TRUE/FALSE when using the cost-plus pricing method, a firm will compare their products or services to similar products or services already on the market in order to determine what price to charge.

Answers

Answer 1

The statement above is false. It is because if a  company using cost plus pricing market, then the company will calculating total costs, and then the company applying a markup percentage to those costs so that the company can determine the asking price.

In economic and business, Cost plus pricing generally can be defined as a pricing strategy. In the cost plus pricing, a seller or a company will adding a specific fixed percentage to the product's unit cost to determine the selling price of a product.  Essentially, cost plus pricing or also known as the markup percentage can be defined as a method of generating a particular desired rate of return.

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Related Questions

the balance sheet of abc reports total assets of $1,500,000 and $1,700,000 at the beginning and end of the year, respectively. net income and sales for the year are $240,000 and $2,000,000, respectively. what is abc's asset turnover (round the times to 2 decimal points)?

Answers

ABC's asset turnover is 1.25.It is decent and indicates that the company is utilizing its assets effectively to generate sales. To calculate ABC's asset turnover, we need to divide the company's sales by its average total assets. The average total assets can be calculated by adding the beginning and ending total assets and dividing by 2.



So, average total assets = (1,500,000 + 1,700,000) / 2 = $1,600,000
Asset turnover = Sales / Average total assets = 2,000,000 / 1,600,000 = 1.25



Therefore, ABC's asset turnover is 1.25. This means that for every dollar of assets, ABC generates $1.25 in sales. A high asset turnover ratio indicates that the company is efficient in using its assets to generate revenue. In this case, ABC's asset turnover ratio of 1.25 is decent and indicates that the company is utilizing its assets effectively to generate sales.

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Is a travel agent a part of the primary, secondary or tertiary sector?

Answers

a travel agent is a secondary sector

Anderson Manufacturing incurred variable overhead costs of $14,500 and fixed overhead costs of $12,600. How much actual overhead will be used in the total overhead variance calculation? a) $27,100
b) $14,500
c) $1,900
d) $12,600

Answers

The actual overhead used in the total overhead variance calculation includes both variable and fixed overhead costs. In this case, the variable overhead costs were $14,500 and the fixed overhead costs were $12,600, resulting in a total actual overhead of $27,100. This total amount is necessary to accurately calculate the overhead variance. Option(a)  $27,100

The actual overhead used in the total overhead variance calculation would be the sum of the variable overhead costs and the fixed overhead costs. Therefore, the correct answer is:

Actual overhead = Variable overhead costs + Fixed overhead costs

                  = $14,500 + $12,600

                  = $27,100

So, the option (a) $27,100 is the correct answer.

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some policymakers and environmental scientists would like to see the united states cut back on its use of oil in the long run. we can use this elasticity estimate to get a rough measure of how high the price of oil would have to rise in order to get people to make big cuts in oil consumption. how much would a permanent rise in the price of oil have to be to cut oil consumption by 50%?

Answers

As per the given problem, some policymakers and environmental scientists would like to see the United States cut back on its use of oil in the long run. We can use this elasticity estimate to get a rough measure how much a permanent rise in the price of oil would have to be to cut oil consumption by 50%.

Assume that the demand for oil is highly elastic, with a price elasticity of -1.5. We are given that this means that a 1% increase in the price of oil will result in a 1.5% decrease in the quantity demanded. We need to calculate how much the price of oil would have to increase to get people to cut their consumption by 50%.

We know that elasticity is given by the formula: Ep = (% change in quantity demanded) / (% change in price)Rearranging the formula: (% change in quantity demanded) = Ep * (% change in price)We want to find the price increase that leads to a 50% reduction in consumption.

So, we need to solve for % change in price that leads to a 50% reduction in quantity demanded. Hence,% change in quantity demanded = 50% (0.50)Ep = -1.5. We can now solve for % change in price: % change in quantity demanded = Ep * (% change in price) ⇒ (0.50) = (-1.5) * (% change in price) ⇒% change in price = (0.50) / (-1.5)%  = -0.33 or -33%.

Therefore, a permanent rise in the price of oil by 33% will result in a 50% reduction in the quantity demanded.

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When people come to your website based on their own actions, where you have not paid for the link is

Answers

When people come to your website based on their own actions, where you have not paid for the link is organic link, also called an unpaid search.

What is organic link?

This refers to a link from one's website to another website. It is what connects two different website or blogs together.

It is to be noted that organic links go to websites that didn't pay other sites to display them

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Which document determines the number of shares in a company?

a stock prospectus
an annual bill of rights
a corporate charter
an annual report

Answers

Answer:

C. a corporate charter

A Corporate Charter is document determines the number of shares in a company.

