The correct option is (c) the variation in
New market segments emerge as the variation in demand changes.
How does the market segment work?A market segment is a collection of clients with similar tastes in an otherwise homogenous market. These clients could be made up of individuals, families, businesses, organizations, or a mix of different types.
A market segment is a collection of individuals who exhibit one or more common traits.Companies and marketing departments build target markets for their goods and services using a variety of factors.Homogeneity among the segment's primary needs, uniqueness, and a shared response to marketing strategies are requirements for a market segment.Market segments' responses to marketing plans or strategies are frequently quite predictable.Interests, lifestyle, age, and gender are typical market segment characteristics.To know more about market segments, visit:
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Identify which items belong on the income statement. multiple choice Accounts receivable, net income, and dividends Revenue, expenses and net income Cash, accounts receivable, and common stock Dividends, beginning retained earnings, ending retained earnings
Items that belong in the income statement include:
Revenue, expenses and net income The Income Statement Is used to calculate the total income earned by a company in a given period. Lists the revenue and expenses.The net income will then be calculated by deducting the expenses from the revenue.
In conclusion, the income statement shows revenue, expenses, and income.
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When janelle decided to buy a new computer, she thought about all the brands she could recall seeing advertised, but when she visited her local best buy, she limited her search to only those brands she would consider buying. the brands available at best buy represent janelle's set.
Situational influences are transient circumstances that have an impact on consumer behavior.They include tangible elements like a store's layout, buying areas, music, lighting, and even odors.Businesses work to improve the physical conditions that shoppers encounter.
What are the situational factors that could alter the consumer decision making at the time of purchase?The likelihood that someone will go through all six stages of the purchasing process is probably limited to specific circumstances, such as when purchasing a thing for the first time or when purchasing expensive, durable, infrequently used items.Complex decision-making is what is meant when this occurs. Which of the aforementioned purchases would consumers be most likely to make with limited problem-solving.A regular coffee drinker's typical purchase is generally coffee to go.But problem solving skills will likely be reduced as a result of college courses. Physical surroundings, social surroundings, temporal perspective, task description, and antecedent state are the five components that make up situational factors. There are four different forms of consumer behavior: complex buying behavior, dissonance reduction, variety seeking, and habitual buying behavior. Consumer decision-making can appear complicated, but all buyers follow the same fundamental stages to choose the goods and services that will best meet their needs.Whether purchasing something, especially when it's something substantial like a car, consider your own thought process. When acquiring high-involvement products, buyers don't exhibit routine response behavior.Instead, they participate in what is known as prolonged problem solving, spending a lot of time weighing various factors such product features, costs, and warranties.To learn more about decision making refer
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A person who is licensed to bring about real estate transaction for a fee, but who must do so only in the employment of a real estate broker
A person who is licensed to facilitate real estate transactions for a fee, but must do so only in the employment of a real estate broker, is known as a real estate salesperson or agent.
These individuals are trained and qualified to handle various aspects of property transactions, including property listing, marketing, negotiation, and closing processes. To become a real estate agent, one must first complete a state-approved pre-licensing education course and then pass a licensing exam.
After obtaining their license, agents must work under the supervision of a licensed real estate broker, who provides additional support, guidance, and oversight. Real estate agents play a vital role in connecting buyers and sellers, as well as tenants and landlords. They use their knowledge of local property markets, pricing strategies, and legal requirements to help clients navigate the complexities of real estate transactions.
In summary, a real estate agent is a licensed professional who assists in property transactions for a fee while working under the supervision of a real estate broker. They use their expertise to guide clients through the various stages of buying, selling, or renting properties, ensuring a smooth and successful outcome.
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Suppose that a flower nursery benefits from having a colony of bees located only a few miles away, because the presence of the insects greatly improves flower pollination. Lawyers for the two companies meet to draft a legal document specifying the number of bee hives the farm promises to maintain in exchange for payments to be made by the nursery. Which of the following private solutions resolving the externality of pollination took place in this scenario? Moral codes and social sanctions Contracts Integration of different types of businesses through merger or ac Charities
Contracts bind parties to their stated obligations by utilizing clear language to enable each party to understand its obligations in a deal, particularly in terms of payment and deadlines.
