Answer:
People bought the product to eat during the game
Explanation:
Super Bowl parties are an American staple. People buy snacks in bulk before the Super Bowl to serve at their parties. Therefore, this is the answer that makes the most sense.
Answer:
The actual overhead cost for manufacturing is $21700
Explanation:
Given data:
Pre determine overhead cost = $6
Number of hour of direct labor = 3200 hr
Under applied overhead = $2500
actual manufacturingg overhead cost can be determined as
![actual\ overhead\ cost = [pre-determned\ overhead\ cost \times direct\ labor\ hours] + applied\ overhead](https://tex.z-dn.net/?f=actual%5C%20overhead%5C%20cost%20%3D%20%5Bpre-determned%5C%20overhead%5C%20cost%20%5Ctimes%20direct%5C%20labor%5C%20hours%5D%20%2B%20applied%5C%20overhead)
putting all value to get the required value of actual overhead cost
actual overhead cost ![= [$6 \times 3200 hr] + $2500](https://tex.z-dn.net/?f=%3D%20%5B%246%20%5Ctimes%203200%20hr%5D%20%2B%20%242500)

= $21700
The actual overhead cost for manufacturing is $21700
Answer:
Fixed costs= $9,021.27
Explanation:
Giving the following information:
April 922 $ 17,912
May 983 $ 18,300
June 928 $ 17,965
July 912 $ 17,810
August 934 $ 17,994
September 919 $ 17,880
October 936 $ 18,032
November 876 $ 17,290
December 915 $ 17,838
<u>To calculate the variable and fixed component, we need to use the following formulas:</u>
<u />
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (18,300 - 17,290) / (983 - 876)
Variable cost per unit= $9.4392
Fixed costs= Highest activity cost - (Variable cost per unit * HAU)
Fixed costs= 18,300 - (9.4392*983)
Fixed costs= $9,021.27
Fixed costs= LAC - (Variable cost per unit* LAU)
Fixed costs= 17,290 - (9.4392*876)
Fixed costs= $9,021.27
Answer:
Niche cost leader strategy
Explanation:
In simple words, A niche cost pioneer or leader aims to exploit consumer markets that are price responsive. Its objective is to undercut all rivals' costs while remaining sustainable. Under this business strategy, the producer try to create a strong customer base by offering lower prices as it is the best motivation for the customer to try a specific product.
Thus, from the above we can conclude that the correct answer is niche cost leader.