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alexgriva [62]
3 years ago
6

A national political organization segmented the area of Jackson Hole, Teton County in Wyoming for its political marketing campai

gn. It found that 48.7% of the population has a bachelor's degree or higher, and that the population’s ethnicity is 80.9% caucasian, 1.2% and 1.0% Native American, and 15.2% Hispanic. It also found that the population is 48.2% female. What segmentation analysis approach did the organization use? a) behavioral segmentation.
b) geographic segmentation.
c) decision maker segmentation.
Business
2 answers:
kompoz [17]3 years ago
6 0

Answer:

b) geographical segmentation.

Explanation:

Geographic segmentation is a common strategy when you serve customers in a particular area, or when your broad target audience has different preferences based on where they are located. It involves grouping potential customers by country, state, region, city or even neighborhood.

The findings that result from geographic segmentation allow small businesses to focus their marketing efforts specifically on their defined area of interest, therefore avoiding inefficient spending.

Vesna [10]3 years ago
5 0

Answer: b) Geographic segmentation

Explanation: Geographic segmentation is a segmentation strategy used to divide a target market on the basis of its area or geography.

It involves a process of grouping customers based on where they live. Their varying differences in interests, values and preferences are considered in this type of market segmentation.

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Strait Co. manufactures office furniture. During the most productive month of the year, 3,300 desks were manufactured at a total
Elza [17]

Answer:

Using the high-low method of cost estimation, total fixed costs are $47,020  

Explanation:

Cost at highest level of activity = $82,000.00

Cost at Lowest level of activity = $59,000.00

Highest level of activity = 3,300

Lowest Level of activity = 1,130

Variable cost per unit = $(82,000 - 59,000) ÷ (3,300 -1,130)  

Variable cost per unit = $23,000 ÷ 2,170  

Variable cost per unit = $10.60  

Fixed Costs = $82,000 - (3,300 × 10.60)  

Fixed Costs = $47,020  

6 0
3 years ago
Delta Construction Corporation, a general contractor, hires Eagle Electrical Company, a subcontractor, to wire a new office buil
nignag [31]

Answer: excused by Delta's failure to pay.

Explanation:

Delta Construction Corporation hires Eagle Electrical Company, as a subcontractor, to wire its new office building. After the completion of the work, Eagles is owed more than $50000.

Eagle's suspension of work is most likely due to the excuse by Delta's failure to pay. Delta has a right to pay up the money owed to Eagle. Lack of payment can lead to court cases.

3 0
3 years ago
ou wish to retire in 20 years, at which time you want to have accumulated enough money to receive an annual annuity of $32,000 f
AleksAgata [21]

Answer:

Annual contributions to the retirement fund will be $6,347.31

Explanation:

First find the Present Value of the Annuity giving payments of $32,000 annually for 25 years at the rate of 10%.

Using a Financial Calculator enter the following data

PMT = $32,000

P/y = 1

N = 25

R =  10%

FV = 0

Thus, the Present Value, PV is $290,465.28

At the time of retirement (in 20 years time) the Value of the annuity fund is $290,465.28.

Next we need to find the Payments PMT to reach this amount in 20 years time at the interest rate of 8%

Using a Financial Calculator enter the following data

FV = $290,465.28

N = 20

R = 8 %

PV = $0

Thus, the Payments, PMT required will be $6,347.3080

Conclusion :

Annual contributions to the retirement fund will be $6,347.31

3 0
3 years ago
A person who can afford a monthly payment of and signs a loan
Bond [772]

Answer:

4000

Explanation:

5 0
3 years ago
Manufacturing cost data for Orlando Company, which uses a job order cost system, are presented below. Indicate the missing amoun
mafiozo [28]

Answer:

a=   54796

h=  80,824

d=117916  

i=67915.68  

e=$ 352196  

b=  58,800  

f= 373496

j=  234500

c= 15100

k=   1900

g=3721596

Explanation:

Orlando Company

Manufacturing Cost Data

                                                 Case A          Case B       Case C

Direct materials used                 (a)               $91,200    $69,000

a=149,800 - 42,804-  52,200     54796

Direct labor                               52,200         143,800          (h)

$69,000 +x+0.82h= 216100

1.82h= 216100-69000

h= 147100/1.82= 80,824                                                     80,824

Manufacturing overhead applied 42,804      (d)                   (i)

d=82% of 143,800=117916                                 117916

i=82% of 80824 =  67915.68                                                 67915.68                      

Total manufacturing costs 149,800                 (e)              216,100

e=$91,200+ 143,800+ 117916                              352196

Work in process 1/1/14              (b)                21,300           18,400

b=208,600- 149,800                   58,800

Total cost of work in process 208,600         (f)                   (j)

f=352196+ 21,300                                           373496

j=216,100 + 18,400                                                               234500

Work in process 12/31/14             (c)               11,900            (k)

c=208,600 - 193,500                     15100

k=234500 -232,600                                                            1900

Cost of goods manufactured 193,500           (g)             232,600

g=373496- 11,900                                         3721596

The formulas used are given below.

Total Manufacturing Cost = Direct Materials + Direct Labor + Factory Overheads

Total cost of work in process= Total manufacturing costs+ Opening Work in process

Cost of goods manufactured= Total cost of work in process - Closing Work in process

In each of these if two amounts are known we can find the third one.We can also do rearrange these to find the required amounts.The calculation of each of the missing amount has been done next to it.

5 0
3 years ago
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