They are exhibiting management of the promotion mix in marketing.
To achieve a specific marketing goal, a promotional mix is an amalgamation of advertising techniques such as advertising, sales, public relations, and direct marketing. Typically, the promotional mix is only one component of a larger marketing strategy. You may select a few strategies or determine that a combined effect of every one of them will be most impactful for your advertisement.
The promotional mix is comprised of four components. Direct marketing, brand management, personal sales, and ad campaigns are some of them.
A promotional mix is a component of the total marketing plan, which would be the basic fundamental model used by many enterprises.
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Amounts withheld from employee's earnings for the employee income tax is considered a liability by the employer until the government is paid
What is liability?
Liability means the obligation that one party owes another, whose settlement requires the indebted party to transfer cash or equivalent value of other benefits commensurate to the liability to the other party.
In this case, the employees owe the government income taxes, whereby the employees have discharged the obligation by having the employers deduct them from their earnings.
The onus is now on the employers to make payments in respect of the income taxes withheld to the tax authority, prior to which the taxes are treated as the employer's liability.
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Missing options:
(A) assets. (B) liabilities. (C) salary expense. (D) revenue.
SORRY I NEED MORE INFO what exactly are you looking for?
Answer:
$1.236= Estimated manufacturing overhead rate
Explanation:
Giving the following information:
Processing:
Direct labor cost= $44,500
Applied overhead= $55,000
To determine the estimated overhead rate, we need to use the following formula:
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
55,000= Estimated manufacturing overhead rate*44,500
55,000/44,500= Estimated manufacturing overhead rate
$1.236= Estimated manufacturing overhead rate
