Assuming that VMD MIC competitors have an accurate costing system, what are the characteristics of jobs (services) that VMD MIC is likely to win vs. lose to their competitors

Answers

Answer 1

The characteristics of jobs that VMD MIC is likely to win is the goodwill from existing customers. while the competitors will have a higher market share because of effective pricing.

What is an accurate costing system?

This is a costing system that allows managers to measure profit so that they can make the best decisions for the company's future.

Hence, the accurate costing system is effective for managing pricing and profitability effectively.

Read more about costing system

brainly.com/question/26515102

#SPJ1


Related Questions

If workers are likely to be exposed to fall dangers, what kinds of trainings must their employers provide?.

Answers

Safety training of course, at the same time,they have to gets very necessary working Insurance as well.

On October 1, Year 1, Jason Company paid $3,600 to lease office space for one year beginning immediately. What is the cash outflow for rent that would be reported on the Year 1 statement of cash flows

Answers

The cash outflow for rent that would be reported on the Year 1 statement of cash flows is $2,700

What is cashflow?

This is the amount of cash , which a company receives or gives out by the way of payments to its creditors.

Though the amount paid was paid on October 1, Year 1 it will only be expensed from October to December for year 1.

The duration of the payment is 12 months, hence  

Monthly amortization

= $3,600 / 12

= $300

Rent expense for year 1

= $300 × 3

= $900

The ending balance in the prepaid rent account will be  

= $3,600 - $900

= $2,700

This will be the cash outflow for rent that would be reported on the Year 1 statement of cash flows.

Hence, the cash outflow for rent that would be reported on the Year 1 statement of cash flows is $2,700

Learn more about cashflow here : https://brainly.com/question/14723642

#SPJ1

HELP ASAP

1. Define ethics and norms. Provide an example to illustrate how ethics and norms are related.


2. Explain the relationship between personal ethics and business ethics. How are they the same? How are they different? What role should ethics play in business decision-making?


3. Describe the role of ethics in customer relationship management.

4. What is the reason for creating a code of conduct? How is it related to a code of ethics? Provide an example of a behavior that might be addressed in a company’s code of conduct, and explain how the code aligns with specific company values.


5. How does globalization pose ethical challenges to business operations? Provide an example of the benefits of globalization and then a corresponding example explaining the problems with it. Be sure to describe who is benefitting in each of your examples.

Answers

I think this is specific to your class or we need a bit more context!

Which of the international operations strategies involves a focus on cost reductions and high local responsiveness

Answers

The type of strategy where the international operations focus on higher reductions in cost and higher local alertness is called transnational strategy.

What is meant by the strategy?

A strategy is a policy devised to achieve long-term objectives.

Transnational strategy is one of the strategies to keep in check the monetary transactions entered between various entities of different nations. A business is said to be transnational when it has its entire operations in one country but also has varied operations in other counties.

Therefore, the transnational strategy involves a greater reduction in costs and greater alertness at local levels.

Learn more about the transnational strategy in the related link:

https://brainly.com/question/14949748

#SPJ1

A group of customers that a business decides to focus its marketing efforts and, ultimately, its products on is a _____. target market niche industrial market consumer market

Answers

Answer:

Target market!!

Explanation:

Hope this helps:)

Tyler, a self-employed taxpayer, travels from Denver to Miami primarily on business. He spends five days conducting business and two days sightseeing. His expenses are $400 (airfare), $150 per day (meals at local restaurants), and $300 per night (lodging). If required, round your answers to the nearest dollar. What are Tyler's deductible expenses in the below year: 2023 $fill in the blank 1 2022 $fill in the blank 2

Answers

The deductible expenses for Tyler in these years are:

2023 = $22752022 = $2650

How to solve for the deductible expenses

Air fare = 400 dollars

Lodging = 300 x 5

meals = 150 x 5 x 50%

Total in 2023 = 400 + 1500 + 375

= $2275

The deductible for 2022

400 + 5x150 + 5x300

= $2650

Hence the total deductible in 2023 =  $2275

and in 2022 = $2650

Read more on deductible expenses here:

https://brainly.com/question/24744888

#SPJ1

Managers practice the art of getting things done using organizational resources such as: Multiple select question. information workers customers equipment

Answers

The managers get things done by using organizational resources such as: such as:

equipmentworkersinformation

What is an art of getting things done?

