Answer:
Integrated Marketing communication
Explanation:
Integrated marketing communication is the process where all brand promotions are integrated together. It involves linking communications and messages of all forms concerning the marketing of a specific product together. It comes with advantages like brand differentiation, trust among consumers, accountability within the firm and so on. It combines various marketing channels and techniques. Here, urban outfitters is linking together promotion and other marketing efforts to ensure maximum informational and persuasive impact on consumers.
Answer:
Total purchase= $55,420
Explanation:
Giving the following information:
Wallace Company provides the following data for next year: Month Budgeted Sales January $120,000 February 108,000. Inventory at the end of December is $29,600 and target ending inventory levels are 10% of next month's sales, stated at cost.
The gross profit rate is 35% of sales.
Cost of January= 120,000*0.65= 78,000
Purchase for Febraury= [(108000*0.65)*0.10]= 7,020
Beginning inventory= 29,600 (-)
Total purchase= $55,420
Answer
The answer and procedures of the exercise are attached in the image below.
Explanation
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer:
Explanation:
Palmer Music manufactures and sells MP3 players and sound systems that include a 180-day warranty on product defects. The company also sells 2-year extended warranties. On May 10, Palmer sold a sound system for $3,850 and an extended warranty for another $1,200.
What would be included in the journal entry to record this transaction is
Dr. Cash (3850+1200)...........5,050
Cr. Sales..............................................3,850
Cr. Prepaid Income (Warranty).......1,200
The warranty amount will not be included in the sale amount because it has not been earned, it will only be earned after the expiration of the warranty period.