The range for daily sales for the week, $89,000, $75,000, $98,000, $66,000, and $99,000, is ________. a. $33,000. b. $85,400. c.
Ann [662]
Answer:
$33,000
Explanation:
The daily sales for a particular week is given as follows: $89,000, $75,000, $98,000, $66,000, $99,000
Range can be defined as the difference between the highest value and the lowest value within a particular set of number
From the question above;
The highest value is $99,000
The lowest value is $66,000
Therefore, the range for the daily sales for the week can be calculated as follows
Range= Highest value-Lowest value
= $99,000-$66,000
= $33,000
Hence the range is $33,000
Answer:
$228,000
Explanation:
Beginning work in process inventory, $250000
Cost of goods manufactured, $866000
Beginning finished goods inventory, $292000
Ending work in process inventory, $270000
Ending finished goods inventory, $314000
Cost of Goods Sold = Beginning work in process inventory + Beginning finished goods inventory - Ending finished goods inventory, $314000
Cost of Goods Sold = $250,000 + $292,000 - $314,000
Cost of Goods Sold = 228,000
Answer:
B) Supplier cost differentiation
Explanation:
As per the Porter model of generic strategies, there are three strategies which are as follows
1. Cost leadership strategy: It deals with less cost to reach broad market
2. Differentiation strategy: It deals with offering different products to reach broad market
3. Focus strategy: In terms of cost leadership and differentitaion, it focused with less cost and offered unique products at narrow market segment
Therefore the option B is not included
Answer:
1) The fixed overhead production-volume variance is $14400 favourable.
2) The fixed overhead spending variance is $9000 unfavourable.
Explanation:
1)
Fixed overhead production volume variance
= amount applied * amount budgeted
= 144000/30000
= 4.80 per unit
= 4.80*33000 - 144000
= $14400 favourable
Therefore, The fixed overhead production-volume variance is $14400 favourable.
2)
fixed overhead spending variance
= actual overhead - budgeted overhead
= 153000 - 144000
= $9000 unfavourable
Therefore, The fixed overhead spending variance is $9000 unfavourable.
Answer:
The correct answer is (B) Price.
Explanation:
The price is a marketing variable that comes to synthesize, in a large number of cases, the commercial policy of the company. On the one hand, we have the needs of the market, set in a product, with certain attributes; on the other, we have the production process, with the consequent costs and profitability objectives set. That is why the company must be in charge, in principle, of setting the price it deems most appropriate.
For the potential customer, the value of the product is expressed in objective and subjective terms, since it has a very particular scale when computing the different attributes of which it is composed, hence the denomination of expensive or cheap it gives them. However, for the company the price is a very important element in its marketing mix strategy, along with the product, distribution and promotion.