These involves the act of directing, organizing, coordination and guiding the organizational processes to achieve organizational goals.

Therefore, the Option A, B, D is correct.

Read more about organizational resources

brainly.com/question/15075305

#SPJ1

U
Drag each label to the correct location on the image.
Match the descriptions to the possibility of being addressed by a Trial Balance.
can detect the accuracy
of the accounting process
can help prepare the
income statement
can help check whether a
particular transaction has
been completely omitted
helps serve as a proof of
the application of the
double-entry system
Possible
can help check whether the
debit side is equal to the
credit side
Not Possible

Answers

The descriptions to cases that will possibility be addressed by a Trial Balance are:

can detect the accuracy of the accounting process(possible)can help check whether the debit side is equal to the credit side(possible)can help prepare the income statement(possible)helps serve as a proof of the application of the double-entry system(not possible)can help check whether a particular transaction has been completely omitted(not possible)

What is trial balance?

A trial balance can be regarded as  bookkeeping worksheet which contains the ledger that is arranged into  debit and credit account column .

Therefore, with trial balance, one can check whether the debit side is equal to the credit side.

learn more about trial balance at:https://brainly.com/question/24217989

#SPJ1

Ivan is the head of human resources for a large company. He is served with legal papers that outline a lawsuit brought against the company by a former employee. She is alleging that she was terminated because of discrimination. Discuss how Ivan can use the former employee’s written performance appraisals to refute this charge.

Answers

Answer:

the attestation lists contain information about the compliance of the employee with the position held. if an employee according to this certificate does not correspond to the position, he can be fired accordingly.

Explanation:

Which is the best general statement about the role of government in business in the United States? O A. Government determines what goods and services are produced. B. Government acts to allow markets to function efficiently. C. Government owns the resources of production. D. Government has no role in business.​

Answers

The answer is B hope that helps

The market segment that is the focus of a firm’s marketing plan is the
A. market position
B. target market
C. market mix
D. product market

Help please!!!

Answers

The market segment that is the focus of a firm’s marketing plan is the market mix

What is marketing plan?

Markets plan includes all activity that is involved in achieving a certainly goal as regarding market.

marketing mix contains a market plan as it include all actions in marketing a product.

Therefore, The market segment that is the focus of a firm’s marketing plan is the market mix

Learn more on marketing plan below

https://brainly.com/question/25369230

#SPJ1

The process of assigning a good, a service, or a resource to one use instead of another describes:.

Answers

Allocation is the process which involves the assigning of goods, services or any such resources for one use, instead of deploying them at other alternatives available.

What is allocation?

The way in which the available resources in the hands of a business organization are deployed for particular uses is known as allocation of such resources by a firm.

Hence, the significance of allocation is given above.

Learn more about allocation here:

https://brainly.com/question/16666093

#SPJ1

Select all the correct answer.
What type of factor of production is a bulldozer?
Oland
O labor
O capital
O entrepreneur

Answers

Answer:

capital

Explanation:

bulldozer is bought with capital.

Two friends decide to start selling their drone camera aerial footage. Which economic question have they answered?

For whom to produce?
How much to produce?
How to produce?
What to produce?

Answers

The economic question that the two friends have answered is D. What to produce?

What is a economic question?

It should be noted that an economic question simply means the question that seeks answers to happenings in an economy.

In this case, the economic question that the two friends have answered is what to produce since they sold drone cameras.

Learn more about the economy on:

brainly.com/question/25745683

#SPJ1

Answer:

D.  What to produce?

Explanation:

Have a clearance of how many inches in the left side of a vehicle

Answers

5-9 inches is optimal for most cars and trucks

What measures the change in prices of a basket of goods and services in a given year?
O A. recession
O B.
depression
O C.
deflation
O D.
inflation

Answers

The measures that change in prices of a basket of goods and services in a given year include option D: inflation.

What do you mean by term Inflation?

The term inflation is defined as the rise in the prices of goods and services in an economy.

The average change over time in the prices paid by urban consumers for a market basket goods and services of consumer is measured by the consumer price index.

Therefore, correct option is D.

