Answer:
$950
Explanation:
The computation of the total cost assigned is shown below:
= Direct Material cost + Direct labor cost + overhead cost
where,
Direct material cost is $350
Direct labor cost = $12 × 20 direct labor hours = $240
Overhead cost = $18 × 20 direct labor hours = $360
Now put these values to the above formula
So, the value would equal to
= $350 + $240 + $360
= $950
Answer:
0.167
Explanation:
Given the following :
Heavy usage index = 1.5
Penetration share = 0.6
Market share = 15%
Using the formula:
Heavy usage index =
market share % / [Penetration share * share of wallet]
1.5 = 15% / [0.6 * share of wallet]
1.5 × [0.6 × share of wallet] = 15%
0.9 × share of wallet = 15%
Divide both sides by 0.9
Share of wallet = 15% / 0.9
Share of wallet = 0.15 / 0.9
Share of wallet = 0.16666
Share of wallet = 0.167
Answer:
Referral
Explanation:
Referral is the term which is described as the act or way of telling someone or a person regarding the positive features or attribute of the business or the person, who is being referred by the person.
For example, referral is telling someone or person that the certain business or the person having a good product or the service, and then that person visit the place.
Under this scenario, Tom referred Tudor to contact them regarding the new game. So, it is an example which the Judy uses referral method or way with Tudor.
By spreading the process of travel to allow faster 1 to 1/person to person business.
