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Zigmanuir [339]
3 years ago
13

Dakota Company had net sales (at retail) of $260,000.

Business
1 answer:
disa [49]3 years ago
8 0

Answer:

$35,860  

Explanation:

The computation of the ending inventory using the retail inventory method is shown below

Particulars                      Cost          Retail

Opening Inventory(A)   $63,800    $128,400

Purchases(B)                 $115,060    $196,800

Goods available

C=(A-B)                         $178,860     $325,200

Cost ratio

($178,860 ÷ $325,200 × 100) 55%  

Sales at retail (D)                            $260,000

End, Inventory at Retail                     $65,200

($325,200 - $260,000)

End, Inventory at Cost    $35,860  

($65,200 × 55%)

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Dividing a diverse market into groups of customers who share similar traits or characteristics is the process known as:
victus00 [196]

Answer:

Market segmentation

Explanation:

Market segmentation is the process of dividing a market of potential customers into groups, or segments, based on different characteristics. The segments created are composed of consumers who will respond similarly to marketing strategies and who share traits such as similar interests, needs, or locations. A market segment is a group of people who share one or more common characteristics, lumped together for marketing purposes.

5 0
3 years ago
In a free market setting where quantity supplied is 40 units and quantity demanded is 50 units, price will:
zvonat [6]

Answer: Increase

Explanation:

According to the Law of Supply and Demand, If the demand for the good is higher than the supply, the price will be higher to reflect the relative scarcity and if the demand is lower than supply, the price will be lower to reflect the relative excess.

In this case the quantity demanded is higher than the quantity supplied so the price will have to increase to reflect the relative scarcity of the good.

4 0
2 years ago
A(n) ______ is an assessment that defines jobs and the behaviors necessary to perform them.
tamaranim1 [39]
Is Job analysis one of the options?
7 0
3 years ago
A relational orientation is based on the philosophy that buyers and sellers develop Group of answer choices a complete understan
bixtya [17]

Answer:

a long term partnership

Explanation:

A relational orientation is a concept of marketing which is aimed at creating a relationship between the salesperson and the customer on a long term basis.

The concept identifies that when a long term relationship is created with the customer, it will bring about customer loyalty. A customer that is loyal will mostly buy or purchase goods or product from the salesperson.

Example of relational orientation is purchasing a car from a seller by the buyer due to the long term relationship already established. This type of arrangement is essentially good for products purchased in large quantities.

7 0
3 years ago
A firm is considering two location alternatives: A and B. Alternative A would have an annual fixed cost of $300,000 and variable
myrzilka [38]

Answer:

Check the explanation

Explanation:

Alternative A

Let the break even point be X, then

Total Revenue = Total Expense

60*X = (300000 + 25*X)

35*X = 300000

X = 8571.43 Units

Alternative B

Let the break even point be Y, then

60*Y = (250000 + 30*Y)

30*Y = 250000

Y = 8333.33 Units

7 0
2 years ago
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