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1 year ago

In asking consumers what career its famous barbie doll should pursue next, toymaker mattel was using ________.

1 answer:

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In asking consumers what career its famous barbie doll should pursue next, toymaker Mattel was using crowdsourcing.
The term crowdsourcing denotes the process of engaging and collecting information form a large number of people. It is done typically via the Internet.
New technologies, social media and web 2.0 are part of the crowdsourcing.

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The Smith family adopted a child. The adoption procedure took about three months, and the family incurred various expenses. Will

Zina [86]

Yes, the Smith family will receive financial benefits for the taxable year. When you adopt a child, there are parts of the adoption process that are tax write offs for the family. Depending on the money spent, the different fee's paid and what all went into the adoption certain parts will be a tax credit they can apply and use as a deduction. Most of the time the expenses have to be at or over a percentage of your income.

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2 years ago

Read 2 more answers

On January 1, 2007, Nichols Company’s inventory of Item X consisted of 2,000 units that cost $8 each. During 2007 the company pu

timama [110]

Answer: $45,000

Explanation:

Last In First Out (LIFO) is an inventory valuation and management method that works by selling the most recent inventory to come into the business as opposed to the earlier ones.

In the above, the most recent Inventory to come in is the 5,000 units bought at $10 each.

The 4,500 units sold will therefore come from there.

Cost of Goods Sold = Units Sold * Purchase Price

= 4,500 * $10

= $45,000

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1 year ago

Teall Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard mac

erastova [34]

Answer:

$4,500 U

Explanation:

Teall Corporation

Budget variance = Actual fixed overhead cost − Budgeted fixed overhead cost

Actual total fixed manufacturing overhead $ 59,500

Less Budgeted fixed manufacturing overhead cost $ 55,000

Fixed manufacturing overhead budget variance for the month $4,500 U

Therefore the fixed manufacturing overhead budget variance for the month is $4,500 U

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2 years ago

Nora has heard that opening a lot of credit card accounts is a good way to build credit. She currently has five cards, but is so

Sladkaya [172]

This is a bad move. You should work on getting a high credit score on one card not multiple.

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1 year ago

Identify whether each statement describes the market period, the short run, or the long run.A.Output and the number of firms are

AfilCa [17]

Answer: A. Market Period.

B. Long Run

C. Short Run

Explanation:

A.Output and the number of firms are fixed

The MARKET PERIOD is a very short period that refers to a situation where all resources are FIXED. This means that Output itself is fixed and therefore cannot adjust to demand.

B.Plant capacity is flexible. Firms can enter and exit an industry.

This is the LONG RUN. A time where all resources are Variable. This means that factors such as Plant Capacity which is FIXED in the Short Run will simply be Variable and hence flexible in the long run. Other Firms are also free to enter or leave the Industry during this time.

C.Plant capacity and the number of firms are fixed. Firms can employ more labor if needed

This refers to the SHORT RUN which is a situation where AT LEAST one resource is FIXED and others are VARIABLE. As long as there is a Fixed Resource with some Variable Resources, it is the Short Run. Plant Capacity and Number of Firms are fixed but Labor is Variable. This makes this scenario a Short Run Scenario.

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1 year ago