Ask question

Ask question

All categories

1 year ago

13

Which utility applies to a company that acknowledges that customers have a preference for maximum satisfaction from their entert

ainment or recreational experience?
A. Form utility
B. Economic utility
C. Possession utility
D. Place utility
E. Price utility

1 answer:

mixas84 [53]1 year ago

4 0

Answer:

B

Explanation:

You might be interested in

In the company's accounting system all fixed expenses of the company are fully allocated to products. Further investigation has

PSYCHO15rus [73]

Answer:

= $132,000.

Explanation:

There are two types of fixed costs, general fixed cost and specific fixed cost.

<u><em>General fixed costs </em></u><em>are those that cannot be traced to a specific product rather they are incurred for the benefit of all of the product being produced. For example,the rent of the factory where three products are being produced</em>

So they are unavoidable should a product be ceased for production that is they would still be incurred either way.

<u>S</u><u><em>pecific fixed costs </em></u><em>are those incurred specifically for a particular product and as such they would be saved should the product be discontinued. For example , if a special machine that cost $4000 a month to rent is used to produce a product. The $4000 would be saved should the production of the product ceases</em>

The net operating cost of the company would increase by the amount of the avoidable specific fixed cost:

=$90,000 + $42,000

= $132,000.

3 0

2 years ago

Delta Insurers typically affirms or denies claims within 120 days after it receives proof of loss statements. Which statement is

mamaluj [8]

Answer:

Option A is correct

Explanation:

The 2 Option are:

<em>i. The firm Delta Insurers typically affirms claims within 120 days after it receives proof of loss statements </em>

<em>ii. The firm Delta Insurers typically denies claims within 120 days after it receives proof of loss statements.</em>

<em />

Delta insurance company is a typical insurance company that operates it business in line with the Insurance practice code in its operation country. Failure of perform those duties strictly will lead to revoke of operational license which will incur consequential loss for the Insurance Company.

Delta Insurers insures against peril of Vehicle, Fire, Burglary, Consequential loss, Business Interruption and so on.

The insurer however have its own mode of settling claims as stated in the Policy form. The statement might be stated in there that "<em>we typically affirms claims within 120 days after we receives proof of loss statements". </em>No insurer can states in its policy form that "<em>we typically affirms claims within 120 days after it receives proof of loss statements", t</em>his is against the code of conduct of Insurance business

<em />

7 0

1 year ago

Suppose Asarta Inc. is polluting yucko and they have been tasked with cleaning up some of their waste. The company decides to cl

uranmaximum [27]

Answer: The answer is No, because the MB > MC

Explanation:

They are not cleaning up enough because the MB>MC. Therefore, all other options which cut across - Yes, because the MC > MB,

No, because the MB > MC,

Yes, because the MB > MC and

No, because the MC > MB are wrong.

5 0

1 year ago

Assuming a routine manufacturing activity, present journal entries (account titles only) for each of the following transactions:

trasher [3.6K]

Answer:

Explanation: Journal Entries

a. Purchased material on account

Debit: Materials Purchases

Credit: Account payable

b. Recorded wages payable

Debit: Wages

Credit: Wage payable

c. Requisitioned both direct material and indirect material.

Debit: Manufacturing overhead

Credit: Raw material inventory

d. Assigned direct and indirect labor costs.

Debit: Manufacturing overhead

Credit: Labour costs

e. Recorded factory depreciation

Debit : Depreciation expense

Credit: Accumulated depreciation

-accrued factory property tax.

Debit: Property tax expense

Credit: Accrued Tax

f. Applied manufacturing overhead to production.

Debit: Production expenses

Credit: manufacturing overhead

g. Completed work on products.

Debit: finished goods inventory

Credit: work in process inventory

h. Sold finished goods on account.

Debit: Account receivable

Credit: Sales

i. Paid wages

Debit: Wages

Credit: cash/bank

8 0

2 years ago

Merck, a pharmaceutical company, has taken thousands of drugs through the federal approval process and so can do it more cost ef

melomori [17]

Answer:

learning effects

Explanation:

Learning effects: In economics, the term "learning effects" is described as the process through which specific education is considered as increasing productivity and therefore results in producing higher wages. It gives an insight to the company to develop some competitive advantage by decreasing some of the production costs. However, the employees are focused on working more efficiently, decrease in the number of wastes and defects on several products.

In the question above, the given statement signifies the leaning effects.

4 0

1 year ago