Answer:
b. Dominates a particular target market although its overall market share may be low.
Explanation:
- A niche strategy of the porter was to come with the product that fills the market segment and is characterized by the narrow specialization of the services focusing on a specific need.
Answer: Newton Grocers
Explanation: Riley Market, Newton Grocers, and Barlow Pantry are grocery stores. During physical inventory, Riley remains fully open, while Newton closes until the count is complete. Barlow falls between the others, selling only a small selection of essential items such as milk and bread during inventory. Newton Grocers would have the most accurate inventory because Newton doesn't close until the count is complete.
Answer:
The total direct materials cost variance is $3,790 favorable
Explanation:
The computation of the total direct materials cost variance is shown below:
Total direct materials cost variance = Actual cost - standard cost
where,
Actual cost is $267,790
And, the standard cost = Actual finished units produced × Direct materials standard
= 22,000 × $12
= $264,000
Now put these values to the above formula
So, the value would equal to
= $267,790 - $264,000
= $3,790 favorable
Based on the information given the amount of the cost of goods sold is:$278,240.
<h3>Cost of goods sold</h3>
Using this formula
Cost of goods sold=(1-Gross profit percentage)×Net sales
Let plug in the formula
Cost of goods =(1-.20)×$347,800
Cost of goods sold=.80×$347,800
Cost of goods sold=$278,240
Inconclusion the amount of the cost of goods sold is:$278,240.
Learn more about cost of goods sold here:brainly.com/question/24561653
