Answer: $11,500
Explanation:
Total Manufacturing Cost
= Actual Direct material costs + Actual direct manufacturing labor costs + Applied Manufacturing Overhead
Actual Direct Manufacturing labor cost
= 160 x 20
= $3,200
Applied Manufacturing Overhead rate
= Budgeted Manufacturing Overhead Costs / Budgeted Direct Manufacturing labor hours
= 960,000/ 32,000
= $30 per hour
Assuming manufacturing overhead is based on direct labor hours, the total cost would be;
= 3,500 + 3,200 + (30 * 160)
= $11,500
Answer:
1. Value added time = Cutting + Sewing time
Value added time = 5 min + 20 min
Value added time = 25 minutes
Non-value added time = Total within batch wait time + Move time
Non-value added time = (25 minutes*(40-1)) + 2 minutes
Non-value added time = 977 minutes
Total lead time = Value added time + Non-value added time
Total lead time = 25 minutes + 977 minutes
Total lead time = 1,002 minutes
2. Value added ratio = Value added time / Total lead time
Value added ratio = 25 minutes / 1,002 minutes
Value added ratio = 0.02495
Value added ratio = 2.5%
Answer:
C. skimming
Explanation:
Based on the information provided it is safe to say that by setting the price at $12,700 Xerox used a skimming pricing strategy. This is a pricing strategy in which the firm/company places their new product in the market with the highest price they can give it and go slowly lowering the price as time goes on. This is mostly done with brand new, one of a kind products that do not have competition, like the portable fax machine that Xerox designed.
Thank you for the 5 points
The process that EA Sports carried out with the cover of the Madden video game was Perception Marketing.
<h3>What is perception marketing?</h3>
Perception marketing is an economic term that refers to the set of marketing strategies focused on the consumer's perception of a specific product.
In general, perception marketing is responsible for modifying the image of the product so that it is the one that looks best compared to its competitors and thus generates a good perception in consumers.
According to the above, EA Sports used the image of a famous person so that consumers had a positive perception of their video game.
Learn more about marketing in: brainly.com/question/13414268
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