Great American Oil Change (GAO) sells a combined oil change service and parts package for $30. A customer who supplies the parts (oil and filter) is charged $20 for only the service, whereas a customer who buys only the oil and filter (for do-it-yourself use) is charged $20 for the parts. The parts cost GAO $14. Determine the dollar amount of revenue from the oil change service versus the sale of parts for each combined oil change package TIP: To calculate the percentage of the combined package that relates to the service, divide the stand-alone selling price of the service by the combined stand-alone selling prices of both the service and parts. Allocated Transaction Price Parts Service

Answers

Answer 1

Answer:

Oil change Service $15

Sales of Parts $15

Explanation:

Calculation to Determine the dollar amount of revenue from the oil change service versus the sale of parts for each combined oil change packages

First step

Oil change service= $20

Selling price of parts = $20

Total $40

Second step

Percentage of each activity in total Revenue

Oil change service = $20

Oil change service=20/40*100

Oil change service=50%

Sale of parts= $20

Sale of parts=20/40*100

Sale of parts=50%

Third step is to calculate the Allocated Transaction Price for both parts and service

Combine oil change service and part package = $30

Oil change service= $30 * 20/40

Oil change service=$15

Sale of parts = $30 * 20/40

Sale of parts= $15

Therefore the dollar amount of revenue from the oil change service is $15 and the sale of parts is $15

Answer 2

Selling price allocated for supply and service is $15 each

Allocation based problem;

Given:

Service price = $20

Price of Oil and filter = $20

Combine service charges = $30

Computation:

In proportion to the standalone selling price, a combined selling price should indeed be apportioned between supply and services.

Selling price allocated for service = $30 × [20/40]

Selling price allocated for service = $30 × [0.5]

Selling price allocated for service = $15

Selling price allocated to supply = $30 × [20/40]

Selling price allocated to supply = $30 × [0.5]

Selling price allocated to supply = $15

Find out more information about 'supply and services'

https://brainly.com/question/11294117?referrer=searchResults


Related Questions

HELP I NEED ANSER QUICK!! Choose a type of company you would like to work for or start-up yourself and then answer the questions below. a. Describe the type of company and the product it would sell. TIP: This can be the same or different from the company you described in Assignment 1R. (1-3 sentences. 1.0 points) b. Describe at least two categories you could group the company's target customers into if the company was using channel management. (1-2 sentences. 1.0 points) c. Describe at least two ways that the company might decide to treat those two categories of customers differently and explain why it might do that. (1-5 sentences. 4.0 points) d. Would the type of channel management described in questions 2b and 2c above be likely to lead to unfair treatment of some groups? Why or why not? How could you make sure that didn't happen? (1-5 sentences. 4.0 points)

Answers

Answer:

    a. Describe the type of company and the product it would sell. TIP: This can be the same or different from the company you described in Assignment 1R. (1-3 sentences. 1.0 points)

The company would be a large company that has multiple locations. It would sell clothes.

    b. Describe at least two categories you could group the company's target customers into, if the company were using channel management. (1-2 sentences. 1.0 points)

The company’s target customers would be for adults and people who like to dress fancy.  

    c. Describe at least two ways that the company might decide to treat those two categories of customers differently, and explain why it might do that. (1-5 sentences. 4.0 points)

 The company might offer regular adults a rewards card or something. It might offer the people who dress fancy special discounts for things like their birthdays or holidays. I think it might do that  because people who dress fancy are generally richer so they would want to keep that customer by offering exclusive discounts. The company would offer the regular adults a rewards card because it is more ordinary.

d. Would the type of channel management described in questions 2b and 2c above be likely to lead to unfair treatment of some groups? Why or why not? How could you make sure that didn't happen? (1-5 sentences. 4.0 points)

Yes it would lead to unfair treatment of some groups because it would mean that the groups with more money will get more discounts but the groups with less money will not get those benefits, so these groups would be jealous of the group that’s getting the discounts.

Explanation:

sorry i know its a lil late but for the people who need it in the future here you go...

a. The company would be a large company that has multiple locations. It would sell clothes.

b. The company’s target customers would be for adults and people who like to dress fancy.  

Who are target customers?

