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Delvig [45]
2 years ago
9

When preparing to go shopping after the christmas holidays, christy actively scans the ads in the local newspaper for coupons an

d contests. while in the store, christy also looks for free samples of new products and products she hasn't purchased previously. the coupons, contests, and free samples are all examples of __________?
Business
1 answer:
alexandr402 [8]2 years ago
8 0

Answer:

Promotions

Explanation:

There are 4 P's of marketing. Promotion is the "P" that deals with coupons, contests, and free samples. Promotion is focused on getting consumers to buy the products.

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3 years ago
Which of the following is an incorrect statement regarding variances?
laiz [17]

Answer:

The answer is B.

Explanation:

Variance is the difference between the expected sales(revenue), price, material quantity, material cost(expense) and the actual sales, price or material quantity.

Sometimes, expected or budgeted sales or price might be higher than actual sales or price, if this happens the variance is an unfavorable one.

And if it is the actual that is higher or more than the budgeted or expected sales or price, we say it is a favourable variance.

4 0
3 years ago
What is the total package that a firm offers employees in return for their labor?
pshichka [43]
<span>Employers that are able to target their benefit package to attract and keep the retirement and health care continue to attract and retain employees. In addition the compensation package is a major factor in retaining skilled workers include the salary, other benefits, location, opportunities for career advancement the job, reputation of the organization and other similar factors plays an important role of the labor.</span>
7 0
3 years ago
Read 2 more answers
Brief Exercise 5-1 Presented below are the components in determining cost of goods sold. Determine the missing amounts. Beginnin
erik [133]

Answer:

A. Ending Inventory = $58,000

B. Purchases = $67,900; Cost of goods sold = $79,700

C. Beginning Inventory = $39,000; Cost of goods sold = $128,700

Explanation:

The following statement is used to calculate cost of goods sold:

Beginning Inventory

Add: Purchases

Cost of Goods Available for Sale

Less: Ending Inventory

<em>Cost of Goods Sold</em>

Requirement (A)

Beginning Inventory                         = $81,100

Add: Purchases                               = $98,900

Cost of Goods Available for Sale   = $180,000

Less: Ending Inventory                    = $58,000   (Note - 1)

Cost of goods sold                          = $122,000

Note - 1

Cost of Goods Available for Sale - Ending Inventory = Cost of goods sold

$180,000 - Ending Inventory = $122,000

or, - Ending Inventory = $122,000 - $180,000

Therefore, Ending Inventory = $58,000

Requirement (B)

Beginning Inventory                        = $48,100

Add: Purchases                               = $67,900 (Note - 2)

Cost of Goods Available for Sale   = $116,000

Less: Ending Inventory                    = $36,300  

Cost of goods sold                          = $79,700 (Note - 3)

Note - 2

Beginning Inventory + Purchases = Cost of Goods Available for Sale

or, $48,100 + Purchases = $116,000

or, Purchases = $116,000 - $48,100

Purchases = $67,900

Note - 3

Cost of Goods Available for Sale - Ending Inventory = Cost of goods sold

$116,000 - 36,300 = Cost of goods sold

Cost of goods sold = $79,700

Requirement (C)

Beginning Inventory                        = $39,000  (Note - 4)

Add: Purchases                               = $119,000

Cost of Goods Available for Sale   = $158,000

Less: Ending Inventory                    = $29,300  

Cost of goods sold                          = $128,700

Note - 4

Beginning Inventory + Purchases = Cost of Goods Available for Sale

or, Beginning Inventory + $119,000 = $158,000

or, Beginning Inventory = $158,000 - $119,000

Beginning Inventory = $39,000

6 0
3 years ago
What is a profit?
Shalnov [3]

Answer:

Profit is the amount of money gained by someone or a business after the total costs are taken away from the revenue

profit = total revenue - total costs

it is the surplus left from revenue after taking away all costs

8 0
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