Define a Contract.As it is specified that both parties signed a legal instrument in the presence of attorneys with details on the payment terms, a contract serves as the private solution to the externality of pollination. Contracts bind parties to their stated obligations by utilizing clear language to enable each party to understand its obligations in a deal, particularly in terms of payment and deadlines. Additionally, contracts serve as insurance for both parties in the event that one party breaches an agreement and is subject to legal action.
The Coase theorem, which states that private individuals can only resolve the issues caused by externalities on their own when the interested parties can bargain without cost over the allocation of resources, states that private solutions to externalities sometimes do not work, especially when communications barriers or social customs are important enough relative to the potential gains involved. When this occurs, the private market will assist in addressing the issue of externalities and effectively allocating resources.
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How does a trade deficit occur?
Answer:
It is an economic condition that occurs when a country is importing more goods than it is exporting.
Explanation:
Answer:
It is an economic condition that occurs when a country is importing more goods than it is exporting.
Explanation:
Mohammad has just bought a new oven explain the opportunity cost to Mohammad
The opportunity cost of the Oven that Mohammed has just gotten are the other items that he could have spent this money on that he did not buy.
In economics, opportunity cost is also known as the foregone alternative. It is the loss of other alternatives due to the fact that one had to pick a different alternative.
Lets assume that Mohammad had only $100 but needed this new oven, a new shirt and a pair of sneakers and this amount can only get him one of these items.
Since Mohammad has gone ahead to buy the oven instead of the sneakers or shirt, the opportunity cost of getting the oven is the shirt and the sneakers that he did not buy.
This is because he would lose the benefits that he would have gained from using the items he did not buy.
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Pixson Company has a relevant range of 6,000 to 12,000 units, and practices just in time inventory management so the number of units produced is equal to the number of units sold. The Pixson Company's budgeted income statement for 2014 follows:
Sales (8,000 units)
$128,000
Direct materials
27,600
Direct labor
6,000
Variable overhead
16,800
Fixed Overhead
15,000
Fixed selling & administrative expenses
30,000
Net Income
$32,600
A flexible budget for 12,000 units would show net income of:
? 1.
$71,400
? 2.
$96,600
? 3.
$74,100
? 4.
$48,900
The net income for a flexible budget of 12,000 units would be 2. $96,600.
To calculate net income for a flexible budget of 12,000 units.
Since the number of units produced equals the number sold, sales will rise proportionally. For 12,000 units, sales would be:
Sales = (8,000 units x 12,000 units) = $192,000
The number of units produced directly affects direct materials, direct labor, and variable overhead costs. Thus, 12,000 units would cost the same as 8,000:
$27,600 for materials
$6,000 for labor
$16,800 overhead.
Fixed overhead and selling & administrative expenses stay within the relevant range regardless of production or sales. Therefore, they would remain unchanged:
Overhead = $15,000
Sales & administrative costs = $30,000.
Net income is sales minus total costs:
Sales minus (Direct materials + Direct labour + Variable overhead + Fixed overhead + Fixed selling & administrative expenditures) = $192,000 minus ($27,600 + $6,000 + $16,800 + $15,000 + $30,000) = $96,600.
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What does random access memory (RAM) store?
A. the basic input output system (BIOS) system that contains the instructions the computer needs to start up
B. media such as images and videos that a user does not currently need access to
C. the hardware that makes the computer run such as the central processing unit (CPU), motherboard, and cords
D. commonly used instructions such as the operating system or in-use programs
The processes stored by the Random Access Memory ( RAM ) is D. commonly used instructions such as the operating system or in-use programs.
What is the use of the Random Access Memory?The Random Access Memory ( RAM ) is a hardware component in the computer that is used to temporarily store the processes that the computer is currently running on. What this means is that the various things that you see on your computer screen such as the operating system, the movies and videos, the music, the antivirus, and even the calculator, are all stored on the Random Access Memory ( RAM ).
