Answer:
target markets
Explanation:
Based on the information provided within the question it can be said that the firm must choose it's target markets carefully. In the context of marketing, target markets are the population of consumers that the marketing is aimed towards convincing them to buy the company's product. Choosing the right market would lead to an explosion in sales, but the opposite would completely kill a products sales.
Explanation:
think the answer is E all of the Above
Answer:
Explanation:
It differs from those adopted by taxi companies because platform business most times embrace a monopoly approach because they take over the market. Platform business have strong network effect and multihoming cost and they don't have a taste for service, therefore there is the consideration of strong Internet based network which connects drivers to customers which is a competitive advantage. There is the e-payment platform. The organization does not mange drivers or seek patronage since they do not bearing homing cost. Their only aim is to create a connection between drivers and their customers.
Answer:
d. 301,000
Explanation:
Given that the cost per textbook is $27, we know that the addition of variable and fixed Cost gives total cost.
We will multiply variable cost per textbook of $20 with current volume of book sold per year 43,000, which gives a total variable cost of $860,000.
Also, total cost would be 43,000 multiplied with $27 , which is $1,161,000 minus the total variable cost of $860,000 equals $301,000 which is the associated fixed cost.
Answer:
$2,880
Explanation:
Given that,
Total machine-hours = 30,300
Total fixed manufacturing overhead cost = $ 575,700
Variable manufacturing overhead per machine-hour = $ 4.00
For Job T687:
Number of units in the job = 10
Total machine-hours = 30
Direct materials = $730
Direct labor cost = $1,460
Total variable overhead estimated:
= Variable manufacturing overhead per machine-hour × Total machine-hours
= $4 × 30,300
= $121,200
Total overhead estimated:
= Total variable overhead estimated + Total fixed overhead estimated
= $121,200 + $575,700
= $696,900
Predetermined overhead rate:
= Total overhead estimated ÷ Total machine-hours
= $696,900 ÷ 30,300
= $23 per machine hour
Total overhead applied:
= predetermined overhead rate × Total machine hours for Job T687
= $23 × 30
= $690
Total job cost:
= Direct material + Direct labor + Total overhead
= $730 + $1,460 + $690
= $2,880
