_____________ is when your company makes an effort to actively control and shape your brand image with your target market.
A.Market penetration
B.Market segmenting
C.Data mining
D.Market positioning

Answers

Answer 1

Answer:

D

Explanation:

Answer 2

Market positioning is when the company makes an effort to actively control and shape your brand image with the target market. Thus, option D is correct.

What is Market positioning?

Market positioning is the ability to influence consumer perception of a brand or product in comparison to competitors. The goal of market positioning is to establish a brand's or product's image or identity so that consumers perceive it in a specific way.

Market positioning is a critical component of marketing strategy because it influences what customers perceive to be offered to them. This includes the following steps: market segmentation (analysing the different parts of a market), and Targeting (deciding with market segments to enter) (deciding with market segments to enter)

Therefore, option D is correct, that Market positioning is when a company actively controls and shapes the brand's image with the target market.

Learn more about the Market positioning, refer to:

https://brainly.com/question/30077419

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Related Questions

Four fundamental factors affect the cost of money: (1) the return that borrowers expect to earn on their investments, (2) the preference of savers to spend their income in the current period rather than delay their consumption until some future period, (3) the risks associated with the investment, and (4) expected inflation.

Consider the following statements that address these factors, and indicate which you think are true.

Statement 1: On average and everything else held constant, it is generally assumed that savers and investors prefer immediate consumption to deferred, or postponed, spending.
Statement 2: Investments providing cash flows that are more likely to equal their expected value are said to exhibit more risk.
Statement 3: The onset of 5% inflation means that your receipt of a $100 interest payment allows you to purchase only $95 worth of goods and services.
Statement 4: The inflation premium used to calculate the nominal interest rate on a five-year security should be equal to the rate of inflation expected in year 5 of the investment.

The true statements are:
a. 1 and 4
b. 2 and 4
c. 1 and 3
d. 2 and 3

Answers

Answer: c. 1 and 3

Explanation:

1. Even though Investors and Savers forego their immediate consumption for future consumption, it is generally assumed that both groups actually prefer immediate consumption to deferred consumption.

This is why they are offered a rate of return that compensates them enough to convince them to take deferred consumption over current consumption.

3. When inflation rises, it erodes the value of money such that people are able to buy less goods using the same amount of money as they were able to before.

If you therefore receive a payment of $100 and inflation is 5%, then 5% of the value of that $100 has been eroded which is $5. This means you're only able to buy $95 worth of goods and services.

As a practicing engineer, you have been assigned by your company to work in a country where bribery is an almost universal practice, and virtually essential to get government permission for construction permits and other items your company needs to do business. Your direct supervisor explains this to you and asks you to deliver a bribe to a local official. Ethically speaking:______.

Answers

Answer:

it is wrong to do so

Explanation:

Note that been ethical involves doing what is right even when no one else is doing the same. In this case, the direct supervisor does not see things from an ethical perspective, rather he believes in the wrong principle of "following after the crowd."

Thus, Ethically speaking, if the practicing engineer follows through with his supervisor's request, he would have done the wrong thing.

There is a large steel factory next to a private lake owned by a single individual. Pollution from the factory contaminates the lake, reducing the stock of fish and other aquatic animals. The pollution runoff affects only the owner's private lake. The marginal benefit to the steel factory of pollution is M B = 400 − 2 Q MB = 400 - 2Q MB=400−2Q, where Q Q Q is the amount of water pollution in tons. The marginal cost to the lake owner is M C = 3 Q MC = 3Q MC=3Q. Assume that the amount of pollution damage is measurable, benefit and cost curves are known with certainty, and that there are no transaction costs for negotiation. With this information, answer the following questions:______
A. What is the efficient quantity of pollution? Illustrate on a graph.
B. Recall the Coase Theorem, which indicates that the assignment of property rights to one party or the other is irrelevant when determining the efficient allocation of resources. First assume that owner of the lake has the property rights. Calculate the net gains or loses for both the owner and the factory. What is the total net social welfare?
C. Now assume that the steel factory has the pollution rights. Calculate the net gains or loses for both the owner and the factory. What is the total net social welfare?How does this result compare to answer?

Answers

Answer:

1. 80

Explanation:

MB = 400-2Q

Mc = 3Q

MB = Mc

= 400-2Q = 3Q

400=5Q

Q= 400/5

Q=8

Check attachment for diagram

3. The lake owner would be paying for the reduction in pollution. Mc = 0. He will be unwilling to make any offer that exceed this amount. The steel company would be unwilling to take anything below $400 since that is what he gets if nothing is produced. The lake owner would suffer a loss since the steel plant would continue production of 80 tons of pollution

Several years ago, Carol Mutter, a cash-basis taxpayer, obtained a mortgage from Weak National Bank to purchase a personal residence. In December 2019, $8,500 of interest was due on the mortgage, but Carol had only $75 in her checking account. On December 31, 2019, she borrowed $8,500 from her sister, Pearl, evidenced by a note, and the proceeds were deposited in her checking account. On the same day, Carol issued a check in the identical amount of $8,500 to Weak Bank for the interest due. Is the interest expense deductible for the 2019 tax year?Prepare (in good form) a research memorandum to the file. (See Chapter 2 for an illustration of the structure of a tax memo.)

