for caterpillar, a tractor and farm equipment manufacturer, spark plugs to be installed in the tractors it builds would be classified on the balance sheet as

Kevin accepts the disadvantages of sending news releases to media outlets because the free publicity it generates provides an advantage.

Despite knowing that the media may release the information at inopportune times or cut out important points, Kevin understands that the exposure gained through media coverage is valuable for the company's brand and can lead to increased awareness and sales.

                                      In order to mitigate the risk of important information being cut, Kevin may choose to emphasize key points in the release or follow up with media outlets to ensure they have all the necessary information. Overall, the benefits of free publicity outweigh the potential drawbacks for Kevin and his company.
                                   Free publicity offers the advantage of reaching a wide audience without incurring any costs for advertising or promotions.

                                  This helps Kevin's company save money on marketing expenses while still creating awareness about their new product offering.

Learn more about media

brainly.com/question/31359859

#SPJ11

The Bureau of Economics (BE) is the division of the Federal Trade Commission (FTC) that analyzes the impact of government regulation on competition and consumers.

The BE is responsible for conducting economic research, developing economic policy, and providing economic analysis and expertise to support the FTC's enforcement and rulemaking activities. The BE also provides guidance and advice to other government agencies on issues related to competition, consumer protection, and the regulation of markets. The BE's work is critical in ensuring that government policies and regulations are based on sound economic principles and do not harm competition or consumers. The BE's research and analysis help to identify and address potential anticompetitive practices, promote innovation and efficiency, and protect consumers from deceptive or unfair business practices. In summary, the BE plays a crucial role in promoting competition and protecting consumers in the United States by providing rigorous economic analysis and policy recommendations to the FTC and other government agencies.

Learn more about consumers here

https://brainly.com/question/380037

#SPJ11

Situation questions are used early in a sales call and provide salespeople with leads to develop a buyer's needs and expectations fully. True

Situation questions are used early in a sales call to gather information and identify the buyer's needs and expectations. They are designed to provide the salesperson with an understanding of the buyer's current situation, including their needs, challenges, and goals.

By asking situation questions, the salesperson can gain valuable insights into the buyer's needs and expectations, and use this information to develop a customized solution that meets their specific requirements. Ultimately, the goal of asking situation questions is to establish a strong foundation for the sales conversation and build rapport with the buyer.

Learn more about sales call

https://brainly.com/question/16252679

#SPJ4

To determine the direct materials per unit, we need to divide the total direct materials pounds required for production by the number of units to be produced.

First, we can calculate the direct materials pounds per unit by dividing the total direct materials pounds required for production by the number of units to be produced:

Direct materials pounds per unit = Direct materials pounds required for production / Units to be produced

Direct materials pounds per unit = 9800 / 4000

Direct materials pounds per unit = 2.45 pounds per unit

Next, we can use the direct materials pounds per unit to calculate the direct materials cost per unit, assuming we have information about the cost per pound of direct materials:

Direct materials cost per unit = Direct materials pounds per unit x Cost per pound of direct materials

Without information about the cost per pound of direct materials, we cannot determine the direct materials cost per unit. However, we now know that the direct materials pounds required for production and the direct materials pounds to be purchased are not the same, indicating that some materials may be carried over to future periods or used for other purposes.

For such more questions on Production:

https://brainly.com/question/4978509

#SPJ11

After 40 years, the engineer whose starting salary is $75,000, with annual raises of 2%,  will have saved approximately $1,290,825.43 for retirement.

To determine how much the young engineer will have saved for retirement after 40 years, we'll consider the salary growth, annual deposits, and investment account interest.

The starting salary is $75,000, with annual raises of 2%. The engineer will deposit 15% of the annual salary into an investment account that averages 6% interest.

To calculate the annual deposits, multiply the salary by the deposit percentage (15%):
$75,000 x 0.15 = $11,250 (initial deposit)

The future value of a growing annuity formula can be used to calculate the retirement savings:
FVGA = (PMT * (((1 + r)^n - (1 + g)^n) / (r - g))), where PMT is the initial deposit, r is the interest rate, g is the salary growth rate, and n is the number of years.

