Anewly formed coffee company should not have much trouble finding coffee drinkers in america to purchase a new type of coffee maker. however, a company selling gear for the game of cricket might have a difficult time being successful in the united states. they would probably be more successful in india or australia. the degree to which one's product is consistent with the needs and habits of target consumers is known as

Aquatic marine stores company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. aquatic uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 3 pounds per unit; $ 6 per pound direct labor: 4 hours per unit; $ 19 per hour during the first quarter, aquatic produced 5 comma 000 units of this product. actual direct materials and direct labor costs were $ 65 comma 000 and $ 330 comma 000, respectively. for the purpose of preparing the flexible budget, calculate the total standard direct materials cost at a production volume of 5 comma 000 units.

Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period

%of the world's population controls approximately % of the world's finances (the sum of gross domestic products)" quizlket