This is the full question
Choose one of the Web sites listed in the previous question and identify three ways the company has reduced its transaction costs by using a Web site to provide information. List these three transaction cost-reduction elements and write a paragraph in which you discuss one transaction cost-reduction opportunity that you believe that company has missed.
Answer:
I visited the Netflix website. I do not own a netflix account. Netflix has the following cost-reduction opporunities on its webpage:
- Clear information about the costs of the streaming service.
- Clear Frequently Asked Question section explaining about the nature of the service, and the terms of the contract in case you decide to purchase the service.
- Very nice visual interface without clutter.
One transaction cost-reduction opportunity that Netflix is missing though is:
- Lack of a preview to see what shows and films are available.
Answer:
Material Cost variance = Standard cost - Actual cost
= 3000*5 - 16192
= 1192 A
Material Rate Variance = (S.R. - A.R.)A.Q
= (5 - 5.06)3200
= 192 A
Material usage variance = (S.Q. - A.Q.)S.R
= (3000 - 3200)5
= 1000 A
Working Notes:
Actual Output = 1500 units
Standard qty of Material for Actual Output = 1500*2
= 3000 pounds
Actual qty. used = 3200 pounds
Actual rate/pound = $16192/3200
= $5.06
Having been asked by Arch to refund the excess taxes that
were subtracted from January 1 to march 11, when arch claimed only one
withholding allowance, I should inform Arch that I won’t be able to pay back
the over withheld taxes that were withheld before March 13 and that the correction
will have to be made when he documents his annual income tax return.
Answer:
(1)=A (2)=D
i just need to fill up this space to answer~
Answer:
Call in Arrear
The company calls for money from shareholders when needed within a certain period. If the shareholder is not able to pay the call amount due on an allotment or on any calls according to the terms before or on the specific date fixed for payment, such amount is taken as 'call in arrears'.
Explanation:
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