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sergey [27]
2 years ago
9

One of the most challenging tasks for any firm, including In Fine Fettle, is determining how much to spend on promotion. Four ba

sic methods are used for determining a firm's promotional budget: the affordable method, the percentage-of-sales method, the competitive-parity method, and the objective-and-task method. Drag each description to the appropriate budgeting method and click Submit. In Fine Fettle's management reviews its forecasted sales volume for the turmeric bar and sets is promotional budget at $150,000. In Fine Fettle's management reviews what it is trying to achieve with promotion and sets the budget based on anticipated expenses. In Fine Fettle looks at its competitors and finds that their average promotional spending ranges from $100,000 to $250,000. Therefore, the promotional budget is set at $200,000. In Fine Fettle's management reviews its revenues and expenses and allocates promotional spending based on what management believes it has to spend.
Business
1 answer:
Montano1993 [528]2 years ago
8 0

Answer:

A) the affordable method,

In Fine Fettle's management reviews what it is trying to achieve with promotion and sets the budget based on anticipated expenses.

B) the percentage-of-sales method,

In Fine Fettle's management reviews its forecasted sales volume for the turmeric bar and sets is promotional budget at $150,000.

C) the competitive-parity method,

In Fine Fettle looks at its competitors and finds that their average promotional spending ranges from $100,000 to $250,000. Therefore, the promotional budget is set at $200,000.

D) the objective-and-task method.

In Fine Fettle's management reviews its revenues and expenses and allocates promotional spending based on what management believes it has to spend

Explanation:

A) is deciding the promotion expense considering how much can afford based on the expenses budget

B) determninate the promotion based on a percentage of expected sales

C) the company will look at their competitors promotion expense and try to keep up with that level to avoid being left behind

D) management will determinate on a monthly/ weekly basis where and how much to promote

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Answer: C) the demand for coffee beans has increased

Explanation:

The law of supply states that: "all things being equal" the higher the price the higher the quantity supplied and the lower the price, the lower the quantity supplied.

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This is an evidence to show that suppliers supply more products when price increase in order for them to make more profits.

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1 year ago
Decko Industries reported the following monthly data: Units produced 52,000 units Sales price $ 33 per unit Direct materials $ 1
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Answer:

$1,275,000

Explanation:

The computation of the  contribution margin is shown below:

As we know that

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or

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And, the direct material per unit, direct labor per unit, and the  Variable overhead per unit are variable cost

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= 50,000 × ($33 - $1.50 - $2.50 - $3.50)

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1 year ago
Tracing the path of the organizational chart of a company that shows who answers to whom is said to be following the _______ cha
Zinaida [17]
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1 year ago
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The Technology department at Watkins Transit has a budgeted annual cost of $65,000. The department has a capacity to handle 250
Mrrafil [7]

Answer: $14,625

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1 year ago
Jill took $50,000 that she had in savings and started her own business. If left in investments she would have earned $5,000 this
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Answer:  Economic cost = $175,000

Accounting cost = $100,000

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