Answers

Answer and Explanation:

The tax memo is as follows

Tax memo

From: Tax Advisory

Specific issue: the case here addresses Taxpayer A deduction of interest expenses for the period 2009 in which taxpayer A filed taxes

Facts : taxpayer A realized interest in mortgage amounting to $8500 which is owed to Weak National Bank. Taxpayer A applied for a loan with same Weak national bank for settlement of mortgage loan interest of $8500

Conclusion: Taxpayer A can not get deduction of interest expense on loan in weak bank for 2009 tax returns. This is because taxpayer A applied for loan with Weak bank and paid with cheque from same bank in which mortagage interest was owed in settlement of debt interest, and as such cannot qualify for deduction

Cash basis tax payers can report tax deductions in year in which they payment is made in cash

Identify which of the arguments for restricting trade that each of the following rebuttals directs against. Rebuttals The Jobs Argument The National-Security Argument The Infant-Industry Argument The Unfair-Competition Argument The Protection-as-a-Bargaining-Chip Argument (A) The gains of the consumers from buying imports at the low price subsidized by foreign governments would exceed the losses of domestic producers. (B) Companies may exaggerate the degree to which their products are essential to national defense in order to obtain protection from foreign competition at the expense of consumers. (C) The country may be forced into deciding between implementing trade restrictions as threatened, which would make the society as a whole worse off, or backing down on its own threat, which would cause it to lose credibility in foreign affairs. (D) Opening up to free trade may impose hardship on some workers in the short run, but it also creates jobs in industries in which the country has a comparative advantage and enables the country as a whole to enjoy a higher standard of living.

Answers

Answer:

(A) The gains of the consumers from buying imports at the low price subsidized by foreign governments would exceed the losses of domestic producers.

The Unfair-Competition Argument

(B) Companies may exaggerate the degree to which their products are essential to national defense in order to obtain protection from foreign competition at the expense of consumers.

The Protection-as-a-Bargaining-Chip Argument

(C) The country may be forced into deciding between implementing trade restrictions as threatened, which would make the society as a whole worse off, or backing down on its own threat, which would cause it to lose credibility in foreign affairs.

The Infant-Industry Argument

(D) Opening up to free trade may impose hardship on some workers in the short run, but it also creates jobs in industries in which the country has a comparative advantage and enables the country as a whole to enjoy a higher standard of living.

The Jobs Argument

Explanation:

What are the characteristics of a successful entreprenuer​

Answers

Answer:

Planning

Empathy. ...

A sense of fairness. ...

Transferable values. ...

Willingness to work hard. ...

Knowing what they don't know. ...

Listening carefully. ...

Vision for what they can build.

Explanation:

Answer:

Explanation:

Empathy

A sense of fairness

willingness to work hard

listening carefully

they invest in themselves

they make big decisions carefully

constantly learning

not afraid of risks

Hoped this helped!

The transactions of Spade Company appear below.

a. Kacy Spade, owner, invested $14,250 cash in the company in exchange for common stock.
b. The company purchased office supplies for $413 cash.
c. The company purchased $7,880 of office equipment on credit.
d. The company received $1,681 cash as fees for services provided to a customer.
e. The company paid $7,880 cash to settle the payable for the office equipment purchased in transaction c.
f. The company billed a customer $3,021 as fees for services provided.
g. The company paid $520 cash for the monthly rent.
h. The company collected $1,269 cash as partial payment for the account receivable created in transaction f.
i. The company paid a $1,000 cash dividend to the owner (sole shareholde).

Required:
Prepare the Trial Balance. Use May 31 as its report date.

Answers

Answer:

Explanation:

The given transactions are recorded in both debit and credit sides.

CHECK THE ATTACHMENT

Suppose that nominal GDP was $9000000.00 in 2005 in Midland County Texas. In 2015, nominal GDP was $11500000.00 in Midland County Texas. The price level rose 3.00% between 2005 and 2015, and population growth was 3.50%. Calculate the following figures for Midland County Texas between 2005 and 2015. Give all answers to two decimals.

Answers

Answer:

Calculate the following figures for Midland County Texas between 2005 and 2015. a. Nominal GDP growth, b. Economic growth, c. Inflation, d. Real GDP growth, e. Per capita GDP growth, f. Real per capita GDP growth.

Nominal GDP(current year) = $11,750,000  

Nominal GDP(base year) = $9,000,000

Inflation = 3%  

Population growth = 3.50%

a. Nominal GDP growth: = [(Nominal GDP(current year) - Nominal GDP(base year)) / Nominal GDP(base year) ]* 100

= (11,500,000.00 - 9,000,000) / 9000000 * 100

= [2,500,000 / 900,000,000} * 100

= 0.2778

= 27.78%

b. Economic growth = [(GDP(current year) / GDP(base year)) – 1] * 100

= [11,500,000.00 / 9,000,000 - 1] * 100

= 1.27777 - 1 * 100

= 0.27777 * 100

= 27.78%

c. Inflation is when there is increase in the general price level of the goods and service. The price level rise by 3%, hence. the inflation become 3%.

