Answer: market testing
Explanation: In simple words, market testing refers to the process in which a product is tested in real situation with actual potential customers before introducing it to the market. Market testing is usually done for the purpose of detecting problem so that appropriate changes could be made in the product.
In the given case, the company introduced its ice cream to only few numbers of customers to evaluate their reactions.
Hence that were at market testing stage
Answer:
Unitary cost= $176.7
Explanation:
<u>First, we need to calculate the predetermined overhead rate:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= (488,400/74,000) + 2.7
Predetermined manufacturing overhead rate= $9.3
<u>Now, we can determine the total cost for Job A496:</u>
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
Total cost= 930 + 1,860 + (9.3*80)
Total cost= $3,534
<u>Finally, the unitary cost:</u>
Unitary cost= 3,534/20
Unitary cost= $176.7
Traditional store-based retailers are placing more emphasis on other channels and evolving into online-based business as well as store-based. As times change within society, businesses have to adapt and change so that they grow with their customer base. Although they can still focus on their store-based business, they usually have a split group of people who also prefer to shop within other channels.
Answer:
The answer is 23,500 units
Explanation:
Break-even point is the point at which the business is neither making profit or loss. The point at which total revenue equals total cost.
The formula for breakfast even point is Fixed cost ÷ contribution margin.
Where contribution per margin is selling price minus variable cost.
Contribution margin is now:
$16 - $9
$7 per unit.
Therefore, break-even point is
$164,500 ÷ $7
23,500 units
Answer: Boycott
Explanation:
A Boycott in the traditional sense refers to when entities be it people or organizations, decide to stop transacting with another party thereby refusing to either buy, sell to or use the boycotted party's products or engage in an activity related to the boycotted entity.
In terms of business therefore, when competition firms agree to a concerted refusal to deal with a third party in any way, they are boycotting that third party.