Answer:
1. Test market
2. Buzz or Word of Mouth Marketing
Explanation:
1. Test market is made up of a particular group of people who are used in checking feasibility of a product before bringing it out to the larger or general market. They are used to check how the general market would perceive the product once release. It is used in measuring consumer's response to a new product before introducing it to the larger market.
2. Buzz marketing involves or rather refers to the situation whereby a satisfied consumer/customer passes along information pertaining to a particular product to another consumer/customer. It is a situation whereby a person recommends the use of a particular products to another customer. It involves using word of mouth marketing to works in one's favour.
Answer:
Daun’s first year of operation
Income statement
Sales Revenues $250,000
Less
Cost Of Sales $ 140,000
Less
Expenses $ 2820
Warranty Claims 5000
Net Income 102,180
Daun’s first year of operation
Cash Flows statement
Net Earnings $250,000
Less
Cash Paid for
Inventory Costs $ 140,000
Replacements $ 2820
Net Income 107,180
Answer:
$18,000 F
Explanation:
Actual overhead– Overhead Budgeted=
Overhead Controllable Variance
Actual overhead=$194,000
Overhead Budgeted=$212,000
$194,000–$212,000
=$18,000 F
(40,000 ×$3.80) + $60,000
=$152,000+$60,000
= $212,000
Therefore the manufacturing overhead controllable variance is $18,000 F
Answer:
telecommuting
Explanation:
Telecommuting is also generally referred to as teleworking and it can be defined as an act which typically involves the process of completing a job function, tasks or work assignments through the use of the internet and in a location other than the office itself.
In this scenario, Nicole works from home full-time for a non-profit organization. She receives work from and sends work to the office via a computer and modem. Thus, this is an example of telecommuting.
Answer:
<u>Dietz corporation cash budget for the first quarter </u>
Total Receipts :
Collections from Customers $199,800
Receipts from Sale of Equipment $3,240
$203,040
Total Payments :
Direct materials $46,440
Direct labor $75,600
Manufacturing overhead $37,800
Selling and administrative expenses $48,600
Purchase of securities $15,120
$223,560
Net Receipts/(Payments) ($20,520)
Opening Balance $32,400
Closing Balance $11,880
Required Balance $27,000
Loan (Shortfall) $15,120
Explanation:
A cash Budget shows the future estimate of future cash incomes and cash expenditures.
