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fiasKO [112]
3 years ago
7

Marketing research showed that consumers in the West and the Southwest like spicier foods than those in the Southeast and East.

As a result, Campbell's makes a hotter nacho cheese sauce for its western and southwestern customers. The differences in the nacho cheese sauce are the result of _____ segmentation.
Business
1 answer:
Mazyrski [523]3 years ago
8 0

Answer:

Geographic segmentation.

Explanation:

Geographic segmentation is when a business groups it's clients based on their location or when consumers have preferences on the basis of where they are located. Grouping is done by country, state, region, city, and so on.

For example luxury cars can target urban area for sale of their cars, as they will not do well in rural areas.

In this instance research showed that consumers in the West and the Southwest like spicier foods than those in the Southeast and East. So Campbell's makes a hotter nacho cheese sauce for its western and southwestern customers.

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4. Why is the customer service department of a company important? (1-2 sentences. 2.0 points)
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The customer service department of a company is important because it ensures the quality of the product to the consumer after it has been sold.

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Additional information about the company follows: Hubs require $24 in direct materials per unit, and Sprockets require $17. The
Katen [24]

Question Completion:

Fogerty Company makes two products, titanium Hubs and Sprockets. Data regarding the two products follow:

                                    Direct Labor     Production

                                 hours per unit          Units

Hubs                                  0.7                 27,000

Sprockets                          0.3                59,000

 Answer:

Fogerty Company

The unit product cost of each product according to the ABC system:

                                           Hubs      Sprockets

Unit production cost       $46.22         $22.46

Explanation:

a) Data and Calculations:

                                          Hubs  Sprockets

Direct materials per unit    $24      $17

Direct labor rate per hour  $14       $14

Direct labor per unit           $9.80   $4.20 ($14 *0.3)

Estimated Activity  Activity Cost Pool Overhead     Hubs  Sprockets  Total

                              (Activity Measure)      Cost

Machine setups (number of setups)    $ 27,000       125         100       225

Special processing (machine-hours) $ 258,000   4,300             0    4,300

General factory (organization-sustaining) $ 124,800 NA          NA        NA

Total overhead expenses                   $409,800

Activity rate:

Machine setups = $120 ($27,000/225)

Special processing = $60 ($258,000/4,300)

General factory = $62,400 ($124,800/2)

2. The unit product cost of each product according to the ABC:

Overhead costs:

                                    Hubs      Sprockets    Total

Machine setups       $15,000      $12,000       $27,000

Special processing 258,000                  0      258,000

General factory         62,400        62,400       124,800

Total overhead     $335,400      $74,400    $409,800

Units produced         27,000        59,000        86,000

Overhead per unit    $12.42            $1.26

                                            Hubs      Sprockets

Direct materials per unit  $24.00          $17.00

Direct labor per unit           $9.80           $4.20

Overhead cost per unit    $12.42            $1.26

Unit production cost       $46.22         $22.46

3 0
3 years ago
Assuming sticky prices and given expectations of future exchange rates, what is the short-run effect on the exchange rate of the
stiks02 [169]

Answer:please refer to the explanation section

Explanation:

An increase in the quantity of euros will lead to a decrease in demand for the euros currency and the current exchange rate will fall. a decrease in the current exchange rates will increase foreign rates of return because the difference between expected exchange rate and current exchange rage will increase.

Current exchange rate will decrease and foreign rates of return will increase

total foreign rate of returns = foreign interest rate + (Expected exchange rate - Current exchange rate)/current exchange rate

7 0
4 years ago
General Product Inc. distributed 150 million coupons in 2021. The coupons are redeemable for 40 cents each. General anticipates
Rasek [7]

General Product Inc.'s coupon liability as of December 31, 2021, is $24 million.

<h3>What is coupon liability?</h3>

Coupon liability is a contingent liability arising from coupon redemption obligations.

As a potential future liability, only the amount that can be reasonably estimated should be recognized.

<h3>Data and Calculations:</h3>

Distributed coupons = 150 million

Coupon redemption cost per unit = 40 cents

Total potential liability from coupons = $60 million (150 million x $0.40)

Probability of occurrence = 70%

Estimated redeemable liability = $42 million ($60 million x 70%)

Redeemed coupons in 2021 = 45 million or $18 million (45 million x $0.40)

Recognized contingent liability for 2021 = $24 million ($42 - $18 million)

Thus, General Product Inc.'s coupon liability as of December 31, 2021, is $24 million.

Learn more about coupon liabilities at brainly.com/question/17963028

#SPJ1

5 0
2 years ago
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