Pls help !! I’ll mark the best one

For revenue managers working in the lodging industry the term ""Place"" in the 4P’s of the Marketing Mix refers to two items. On

Ilya [14]

Answer:

The property's distribution channels.

Explanation:

The marketing mix is commonly performed through the 4 P’s of marketing which are:

Price.

Product.

Promotion and

Place.

And the term 'Place' or 'Placement' in the 4 P’s of the marketing mix has to do with how the service will be rendered to the customer. And this refers to the physical location of the hotel and distribution channels, that is, how the service can be rendered to the customer and help assess what channel is the most suited to a service.

4 0

3 years ago

Bauer Manufacturing uses departmental cost driver rates to allocate manufacturing overhead costs to products. Manufacturing over

Diano4ka-milaya [45]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Manufacturing overhead costs are allocated based on machine-hours in the Machining Department and based on direct labor-hours in the Assembly Department.

Machining:

Machine-hours= 50,000

Manufacturing overhead costs= $ 280,000

Assembly:

Direct labor-hours= 40,000

Manufacturing overhead costs= $ 360,000

First, we need to calculate the estimated overhead rate for each department:

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

<u>Machining:</u>

Estimated manufacturing overhead rate= 280,000/50,000= $5.6 per machine hour

<u>Assembly:</u>

Estimated manufacturing overhead rate= 360,000/40,000= $9 per direct labor hour

Now, we can allocate overhead to Job 316:

Machining Assembly

Direct labor-hours 120 75

Machine-hours 45 5

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Machining:

Allocated MOH= 5.6*45= $252

Assembly:

Allocated MOH= 9*75= $675

5 0

3 years ago

Your retirement account has a current balance of $50,000. You plan to add $6,000 a year to the account for each of the next 30 y

enot [183]

Answer:

21.45%

Explanation:

Remaining amount to have $1,000,000 = $1,000,000 - $50,000 = $950,000

Using the interest rate function RATE(nper,pmt,pv,fv) in the excel, we obtain an interest rate of 21.45%

Where,

nper = number of period = 30

pmt = annual payment

pv = present value which has a default value of 0.

fv = future value = $950,000

Note: Find attached the excel sheet to see result.

Download xlsx

4 0

3 years ago

If a firm establishes maximizing profits at the most important goal of the firm, which of the following would not be given prope

Dima020 [189]

Answer:

It is Risk (C)

Explanation:

Sales Revenue : A company with profit maximization objective will adopt every necessary strategy and marketing techniques to increase it sales revenue.

Expenses : In order to maximize profit, all discretionary expenses and costs must be kept as low as possible .

Risk : A profit-conscious company will not be mindful of risk regardless of their impact and will be ready to take higher risk. The higher the risk, the higher the return and vice-versa.

Cost of goods Sold : these represents direct costs incurred to generate revenue. Hence, in order to maximize profit, this must be kept low as well.

6 0

3 years ago

Advancements in technology alter the way jobs are performed but do not alter the physical and social environments of the workpla

ella [17]

I would say this is false. Some companies today use the hover boards to get around the office. Also Computers replaced stacks of paper. Cell phones also changed how people talk not only in everyday life but also in the environments of workplaces.

3 0

3 years ago

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