What is Corporate Charter?

Corporate charter is a legal document which is issued with the Secretary of State or registrar in order to establish a company as a corporation and contain every detailed information about company's share. The corporate charter contain information about governance, structure, objectives, operation, other information about the company and information about that total company shares and how much the company is willing to sell.

Therefore, A Corporate Charter is document determines the number of shares in a company

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A convenience product would most likely be promoted through _____.

A. segment marketing
B. mass marketing
C. niche marketing
D. micromarketing

Answers

Answer:

a. segment Marketing

Explanation:

hope it helps you

What are the four parts of the SWOT analysis?

Answers

Answer:

Strengths, Weaknesses, Opportunities, and Threats

Explanation:

Answer:

Strengths, Weaknesses, Opportunities, Threats. AKA. SWOT.

Explanation:

A SWOT analysis is a technique for assessing these four aspects of your business.

The definition of competitiveness is how effectively ______. Multiple choice question. an organization can meet customer needs/wants compared to others with similar products/services

Answers

Answer:

an organization can meet customer needs/wants compared to others with similar products/services

Explanation:

Even though most corporate bonds in the United States make coupon payments semiannually, bonds issued elsewhere often have annual coupon payments. Suppose a German company issues a bond with a par value of €1,000, 15 years to maturity, and a coupon rate of 7.3 percent paid annually.If the yield to maturity is 8.6 percent, what is the current price of the bond? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))
Current price �

Answers

Answer:

892.69

Explanation:

Given the following :

Par value of bond (FV) = 1000

Period (n) = 15 years

Coupon rate (r) = 7.3% annually

Yield to maturity (r) = 8.6% = 0.086

The coupon price = 7.3% of par value

Coupon price (C) = 0.073 * 1000 = 73

Current price of bond can be computed using the relation:

= C * [1 - 1 / (1 + r)^n] / r + (FV / (1 + r)^n)

73 * [1 - 1/(1+0.086)^15]/0.086 + 1000/(1 + 0.086)^15

73*(1 - 1/3.44704)/0.086 + (1000/(1.086)^15)

= 73*8.2546131 + 290.10326

= 602.5867563 + 290.10326

= 892.69

If I am convinced that my own neighborhood is safer than it used to be, but that the crime rate in my society is at an all-time high, I am falling victim to...
A) Probability neglect
B) Shifting the burden of proof fallacy
C) Presumptive pessimism

Answers

Answer:

A) Probability neglect

Explanation:

You probably have lived there so long that you neglect to see what the true crime is, and you honestly could care less if its at it all time high

Answer:

A) Probability neglect

Explanation:

its neglectful if you do this

In your own words, explain what actuarial value is

Answers

Answer: What id say an actuarial value is, something you pay for in advanced, like if you buy a game from game stop, and you have to wait for it to actually come out, and they put it on hold for you and stuff, I think that is what actuarial value is, to be honest i have heard of it but never learned it 100% i hope this is correct and hope it helped, have a wonderful day!

Explanation: brailiest please <3

State 5 differences betweeen a stencil suplicator and a spirit duplicator​

Answers

Answer:

spirit duplication is a method of reproducing documents where a spirit duplicator is used. The master copy is prepared from which copies are produced.

I hope is helpful

please i want to be a branalist

Explanation:

According to the video, the work of Heating and Air Conditioning Mechanics and Installers combines the skills of which workers? Check all that apply. Pump Operators Plumbers Electricians Refrigeration Specialists Power Plant Technicians Hydroelectric Production Managers

Answers

Answer:

B,C,D

Explanation:

Plumbers

Electricians

Refrigeration Specialists

Blossom Company allocates overhead at the rate of $5 per direct labor hour. Job A45 required 4 boxes of direct materials at a cost of $31 per box and took employees 20 hours to complete. Employees earn $15 per hour. Compute the total cost of Job A45. Total cost of Job A45

Answers

The total cost of Job A45 is $726. Overall cost, in economics, is the overall expense a company incurs to produce a particular level of production.