This means that the Random Access Memory ( RAM ) is very important in the functioning of a computer because without it, it would be difficult to run the programs being used. This is why when the Random Access Memory ( RAM ) is close to being filled up from too much usage, the computer slows down.
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does anyone know any good spells
Answer:
abra cadabra
Explanation:
Kerr Company's account balances at December 31 for Accounts Receivable and Allowance for Doubtful Accounts were $2,100,000 and $20,000 (Cr.), respectively. An aging of accounts receivable indicated that $170,000 are expected to become uncollectible. The amount of the adjusting entry for bad debts at December 31 is
Answer:
$150,000
Explanation:
Calculation to determine what The amount of the adjusting entry for bad debts at December 31 is
Using this formula
Bad debts=Accounts receivable-Allowance for Doubtful Accounts
Let plug in the formula
Bad debts=$170,000-$20,000
Bad debts=$150,000
Therefore The amount of the adjusting entry for bad debts at December 31 is $150,000
Explain why collaboration information systems (is) are important from the organization’s perspective?
Collaboration information systems (IS) are important from an organization's perspective because they facilitate effective communication, teamwork, and knowledge sharing among employees.
Enhanced Communication: Collaboration IS provide various communication tools such as instant messaging, video conferencing, and email that enable employees to interact and exchange information in real-time. This improves communication efficiency, reduces misunderstandings, and promotes faster decision-making.
Teamwork and Collaboration: Collaboration IS support teamwork by allowing employees to collaborate on projects, share documents, and collectively work towards common goals. These systems enable multiple team members to contribute, edit, and review documents simultaneously, fostering collaboration and synergy among team members.
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Disadvantages of choosing a job that is extremely popular or in demand
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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Before Mohammad and Fatima seek help from their tax professional, they have to total the income they earned in the past year. They have to include all of their investment dividends and any income they earned from their jobs. What information does this BEST represent? their taxable income their adjusted gross income their gross income their inheritance income
Answer: their gross income
Explanation:
Since Mohammad and Fatima have to total the income they earned in the past year and include all of their investment dividends and any income they earned from their jobs. This is their gross income.
Gross income for an individual is made up of the income that is gotten from wages and salary and other ways the individual makes income like dividends, interest, pensions, and rental income.
Answer:
The gross income (3
Explanation:
1992 accounts receivable was $35 million
1993 cash collections was $190 million
December 1992 DSO was 54 days;
December 1992 Revenue was $25 million
Days in December = 30
What is sales?
What is ending AR?
To calculate the sales and ending accounts receivable (AR), we can use the Days Sales Outstanding (DSO) formula:
DSO = (Ending AR / Average Daily Sales) * Days in Period
First, let's calculate the average daily sales for December 1992:
Average Daily Sales = December 1992 Revenue / Days in December
Average Daily Sales = $25 million / 30 days
Average Daily Sales = $0.833 million per day
Now, we can calculate the sales for the period using the cash collections:
Sales = Cash Collections + Ending AR - Beginning AR
Sales = $190 million + Ending AR - $35 million
We need one more equation to solve for Ending AR. The equation we will use is the DSO formula:
DSO = (Ending AR / Average Daily Sales) * Days in Period
Rearranging the formula to solve for Ending AR:
Ending AR = (DSO / Days in Period) * Average Daily Sales
Let's substitute the given values:
Ending AR = (54 days / 30 days) * $0.833 million per day
Ending AR = 1.8 * $0.833 million
Ending AR ≈ $1.5 million
Now, we can solve for Sales:
Sales = $190 million + $1.5 million - $35 million
Sales = $191.5 million - $35 million
Sales ≈ $156.5 million
Therefore, the estimated sales for the period is approximately $156.5 million, and the ending accounts receivable is approximately $1.5 million.
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the umbrella term that refers to the marketing of goods or services using digital mediums, such as e-mail, websites, search engines, and social media platforms is
The umbrella term that refers to the marketing of goods or services using digital mediums is known as digital marketing. This term encompasses a wide range of activities that businesses undertake to promote their products or services online.