Plugging in the values, we get:
FVGA = ($11,250 * (((1 + 0.06)^40 - (1 + 0.02)^40) / (0.06 - 0.02)))
FVGA = $1,290,825.43

After 40 years, the engineer will have saved approximately $1,290,825.43 for retirement.

To know more about retirement refer here:

https://brainly.com/question/31284848#

#SPJ11

The Federal Reserve could take a few actions that could potentially encourage first-time home buyers to make housing purchases.

One option is to lower interest rates, which would make mortgages more affordable and attractive to potential buyers. This could also stimulate the housing market as a whole, as people may be more inclined to purchase or refinance homes. Another option is for the Fed to increase the money supply, which could lead to inflation and a decrease in the value of the dollar. This could make homes relatively more affordable, as the cost of goods and services increases. Additionally, the Fed could engage in quantitative easing, which involves purchasing mortgage-backed securities from banks to increase the availability of credit and make mortgages more accessible to first-time home buyers. Overall, any actions taken by the Fed would need to be balanced with the potential risks and benefits to the overall economy.

To learn more about purchase, visit:

https://brainly.com/question/30075955

#SPJ11

Determining the availability of required information is an essential part of the eligibility verification process in the reimbursement process

Reimbursement is an important process for healthcare professionals because it allows them to be paid for the services they deliver to patients. This procedure entails submitting claims to insurance companies or government payers, who then analyse the claims to assess eligibility for reimbursement.

One critical part of the reimbursement process is establishing if the necessary information to process the claim is accessible. This step is part of the eligibility verification procedure. Prior to processing a claim, it is required to confirm that the patient is eligible for coverage and that the services supplied are covered by the patient's insurance plan.

If the necessary information is not available, the claim may be rejected or delayed, resulting in a delay in payment for services rendered. To avoid this, healthcare practitioners must make certain that they have access to the essential information prior to submitting claims.

For such more question on reimbursement:

https://brainly.com/question/30204733

#SPJ11

The difference in information between borrowers and lenders about an investment project is known as information asymmetry. Borrowers typically have better information about the project because they are the ones who have conceived the idea, analyzed the market, and prepared the project proposal. They have an intimate understanding of the project's details and potential risks and returns.

This information asymmetry creates a problem in the lending process because lenders are at a disadvantage. They cannot make informed decisions about whether to fund a project without knowing its true risks and potential returns. Borrowers may be tempted to hide or downplay risks to secure funding, while lenders may be skeptical of the borrowers' projections.

To address this problem, lenders may require borrowers to disclose more information about their project, such as detailed financial statements, market analysis reports, or expert opinions. They may also require collateral or guarantees to protect themselves in case the project fails to meet its targets. By obtaining more information and mitigating risks, lenders can make more informed decisions and protect themselves from potential losses.

For more such questions on investment

https://brainly.com/question/29547577

#SPJ11

You would need to invest $27,209.80 today to have $20,000 in four years at an interest rate of 8%.

To calculate the amount you would have to invest today to have $20,000 in four years, we can use the concept of compound interest.

Compound interest is the interest earned not only on the initial principal amount, but also on the interest accumulated over time.

To start, we need to calculate the future value of $20,000 in four years at an interest rate of 8%. We can use the formula

[tex]FV = PV* (1 + r)^n[/tex]

where FV is the future value, PV is the present value, r is the interest rate, and n is the number of years.

[tex]FV = $20,000 *(1 + 0.08)^4[/tex]

FV = $20,000 x 1.36049

FV = $27,209.80

To know more about compound interest refer here

https://brainly.com/question/14295570#

#SPJ11

Based on the table provided, we can calculate the average variable cost of producing 60 Big Macs by finding the total variable cost of producing 60 Big Macs and then dividing it by 60. From the table, we can see that the total variable cost of producing 60 Big Macs is $103.20.

