You have been hired by KOKO MESSIAH GROUP to lead its local and international expansion efforts. Considering that KOKO MESSIAH GROUP already has products which its markets on a small scale locally, it has become imperative that it makes additions to its current product variants, as well as promote these new and existing products in markets other than its existing markets. Propose four relevant strategies and the key marketing mix decisions you have to make in achieving its expansion objectives.

Answers

Answer 1

Answer:

Explanation:

The marketing mix is the set of controllable, tactical marketing tools that a company uses to produce a desired response from its target market. It consists of everything that a company can do to influence demand for its product. It is also a tool to help marketing planning and execution.

The four Ps of marketing: product, price, place and promotion

The marketing mix can be divided into four groups of variables commonly known as the four Ps:

Product: The goods and/or services offered by a company to its customers.

Price: The amount of money paid by customers to purchase the product.

Place (or distribution): The activities that make the product available to consumers.

Promotion: The activities that communicate the product’s features and benefits and persuade customers to purchase the product.

Marketing tools

Each of the four Ps has its own tools to contribute to the marketing mix:

Product: variety, quality, design, features, brand name, packaging, services

Price: list price, discounts, allowance, payment period, credit terms

Place: channels, coverage, assortments, locations, inventory, transportation, logistics

Promotion: advertising, personal selling, sales promotion, public relations

Marketing strategy

An effective marketing strategy combines the 4 Ps of the marketing mix. It is designed to meet the company’s marketing objectives by providing its customers with value.

The 4 Ps of the marketing mix are related, and combine to establish the product’s position within its target markets.


Related Questions

On April 30, the end of the first month of operations, Joplin Company prepared the following income statement, based on the absorption costing concept: Joplin Company Absorption Costing Income Statement For the Month Ended April 30 Sales (5,600 units) $145,600 Cost of goods sold: Cost of goods manufactured (6,400 units) $115,200 Inventory, April 30 (900 units) (16,200) Total cost of goods sold (99,000) Gross profit $46,600 Selling and administrative expenses (24,740) Operating income $21,860 If the fixed manufacturing costs were $23,040 and the fixed selling and administrative expenses were $12,120, prepare an income statement according to the variable costing concept. Round all final answers to whole dollars.

Answers

Answer:

See below

Explanation:

Preparation of variable costing income statement

Sales $145,600

Variable cost of goods sold

$92,160

Less:

Inventory, April 30

($12,960)

Total variable cost of goods sold

$79,200

Manufacturing margin

$66,400

Variable selling and administrative expenses ($12,620)

Contribution margin $66,580

Less:

Fixed costs $23,040

Fixed selling and administrative expenses $12,120

Total fixed costs ($35,160)

Income from operations $31,420

Workings

•Variable cost of goods manufactured

= Total manufacturing cost - Fixed manufacturing cost

= $115,200 - $23,040

= $92,160

• Inventory at April 30

Calculate first, manufacturing cost per unit

= Variable cost of goods manufactured / Units manufactured

= $92,160/6,400 units

= $14.4

Therefore, Inventory at April 30

= $14.4 × 900 units

= $12,960

• Variable selling and administrative cost = Total selling and administrative cost - Fixed selling and administrative costs

= $24,740 - $12,120

= $12,620

Flexible Budget for Assembly Department Steelcase Inc. (SCS) is one of the largest manufacturers of office furniture in the United States. In Grand Rapids, Michigan, it assembles filing cabinets in an Assembly Department. Assume the following information for the Assembly Department: Direct labor per filing cabinet 18 minutes Supervisor salaries $250,000 per month Depreciation $18,500 per month Direct labor rate $28 per hour Prepare a flexible budget for 70,000, 80,000, and 90,000 filing cabinets for the month ending February 28 in the Assembly Department, similar to Exhibit 5.

Answers

Answer:

Results are below.

Explanation:

Giving the following formula:

Direct labor per filing cabinet=  18/60= 0.3

Direct labor rate $28 per hour

The supervisor salary and depreciation will remain constant, we will not take them into account.

