Answer:
<em><u>The answer is</u></em>: <u>A marketing plan.</u>
Explanation:
A marketing plan <em>is a document that companies make and that collects among others:
</em>
1.-Main objectives for that year.
2.-Market and company situation.
3.-Definition of the company's customers.
4.-Main campaigns to be carried out and the expected objective of each campaign.
5.-Annual action plan.
<em><u>The answer is</u></em>: <u>A marketing plan.</u>
Answer:
true statement and very helpful
Answer:
50 Months
Explanation:
If there is no compound interest it would be 50 Months. You would divide 250,000 by 5,000 to get the months.
Answer:
D) Johnson has failed to use the correct cost driver as the cost-allocation base for setup costs.
Explanation:
One of the main disadvantages of ABC costing method is that it is very hard and expensive to implement, and sometimes you cannot allocate all overhead costs to specific cost drivers. That is what happened here with Johnson's costing method, they combined two cost drivers and allocated resources using the number customer orders which is not a valid base, e.g. one single large order represents higher costs than 10 small orders.
ABC costing is not accepted by US GAAP due to its limitations or how hard it is to apply correctly, but it is a very useful information source for making decisions. The problem is, if gathering the information is worth the effort and extra cost of ABC?