Answer:
The answer is: January 5
Explanation:
This is a bill and hold arrangement which enables payment ahead of the delivery of the equipment.
Once Merkel places the purchase order, it should record the cost of the office equipment. It is usual that companies pay in advance a percentage of the total cost and the rest when the equipment is delivered.
Answer:
Cost of goods sold = $244,000
Explanation:
We will calculate the manufacturing overhead underapplied or over applied
Manufacturing overhead underapplied= Incurred overhead- Overhead applied
Manufacturing overhead underapplied= 84,000- 80,000
Manufacturing overhead underapplied= $4,000
Cost of goods sold= Start finished good inventory- Ending finished good inventory + cost of good manufactured + overhead underapplied
Cost of goods sold= 50,000 - 46,000 + 236,000 + 4,000
Cost of goods sold = $244,000
Answer:
b. The refusal has an anti competitive effect on the market.
Explanation:
When a company that sells certain products fails to sell same to a retailer who deals in same products, such is said to have anti competitive effect on the market. The aim is to reduce competition in the market.
This type of refusal would always lead to price fixing, boycott.etc. When there is price fixing, it would lead to customers being unable to buy the product due to high price.
Products that are evenly distributed and not selective would increase competition in the market place such that customers would be able to purchase such product in any retail shop that sells the products.
Answer: What is the best way to get his service to his target customers
Explanation:
Market research is the process of determining how viable a product will be after research has been conducted in the market. This is vital in getting opinions of customers.
Marketing mix are the marketing tools which an organization can use in order to pursue its marketing objectives.
The question that should be asked about the marketing mix placement is "What is the best way to get his service to his target customers". This is vital in knowing the best method to use in making the product available to the customers.
