Answer:
Jeremy should consider hiring an experienced and creative marketing team. Every product is brought into the market through the efforts of the market team. It is the responsibility of the sales and marketing team to carry out market analysis and come with creative ideas to reach the target market.
For Jeremy to increase sales and his connection with the customer base, he needs to work on establishing a sales and marketing department whose sole focus would be to convert his plans into effective actions.
Cost of goods sold=
beginning inventory+purchase-ending inventory
cost of goods sold
=6,500+21,500−8,500
=19,500
Answer:
D. $3.40
Explanation:
The computation of the predetermined overhead rate is shown below:
Predetermined overhead rate is
= Estimated manufacturing overhead ÷ estimated machine hours
= ($2,000 + $400 + $1,000) ÷ (1,000 machine hours)
= $3,400 ÷ $1,000 machine hours
= $3.40 per hour
Answer – PUBLICITY
A business owner featured on a local newspaper to share his
or her success story is being offered the opportunity to promote his or her
business through publicity. This is because the article published about him or
her will <span>build some measure of public awareness
about his or her products, services or/and expertise.</span>
<span>TRUE</span>
<span>MBO is a four-step process in which (1) managers and employees
jointly set objectives for the employee, (2) managers develop action plans, (3)
managers and employees periodically review the employee's performance, and (4)
the manager appraises and rewards the employee based on performance</span>
