer:

Two important ways are debt and equity

Explanation:

Companies has two ways in which they could raise the capital is debt which is an amount borrowed by one party from another and it is borrowed under a condition that is to be paid back at date which is decided along with the interest and equity is called as the shareholder equity which the amount that would be returned to the shareholders of the company if all the assets are liquidated.

7 0
3 years ago
Which of the following best explains the quote below in terms of political propaganda?
Sphinxa [80]
<span>D. Goethe meant that people who speak out about political issues should thoroughly understand the issues they are taking about.
</span>
4 0
3 years ago
Read 2 more answers
What happens if you get pulled over without insurance?.
ehidna [41]

Answer:

It depends on which state you are in. In Michigan if you operate a motor vehicle on state roadways and you don't have car insurance, you could face the following: Driver's license and registration suspension. Up to one year in jail. Fines and fees up to $500.

Explanation:

4 0
2 years ago
you lend a friend 10,000 dollars for which your friend will repay you 27,027 dollars at the end of 5 years. What interest rate a
Step2247 [10]

Answer:

The interest rate is "21.999%".

Explanation:

The given values are:

Amount lent,

= 10,000

Amount repaid,

= 27,027

Years (n),

= 5

As we know,

⇒  Amount \ repaid = Amount \ lent\times (1+r)^n

On substituting the given values, we get

⇒                27,027=10,000\times (1+r)^5

⇒                  \frac{27,027}{10,000}=(1+r)^5

⇒                 2.7027=(1+r)^5

⇒                 1+r = (2.7027)^{(1/5)}

⇒                 1+r=1.21999

On subtracting "1" from both sides, we get

⇒          1+r-1=1.21999-1  

⇒                      r=0.21999

i.e.,

⇒                      r=21.999 \ percent

5 0
3 years ago
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