70,000 units:

Direct labor hours= (0.3*70,000)= 21,000

Direct labor cost= 21,000*28= $588,000

80,000 units:

Direct labor hours= (0.3*80,000)= 24,000

Direct labor cost= 24,000*28= $672,000

90,000 units:

Direct labor hours= (0.3*90,000)= 27,000

Direct labor cost= 27,000*28= $756,000

Problem 10-39 (LO. 2, 3, 4, 5, 6, 7) Linda, who files as a single taxpayer, had AGI of $280,000 for 2020. She incurred the following expenses and losses during the year: Medical expenses (before the 7.5%-of-AGI limitation) $33,000 State and local income taxes 4,800 State sales tax 1,300 Real estate taxes 6,000 Home mortgage interest 5,000 Automobile loan interest 750 Credit card interest 1,000 Charitable contributions 7,000 Casualty loss (before 10% limitation but after $100 floor; not in a Federally declared disaster area) 34,000 Unreimbursed employee business expenses 7,600 Calculate Linda's allowable itemized deductions for the year. $fill in the blank 1 .

Answers

Answer: $34,000

Explanation:

As of the Tax Cuts and Jobs Act of 2017, Unreimbursed employee business expenses and Casualty loss can no longer be deducted.

Linda's itemized deductions are:

= Medical expenses + State and local taxes + Home mortgage interest + Charitable contributions.

Medical expenses after 7.5% of AGI limitation:

= 33,000 - (7.5% * 280,000)

= $12,000

State and local taxes have a maximum deduction of $10,000.

Linda's allowable itemized deductions for the year:

= 12,000 + 10,000 + 5,000 + 7,000

= $34,000

What is the Internal Revenue Code?

A.) a collection of tax laws, their interpretations, and federal tax rulings
B.) a list of tax brackets and the percentages each person must pay
C.) a book used solely by tax accountants to help people complete their filings
D.) a passcode that citizens must have to file their taxes online

Answers

Internal Revenue Code is collection of tax laws, their interpretations, and federal tax rulings.

Option A is the correct answer

What is internal revenue code?

The Internal Revenue Code are set of laws and rules created to guide tax related matters

It was created by revenue service for the public on tax payment.

Therefore, Internal Revenue Code is the collection of tax laws, their interpretations, and federal tax rulings

Learn more on tax below

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Toyota is a Japanese company. Would a Toyota factory in Atlanta count as part of the United States' GDP? Why or why not? ​

Answers

Answer:

yes and because atlanta is in georgia united states

\AllCity, Inc., is financed 40% with debt, 8% with preferred stock, and 52% with common stock. Its cost of debt is 5.7%, its preferred stock pays an annual dividend of $2.49 and is priced at $30. It has an equity beta of 1.15. Assume the risk-free rate is 1.7%, the market risk premium is 7.3% andAllCity's tax rate is 35%. What is its after-tax WACC? [Note: Assume that the firm will always be able to utilize its full interest tax shield.]

Answers

Answer:

WACC = 6.38%

Explanation:

Cost of equity = 1.7% + (1.15 x 5.6%) = 8.14%

Weight of equity = 52%

After tax cost of debt = 5.7% x (1 - 35%) = 3.705%

Weight of debt = 40%

Cost of preferred stock = $2.49 / $30 = 8.3%

Weight of preferred stock = 8%

WACC = (8.14% x 0.52) + (3.705% x 0.4) + (8.3% x 0.08) = 6.3788% ≈ 6.38%

Harold Reese must choose between two bonds: Bond X pays $82 annual interest and has a market value of $710. It has 10 years to maturity. Bond Z pays $88 annual interest and has a market value of $750. It has five years to maturity. Assume the par value of the bonds is $1,000.
a. Compute the current yield on both bonds.
b. Which bond should he select based on your answers to part a?
c. A drawback of current yield is that it does not consider the total life of the bond. For example, the approximate yield to maturity on Bond X is 13.44 percent. What is the approximate yield to maturity on Bond Z? The exact yield to maturity?

Answers

Answer:

a)  For Bond X = 11.55%

    For Bond Z = 11.73 %

b) Bond Z

c) Approximate YTM = 15.77%

  Exact yield to maturity = 16.53 %

Explanation:

Bond X : pays $82 annual interest , market value = $710 and years to maturity =10

Bond Z: pays $88 annual interest, market value = $750 , Years to maturity= 5

par value of bonds = $1000

a) Current yield on both bonds

For Bond X :  annual interest / market value =  82 / 710 = 11.55%

For Bond Z :  Annual interest / market value = 88 / 750  = 11.73%

b) The Bond that should be selected = Bond Z

C) Calculate the approximate yield to maturity on Bond Z and exact yield to maturity

i) Yield to maturity on Bond Z

[C + (Par Value - Current Value) / n] / (Par Value + Current Value) / 2

where: C = 88 , par value = 1000, Current value = $750, n = 2

∴ YTM on Bond Z = 0.1577 = 15.77%

ii) Exact yield to maturity = 16.53 %

Why is defining the parameters of the project the first step?

