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Lelechka [254]
3 years ago
8

In 2019, a marketing manager for New Balance’s Fresh Foam Zante shoe needs to forecast sales through 2021. She begins with the k

nown totals for 2018 and adjusts for positive factors like acceptance of new high-tech designs and great publicity, and for negative factors like higher inflation and predicted moves by the competition. This type of forecast is referred to as
Business
1 answer:
Gekata [30.6K]3 years ago
7 0

The correct answer to this open question is "the lost-horse forecasting."

In 2019, a marketing manager for New Balance’s Fresh Foam Zante shoe needs to forecast sales through 2021. She begins with the known totals for 2018 and adjusts for positive factors like acceptance of new high-tech designs and great publicity, and for negative factors like higher inflation and predicted moves by the competition. This type of forecast is referred to as <u>lost-horse forecasting.</u>

In this kind of forecast, you first take into consideration the last known value of the article that is going to be forecasted, writing all the factors that might affect it in the forecast. Then you have to evaluate if that would have a positive or negative influence or impact in the article. Finally, you project a feasible situation.

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The _ is a financial aid program based on financial need that provides funds for student employment
scZoUnD [109]

Answer

Hi,

The Federal work study fund

Explanation

This is a federally funded program for students that demonstrate financial need who are offered part-time jobs to help them earn money to pay for college or career school fees. The work offered is community service oriented and payments are paid hourly depending on the number of hours a student works.

Best wishes!

7 0
3 years ago
Calculate the total producer surplus at the market equilibrium price and quantity
IgorLugansk [536]

Answer:

a is the answer

Explanation:

5 0
2 years ago
McCanless Co. recently purchased an asset for $2,800,000 that will be used in a 3-year project. The asset is in the 4-year MACRS
MAVERICK [17]

Answer:

= $1,244,600

Explanation:

Cost of asset = $2,800,000

Using MACRS depreciation schedule, calculate depreciation amount per year by multiplying each year's depreciation percentage by the cost of the asset;

Depreciation percentage (Yr1 ) = 33.33% or 0.3333 as a decimal

Depreciation amount (Yr1 ) = 0.3333 * $2,800,000 = $933,240

Depreciation percentage (Yr2 ) = 44.45% or 0.4445 as a decimal

Depreciation amount (Yr2 ) = 0.4445 * $2,800,000 = $1,244,600

5 0
3 years ago
Whispering Company is planning to produce 1,100 units of product in 2020. Each unit requires 2.60 pounds of materials at $4.80 p
Olegator [25]

Answer:

Explanation:

a. The answer to question (a) goes thus:

Direct materials will be:

= (1,100 × $2.60) × $4.80

= $13,728

Direct labor will be:

= (1,100 × 1/2) × $14.00

= $7,700

Overhead will be:

= $7,700 × 90%

= $7700 × 0.9

= $6,930

b. The standard cost of one unit of product will be calculated as follows:

Direct materials = ($2.60 × $4.80) = $12.48

Add: Direct labor (1/2 × $14.00) = $7.00

Add: Overhead = ($7.00 × 90%) = $6.30

Standard cost = $12.48 + $7.00 + $6.30 = $25.78

3 0
2 years ago
Select the objective observational statement:
MariettaO [177]
A is correct.

please vote my answer brainliest. thanks!
7 0
3 years ago
Read 2 more answers
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