After an organization has determined which of the many segmentation variables it will use, the next step in the target market selection process is to develop the market Segment Profiles.
<h3>How to determine the
segmentation of variables</h3>
Segmentation of variables is defined as the characteristics of people that are used to determine their similarity.
Some of the important steps needed for the target market are:
- Step 1: Identification of the appropriate targeting strategy.
- Step 2: Determination of the segmentation Variables to Use.
- Step 3: Development of market Segment Profiles.
- Step 4: Evaluation of the relevant Market Segments.
- Step 5: Selection of the specific Target Markets.
Based on the listed test, we can conclude that after an organization has determined which of the many segmentation variables it will use, the next step in the target market selection process is to develop the market Segment Profiles.
Learn more on market Segment Profiles here: brainly.com/question/2889076
Answer: Too large
Explanation:
Thw following information can be gotten from the question:
d = 50 pairs per week
S = ordering cost = $20 per order
H = holding cost = 20% × $40 = $8
n = 52 weeks
D = Annual demand = 50 × 52 = 2600
We'll then calculate the economic order quantity which will be:
= ✓2DS/H
= ✓2×2600×20/8
= ✓13000
= 114 units
Therefore, the current lot size of 235 is too large
Answer:
The Service revenue should be recorded on June 30, 2016 adjusting entry is $6,000
Explanation:
According to the given data Service revenue = $12,000 per month
Since services will begin from June 16, thus on June 30, service revenue should be recorded for half month only.
We would calculate the Half month service revenue as follows:
Half month service revenue = $12,000 x 1/2
Half month service revenue
= $6,000
Therefore the Service revenue should be recorded on June 30, 2016 adjusting entry = $6,000
Answer:
$42,000
Explanation:
The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.
The net change in cash is as a result of the flow of cash within these activities.
Given that cash inflows from operations of $64,000; cash outflows from investing activities of $48,500; and cash inflows from financing of $26,500,
Net change in cash
= $64,000 - $48,500 + $26,500
= $42,000
Answer:
c. raw materials inventory.
Explanation:
The journal entry to record the indirect material used in the production is given below:
Manufacturing overhead Dr XXXXX
To Raw material XXXXX
(Being the indirect material used is recorded)
Here the manufacturing overhead is debited as it increased the expense while the raw material is credited as it decreased the assets
Therefore the option c is correct