Learn more about inflation, refer to the link:

https://brainly.com/question/15692461

#SPJ1

When financial statements of a nonpublic company are affected by a material departure from generally accepted accounting principles, the auditors should:

Answers

When financial statements of a nonpublic company are affected by a material departure from generally accepted accounting principles, the auditors should issue an opinion that is unmodified.

What is GAAP?

The full form of the GAAP is Generally Accepted Accounting Principles in which the rules and regulations related to the financial accounting are written.

In the above case in which the Non public company is affected by the departure of the material then the auditors must issue the an opinion that is unmodified.

Learn more about the accounting principles here:

https://brainly.com/question/16874947

#SPJ1

What was one benefit of the transcontinental railroad? it made cross-country travel times longer. it ended many risks of traveling cross-country. it stopped trade with asia.

Answers

The benefit of the transcontinental railroad was that it ended many risks of traveling across the country.

Why was the transcontinental railroad created?

The American railroad, was created in 1869, with an important innovation through the connection between the coasts of the Atlantic and Pacific oceans, having as benefits the expansion of commercial and passenger transport routes in America.

Therefore, the transcontinental railroad was built using mechanized technology in the 19th century, increasing the safety and speed of travel.

Find out more about transcontinental railroad here:

https://brainly.com/question/11433327

#SPJ1

Which inventory costing method will produce an amount for cost of goods sold that is closest to current market value?.

Answers

The FIFO (First in First out) technique of inventory costing will result in a COGS amount equal to market value.

What is the First in first out method?

First in, first-out (FIFO) is an uncomplicated approach to inventory valuation based on the presumption that commodities acquired or created first are sold first. This implies that older inventory is distributed to customers before fresh inventory, in theory.

FIFO is the method used to calculate the cost of goods sold using cost flow assumptions. The FIFO approach is predicated on the idea that the oldest items in an organization's inventory have already been sold.

Thus, the FIFO method will be able to produce a number of COGS equal to the market value.

Learn more about the FIFO method:

https://brainly.com/question/17924678

#SPJ1

Question 3 of 10
If you achieve excellence in music, film, dance, literature, or visual arts, you
might qualify for this type of scholarship.
A. Underrepresented student scholarship
OB. Athletic scholarship
OC. Academic scholarship
D. Creative scholarship

Answers

Answer: Creative scholarship

Explanation: Because

If you achieve excellence in music, film, dance, literature, or visual arts, you might qualify for Creative scholarship. The correct option is (D).

What do you mean by the Creative scholarship?

When you reimagine an existing piece of art or construct a new one from scratch, you are engaging in creative scholarship.

For fine arts students with talents in the visual arts, there are numerous innovative scholarship opportunities. Photography and design-based disciplines like painting, graphic design, and animation are considered visual arts majors.

You can participate in your field as both a student and a scholar through research and creative scholarship. Development of new knowledge and its discovery with the intention of disseminating it through publications, performances, and presentations.

Therefore, if you achieve excellence in music, film, dance, literature, or visual arts, you might qualify for Creative scholarship.

To know more about the Creative scholarship, visit:

https://brainly.com/question/14210550

#SPJ2

A customer has a margin account that shows a market value of $190,000 and a debit balance of $90,000. in addition, the account has special memorandum account of $5,000. the long market value at maintenance is

Answers

A maintenance margin is a minimum equity an investor ought to preserve withinside the margin account after the acquisition has been made. Hence,  the long market value at maintenance in this case is $120,000.

What do you mean by long market value?

Long market value at maintenance refers to the point where an account must fall (in market value) to reach minimum maintenance (25% of market value). ;

The maintenance margin is far presently set at 25% of the full value of the securities in a margin account as in step with Financial Industry Regulatory Authority (FINRA) requirements.

To calculate the long market value at maintenance,  divide the debit balance by .75 ($90,000 / .75 = $120,000)

Hence,  the long market value at maintenance is $120,000.

Learn more about long market value at maintenance:

https://brainly.com/question/15057471

#SPJ1

When selecting a mentor, which of the following should be considered? (Select all that apply)

the mentor’s age
what skills the mentee needs to develop
the communication skills of the mentor and mentee
how much the mentor makes each year

Answers

What should be considered when choosing a mentor are;

what skills the mentee needs to develop

the communication skills of the mentor and mentee.