The type of person that a company wants to sell its products or services to is called the target customer.  We need the right product to satisfy the needs of target customers.

c.The company could provide regular adults with a rewards card or something. It may offer people who dress up special discounts for occasions such as their birthdays or holidays. I believe it will do so because people who dress up are generally wealthier, and they will want to keep that customer by offering exclusive discounts. Because regular adults are more common, the company would provide them with a rewards card.

d. Yes, it would result in unfair treatment of some groups because it would mean that groups with more money would receive more discounts while groups with less money would not receive those benefits, causing these groups to be envious of the group receiving the

Therefore, all the questions are answered above.

To learn more about target customer, click here:

https://brainly.com/question/8697897

#SPJ3

1.5. Elaborate on the meaning of induction and explain its purpose.

Answers

Induction in business can be defined as the process of acquainting new employees with your business in a workplace.

It has to do with helping this new employees to settle in and as well enlightening/orientating them with information they need/require necessary for them to become valuable team members to achieve set goals.

Induction generally help employees to acclamatise and as well adjust to their jobs and working environment as well.

FUNCTIONS

- To help the employees learn the policies the guide the business or organization.

- To help the employees learn the practices the business or organization is concerned with.

- Induction help employees to quickly learn the practices of a business or Organization.

- It also enlightens the employees on the ethics and ettiquettes guilding the business or organization.

- To make the employees uñderstand the systems and procedures that are followed by the business or organization.

- It also help new employees to settle down rapidly as well as gives them a sense of belonging.

Three types of Induction exists which are; General Induction Programme, Specific Orientation Programme and Follow-up Induction Programme.

ECON Good morning can someone answer this ASAP

Answers

Answer:

D

Explanation:

Answer:

According to the Law of Demand: When the price of a product increases, the demand for the same product will fall.

So, the answer is 'A. the product's price increses

What type of relationship do a lawyer and a client have?

A) an administrative relationship
B) a labor relationship
C) an agency relationship
D) a tort relationship

Answers

Answer:

An Agency relationship but it's D on Edge

Explanation:

The type of relationship a lawyer and a client have is an agency relationship. Thus option (C) is correct.

What is an agency?

An agency is a business, firm, or organization that provides a specific service. Sometimes but not always the agencies also work on behalf of another group, business, or person.

Some agencies work for the private sector  like an advertising agencies, employment agencies, and travel agencies. Some are government agencies for example they are part of the public sector.

The advertising agencies, add agencies, or creative agencies are firms that focus on creating, planning, and handling advertising. In fact, some employment agencies belong to the government; therefore, they may also be in the public sector.

The type of relationship a lawyer and a client have is an agency relationship. Therefore, option (C) is correct.

Learn more about agency here:

https://brainly.com/question/14362947

#SPJ2

Question:4
Krishna Furnishers Martstarted its operations in the year 1954 and emerged as the market leader in the industry
because oftheir original designs and efficiency in operations. They had a steadydemand fortheir products but overthe
years, they found their market share declining because of newentrants in the field. The firm decided to review their
operations and decided that in orderto meet the competition, they need to study and analyze the market trends and
then design and develop their products accordingly. List any two impacts of changes in business environmernt on
Krishna Furnishers Mart's operations. (Hint: increase in competition and Market orientation)

Answers

Here are the answers

I don't love you anymore
A pretty line that I adore
Five words that I've heard before
'Cause you keep me on a rope
And tied a noose around my throat
You're gone, then back at my door
'Cause if you're gonna leave
Better leave, better do it fast
Can't live a little longer
Sitting on your lap
'Cause you know what you're doing
When you're coming back
And I don't want to have
Another heart attack
Oh, I can't be
Your lover on a leash
Every other week
When you please
Oh, I can't be
The kiss that you don't need
The lie between your teeth
The cut that always bleeds
The cut that always bleeds
Say you love somebody new
And beat my heart, to black and blue
Then they leave, and it's me
You come back to
To say you loved me all along
And kissed the bruises 'til they're gone
Bittersweet, 'cause I can't breathe
Inside your arms
'Cause if you're gonna leave
Better leave, better do it fast
Can't live another minute
Bleeding from my back
'Cause I don't have another one
For you to stab
And I don't want to have
Another heart attack
Oh I can't be
Your lover on a leash
Every other week
When you please
Oh, I can't be
The kiss that you don't need
The lie between your teeth
The cut that always bleeds
The cut that always bleeds
But even though you're killing me
I, I need you like the air I breathe
I need, I need you more than me
I need you more than anything
Please, please
'Cause I could be
Your lover on a leash
Every other week
When you please
Oh, I could be
Anything you need
As long as you don't leave
The cut that always

