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Readme [11.4K]
2 years ago
7

You are newly employed at the Passion Planner company which produces and sells compact yearly planner books. It is a two-year-ol

d startup company and has been successful to this point through Kickstarter campaigns. In order for Passion Planner to more effectively reach its customer segments for future marketing opportunities, what question must it answer?A) How can i sell it to all consumers effectively
B) why should consumer buy this product
C) why did the current customers buy our planners.
Business
1 answer:
Neko [114]2 years ago
3 0

Answer: why should consumer buy this product

Explanation:

In order to improve sales and awareness at the book company the company needs to ask themselves a question like why would a consumer buy this product. The question would help the producer to know the already existing qualities of their products and areas to improve on.

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Wilmington Company has two manufacturing departments--Assembly and Fabrication. It considers all of its manufacturing overhead c
leva [86]

Answer:

1. $3,380

2. $2,175

Explanation:

Part 1

Predetermined overhead rate = Total Overheads for the Company ÷ Total  Direct labor-hours for the Company

                                                  =  $ 15,080,000 ÷ 232,000

                                                  = $65

Overheads applied to Job Bravo = ( 30 x $65) + (22 x $65) =  $3,380

Part 2

<em>Assembly department</em>

Predetermined overhead rate =  $ 7,250,000 ÷ 145,000

                                                  = $50

<em>Assembly department</em>

Predetermined overhead rate =  $ 7,830,000 ÷ 290,000

                                                  = $27

Overheads applied to Job Bravo = (30 x $50) + (25 x $27) = $2,175

3 0
2 years ago
Cardinal Company s considering a project that would require a $2,782,000 Investment in equlpment with a useful life of five year
iris [78.8K]

Answer:

Project's net present value is: $-1,725,937.

Explanation:

Project actual variable cost = 45% x sales = $1,292,850 ( as variable expense ratio post-audit turns out to be 45%).

Actual net operating income each year = Sales - Variable cost - total fixed expenses = $309,750.

Thus, cash flows of the project will be:

Year 0: $-2,782,000.

Year 1 to Year 4: $309,750.

Year 5: 309,750 + 200,000 (salvage value of equipment) = $509,750

NPV of the project = -2,782,000 + [ (309,750/18%) x ( 1 - 1.18^-4) ] + 509,750/1.18^5 = $-1,725,937.

4 0
2 years ago
Cardiff and Delp is an architectural firm that provides services for residential construction projects. The following data perta
Ganezh [65]

Answer:

Activity Rates

Consultation  $150

Drawings        $58

Modeling         $0.7

supervision       $190

Billings              $1037.5

Collections       $1642.5

Total overhead allocated: $ 126,826

Explanation:

First, we divide the cost of each activity over the base total to get the rate.

\left[\begin{array}{ccccc}$Activity&Driver&cost&Total&Rate\\$Consultation&$contact hours&315000&2100&150\\$Drawings&$desing hours&104400&1800&58\\$Modeling&$square feet&32200&46000&0.7\\$supervision&$days&228000&1200&190\\$Billings&$jobs&8300&8&1037.5\\$Collections&$jobs&13140&8&1642.5\\\end{array}\right]

Now we apply this rate against the job activity measurement:

\left[\begin{array}{ccccc}$Activity&Job&$Rate&$Allocated\\$Consultation&410&150&61500\\$Drawings&352&58&20416&\\$Modeling&7400&0.7&5180&\\$supervision&195&190&37050&\\$Billings&1&1037.5&1037.5&\\$Collections&1&1642.5&1642.5&\\$Total&&&126826&\\\end{array}\right]

3 0
2 years ago
Is Anna eligible to receive a Pell Grant? If she is, what is the maximum amount she can get from a Pell Grant?​
weqwewe [10]

Answer:

$6,195 for te 20119-2020 year.

Explanation:

The Pell Grant is a financial aid given to students who have money needs and doesn't have an undergraduate degree. The amount a person can get changes every year depending on several factors like family contribution and if the student will be attending full-time or part-time but the maximum amount for the year 2019-2020 is $6,195.

4 0
2 years ago
Read 2 more answers
8. A pension fund manager is considering three mutual funds, a stock fund with expected return of 15% and standard deviation of
iragen [17]

Answer:

The lowest risk combination is at : expected return = 12%

                                                         standard deviation = 17.44%

Explanation:

Three mutual funds

stock fund : 15% expected return,  23% standard deviation

Bond fund : 9% expected return , 23% standard deviation

money market : sure rate of 5.5%

correlation between stock and bond fund = 0.15

variance for stock fund = 0.5 ( solved using excel )

variance for bond fund = 1 - variance for stock = 1 - 0.5 = 0.500

attached below is the table and

6 0
2 years ago
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