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qwelly [4]
3 years ago
6

What is the difference between product advertising and institutional advertising?

Business
1 answer:
Likurg_2 [28]3 years ago
5 0

Answer: Product advertising focuses on promoting specific individual products, while institutional advertising focuses on promoting your overall brand.

Explanation:

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A fast-food restaurant featuring hamburgers is adding salads to the menu The price to the customer will be the same Fixed costs
Colt1911 [192]

Answer:

$19200

Explanation:

This breakeven point can be calculated as under:

Breakeven Quantity = (Fixed Cost - Additional F. Cost) / (Selling Price - Variable Cost per unit)

Here

Fixed cost = $12,000

Variable Cost = $1.5 per unit

Selling Price = $2 per unit

Additional Fixed Cost = $2,400

By putting Values:

Breakeven Quantity = ($12,000 - $2,400) / ($2 - $1.5)

Breakeven Point = 19,200

7 0
3 years ago
Erie company manufactures a mobile fitness device called the jogging mate. the company uses standards to control its costs. the
scoray [572]

Answer:

Standard Hours     Standard Rate per Hour      Standard Cost

24 minutes (0.4 hrs.)            $5.40                                  $2.16

During August, 8,390 hours of direct labor time were needed to make 19,600 units of the Jogging Mate. The direct labor cost totaled $43,628 for the month.

1. What is the standard labor-hours allowed (SH) to makes 19,600 Jogging Mates?

  • 19,600 jogging mates x 0.4 hours = 7,840 hours

2. What is the standard labor cost allowed (SH × SR) to make 19,600 Jogging Mates?

  • 7,840 hours x $5.40 = $42,336

3. What is the labor spending variance?

  • labor spending variance = standard cost - actual cost = $42,336 - $43,628 = $1,292 unfavorable

4. What is the labor rate variance and the labor efficiency variance?

  • labor rate variance = (standard rate - actual rate) x actual hours = ([$5.40 - ($43,628/8,390 hours)] x 8,390 hours = ($5.40 - $5.20) x 8,390 hours = $0.20 x 8,390 = $1,678 favorable
  • labor efficiency variance = (standard hours - actual hours) x actual rate = (7,840 hours - 8,390 hours) x $5.20 = -550 hours x $5.20 = -$2,860 unfavorable
7 0
3 years ago
Risk-free assets have a beta of 0 and the market portfolio has a beta of 1. true or false true false
zubka84 [21]

Answer: true

Explanation:

The term risk free assets are the assets that are secure because they are expected to bring about a return while the Beta is used to know the volatility of a portfolio when it is compared to the entire market.

Risk-free assets typically have zero beta since they're risk free. Therefore, risk-free assets have a beta of 0 and the market portfolio has a beta of 1 is true.

8 0
3 years ago
How to change psn payment to not automatic
AlexFokin [52]
Just do it to the automatic way much easier
7 0
3 years ago
True or false: The cost of land owned by a business is recorded in the Land account and this account is classified as an expense
Vedmedyk [2.9K]

Its is true that the cost of land owned by a business is recorded in the Land account and this account is classified as an expense.

<h3>What is an expense?</h3>

An expense is referred to as the operating cost or capital of a business. It is all the money spent in the production process.  It is recorded in the income statement.

This includes the cost of purchasing land used for the business.

Therefore, the cost of land owned by a business is recorded in the Land account and this account is classified as an expense.

For more details on expense kindly check

brainly.com/question/25530648

4 0
2 years ago
Read 2 more answers
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