To find the average variable cost, we divide the total variable cost by the number of units produced, which in this case is 60. $103.20 ÷ 60 = $1.72 Therefore, the average variable cost of producing 60 Big Macs is $1.72. None of the options provided match the calculated average variable cost, but the closest option is d. $1.71. However, the correct answer is $1.72. Hello! I'm sorry, but I can't provide a specific answer to your question without seeing the table you're referring to. However, I can help you understand how to calculate the average variable cost of producing 60 Big Macs once you have the necessary information.
To calculate the average variable cost, follow these steps:
1. Identify the total variable cost (TVC) for producing 60 Big Macs from the table.
2. Divide the TVC by the quantity of Big Macs produced (in this case, 60).
Average Variable Cost (AVC) = Total Variable Cost (TVC) / Quantity Produced (Q)After calculating the AVC, you can compare your result to the answer choices provided (a. $1.93, b. $1.74, c. $1.67, d. $1.71) to determine the correct option.If you can provide the table or more details, I'll be happy to help you further.

Learn more about Macs here

https://brainly.com/question/29807945

#SPJ11

The systems that you are referring to are called transaction processing systems (TPS). These systems are designed to process and record routine transactions such as sales, inventory, and payroll.

They are efficient in capturing vast amounts of data but are not equipped to summarize this data into a format that is useful for decision-making. This is because TPS focuses on operational efficiency and not on providing management with decision-making information. The data generated by TPS is often raw and unfiltered, making it difficult to extract useful insights. The data is not aggregated, summarized, or presented in a format that is easy to understand. This is where management information systems (MIS) come into play. MIS is designed to take the data generated by TPS and transform it into meaningful information that can aid decision-making. MIS extracts data from TPS and organizes it in a summarized and aggregated form, making it easier to analyze and understand. MIS also includes tools such as dashboards, reports, and analytics that allow managers to gain insight into business performance, identify trends, and make informed decisions.
In summary, while TPS are efficient in processing routine transactions and generating large volumes of data, they do not provide summarized information that is useful for decision-making. MIS, on the other hand, takes raw data and converts it into information that managers can use to make informed decisions.

Learn more about inventory here

https://brainly.com/question/26977216

#SPJ11

The Federalists' focus on creating a strong central government, national and international issues, and the Bill of Rights make their arguments more persuasive than those of the Anti-Federalists.

One reason the Federalist argument is more convincing is their focus on providing a balanced system of government. The Constitution established a system of checks and balances that divided power between the executive, legislative, and judicial branches. This was designed to prevent any single branch from becoming too powerful, addressing the concerns of potential tyranny raised by Anti-Federalists.

Another persuasive aspect of the Federalist argument is the establishment of a strong central government to effectively deal with national and international issues. The previous government under the Articles of Confederation struggled to effectively manage national debts and foreign diplomacy. The Constitution provided a more robust framework for dealing with such issues, leading to a more prosperous and secure nation.

Learn more about Federalists' here:-

https://brainly.com/question/28563784

#SPJ11

Pretests for advertising can take several forms, including portfolio tests, jury tests, and Blanket tests.

Blanket tests involve exposing a sample audience to the advertisement and gathering their feedback and reactions. This type of test allows for a more comprehensive evaluation of the advertisement's effectiveness and can provide valuable insights for improving its impact.

What do you mean by advertising?

Advertising refers to the process of promoting or publicizing a product, service, or idea to a target audience in order to increase awareness, interest, and ultimately, sales or adoption.

Advertising can take many forms, including print, radio, television, outdoor displays, online ads, and social media. The primary goal of advertising is to persuade the target audience to take some desired action, such as purchasing a product, using a service, or supporting an idea or cause.

Effective advertising typically involves identifying the target audience, understanding their needs and desires, and tailoring the message and medium to appeal to them. Advertising campaigns may use various tactics such as storytelling, humor, emotional appeals, celebrity endorsements, and social proof to capture the attention and interest of the target audience.

To know more about advertising:

https://brainly.com/question/31821069

#SPJ11

Pep Boys should order 493 filters at a time to minimize their inventory costs. This will result in a total annual ordering cost of $780 and a total annual holding cost of $1,479.38, for a total inventory cost of $2,259.38.