Answers

Defining the parameters is the first step of the project because you have to have the measurements for your project before you start. You can just make something blindly. ... Give two examples of math skills that you used in creating your project.

One of the departments at Yolo Industries has entered into a 9 year lease for a piece of equipment. The annual payment under the lease will be $3,800, with payments being made at the beginning of each year. If the discount rate is 12%, the present value of the lease payments is closest to (Ignore income taxes.): Click here to view Exhibit 14B-1 and Exhibit 14B-2, to determine the appropriate discount factor(s) using the tables provided.

Answers

Answer:

PV= $22,677.03

Explanation:

Giving the following formula:

Number of periods (n)= 9 years

Annual payment (A)= $3,800

Discount rate (i)= 12%

First, we will calculate the future value of the payments using the following formula:

FV= {A*[(1+i)^n-1]}/i + {[A*(1+i)^n]-A}

FV= {3,800*[(1.12^9) - 1]} / 0.12 + {[3,800*(1.12^9)] - 3,800}

FV= 56,147.49 + 6,737.7

FV= $62,885.19

Now, the present value:

PV= FV / (1 + i)^n

PV= 62,885.19 / (1.12^9)

PV= $22,677.03

Piedmont Company purchased merchandise on account from a supplier for $40000, terms 1/10, n/30. Piedmont Company returned $6000 of the merchandise and received full credit.If Piedmont Company pays the invoice within the discount period, what is the amount of cash required for the payment

Answers

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Kacchan whats a Bakudeku?????

Answers

Answer:

It's a ship between two boys Izuku Midoriya and Bakugou Katsuki GAYYYYYYYYYY anyways i support and have you watched season 5 yet

Explanation:

The ship of Izuku Midoriya x Katsuki Bakugo. It’s also referred to as Katsudeku.

(This is one of the best ships in the whole anime imo, I fully support it)

On September 1, Home Store sells a mower (that costs $260) for $560 cash with a one-year warranty that covers parts. Warranty expense is estimated at 12% of sales and is recorded at the time of the sale. On January 24 of the following year, the mower is brought in for repairs covered under the warranty requiring $39 in materials taken from the Repair Parts Inventory. Prepare the September 1 entry to record the mower sale (and cost of sale) and the January 24 entry to record the warranty repairs. (Round your answers to 2 decimal places.)

Answers

Answer:

25

Explanation:

Jack wants to build a business with a 42-foot sign on the top of his building. He believes that the sign will generate a lot of business. The city has an ordinance which limits the size of the sign to 30 feet and requires that it be on a sign post, independent of other structures. Jack's attorney tells Jack he had better check with the city before he builds anything. What can Jack do about the sign issue?

Answers

jack can apply to the zoning commission for a variance. plz giv brainliest❤️

2. NEIU Company has no beginning and ending inventories, and reports the following information for its only product: Direct materials used $125,000 Direct labor $100,000 Fixed indirect manufacturing $75,000 Variable indirect manufacturing $25,000 Variable selling and administrative $50,000 Fixed selling and administrative $25,000 Units produced and sold 25,000 NEIU Company uses the absorption approach to prepare the income statement. What is the product cost per unit

Answers

Answer:

Product cost per unit = $13

Explanation:

Absorption costing values units of inventory and production using full cost per unit. Full cost per unit includes variable cost and a portion of fixed production overheads. The fixed production overhead are charged to cost units using predetermined overhead absorption rate.

The full cost per unit = D.mat cost + D.labour cost + Variable overheads+ Fixed overheads.

