Answer:
$114 unfavorable variance
Explanation:
Austin produced 510 chairs:
estimated machine hours actual machine hours
2,040 hours 2,100
estimated variable overhead actual variable overhead
$11,016 $11,130
the variable overhead efficiency variance is $11,016 - $11,130 = -$114
a negative number means that the variable variance is $114 unfavorable
Answer:
B, For a partnership, it is calculated at the entity level.
Explanation:
For a partnership, it is calculated at the entity level. This is to ensure that double income computation is avoided.
Rolex uses a <u>"single-segment"</u> strategy.
The single segment strategy includes the utilization of just a single marketing mix for one market segment.
The single segment strategy in advertising guarantees that a producer chooses one section of the market and just supplies that segment.One or every one of the products created by an advertiser are sold to just who meet the attributes of that single segment.
Answer:
Loyalty Programs
Explanation:
Loyalty program - a set of marketing activities for the development of repeated sales to existing customers in the future, selling them additional goods and services, promoting corporate ideas and values, and other types of potentially profitable behavior. It is carried out mainly at the stage of maturity of the product life cycle.
A typical example of a company’s loyalty program is a discount card, with further purchases using a discount card, discounts can be provided, including on a funded system, and there may also be bonus and gift systems. In addition, upon receipt of such cards, as a rule, a questionnaire is filled out, which indicates the recipient’s contacts, which gives the organization the opportunity to notify the buyer of new and potentially interesting products and services.
For automated analysis of client behavior and management, CRM systems are used. With an in-depth analysis of data on purchases made by the client, it is possible to identify goods and services in which the client is potentially interested. For example, an online store, based on an analysis of customer purchases, may show an authorized user a list of recommendations - products that may interest him. In stores using RFID technology, it is planned to introduce similar services
Answer and Explanation:
The journal entry is shown below;
Cash $656,600
Factoring charges (2% of $670,000) $13,400
To Trade Receivables $670,000
(Being recording these receivables)
Here cash and factory charges is debited as it increased the assets and expense while the trade receivable is credited as decreased the assets