Answer: (B) Competitor-oriented
Explanation:
The competitor-oriented pricing is one of the type of pricing strategy in which the other manufacture prices is basically determine by the most powerful competitor price that they sold the product in the market. It is also known as the competitor based pricing strategy.
This type of pricing strategy basically focusing on the information or data collected from the market instead of actual production cost of the product and the perceived value of the product.
- The main advantage of the competitor-oriented pricing strategy is that they usually avoid the competition of the price that damage the organization.
Therefore, Ursula is using the competition-oriented pricing strategy.
Answer:
Explanation:
department 1 transferred cost to department 2:
=$75000+$100000+$125000+$150000-$60000
=$390000
department 2 transferred cost to department 3 is:
=$75000+$50000+$60000+$70000+$390000-$60000
=$585000
journal entry to record the flow of costs into department 3 :
Dr work in process depatment 3 $585,000
Cr work in process department 2 $585,000
<span>For the answer to the question above, the $25,000 due in 90 days.
I'll use 365 days per year. 10% simple discount:
25000*0.10(90/365) = 616.44
Cash in hand at the beginning of the 90 days:
25000 - 616.44 = 24,383.56
Solve for r: 616.44 = 24383.56*r*(90/365)
r = 0.10252837 or the nearest answer is letter <span>C. 10.26%
It is not exact because maybe he rounded off the </span></span>24383.56
18 ticket takers should Madge hire, if Madge is the manager at a sports arena that draws an average 3,500 patrons per event and each ticket taker can process 200 event-goers per event.
Explanation:
The given is,
Madge is the manager at sports arena
3,500 patrons per event
Ticket takers can process 200 event-goers per event
Step: 1
Let, x - No. of ticket takers
Formula to calculate ticket takers,
Substitute the values,
= 17.5
x ≅ 18 ticket takers
Madge should hire 18 ticket takers.
Result:
18 ticket takers should Madge hire, if Madge is the manager at a sports arena that draws an average 3,500 patrons per event and each ticket taker can process 200 event-goers per event.