Digital marketing channels include email marketing, social media marketing, search engine optimization (SEO), pay-per-click (PPC) advertising, content marketing, mobile marketing, and more. Each of these channels offers businesses unique opportunities to reach and engage with their target audience, build brand awareness, and drive sales.
Digital marketing has become an essential part of the modern business landscape. With the proliferation of mobile devices and the increasing importance of the internet in our daily lives, digital marketing has become an indispensable tool for businesses of all sizes.
One of the key advantages of digital marketing is its ability to deliver measurable results. Businesses can track the performance of their marketing campaigns in real-time, allowing them to make data-driven decisions and optimize their strategies for better results.
Overall, digital marketing is a powerful and constantly evolving field that offers businesses new opportunities to connect with their customers and grow their business. By leveraging the latest digital marketing techniques, businesses can reach new audiences, increase customer engagement, and drive growth and profitability.
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The umbrella term is "digital marketing." It encompasses various techniques and strategies that utilize digital channels to reach and engage with target audiences, promote products or services, and achieve business objectives.
Digital marketing refers to the use of digital channels to promote products, services, or brands. It involves various techniques such as search engine optimization (SEO), social media marketing, email marketing, content marketing, and more. Digital marketing allows businesses to reach their target audiences, interact with them, and build lasting relationships. One of the key benefits of digital marketing is its ability to measure and track campaign performance. This allows businesses to optimize their strategies for better results, making it an efficient and cost-effective way to promote products and services. Overall, digital marketing has become an essential part of modern business, as more consumers are using digital channels to research and purchase products or services. By leveraging digital channels, businesses can effectively reach and engage with their target audiences, drive conversions, and ultimately achieve their marketing and business goals.
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there is no right or wrong answer
How do you define marketing? What are the four foundations of marketing and how do they fit into your definition? Based on your definition of marketing, what purpose does marketing have in the free enterprise system? Explain and provide a concrete example.
Explanation:
Marketing is profitably using the results of studying short term and long term needs of those who can pay for a one-time, or in most cases, a steady flow of service or product placement. In 2017 The New York Times described it as "the art of telling stories so enthralling that people lose track of their wallets.[1]
It is one of the primary components of business management and commerce.[2] Marketers can direct their product to other businesses (B2B marketing) or directly to consumers (B2C marketing).[3] Regardless of who is being marketed to, several factors apply, including the perspective the marketers will use. Known as market orientations, they determine how marketers will approach the planning stage of marketing.[4]
The marketing mix, which outlines the specifics of the product and how it will be sold,[5][6] is affected by the environment surrounding the product,[7] the results of marketing research and market research,[8][9] and the characteristics of the product's target market.[10] Once these factors are determined, marketers must then decide what methods will be used to promote the product,[3] including use of coupons and other price inducements.[11]
The term marketing, what is commonly known as attracting customers, incorporates knowledge gained by studying the management of exchange relationships[12][13] and is the business process of identifying, anticipating and satisfying customers' needs and wants.
Answer:
The free-market systems bring both of these because it allows us to make our own economic decisions as individuals. In the beginning, when some countries gained ground in the time that others had only just started, the free market wasn’t free.
I appreciate the fact that we have the freedom to come up with new ideas for consumers. A free-market economy is self-regulating and responds efficaciously to rapidly changing conditions.
compare the various modes of transportation. which one has a low cost and very high capacity, but is slow in delivery?
The various modes of transportation include road, rail, air, and water.
Road transportation is commonly used for short distances and is relatively fast and flexible, but it can be expensive for long distances due to fuel costs and maintenance.
Rail transportation is often used for transporting goods over long distances and has a high capacity, but it can be slow and inflexible in terms of delivery times.
Air transportation is fast and flexible, making it suitable for long distances and urgent deliveries, but it is expensive and has limited capacity.
Water transportation is primarily used for transporting goods over long distances, particularly for bulk cargo, and is generally the most cost-effective mode of transportation. However, it can be slow in terms of delivery times.
