If a sandwich chain, experiments with offering a free bag of chips with its sandwiches. This sandwich chain is in the <u>test marketing</u> stage.
<h3>What is test marketing?</h3>
Test marketing stage can be defined as the stage that is use to know how good or how bad a product is based on the response of the consumer that have use or tasted a product or based on the feedback received.
Most companies tend to make use of test marketing create product awareness or to build brand awareness and to know the reaction of potential customers.
Therefore This sandwich chain is in the <u>test marketing</u> stage.
Learn more about test marketing here:brainly.com/question/9314688
For E2020 the choices are a. $498 b. $365 c. $422 d.
$787 and the correct answer is d. $787
Answer:
a. PPI or Producer Price Index because it measures the input used for production.
b. CPI or Consumer Price Index because it measures the cost of common household purchases.
Explanation:
Inflation is general rise in the price level. There are various measures of inflation such as CPI, RPI, CPIX, CPI-CT and core inflation. This inflation measure selection is based on the scenarios by which criteria is made for selection. The businessmen will measure inflation with a different method as compared to a common man.
a. A factory owner will measure the inflation based on PPI. Producer price index measures the change in price of goods sold by manufacturer.
b. A teacher union will measure the inflation as CPI. Consumer price index is the best measure of inflation for a consumer.
Answer: $600F
Explanation:
Given the following :
standard unit price - $1.80
actual purchase price per unit - $1.65
actual quantity purchased - 4,000
units actual quantity used - 3,900
units standard quantity allowed for actual production - 3,800 units
Material purchase price variance = ( Actual unit price of material - standard unit price of material) × Actual unit of material purchased
($1.65 - $1.80) × 4000
( $0.15) × 4000
$600F (Favorable) because standard price is higher than actual price
The options provided in the question are incorrect.
Answer:
Salaries Payable = 3400
Explanation:
The unpaid salaries for the week or the balance of the salaries payable can be calculated by multiplying the salary per day by the number of days worked in the week till the end of the accounting period. Thus, we will multiply 850 which is the salary per day by 4 as from Monday to Thursday, 4 work days have passed.
Salaries Payable = 850 * 4
Salaries Payable = 3400