d. Real GDP growth = Nominal GDP growth - Inflation

= 27.78% - 3%

= 24.78%

e. Per capita GDP growth = Nominal GDP growth - Population growth

= 27.78% - 3.50%

= 24.28 %

f. Real per capita GDP growth: = Real GDP growth - Population growth

= 24.78%  - 3.50%

= 21.28%

Cordell Inc. experienced the following events in Year 1, its first year of operation: Received $59,000 cash from the issue of common stock. Performed services on account for $81,000. Paid a $5,900 cash dividend to the stockholders. Collected $65,000 of the accounts receivable. Paid $59,000 cash for other operating expenses. Performed services for $19,000 cash. Recognized $2,900 of accrued utilities expense at the end of the year.
Required
a. & c. Identify the events that result in revenue or expense recognition and those which affect the statement of cash flows. In the Statement of Cash Flows column, use OA to designate operating activity, FA for financing activity, IA for investing activity and NA to indicate the element is not affected by the event.
b. Based on your response to Requirement a, determine the amount of net income reported on the 2018 income statement.
d. Based on your response to Requirement c, determine the amount of cash flow from operating activities reported on the 2018 statement of cash flows.
e. What is the before- and after-closing balance in the service revenue account?
f. What is the balance of the retained earnings account that appears on the 2018 balance sheet?

Answers

Answer:

a & c. See part a & c of the attached excel file for the table. In the attached excel file, Total revenue = $100,000; and Total expenses = $61,900.

b. The amount of net income reported on the 2018 income statement is $38,100.

d. The amount of cash flow from operating activities reported on the 2018 statement of cash flows is $25,000.

e. Before closing balance in service revenue account = $100,000; and After closing balance = $0.

f. The balance of the retained earnings account that appears on the 2018 balance sheet is $32,200.

Explanation:

a. & c. Identify the events that result in revenue or expense recognition and those which affect the statement of cash flows. In the Statement of Cash Flows column, use OA to designate operating activity, FA for financing activity, IA for investing activity and NA to indicate the element is not affected by the event.

Note: See part a & c of the attached excel file for the table.

From the attached excel file, we have:

Total revenue = $100,000

Total expenses = $61,900

b. Based on your response to Requirement a, determine the amount of net income reported on the 2018 income statement.

Based on part a & c above, we can determine this as follows:

Net income = Total revenue - Total expenses = $100,000 - $61,900 = $38,100

Therefore, the amount of net income reported on the 2018 income statement is $38,100.

d. Based on your response to Requirement c, determine the amount of cash flow from operating activities reported on the 2018 statement of cash flows.

Note: See part d of the attached excel file for the amount of cash flow from operating activities.

From the attached excel file, we have:

Cash flow from operating activity = $25,000

Therefore, the amount of cash flow from operating activities reported on the 2018 statement of cash flows is $25,000.

e. What is the before- and after-closing balance in the service revenue account?

Before closing balance in service revenue account = Services performed on account + Services performed for cash = $81,000 + $19,000 = $100,000

After closing balance = $0

The "after closing balance" is equal to zero because, at the end of a particular period, the balance of the service revenue account turns to $0 when the firm has to close the balance of the service revenue account in the retained earnings.

f. What is the balance of the retained earnings account that appears on the 2018 balance sheet?

Retained earnings = Net income - Cash dividend paid to the stockholders = $38,100 - $5,900 = $32,200

Therefore, the balance of the retained earnings account that appears on the 2018 balance sheet is $32,200.

U.S. currency is produced by the _____.

Answers

Answer:

Bereau of engraving and printing

Explanation:

This activity is important because managers face the difficult task of planning, implementing, and evaluating marketing programs once the firm has decided to compete in the global market. As marketing mangers develop the marketing program, they must balance the cost savings of standardization against the benefits of customization.
The goal of this exercise is to demonstrate your understanding of the different types of product and promotion strategies firms utilize as part of their global marketing programs.
Roll over each company name to read the description of the firm's strategy, then drop it onto the correct product and promotion strategy within the graphic.
1. Shiseido
2. Breathe Right
3. Toyota
4. Maybelline
5. Gasoline Producer
A. Product Extension Strategy
B. Product Adaptation Strategy
C. Product Invention Strategy
D. Communication Adaptation Strategy
E. Dual Adaptation Strategy

Answers

Answer:

1. Shiseido  ⇒ A. Product Extension Strategy : usually carried out for products that are in their maturity phase and the focus is placed on extending the product's life-cycle.

2. Breathe Right  ⇒ D. Communication Adaptation Strategy : focuses on changing the content of the communication strategy so that customers are aware that the product or service changed, offers new features, etc.

3. Toyota  ⇒ C. Product Invention Strategy : focus placed on developing new products that can be technology-driven, customer-driven or competition-driven.

4. Maybelline  ⇒ B. Product Adaptation Strategy : focuses on changing or altering existing products in order to satisfy the needs of different customers on different markets.

5. Gasoline Producer ⇒ E. Dual Adaptation Strategy: focuses on adapting a company's product in order to satisfy different domestic needs, e.g. Gasoline sold in California is not the same as gasoline sold In Texas due to stricter environmental regulations.  

