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ikadub [295]
3 years ago
10

When operating in a constrained environment, which products should be produced? a. products with the highest contribution margin

per unit b. products with the highest contribution margin per unit of the constrained process c. products with the highest selling price d. products with the lowest allocated joint cost
Business
1 answer:
evablogger [386]3 years ago
4 0

Answer: B. products with the highest contribution margin per unit of the constrained process.

Explanation:

When operating in a constrained environment, the products that should be produced are the products with the highest contribution margin per unit of the constrained process.

This is essential for the company to maximize its total contribution margin. This in turn will help the company in realizing revenue and also maximizing profit.

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Write any 4 points regarding the nature of target customers, which in the present times has led to the growing importance of ‘Pe
Kryger [21]

Answer:

A target customer profile is simply a specific group of customers most likely to respond positively to your promotions, products, and services. 4 points regarding the nature of target customers:

  • What kind of people we’re looking?
  • Where to find them?
  • What our customers want from our brand, to adapt our value proposition so that our brand is relevant to a specific need or problem?
  • How they compare and choose products to adjust marketing campaigns to make our offering seem the most compelling?

Digital marketing has led to the growing importance of ‘Persuasive function of Promotion' because customers can learn about promotions from home and even compare the campaigns.

Explanation:

Persuading function of Promotion is to motivate customers to buy products under promotion due to intense competition among different industries producing similar types of products.

7 0
4 years ago
Smitty Museum purchased the copyright to a piece of artwork for $925,000. Smitty plans to reproduce 2.1 million posters of the a
Harman [31]

Answer:

amoritzation expense 3,268

           copyright                       3,268

Explanation:

We will divide the acquisition cost by the total units of production:

925,000 / 2,100,000 = 0.024571429  this would be the rate per poster

<u>Then we multiply by this year level:</u>

(it is convinient to do all in a single step if using a calculator to avoid any rounding error)

133,000 x 925,000 / 2,100,000 = $3,268.00

amoritzation expense 3,268

           copyright                       3,268

8 0
4 years ago
Paloma Company shows the following balances in selected accounts of its adjusted trial balance. Supplies $32,000 Supplies Expens
choli [55]

<u>Answer:</u>

<u>Closing entries </u>

Date  account and explanation                    Debit           Credit

Dec 31  Service revenue                               108000  

Income summary                                                         1080000

(To close revenue)    

   

Dec 31  Income summary                           72000  

Supplies expense                                                         6000

Salaries and wages expense                                 40000

Utilities expense                                                          8000

rent expense                                                                  18000

(To close expense)    

   

Dec 31  Income summary                            36000  

Owner's capital                                                         36000

(To close income summary)    

   

Dec 31  Owner's capital                           22000  

Owner's Drawing                                                         22000

(To close withdrawal)  

3 0
4 years ago
The managers in Julio's company sponsor monthly brainstorming sessions and reward employees with gift cards and recognition when
morpeh [17]

Answer:

Learning.

Explanation:

In this scenario, the managers in Julio's company sponsor monthly brainstorming sessions and reward employees with gift cards and recognition when an out-of-the box idea leads to organizational improvements.

Hence, Julio's company is an example of a learning organization.

A learning organization is one which is typically characterized by creating an enabling environment for growth, training, and development of its employees. This opportunity and incentives help employees to engage in critical and creative thinking, research, and development. Consequently, employees would become more confident, brilliant, intelligent, knowledgeable and professionals in their assigned positions or roles, thus helping the organization to achieve its aim, goals and objectives.

<em>In a nutshell, this ultimately implies that it's very important and necessary that organizations sponsor brainstorming sessions and reward employees awesomely, when an out-of-the box idea leads to organizational improvements.</em>

7 0
3 years ago
During 2019, Ocean Consulting had the following transactions with it clients (customers): On February 1, 2019, the company recei
GalinKa [24]
Just add the number e s and you will end up with 60
3 0
3 years ago
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