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Brilliant_brown [7]
3 years ago
5

5-When a local auto repair shop sponsors a local softball​ team, it is using the​ _____ element of the promotional mix.

Business
1 answer:
mote1985 [20]3 years ago
3 0

When a local auto repair shop sponsors a local softball​ team, it is using the​ public relations element of the promotional mix.


Public relations allows a company to create a good image with the public through relations and organizations they work with for the public to see. When the local auto repair shop sponsors a local softball team, they are not only advertising their name, but people are recognizing them as a company that gives back. By being active in their community they are building public relations.

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Textra Plastics produces parts for a variety of small machine manufacturers. Most products go through two operations, molding an
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Answer:

1. $14,52 per direct labor hour

2. Overheads Assigned

Part A27C = $89,367

Part X82B =$95,832

Explanation:

The plantwide overhead rate is the absorption rate calculated on the entity`s to total overheads and total activity.

plantwide overhead rate = Budgeted Overheads / Budgeted Activity

                                         = ($ 740,000 + $ 610,000) / (45,000+48,000)

                                         =  $14,52 per direct labor hour

Part A27C

Molding department  (4,000× $14,52)    =  $58,080

Trimming department(2,150× $14,52)     =  $31,287

Total                                                          =  $89,367

Part X82B

Molding department (1,100× $14,52)      =  $ 15,972

Trimming department (5,500× $14,52)  =  $79,860

Total                                                         =  $95832

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Your campus computer store reported Sales Revenue of $175,000. The company's gross profit percentage was 65 percent. What amount
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Answer:

The company reported $61,250 amount of Cost of Goods Sold

Explanation:

As gross profit percentage is the net percentage of sales revenue and cost of goods sold. We can find the cost of goods sold percentage as follow

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Placing the percentage

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Cost of Goods sold = 100% - 65%

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Cost of goods sold percentage = Cost of good sold / Sales Revenue

35% = Cost of Goods sold / $175,000

Cost of Goods sold = $175,000 x 35%

Cost of Goods sold = $61,250

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