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Nookie1986 [14]
3 years ago
6

In the introduction stage of the product life cycle, marketing efforts are primarily focused on:

Business
1 answer:
fiasKO [112]3 years ago
6 0

<u>Answer:</u> building customer awareness of the product.

<u>Explanation:</u>

Introduction is the first stage in the product life cycle where the company focuses on creating customer awareness of the product. In this stage only a few customers will know about the product. Through better marketing campaign companies try to increase the customer awareness.

Only after creating brand awareness and publicity for the product the company can concentrate on other aspects such as pricing, distribution, additional features etc. The main aim of the companies is to gain the market share.

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3 years ago
To determine the scope of a bookkeeping clean-up engagement, you are reviewing the Client Overview tab for a potential client. Y
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Answer: B. Opening balance for an inventory item was entered during the setup process.

D. Opening balances were included when importing customers using the Import data tool.

E. The client forced a bank reconciliation when the difference was not zero.

Explanation:

The reasons that can be attributed to the large amount in the Opening Balance Equity account will be:

• Opening balance for an inventory item was entered during the setup process.

• Opening balances were included when importing customers using the Import data tool.

• The client forced a bank reconciliation when the difference was not zero.

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2 years ago
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6 0
1 year ago
he following information is available for completed Job No. 402: Direct materials, $170000; direct labor, $230000; manufacturing
sveticcg [70]

Answer:

The correct answer is $112,000

Explanation:

First of all, let us lay out the information given:

Direct materials = $170,000

Direct Labor = $230,000

Manufacturing overhead = $160,000

Cost of production = Direct material + Direct Labor + Manufacturing overhead = 170,000 + 230,000 + 160,000 = $560,000

Number of units produced = 5000 units

Number of units sold = 4000 units

Number of units left on hand = 5000 - 4000 = 1000 units (units produced - units sold)

Next, we will calculate the cost of production of a single unit of finished product as follows:

5000 units = $560,000

∴ 1 unit = 560,000 ÷ 5000 = 112

Finally, since the number of unit on hand is 1,000 units, we will find the cost of unit on hand as follows

1 unit = $112

∴ 1000 unit = 112 × 1000 = $112,000

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3 years ago
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Is the 3 % an annual rate or monthly rate? Whats the initial amount deposited?
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