George consumes two goods, milk and cookies. He has maximized his utility given his income. Milk costs $2 per gallon and he consumes it to the point where the marginal utility he receives from milk is 4. Cookies cost $4 per bag and the relationship between the marginal utility that George gets from eating a bag of cookies and the number of bags he eats per month is as follows:
Bags of Cookies 1 2 3 4 5 6
Marginal Utility 20 16 12 8 4 0
How many bags of cookies does George buy each month?
a. 1.
b. 2.
c. 3.
d. 4.

Answers

Answer:

George buys 5 bags of cookies each month

Explanation:

Given

[tex]Milk = \$2[/tex] (per gallon)

[tex]Marginal\ Utility\ (milk) = 4[/tex]

[tex]Cookies = \$4[/tex] (per bag)

Required

Determine the number of bags of cookies he buys

First, we need to determine the marginal utility of cookies

To solve this, we make use of the following formula:

[tex]\frac{MU\ of\ Milk}{Cost\ of\ Milk} = \frac{MU\ of\ Cookies}{Cost\ of\ Cookies}[/tex]

Substitute values for

MU of Milk = 4

Cost of Milk = 2

Cost of Cookies = 4

This gives:

[tex]\frac{4}{2} = \frac{MU\ of\ Cookies}{2}[/tex]

[tex]2 = \frac{MU\ of\ Cookies}{2}[/tex]

[tex]MU\ of\ Cookies = 2 * 2[/tex]

[tex]MU\ of\ Cookies = 4[/tex]

From the given table:

The corresponding bags of cookies for marginal utility of 4 is 5

Hence:

George buys 5 bags

Rafael Company produces pipes for concert-quality organs. Each job is unique. In April 2013, it completed all outstanding orders, and then, in May 2013, it worked on only two jobs, M1 and M2:Job M1: Direct materials $78,000, Direct manufacturing labor $273,000Job M2: Direct materials $51,000, Direct manufacturing labor $208,000Direct manufacturing labor is paid at the rate of $26 per hour. Manufacturing overhead costs are allocated at a budgeted rate of $20 per direct manufacturing labor-hour. Only Job M1 was completed in May.Requirements:A) Calculate the total cost for Job M1.B) 1,100 pipes were produced for Job M1. Calculate the cost per pipe.C) Prepare the journal entry transferring Job M1 to finished goods.D) What is the ending balance in the Work-in-Process Control account?

Answers

Answer and Explanation:

The computation is shown below:-

A. the total cost for Job M1

Labor hour used in Job M1 = Direct manufacturing labor ÷ Direct manufacturing labor per hour

= $273,000 ÷ $26

= 10,500

Manufacturing overhead costs of Job M1 = Labor hour used in Job M1 × Predetermined overhead rate

= 10,500 × $20

= $210,000

Total cost for Job M1 = Direct materials + Direct manufacturing labor + Manufacturing overhead costs

= $78,000 + $273,000 + $210,000

= $561,000

B. the cost per pipe

Cost per pipe = Total cost for Job M1 ÷ No of unit produced

= $561,000 ÷ 1,100

= $510

C. The Journal entry is shown below:-

Finished Goods Dr, $561,000

            To Work in Process $561,000

(Being the transfer is recorded)

D. Ending balance in the Work-in-Process Control account

Labor hour used in Job M2 = Direct manufacturing labor ÷ Direct manufacturing labor per hour

= $208,000 ÷ $26

= 8,000

Manufacturing overhead costs of Job M2 = Labor hour used in Job M2 × Predetermined overhead rate

= 8,000 × $20

= $160,000

Ending balance in the Work-in-Process Control account = Direct materials of Job M2 + Direct manufacturing labor of Job M2 + Manufacturing overhead costs of Job M2

= $51,000 + $208,000 + $160,000

= $419,000

Consider the following three stocks:

Stock A is expected to provide a dividend of $11.20 a share forever.
Stock B is expected to pay a dividend of $6.20 next year. Thereafter, dividend growth is expected to be 6.00% a year forever.
Stock C is expected to pay a dividend of $4.80 next year. Thereafter, dividend growth is expected to be 22.00% a year for five years (i.e., years 2 through 6) and zero thereafter.

Required:
If the market capitalization rate for each stock is 10%, which stock is the most valuable?

Answers

Answer:

Stock B is most valuable

Explanation:

a. Price of Stock A = $11.20/10% =$11.20/0.1 = $112

b. Price of Stock B = $6.20 / (10%-6%) = $6.20/4% = $6.20/0.04 = $155

C. Price of Stock C = $4.80/1.1 + $4.80*1.22/1.11^2 + $4.80*1.22^2/1.11^3 + $4.80*1.22^3/1.11^4 + $4.80*1.22^4/1.11^5 + ($4.80*1.22^5/10%)/1.1^5

Price of Stock C = $4.36 + $4.75 + $5.22 + $5.74 + $6.31 + $80.55

Price of Stock C = $106.93

Conclusion: Stock B is most valuable

Harbert, Inc. had a beginning balance of $12,000 in its Accounts Receivable account. The ending balance of Accounts Receivable was $10,500. During the period, Harbert collects $72,000 of its accounts receivable. Harbert incurred $63,000 of cash expenses during the accounting period.
Required
a. Based on the information provided, determine the amount of revenue recognized during the accounting period.
b. Based on the information provided, determine the amount of net income earned during the accounting period.
c. Based on the information provided, determine the amount of cash flow from operating activities.

