Answer:
The correct answer is letter "B": Convenience goods.
Explanation:
Intensive distribution is the act by which companies offer their products to as many stores as possible with the purpose of having the good available almost everywhere consumers go. This type of marketing strategy fits best with convenience goods such as grocery items, fuel or newspapers.
Answer:
The markup per unit is $105
Explanation:
The computation of the markup per unit is shown below:
Markup per unit is
= Normal selling price per unit - total cost per unit
= $480 - $375
= $105
We simply deduct the normal selling price per unit from the total cost per unit so the markup per unit could come
Hence, the markup per unit is $105 and the same is to be considered
Answer:
it wll apply 335 dollars of overhead
Explanation:
Assembly rate: 45 dollars per machine hour
Sanding rate 15 dollars per labor hour
On assembly we will only follow the machien hours to apply the overhead rate
On sanding we will apply based on labor hours on that department, we will ignore the rest.
Job 603
Machine hours on Assembly: 4 x 45 = 170
Labor hours on Sandings: 11 labor hours x 15 = 165
applied overhead using the deparmental overhead rate: 335
Answer: c. $7,100
Explanation:
Supplies cost according to the flexible budget is to be calculated based on the actual level of activity.
The cost is:
= Fixed cost + (Variable cost * actual level of activity)
= 2,240 + (6 * 810)
= 2,240 + 4,860
= $7,100
Answer:
correct option is d. No, because EVPI is $25, which is less than the consultant's fee of $30
Explanation:
given data
accuracy = 100 %
perfect information = $200
EMV = $175
to find out
Expected Value of perfect Information
solution
we know that Expected Value of perfect Information (EVPI) is the maximum that needs to be paid to obtain perfect information
so
Expected value of perfect information = perfect information - EMV ..........1
put here value we get
Expected value of perfect information = $200 - $175
Expected value of perfect information = $25
so correct option is d. No, because EVPI is $25, which is less than the consultant's fee of $30