Total full absorption cost = 125,000 + 100,000 + 75,000 + 25,000=325,000

Full cost per unit = Total full absorption cost/Number of units

                            = 325,000/25,000 =$13

Note that we excluded non- production cost like selling and administrative from the computation because they are not related to production

Product cost per unit = $13

Sauer Food Company has decided to buy a new computer system with an expected life of three years. The cost is $330,000. The company can borrow $330,000 for three years at 11 percent annual interest or for one year at 9 percent annual interest. Assume interest is paid in full at the end of each year. a. How much would Sauer Food Company save in interest over the three-year life of the computer system if the one-year loan is utilized and the loan is rolled over (reborrowed) each year at the same 9 percent rate

Answers

Answer:

the  save in interest over the 3 years in the case of 9% rate of interest is $89,100

Explanation:

a. The computation of the save in interest over the 3 years in the case of 9% rate of interest is given below:

= $330,000 × 9% × 3 years

= $89,100

Hence, the  save in interest over the 3 years in the case of 9% rate of interest is $89,100

The same would be considered and relevant too

A firm manages its inventory with an order-up-to level (i.e., a base stock level). The review period is one day (so the manager makes an order every day), the lead time is two days, and the order-up-to level is 10. Suppose its inventory position at the start of a day (before it submits an order for that day) is -4. Which of the following statements is definitely true? Group of answer choices Demand was four units yesterday. Demand was 10 units yesterday. The firm manager should order 14 units today. The firm manager should order 10 units today.

Answers

Answer: The firm manager should order 10 units today

Explanation:

Based on the information that have been given in the question, we should note that the number of units in order before it orders today will be 14.

Also, since the order up to level is 10, it simply means that the firm manager cannot order more than 10 units per day which means that option C of 14 units is Incorrect.

The correct answer will be that the firm manager should order 10 units today.

Last year Lawn Corporation reported sales of $115,000 on its income statement. During the year, accounts receivable decreased by $10,000 and accounts payable increased by $15,000. The company uses the direct method to determine the net cash provided by (used in) operating activities on the statement of cash flows. The sales revenue adjusted to a cash basis for the year would be

Answers

Answer:

$125,000

Explanation:

Particulars                                                     Amount

Sales revenue                                            $115,000

Add: Accounts receivable decrease        $10,000

Cash Receipt from customers                 $125,000

The sales revenue adjusted to a cash basis for the year is $125,000.

Plz solve its timed!!!!

Answers

Answer:

A partner deliberately and consistently commits breach of agreements relating to the management of the firm.

Explanation:

The partnership can be dissolved if the partner has breached the agreements that are related to the management of business affairs.

Given the following cost and activity observations for Smithson Company's utilities, use the high-low method to calculate Smithson's fixed costs per month. Round your final answer to the nearest dollar. Do not round interim calculations. Cost Machine Hours January $26,000 10,500 February 37,100 17,700 March 29,000 11,500 April 30,900 15,300 a.$9,812 b.$16,680 c.$7,850 d.$31,398

Answers

Answer:

Fixed Cost = $9812.499999941 rounded off to $9812

Option A is the correct answer

Explanation:

The high-low method is used to separate the components of a mixed cost and it calculates the variable cost component in a mixed cost. The formula to calculate the variable cost per unit under the high-low method is as follows,

VC/unit = [Highest Activity cost - Lowest Activity Cost] / [Highest Activity units - Lowest Activity units]

VC/unit = [37100 - 26000] / [17700 - 10500]

VC/unit = 1.54166666667 rounded off to $1.54

The total fixed costs will be,

Fixed cost = 37100 - [1.54166666667 * 17700]

Fixed Cost = $9812.499999941 rounded off to $9812

Suppose that the residents of Greenland play golf incessantly. In fact, golf is the only thing they spend their money on. They buy golf balls, clubs, and tees. In 2019, they bought 1,000 golf balls for $2.00 each, 100 clubs for $50.00 each, and 500 tees for $0.10 each. In 2020, they bought 1,000 golf balls for $2.50 each, 100 clubs for $75.00 each, and 500 tees for $0.12 each. What was the CPI for each year

Answers

Answer:

CPI in 2020 =142.7

CPI in 2019 = 100

Explanation:

Inflation is the increase in the general price level. Inflation erodes the value of money.

Consumer Price Index(CPI ): This is the weighted average price of a basket of goods and services consumed by a typical consumer. It is used to measure the rate of inflation.

The increase in the CPI is taken to be the rate of inflation. For example, the CPI rose to 1.09 from 1.00, this implies an inflation rate of 9% within the time period in focus.

