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ioda
3 years ago
5

Harry's Co. recently implemented an activity-based costing system. As a result of the ABC allocations, the cost of one of the co

mpany's products was determined to be above its current selling price. Due to competition, the company is unable to raise the price of this product. Which of the following options is most reasonable, assuming Harry's Co. employs a target pricing strategy? A. Raise prices under the assumption that the company's competitors will follow suit. B. Return to the old allocation method, which produces a lower amount of estimated cost. "C.Use less expensive materials to make the product. Target advertising to high-income customers.
Business
1 answer:
hram777 [196]3 years ago
8 0

Answer:

C. Return to the old allocation method, which produces a lower amount of estimated cost.

Explanation:

Base on the scenario been described in the question, after Harry's co implemented an activity base costing system, this is as a result of the ABC allocations, the cost of one of the company's products was determined to be above its current selling price, also, they can not increase price due to the competition it will better for them to return to the old allocation method, which produces a lower amount of estimated cost. That will be the best thing to do

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Use the graph to answer the question that follows. Graph has quantity along the horizontal axis and price along the vertical axi
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The statement that would describe the shift from D1 to D2 is Demand for the product increased.

<h3>Why was there a shift from D1 to D2?</h3>

D2 is a curve that is to the right of D1 which means that it represents a higher level of demand for goods and services.

This means that for the demand to move from D1 to D2, there must have been an increase in the demand for the good or service and this could have been for any number of reasons including a reduction in the price of complimentary goods.

Find out more on determinants of demand at brainly.com/question/1245771

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1 year ago
site:coursehero.com why is it crucial to collect and analyze data when planning professional development sessions?
Neporo4naja [7]

Students are required to evaluate and analyze the data they gather in order to develop explanations for their results.

<h3>What is analyzing data?</h3>

To analyze anything is to break it down into its component parts and look at each one separately. Getting raw data and turning it into information that users can use to make decisions is the process of data analysis. In order to find answers, validate theories, or test hypotheses, data is gathered and evaluated.

Data analysis, according to statistician John Tukey, is:

"Procedures for analyzing data, techniques for understanding the findings of such procedures, methods for organizing the collection of data to make its analysis simpler, more accurate, or more precise, and all the equipment and results of (mathematical) statistics which apply to analyzing data."

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7 0
1 year ago
Company FIN3610-FTRA has a six-year project that requires an initial investment of $30,000. Every year, the project will pay fix
lara31 [8.8K]

Answer:

909.09

Explanation:

Breakeven quantity are the number of  units produced and sold at which net income is zero

Breakeven quantity = fixed cost / price – variable cost per unit

$20,000 / 58 - 36 = 909.09

4 0
3 years ago
A coffee manufacturer uses Colombian and Brazilian coffee beans to produce two blends, robust and mild. A pound of the robust bl
tester [92]

Answer:

•8.74 pounds of robust blend

• 1.25 pounds of mild blend

Explanation:

We are given:

•12 ounces, 6 ounces of mild blend Colombian beans

•4 ounces, 10 ounces of mild blend Brazilian beans.

From the question, we get the following equations:

1) Colombian: 12x + 6y = 1800

2) Brazilian: 4x + 10y = 760

Let's multiply the Brazilian equation by 3, we now have:

Colombian: 12x + 6y = 1800

Brazilian : 12x + 30y = 2280

Solving simultaneously, we have:

-24y = - 480

Therefore,

y = -480/-24

y= 20 oz

y = 20 oz ( divide by 16 to convert to pounds) = 1.25 pounds

Let's solve for x from Brazilian equation:

4x + 10y = 760

Therefore, since y = 20, we have:

4x + 10(20) = 760

= 4x + 200 = 760

= 4x = 760 - 200

= 4x = 560

Therefore

x = 560/4

x = 140

140 oz = 8.74 pounds

Therefore, they should make;

8.74 pounds of robust blend and 1.25 pounds of mild blend.

5 0
3 years ago
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While making organizational decisions, managers should take into consideration the needs and interests of the employees, supplie
Art [367]

Answer:

Stakeholders.

Explanation:

Stakeholders are the group of people who may be interested in the processes of a particular company. They are formed by the group of employees, suppliers and customers, who are the stakeholders in the organization.

Therefore, it is necessary that strategic actions and business processes are aimed at satisfying the interests and needs of stakeholders, who are the company's public, that is, the reason for the existence of a company.

It is important for the company to identify who its stakeholders are and how they directly impact the business, so that it can shape a strategy that is aligned with its interests and what they expect from the company.

Satisfying stakeholders and adopting corporate governance, contributes to the company having a strong market position and achieving several competitive and strategic advantages in the market, increasing its results and profitability.

4 0
3 years ago
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