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3 years ago

Market research should be conducted:

Business

1 answer:

Akimi4 [234]3 years ago

7 0

Answer:A- when market share for a product has dropped for three consecutive quarters

Explanation:

Market Research is the gathering of valuable information and data about a particular product or service. This is a very important part of business as the marketing research will help the company get detailed information about their products, how acceptable the product has been in the market, the complaints consumers have on the product and how the products can be improved.

Marketing research provides data that organisations need to stay and remain in business.

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Race is best defined as _____.

nirvana33 [79]

A socially constructed category made up of people who share biologically transmitted traits

7 0

3 years ago

why profit maximization happens at the point where MR = MC, and not where MR is greater than MC. Refer to Figure 7.2. in the tex

qwelly [4]

Answer:

loadinghhggggggggbbhhgff

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3 0

3 years ago

Compute the total manufacturing cost for a manufacturer with the following information for the month. Raw materials purchased $

Galina-37 [17]

Answer:

Cost of good manufactured= $86550

Explanation:

To calculate the cost of manufactured goods we need to use the following formula:

Cost of good manufactured= Beginning work in progress+ direct materials of the period + direct labor + manufactured overhead - ending work in progress

Beginning work in progress= 0

Direct materials = beginning inventory + purchase - ending inventory= 58250

Direct labor= 14000

Manufactured overhead=Factory supervisor salary + Depreciation expense Factory building + Indirect materials= 8800 + 3700 + 1800= 14300

Ending work in progress= 0

Cost of good manufactured= 58250 + 14000 + 14300= $86550

6 0

3 years ago

Adger Corporation is a service company that measures its output based on the number of customers served. The company provided th

sergeinik [125]

Answer:

1. Total Revenue in May $ 175,000

2. Total Salaries & wages For May $ 88500

3. Total Travel Expenses for May $21,000

4. Other Expense $ 36,000

5. Operating Income $ 65,500

Explanation:

Given

Adger Corporation

Fixed Element Variable Element Actual Total

per Month per Customer Served for May

Revenue $5,000 $160,000

Employee Salaries

& wages $50,000 $1,100 $88,000

Travel expenses $600 $19,000

Other expenses $36,000 $34,500

There were 35 customers.

Revenue = $5000 per customer

We can easily calculate as we have been given the number of customers and the variable element of expense per customer.

1. Total Revenue in May = 5000 * 35= $ 175,000

Variable Salaries & wages = $ 1100 per customer

Total Variable Salaries & wages = $ 1100 *35= $ 38500

2. Total Salaries & wages For May = Variable + Fixed

= $ 38500 + $50,000= $ 88500

Travel expenses = $600per customer

3. Total Travel Expenses for May = $ 600 *35= $21,000

4. Other Expense = Fixed Expenses = $ 36,000 ( there are no variable expenses)

5. Operating Income= Revenue - Employee Salaries - Travel Expenses

= $ 175,000- $ 88500 - $ 21,000= $ 65,500

Other expenses are included in the net income statement not operating income statement.

5 0

4 years ago

A company has the following accounts receivable and estimates of uncollectible accounts: Accounts not yet due = $61,000; estimat

Firdavs [7]

Answer:

The correct answer is $71,290.

Explanation:

According to the scenario, the computation for the given data are as follows:

Accounts not yet due = $61,000

Estimated uncollectible = 4%

So, Total uncollectible for Account not yet due = $61,000 × 4% = $2,440

Now, Accounts 1-30 days past due = $27,000

Estimated uncollectible = 15%

So, Total uncollectible for Account 1-30 days past due = $27,000 × 15% = $4,050

Similarly, Accounts more than 30 days past due = $162,000

Estimated uncollectible = 40%

So, Total uncollectible for Account more than 30 days past due = $162,000 × 40% = $64,800

Hence, the total estimated uncollectible accounts = Total uncollectible for Account not yet due + Total uncollectible for Account 1-30 days past due + Total uncollectible for Account more than 30 days past due

By putting the value we get,

= $2,440 + $4,050 + $64,800

= $71,290

8 0

4 years ago