Whenever the costs are rising and inventory quantities are stable it means that the later that the inventory is bought the more expensive it is because costs are rising and increase with time. So the cost of goods sold will always be the highest under LIFO when costs are rising because, the goods being bought last are the most expensive will be expensed first under LIFO. The costs of good sold will be lowest under FIFO when costs are rising because the cheapest goods will be expensed fist. So in this case the only option that makes sense is that the cost of goods sold will be lower under average cost than LIFO.
Answer: b. Start selling the ShipShape using an online direct-from-manufacturer channel
Explanation:
Market penetration strategy is typically used by a company that wants to enter a new market. It is the sale of a product in a particular market.
Since the team has chosen the market penetration strategy, the option that should be recommended to YelloW would be to start selling the ShipShape using an online direct-from-manufacturer channel.
Consumers in Louisiana love hot sauce, and Tabasco and Crystal brands are particularly popular there. Consumers in Michigan do not like hot food, so they purchase very little hot sauce. A national chain of grocery stores would likely use <u>geographic</u> segmentation when stocking condiment merchandise
Explanation:
Geographic sementation is when a business divides its market considering geography.