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AysviL [449]
2 years ago
5

What is the value to a start up business of using primary marketing research

Business
1 answer:
KengaRu [80]2 years ago
7 0

Answer:

By conducting primary research using unbiased panellists, entrepreneurs can gain the latest information about the consumer's wants and needs, allowing them to adapt their product or service accordingly and gain a competitive advantage.

Explanation:

You might be interested in
"if Washburn achieves the sales target of 2,000 units at the $349 retail price, what will its profit be?"
dybincka [34]

Answer: $370,000

Explanation:

Your question isn't complete as there were some further questions asked before getting to this question.

The profit from 2,000 units at $349 will be:

Profit = Total revenue – Total cost

Total revenue = (P x Q)

= $349 x 2000

= $698000

Total cost = [FC + (UVC x Q)]=

= [$38,000 + ($145 x 2,000)]

=$38000 + $290000

= $328000

Profit = Total revenue - Total cost

Profit = $698000 - $328000

Profit = $370000

5 0
3 years ago
Presented below is information related to Splish Company. Cost Retail Beginning inventory $362,797 $286,000 Purchases 1,370,000
KiRa [710]

Answer:

$200,455

Explanation:

For calculating the inventory by the conventional retail inventory method. we required to do the following computations which are shown below:

Using cost method

Goods available for sale:

= Beginning inventory + Purchases

= $362,797 + $1,370,000

= $1,732,797

Using retail method

Goods available for sale:

= Beginning inventory + Purchases  + Net markups - Net markdowns

= $286,000 + $2,145,000 + $80,300 - $27,800

= $2,483,500

Now

Cost to retail ratio = $1,732,797 ÷ ($286,000 + $2,145,000 + $80,300)

                             = $1,732,797 ÷ $2,511,300

                             = 0.69

Now

Estimated ending inventory at retail

= Goods available for sale under Retail method - Sales revenue

= $2,483,500 - $2,193,000

= $290,500

So,

Estimated ending inventory at cost:

= Estimated ending inventory at retail × Cost to retail ratio

= $290,500 × 0.69

= $200,455

5 0
3 years ago
Intermediate and deep earthquakes occur along ____________.
Mekhanik [1.2K]
I think the answer is convergent plate boundaries, but I am not positive. hope this helps :)
4 0
3 years ago
Aztec industries produces bread which goes through two operations, mixing and baking, before it is ready to be packaged. next ye
solniwko [45]
Given the table showing <span>next year's expected costs and activities below:

\begin{tabular}&#10;{|C||C|C|}&#10; & Mixing & Baking\\[1ex]&#10;Direct labor hours&411,000 DLH&91,000 DLH\\&#10;Maching hours&811,000 MH&811,000 MH\\[1ex]&#10;Overhead costs&\$534,300&\$411,000&#10;\end{tabular}

Pard A:

</span><span>Aztec's departmental overhead rate for the mixing department based on direct labor hours is given by the mixing department's overhead cost divided by the mixing department's direct labor hours.

Thus, </span><span>departmental overhead rate for the mixing department based on direct labor hours is given by:

\frac{\$534,300}{411,000\ DLH} =\bold{\$1.30\ per\ DLH}



Part B:

</span>Aztec's departmental overhead rate for the baking department based on direct labor hours <span>is given by the baking department's overhead cost divided by the baking department's direct labor hours.

</span><span>Thus, <span>departmental overhead rate for the baking department based on direct labor hours is given by:

\frac{\$411,000}{91,000\ DLH} =\bold{\$4.52\ per\ DLH}



Part 3:

</span></span>Aztec's departmental overhead rate for the baking department based on machine hours <span>is given by the baking department's overhead cost divided by the baking department's machine hours.

</span><span>Thus, <span>departmental overhead rate for the baking department based on machine hours is given by:

\frac{\$411,000}{811,000\ MH} =\bold{\$0.51\ per\ MH}</span></span>
7 0
4 years ago
The following information has been provided for the City of Elizabeth for its fiscal year ended June 30. The information provide
Cerrena [4.2K]

Answer

The answer and procedures of the exercise are attached in a microsoft excel document.  

<em />

<em>You didn´t post the complete information of the exercise, I searched the exercise online and tried to ask the most useful question.</em>

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

Download xlsx
7 0
3 years ago
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