Answers

Answer:

a. $70,500

b. $7,500

c. $9,000

Explanation:

a. The computation of the amount of revenue is shown below:-

Amount of revenue = Ending balance of accounts receivable + Cash collected - Beginning balance of accounts receivable

= $10,500 + $72,000 - $12,000

= $70,500

b. The computation of net income earned during the accounting period is shown below:-

Net income = Revenue generated - Expenses

= $70,500 - $63,000

= $7,500

c. The computation of amount of cash flow from operating activities is shown below:-

Net cash flow from operating activities = Cash collection - Amount paid for operating expenses

= $72,000 - $63,000

= $9,000

The following December 31, 2021, fiscal year-end account balance information is available for the Stone Corporation:Cash and cash equivalents $ 6,200Accounts receivable (net) 32,000Inventory 72,000Property, plant, and equipment (net) 180,000Accounts payable 51,000Salaries payable 23,000Paid-in capital 160,000The only asset not listed is short-term investments. The only liabilities not listed are $42,000 notes payable due in two years and related accrued interest of $1,000 due in four months. The current ratio at year-end is 1.5:1.Required:Determine the following at December 31, 2021:1. Total current assets2. Short-term investments3. Retained earnings

Answers

Answer:

1.

Total current assets  = $112500

2.

Short term investments = $2300

3.

Retained earnings = $15500

Explanation:

1.

The total current assets can be determined using the current ratio provided for 2021. The current ratio is calculated by dividing the value of total current assets by the value of the total current liabilities.

1.5  =  Total current assets / (51000 + 23000 + 1000)

1.5 = Total current assets / 75000

1.5 * 75000 = Total current assets

Total current assets  = $112500

2.

Short term investments are a part of the current assets. The value of short term investments is,

112500 = 6200 + 32000 + 72000 + Short term investments

112500 = 110200 + Short term investments

112500 - 110200 = Short term investments

Short term investments = $2300

3.

The basic accounting equation states that the total assets is always equal to the value of total liabilities plus total equity.

Total assets = Total Liabilities + Total Equity

(112500 + 180000) = [(51000 + 23000 + 1000) + 42000]  +  (160000 + Retained earnings)

292500 = 117000 + 160000 + Retained earnings

Retained earnings = 292500 - 277000

Retained earnings = $15500

Pun Corporation concluded the fair value of Slender Company was $67,000 and paid that amount to acquire its net assets. Slender reported assets with a book value of $53,000 and fair value of $64,000 and liabilities with a book value and fair value of $21,000 on the date of combination. Pun also paid $14,000 to a search firm for finder’s fees related to the acquisition.

Required:
Prepare the journal entries to be made by Pun to record its investment in Slender and its payment of the finder's fees.

Answers

Answer:

DR Assets ...............................................................$64,000

DR Goodwill ...........................................................$24,000

CR Liabilities ..............................................................................$21,000

CR Cash.......................................................................................$67,000

(To record Acquisition of Slender Assets)

Working

Goodwill = Cash - (Assets - Liabilities)

= 67,000 - (64,000 - 21,000)

= $24,000

DR Merger ...................................................................$14,000

CR Cash........................................................................................$14,000

(To record payment of finder's fee)

Which of the following is a piece of good advice regarding business emails? a. Do not place anything in an email you would not want the world to see. b. Use capital letters in order to convey importance. c. Do not sign off your emails with a closing like "Thank you"; it just wastes space. Simply send your contact information. d. Make your request at the end of an email.

Answers

Answer:

A. Do not place anything in an e-mail you would not want the world to see.

Explanation:

An e-mail is the short term for electronic mail and it can be defined as a means of communication by providing a medium of sending data (informations) from one user to another over a network. Simply stated, an email allow users with an email address to send messages to another over the internet.

A piece of good advice regarding business emails would be, do not place anything in an e-mail you would not want the world to see because the messages contained in emails are presented bare not encrypted. Therefore, any private message (information) that a user do not want to get into the wrong hands shouldn't be sent in an email.

A justification for job training programs is that they improve worker productivity. Suppose that you are asked to evaluate whether more job training makes workers more productive. However, rather than having data on individual workers, you have access to data on manufacturing firms in Ohio. In particular, for each firm, you have information on hours of job training per worker (training) and number of nondefective items produced per worker hour (output).

Required:
a. Carefully state the ceteris paribus experiment underlying this policy question.
b. Does it seem likely that a firm's decision to train its workers will be independent of worker characteristics?
c. Name a factor other than worker characteristics that can affect worker productivity.
d. If you find a positive correlation between output and training, would you have convincingly established that job training makes workers more productive?

Answers

Explanation:

1. The ceterus paribus effect gives us to what extent, the effect of a variable has on another variable, while holding all other factors fixed. Analysing job training of workers on productivity will give us results that are not biased since we will not be taking account of other factor variables in the calculations. When 2 firms are the same in almost every aspect apart from number of hours on training, then we will find out that each firm would have different levels of workers output. So we should know if workers output increases due to job training.

