Answer:
C. $34,500
Explanation:
Given the above information, applied fixed overhead is computed as;
= Standard hours allowed for actual production × Predetermined rate
Standard hours allowed for actual production = 11,500
Predetermined rate = $3 per hour
Then,
Applied fixed overhead
= 11,500 hours × $3 per hour
= $34,500
Answer:
Brand Competition
Explanation:
Brand Competition arises when two or more different companies offer a similar product, under a different brand. The products are similar, but not fully substitutes: they can be distinguished in some way: quality, features, price, and so on.
In this case, what makes the Ford Mustang and the Audi R8 is the price. The Ford brand is significantly cheaper than the Audi brand, which might give Ford the upper hand in market share. However, this is not always the case because the Audi car could have the upper hand when it comes to quality, and obtain more marke share because of that.
D. You are willing and able to buy the good at the given price
Chobani based its marketing mix pricing decision by assuming it would be successful and have economies of scale.
<h3>What involves the mix
pricing decision?</h3>
In marketing, the Price mix includes the decisions as to the Price level to be adopted, the discount to be offered and the terms of credit to be allowed to customers.
A firm's pricing strategy should reflect your product's positioning in the market and the resulting price should cover the cost per item and the profit margin.
Read more about pricing decision
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