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rewona [7]
3 years ago
8

Cleanz inc., a toiletries manufacturing firm, has launched a new range of organic sanitizing wipes. it wants to test its consume

rs' reactions to this new product in an economical way. therefore, cleanz sends out flyers to a few selected members of the target market advertising several of its products along with the new product. besides this, it also takes the members to a mock shop and monitors their shopping behavior. in this scenario, cleanz is using _____.
Business
1 answer:
vodomira [7]3 years ago
3 0

Based on the scenario, Cleanz Inc., is using the stimulated market testing. Stimulated marketing testing is a technique in marketing research in which they are engaging to having consumers to be exposed with purchasing decisions and staged advertising in a way of having to observe the consumers reaction to the product.

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Locus Company has total fixed costs of $117,500. Its product sells for $53 per unit and variable costs amount to $43 per unit. N
Sholpan [36]

Answer:

12,925 units

Explanation:

Given,

Fixed expense = $117,500

If pretax income is 10% of fixed cost, the expected net operating income = $117,500 × 10% = $11,750.

Contribution margin per unit = $53 - $43 = $10.

We know,

Expected sales (units) = (Fixed expense + Target profit) ÷ Contribution Margin per unit

Expected sales (units) = ($117,500 + $11,750) ÷ $10

Expected sales (units) = $129,250 ÷ $10

Expected sales (units) = 12,925 units

As there is no information related to the next year, we will use current year information to find expected sales volume.

3 0
3 years ago
Kramer Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the followin
mr_godi [17]

Activity Cost Pool Estimated Overhead Cost is $1,125,400

(a) Estimated Activity

(b) Activity Rate (a ÷ b)

Labor Related $48,000  30,000 DLHs           $1.60 per DLH

Machine Related $67,500  10,000 MHs              $6.75 per MH

Machine Setups $90,000      600 Setups                $150 per Setup

Production Orders $112,000     3,500 Orders              $32 per Order

Product Testing $59,400       1,800 Tests                 $33 per Test

Packaging $76,500         4,500 Packages          $17 per Package

General Factory $672,000 30,000 DLHs  $22.40 per DLH

Total $1,125,400  

Activity Rate = Estimated Overhead Cost / Estimated Activity

Activity Rate of Labor Related = $48,000 / $30,000

= $1.60 per DLH

Activity Rate of Machine Related = $67,500 / 10,000

= $6.75 per MH

Activity Rate of Machine Setups = $90,000 / 600

= $150 per Setup

Activity Rate of Production Orders = $112,000 / 3,500

= $32 per Order

Activity Rate of Product Testing = $59,400 / 1,800

= $33 per Test

Activity  Rate of Packaging = $76,500 / 4,500

= $17 per Package

Activity Rate of General Factory = $672,000 / 30,000

= $22.40 per DLH

Learn more about Activity Rate brainly.com/question/5143419

#SPJ4

4 0
2 years ago
Selkirk Company obtained a $12,000 note receivable from a customer on January 1, 2021. The note, along with interest at 10%, is
adoni [48]

Question:

Lets complete the question as thus

Selkirk Company obtained a $12,000 note receivable from a customer on January 1, 2021. The note, along with interest at 10%, is due on July 1, 2021. On February 28, 2021, Selkirk discounted the note at Unionville Bank. The bank’s discount rate is 12%.

How much proceed would Selkirk

Answer:

Proceeds from discounting =$11,970

Explanation:

<em>To calculate the proceeds, the gross proceed less the discount charged by the bank. The gross proceed is the total amount that would have been received should the note is held to maturity.</em>

<em>Proceeds = Gross proceed - Discount charges</em>

The note maturity period = 6 months, January 1 to July 1

Gross proceed= P + (P×R×T)

P- 12,000 R- 10%, T- 6/12

Gross proceed = 12,000+ (12,000× 6%× 10/12)= $12,600

Discount charges = Gross proceed × discount rate × time to maturity

Time to maturity at the date of discounting = 6 - 1 = 5 months

February 28  to July 1

Discount rate - 12%, Time- 5/12

12600× 5/12× 12% = $630

Proceeds to be received

= $12,600- $630

= $11,970

3 0
3 years ago
_____ is a financial asset that cannot be directly used as a medium of exchange but can be readily converted into cash or checka
shusha [124]

Answer: The correct answer is "near moneys".

Explanation: <u>near money is a financial asset that cannot be directly used as a medium of exchange but can be readily converted into cash or checkable bank deposits.</u>

It is a term that in finance is used to refer to an asset that despite not being usable money as a medium of exchange, has a high degree of liquidity, that is, it has the facility to quickly become cash.

3 0
3 years ago
Most goods in the economy are _____.(A) a natural monopolies. (B) public goods.(C) common resources. (D) private goods.
Angelina_Jolie [31]

Answer:

(D) private goods.

Explanation:

Goods is a material that, in economic theory, satisfies people's wishes and provides usefulness. Goods and services are different. In economic theory all goods are considered material, but in reality such goods as information (or information) are non-material goods. For example, although Apple is a tangible asset among other commodities, news is related to non-material class goods and can only be perceived through tools such as Computer and Printing. Material goods such as apples differ from non-material goods as information in terms of the impossibility of a person to keep the other physically, while the former occupies a certain physical area. Intangible goods differ from services in the sense that they are transferable or sold. Price elasticity also differentiates the types of goods. Elastic goods are commodities where there are major changes in quantities due to small changes in the price and, therefore, relate to the family of substitute goods; For example, consumers will prefer to buy pencils, such as pencil shields. Intangible goods are few and no substitutes, such as racing tickets, artist's original work, and medical supplies such as insulin. Complementary goods are more elastic than substitutes. It depends on which commodity is substituting or complementary to other goods.

Private goods are both excludable and rival in consumption. Most goods in the economy are private goods. A private commodity or goods is a product to be purchased for consumption and prevents the consumption of another by one person. In other words, when there is competition between people for the sake of good, good is something special or private, and consuming good prevents one from consuming it.

5 0
4 years ago
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