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GaryK [48]
2 years ago
7

Cracker Jack, an American brand snack of caramel-coated popcorn and peanuts, has been in existence since 1896. The brand became

popularized due to its free prize inside every box. Which of the following promotion tools does this exemplify? A) coupon B) sample C) premiumD) price pack E) rebate
Business
1 answer:
cluponka [151]2 years ago
7 0

Answer:

A. Coupon.

Explanation:

A coupon is a ticket that has financial value when redeemed. A coupon is sometimes  put as a free gift inside a product.

It is usually used as an advert strategy to get people to buy more products because if consumers know that they are likely to find a coupon inside each product of a particular brand they purchase, it will theoretically lead to more people buying the product in order to get the coupon.

This was the strategy used by Cracker Jack who sold brand snacks of caramel coated popcorn as it had a free prize inside every box which in turn made the product to become immensely popular.

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Answer:

Direct Materials      $    14*20,000            = $ 28000

Direct Labor            $  14*1.9* 20,000       = $ 532,000

Variable Overhead  $ 14*1.9*1.2*20,000  = $ 638400

Fixed Overhead $ 14*1.9*1.8*20,000  =  $957600

Total Manufacturing Cost $                = 2156000

Less: Ending Inventory $   107.8*730 = 78649

Cost of Goods Sold                      $2077306

Working:

Total Manufacturing Cost $  per unit      = 2156000/ 20,000= 107.8 $

Ending Inventory $   107.8*730 = 78649

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2 years ago
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alukav5142 [94]

Answer:

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