Answer:
Yes
Explanation:
The customer must feel happy, and comfortable in the environment that shopkeeps set up. An unhappy customer is far less likely to purchase in quantity and may be less attracted to products. The experience of shopping must be positive if the manager wishes to succeed.
Examples may be seen in MacDonalds, where the "Happy" meal exists, where bright colours are used and service must be supportive of the customers needs and thoughts.
Answer:
What is the amount of Supplies Expense that AllTech Corporation will recognize for the year?
$1050
Explanation:
Beggining of the year 1800
Purchased 1150
End of the year 1900
Expenses 1050
end = beg+purtcahse-expense
expense=beg+purchases-end
expense=1050
Answer:
$210,000
Explanation:
With the provided information we have,
August budgeted sales = 8,000 units
Growth every month = 5% increase in units
Sales for September = 8,000 + (8,000
5%)
= 8,000 + 400 units = 8,400 units
Selling price = $25 for each unit
Therefore, expected sales total for the month of September = 8,400
$25 = $210,000
Answer:
e. Buyers
Explanation:
As per Michael Porter's 5 forces to assess industry attractiveness, following are the five forces:
1. Buyer power
2. Supplier power
3. Threat of substitutes
4. Threat of new entrants
5. Competitive Rivalry
As per the given information, the students represent the buyer power with respect to their negotiation or bargaining power. This means the influence and control buyers exercise over price of products (textbooks) here.
In the given case, the supplier power appears more domineering since buyers, the students have no other option but to buy the updated textbooks beyond a period of time as those books have been suggested by the professor.
Answer:
$0.70
Explanation:
Given that,
Direct materials costs = $660,000
Direct labor costs = $3,100,000
Factory overhead costs applied = $2,170,000
company's predetermined overhead rate for year 2017:
= Factory overhead costs applied ÷ Direct labor costs
= $2,170,000 ÷ $3,100,000
= $0.70
Therefore, the company's predetermined overhead rate is 0.70