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zvonat [6]
3 years ago
11

When steve discusses the "buyer for outdoor" and the "buyer for running," what does he mean?

Business
1 answer:
andre [41]3 years ago
4 0

In this video, Steve means that the people who discuss the "buyer for outdoor" and the "buyer for running, are the people who determine the product mix for each of the categories. Product mix is also known as product assortment. The product mix is the total amount of product lines a company offers its customers.

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Bovine Company, a wholesale distributor of DVDs, has been experiencing losses for some time, as shown by its most recent monthly
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Solution :

Particulars                   \text{Total company}          \text{South  }           \text{Central}          \text{North}

Sales                           $1,500,000              $400,000      $600,000     $500,000

Variable expenses        588,000                208000       180000     200000

Contribution margin      912000                  192000        420000    300000

Traceable fixed          770,000                    240,000      330,000    200,000

expenses          

Geographic market      142,000          -$48000              $90000       $100000

segment expenses

Common fixed

expenses not traceable

to geographic markets

Net operating income

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In discussing inventory, helena mentions that bikinis for sale on the website are not always in stock. say customer feedback ind
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Alex applies for a home loan. The bank asks him to furnish a document as residential proof for processing the loan. Which docume
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The following information is available for the first month of operations of Bahadir Company, a manufacturer of mechanical pencil
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Answer:

COGS = 187,370‬

ending finished goods = 37,300

Direct Materials used  =  119,970

Labor =    26,070

ending WIP  =  33,690

Explanation:

Sales - COGS = gross Profit

449,330 - COGS = 261,960

449,330 - 261,960 = COGS = 187,370‬

Cost of goods manufactured 224,670

less Cost of Goods Sold of    (187,370)

ending finished goods            37,300

Materials purchased            138,390

Materials inventory, ending<u> (18,420)</u>

Direct Materials used            119,970

Materials + Labor + Overhead = COGM

119,970 + Labor + 97,500 + 14,820 = 258,360

Labor = 258,360 - 232,290

Labor =    26,070

Then Cost added less Cost of Goods Manufacured = ending WIP

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