Answers

Answer:

thats deep

Explanation:

Answer:

Explanation:Nym7ung

Tvhgffhjhg

According to the video, which activities are Executive Secretaries and Administrative Assistants likely to do? Check all that apply. Supervise office staff, prepare presentations, conduct research, create a budget, file paperwork, greet visitors

Answers

Answer: supervise office staff

Prepare presentations

Conduct research

Explanation:

Answer:

Answer: supervise office staff

Prepare presentations

Conduct research

Explanation:

what are some type of jobs for 14 or 15 years old

Answers

-Dish washer
- Ice cream scopper

Which are types of mergers that involve corporations that have created subsidiaries? Check all that apply.


defacto
short-form
statuatory
hostile takeovers
triangular

Answers

Answer:

its shortform and triangular.

Explanation:

edge 2020

Thanks other dude who commented on the wrong answer!

Which sentence indicates that Rudolph is following a market skimming pricing policy?
Rudolph launched his brand of high-end audio speakers called Rudebox. He introduced his first line of products at $40,000. He plans to periodically bring down the price. Very soon he will launch the second edition of Rudebox, which would be of a lower price range, and designed for the masses.

Answers

Answer:

Very soon he will launch the second edition of Rudebox, which would be of a lower price range, and designed for the masses.

Explanation:

Market skimming pricing policy, or price skimming is the pricing strategy that is used by business owners to make the initial price of a product high and then reduce it subsequently so more people can be able to afford it.

The sentence that shows that Rudolph is following a market skimming price policy is his decision to reduce the price of his Rudebox in a second edition which is designed for the masses.

Answer:

He plans to periodically bring down the price

Explanation:

What is the value in customizing a cover letter? What do you think are the most valuable
three thing to customize? Why?

Answers

Answer:

The person hiring will see you actually care and your not just doing it for the money, it will also show some professionalism the three most important things to personalize is why you would be a good addition, your experience and how its helped you grow and how you would like to see yourself grow in their company

Explanation:

What ia Marginal benefit

Answers

Answer:

Marginal benefit is the incremental increase in the benefit to a consumer caused by the consumption of one additional unit of a good or service.

For example, a consumer is willing to pay $5 for an ice cream, so the marginal benefit of consuming the ice cream is $5.

hope this help!

Answer:

In economics, utility is the satisfaction or benefit derived by consuming a product; thus the marginal utility of a good or service is the change in the utility from an increase in the consumption of that good or service.

Explanation:

What so AIA,SAG,AMA stand for

Answers

Answer:

AIA stands for American Institute Of Architects

SAG stands for Screen Actors Guild

AMA stands for American Medical Association

Explanation:

What are the limitations of an MkIS?

Answers

Answer:

Limitations do exist with an MIS, such as the expense to create and implement an MIS, training time for employees, lack of flexibility and capturing wrong or incomplete information.

Explanation:

Please help me don’t write if you don’t know how to solve it

Answers

Answer:

see below

Explanation:

1. Business Revenue

Revenue is the income generated from normal business operations. In this case, normal business operations are selling T-shirts.

The shop sold 25 t-shirts at 70 Dhs each.

Revenue is quantity sold multiplied by sales price

i.e., Revenue = quantity sold x selling price per unit

=70 x 25 Dhs

=1,750 Dhs

2. Business total cost

Costs are the expenses incurred in producing goods intended for sale.

The cost of producing one t-shirt is 15 Dhs.

The cost of producing 70 t-shirts will be.

Total cost = total quantity produced x unit cost

= 70 x 15 Dhs

=1,050 Dhs

3. Business profit

Profit is the income earned from business operation after deducting the cost from the revenues.

I.e., profits = revenue - cost

For this shop

profits = 1,750 Dhs - 1,050 Dhs

Profits = 700 Dhs

What is the most difficult part of being a leader?