2. When it comes to provision of training, furms do these based on characteristics of the workers. Some of these characteristics are measurable while some are immeasurable

Measurable:

Experience on the job,

Productivity

Level of education,

immeasurable :

Skill set

Vision

Likeliness to bstay at firm

3. Apart from worker characteristics, productivity also depends on other factors one of which is technological change. A technological change can bring about increased efficiency and greater output by the worker. Different firms using different capital and technological combination are quite likely to have different output levels.

4. A positive correlation between job training and productivity cannot be used to ascertain if job training makes worker more efficient this is due to the fact that correlation only tells us if variables are in coexistence. So a positive correlation does not tell us that job training is indeed bringing about changes in the productivity of workers.

Brooks Foundry in Charleston, South Carolina​, uses a predetermined manufacturing overhead rate to allocate overhead to individual jobs based on the machine hours required. At the beginning of the​ year, the company expected to incur the​ following:
Manufacturing overhead costs $650,000
Direct labor cost $1,300,000
Machine hours 81,250
At the end of the year, the company had actually incurred:
Direct labor cost $1,190,000
Depreciation on manufacturing plant and equipment $485,000
Property taxes on plant $21,500
Sales salaries $26,000
Delivery drivers' wages $14,500
Plant janitors' wages $11,000
Machine hours 54,500 hours
Requirements:
1. Compute predetermined manufacturing overhead rate.
2. How much manufacturing overhead was allocated to jobs during the​ year?
3. How much manufacturing overhead was incurred during the​ year? Is manufacturing overhead underallocated or overallocated at the end of the​ year? By how​ much?
4. Were the jobs overcosted or​ undercosted? By how​ much?

Answers

Answer:

Brooks Foundry

1. Predetermined manufacturing overhead rate

= $8

2. Allocated manufacturing overhead = Overhead rate multiplied by actual machine hours

= $8 * 54,500

= $436,000

3. Manufacturing overhead incurred during the year = $517,500

Manufacturing overhead is underallocated at the end of the year.

The underallocation = $81,500 ($517,500 - 436,000)

4. The jobs were undercosted by $81,500.

Explanation:

a) Data and Calculations:

Estimated costs:

Manufacturing overhead = $650,000

Direct labor cost = $1,300,000

Machine hours = 81,250

Actual costs:

Direct labor cost                    $1,190,000

Overhead costs:

Depreciation on manufacturing

plant and equipment             $485,000

Property taxes on plant            $21,500

Plant janitors' wages                 $11,000

Total actual overhead costs  $517,500

Machine hours 54,500 hours

b) Selling Expenses:

Sales salaries                $26,000

Delivery drivers' wages $14,500

Total                              $40,500

c) Computation of the predetermined manufacturing overhead rate:

Predetermined overhead rate = estimated manufacturing overhead costs divided by estimated machine hours

=  $650,000/81,250

= $8

Company sells a product for per unit. Variable costs are per​ unit, and fixed costs are per month. The company expects to sell units in . Calculate the contribution margin per​ unit, in​ total, and as a ratio.

Answers

Answer:

All the numbers are missing, so I looked for similar questions that can be used as an example:

Company sells a product for $15 per unit. Variable costs are $8 per​ unit, and fixed costs are $350,000 per month. The company expects to sell units 75,000. Calculate the contribution margin per​ unit, in​ total, and as a ratio.

contribution margin per unit = sales price - variable cost = $15 - $8 = $7

total contribution margin = contribution margin per unit x total sales = $7 x 75,000 = $525,000

contribution margin ratio = total contribution margin / total sales = $525,000 / ($15 x 75,000) = $525,000 / $1,125,000 = 0.4666 = 46.67%

Two consumers are searching for new hair salons and have very different belief systems and needs that affect the way they search for information. The second step in the consumer decision process, after a consumer recognizes a need, is to search for information about various options that exist to satisfy that need. The length and intensity of the search are based on the degree of perceived risk associated with purchasing the product or service.

Read each statement and match it with the followings.

a. Effortless,
b. Worth the Money,
c. Expensive Service,
d. Salon of Choice
e. Unimportant
f. Tight Budget
g. Could Damage Career
h. All the Same
i. Salon of Convenience
j. Personal Image
Joleen Jones Ginger Petri


1. Performance Risk
2. Financial Risk
3. Psychological Risk
4. Internat vs External
5. Benefits vs Costs

Answers

Answer:

                           Joleen Jones Ginger Petri

1. Performance Risk (Working efficiency)

Could Damage Career

All the same (both will consider the same )

2. Financial Risk (Money concern)

Expensive Service

Tight budget

3. Psychological Risk (Link with perception)

Personal Image

Unimportant

4. Internal vs External Search for Information

Salon of Choice (Easy in selection)

