Hello!
The term "differentiation" refers to what sellers do to make their products different, or stand out, from competing products.
A few forms of differentiation are through:
- Pricing (more expensive or less expensive than competitors)
- Form (size, shape, structure, etc.)
- Performance (performing better or more efficiently than competitors)
- Reliability (lasting longer than competing products)
For example, Tesla differentiates itself through offering appealing (stylish) electric cars that are energy-saving and more efficient than other electric vehicles. Pricing is also reasonable for what the company offers, but expensive relative to most common gas-powered cars.
I hope this helps you! Have a lovely day!
- Mal
Answer:
Total overhead = = $7,500
so here correct option is E. $7,500
Explanation:
given data
production = 1,000 units
direct labor = ¼ hour @ $24 per hour
variable overhead = 75 % of direct labor
fixed overhead = $3,000
to find out
total amount of overhead
solution
we first find Direct labor that is
Direct labor = ¼ × 24
Direct labor = $6
so
Total overhead will be here
Total overhead = Variable overhead + Fixed overhead .................1
now put here value we get
Total overhead = ($6 × 75% ) × 1,000 + $3,000
so
Total overhead = = $7,500
so here correct option is E. $7,500