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2 years ago

The research and development team will gather important information by first using ________ data.

Business

1 answer:

LuckyWell [14K]2 years ago

6 0

Answer:

secondary data

Explanation:

Secondary data refers to the information or data that have been already gathered by and promptly accessible from different sources. Such information are less expensive and more rapidly possible than the primary data or information and furthermore might be accessible when primary data can not be acquired at all. Common sources of existing secondary data or information incorporate information gathered by government open administrations divisions, libraries, web seeks and censuses, for example, the United States Census. Organizations utilize statistical surveying to draw on existing data from online networking as a source of secondary data.

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Define the sentence : A marketer can realise their goals by manufacturing ,selling , improving and modifying the product .

andreyandreev [35.5K]

Answer:

Having a great marketing strategy in place is key to the success of any business. Without a marketing strategy, you lack focus. And without focus, you will, quite simply, fail to reach any of the goals and objectives that you have set. Failure to plan is planning to fail.

Marketing is not a standalone, one-off activity. It is made up of several different components that are necessary throughout each and every stage of a business’s endeavours - from long before a sale is even made, to long after. With so much going on, it is essential to have a strategy in place.

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2 years ago

Describe the difference between period costs and product costs.

Soloha48 [4]

Explanation:

The period cost is the cost that is incurred with the passage of time. It mainly involves the major portion of the selling and administration expenses like - selling expenses, advertising expenses. It is a fixed cost

While the product cost involves the cost related to the product. It involves direct material cost, direct labor cost, and the manufacturing overhead cost. It is a variable cost

So, the period cost is the operating cost that are expenses when it is incurred

Whereas the product cost is treat as an asset for external financial reporting. First this is recorded as an asset on the balance sheet until asset is sold and then it is transferred to the cost of goods sold i.e expense account

Now on the income statement the product cost or cost of goods sold is subtracted from the sales revenue so that the gross profit could come

Then the period cost is deducted to find out the operating income

Now the classification of the product cost and the period cost are as follows

Shaft and handle of weed trimmer = Direct material cost

Motor of weed trimmer = Direct material cost

Factory labor for workers assembling weed trimmers = Direct labor cost

Nylon thread used by the weed trimmer (not traced to the product) = Manufacturing overhead cost

Glue to hold housing together = Manufacturing overhead cost

Plant janitorial wages = Manufacturing overhead cost

Depreciation on factory equipment = Manufacturing overhead cost

Rent on plant = Manufacturing overhead cost

Sales commissions = Period cost

Administrative salaries = Period cost

Plant utilities = Manufacturing overhead cost

Shipping costs to deliver finished weed trimmers to customers = Period cost

3 0

3 years ago

The labor-force participation rate is? a. 47.1 percent. b. 50.2 percent. c. 65.9 percent. d. 70.2 percent.

il63 [147K]

The labor-force participation rate is 70.2 percent
therefore the correct option is D

What is Labor force?
The labor force is made up of both employed people and unemployed people, and the unemployment rate is calculated by dividing the number of jobless people by the total labor force. If a person works for compensation or runs their own business for at least an hour any day of the week, including the twelfth of the month, they are regarded to be employed. If a person works for compensation or runs their own business for at least an hour any day of the week, including the twelfth of the month, they are regarded to be employed. In a family-run firm, individuals who put in at least fifteen hours of unpaid work are also regarded as employees. Employed people include those who are temporarily away from their work due to a vacation, illness, inclement weather, or other personal reasons. Those who worked full-time (35 hours or more during the survey week) and those who worked part-time are both considered to be in the employed category.

To learn more about Labor Force
brainly.com/question/24939447

#SPJ4

Complete Question
The labor-force participation rate is? a. 47.1 percent. b. 50.2 percent. c. 65.9 percent. d. 70.2 percent, e. none of the above

4 0

2 years ago

Borques Company produces and sells wooden pallets that are used for moving and stacking materials. The operating costs for the p

KengaRu [80]

Answer:

Borques Company

a. Unit inventory cost = $7.27

b. Ending inventory = 3,900 units

c. Absorption-costing operating income = $73,569

Explanation:

a) Data and Calculations:

Variable costs per unit:

Direct materials $2.85

Direct labor $1.92

Variable overhead $1.60 $6.37

Variable selling $0.90 $7.27

Fixed costs per year:

Fixed overhead $180,000

Selling and administrative $96,000 $276,000

Selling price per unit = $9

Acceptable per-unit inventory cost:

Variable product cost per unit = $6.37

Total variable production cost = $1,274,000

Fixed production cost = 180,000

Total production cost = $1,453,000

Unit inventory cost = $7.27 ($1,453,000/200,000)

b. Ending inventory

Beginning inventory 8,200

Production units = 200,000

Units available 208,200

Sales units = 204,300

Ending inventory 3,900

c. Absorption Costing Operating Income:

Sales Revenue $1,838,700 ($9 * 204,300)

Cost of goods sold 1,485,261 ($7.27 * 204,300)

Gross profit $353,439

Selling expenses:

Variable ($0.90 * 204,300) 183,870

Fixed 96,000

Total selling expenses $279,870

Operating income $73,569

5 0

2 years ago

How did joseph g mccoy help the cattle industry develop in texas?.

Alex777 [14]

Answer:

Answer in below mark me as brainlist plz

Explanation:

In 1861 McCoy began to work in the mule and cattle industry. He expanded his business to shipping large herds of cattle to slaughter and quickly recognized flaws in the system. ... One of the first cow towns, Abilene was built with extensive advertisement in Texas that encouraged cattlemen to send herds its way.

5 0

2 years ago