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miss Akunina [59]
2 years ago
10

Carrie enjoyed observing wildlife in natural habitats. She wanted to be able to hide at a distance but observe wildlife close up

in a variety of circumstances. She visited five different outdoors shops and tried using several different pairs of binoculars. She liked the feel and features of the Nikon 7576 MONARCH 5 and decided to purchase it. What two levels of the product levels model did Carrie experience in this process?
Business
1 answer:
jek_recluse [69]2 years ago
6 0

Answer: 1. The core benefit

2. Expected product

Explanation:

Product Levels model indicates the degree to which certain products and services meet the expectations of customers. There are basically five product levels models which include; Core benefit, Generic product, Expected product, Augmented product, and Potential product.

The two product levels model Carrie experienced in her purchase of the Nikon 7576, and Monarch 5 are;

a. The core benefit: A product meets the core benefit when it meets the needs of the customer. The two products purchased by Carrie satisfy her basic need of binoculars that would enable her to observe wildlife from a distance.

b. Expected Product: This is factored when the product features meets the expectation of the customer. In Carrie's case, she liked the feel and features of these devices and this implies that they met her expectations.

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A manufacturing company uses 1000 non-returnable special pins a month, which it purchases at a cost of $2 each. The manager has
olganol [36]
What’s a EQR? And what grade are you in cuz like idk what that is ;w ; sorry
7 0
2 years ago
Vaughn Corporation acquires a coal mine at a cost of $460,000. Intangible development costs total $115,000. After extraction has
Elenna [48]

Answer:

Depletion expense A/c Dr $84,525

       To Accumulated depletion A/c

(Being the depletion expense for the first year is recorded)

Explanation:

The journal entry is presented below:

Depletion expense A/c Dr $84,525

       To Accumulated depletion A/c

(Being the depletion expense for the first year is recorded)

The computation is shown below

First we have to compute the depletion per ton which is calculated below:

= (Acquired cost of coal mine + Intangible development costs + fair value of the obligation - Sale value) ÷ (Number of estimated tons of coal extracted)

= ($460,000 + $115,000 + $92,000 - $184,000) ÷ (4,600 tons)

= $105

Now if 805 tons are extracted in first year, so the depletion would be

= 805 tons × $105

= $84,525

8 0
2 years ago
If a more efficient technology was discovered by a firm, there would be Multiple Choice a downward shift in the AFC curve. an up
Pavlova-9 [17]

Answer:

a) a downward shift in the AFC curve

Explanation:

AFC = Average Fixed Cost, AVC = Average Variable Cost, MC = Marginal Cost

Average Fixed Cost is defined as the fixed cost of production divided by the quantity produced. Mathematically given as:

Average Fixed Cost = Fixed Cost ÷ Quantity

AVC = FC ÷ Q

Average Variable Cost is defined as the variable cost of production divided by the quantity produced. Mathematically given as:

AFC = VC ÷ Q

Marginal Cost is defined as the cost incurred for an additional unit to be produced. Mathematically given as:

MC = ΔC ÷ ΔQ

The firm discovered a more efficient technology implies that the cost of production is reduced. The result of this is that the fixed cost (FC) is reduced and consequently, the AFC is reduced as well. Hence, the AFC curve shifts downward. We therefore see that a reduction in fixed costs (due to the discovery of a more efficient technology) results in the AFC curve shifting downwards

<u>Hence, Option A (a downward shift in the AFC curve) is the correct answer </u>

8 0
2 years ago
An asset (not an automobile) put in service in June 2020 has a depreciable basis of $2,065,000, a recovery period of 5 years, an
faust18 [17]

Answer:

$2,065,000

Explanation:

Based on the information given the maximum amount of cost that can be deducted in the year 2020 will be depreciable basis of the amount of $2,065,000 reason been that 100% is the bonus depreciation that is allowed under bonus election.

Therefore maximum amount of cost that can be deducted in the year 2020 will be the same amount of $2,065,000.

7 0
2 years ago
Merck &amp; Company reported the following from its 2016 financial statements. $ millions 2013 2014 2015 2016 Accounts receivabl
kherson [118]

Answer:

a. Compute accounts receivable gross for each year.

  • 2013 $7,330
  • 2014 $6,779
  • 2015 $6,649
  • 2016 $7,213

b. Determine the percentage of allowance to gross account receivables for each year.

  • 2013 1.99%
  • 2014 2.26%
  • 2015 2.48%
  • 2016 2.70%

c.                                                             2013         2014       2015      2016

adjusted allowance for                         $173         $160        $157      $170      

doubtful accounts

Balance sheet adjustments:

allowance for doubtful accounts          $27            $7          -$8       -$25

accounts receivable net                      $7,157     $6,633   $6,476   $6,993

deferred tax liability                            -$9.45      -$2.45      $2.8      $8.75

retained earnings                                 $9.45       $2.45     -$2.8     -$8.75

Income statement adjustments:

bad debt expense                                  $27            $7          -$8       -$25

income tax expense                            -$9.45      -$2.45      $2.8      $8.75  

net income                                            $9.45       $2.45     -$2.8     -$8.75

Explanation:

                                                                 2013         2014       2015      2016

Accounts receivable, net                       $7,184     $6,626   $6,484   $7,018

Allowance for doubtful accounts            $146        $153        $165      $195

four year average of allowance for doubtful accounts = (1.99 + 2.26 + 2.48 + 2.7) / 4 = 2.36%

8 0
2 years ago
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