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3 years ago

Brand differences are worth promoting if they satisfy certain criteria. What are these criteria? Briefly describe each of them.

Business

1 answer:

Gennadij [26K]3 years ago

5 0

Answer:

Brand differences are worth promoting if they satisfy following criteria.

*They should be meaningful for the customers. Customers should relate to them.

*Brand differences should be useful from the customer's point of view.

*They should be clearly different from the competitors.

*They should be easily communicable to the customers.

*They should be unique and exciting as well.

*They should be easily memorable too.

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A produce distributor uses 774 packing crates a month, which it purchases at a cost of $12 each. The manager has assigned an ann

ki77a [65]

Answer:

$444.42

Explanation:

For computing the saving amount, first need to calculate the economic order quantity, total cost etc

The economic order quantity is

$= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}$

where,

Annual demand is

= 774 packaging crates × 12 months

= 9,932 crates

And, the carrying cost is

= $12 × 34%

= $4.08

$= \sqrt{\frac{2\times \text{9,288}\times \text{\$29}}{\text{\$4.08}}}$

= 363.37 crates

Now the total cost is

= Annual ordering cost + Annual carrying cost

= Annual demand ÷ Economic order quantity × ordering cost per order + Economic order quantity ÷ 2 × carrying cost per unit

= 9,288 ÷ 363 × $29 + 363 ÷ 2 × $4.08

= $742.02 + $740.52

= $1,482.54

Now the total cost in case of 774 packing crates is

= Annual ordering cost + Annual carrying cost

= Annual demand ÷ Economic order quantity × ordering cost per order + Economic order quantity ÷ 2 × carrying cost per unit

= 9,288 ÷ 774 × $29 + 774 ÷ 2 × $4.08

= $348 + $1,578.96

= $1,926.96

So, the annual saving cost is

= $1,926.96 - $1,482.54

= $444.42

6 0

3 years ago

Porter Company uses standard costs for its manufacturing division. Standards specify 0.1 direct labor hours per unit of product.

kkurt [141]

Answer:

1,370.85 Unfavorable

Explanation:

Standard rate :

= Budgeted variable overhead costs ÷ Budgeted direct labor hours

= $13500 ÷ 640

Direct labor hours = $21.09 per direct labor hour

Standard time to produce goods :

= Budgeted direct labor hours ÷ Production volume

= 640 ÷ 6,400

= 0.10 hours

VOH Efficiency Variance

= ( SH − AH ) × SR

where,

SH are standard direct labor hours allowed

AH are the actual direct labor hours

SR is the standard variable overhead rate

(SH − AH ) × SR

= [(4,200 × 0.10) - 485] × $21.09

= (420 - 485) × $21.09

= 1,370.85 Unfavorable

5 0

3 years ago

Aden is a small engine mechanic who earns a regular hourly rate of $15.68. For overtime, he earns time and a half on Saturdays a

Snowcat [4.5K]

Answer:

$1,034.88

Explanation:

Aden total pay will be

regular hours worked x regular pay

=40 hrs x $15.68

=$627.2

Overtime hours

Saturday rate :$15.68 x 1.5 =$23.52

Hours worked on Saturday= 8 hrs

Saturday pay = $15.68 x 8

=$188.16

Sunday rate : $15.68 x 2= $31.36

Hours worked on Sunday = 7

Sunday pay = $31.36 x 7

=$219.

Total pay =$627.2 + $188.16 +$219.52

=$1,034.88

3 0

3 years ago

Organizations in the United States such as the National Association for the Advancement of Colored People (NAACP) and the Nation

insens350 [35]

Answer: B. classification is a political issue—these groups fear that their political clout will decline if their numbers go down

Explanation:

These organisations fear that their numbers will go down because should a multiracial category be added, they will have less people classified as the races their organisation caters for. More numbers in an organisation means greater power and influence and we've seen this when large trade unions hold entire companies hostage simply because they have the numbers.

A great example would be the Ikwere people of Southern Nigeria. They share a common ancestry with the Igbos of Eastern Nigeria and generally have very similar customs. Even the language is similar and they had always been considered Igbo until after the Civil War in Nigeria broke out with the Igbos being the main rebels. With the Civil war concluded, the Federal Government officially recognized the Ikwere as an ethic group independent of the Igbo. The Ikwere occupied crude oil rich areas and this recognition therefore robbed the Igbo of valuable lands and political clout.

Whilst not strictly the same as these organisations losing people to the multiracial category, it shows what can happen to an organisation should their numbers decrease

6 0

3 years ago

Windsor, Inc. has had 4 years of net income. Due to this success, the market price of its 350,000 shares of $5 par value common

kvasek [131]

Answer:

$9,788,000

$12,700,000

$18,860,000

Explanation:

Stock dividend is the payment of dividend to stockholder in the form of stock/shares of the company. Stock are issued at the market price and the value of the dividend is transferred from the retained earning to the add-in-capital accounts.

Stock Dividend = 350,000 x 16% x $52 = $2,912,000

Stock split increase the numbers of shares with a specific given ratio but the common equity value remains same that's why the par value of the share decreases with respective ratio.

Stock Split = 350,000 x 2 / 1 x $5/2 = $1,750,000

Total Stockholders equity section includes the paid in capital of common and preferred stocks, additional paid in capital, retained earnings and reserves accounts.

Total Stockholders equity

Common Stock $1,750,000

Paid In Capital account $4,410,000.

Retained Earning <u>$12,700,000</u>

Total Stockholder's Equity <u>$18,860,000</u>

Retained Earning = $12,700,000 - $2,912,000 = $9,788,000

NO change in retained earning after stock split. Stock split only changes the outstanding numbers of shares and par value of the share.

It will remains the same because balances are transferred from retained earnings to the common stock and paid in capital accounts but the total balance remains the same.

As there is no changes to value of any equity account, so total stockholders equity will remain the same.

6 0

3 years ago