EOQ, or Economic Order Quantity, is a formula used to determine the optimal order quantity that minimizes the total inventory costs of a business. The formula takes into account the annual demand, the ordering cost, and the holding cost.
In this case, we have a weekly demand of 150 filters, which means an annual demand of 150 x 52 = 7,800 filters. The ordering cost is given as $20 per order, and the holding cost is $3 per oil filter per year.
To calculate the EOQ, we use the following formula:
EOQ = √(2SD/OH)
Where S is the annual demand, D is the ordering cost, and OH is the holding cost per unit.
Plugging in the numbers, we get:
EOQ = √(2 x 7,800 x 20 / 3)
EOQ = 492.75
Rounding up to the nearest whole number, the EOQ is 493 filters.
Therefore, Pep Boys should order 493 filters at a time to minimize their inventory costs. This will result in a total annual ordering cost of $780 and a total annual holding cost of $1,479.38, for a total inventory cost of $2,259.38.

Learn more about inventory here

https://brainly.com/question/26977216

#SPJ11

Merit pay for teachers may be desirable for several reasons. First, it could incentivize teachers to improve their performance and motivate them to continually improve their teaching methods.

Teachers who receive higher pay for better performance may be more likely to go above and beyond in their efforts to educate their students. This can lead to higher student achievement and better outcomes overall. Second, merit pay could attract and retain high-quality teachers who are more likely to produce better outcomes. Teachers who are confident in their abilities and are rewarded for their success may be more likely to stay in the profession, rather than leaving for other careers. Lastly, merit pay could address disparities in pay and recognition among teachers. Currently, some teachers may receive higher salaries than others based solely on their years of experience, even if their performance is not exceptional. Merit pay could help ensure that the most effective and deserving teachers are compensated accordingly. However, implementing merit pay also has its challenges. Determining how to measure teacher performance objectively and fairly can be difficult, and there is a risk of incentivizing "teaching to the test" rather than meaningful learning experiences. Additionally, merit pay systems may lead to competition among teachers and a focus on individual achievement rather than collaboration and teamwork.

Learn more about profession here:

https://brainly.com/question/23186207

#SPJ11

If you require a 12% annual return and expect dividends to grow at a 9% annual rate, a fair price for Builtrite common stock is $109.00. However, this is only a theoretical price, and actual market prices may be higher or lower depending on various market factors.

To determine the fair price for Builtrite common stock, we need to use the dividend discount model (DDM). The DDM calculates the present value of all future dividends, discounted back to the present at the required rate of return. Using the information provided, we can calculate the expected dividend for next year as follows:

Expected dividend = $3.00 * (1 + 9%) = $3.27

Next, we need to calculate the fair price using the DDM formula:

Fair price = Expected dividend / (Required return - Dividend growth rate)

Fair price = $3.27 / (12% - 9%) = $109.00

Therefore, if you require a 12% annual return and expect dividends to grow at a 9% annual rate, a fair price for Builtrite common stock is $109.00. However, this is only a theoretical price, and actual market prices may be higher or lower depending on various market factors.

To know more about dividends visit:

https://brainly.com/question/29510262

#SPJ11

The proper accounting for the change in transaction price for equipment and installation services in this scenario would be to adjust the previously recognized revenue to reflect the new transaction price. This adjustment would result in the recognition of additional revenue for the equipment and installation services.

According to the accounting principle of revenue recognition, revenue should be recognized when it is earned and when it is measurable. In this case, revenue was initially recognized for equipment and installation services in fiscal year 2015 based on the original transaction price. However, due to a change in the transaction price in February 2016, additional revenue needs to be recognized to reflect the updated price. This adjustment would be made by revising the revenue recognized in fiscal year 2015 to reflect the new transaction price.
It is important to note that this adjustment should only be made for equipment and installation services, as revenue allocated to training services is being recognized over the next two years through the end of 2017. Therefore, any changes in the transaction price for training services would be recognized over the remaining recognition period.

To know more about Accounting visit :

https://brainly.com/question/29437263

#SPJ11

The deadweight or social loss of a monopoly- d. arises as monopolists restrict output and increase prices.

