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2 years ago

Dannon Yogurt represents what type of product for most consumers?

Business

1 answer:

kondor19780726 [428]2 years ago

4 0

Answer:

c. Convenience

Explanation:

The convenience product is that product which is routinely or immediately purchased. The Dannon yogurt is easy to buy, as it has a very low price so every class can be purchased.

The Dannon yogurt is a perishable commodity that is perishable in nature and is to be consumed daily.

Examples of this convenience product include yogurt, milk, juices, candy,etc.

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Well-Bread Grain Company is a price-taker and uses target pricing. The company has just done an analysis of its revenues, costs,

mixer [17]

Answer:

The target fixed cost are $200,000

Explanation:

According to the given data we have the following:

Target full product costs= $ 500,000

Production volume= 150,000 units

Actual variable cost= $2 per unit

Therefore, Variable costs= 150,000 units × $ 2 = $ 300,000

In order to calculate the the target fixed cost we would have to make the following calculation:

Target fixed cost=Target full product costs-Variable costs

Target fixed cost=$ 500,000-$ 300,000= $ 200,000

The target fixed cost are $200,000

6 0

2 years ago

One local hospital has just enough space and funds currently available to start either a cancer or heart research lab. If admini

morpeh [17]

Answer:

total payoff = $50000

Explanation:

solution

The payment is indicated on a specific node in a circular format.

This is the sum of the results and their possibilities.

we get here now total payoff node is

total payoff = 0.5 × $100,000 + 0.5 × 0

total payoff = $50000

and given the number, it shows that the right decision is the cancer lab. This is because it has the highest price with expected 60000

8 0

2 years ago

A manufacturer of tiling grout has supplied the following data: Kilograms produced and sold 380,000 Sales revenue $ 2,736,000 Va

KATRIN_1 [288]

Answer:

Break-even point in units= 272,308 units

Explanation:

Giving the following information:

Variable manufacturing expense $ 1,349,000

Variable selling and administrative expense $ 399,000

Total variable cost= 1,748,000

Fixed manufacturing expense $ 336,000

Fixed selling and administrative expense $ 372,000

Total fixed costs= 708,000

<u>First, we need to calculate the unitary selling price and unitary variable cost</u>:

Unitary selling price= 2,736,000/380,000= $7.2

Unitary variable cost= 1,748,000/380,000= $4.6

<u>Now, to calculate the break-even point in units, we need to use the following formula:</u>

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= 708,000 / (7.2 - 4.6)

Break-even point in units= 272,308 units

6 0

2 years ago

Tony and Suzie are ready to expand Great Adventures even further in 2022. Tony believes that many groups in the community (for e

eduard

Answer:

Great Adventures

a) Adjusting Entry for Uncollectible Accounts:

Date General Journal Debit Credit

Jun. 30 Uncollectible Expense $2,320

Allowance for Uncollectibles $2,320

To provide 8% allowance for uncollectibles.

b) To accrue one month of interest on the note receivable:

Date General Journal Debit Credit

Jun. 30 Interest Receivable $40.83

Interest on Notes $40.83

To accrue one month of interest.

c) GREAT ADVENTURES, INC.

Partial Balance Sheet as at June 30, 2022

Assets

Current Assets:

Accounts Receivable $29,000

less allowance for uncollectibles 2,320

Net Accounts Receivable $26,680

Explanation:

a) Accounts Receivable

Date Description Debit Credit Balance

Feb. 25 Kr. Kendall's Boys Scout $4,000 $4,000

Feb. 28 Cash $3,840 160

Feb. 28 Cash Discount 160 0

Mar. 19 Reynold 5,000 5,000

Mar. 27 Cash 4,800 160

Mar. 27 Cash Discount 200 0

Apr. 7 Cash 8,500 (8,500)

Apr. 14 Elks Lodge 8,500 0

Apr. 30 Myers Manufacturing 7,000 7,000

May 31 7% Note Receivable 7,000 0

Jun. 15 MBA Groups 29,000 29,000

b) Allowance for uncollectibles = $29,000 x 8% = $2,320

c) Interest on Notes = ($7,000 x 7%)/12 = $40.83

3 0

2 years ago

When demand is ________ it implies that more customers would like to buy the product than can be satisfied.a. Latentb. Irregular

goldfiish [28.3K]

Answer:

The correct answer is C

Explanation:

Demand is a principle of economic, which means a consumer or a customer desire to purchase or bought the services or goods and willingness to pay the price for a particular item or goods or services.

When the demand is overfull or immensely full, it means or states that the more number of customers would buy or purchase the product rather than being satisfied.

When the demand is overfull, it examples are rice, food and wheat.

6 0

2 years ago