Controllable costs Study guides, Class notes & Summaries

Test Bank For Entrepreneurship: The Practice and Mindset 1st Edition by Heidi M. Neck Christopher P. Neck ,Emma L. Murray Chapter 1: Entrepreneurship: A Global Social MovementTest Bank Multiple Choice 1. The authors define entrepreneurship as . a. a discipline that seeks to understand how opportunities are discovered, created, and exploited, by whom, and with what consequences b. starting a small business by finding investors and launching a product c. developing a new market by crea...

marketing - Answer-a group of activities designed to expedite transactions by creating, distributing, pricing, and promoting goods, services, and ideas exchange - Answer-the act of giving up one thing ($, credit, labor, goods) in return for something else (goods, services, or ideas) marketing activities - Answer-buying, selling, transporting, storing, grading, financing, marketing, research, risk-taking value - Answer-A customer's subjective assessment of benefits relative to costs in dete...

MAC3701 Assignment 2 Semester 2 2023 (Answers) QUESTION 1 (100 Marks) EnerFizzCo Drinks Ltd (“EnerFizzCo”), situated in Dersley in the Gauteng Province, is one of the leading energy drink and effervescent tablet manufacturers in the East rand operating in a fiercely competitive market. The company operates two divisions namely the Drink division (DrinkD) and the Tablet division (TabletD). EnerFizzCo’s head office makes all the long-term borrowings decisions and allocates corpor...

MAC3701 Assignment 2 (DETAILED ANSWERS) Semester 2 2023 - DUE 11 September 2023 100% TRUSTED workings, explanations and solutions. For assistance call or Whatsapp us on +25477 954 0132 . QUESTION 1 (continued) REQUIRED For each question below, remember to: • Clearly show all your calculations in detail; • Where necessary, indicate irrelevant amounts/adjustments with an R0 (nil-value); • Round all your workings to two decimals, except where otherwise stated; and • Ignore all ...

Revenue Management Final Exam | Latest 2023 with complete solution What is the industry term used to describe the sum of prices paid by a business's customers? - Total Revenues Historically, what concept have hospitality managers chiefly used to calculate their selling prices? - Costs What is an algebraic equivalent of the formula: Sales = Costs + Profit? - Profit = Sales - Costs What is the name for the net value achieved by both parties in a business transaction? - Profit What elem...

what is the industry term used to describe the sum of prices paid by a business's customers? -daily receipts -profit -profits less expenses -total revenues -total revenues historically, what concept have hospitality managers chiefly used to calculate their selling prices? -income -revenue -costs -profits -costs what is an algebraic equivalent of the formula: sales=costs+profit? -profit=sales-costs -costs=sales+profits -costs=profit-sales -prof...

Test Bank for Marketing, 20th Edition, William M. Pride, O. C. Ferrell   True / False 1. Marketing consists primarily of selling and advertising. a. True b. False ANSWER: False 2. The broadest and simplest definition of marketing states that it is the development and efficient distribution of products for consumer segments. a. True b. False ANSWER: False 3. Customers are the focal point of all marketing activities. a. True b. False ANSWER: Tru...

WGU D196 Objective Assessment Prep (Latest 2024/ 2025 Update) Principles of Financial and Managerial Accounting- Questions and Verified Answers| 100% Correct| Grade A Q: Which of the following is not an example of a cost driver? a. Miles driven b. Selling costs c. Machine hours d. Number of customers Answer: b Q: Which item is a period cost? Manufacturing supplies Overhead directly tied to the production facility Raw materials Marketing expense Answer: d Q: ...

WGU D196 Exam Questions with Correct Answers Which group represents the primary users of managerial accounting information? a. Bankers b. Public stockholders c. customers d. Managers - Answer-d Which type of business purchases finished goods for resale? a. Merchandising b. Non profit c. Manufacturing d. Service - Answer-a Which types of costs does a merchandiser have? a. Both product and period costs b. Merchandisers have both product and period costs c. Product costs only d. ...

What is the industry term used to describe the sum of prices paid by a business's customers? - Answer-total revenues Historically, what concept have hospitality managers chiefly used to calculate their selling prices? - Answer-costs What is an algebraic equivalent of the formula: Sales = Costs + Profit? - Answer-profit=sales-costs What is the name for the net value achieved by both parties in a business transaction? - Answerprofit What element is not present in a barter economy? - Answer-...

MAC3701 Assignment 2 Semester 1 2023 Answers, guidelines, workings and references .......................................... QUESTION 1 (100 Marks) BevSoft Drinks Ltd (“BevSoft”), situated near Springs in the Gauteng Province, is one of the leading energy drink and effervescent tablet manufacturers in the East rand operating in a fiercely competitive market. The company operates two divisions namely the Energy drink division (EDD) and the Effervescent tablet division (ETD). BevSoft’s h...