Calculation of the cost of Job A45 is as follows: Calculation of the cost of direct materials No. of direct material boxes × Cost per box = Total cost of direct materials4 boxes × $31 per box = $124

Calculation of the cost of direct labor No. of hours × Labor cost per hour = Total labor cost20 hours × $15 per hour = $300Calculation of the total manufacturing cost of Job A45

Direct materials cost + Direct labor cost = Total manufacturing cost of Job A45$124 + $300 = $424

Calculation of the manufacturing overhead Manufacturing overhead rate × Direct labor hours = Manufacturing overhead cost$5 per direct labor hour × 20 direct labor hours = $10

0Total cost of Job A45

Total manufacturing cost of Job A45 + Manufacturing overhead cost = Total cost of Job A45$424 + $100 = $524

Therefore, the total cost of Job A45 is $726.

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Honesty is an example of a value.

True
False

Answers

Answer:

True

Explanation:

Honesty is a value

:)

Answer: true, personally not sure if this is for edge or not

Explanation:

yeah

Jackie has been selling gold rings for $50 each. her cost for the rings was $25. she learns that another store on the other side of the mall sells gold rings for $40. what information should jackie consider before deciding if she should change her price?

Answers

When adjusting the price of an established product, Jackie should have knowledge of the pricing considerations and strategies

What are the different types of pricing strategies?

There are 4 types of pricing strategies as follows :

Premium pricing strategySkimming pricing strategyValue pricing strategyPenetration pricing strategy.

In the aforesaid scenario, Jackie will employ a value pricing approach, in which he will reduce the product's cost in order to attract buyers, hence increasing the product's perceived worth.

Thus,

Pricing strategies information should be considered before introducing any changes in the price of the product.

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normally companies sell stock for an amount that is

Answers

Answer:

Greater than the par value.

Explanation:

They typically sell shares for an amount that is great than the par value.

Maddie is creating a survey to determine student's favorite place to shop. This type of research is

Primary
Secondary
Media
Product

Answers

Answer:

Primary

Explanation:

Any survey is an example of a primary research.

The research by Maddie, who created a survey to determine students' favorite places to shop, is A. Primary research.

What is primary research?

Primary research depends on direct data and not on previous data collected by another researcher.

For example, Maddie's creation of a survey to determine students' favorite places to shop demonstrates primary research.

Thus, the research by Maddie, who created a survey to determine students' favorite places to shop, is Option A.

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What happens if the U.S. textile industry has high barriers to entry?
A. The textile industry creates blocked avenues to entry even with companies earning top profits.
B. The textile industry’s surviving companies earn a normal level of profit over the long run.
C. The textile industry’s amount of new firms eventually causes prices to drop.
D. The textile industry’s high profits will attract new firms to enter.c

Answers

When the US textile industry has high barriers to entry, the textile industry’s high profits will attract new firms to enter.  The correct answer is option d.

What are barriers to entry?

Barriers to entry refer to the hurdles that businesses must overcome in order to enter a market. It is said to be high when new businesses encounter significant difficulty entering an industry because of the presence of an established business already controlling a significant market share. Barriers to entry are determined by several factors, including: Capital requirements, Legal restrictions on competition, Market size, Economic policy and Investment in technology.

Existing brand loyalties are difficult to overcome, among other things. The result of high barriers to entry in the textile industry. When there are high barriers to entry in the US textile industry, the textile industry’s high profits will attract new firms to enter. Because of the high barriers, the industry will have fewer firms, and surviving companies will earn higher than normal profits over time. Consequently, new companies will begin to enter the industry in the long run in order to share the profits earned by the current players.

This will result in greater competition, with each firm vying for a greater share of the market by lowering their prices to attract customers. This, in turn, causes the price of textile products to fall. Companies will no longer earn high profits, but they will still earn a normal level of profit, and the industry will be more efficient as a result. This is what happens when there are high barriers to entry in the US textile industry.

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If you performed the role of the ________ in a buying center, you would be the person that has the power to prevent sellers or information from reaching other members of the buying center.

Answers

If you performed the role of the gatekeeper in a buying center, you would be the person that has the power to prevent sellers or information from reaching other members of the buying center.

Who is a gatekeeper in a buying center?

This is the term that is used to refer to the people that are in the buying center that have the ability of starting conversations. They are the ones that have certain job description ion the work place environment. They are the receptionists and the sales people.

Hence we can say that If you performed the role of the gatekeeper in a buying center, you would be the person that has the power to prevent sellers or information from reaching other members of the buying center.

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a list of the more specific information about what the food package contains is called

Answers

A list of the more specific information about what the food package contains is called a product label or ingredient list.

A product label or ingredient list provides detailed information about the contents of a food package. It typically includes a list of ingredients, nutritional information, allergen warnings, and any additional information required by regulations or consumer preferences. The ingredient list specifies the components used in the product, typically listed in descending order of their proportion within the food. This allows consumers to be aware of what they are consuming and make informed choices based on their dietary needs, preferences, or potential allergens.

