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Zolol [24]
3 years ago
6

Julie is developing a budget for her firm's IMC program. First she sets objectives. Then she chooses media, and finally she dete

rmines the cost for each product to be promoted. Julie is using the ________ method of establishing an IMC budget.a. track and decode
b. objective-and-task
c. reach and frequency
d. rule-of-thumb
e. sender-receiver
Business
1 answer:
OLga [1]3 years ago
8 0

Answer:

B) objective-and-task

Explanation:

The objective and task method of establishing an integrated marketing communications (IMC) budget is usually the most appropriate budgeting method. The budget is usually prepared by the marketing managers based on the cost of accomplishing the communications objectives. Marketing managers will first establish their communications objectives and then figure out how much it costs to achieve them.

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Lott Company uses a job order cost system and applies overhead to production on the basis of direct labor costs. On January 1, 2
Whitepunk [10]

Answer:

Predetermined manufacturing overhead rate= $1.2 per direct labor dollar

Explanation:

Giving the following information:

Company estimates total manufacturing overhead costs of $882,000 and, direct labor costs of $735,000

<u>To calculate the predetermined overhead rate, we need to use the following formula:</u>

<u></u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Predetermined manufacturing overhead rate= 882,000/735,000

Predetermined manufacturing overhead rate= $1.2 per direct labor dollar

6 0
3 years ago
Applying Excel: Exercise (Part 2 of 2)
Vilka [71]

Answer:

ROI 15%

Residual Income $1,350,000

Explanation:

Residual Income is the difference between net income of the company and the required rate of return. It determines the excess of income generate than the minimum return. The formula to calculate the residual income is,

RI = Net operating Income - (Required rate of return * Cost of operating assets)

RI = $4,500,000 - (21% * $15,000,000 )

RI = $1,350,000

ROI = \frac{Net Operating Income}{Capital Employed}

Capital Employed = Sales - Average operating assets

ROI = 15%

Residual income is positive when the department has meet the minimum return requirement. Minimum return is the return that is required by the company stakeholders. The particular projects and activities are selected on the basis of residual income.  

8 0
4 years ago
Frasquita acquired equipment from the manufacturer on 6/30/2021 and gave a noninterest-bearing note in exchange. Frasquita is ob
Sladkaya [172]

Answer:

$525,000

Explanation:

Calculation to determine what amount would it have recorded the equipment for on 6/30/2021

First step is to calculate the total interest for 10 months;

Based on the information given since the amount of $15,000 was the interest for 6 months in the year 2021 in which the note lasted for 10 months the total interest will be:

Total Interest = 10months/6months x $15,000 Total Interest=$25,000

Now let calculate 6/30/2021 Equipment

6/30/2021 Equipment=$550,000-$25,000

6/30/2021 Equipment=$525,000

Therefore what amount would it have recorded the equipment for on 6/30/2021 is $525,000

3 0
3 years ago
A woman arrives at the clinic for a pregnancy test. The first day of her last menstrual period (LMP) was February 14, 2013. Her
Aneli [31]

Answer:

a) November 21, 2013

Explanation:

The expected date of birth (EDB) would be calculated using Naegele's Rule and it is based on a normal 28 days menstrual cycle. The steps are as follows:

First, we need to identify the first day of the last menstrual period (LMP). Then we would count it back to three calendar months from that date. Finally, we would add 1 year and 7 days to that date.

In which case, the first day of LMP is February 14, 2013. Going back three months the date would be November 14, 2012. Finally, when we add 1 year and 7 days it would bring you to November 28, 2013, as the estimated due date.

5 0
3 years ago
Calculate the annual interest and the semiannual interest payment for the following corporate bond issues with a face value of $
Svetllana [295]

The answer to the question is shown below.

<h3>What is the Interest rate?</h3>
  • In finance and economics, interest is the payment of an amount above the repayment of the principal sum (that is, the amount borrowed) by a borrower or deposit-taking financial institution to a lender or depositor at a specific rate by borrower or deposit-taking financial institution.
  • It differs from a fee that the borrower may pay to the lender or a third party.
  • It is also distinct from a dividend, which is paid by a company to its shareholders (owners) from its profit or reserve, but not at a fixed rate, but rather on a pro-rata basis as a share of the reward gained by risk-taking entrepreneurs when revenue exceeds total costs.

Calculation:

Given -

Annual Interest Rate:

  • 5.75%
  • 6.40%
  • 6.00%
  • 7.55%

So, Annual Interest Rate:

  • 5.75% = 1000 × 5.75%= 57.50
  • 6.40% = 1000 × 6.40%= 64.00
  • 6.00% = 1000 × 6.00%= 60.00
  • 7.55% = 1000 × 7.55%= 75.50

So, Semiannual Interest Amount:

  • 5.75% = 1000 × 5.75%/2 = 28.75
  • 6.40% = 1000 × 6.40%/2 = 32.00
  • 6.00% = 1000 × 6.00%/2 = 30.00
  • 7.55% = 1000 × 7.55%/2 = 37.75

Therefore, the answer to the question is shown below.

Know more about Interest rates here:

brainly.com/question/25793394

#SPJ4

The complete question is given below:

Calculate the annual interest and the semiannual interest payment for the following corporate bond issues with a face value of $1,000. (Round your answers to 2 decimal places.) Find: Annual Interest Amount, and Semiannual Interest Payment

Annual Interest Rate:

5.75%

6.40%

6.00%

7.55%

7 0
2 years ago
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