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VLD [36.1K]
2 years ago
14

2. The case says that Kayem Foods is not meeting its profit targets. Why is it difficult for this firm to make money in this mar

ket?
Business
1 answer:
swat322 years ago
3 0

Companies often set target for themselves.  The reasons why it is difficult for this firm to make money is that;

  • As a result of poor demand for the products
  • It can be also be like due to the power  or prestige gained over the years by the supermarkets is depreciating.
  • This can be due to the small price margin or the price competition from other manufacturers.
  • Losses encountered via the issue of  Private Label
  • Poor marketing and advertisement strategy and poor budget allocation for it.

Kayem Foods is a very popular brand. It is known to be a 4th generation family owned business. It has it headquartered in Chelsea, MA.

It is commonly known in the world to be the biggest processed meat company that is found in New England.  They are based on natural casing, fully cooked and fresh sausage etc.

Learn more about Food from

brainly.com/question/25884013

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、HowTotalRevenueChangesWhenPriceChanges?PleaseusetheElasticityandDemand 订curvetoexplainit.​
vlabodo [156]
<h3>When you increase price,you increase revenue on units sold.When you increase price,you sell fewer units.</h3>

Hope this helps

<h2>--SirGerick--</h2>

8 0
3 years ago
Assume that direct labor is a variable cost. The special order would have no effect on the company's total fixed manufacturing o
Tatiana [17]

Answer:

$5,370

Explanation:

Missing word: <em>"A customer has requested that Lewelling Corporation fill a special order for 2,100 units of product S47 for $26 a unit. While the product would be modified slightly for the special order, product S47's normal unit product cost is $19.20:</em>

<em>Direct materials $5.70, Direct labor 3.00, Variable manufacturing overhead 2.80, Fixed manufacturing overhead 7.70, Unit product cost $19.20"</em>

<em />

Incremental analysis

Incremental revenue (2100*26)                                   $54,600

<u>Incremental cost</u>

Direct material (2100*$5.7)                       $11,970

Direct labor (2,100*$3)                              $6,300

Variable manuf. overhead (2,100*$80)    $5,880  

Additional cost (2100*$2.00)                    $4,200

Special molds                                            $15,000

Total incremental cost                                                  <u>$49,230</u>

Incremental profit (loss)                                              <u>$5,370 </u>

The annual financial advantage (disadvantage) for the company as a result of accepting this special order should be $5,370.

5 0
3 years ago
The marginal product of labor is defined as the change in:____.
natulia [17]
The correct answer is letter A
7 0
2 years ago
Which of the following documents thanks the interviewer and restates the applicant’s interest in the job?
IgorLugansk [536]

Answer:

c

thank you letterr.........

6 0
3 years ago
Read 2 more answers
A form of legal organization in which a business association made up of two or more persons is formed for the purposes of carryi
k0ka [10]
Partnership is the answer
5 0
3 years ago
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