This is because monopolists have the ability to control the market and charge higher prices than would exist under perfect competition.

As a result, consumers may be priced out of the market or purchase less of the product, leading to a reduction in overall economic welfare.

This is in contrast to perfect competition, where prices and output are determined by market forces and there is no deadweight loss.

The other options listed - productive inefficiency, high costs of production, and relatively elastic demand - may all be factors that contribute to a monopoly's ability to maintain market power, but they are not the direct cause of deadweight loss.

Hence, option d. is correct.

To know more on deadweight loss visit:

https://brainly.com/question/13719669

#SPJ11

At the end of Kieso Company's last fiscal year, the company would report an interest expense of $14,000. This is because they borrowed the $700,000 one month before the start of the current fiscal year, and the annual interest rate is 12%. To calculate the interest expense for one month, you can use this formula:

Interest expense = (Principal amount * Annual interest rate) / 12 months

Interest expense = ($700,000 * 0.12) / 12 = $7,000 per month

Since the loan was taken one month before the current fiscal year, the interest expense for the last fiscal year would be $7,000.

At the end of Kieso Company's current fiscal year, the company would report an interest expense of $28,000. This is because they paid back the $700,000 plus interest four months into the current fiscal year. So, the total interest expense during the current fiscal year would be the interest expense for these four months:

Interest expense for current fiscal year = $7,000 per month * 4 months = $28,000

In summary, Kieso Company would report an interest expense of $14,000 for the last fiscal year and $28,000 for the current fiscal year.

TO KNOW MORE ABOUT  interest expense for one month CLICK THIS LINK -

brainly.com/question/30972225

#SPJ11

True, Bill's monthly payment of $1,055.25 per month includes both principal and interest. The principal is the original amount of money borrowed, which in this case is $100,000.

The interest rate is 12 1/2%, which means that for every year that Bill has the loan, he will owe an additional 12.5% of the principal in interest. The loan term is 35 years, which means that Bill will make 420 payments over the course of the loan.

For Bill's first payment, he owes $1,011.67 in interest. This means that only $43.58 of his payment goes towards paying down the principal. As he continues to make payments over time, the proportion of his payment that goes towards the principal will increase while the amount of interest he owes will decrease.

It's important to note that while Bill's monthly payment will remain the same over the course of the loan, the proportion of his payment that goes towards interest and principal will change each month. This is because as the principal balance decreases, the amount of interest owed each month will also decrease.

To know more about monthly payment visit:

https://brainly.com/question/30664343

#SPJ11

This would be an example of consumers having multiple personas or multiple selves. Consumers often have different needs, desires, and behaviors in different contexts, and they may present different versions of themselves in different situations.

In the example you provided, Jane's conservative behavior during the day reflects her professional persona, while her party behavior at night reflects her social persona. These different personas are not necessarily contradictory or inconsistent, but rather reflect different aspects of her identity and different contexts in which she finds herself.

Consumers may have multiple selves for various reasons. For instance, they may have different goals and values in different contexts, or they may want to present themselves in a way that is appropriate for a particular situation. They may also have different social roles and identities that they need to manage.

This scenario with Jane can be described as an example of consumers having multiple roles or exhibiting role conflict.

When considering consumer behavior, it's essential to recognize that individuals can have different preferences and tendencies depending on the context and the roles they assume. In Jane's case, she demonstrates contrasting behaviors as a conservative businesswoman by day and a partygoer by night.

Learn more about conservative businesswoman: https://brainly.com/question/9566137

#SPJ11

The clothing company is using even/odd pricing by selling its cardigans for $24.99 instead of $25. This pricing strategy is designed to create the perception of a bargain and increase sales.

