Answer:
A trade area is a geographical area or international region in which a commercial enterprise transacts business. Also known as market area, it is a company's 'commercial territory'. A business' trade area represents a location where all or most of its sales volume occurs.
Explanation:
Answer:
a. I will hire three new salespeople prior to our next product release.
Explanation:
Smart goals are specific, measurable, attainable, result oriented and time bound. When a new product is released, new sales person will help boost sales of the product. The sales person will inform customers about the new product features and specifications. The customers will be able to choose the product based on their preference.
Answer and Explanation:
1. The computation of plantwide predetermined overhead rate is shown below:-
(Fixed manufacturing overhead cost ÷ Machine-hours) + Variable manufacturing overhead cost per machine-hour
= ($651,000 ÷ 159,000) + $4.60
= $8.69
2. The total manufacturing cost assigned to Job 400 is shown below:-
Total manufacturing cost assigned to Job 400 = Direct material + Direct labor + Manufacturing overhead
= $370 + $300 + (34 × $8.69)
= $370 + $300 + $295.46
= $965.46
3. The unit product cost is shown below:-
Unit product cost = Total manufacturing cost assigned to Job 400 ÷ Number of units
= $965.46 ÷ 60
= $16
4. The selling price per unit is shown below:-
Selling price per unit = Unit product cost + (Unit product cost × markup percentage)
= $16 + ($16 × 120%)
= $16 + $19.2
= $35.2 per unit
5. As the absorption costing method is chosen so it also considered the fixed also it fails to generate the good analysis for variable costing
Answer:
False
Explanation:
It depends on what you have learned
<span>The market refers to the buying and selling abilities within a ocal, state, or national economy.</span>
