Answer:
The correct answer is $543,000
Explanation:
According to the given scenario, the calculation of the ending inventory is as follows:
= Inventory on hand + merchandise purchased F.O.B shipping point + F.O.B destination
= $350,000 + $118,000 + $75,000
= $543,000
The goods held on consignment i.e. not involved is not relevant
Thus, the calculation of the ending inventory is $543,000
<span>Jeb was defining segments using DEMOGRAPHIC considerations.
There are 4 types of segmentation.
1) Geographic
2) Demographic
3) Psychographic
4) Behavioral
Demographic segmentation considers who the customers are. Data that are required to be collected to know who the customers are 1) age, 2) gender, 3) income, 4) social class, 5) religion, and 6) race or family life cycle.
People who want high quality car are usually big income earners. People who wants low-priced cars are usually small income earners or even students who just got their drivers license.
</span><span>
</span>
Answer:
Responsiveness
Explanation:
Market segmentationnis the process by which a company groups consumers on the basis of a shared characteristic which can be income status, education, age, location, race,and so on.
For segmentation to be successful the segment must be measureable, profitable, accessible, and market responsive.
Responsiveness is the level of adoption of the product by the target segment. If the segment is not responsive then that aim of the business is defeated. Consumer decision to purchase is key to product success.
Answer:
Residual income = Operating income - (r x Asset invested)
$8 million = $13 million - (r x 25 million)
$8 million = $13 million - r25 million
r25 million = $13 million - $8 million
r25 million = $5 million
r = $5 million/25 million
r = 0.2 = 20%
Thus, required rate of return is 20%
Explanation:
In this case, we need to apply the residual income formula. Operating income, asset invested and residual income have been given with the exception of rate of return. Thus, rate of return becomes the subject of the formula.
Answer:
Unitary production cost= $94
Explanation:
Giving the following information:
Variable costs per unit:
Direct materials $ 38
Direct labor $ 53
Variable manufacturing overhead $ 3
<u>The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead). Variable selling and administrative expense is a period cost. </u>
Unitary production cost= 38 + 53 + 3
Unitary production cost= $94