The CPI =

The price of a basket of goods in a current  year ÷ Divided by the price of a basket of goods in  a base year

The consumer price

CPI in 2019 = (1000× $2)  + (100× $50) + ( 500× $$0.10)= 7050

CPI in 2020= (1000× $2.50)  + (100× $75) + ( 500× $$0.12)=10,060

CPI in 2020 = 10,060/7050× 100 =142.7

CPI in 2019 = 100

CPI in 2020 =142.7

CPI in 2019 = 100

Note , we assume the CPI for 2019 is 100, since we were not provided with data to compute the price of a basket of good in 2018

Which of the following is a purpose for documentation of report data? Check all that apply. To include good data from reputable sources. To borrow ideas without giving credit. To keep you honest. To convince readers of your credibility and the logic or your reasoning.

Answers

Answer:

I. To include good data from reputable sources.

II. To convince readers of your credibility and the logic or your reasoning.

Explanation:

An information source can be defined as a system or medium through which informations, knowledge and ideas may be gotten and used by an individual. An information source can either be a primary or secondary source of information. The source options for informations are television, radio, web, newspapers, journals, magazines etc.

Furthermore, it is very important to document these informations.

The purpose for documentation of report data include the following;

I. To include good data from reputable sources.

II. To convince readers of your credibility and the logic or your reasoning.

Documentation is the evidence supplied for information and ideas borrowed from others in a report or research paper. Options I and II or (a) and (b) are the correct answers for documentation of reporting data.

What is the purpose of documentation of report data?

An information source is a system or medium via which an individual can obtain and use information, knowledge, and ideas.

A primary or secondary source of information can be referred to as an information source.

Television, radio, the internet, newspapers, journals, magazines, and other sources of information are available.

Furthermore, it is critical to keep track of these details.

The following are some of the reasons for documenting report data:

I. Use high-quality data from trusted sources.

II. To persuade readers of your credibility and the logic or reasoning behind your arguments.

For more information about documentation, refer below

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The Einstein Bagel Corp. offers a frequent buyer program whereby a consumer receives a stamp each time she purchases one dozen bagels for $5. After a consumer accrued 10 stamps, she receives one dozen bagels free. This offer is an unlimited offer, valid throughout the year. The manager knows her products are normal goods. Given this information, construct the budget set for a consumer who has $150 to spend on bagels and other goods throughout the year. Does Einstein’s frequent buyer program have the same effect on the consumption of its bagels that would occur if it simply lowered the price of one dozen bagels by 3 percent? Explain.

Answers

the answer is 4 and 5 u added them together

least five data analysis techniques that could be used for research and describe the application of each​

Answers

What is your research on so it well be easier for me to help me

Suppose a less developed country is having difficulty making payments on its foreign debts. What option does this nation have?
Targ
It can ask its lenders for more loans in exchange for accepting a foreign portfolio investment from the World Bank.
It can ask its lenders to forego the payments until the economy of the debtor nation is stronger.
It can ask its lenders to forgive the loans in exchange for accepting temporary control by the lender nation.
It can ask its lenders for debt rescheduling in exchange for accepting a stabilization program from the IMF.

Answers

It can ask its lenders for more loan in exchange for excepting a foreign portfolio investment from the world bank

Answer:

it can ask its lenders for dept resceduling in exchange for accepting a stabilization program from the IMF

Explanation:

gradpoint

Inventories Raw materials $ 42,000 $ 32,000 Work in process 9,100 18,300 Finished goods 57,000 34,300 Activities and information for May Raw materials purchases (paid with cash) 172,000 Factory payroll (paid with cash) 100,000 Factory overhead Indirect materials 6,000 Indirect labor 23,000 Other overhead costs 103,000 Sales (received in cash) 1,000,000 Predetermined overhead rate based on direct labor cost 55 %
Compute the following amounts for the month of May using T-accounts
1. Cost of direct materials used
2. Cost of direct labor used
3. Cost of goods manufactured
4. Cost of goods sold.
5. Gross profit
6. Overapplied or underapplied overhead
Prepare journal entries for the above transactions for the month of May. View transaction list Journal entry worksheet Record the application of overhead to work in process
Note: Enter debits before credits.
Transaction General Journal Debit Credit
Record entry Clear entry View general journal

Answers

Answer:

a. Computation of the following amounts for the month of May using T-accounts:

1. Cost of direct materials used = $176,000

2. Cost of direct labor used = $77,000

3. Cost of goods manufactured = $286,150

4. Cost of goods sold = $308,850

5. Gross profit = $691,150

6. Overapplied or underapplied overhead = $89,650 (underapplied)

b. Journal Entries:

Debit Raw materials $172,000

Credit Cash $172,000

To record the purchase of raw materials for cash.