Salon of Convenience

5. Benefits vs Costs (Profit or loss regarding satisfaction)

Worth the Money

Effortless

Northwood Company manufactures basketballs. The company has a ball that sells for $25. At present, the ball is manufactured in a small plant that relies heavily on direct labor workers. Thus, variable expenses are high, totaling $15.00 per ball, of which 60% is direct labor cost. Last year, the company sold 50,000 of these balls, with the following results:_______.
Sales (50,000 balls) $ 1,250,000
Variable expenses 750,000
Contribution margin 500,000
Fixed expenses 320,000
Net operating income $ 180,000
Required:
1. Compute (a) last year's CM ratio and the break-even point in balls, and (b) the degree of operating leverage at last year’s sales level.
2. Due to an increase in labor rates, the company estimates that next year's variable expenses will increase by $3.00 per ball. If this change takes place and the selling price per ball remains constant at $25.00, what will be next year's CM ratio and the break-even point in balls?
3. Refer to the data in (2) above. If the expected change in variable expenses takes place, how many balls will have to be sold next year to earn the same net operating income, $202,000, as last year?
4. Refer again to the data in (2) above. The president feels that the company must raise the selling price of its basketballs. If Northwood Company wants to maintain the same CM ratio as last year (as computed in requirement 1a), what selling price per ball must it charge next year to cover the increased labor costs?
5. Refer to the original data. The company is discussing the construction of a new, automated manufacturing plant. The new plant would slash variable expenses per ball by 40.00%, but it would cause fixed expenses per year to double. If the new plant is built, what would be the company’s new CM ratio and new break-even point in balls?
6. Refer to the data in (5) above.
a. If the new plant is built, how many balls will have to be sold next year to earn the same net operating income, $202,000, as last year?
b. Assume the new plant is built and that next year the company manufactures and sells 37,000 balls (the same number as sold last year). Prepare a contribution format income statement and compute the degree of operating leverage.

Answers

Answer:

Please find attached solutions

Explanation:

a. Last year contribution margin ratio

= Contribution margin / Sales

= $500,000 / $1,250,000

= 40%

ai Break even point in balls

But Contribution margin per unit

= $25 - $15

= $10 per unit.

Therefore ,

Break even point in balls

= Fixed cost / Contribution margin per unit

= $320,000 / $10

= 32,000 balls.

b. The degree of operating leverage at last year' s sales level

= Contribution margin / Net operating income

= $500,000 / $180,000

= 2.78

Please other solutions are as attached.

Which of the following selections effectively use the "you" view.
A. I’m requesting that all of our valued customers complete the customer satisfaction survey.
B. Thank you for your letter regarding your CRB2 home entertainment center.
C. We know you enjoyed your online shopping experience and will want to tell all your friends about it.
D. You are invited to take advantage of our professional development workshops.

Answers

Answer:

B. Thank you for your letter regarding your CRB2 home entertainment center. D. You are invited to take advantage of our professional development workshops.

Explanation:

The ''you'' view refers to a style of writing where the sender intends to make sure that the focus is on the person receiving the correspondence.

By using the ''you'' view, the receiver becomes the subject of the correspondence such that the text and its contents and are directed at the receiver.

The correct options would be B and D because the options were directed strictly to the receiver and no one else.

How would a businessperson be most likely to use seed capital?
A. To purchase equipment for a business
B. To hire managers for a business
C. To hire workers for a business
D. To research the feasibility of opening a business

Answers

Answer:

c. to hire workers for a business

Explanation:

The manager of a supermarket meat department finds she has 200 lb of round steak, 800 lb of chuck steak, and 150 lb of pork in stock on Saturday morning. She will use these to make three products: hamburger meat, picnic patties, and meatloaf. The demand for each of these items always exceeds the supermarket supply. Therefore, she will be able to sell off all of however much of her current meat ingredients as she wants to. Hamburger meat must consist of at least 20 percent round steak and at least 50 percent chuck steak by weight. Picnic patties must consist of at least 20 percent pork and at least 50 percent chuck steak by weight. Meatloaf must consist of at least 10 percent round steak, 30 percent pork, and 40 percent chuck. In each product, the remainder is an inexpensive filler, and the supermarket has an unlimited supply of it. The manager wants to know how much of each product she should produce so that the total amount of leftover meat ingredients that need to be carried over can be minimized. Solve this problem using Linear Programming.

a. Production quantity of hamburger meat: ______________
b. Production quantity of picnic patties: _______________
c. Production quantity of meatloaf: ___________________
d. The total quantity of leftover meat: _________________

Answers

Answer:

a. Production quantity of hamburger meat: 850 lbs

b. Production quantity of picnic patties: 750 lbs

c. Production quantity of meatloaf: 0 lbs

d. The total quantity of leftover meat: 30 lbs of sound steak

You must also remember that a pound of hamburger meat and picnic patties both have 30% of a filler. So 1,120 pounds of meat can really produce 1,120 / 0.7 = 1,600 pounds of processed meat products.

Explanation:

200 lb of round steak

800 lb of chuck steak

150 lb of pork

hamburger meat:

20% of round steak

50% of chuck steak

picnic patties:

20% of pork

50% of chuck steak

meatloaf:

10% of round steak

30% of pork

40% of chuck steak

x₁ = round steak

x₂ = chuck steak

x₃ = pork

hamburger = 0.2x₁ + 0.5x₂

patties = 0.5x₂ + 0.2x₃

meatloaf = 0.1x₁ + 0.4x₂ + 0.3x₃

you have to maximize the total amount of meat used

M = 0.3x₁ + 1.5x₂ + 0.8x₃

x₁ ≤ 200

x₂ ≤ 800

x₃ ≤ 150

x₁ ≥ 0

x₂ ≥ 0      

x₃ ≥ 0

using solver, the solution is:

850 pounds of hamburger meat and 750 pounds of picnic patties

170 pounds of round steak will be used800 pounds of chuck steak 150 pounds of pork

You must also remember that a pound of hamburger meat and picnic patties both have 30% of a filler. So 1,120 pounds of meat can really produce 1,120 / 0.7 = 1,600 pounds of processed meat products.

