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Higher benifits and Lower Costs
The marketing function that this scenario best describes is marketing research, which is performed to collect data that will assist in the development of the company's marketing strategy.
We can see that Five-A-Day conducts marketing research by creating advertising campaigns that encourage the consumption of its products to its target audience, which are children.
Therefore, marketing research is an essential step for companies to segment their market through important information about the consumer's profile, preferences and needs.
In this way, the company makes better strategic decisions to increase its market position.
The correct alternative is letter E.
Find out more information about marketing research here:
brainly.com/question/24906199
Complete Question:
Incurring an expense for advertising on account would be recorded by:
Group of answer choices
A) Debiting a liability account.
B) Crediting an asset account.
C) Debiting an expense account.
D) Debiting an asset account.
Answer:
C) Debiting an expense account.
Explanation:
Incurring an expense for advertising on account would be recorded by debiting an expense account.
This ultimately implies that, when a business firm incurs an expense such as on advertising its goods or services, the appropriate account on the balance sheet to record this will be to debit the advertising expense account and then credit the account payable.
Answer:
1. Calculation of the Cost of the Tramel Job
Particulars Amount
Direct material cost $2,300
Direct labor cost $500
Overhead applied <u>$650 (</u>500*130)
Total cost of job <u>$3,450</u>
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2. Particulars Debit Credit
Overhead Cost $1,300
To materials $800
To Labour $500
3. The Cost of the Tramel Job will not be affected