Debit Factory payroll $100,000

Credit Cash $100,000

To record the payroll paid in cash.

Debit Factory overhead:

 Indirect materials $6,000

 Indirect labor $23,000

 Other overhead costs 103,000

Credit Raw materials $6,000

Credit Factory payroll $23,000

Credit Cash $103,000

To record indirect materials, labor and other costs.

Debit Work in process $42,350

Credit Factory overhead $42,350

To apply overhead based on direct labor cost 55%.

Debit Cash $1,000,000

Credit Sales Revenue $1,000,000

To record the sale of goods for cash.

Explanation:

a) Data and Calculations:

Inventories:

Raw materials $ 42,000 $ 32,000

Work in process 9,100 18,300

Finished goods 57,000 34,300

Activities for May:

Raw materials purchases (paid with cash) 172,000

Factory payroll (paid with cash) 100,000

Factory overhead:

Indirect materials 6,000

Indirect labor 23,000

Other overhead costs 103,000

Sales (received in cash) 1,000,000

Predetermined overhead rate based on direct labor cost 55%

T-accounts:

Raw materials

Beginning balance $ 42,000

Cash                         172,000

Manufacturing overhead                6,000

Work in process                          176,000

Ending balance                         $ 32,000

Work in process

Beginning balance    9,100

Raw materials       176,000

Payroll                     77,000

Overhead applied 42,350

Finished goods                          286,150

Ending balance                            18,300

Finished goods

Beginning balance 57,000

Work in process   286,150

Cost of goods sold                   308,850

Ending balance                           34,300

Manufacturing overhead

Indirect materials             6,000

Indirect labor                 23,000

Other overhead costs 103,000

Work in process                            42,350

Underapplied overhead               89,650

Sales revenue    $1,000,000

Cost of goods sold 308,850

Gross profit            $691,150

Analysis of Transactions:

Raw materials $172,000 Cash $172,000

Factory payroll $100,000 Cash $100,000

Factory overhead:

Indirect materials $6,000 Raw materials $6,000

Indirect labor $23,000 Factory payroll $23,000

Other overhead costs 103,000 Cash $103,000

Work in process $42,350 Factory overhead $42,350

Predetermined overhead rate based on direct labor cost 55%

Cash $1,000,000 Sales Revenue $1,000,000

Tidewater, Inc., requires its job applicants to take a test that measures their vocabulary and numerical skills. For specific jobs, the company also requires its applicants to perform a sample of the job. Before implementing the tests, the management analyzes how well the test actually correlates and predicts job performance. When Tidewater needed to downsize, the company helped employees who were laid off to get placed in other organizations, and immediate supervisors talked to the employees about the reasons for their dismissal. When the job applicants for specific jobs are asked to execute a sample of the job, the company is utilizing a(n) ________ test.

Answers

Answer: performance

Explanation:

When the job applicants for specific jobs are told to perform a sample of the job, this implies that the company is using a performance test.

Performance test simply refers to a test that requires the individuals partaking in it to perform an activity using their skills, ability and knowledge.

Protecting the environment can be done by a small group of people by themselves.
Please select the best answer from the choices provided
OT
OF

Answers

False is the correct number

Answer:

false

Explanation:

just took the test

Kumar Inc. uses a perpetual inventory system. At January 1, 2020, inventory was $214,000,000 at both cost and realizable value. At December 31, 2020, the inventory was $286,000,000 at cost and $265,000,000 at realizable value. Prepare the necessary December 31 entry under (a) the cost-of-goods-sold method (b) Loss method. g

Answers

Answer:

A. Dr Cost of Goods Sold $21,000,000

Cr Allowance to Reduce Inventory to Market $21,000,000

B. Dr Loss Due to Market Decline of Inventory $21,000,000

Cr Allowance to Reduce Inventory to Market $21,000,000

Explanation:

A.Preparation of the necessary December 31 entry under the cost-of-goods-sold method

COST-OF-GOODS-SOLD METHOD

Dr Cost of Goods Sold $21,000,000

Cr Allowance to Reduce Inventory to Market $21,000,000

($286,000,000 - $265,000,000)

