BUSINESS HIGH SCHOOL

_____ offer goods to business customers. These business customers are too small to merit a sales call from the distributor s representative. Answera. Five and dime wholesalers
b. Merchant wholesalers
c. Truck jobbers
d. Cash and carry wholesalers

Answers

Answer 1
Answer: The answer is D. Cash and carry wholesalers

This type of business usually doesn't need to make any sales call because customers usually come, pay, and carry the product by themselves

Example of cash and carry wholesalers : Walmart , Carefour, Lotte, 

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the following information describes a company's usage of direct labor in a recent period. the direct labor efficiency variance is: actual hours used 48,000 actual rate per hour$15.00 standard rate per hour$14.00 standard hours for units produced 50,000 multiple choice$48,000 unfavorable.$28,000 unfavorable.$28,000 favorable.$20,000 unfavorable.$48,000 favorable.

Answers

the direct labor efficiency variance by subtracting the standard hours for units produced (50,000) from the actual hours used (48,000) and multiplying that by the standard rate per hour ($14.00). This gives us a result of $28,000 unfavorable. The correct option B) $28,000 unfavorable

The direct labor efficiency variance measures the difference between the actual hours used and the standard hours that should have been used based on the units produced.

In this case, the actual hours used were less than the standard hours for units produced, which may indicate that the company was not using its labor resources efficiently. Additionally, the actual rate per hour was higher than the standard rate per hour, which could be a contributing factor to the unfavorable variance.

A favorable variance indicates that the company is using its labor resources efficiently and/or paying a lower rate per hour than expected. On the other hand, an unfavorable variance suggests that the company is not using its labor resources efficiently and/or paying a higher rate per hour than expected.

In this case, the $28,000 unfavorable variance implies that the company needs to improve its labor efficiency and/or negotiate better rates with its employees. Therefore, The correct option B) $28,000 unfavorable

To learn more about efficiency variance here:

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complete question

the following information describes a company's usage of direct labor in a recent period. the direct labor efficiency variance is: actual hours used 48,000 actual rate per hour$15.00 standard rate per hour$14.00 standard hours for units produced 50,000 multiple choice A) $48,000 unfavorable. B) $28,000 unfavorable. C) $28,000 favorable. D) $20,000 unfavorable. E) $48,000 favorable.

Describe an example of a product that has highly elastic demand. Describe at least two factors that make this product's demand so elastic.

Answers

A good or service is said to be highly elastic if there is a a slight change in price this will cause a  sharp change in the quantity. Usually these kinds of products are readily available in the market - example is jewelry. lottery ticket
 The factors are - The govt that propose a law that is in favor of the industry
availability of substitutes
hope it helps

ANSWER: GOLD JEWELERY

EXPLANATION: Gold Jewelery is a classic example of a product with highly elastic demand. Consumers often tend to sway away to substitute products or postpone buying the gold jewelery if the price increases by a very small amount.

Two factors which makes the product's demand so elastic are:

a. AVAILABILITY OF SUBSTITUTES: People often tend to shift to substitute products when the price of the product increases. For example, for Gold Jewelery, people often tend to shift to jewelery which are artificial in nature or are made up of comparatively cheaper metals like silver.

b. INCOME LEVEL: Income level of the consumer plays a very important role in the market. Buying Gold jewelery after price hike for a person who earns $1000 a month maybe a trouble but for someone who earns as handsome as $10,000 a month may not be burden.

Why are rainforests important to the pharmaceutical industry?A.
Many ingredients in important drugs come from plants discovered in the rainforest.
B.
Animals in the rainforest are important for testing drug safety.
C.
Water harvested from the forest soil contains cancer-fighting elements.
D.
Insects carry diseases, such as the flu, which can be used to develop vaccines.

Answers

I think the best option is A. Many of the ingredients in important drugs come from plants discovered in the rainforest since these places are full of varying plant species that might contain substances that are beneficial to human health. There still thousands of plants in rainforest that are to be studied and research on the potential of helping the pharmaceutical industries.

Answer    igot a 100 on the test it a

Explanation:

A budget is in what state when more is collected than spent?a. surplus
b. deficit
c. balanced
d. equalized

Answers

You have a surplus when more funds are collected than going out.

Which of the following would not be considered by a family owned business in their process of deciding to decide?

Answers

A family owned business will consider the budget, profit, goal of the business, status of the business, among others. Although this business might have a difficulty considering the welfare of their employees when deciding an important deal. They will have a difficulty empathizing with their employees since they are more focus on their business than their people. 

Changes in the value of a firm's stocks and bonds offer important information for a firm's managers. If the price is increasing investors are _______ and are providing information that indicates the firm's managers might want to _________ the business. a) more optimistic, expand b) more optimistic, contract c) more pessimistic, contract d) more pessimistic, expand

Answers

Answer: Option A

Explanation: In simple words, firms stock refers to the securities that a company has issued for gaining funds for operations. Prices of such securities are highly fluctuating and changes as per the prospects and existing economical conditions.

A rise in prices of the stock indicates that the returns for the stock will be going to increase in future and thus can happen only if the investors are expecting high profits in coming period.

An expansion of business opens new opportunities for the firm in market and increasing their profits proportionately leading to increase in stock prices.

Hence the correct option is A .

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