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Sunny_sXe [5.5K]
3 years ago
11

Information regarding income levels, education, occupation, and ethnic groups in your target market is called A. demographics. B

. product-based research. C. advertising information. D. secondary research.
Business
2 answers:
Ganezh [65]3 years ago
8 0
The answer is "A" (demographics) just took the PF test

Inessa05 [86]3 years ago
8 0

Information regarding income levels, education, occupation, and ethnic groups in your target market is called <u>"demographics".</u>


Demographics is the study of a population dependent on variables, for example, age, race and sex. Governments, partnerships and non-government associations use demographics to take in more about a populace's attributes for some, reasons, including arrangement improvement and monetary statistical surveying. For instance, an organization that offers top of the line RVs needs to realize generally what number of individuals are at or nearing retirement age and what rate can bear the cost of the item.

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The following events took place at a manufacturing company for the current year:
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Answer: $25,369.50

Explanation:

GIVEN THE FOLLOWING :

Purchased direct material = $97,000

(2) Incurred labor costs as follows: (a) direct, $58,000 and (b) indirect, $15,600.

(3) Other manufacturing overhead was $109,000, excluding indirect labor.

(4) Transferred 80% of the materials to the manufacturing assembly line.

(5) Completed 65% of the Work-in-Process during the year.

(6) Sold 85% of the completed goods.

(7) There were no beginning inventories.

Ending work in process inventory is calculated by;

(Beginning inventory + 0.8(direct material purchased) + direct Labor + (indirect labor + other manufacturing overhead)) × percentage Work in process

($0 + (0.8×97000) + 58000 + (15600+109000))×0.65

=($0 + $77,600 + $58,000 + 124600)×0.65 = $169,130

Ending WIP Inventory = (100-85)% × $169,130

0.15 × $169,130 = $25,369.50

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3 years ago
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2 years ago
Corbel Corporation has two divisions: Division A and Division B. Last month, the company reported a contribution margin of $43,1
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Answer:

$33,900

Explanation:

Step 1 Determined the Contribution Margin for Division A and Division B

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Contribution Margin                                     $43,100

Division B

Contribution Margin ($201,000×40%)        $80,400

Step 2 Determine the common fixed expenses from the Total Operating Income

Company

Contribution Margin ($43,100+ $80,400)                $123,500

Less Traceable Fixed Expenses                               ($56,900)

Less Common Fixed Expenses (<em>Balancing figure</em>)  ($33,900)

Net Operating Income                                                 $32,700

Therefore, Corbel Corporation's common fixed expenses were $33,900

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