Based on the above, the mode of transportation that has a low cost and very high capacity but is slow in delivery is water transportation.
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The process of controlling and making decisions about a business is called:
O Leadership
O Management
O Administration
Answer:
B. Management.
Explanation:
Management can be defined as the process of controlling and making decisions about a business.
The management comprises of top executives, board of directors or managers who generally control the affairs of a business firm or company.
Basically, they are saddled with the responsibility of defining the policies, set of rules, standards, and procedures so as to preserve or protect the company's assets, boost efficiency, enhance financial accountability, and prevent fraudulent behaviors among the employees.
Also, the decision-making process or responsibilities is essentially vested on the management of a business. Therefore, the management is typically responsible for the success, growth and development of their business.
Enterprises that provide goods or services to, or receive them from my training institution or organization
Answer:
Enterprise is another word for a for-profit business or company, but it is most often associated with entrepreneurial ventures. People who have entrepreneurial success are often referred to as “enterprising.” There are many forms of legal enterprises, with the most common in the U.S.
Why do you have to dispose waste products according occupational health and safety practices
Answer:
Hazardous wastes can cause harm to the environment.
Explanation:
Studies have shown that improper disposal of hazardous waste can even affect humans via drinking water and food consumption. If a hazardous waste is not properly disposed, it can easily enter the environment at an undesirable rate.
a main purpose of american economic aid to western europe after world war ii was to
Following World War II, the purpose goal of American economic assistance to Western Europe was to assist in the reconstruction and stabilisation of the economy of the continent's war-devastated nations.
The term "purpose" describes the rationale or aim behind a certain course of action or choice. The goal of American economic assistance to Western Europe following World War II was to aid in the reconstruction and stabilisation of the continent's war-devastated economy. The primary objectives were to "purpose" political and economic democracy in the area and to combat the communist movement's expanding influence. The Marshall Plan's assistance aimed to develop the global economy, foster a free and open society, and provide secure markets for American exports. The Marshall Plan's goals were substantially met, and it continues to serve as a model for effective international assistance and
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Four ways in which schools could promote entrepreneurship as a viable option to counteract unemployment
Answer:
Entrepreneurship is an important alternative to counteract unemployment. It not only gives provides employment to the entrepreneur but also provides jobs to others as well.
Explanation:
Entrepreneurship may be defined as the setting up of a business or a work looking out for making profit dealing with the risks and the challenges on its own.
Four ways in which the school can promote entrepreneurship as a viable option to counteract unemployment are :
build awareness and promote entrepreneurship among the students.Provide the benefits of being an entrepreneur and showing them the possibilities of setting up a business that can even provide jobs to others.Providing with valuable ideas and guidance regarding setting up a business and giving an overview of the current market trends and market study.Helping the students reach out to other entrepreneurs and also providing ways to get any financial aid to set up a business.Four Ways through which Schools can promote Entrepreneurship include the following
Creation of entrepreneurship centres to provide consulting to non-profits and small businesses.Awareness creation through seminars and lectures on the importance of entrepreneurship as an alternative to paid employment. Host entrepreneurship contests where incentives are given.Inviting influential and professional entrepreneurs to give lectures.What is Entrepreneurship ?Entrepreneurship is defined as the process of starting up a business, and taking up the responsibility of financial risk with the hope of making profit.
Entrepreneurship is a potent means of reducing unemployment to the lowest minimum.
Entrepreneurship brings about creativity and as such value is created which leads to more wealth.
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Sharon is opening a new pizza restaurant that will use a combination of workers and ovens to produce pizzas. Sharon knows from experience that the total number of pizzas she can produce in an hour is given by the function q=4K0.5L0.5 , where q is the number of pizzas per hour, K is the number of ovens, and L is the number of workers. Suppose another pizza restaurant in the same town can produce 19 pizzas per hour. Being an extremely competitive person, Sharon wants to produce 20 pizzas per hour. Therefore, his total hourly cost function is given by ____
Answer:
Q+X = [4K^1/2L^1/2] + X
Explanation:
L = labour = workers
K = capital = ovens
You don't have the exact value of Q since the values of K and L are not given.