B.Preparation of the necessary December 31 entry under the Loss method

LOSS METHOD

Dr Loss Due to Market Decline of Inventory $21,000,000

Cr Allowance to Reduce Inventory to Market $21,000,000

($286,000,000 - $265,000,000)

Burger Prince buys top-grade ground beef for $1.05 per pound. A large sign over the entrance guarantees that the meat is fresh daily. Any leftover meat is sold to the local high school cafeteria for 75 cents per pound. Four hamburgers can be prepared from each pound of meat. Burgers sell for 70 cents each. Labor, overhead, meat, buns, and condiments cost 40 cents per burger. Demand is normally distributed with a mean of 385 pounds per day and a standard deviation of 30 pounds per day. What daily order quantity is optimal

Answers

40 pounds a hour and daily

Help! Will give brainliest to the first correct answer!

Answers

Answer:

1. Four years college degree

2. An on job training experience

3. an endorsement from a professional, nongovernment organization

4. 2 year college degree

5. Earned after masters or bachelors degree

Explanation:

Hope that helps

Other Questions
It cost Irene $60 to fill her cars gas tank with 15 gallons of gas. Select all the rates that are equivalent to Irene's cost of gas. In the given figure find out the value of x and y ? which region gained the most from the exchanges of ideas and technologies facilitated by the mongol empire? The diameter of Mercury is 4,878,000 meters.Type your answer.. The words highlighted in YELLOW show the way the narrator translated her mothers message to the stock broker. What is the effect of changing her mothers emotional language to calmer language? Write your response below. The words in yellow are: , Im getting rather concerned. You had agreed to send the check two weeks ago, but it hasnt arrived.I cant tolerate any more excuses. If I dont receive the check immediately, I am going to have to speak to your manager when Im in New York next week. This is from "Mother's Tongue" By Amy Tan Also the text and other questions i have are on the attached! Part B Think about the Judeo-Christian and Greco-Roman values you read about earlier. How are those values reflected in democracy today? Explain two characteristics of modern democracy that relate to either Judeo-Christian or Greco-Roman values. Your answer should be about 75 to 100 words long. Be sure to support your answer with evidence from this activity or any outside research you might do. List any sources you use in your answer. I need help plz Which words and phrases in the sonnet indicate that the tone is satirical? Select two options. "My mistress" "black wires" "damask'd" Read Shakespeare's "Sonnet 130." My mistress' eyes are nothing like the sun, Coral is far more red, than her lips red: If snow be white, why then her breasts are dun; If hairs be wires, black wires grow on her head. I have seen roses damask'd, red and white, But no such roses see I in her cheeks; And in some perfumes is there more delight Than in the breath that from my mistress reeks. I love to hear her speak, yet well I know That music hath a far more pleasing sound: I grant I never saw a goddess go, - My mistress, when she walks, treads on the ground: And yet by heaven, I think my love as rare, As any she belied with false compare. "reeks" "false compare" Describe the cultural impacts of the conflicts between the U.S. and Native American Indians during the 1800s. Use details to support your answer. What is the slope of the line in the graph? PLZ HELP Why did Ralphie have to stop after every block on his way to the library?He was delivering newspapers.BThe chain kept coming off his bike.CHis handlebars were loose and had to be tightened.DHe was tired because the library was so far from his house. Which word is pronounced in this way?manesmantismenacemeanness what characteristic feature do all anxiety disorders share? what is the answer to 1/10 + 1/6 Atoms of the same element but with different numbers of neutronsare The purpose of the second person point of view in the expert is to a whole pizza is cut into twelfiths. if dexter eats 1/2 of the pizza and landry eats 1/3 of the pizza then what fraction of the pizza remains Empire Airlines reports the following cost data for the year. The company flew 100 private flights during the year. A group has offered Empire $11,100 for a private flight to Chicago for its members. Revenue$ 20,100per flight Wages, salaries, and benefits$ 7,100per flight Fuel and oil$ 4,600per flight Food and beverages$ 520per flight Depreciation$ 305,000per year Rent$ 255,000per year (a) What is the contribution margin from accepting the offer PLEASE ANWSER CORRECTLY!! I WILL MARK BRAINIEST!! LOOK AT PICURE!! Is this true? (Random Characters) Joshua delivered 30 hives to the local fruit farm. If the farmer has paid to use 5% of the total number of Joshuas hives, how many hives does Joshua have in all?