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Gnesinka [82]
3 years ago
9

Golf Digest Companies marketing research department used focus groups, consumer diaries, and in-depth interviews to help their c

lient Callaway Golf Company. These research methods are called:A. quantitative methods B. descriptive researchC. strategic research methodsD. qualitative methods
Business
1 answer:
tangare [24]3 years ago
5 0

Answer:

Option D; QUALITATIVE METHODS

Explanation:

Qualitative market research is an open ended questions(conversational) based research methods that heavily depends on market research methods like; focus groups, in-depth interviews and other renovative research methods.

It is based on a small but highly validated sample size, the small size enables "cost saving" while the importance of the samples and the lack of a defined questionnaire allows free and in-depth discussion and analysis of topics.

Qualitative marketing researchers collect data ranging from focus group, case study, participation observation, innovation game and individual depth interview.

Therefore, the research methods Golf Digest Companies marketing research department used to help their client Callaway Golf Company are called QUALITATIVE METHODS.

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Erie Company manufactures a mobile fitness device called the Jogging Mate. The company uses standards to control its costs. The
Tom [10]

a. Standard labor-hours is 7920 hours.

b. Standard labor cost allowed is $42,768.

c. The labor spending variance is $1588(U).

d.  The labor rate variance is $1706 and the labor efficiency variance $3294(U).

e.  The variable overhead rate is $5971(U) and efficiency variances for the month $5580(U).

<u>Explanation:</u>

a)Standars hours(SH) allowed to make 19800 jogging mates

=SH per unit \times 19800

=(24/60)*19800

=7920 hours

24/60 has been taken to convert minutes into hours.  

b)Standard Labor Cost (SC) of 19800 jogging mates

=19800 \times SC per unit=19800 \times $2.16\\=$42,768

=$42,768

c)Labour Spending Variance

=Standard Cost - Actual Cost(AC)=$42,768 - $44,356=$1588(U)

=$1588(U)

d)Labor Rate Variance  

=(SR per hour-AR per hour)\timesAH=(5.4-5.2)*8530=$1706(F)

=$1706

Actual Hours(AH) * Actual Rate per hour(AR)= Actual Cost(AC)

8530 \times AR = $44,356

AR = \frac{44356}{8530}\\ \\AR = 5.2

Labor Efficiency Variance

=(SH-AH) \times SR\\=(7920-8530)*$5.4=$3294(U)

=$3294(U)

e) Variable overhead rate variance = Actual hours worked  (Standard overhead rate - Actual overhead rate)

= 8530  (4.5 - 5.20)

= $5971(U)

Actual overhead rate = $44,356 / 8530 = 5.20

Variable overhead efficiency variance = Standard overhead rate   (Standard hours - Actual hours)

= 4.50  (7290 - 8530)

= $5580(U).

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Consideration refers to what each party gets in exchange for his or her promise under a contract. A contract has four elements: agreement, consideration, contractual capacity, and legal object. Agreement refers to the contract itself, consideration to the results of the contract, contractual capacity represents your legal ability to sign the contract, and legal object is the purpose of the agreement.
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H. Cochran Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2,3
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Answer: If the required return is 11 percent, what is the project's NPV? (Do not round intermediate calculations and round your answer to two decimal places, e.g., 32.16.)

Explanation:

7 0
3 years ago
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Coronado Industries had 293000 shares of common stock issued and outstanding at December 31, 2020. No common stock was issued du
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Answer:

$3.72

Explanation:

earnings per common share = earning attributable to holder of common stock ÷ weighted average number of common stocks outstanding

therefore,

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I would say a
<span>.increase in supply</span>

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