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Charra [1.4K]
3 years ago
11

The management team at mercury, a department store, has received feedback from the customer service department that the store s

exchange policy creates a lot of stress for customers. the customers need to visit several counters before their product is finally exchanged with another. all attempts to interact with customers to study the problem have failed because consumers chose to become hostile, rather than giving any constructive feedback. the team is now planning to conduct market research by monitoring people s behavior as they wait in line for products to be exchanged. what type of research is the store conducting?
Business
2 answers:
vampirchik [111]3 years ago
7 0

The store would be conducting primary research because this is original research and data collection. You are going to be the person who obtains this raw data directly and it will be collected specifically for your current research need.

Dimas [21]3 years ago
4 0

Group of answer choices:

A) Focus group research

B) Surveys

C) Observational research

D) Experimental research

Answer:

The correct answer is letter "C": Observational research.

Explanation:

Observational research is conducted when there is a need to analyze the behavior of the target population in the same field where actions take place. The target audience is recorded so that they can be studied in depth. This type of research is less hypothetical as it captures what the target population actually does in a regular real-life situation.

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Which savings account will earn you the most money?
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3 years ago
If Wild Widgets, Inc., were an all-equity company, it would have a beta of .95. The company has a target debt-equity ratio of .4
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Answer:

see explanation

Explanation:

a. The company's cost of debt

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Direct labor or machine hours may not be the appropriate cost driver for overhead in all areas of manufacturing due to the compl
MrRa [10]

Answer:

WATERWAYS CORPORATION

a.

Activity Cost                        Overhead          Actual Cost  

Pools Activity-                       Rates                Assigned

Based  

Irrigation installation                $  154.20    $1,995,502.20

Machining (all machine use)        $0.05      1,670,450.00

Customer orders                        $12                30,240.00

Design                                         $102.50              717.50

Selling                                         $16             353,600.00

b. Classification of activities by level:

Activities                                                                  Levels

Testing of products (if all items are tested)            Unit

Testing of products (if all items are not tested)    Batch  

Designing new products                                        Product  

Packaging                                                                Unit  

Molding                                                                    Product  

Assembling                                                              Batch  

Depreciation                                                            Facility  

Machine maintenance                                            Unit  

Advertising                                                              Product  

Equipment setups                                                  Batch  

Electricity required to run equipment                   Facility  

Requisitioning materials                                        Unit

Explanation:

a) Data and Calculations:

WATERWAYS CORPORATION

Activity Cost                                       Estimated   Expected       Actual Use

Pools                            Cost Drivers  Overhead  Use of Cost     of Drivers

                                                                              Drivers per

                                                                                Activity    

Irrigation installation Labor cost      $1,998,432   12,960                   12,941

Machining                 Machine hours 1,670,400   33,408,000  33,409,000

Customer orders      No. of orders        30,636     2,553                   2,520

Design                      Cost per design         820             8                      7

Selling                       No. of sales calls 350,400    21,900               22,100

Overhead Rates:

Irrigation                 $1,998,432/12,960    = $154.20 per DLH

Machining                 1,670,400/33,408,000 = $0.05 per machine hour

Customer orders      30,636/2,553 = $12 per order

Design                       820/8 = $102.50 per design

Selling                         350,400/21,900 = $16 per sales call

Activity Cost                        Overhead          Actual Cost  

Pools Activity-                       Rates                Assigned

Based  

Irrigation installation                $  154.20    $1,995,502.20 ($154.20*12,941)

Machining (all machine use)        $0.05      1,670,450($0.05*33,409,000)

Customer orders                        $12                30,240 ($12*2,520)

Design                                         $102.50              717.50($102.50*7)

Selling                                         $16             353,600($16*22,100)

b) Levels of Activity:

Unit-level activities: At this level, the costs are concerned with direct materials, direct labor, and machine maintenance.

Product-level activities are specific to a product.

Batch‐level activities require a group (batch) of units to be produced or some processes performed together.

Facility-level activities are support activities required for the development and production of goods and services.  They are organization-wide.

8 0
3 years ago
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