Answer:
Warranty repair Expense (Dr.) $200
Warranty Payable (Dr.) $200
Explanation:
The warranty expense is the estimate of probable expense that will incur due to fault in the product. The estimated repair is the 4% of skates sold. If 500 pairs of skates are sold then out of them 4% will require repair. The repair for the faulty skates will cost $10. The total cost will be $200,
500 pairs of skates * 4% * $10
Decentralized refers to the process of the activities an organization has within delegation. A centralized organization would have operations coming from a central person or group that has authority over the person or group. A decentralized organization has more independent workers making decisions without being delegated tasks over and over.
Answer:
The correct option is D. integrated cost leadership/differentiation
Explanation:
Integrated cost leadership/differentiation is a business level strategy where differentiated products are offered in market at low cost.
Differentiated product signifies the unique characteristics the customer values and cost leadership signifies that the product is offered at the lower-cost, i.e., at a margin just above average costs.
It is useful in gaining wide customer base especially in a global frontier.
$8,445 = 844,500 cents
844,500 : 6.3 = 134,047.61
134,047.61 · 100 = $13,404,761 ≈ $13.4 million
Answer:
C ) $13.4 million
Answer:
Multibranding strategy
Explanation:
Multibranding strategy can be defined as a type of strategy in which a company gives its product a different brand name. It involves a producer selling different brands under the same product segment.
In Multibranding strategy there is no space for other competitors in the market. This strategy also strengthens the influence of these various products in the market.
A Multibranding strategy can lead to a great loss if it is not properly handled by the management of the organisation.