Marketers must weigh carefully the costs of additional information against the benefit resulting from it.
What are marketers?
A marketer is a person who advertises an organization's products and services. They identify the tactics that can increase sales and revenue while making sure that these tactics are in line with consumer demands and market demands.
Therefore,
Marketers must weigh carefully the costs of additional information against the benefit resulting from it.
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The selling price per hat is mathematically given as
S=$62
<h3>What is t
he selling price per hat?</h3>
Direct labor hours required to produce first 100 hats=10hr
Direct labour cost =20hr*60$/hour = $1200
Other Direct cost =100hats*19$/hat = $1900
Total Direct cost. = $3100
Selling price is 200% of Direct production cost
$3100*200% = $6200
The selling price per hat = $6200 / 100hats
The selling price per hat = $62
In conclusion, The selling price per hat = $62
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Answer:
$56,252
Explanation:
<u />
<u>For the investing activities we should post the proceeds from the sale</u>, not the gain or the book value of the equipment
if there is a gain, then it was sold above the book value by this amount
proceeds - book value = gain
book value: 50,960
gain: 5,292
proceeds - 50,960 = 5,292
proceeds = 50,960 + 5,292 = 56,252
Yeah hurts but you’ll be okay soon enough :) lol