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Crazy boy [7]
3 years ago
9

A firm gathers ________ data by conducting surveys, interviewing customers, or mailing out questionnaires

Business
1 answer:
Arlecino [84]3 years ago
3 0
The best answer of the missing word in the sentence is primary. In marketing research, there are two types of data that a firm can use the primary data and the secondary data. The primary data is a type of data where researchers are gathering information for a specific purpose of the study. And the strategy in collecting the data is by survey, interviews and direct observation. The primary instrument is the researcher. 
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A job specification is: a. a group of related activities and duties. b. a statement of the knowledge, skills, and abilities requ
PSYCHO15rus [73]

Answer:

a statement of the knowledge, skills, and abilities required of a person to perform a job.

Explanation:

A job specification is a written statement that describes btge educational qualifications, experience, technical skills, and communication skills required to perform a job. Also responsibilities that are required on a job are stated.

A job specification is different from a job description which is a set of different duties and responsibilities performed by one employee.

7 0
3 years ago
According to an article in marketing news, fewer checks are being written at grocery store checkout stands than in the past. to
timofeeve [1]
<span>Given:
check written        year 1         year 2        year 3
yes                         225            175             125
no                          275            325              375 


</span><span>The expected number of shoppers who pay by check in year 1 if there is no difference in the proportion of shoppers who pay by check among the three years is 175.

Each year has 500 customers, and its proportion of customers paying in check gradually decreased from 45% to 25%. If there is no difference in proportion, I am assuming that the data is averaged. Thus, (225+175+125) / 3 = 525 / 3 = 175.</span>
8 0
3 years ago
Which is the study of the evolution of behaviors, emphasizing the role of ecological factors as agents of natural selection?
max2010maxim [7]

Answer: Behavioural ecology.

Explanation:

Behavioural ecology is the study of how individuals behaves and interacts with each other within a particular society or community coupled with their evolutionary trend, this study looks into how a given population cooperates and competes with each other and how it affects evolutionary fitness in species. The study of behavioural ecology helps one to understand biological adaptation, how and where organism gets their food and how they escape from their preys, how they cope with unfavourable conditions, reasons why they migrate, etc.

5 0
3 years ago
Read 2 more answers
Real Cool produces two different models of air conditioners. The company produces the mechanical systems in their components dep
brilliants [131]

Answer:

1. Plantwide Overhead Rate $ 220.06 per machine hour

Total Cost per Unit= Model 145 $ 555.96 per unit

Total cost per unit = Model 212 $ 616.94 per unit

Profit (loss)    Model 145  219.04

Loss Model 212  (26.94)

Explanation:

Real Cool

<u>Process Activity               Overhead Cost         Driver         Quantity</u>

<u><em>Components </em></u>

Changeover                      $452,000    Number of batches    750

Machining                             300,200        Machine hours      7,640

<u>Setups                                229,000        Number of setups      40</u>

                                          $981,200

<u><em>Finishing</em></u>  

Welding                         $180,100            Welding hours         3,600

Inspecting                     231,000       Number of inspections    850

<u>Rework                         81,250              Rework orders             210</u>

                                   $472,350

<u><em>Support </em></u>

Purchasing                $136,500           Purchase orders           480

Providing space          30,300          Number of units          4,500

<u>Providing utilities        50,910            Number of units          4,500</u>

                                  $227,710

Additional production information concerning its two product lines follows.

                                        Model 145           Model 212

Units produced                   1,500                  3,000

Welding hours                    1,400                   2,200

Batches                                 375                       375

Number of inspections          610                       340

Machine hours                       2,290                    6,350

Setups                                      20                             20

Rework orders                         80                             130

Purchase orders                    320                            160

We find the plantwide overhead rate by dividing the total overhead with the total machine hours.

1. Plantwide Overhead Rate= Total Factory Overhead/ Total Machine Hours

Plantwide Overhead Rate= $981,200+ $472,350+$227,710/7640

                                       = 1681260/7640= $ 220.06 per machine hour

We multiply the machine hours of each model to get the overhead .

2.  Cost of Model 145

Materials and Labor  = $220 *1500= $330,000

Overhead = $220.06 *2290= $503,937.4

Total Cost = $83,3937.4

Total Cost per Unit= $83,3937.4/1500= $ 555.96 per unit

Cost Of Model 212

Materials and Labor  = $150 *3000= $ 450,000

Overhead = $220.06 *6350= $ 1400,810

Total Cost = $ 1850810

Total cost per unit = $ 1850810/ 3000= $ 616.94 per unit

We find the profit or loss by subtracting the mfg cost from the market value.

3.                                        Model 145          Model 212

Market Price                     $775                     $590

<u>Manufacturing Cost          ($555.96)               ($616.94)</u>

<u>Profit (loss)                          219.04                      (26.94)</u>

6 0
3 years ago
Information related to Kerber Co. is presented below.1. On April 5, purchased merchandise from Wilkes Company for $23,000, terms
diamong [38]

Answer: please refer to the explanation section for journals and notes

Explanation:

1 April

DR Inventory 23000

CR       Trade Payable    23000

inventory is purchased on Free on Board Shipping terms, risks and Ownership of inventory  transfers to Kerber Co the moment Wilkes company ships the inventory. inventory must be recognised

6 April

DR Freight costs 900

CR        Bank              900

DR Inventory   900

CR       Freight costs   900

Kerber Co Paid Freight costs of $900. There are two events happening in this transaction  being the payment of freight costs and the capitalisation of freight costs. Freight costs are capitalised  (included in the value of inventory) as they are costs necessary to get the inventory in to the premises of the customer (Kerber Co).

7 April

DR Equipment  26000

CR       Creditor/Liability 26000

Kerber Co purchase inventory on credit. equipment is debited because Equipment is an asset  and liability is credited.

8 April

DR Trade Payable 3000

CR    inventory              3000

Damaged inventory returned will decrease inventory balance and also decrease the amount owed to the creditor (Wilkes Company) . Trade Payable account is Debited and inventory account is credited to record the decrease in inventory and amount payable

15 April

DR Trade Payable 20000  

CR       Bank                    20000

23000 - 3000 = 20 000

recording payment made to the Creditor for inventory purchased or settlement of the trade payable account  

5 0
3 years ago
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