Answer:
B. Mass marketing
Explanation:
Mass marketing is a strategy in which a company decides not use segments and target the whole market with the same strategy trying to reach as much people as possible. In this case, this is the approach Gary is using as he is designing a campaign using an approach that one product or service will work for everyone.
<span>It is less important to account for factors like warranties and durability when purchasing a C. nondurable good.
Durable good, long-term product, and a very expensive product require you to have warranties and durability because then you can have it fixed if they get broken. However, with nondurable good, you already know that it isn't going to last long, so there is no need for such things.
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Answer:
a.$6,705
Explanation:
The total cost is the sum of the three cost component, Direct materials, direct labours, and factory overhead.
Direct Labor Cost: 71 hours x $15 per hour = $ 1,065
Manufacturing Overhead: 175 machine hours x $14 per hour = $ 2,450
Direct Materials $ 3,190
Total cost: 1,065 + 2,450 + 3,190 = 6,705
Answer:
The answers are listed below in the sequence of questions asked:
Explanation:
Fixed Cost
Average Fixed Cost
Variable Cost
Opportunity Cost
Explicit Cost
Average Cost
Answer:
$360,000
Explanation:
The total cost would be estimated as the expense anticipated plus the property taxes paid previously.
Now
Total Cost = $240,000 Property Taxes paid + $1,200,000 Property repairs anticipated
= $1,440,000
Now we will distribute the annual cost over the four quarters which mean we will divide the total annual cost by 4.
Quarterly Expenses = $1,440,000 / 4 = <u>$360,000</u>