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iragen [17]
3 years ago
6

Bruce went shopping at the Hermes store in New York City. This is a very high-end fashion store. When he entered the store, an a

ssociate asked him what he was looking for. She then escorted Bruce to the neckwear department and had him sit (with a cup of coffee) while she brought out a selection of neckties she thought he might like. After Bruce paid for the neckties, the store had the packages shipped to Bruce's hotel. This is an example of _____________ retailing
Business
1 answer:
Kazeer [188]3 years ago
3 0

Answer: Full service

Explanation:

The full service retailing is the process which mainly focus on the services during the production of the products or goods rather than the goods.

 The full service retailing mainly focus on storing the informative sales that focus on the high retaining prices and it is customer friendly. The full service retailing is the relationship between the services provider and the customers.

According to the given situation, the Bruce situation clearly depict about the full service retailing process.  

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2 years ago
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Answer:

Variable manufacturing overhead rate variance= $664 favorable

Explanation:

Giving the following information:

Variable overhead 0.2 hours $ 5.10 per hour

The company used 1,660 direct labor-hours to produce this output. The actual variable overhead cost was $7,802.

<u>To calculate the variable overhead rate variance, we need to use the following formula:</u>

Variable manufacturing overhead rate variance= (standard rate - actual rate)* actual quantity

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Variable manufacturing overhead rate variance= (5.1 - 4.7)*1,660

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6 0
3 years ago
Gabriele Enterprises has bonds on the market making annual payments, with eight years to maturity, a par value of $1,000, and se
iVinArrow [24]

Answer:

Coupon rate = 5.8%

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The price of a bond is the present value (PV)  of the future cash flows discounted at its yield.

So we will need to work back to ascertain the coupon rate

Step 1

<em>Calculate the PV of redemption value and PV of interest payments</em>

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Step 2

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Interest payment = PV of redemption value / annuity factor

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4 0
3 years ago
In order to implement a cost-leadership strategy effectively, a ________ structure is preferred in a firm. functional and organi
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8 0
3 years ago
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For the budget period ending December 31 of the current year, Aaron Corporation estimates its ending balances for cash as $4,000
jek_recluse [69]

Answer:

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3 years ago
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