Each of the following costs pertains to Bailey Dairy Products​ Company, a dairy processing company. Classify each of the​ company's costs as a period cost or a product cost. Further classify product costs as either direct material​ (DM), direct labor​ (DL), or manufacturing overhead​ (MOH). ​(If the cost is a period​ cost, leave the classification input field​ empty; do not select a​ label.) LOADING...​(Click the icon to view the​ costs.) Cost Period Cost or Product Cost DM, DL or MOH
1. Television advertisements for Bailey’s products Period cost MOH
2. Lubricants used in running bottling machines Product cost MOH
3. Research and development related to elimination of antibiotic residues in milk Period cost MOH
4. Gasoline used to operate refrigerated trucks delivering finished dairy products to grocery stores Period cost MOH
5. Company president’s annual bonus Period cost MOH

Answers

Answer:

1. Television advertisements for Bailey’s products

PERIOD COST

2. Lubricants used in running bottling machines

PRODUCT COST: manufacturing overhead

3. Research and development related to elimination of antibiotic residues in milk

PERIOD COST

4. Gasoline used to operate refrigerated trucks delivering finished dairy products to grocery stores

PERIOD COST

5. Company president’s annual bonus

PERIOD COST

Explanation:

Product costs are all costs that are directly related to the manufacturing process of milk or other dairy products, e.g. workers wages, milk (raw materials).

Period costs are not directly related to the company's manufacturing process and they include sales and administrative costs (S&A), research and development (R&D), delivery costs.

The freight costs incurred for purchasing materials are part of product costs, but the delivery costs are sales expenses (period costs).

19. An investment costs $290,000 and will generate the following cash flows: Year 1 - +$132,000; Year 2 - +$100,000; Year 3 - +$150,000. The required rate of return is 15%. What is the IRR?

Answers

Answer:

14.80%

Explanation:

Calculation of the IRR using a financial calculator is as follows :

($290,000)        CFj

+$132,000         Cfj

+$100,000         Cfj

+$150,000         Cfj

Shift IRR/YR 14.80%

Therefore, the IRR is 14.80%.

Santana Rey, owner of Business Solutions, decides to diversify her business by also manufacturing computer workstation furniture.
Required
1. Classify the following manufacturing costs of Business Solutions as (a) variable or fixed and (b) direct or indirect.
2. Prepare a schedule of cost of goods manufactured for Business Solutions for the month ended January 31, 2018.
Direct materials: $2,900
Factory overhead: $530
Direct labor: $900
Beginning work in process: none (December 31, 2017)
Ending work in process: $520 (January 31, 2018)
Beginning finished goods inventory: none (December 31, 2017)
Ending finished goods inventory: $350 (January 31, 2018)
3. Prepare the cost of goods sold section of a partial income statement for Business Solutions for the month ended January 31, 2018.

Answers

Answer:

Instructions are below.

Explanation:

Giving the following information:

Direct materials: $2,900 VARAIBLE

Factory overhead: $530 MIXED (ussually)

Direct labor: $900 VARIABLE

Beginning work in process: none (December 31, 2017)

Ending work in process: $520 (January 31, 2018)

Beginning finished goods inventory: none (December 31, 2017)

Ending finished goods inventory: $350 (January 31, 2018)

To calculate the cost of goods manufactured, we need to use the following formula:

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 0 + 2,900 + 900 + 530 - 520

cost of goods manufactured= $3,810

Now, we can determine the cost of goods sold:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

beginning finished inventory= 0

cost of goods manufactured= 3,810

ending finished inventory= (350)

Cost of goods manufactured= $3,460

A sports nutrition company created an energy drink which they think improves athletic performance. In one study, weightlifters were randomly assigned to drink either this new sports drink or flavored water (with a similar taste). The study found that those drank the sports drink were able to lift more weight than before, while those who drank the flavored water were only able to lift the same weight as before.
Is it valid for the company to claim that the cause of the first group lifting more weight than before is due to them drinking the new sports drink?
A. No, because this is an observational study which does not address causation.
B. No, because this is neither an experimental nor observational study.
C. No, because the stronger athletes were likely to drink the new sports drink whereas the weaker athletes were likely to drink flavored water.
D. Yes, because this is an experimental study.

Answers

Answer:

C.

Explanation:

Based on the study being described it is not a valid claim because the stronger athletes were likely to drink the new sports drink whereas the weaker athletes were likely to drink flavored water. The companies need to sample athletes that are able to consistently lift a maximum of the same amount of weight. Once they have these participants they can then start the experiment. That way they know that the athletes are all on par with each other and if one is able to lift more than the other because they drank the energy drink they can isolate the drink as a cause.

Answer:3.C

Explanation:

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