Answer: Environmental context of the problem
Explanation:
The environmental context of the given problem basically consist of the various types of factors which have a huge impact on the marketing research related problems.
It basically helps in understanding the various types background related concepts about the industry and also about the client issue.
According to the given question, the marketing related issue basically include the forecast, past information and also the constraints of an organization by developing various types of technological skills in the firm.
Therefore, Environmental context of the problem is the correct answer.
Answer:
the store rent that should be allocated in department 3 is $100000
Explanation:
if we assume that we charge the rent per square feet occupied, then we can say
department rent = charge per square feet* number of square feets
r = k*sf
also if
total rent = rent department 1 + rent department 2 + rent department 3
r total = r1 + r2 + r3 = k*sf1 + k*sf2 + k*sf3 = k*( sf1 + sf2 + sf3)
k= r total / ( sf1 + sf2 + sf3)
replacing values
k = $200000/(15000 sq.ft + 10000 sq.ft +25000 sq.ft ) = $ 4 per sq.ft
thus for department 3
r3 = k* sf3= $ 4 per sq.ft * 25000 sq.ft = $100000
rent department 3 = $100000
Answer:
1) October 1:
1.1
Debit Cost of Goods sold $3,600
Credit Merchandise $3,600
1.2
Debit Cash $6,000
Credit Revenue $6,000
2) October 7
2.1.
Debit Revenue $670
Credit Cash $670
2.2.
Debit Merchandise $402
Credit Cost of Goods sold $402
Explanation:
1. October 1: when sold goods, the company recorded Cost of Goods sold and revenue:
1.1
Debit Cost of Goods sold $3,600
Credit Merchandise $3,600
1.2
Debit Cash $6,000
Credit Revenue $6,000
2. October 7
The percentage of revenue that merchandise returned = $670/$6,000 = 11.17%
Assume a constant gross profit ratio for all items sold.
Cost of returned merchandise = $3,600 x 11.17% = $402
2.1.
Debit Revenue $670
Credit Cash $670
2.2.
Debit Merchandise $402
Credit Cost of Goods sold $402
Answer:
Net operating income= 31,300
Explanation:
Giving the following information:
Static Budget:
Units= 9,000
Selling price per unit= $5
Variable Costs per unit= $1.50
Fixed Costs= 3,000
We need to determine the operating income if 9,800 units were sold:
Sales= (9,800*5)= 49,000
Total variable costs= (9,800*1.5)= (14,700)
Contribution margin= 34,300
Fixed costs= (3,000)
Net operating income= 31,300
Actually, there are a lot of options the clinic has.
<span>1st: The clinic can keep the delivered goods.
They can simply substitute one tablet of 200 milligrams of Gensol with two
tablets of 100 milligrams. Additionally, this provides some level of
flelixibility. For example, if a patient requires 300 milligrams, then they can
give out three tablets.</span>
<span>2nd: The clinic can accept some boxes of the
Gensol, and reject some of these. They can keep some tablets like in the 1st
option just to have some supply of Genson in the clinic and reject the others.</span>
<span>3rd: Since this is classifies as a
nonconforming product in the perspective of the clinic, the shipment can be
rejected entirely.</span>
