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2 years ago

When consumers believe that various items provide the same set of attributes, brand _________ results.

1 answer:

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When consumers believe that various items provide the same set of attributes, brand recognition results. The degree to which a consumer can correctly identify a specific good or service only by looking at its logo, tagline, packaging, or marketing campaign is known as brand recognition.

An aural cue, such as a jingle or theme tune related to a brand, can also cause brand recognition. For instance, if you see the pink and orange Dunkin Donuts lettering up ahead, you would immediately recognize it as Dunkin Donuts even before you could make out the words. Identify a brand without being explicitly exposed to its name by using visual.

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Gullett Corporation had $30,000 of raw materials on hand on November 1. During the month, the Corporation purchased an additiona

Bogdan [553]

Answer:

The journal entry to record the purchase raw material would include a debit to raw material of $79000 and credit to Raw materials of $109000..

Explanation:

Since the raw material is coming into the company, we have debit raw material and the opening balance is already there in the books of the business. hence raw materials increases.

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3 years ago

You buy a watch that costs $45.50. The tax on the watch is 7.5%. What is the final cost?

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Answer:

$48.9125

Explanation:

7.5% of 45.50 is 3.4125

3.4135+45.50=48.9125

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3 years ago

Innovation takes dedicated effort and resources, and organizations that are successful at it tend to be set up in ways that natu

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Answer:

a. True

Explanation:

Innovation is an essential concept for today's companies, which need to position themselves and stand out in a globalized and highly competitive market.

Therefore, it is correct to say that innovation is a strategy that companies use to develop their processes and organizational systems, in order to keep up to date with market and consumption patterns, exceeding the expectations of their stakeholders. Despite demanding continuous effort and resources, innovation starts to be naturally increased in the companies that develop it, because it impacts the organizational culture in a positive way, generating greater creativity, productivity and continuous improvement of all organizational processes, which impacts on the positioning of the company in the market and its profitability.

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3 years ago

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2 years ago

Winkle Corporation uses the FIFO method in its process costing system. Beginning inventory in the mixing processing center consi

Mice21 [21]

Answer:

d. 6,700 units

Explanation:

The computation of the equivalent units for conversion cost by using the FIFO method is shown below:

= Beginning inventory units × remaining percentage + units started and completed + ending inventory units × completion percentage

= 5,000 × 10% + (10,000 - 5,000) + 2,000 × 60%

= 500 + 5,000 + 1,200

= 6,700 units

We simply applied the above formula

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3 years ago