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ludmilkaskok [199]
3 years ago
7

Amos does not want to find new customers or create new products. instead, he is opening more stores and improving the marketing

mix--more intriguing advertising, better pricing, better reward program, better in-store service, better store ambience, etc. what strategy is he using
Business
1 answer:
GarryVolchara [31]3 years ago
8 0

This is known as <u>market penetration-</u> instead of expanding his market to new customers or products he is doing a deeper development of the customers he already has to increase loyalty and sales.

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Vaughn Manufacturing uses the periodic inventory system. For the current month, the beginning inventory consisted of 476 units t
MissTica

Answer:

See below

Explanation:

The computation of ending inventory is shown below;

But first we need to determine the average cost per unit.

Average cost per unit

= (476 units × $63 + 718 units × $66 + 365 units × $68) ÷ (476 units + 718 units + 365 units)

= ($29,988 + $47,388 + $24,820) ÷ (1,559 units)

= $102,196 ÷ 1,559

= $65.55

Now, the ending inventory unit

= 1,559 units - 1,195 units

= 364 units

Finally , the ending inventory

= $65.55 × 364 units

= $23,860

4 0
3 years ago
The following costs were incurred in May:
galben [10]

Answer:

the conversion cost is $58,200

Explanation:

The computation of the conversion cost is shown below:

The conversion cost is

= Direct Labor + Manufacturing Overhead

= $32,800 + $25,400

= $58,200

Hence, the conversion cost is $58,200

It is the combination of the direct labor and the manfacturing overhead

6 0
3 years ago
Will give free brain
Andre45 [30]

Answer:

free brain ;)

Explanation:

6 0
3 years ago
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An investor wants to determine the safest way to structure a portfolio from several investments. Investment A produces an averag
Talja [164]

Answer:

If minimizing the risk is important according to the solver report the way of investing is A=41.9% ,B=15.34% and C =42.76%

Explanation:

Please see attachment

8 0
3 years ago
On January 1 a company purchased a five-year insurance policy for $2,300 with coverage starting immediately. If the purchase was
Vesnalui [34]

Answer:

Correct answer is D, Debit Insurance Expense, $460; credit Prepaid Insurance, $460

Explanation:

The company uses asset method of recording the purchase of insurance. Hence, at end of year end the company must recognize the expire portion of the policy and charge it against insurance expense.

$2,300 / 5 years = $460 (annual insurance expense)

Entry:

Debit Insurance expense $460

Credit Prepaid insurance $460

The balance of the prepaid insurance at the end of first year is $1,840 (2,300 - 460).

3 0
3 years ago
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