Answer:
Target costing
Explanation:
Target costing is a demand-based pricing strategy in which the budget is determined based on a target cost that is stablished according to the customer's willingness to pay. The cost of production added to the desired profit margin should not surpass the customer's willingness to pay in order for this method to be applied.
Answer:
Jan's Bakery and Tina Cookies
Total Average Cost for the merged firm
= ($300,000 + $75,000)/2
= $187,500
Explanation:
The total average cost for Jan's Bakery and Tina's Cookies is the average of their total operating costs. This is obtained by adding $300,000 to $75,000 and then dividing by 2.
Though, in practical terms, the presence of some synergies will cut some of the operating costs off, especially such costs as rent, advertising, and some other administrative costs. Some selling costs will also be eliminated when the merger goes through.
Answer:
The retained earnings of Amos company for the year ended 31st December 2017 is $1,016,400.00
Explanation:
In calculating retained earnings for 2017, I began with prior year retained earnings of $866,000,deducted depreciation net of taxes not recorded previously.
After,having adjusted retained earnings for prior year, I added net income for the year 2017 of $216,000
Finally,I deducted dividends paid during 2017 of $25000 to arrive at closing retained earnings for 2017 as shown in the attached.
Answer:
The eBay website provides a platform for the small business to grow and do business using their sites.
Explanation:
eBay is a multinational e-commerce company situated on California. The company sells goods and items that is registered on its site.
Recently eBay, the e-commerce giant has pledge a 100 million dollar to support and help the small business of America. For this eBay is :
- eBay is providing the new businesses in America a free of cost basic eBay store for a period of three months.
- It is waiving off the fees for selling products for up to 500 sold products on eBay websites.
- It will provide marketing as well as the merchandising tools, the discounted shipping supplies and the customization features so that the businesses can help build their brands.
<span>Under agency law, Michelle can work as Kim's agent in the purchase of the contract. Kim would be the principle under the contract, Michelle would be the agent, and the gallery would be the 3rd party. Kim needs to authorize Michelle to complete a contract on his behalf and he will in turn be bound, just as the gallery will be bound.</span>