You should however note that Q is less than or equal to 19 pizzas/hour, since Sharon sought to stretch his capacity by producing up to 20 pizzas/hour owing to the presence of a competitor.
Assuming the distance/difference between 20 and Q is X (a positive number).
Sharon's new hourly cost function will be:
\(Q+X = [4K^1/2L^1/2] + X\)
Q+X = 20 and the law of mathematics states that whatever you add to the left hand side must be added to the right hand side, hence the addition of X to both sides of the equation instead of the left hand side alone.
The function can now be rewritten as 20 = [4K^1/2L^1/2] + X
where X = 20 - Q
What choreographer is known for creating dances that employed the use of repetition?
Lucinda Childs is one of those special, stubbornly focused choreographers who knows how to work the power of repetition.
What is repetition choreography?
An artistic technique in which a movement or motif is repeated exactly for emphasis or to pique interest.
Why do choreographers use repetition?
Repetition can help you emphasize and reinforce the themes running through your dance as well as draw attention to key elements like a poignant sequence, a floor pattern, or even a gesture.
What is a choreographed dance with repeating sequence steps?
A line dance is a choreographed dance in which a group of individuals are arranged in one or more lines or rows and dance to a repeated series of moves. These lines frequently face one another or, less frequently, all in the same direction.
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What is the purpose of advertising?
To make people want the things they do not have.
To expand the marketplace to a wider audience.
To explain to people the cost and risks of owning products.
To allow people to make choices about what is available.
It should be noted that the purpose of advertising is to expand the marketplace to a wider audience.
Advertising can be regarded as marketing strategy that is been utilized by organization and firms to promote their products and services.
It involves using media and other means to make the public aware about the products or services.
We can conclude that advertising is done on the purpose of making marketplace to a wider audience so that more people can patronize.
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Answer: To make people want the things they do not have.
Explanation:
The purpose of advertising is to make people want things they don’t have
perfectly competitive market in long run equilibrium. if demand decreases, we can be certain that price will
Answer:
fall in the short run. all, some, or no firms will shut down, and some of them will exit the industry. price will then rise to reach the new long-run
Cost of the asset: $100,000. Cost of the asset – Estimated salvage value: $100,000 – $20,000 = $80,000 total depreciable cost. Useful life of the asset: 5 years. Divide step (2) by step (3): $80,000 / 5 years = $16,000 annual depreciation amount
Depreciation is the process of allocating the cost of a tangible asset over its useful life. In this example, the asset has a cost of $100,000 and an estimated salvage value of $20,000.
This means that the total depreciable cost of the asset is $80,000 ($100,000 - $20,000).
The useful life of the asset is estimated to be 5 years. To calculate the annual depreciation amount, we need to divide the total depreciable cost by the useful life of the asset. Therefore, the annual depreciation amount would be $16,000 ($80,000 / 5 years).
This means that the company can deduct $16,000 from its taxable income each year for the next five years to account for the cost of the economy asset. The salvage value of $20,000 represents the estimated amount that the company will receive for the asset at the end of its useful life. This salvage value will reduce the amount of depreciation expense that the company can claim in the final year of the asset's useful life.
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The difference between a revenue or cost item in the planning budget and the same item in the flexible budget at the actual level of activity is a(n) ______ variance.
When there is a difference between an item in the planning budget and the flexible budget, this is an activity variance.
What is an activity variance?This is when items in the flexible budget and the planning budget are different based on the actual level of activity that the company saw as opposed to the planned level.
As this difference arises because of a difference in activity, it is labeled the activity variance.
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three managers of the magic potion company are discussing a possible increase in production. each suggests a way to make this decision. harry: we should examine whether our company’s productivity – gallons of potion per worker – would rise or fall. ron: we should examine whether our average cost – cost per worker – would rise or fall. hermione: we should examine whether the extra revenue from selling the additional potion would be greater or smaller than the extra costs. who do you think is right? why?
Answer:
harry
Explanation:
because he is thinking of the productivity of workers first