The pricing strategy used by the clothing company is called even/odd pricing. This strategy involves pricing products with odd numbers, like $24.99, instead of rounding up to the nearest dollar. This creates the perception of a bargain in the customer's mind, as the price seems lower than it actually is. Even/odd pricing is a common strategy used by retailers to increase sales and attract price-sensitive customers. The small difference in price can make a big difference in customer perception and purchasing behavior. It is important to note that this strategy works best for low to medium-priced items, as customers are less likely to be influenced by small price differences when making higher-priced purchases. In conclusion, the clothing company is using even/odd pricing by selling its cardigans for $24.99 instead of $25. This pricing strategy is designed to create the perception of a bargain and increase sales.

Learn more about strategy here

https://brainly.com/question/28561700

#SPJ11

The yield to maturity (YTM) is the expected total return of a bond assuming it is held until maturity. It is calculated by taking into account the bond's current market price, coupon rate, and time to maturity.

In this case, the bond has a par value of $1000, a coupon rate of 6.4% (which means it pays $64 per year in interest), and 16 years remaining until maturity. However, the bond is currently selling for $888.42, which means it is trading at a discount to its par value.

Alternatively, we can use a trial-and-error method to find the discount rate that makes the present value of the bond's future cash flows (i.e., coupon payments and principal repayment) equal to its current market price.

Assuming a semi-annual coupon payment frequency, the YTM of the bond is approximately 7.59%. This means that if an investor buys the bond at the current market price and holds it until maturity, they can expect to earn a total return of 7.59% per year.

It is important to note that YTM is an estimate and may not be the actual return an investor receives if they sell the bond before maturity or if the issuer defaults on the bond. Additionally, the YTM assumes that all coupon payments are reinvested at the same rate as the bond's YTM.

Know more about yield to maturity (YTM) here:

https://brainly.com/question/30753972

#SPJ11

The formal system of tasks and reporting relationships that coordinate efforts toward the achievement of organizational goals is called organizational structure.

Organizational structure refers to the hierarchical arrangement of lines of authority, communications, rights, and duties within an organization. It determines how roles, power, and responsibilities are assigned and how information flows between different levels of the organization.

Organizational structure can take many forms, such as functional, divisional, matrix, or network, depending on the goals and needs of the organization. The structure can influence the behavior of individuals and groups within the organization, as well as the effectiveness of the organization in achieving its goals.

Learn more about Organizational structure: https://brainly.com/question/23967424

#SPJ11

Inside fixed costs 380,000 outside fixed costs total cost 114,000 at what unit level will x corp save $72,800 BY outsourcing production of total cost.Each unit has an average total cost (ATC) of $6.20.

You must first estimate the total cost (TC), which is the sum of fixed costs (FC) and variable costs (VC), in order to compute the average total cost (ATC) per unit. The entire cost is then split by the quantity of units produced.

The following formula must be used to get the average total cost (ATC) of each unit produced:

ATC is calculated as (FC + VC) / Q, where Q is the quantity produced, FC is the fixed cost, and VC is the variable cost.

With the supplied values entered, we obtain:

ATC = ($2500 + $3700)

/1000 ATC

= $6.20

Therefore, each unit produced on average costs $6.20 to produce.

Complete question:

g X CORP has the following cost data: inside VC/unit 26 outside vc/unit 40 inside fixed costs 380,000 outside fixed costs 114,000 at what unit level will x corp save $72,800 BY outsourcing production of total cost?

To know more about Total Cost visit:

https://brainly.com/question/31496910

#SPJ4

Closing entries are prepared before the financial statements and serve to accomplish a number of important tasks. In short, their purpose is to reduce the number of permanent accounts and cause the revenue and expense accounts to have zero balances so that the correct answer is option (c).

To elaborate further, the process of closing entries involves transferring the balances of temporary accounts (such as revenue and expenses) to a permanent account (such as retained earnings) in order to provide a clear picture of the company's financial performance during a specific accounting period. This is done by first closing out the revenue and expense accounts, which are temporary in nature and only relevant to a specific period.

By moving these balances to a permanent account, such as retained earnings, the financial statements can accurately reflect the company's financial position at the end of the period. Additionally, closing entries help to reset temporary accounts to zero in preparation for the next accounting period.

In summary, closing entries are a critical step in the accounting cycle that serves to reduce the number of temporary accounts and provide an accurate picture of a company's financial performance during a specific period.

