A. Average inventory; average daily cost of goods sold
Answer: E. Planning
Explanation:
At the PLANNING STAGE of Strategic Marketing, Hazel should include her goal of a strong ethical environment.
The Planning stage involves penning down goals that one hopes to live up to as well as how they plan to live up to it to ensure a successful implementation.
Putting her goal for an ethical environment in this stage therefore, will ensure that it is a primary goal that is not overlooked during implementation.
Answer:
Req 1 15 $ cost per call
Req 2 Delux = 6,750$ and Basic 2,250$.
Explanation:
This question has two requirement one is to determine the company's cost of technical support per customer service call (Req 1) and the other is to assign technical support cost to each model using activity based costing (Req 2).
Req 1
The first requirement is quite simple. Cost of technical support per customer service call can be determine by dividing expected cost with expected number of customer service call we can get our answer
Cost per CSC =150000/10000 = 15
Req 2
Activity-based costing (ABC) is a costing method that identifies activities in an organization and assigns the cost of each activity to all products and services according to the actual consumption by each.
In this question company has two product i.e delux and basic model. Cost for each product can be determine by multplying cost per csc with number of call received for each product.
Delux= 450*15 = 6750
Basic= 150*15 = 2250
Answer: Marginal revenue is equal to price times quantity
Explanation:
A perfectly competitive market is a market where there's a large number of both the producers and the consumers have full and symmetric information.
In a perfectly competitive market, the marginal revenue is the same as price and the marginal revenue curve is the same as the demand curve facing sellers.
It should be noted that the statement that the marginal revenue is equal to price times quantity is incorrect. The total revenue is equal to price times quantity.
Answer:
at the time it receives a negotiable warehouse receipt for the bats.
Explanation:
Benson Bearing Company is selling bats to Textron inc. The bats are stored at an independent warehouse not controlled by Benson Company.
Of the contract states that Textron will pick up the bats at the warehouse, the risk of loss passes to Textron when it recieved a negotiable warehouse reciept for the bats.
This is because the warehouse is not controlled by Benson Company and issuing a warehouse reciept is equivalent to delivering the goods to Textron.