The product label or ingredient list plays an important role in providing consumers with specific information about the contents of a food package, allowing them to make informed decisions about their purchases and dietary requirements.

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Why would a bank want to know your credit history for a loan?

Answers

Answer:

To confirm whether you have a good or bad credit risk.

Explanation:

Banks checks credit history to determine whether a loan be granted for a number of reasons, one of which is to confirm good or bad credit risk.

A credit history shows the record of credit usage , including the amount borrowed, how often repayment is made and what type of credit was requested.

Banks uses credit report from any of the three approved credit reporting agencies to check history of the credit hence determines the basis for approval or rejection of new loan being sought for.

A return type of______ is specified for a method that does not return a value. a) nothing b) null c) void d) None of the above.

Answers

A method that doesn't return a value is designated as having a return type of void. Here option C is the correct answer.

In programming, a method is a block of code that performs a specific task. The return type of a method indicates the type of value that the method returns after performing the task. If the method does not return a value, we specify its return type as "void". This means that the method does not produce any output that can be used in subsequent computations.

For example, consider a method that prints the sum of two numbers:

csharp

public void printSum(int a, int b) {

 int sum = a + b;

 System.out.println("The sum of " + a + " and " + b + " is " + sum);

}

This method does not return a value but instead prints the sum of two numbers to the console. We specify its return type as "void" to indicate that it does not produce any output that can be used in subsequent computations.

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50 POINTS

If (it) management does not "buy-in" to the plan, what might happen?


a. reduce confidence

b. nothing will change

c. increase confidence

d. management will be fired

Answers

Nothing will change. Upper management must enthusiastically pursue the plan and create a culture for employees to follow

Answer:

reduce confidence

Explanation:

i got it right on odyssey

which function relates to maintaining inventory?

Answers

Answer:

The production department is the unit tasked with ensuring that the business has a continuous flow of merchandise inventory. As selling activities are continuous, the production unit must keep up the pace by ensuring there is sufficient inventory for the sales team to sell.

a government bond with a coupon rate of 5% makes semiannual coupon payments on january 13 and july 13 of each year. the wall street journal reports the asked price for the bond on january 28 at $1,001.250. what is the invoice price of the bond? the coupon period has 182 days. (round your answer to 2 decimal places.)

Answers

The invoice price of the bond is the price at which the bond is originally issued. In this case, the invoice price of the bond is $1000.00.

To calculate the invoice price, the following formula is used:

Invoice price = (Face value + Coupon payment) / (1 + (Coupon rate / 2))

For this question, the face value of the bond is $1000. The coupon rate is 5%, and the coupon payment is $25. The coupon period has 182 days.

Using the formula above, the invoice price of the bond is:

Invoice price = ($1000 + $25) / (1 + (5% / 2))

Invoice price = $1000.00

Therefore, the invoice price of the bond is $1000.00. This is the original price at which the bond is issued.

When the Wall Street Journal reported the asked price for the bond at $1001.250 on January 28th, it was higher than the invoice price of the bond. This is because the bond was trading at a premium, and thus the asked price was higher than the invoice price.

This difference between the invoice price and the asked price is a result of the coupon period having 182 days. This means that the bond has been in circulation for a longer period of time, and the asked price reflects this by being slightly higher than the invoice price.

In conclusion, the invoice price of the bond is $1000.00. This is the original price at which the bond was issued, and the asked price of $1001.250 on January 28th is a result of the coupon period having 182 days.

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The Magnuson-Moss ______ Act directs manufacturers and sellers to detail the service coverage, terms, and exclusions on products.

Answers

Answer: Warrantly

directs manufacturers and sellers to detail the service coverage, terms, and exclusions on products.

Megha is a taekwondo expert who starts her own martial arts training academy. She conducts taekwondo classes for women and teaches them the art of self-defense. Megha can be regarded as a(n)

Answers

As Megha, who is a taekwondo expert that starts her own martial arts training academy, also conducts taekwondo classes for women and teaches them the art of self-defense, then, Megha can be regarded as an entrepreneur.

Who is an entrepreneur?

This refers to the individual that starts and runs a business with limited resources, planning and responsible for all the risks and rewards of their business venture. Their business idea often entails a new product or service rather than an existing business model.

Because of the features possessed by an entrepreneur, therefore, Megha can be regarded as an entrepreneur because of her taekwando classes.

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Jeffrey is having a busy day

Answers

Answer:

Tell Jeffery to take a nap

Explanation:

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