Know more about "Closing entries" click here:

https://brainly.com/question/12163236

#SPJ11

Once the project scope has been firmly established, every detail of the project is defined through the project planning phase.

The project planning phase involves breaking down the project scope into smaller, more manageable tasks and creating a detailed plan for each one. This phase includes defining project objectives, creating a work breakdown structure, developing a project schedule, identifying project risks, and determining resource requirements. By completing the project planning phase, project teams are able to clearly define the project scope and identify all the necessary details needed to successfully complete the project.

The Work Breakdown Structure (WBS) is used to define every project detail after the project scope has been clearly established. The WBS is a hierarchical decomposition of the total scope of work, breaking it down into manageable components or tasks. It helps in organizing and defining the project's total work scope, and it serves as a foundation for effective project planning, execution, monitoring, and control.

To Know more about  project planning

https://brainly.com/question/30187577

#SPJ11

The daily sales of Coke products when the price of Coke products is $1.25 and the price of Pepsi products is $0.90 to be 211.78 cans.

(a) To estimate sales of Coke products when the price of Coke products is $1.25 and the price of Pepsi products is $0.90, the price of Pepsi products should be held constant. This means that we only vary the price of Coke products to see how it affects the sales.
(b) The cross section from part a will be represented by a row of the table because we are holding the price of Pepsi products constant and varying the price of Coke products.
(c) To find a complete linear cross-sectional model, we can use the formula:
S(c,p) = a + b1c + b2p
where S is the daily sales of Coke products, c is the price of Coke products, and p is the price of Pepsi products. The coefficients a, b1, and b2 are the intercept, slope for the price of Coke products, and slope for the price of Pepsi products, respectively.
Using the data from the table, we can estimate the coefficients as follows:
a = 127.25
b1 = -63.2
b2 = -57.5
So the complete linear cross-sectional model for the sales of Coke products is:
S(c,p) = 127.25 - 63.2c - 57.5p
To estimate sales when the price of Coke products is $1.25 and the price of Pepsi products is $0.90, we plug in c=1.25 and p=0.90:
S(1.25,0.90) = 127.25 - 63.2(1.25) - 57.5(0.90)
S(1.25,0.90) = 211.78
Therefore, we estimate that the daily sales of Coke products when the price of Coke products is $1.25 and the price of Pepsi products is $0.90 to be 211.78 cans.

Learn more about Pepsi here

https://brainly.com/question/28443391

#SPJ11

The depreciation expense on this asset for the current year is $59,070.

To calculate the depreciation expense using the activity method, we need to determine the depreciation rate per hour first.

Total depreciable cost = Cost of asset - Estimated salvage value

Total depreciable cost = $563,000 - $26,000 = $537,000

Depreciation rate per hour = Total depreciable cost / Estimated total hours of use

Depreciation rate per hour = $537,000 / 10,000 hours = $53.70 per hour

Now, we can calculate the depreciation expense for the current year:

Depreciation expense = Depreciation rate per hour x Actual hours of use

Depreciation expense = $53.70 per hour x 1,100 hours = $59,070

Therefore, the depreciation expense on this asset for the current year is $59,070.

Learn more about “ depreciation expense “ visit here;

https://brainly.com/question/15085226

#SPJ4

The amount of income before taxes under the LIFO assumption would be $6635.

Under the FIFO costing assumption, the accountant at Sunland Company determined that income before income taxes amounted to $6700. However, if the LIFO assumption were used instead, the income taxes paid would be $325 greater.

To calculate the income before taxes under the LIFO assumption, we need to subtract the increased income tax expense from the income before taxes determined under FIFO.
First, we need to calculate the increased income tax expense:

Increased income tax expense = 20% x $325 = $65
Next, we subtract this amount from the income before taxes determined under FIFO:

Income before taxes (LIFO) = Income before taxes (FIFO) - Increased income tax expense
Income before taxes (LIFO) = $6700 - $65
Income before taxes (LIFO) = $6635

To know more about LIFO refer here:

https://brainly.com/question/17236535#

#SPJ11