Answers

Answer:

Guiding everyone else to success

Explanation:

The hardest part about being leader is to lead people with different personalities to work together for the achievement of the objective.

What are the difficulties of being a leader?

A good leader is only good as long as he can unite people and motivate them to work together for one purpose.

The hardest things to manage as a leader is to handle the conflict among the employees by avoiding biasness or favoritism.

One of the toughest aspects of leadership is delegating authority as people are very complicated.

Learn more about the leadership here:-

https://brainly.com/question/14402704

#SPJ2

hey this is for thebeauty4evr19 so don't take it or im reporting u

Answers

Answer:

ty

Explanation:

what would happen if the Federal Reserve chairman says that the central bank will raise interest rates. which and how would it affect food prices, housing or oil?

Answers

Explanation:

What are the answered choices

Which job titles both require a
car?
Pizza Delivery Person
and Cashier
IT Supervisor and
Pharmaceutical
Salesperson
AL501
Pharmaceutical
Salesperson and Pizza
Delivery Person
Web Designer and IT
Supervisor
Elf
Which job titles both require a car?

Answers

Answer:

sales person and delivery person

Pharmaceutical Salesperson and Pizza Delivery Person are the two job titles that require a car or vehicle for completion of the tasks. Therefore, the option C holds true.

What is the significance of a job title?

A job title can be referred to or considered as the designation given to an employee or a worker for the job or task that he or she performs while being employed or on a contractual basis. A job title is always in direct relation with the job description and requirements of the job.

The jobs of both a salesperson, and a pizza delivery person, are such that they need a car or vehicle of any kind in order to carry out the tasks of their job in an efficient way.

Therefore, the option C holds true and states regarding the significance of a job title.

Learn more about a job title here:

https://brainly.com/question/12174315

#SPJ2

HELP NOW PLEASE!!!! Which of the following distinguishes skilled workers in modern manufacturing from workers in Winslow Taylor’s time? (Select all that apply.)


collaboration

machine operation

teamwork

engineering skills

Answers

Answer:

engineering skills

teamwork

machine operation

odyssey

Explanation:

sorry if it's not right

According to the video, some workers who work for themselves, such as Actors, Musicians, or Writers, may have what
sort of worker represent them to potential customers?
O an Agent
O a Headhunter
an Employer
a Mentor

Answers

Answer:

an Agent

Explanation:

just answered it and got correct

Answer: Agent

Explanation: just got it right on edge

a good entrepreneur realizes that loss and failure are part of a business venture. true or false

Answers

Answer:

True

Explanation:

An "entrepreneur" is a person who operates a particular business. The business may include selling goods, stocks and related items.

An ideal/good entrepreneur possess several qualities such as being honest, helpful, caring, prudent, determined, industrious, strategist, innovative, etc. He knows that operating a business is not always successful and there'll be rough times. Thus, it is essential for him to possess the qualities to be successful in what he's venturing. He may also consider the loss of his business as part of his learning.

What happens to birds that don’t get sold in the pet store?

Answers

they get sold to another shop with higher demand, or become breeding stock

HELP PLZ WILL GIVE BRAINLIEST. Click this link to view O*NET’s Tasks section for Human Resources Managers. Note that common tasks are listed toward the top, and less common tasks are listed toward the bottom. According to O*NET, what are some common tasks performed by Human Resources Managers? Check all that apply.

Answers

Answer:

the awnser to this question is A C D F i promise these are right i had the same question

Explanation:

mark brainliest pls

Answer:
it is A, C, D, F
Explanation:
I just answered it

What degree is needed to be an accountant?
I really, really, really need the answer

Answers

It’s not required but accountants go to college and earn their bachelors degree!

Answer:

bachelor's degree

Explanation:

Although not required, most accountants attend college and earn a bachelor's degree. However, a bachelor's degree in accounting or a related field is considered the minimum education requirement for those who plan to become a CPA.

Jacques designs and produces blankets. The selling price for each blanket is $25. Jacques spends $7.50 on the wool and thread to produce each blanket. For each blanket that Jacques produces, he pays himself $10.


What is the added value for Jacques’ blankets?

please help

Answers

Answer:

$7.50

Explanation:

Added value is the increase in value arising from the production process. It is between the price of the finished good or services and the cost of inputs.

