Answer and Explanation:
Regression model is basically the relationship between an independent (X) and dependent variable (Y). It may include several independent variables but there is only one dependent variable which is the subject. For example: A real estate agent wants to find out what prices he/she wants to charge for houses in a particular neighborhood. Price is the dependent variable whereas number of rooms in a house and size of the house could be the independent variables.
In the question we see that the candy bar manufacturer wants to find out if the sales are influenced by price of their product. Therefore, sales is the dependent variable and price is the independent variable.
Y = a + bP
Y = Price
a = constant
b = coefficient of price
P= Price
The appropriate response is a pull promotional strategy. A pull promotional strategy propels clients to effectively search out a particular item and it best for new items or for the situation when a maker has a solid and unmistakable brand.
<span>New product strategy. This is a rather risky move to make but many small businesses do this when it fits in with their existing set up including distribution and sales. The key thing with this strategy is that he needs to know his market and needs to understand his current set up for creating, distributing, and the sales of his current products and how a new product will fit into this and is there a product that potentially fit better.</span>
Hello there!
There is quite a HUGE difference between these both. When being frauded or making a fraud, this would also be known as stealing money.
But when making a mistake in a statement, they can be things resolved faster than if a person were to steal money. When making this mistake, you could resolve this by explaining why this was a mistake and also what could you do to fix it as well.
Both of these kind of acts are seriously two major different things, they have nothing in common.
Answer:
- total product costs incurred to make 27,500 units = $25.10 x 27,500 = $690,250
- total period costs incurred to make 27,500 units = $15.10 x 27,500 = $415,250
- total product costs incurred to make 31,000 units = $25.10 x 31,000 = $778,100
- total period costs incurred to make 24,000 units = $15.10 x 24,000 = $362,400
Explanation:
Average Cost per Unit
- Direct materials $8.90
- Direct labor $5.90
- Variable manufacturing overhead $3.40
- Fixed manufacturing overhead $6.90
- Fixed selling expense $5.40
- Fixed administrative expense $4.40
- Sales commissions $2.90
- Variable administrative expense $2.40
Product costs include direct labor, direct materials, production supplies, and factory overhead. Product costs per unit = $8.90 + $5.90 + $3.40 + $6.90 = $25.10
Period costs include selling and administrative expenses. Period costs per unit = $5.40 + $4.40 + $2.90 + $2.40 = $15.10
