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3 years ago

In developing a marketing plan for a catering business you'll want to include a display as in the yellow pages because

1 answer:

5 0

When you are developing a marketing plan, you need to write a comprehensive solution to marketing. Advertising is a very important part of a marketing plan. One of the questions that should be asked is: what vehicles are you going to use for advertising - print media, digital media, radio, television? In the print media, the Yellow Pages is the first port of call for anyone who is looking for a business who can cater for an event or function. It therefore makes good business sense to advertise in the Yellow Pages.

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DL variances

diamong [38]

Answer:

Logen Construction

a. Standard hours for July Production = 3,350

b. Actual hourly wage rate = $18.25

c. Direct labor variances:

i. Labor Rate Variance = $827.50 U

ii. Labor Efficiency Variance = $720 F

iii. Total Labor Variance = $107.50 U

Explanation:

a) Data and Calculations:

Direct labor hours per frame = 5 hours

Standard hourly labor rate = $18

Standard direct labor cost per frame = $90 ($18 * 5)

Number of frames produced in July = 670

Actual direct labor hours = 3,310

Actual wages earned by workers = $60,407.50

a. Standard hours for July Production = Actual production unit multiplied by standard hours per unit

= 3,350 (670 * 5) hours

b. Actual hourly wage rate = Actual direct labor cost divided by actual direct labor hours

= $18.25 ($60,407.50/3,310)

c. Direct labor variances:

i. Labor Rate Variance = Standard direct labor rate - Actual direct labor rate * Actual direct labor hours

= $827.50 U ($18 - $18.25) * 3,310

ii. Labor Efficiency Variance = Standard direct labor hours - Actual direct labor hours * Standard Direct Labor Rate

= $720 F (3,350 - 3,310) * $18

iii. Total Labor Variance = Standard Direct Labor Cost - Actual Direct Labor Cost

= $107.50 U ($60,300 - $60,407.50)

3 0

3 years ago

Which of the following best exemplifies the relationship between a capital good and a consumer?a. A commercial baking oven and l

mestny [16]

Answer:

Explanation:

A capital good is a good that is used to produce another good. examples of capital goods are : tools, buildings, equipment

A consumer good is a good that is directly consumed by final end users e.g. food, clothing, jewellery.

The oven used to make bread is the capital good, while, the bread is the consumer good. Bread is sold to consumers

3 0

3 years ago

A growing car dealership would like to expand its market with online sales. To do this, they want to allow customers to put toge

Tpy6a [65]

Interactive media would be the best option, as customers could piece together their ideal vehicle right on screen.

4 0

4 years ago

Read 2 more answers

Your local grocery store offers a coupon that reduces the price of milk during the coming week. The regular retail price of milk

Sholpan [36]

Answer:

We do not have enough information to answer this question.

Explanation:

The price elasticity of demand measure the elasticity of anything when there is a change in the quantity demanded of that thing relative to the percentage change in price of it.

The formula for Price elasticity of demand is,

=> Percentage change in QTY demanded / Percentage change in price.

Hence it can be concluded that although we have the change in price but we do not have the quantity mentioned in the question anywhere.

Hope this helps.

Thankyou.

5 0

4 years ago

List 10 possible costs in owning and running a tennis shoe factory. Identify whether each cost is fixed or variable. These do no

I am Lyosha [343]

Answer:

The 10 possible costs in owning and running a tennis shoes factory are:

1) Rent - fixed , 2) electricity and other utility bills - fixed, 3) salaries of workers- fixed, 3) Shoe laces- variable, 4) cost of leather - variable, 5) cost of rubber -variable, 6) synthetics used in shoes - variables cost 7) depreciation on tools and machinery - fixed, 7) cost of fabric used in shoemaking - variable, 8) Advertising cost - fixed 9) Insurance - fixed. 10) cost of plastic foam - variable.

Explanation:

Fixed cost are the expenses that do not vary with the changes in the level of output within a period of time. It remains the same and fixed.

Whereas, variable costs are the expenses which keeps on changing with the change in level of output produced. They are flexible and keeps on changing depending upon the level of output.

7 0

3 years ago