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nignag [31]
2 years ago
14

A coffee company decides to add some new flavors to its current house blend. How did this company change their product mix? Deve

loping a new product Line extension Deleting a product Product modification
Business
1 answer:
vlabodo [156]2 years ago
7 0
Principles of Marketing keeps pace with a rapidly changing field, focussing on the ways brands create and capture consumer value. Practical content and linkage are at the heart of this edition.
You might be interested in
Marv Company's direct labor costs for manufacturing its only product were as follows for October: Standard direct labor hours (D
sergejj [24]

Answer:

a. $32,000 unfavorable

Explanation:

The computation of the direct labor efficiency variance for October is shown below:-

Direct labor efficiency variance = (Standard hours for actual production - Actual hrs) × Standard rate per hour

= (5,700 × 2 - $234,000 ÷ $18.00) × $20

= (11,400 - $13,000) × $20

= $1,600 × $20

= $32,000 unfavorable

Therefore for computing the direct labor efficiency variance for October we simply applied the above formula.

4 0
3 years ago
In the month of March, Sandhill Salon services 630 clients at an average price of $120. During the month, fixed costs were $26,1
vichka [17]

Answer:

<em>Part 1.  total contribution margin in dollars</em>

Total Contribution Margin  = $37,800

<em>Part 2. per unit contribution margin</em>

contribution margin per unit of sell  = $ 60

<em>Part 3. contribution margin ratio</em>

contribution margin ratio  = 50 %

<em>Part 4. break-even point in dollars</em>

break-even point in dollars  = $ 52,320

<em>Part 5. break-even point in units</em>

break-even point in units  = 436 clients

Explanation:

<em>Part 1.  total contribution margin in dollars</em>

contribution margin per unit of sell = Sales Price × 50%

                                                             = $120 × 50%

                                                             = $ 60

Total Contribution Margin = Number of Clients × Contribution Margin per unit

                                              = 630 × $60

                                              = $37,800

<em>Part 2. per unit contribution margin</em>

contribution margin per unit of sell = Sales Price × 50%

                                                             = $120 × 50%

                                                             = $ 60

<em>Part 3. contribution margin ratio</em>

contribution margin ratio = Contribution / Sales

                                            = $ 60/ $ 120

                                            = 50 %

<em>Part 4. break-even point in dollars</em>

break-even point in dollars = Fixed Costs / contribution margin ratio

                                               =  $26,160 / 0.50

                                               = $ 52,320

<em>Part 5. break-even point in units</em>

break-even point in units = Fixed Costs / contribution per unit

                                            = $26,160 / $60

                                            = 436 clients

6 0
2 years ago
All of the following criteria serve as a valid basis for identifying potential projects in most organizations EXCEPT: ​
Slav-nsk [51]

Answer:

d. internal politics

Explanation:

Considering all the options given

Option a technological advance is a valid basis for identifying potential projects in most organizations as it may be the key driver for the profitability of a project. An investment in a technology that becomes or is obsolete would most likely result in a loss.

Option b environmental consideration is also a valid basis for identifying potential projects as a company's reputation may be jeopardized if a project is not environmentally friendly

Option c social need is also a valid consideration as the need of the consumer may determine the viability of a project.

Internal politics option d is is the only option that does not influence the viability of a project.

4 0
2 years ago
Ticker Services began operations in 2015 and maintains long-term investments in available-for-sale securities. The year-end cost
Inessa05 [86]

Answer:

1.

Dec. 31, year 1

Dr Fair value adjustment – AFS (LT) 11,140

Cr Unrealized gain – Equity 11,140

2.

Dec. 31, year 2

Dr Fair value adjustment – AFS (LT) 16,160

Cr Unrealized gain – Equity 16,160

3

Dec. 31, year 3

Dr Fair value adjustment – AFS (LT) 73,000

Cr Unrealized gain – Equity 73,000

4.

Dec. 31, year 4

Dr Unrealized loss – Equity 3,600

Cr Fair value adjustment – AFS (LT) 3,600

Explanation:

General journal for Ticker Services

1.

Dec. 31, year 1

Dr Fair value adjustment – AFS (LT) 11,140

Cr Unrealized gain – Equity 11,140

($372,000 $360,860)

2.

Dec. 31, year 2

Dr Fair value adjustment – AFS (LT) 16,160

Cr Unrealized gain – Equity 16,160

(455,800-428,500) -11,140

3.

Dec. 31, year 3

Dr Fair value adjustment – AFS (LT) 73,000

Cr Unrealized gain – Equity 73,000

(700,500-600,200)-(455,800-428,500)

100,300-27,300=73,000

4.

Dec. 31, year 4

Dr Unrealized loss – Equity 3,600

Cr Fair value adjustment – AFS (LT) 3,600

(700,500-600,200) -(876,900 -780,200)

100,300-96,700

3,600

5 0
2 years ago
Trade will take place: A. if the maximum that a consumer is willing and able to pay is less than the minimum price the producer
Lubov Fominskaja [6]

Answer: (B.) <u><em>If the maximum that a consumer is willing and able to pay is greater than the minimum price the producer is willing and able to accept for a good.</em></u>

Explanation:

A producer will only sell goods and services if the consumer is willing to pay as much as the asking price. i.e. The price that the producer is asking. For this to happen the consumer's willingness to pay must be greater than the minimum price.

Therefore , the trade will take place if <u><em>the maximum that a consumer is willing and able to pay is greater than the minimum price the producer is willing and able to accept for a good.</em></u>

8 0
2 years ago
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