Answer:
is based on offering a unique product or service that a wide range of buyers find appealing and worth paying for
Explanation:
A broad differentiation strategy is a strategy of making ones goods or services different from that of competitors in a way that would appeal to a wide range of consumers.
An example of a company that employs broad differentiation strategy is apple. Apple products are deemed to be quite different from that of its competitors
<em><u>Characteristics of broad differentiation strategy </u></em>
- Firms that use this pricing have higher brand loyalty
- Firms that use this pricing have higher sales than when compared with competitors
- Firms that use this pricing are able to charge a higher price for their products when compared to their competitors
The level of racking that should be stocked first would be the top bay, followed by the middle bay, and the last level to be stocked would be the bottom bay. It's simpler to remember, "top, middle, then bottom" when putting away pallets of freight into multiple depth drive-in bays. I hope this helps!
Answer:
Total overhead $
Indirect material ($0.5 x 200,000 units) = 100,000
Utilities ($0.25 x 200,000 units) = 50,000
Supervisory salaries = 60,000
Building rent = 80,000
Total overhead 290,000
Overhead rate = <u>Budgeted overhead</u>
Budgeted direct labour hours
= <u>$290,000</u>
100,000 hours
= $2.90 per direct labour hour
Explanation:
In this case, we need to obtain the total overhead, which is the total of indirect material, utilities, supervisory salaries and building rent.
Then, we will divide the total overhead by direct labour hours so as to determine the overhead rate.
The gross method of recording the sale is recording an account
at its original price no deductions of the cash discounts offered.
Perpetual Inventory system bring up-to-date the inventory accounts
when there is an acquisition or sale.
The journal entry would be:
Debit:
Accounts receivable 7,800
Cost of goods sold 4,500
Credit:
Sales 7,800
Merchandise inventory 4,500
