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2 years ago

What is product positioning?

1 answer:

3 0

Product positioning is the process of deciding and communicating how you want your market to think and feel about your product

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I love roleplaying in bloxburg! My user is 1_iaaa

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3 years ago

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Welcome to week 15 of your course. In this discussion question you have the opportunity to be creative and to relate what you ha

irina [24]

Answer:

I gain a lots of knowledge in my present job. I even have advanced skills like company statement, shopper treatment, team expansion, creative thinking and improvement, people's administration abilities, intervention abilities, inducement abilities, management abilities etc.

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3 years ago

Schrute Farm Sales buys portable generators for $ 470 and sells them for $ 720 He pays a sales commission of 5% of sales revenu

tigry1 [53]

Answer:

The contribution margin statement is found below with a contribution margin of $149,800 and operating income of $145100

Explanation:

Contribution Margin Statement

Sales revenue ($720*700) $504000

Variable costs:

Cost of generators($470*700) ($329000)

Commission(5%*$504000) <u> ($25200)</u>

Contribution margin $149,800

Fixed costs

Rent ($3000)

Additional commission <u> ($1,700)</u>

Operating income $145100

Cost of rent is fixed as it is not depended on the quantity of generators sold.

Additional commission is fixed amount,so it is a fixed cost, while costs of buying generators as well as the commission of 5% are both variable costs.

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3 years ago

the business strategy of differentiation reflects unique and frequently innovative product, or service. true or false

RoseWind [281]

Answer:

TRUE

Explanation:

In simple words, differentiation strategy refers to the business strategy under which an organisation tries to get competitive advantage in the market by adding some unique features in the existing products or by introducing brand new products for utilization.

This strategy is used by service industries as well in which the organisations frequently introduce new technologies for better operating activities. Such strategies can sometimes lead to establishment of new industry in which the innovating firm gets the first mover advantage.

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3 years ago

K Inc. has provided the following data for the month of May: Inventories: Beginning Ending Work in process $ 17,000 $ 12,000 Fin

MAVERICK [17]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Inventories:

Beginning Work in process $ 17,000

Ending WIP= $ 12,000

Beginning Finished goods $ 46,000

Ending Finished goods $ 50,000

Additional information:

Direct materials $ 57,000

Direct labor cost $ 87,000

Manufacturing overhead cost incurred $ 63,000

Manufacturing overhead cost applied $ 61,000

First, we need to calculate the cost of goods manufactured:

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 17000 + 57000 + 87000 + 61000 - 12000= 210,000

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 46000 + 210000 - 50000 = 206,000

Adjusted COGS= COGS + under-allocated overhead= 206000 + 2000= 208,000

7 0

3 years ago