For Jacques's blankets, the cost of inputs will be labor plus materials.

=$7.50 + $10 = $17.50

The selling price is $25.

Added value

= $25- $17.50

=$7.50

The purpose of an electric spreadsheet is to and data in an concise manner

Answers

Answer:

A spreadsheet is a computer application for organization, analysis and storage of data in tabular form. Spreadsheets were developed as computerized analogs of paper accounting worksheets. The program operates on data entered in cells of a table.

Why does a business often reach a point at which adding more resources does not increase productivity or profits at the same rate it used to? (diminishing returns, stages of production)

Answers

Answer:

diminishing returns

Explanation:

Diminishing returns are based on the economic concepts founded on the law of diminishing marginal returns. This law provides that after some optimal production level is achieved, the continuous addition of input will lead to a decreased output rate.

Diminishing returns is when productivity increases at a decreasing rate as more input are used while holding other factors constant. Once productivity arising from an input hits its peak, additional employment of that resource will result in a decreased or negative productivity.  For example, if input labor is added to a factory, new workers will improve productivity until the factory reaches its maximum capacity. Hiring more workers after the factor hits its peak will result in a decline in labor productivity.

You purchased one hundred shares of AT&T stock. The company pays 20 cents per share to each shareholder (That's you!) at the end of this quarter. This money is called:

Answers

Answer:

I believe its the dividend

Explanation:

A dividend payment is the distribution of a company's profits to its shareholders. Dividends are usually paid in cash, but sometimes in company stock, and companies often use them to return profits they don't need for their operations back to investors.

Answer:

Dividends

Explanation:

Soft skills 2 sentences that will help

Answers

Answer:

Include the terms most closely related to the job in your resume, especially in the description of your work history. Highlight Skills in Your Cover Letter: You can incorporate soft skills into your cover letter. Include one or two of the skills mentioned here, and give specific examples of instances when you demonstrated these traits at work

Explanation:

Other Questions
simply the following 2m5m7m Emily realized the sentence contains a pronoun error. Which sentence below corrects the error? A.The pack of wolves returned to his or her den. B.The pack of wolves returned to his den. C.The pack of wolves returned to our den. D.The pack of wolves returned to its den. 8.) What country did Germany attack its way to France? Hurry plzzzz >_ The cat is sleeping.The dog is sleeping.Combine the sentences into one sentence. t a sales volume of 36,500 units, Peres Corporation's sales commissions (a cost that is variable with respect to sales volume) total $576,700. To the nearest whole dollar, what should be the total sales commissions at a sales volume of 35,000 units? (Assume that this sales volume is within the relevant range. Hiii can someone please pleaseeee help me with this. I would really appreciate it! ice cream store marks up price by 16% how much of original price was 1.25 Which statement is TRUE? A) The area of the blue circle is greater than the sum of the areas of the green square and black circle. B) The area of the blue circle is less than the sum of the areas of the green square and black circle. C) The area of the blue circle is equal to the sum of the areas of the green square and black circle. D) The area of the blue circle is twice the sum of the areas of the green square and black circle. explain the relationship between physics and biology How do I put Chlorofluorocarbons in a sentence? PLEASE HELP EASY MULTIPLE CHOICE!!!!!!!!!!! How much water do people lose daily through normal body functions?A.2 bottles of water a day B.4 bottles a day C. 6 bottles a day D. 12 bottles a day please help me solve this!!5x = 3y + 18 3x + 5y = 4 Harriet earns the same amount of money each day. Her gross pay at the end of 7 workdays is 35h+56 dollars. Which expression represents her gross pay each day?5h+88h+57h+11.211.2h+7 What trait typical of the romantic era is featured in Washington Irving's short story "Rip Van Winkle"? Raymond uses the Venmoapp to transfer money tohis friends. He had $6.50.He gave $2.95 to Theresaand received $1.26 fromPeyton. How much moneydoes he have now? Wayne created a dried fruit mix to use on his cereal this week. Heused 7 spoonfuls of raisins for every 3 spoonfuls of dried cherries.If Wayne used 14 spoonfuls of raisins, how many spoonfuls of driedcherries did he use? emilio worked for 19.5 hours he earned 497.25 how much did he earn per hour? HELP ME PLZZ THIS IS DUE TODAY!!!