Who is a mentor?

A mentor can be regarded as the person who could be an expert that gives advice an direction about a subject plan.

Therefore, it's important to know skills the mentee needs to develop.

Learn more mentor at;

https://brainly.com/question/12455849

#SPJ1

Positive economics ______ value judgments, tries to establish ______ statements about economic behavior, and deals with ______ economic events. Multiple choice question. avoids; scientific; actual avoids; normative; actual encourages; scientific; potential encourages; scientific; actual encourages; normative; potential

Answers

Positive economics avoids value judgments, tries to establish scientific statements about economic behavior, and deals with actual economic events.

What is positive economics?

Positive Economics is objective and statements are usually based on facts and economic theory. They can be tested.

For example, when the price of a good increases, it is expected that if the good is a normal good, the quantity demanded would decline. This is an example of positive economics.

To learn more about positive economics, please check: https://brainly.com/question/21172450

#SPJ1

During market testing, Rembrandt Cosmetics realized that the cosmetics industry was dominated by multiple, well-established brands. These brands mostly sold their products in exclusive outlets and departmental stores. Rembrandt Cosmetics management realized that a new entrant would require a different business model to be successful. Thus, Rembrandt Cosmetics started selling its products through direct marketing. In this scenario, Rembrandt Cosmetics accomplished substitution primarily through

Answers

In the given scenario, Rembrandt Cosmetics accomplished its substitution primarily through strategic planning of equivalence.  

What is strategic planning?

When the differences between two different strategic plans are identical, with other things being constant, such a situation is called as a strategic planning of equivalence.

Hence, strategic planning holds true regarding the given situation.

Learn more about strategic planning here:

https://brainly.com/question/16699515

#SPJ1

Suppose a state passes a minimum wage law that increases the minimum wage from $5/hour to $20/hour. The equilibrium wage prior to the minimum wage hike was $10/hour. Which is likely to result from increasing the minimum wage

Answers

As a result of the minimum wage hike to $20/hour, Some employers and workers will agree on a wage less than $20 and not report the wages to the government.

What happens when the minimum wage is higher than the equilibrium wage?

Employers would employ less people because they would be unable to pay the minimum wage demanded by the government.

In order to keep their jobs, some employees will make a deal with employers to pay them less than the minimum wage.

Find out more on minimum wage laws at https://brainly.com/question/14337883.

#SPJ1

Which consideration must a society address when deciding for whom to produce a potentially scarce or limited resource?

Answers

The question "Who has the greatest need?" must be considered by the society when deciding for whom to produce on a potentially scarce or limited resource.

What is the whom to produce?

As part of an economic problem, this refers to problem of distribution of final product.

Thus, the question "Who has the greatest need?" must be considered by the society when deciding for whom to produce while deciding who to produce a potentially scarce or limited resource for.

Read more about for whom to produce

brainly.com/question/17332480

#SPJ1

Answer: is

Who has the greatest need?

Explanation:

E-commerce ________ is the ability of an organization to create a strong presence among consumers in many places, with minimal time constraints, to sell them products and services.

Answers

E-commerce ubiquity is the ability of an organization to create a strong presence among consumers.

What is E-commerce?

E-commerce can be regarded as the process involving crating a good presence so as to sell products to the consumer.

Therefore, it involves ability to sell in different locations.

Learn more about E-commerce at;

https://brainly.com/question/17162476

#SPJ4

A mutual fund is quoted at $16.56 NAV and $18.00 POP. The sales charge is A) 8.50% B) 7.75% C) 7.50% D) 8%

Answers

Based on the Mutual fund's NAV and the POP, the sales charge can be found to be D. 8%.

How is a Mutual fund's sales charge calculated?

You can find the sales charge through the formula:

= (POP - NAV) / POP x 100%

Solving gives:

= (18 - 16.56) / 18 x 100%

= 1.44 / 18 x 100%

= 8%

Find out more on Mutual fund charges at https://brainly.com/question/22525531.

