Answer:
a. $412,000
Explanation:
Conversion cost is the combination of direct labor and manufacturing overhead which directly or indirectly are necessary to produce a product other than the direct raw materials.
We know,
<em>Conversion costs = Direct Labor + Manufacturing Overhead</em>
Here,
Manufacturing overhead = Indirect material + Indirect Labor + Indirect overhead (including variable and fixed overhead)
Given,
Direct labor = $195,300
Manufacturing overhead = Factory overhead = $216,700
Selling expenses will not be included because it is not a direct or indirect overhead expense.
Therefore,
<em>Conversion costs = </em>$195,300 + $216,700
<em>Conversion costs = </em>$412,000
<span>With the boom of social media, the customer’s path to purchase has
significantly changed. Traditional, “above-the-line” advertising, specifically
done on TV, print or radio is not as effective as it was before when it comes
to convincing consumers to purchase products. More and more people would resort
to seeking advise and referrals from friends in their respective social
networks. Consumers are wiser now given that they know they have the power to get
real-time information and data simply by the act of crowdsourcing. Engaging
with friends from social media networks would give them access to more genuine
feedback or POV on certain products and services. What traditional advertising
lacks is a venue for consumers to get immediate answers to possible questions
they have on products being advertised. Consumers don’t appreciate information
shoved down their throats as they know that marketers have full control of the
messages being communicated in their ads. It’s too one-sided. There should be a
platform for dialogue which is provided by social media. This is where the
fundamental shift of power takes place as described by Mr. Safco. It’s all about engagement and two-way
communication as he puts it. </span>
Answer:
E) theme/festival center.
Explanation:
A theme or festival center is basically a shopping mall or strip mall that focuses primarily on tourists. It combines shopping, entertainment, dining and sometimes even architectural themes. My favorite example is the Lincoln Road Mall in South Beach which has bars, stores, restaurants, etc. And most importantly, I lived there for a couple of years. It was great until European tourists flooded it during August and September, the rest of the year is a really fine place.
Answer:
The explanation of this question is given below in the explanation section.
Explanation:
In this question, it is asked about to select one project among two given project based on the evaluation criteria. These evaluation criteria include:
- Proven technology
- Ease of transition
- Projected cost saving
Based on my analysis, I will select the project cairso because It has high transition and high projected cost saving.
The analysis of these project is shown in attached picture with this solution.