#SPJ1

On January 1, 2020, Bank X makes a loan of $10,000 on a 1 year note at an interest rate of 10% to a client. How much interest revenue is recognizable in total at the end of September 30, 2020

Answers

Approximately $166.7:explanation

To calculate the interest receivable on this note, the math would be as follows:

Principal X Interest X Time = Interest receivable

or

Which of the following will cause an increase in Supply for the Short-Run Macroeconomic model?

A. Lower prices will increase the demand.

B. Higher prices to encourage competition.

C. The addition of only highly skilled workers.

Answers

Higher Prices can encourage competition and cause an increase in the supply for the Short-run Macroeconomic model. Therefore, Option B is the correct choice.

How supply can be increased in the short run?

In the marketplace model, supply slopes up due to the profit purpose of individual firms. If a corporation receives a better price, they'll make a higher profit via way of means of selling more, so the quantity supplied will increase while the price will increase.

Therefore, Higher Prices can encourage competition and cause an increase in the supply for the Short-run Macroeconomic model. Therefore, Option B is the correct choice.

Learn more about short-run supply here:

https://brainly.com/question/24260367

#SPJ1

Other Questions
the enclosures in which animals are kept in reserves like the masai mara and at the london zoo are different.use details from both sources to write a summary of the different enclosures. Which are examples of biotic factors? Select three options. rotting logstream waterdead leavesbacteriasoil Question 8 of 25The amount of water dispensed by a water dispenser is normally distributed,with a mean of 11.60 ounces and a standard deviation of 0.15 ounces. Inwhich range will the amount of water dispensed be found 95% of the time? what term refers to the limited air transfer that takes place once the station has been launched?A: closed environmentB: exposed environmentC: secure environmentD: open environment HELPP PLEASE 50 POINTS Tucker bought some envelopes plain envelope cost twenty-five cents each decorative envelopes cost $0.45 each. he bought at least one plain envelope and at least one decorative envelope he spent exactly the same amount on Plain envelopes as on decorative envelopes. before taxes added what was the least total amount he could have spent?A. 1.40$B. 2.30$C. 3.10$D4.50$ What are the roots of the equation 9x^2-6x+2=0 in simplest a+bi form? what is the coordinate of the vertex for the following prabola: (x-10)^2 = 12(y+2) How can citizens settle disagreements and conflict Question 5 of 10What is text-based journalism?A. It is any journalism that's been created in the last 10 years.B. It is any news that has words.C. It is radio, print, television, and online journalism that presentsinformation.D. None of the above are correct. If you dissolve 25.0 g of NaNO3 (Mm = 85.0 g) in 155 mL of water, what is the molarity of the solution? (Report your answer to two places past the decimal point) 4 ways minorities were prevented from voting in the south Which adjective best describes Mr. White's character?A. UnkindB. WiseC. ResponsibleD. Reckless i made this drawing. what do you think? indicate the correct direct object pronoun fot these sentances.1. ellas limpian la casa los sabados.a. lo b. lac. losd. las2. yo como las hamburguesas rapidamentea. lo b. lac. losd. las3. ellos comen frutas en el veranoa. lob. lac. losd. las4. mama lava los platos por la nochea. mama las lavab. mama la lavac. mama los lavad. mama lo lava For this graph, mark the statements that are true.M-1-A. The range is the set of all real numbers.B. The domain is the set of all real numbers.C. The domain is the set of all real numbers greater than or equal to-2.D. The range is the set of all real numbers greater than or equal tozero. According to the keynesian framework, ____________________________ will not help reduce inflation, but may help a country get out of a recession. 10) Eve has a fall job to pick pumpkins at the farm.She earns $4.00 every 12 minutes that she picks pumpkins. She earns $4.40 every 12 minutes that he picks apples. She picked pumpkins for an hour and apples for 48 minutes.How much money did Eve earn? solve pls brainliest You are reading a printed review of an older painting that's making a national tour of prominent museums. The art critic writes, "The artist uses radial balance when painting the flower in the center of the painting." What is the art critic doing in this scenario? A. Analyzing B. Describing C. Interpreting D. JudgingSOMEONE PLEASE HELP!! The vertices of a triangle are A(2,5), B(1, 2), and C(3, 1). Find the coordinates of the image after a dilation with respectto the origin using a scale factor of 2 and then a translation 2 units left and 1 unit up.A" (). B" (). c" ()