The LaGrange Corporation had the following budgeted sales for the first half of the current year:

NBB's focus on sustainability, whimsy, and fun is clearly rooted in its Colorado-based culture and the ethos of its founders and

Assoli18 [71]

Answer:

To help expand New Belgium’s brand(NBB) image to consumers in different other parts of the country, NBB will have to link advertisements to the company’s social network pages. This would be the most efficient and effective way to stream advertisement to new countries, or different other parts of the country.

Explanation:

NBB carries a strength of knowing their brand. With an expansion making use of branding and communication strategies, they would have succeed in their goal of being a unique culture remaining committed to their initial mission of being a fun, socially, and environmentally responsible company. For the company to maintain its whimsical and personal touch with consumers, NBB should spring forth new ideas to communicate with consumers, this will keep the customers updated and make them interested in staying loyal to the company.

8 0

2 years ago

A car parts company decides to discontinue the production of its lowest-selling products and instead focuses on its areas of exp

Ludmilka [50]

Answer:

A) Core Competency

Explanation:

Core Competency

Core competency refers to an organisation's strategic advantage over its competitors, it means the capabilities and the resources that a business must find, cultivate and explore in order to have an advantage over its competitors in the same line of business.

In order for an activity to be defined as a business' core competence, that activity must be unique, making it difficult for others to re-produce an it must also produce a unique level of benefit or value for the consumers of the product.

Since the car parts company has innovated a new automobile product with unique value, It has cultivated and explored its core competency

7 0

1 year ago

Read 2 more answers

Cost of Goods Manufactured, using Variable Costing and Absorption Costing On March 31, the end of the first month of operations,

scoundrel [369]

Answer:

(a)unit cost of goods manufactured is $108.00

(b)unit cost of goods manufactured is $122.00

Explanation:

Varibale Product Costing = Direct Material + Direct Labor + Variable Overheads

Absorption Product Costing = Direct Material + Direct Labor + Variable Overheads + Fixed Overheads

(a) the unit cost of goods manufactured- the variable costing concept

Variable cost of goods manufactured ($1,620,000/15,000 units) = $108.00

unit cost of goods manufactured = $108.00

(b) the unit cost of goods manufactured - the absorption costing concept

Variable cost of goods manufactured ($1,620,000/15,000 units) = $108.00

Fixed manufacturing costs ($210,000/ 15,000 units) = $14.00

unit cost of goods manufactured = $122.00

8 0

2 years ago

David bought a pickup truck to transport his equipment on weekend fishing trips. He also bought a trailer for his lawn maintenan

trasher [3.6K]

Answer:

B2C and B2B, respectively.

Explanation:

The pickup that David bought to transport equipment on weekend fishing trips should be considered a business to consumer (B2C) transaction David will use it for recreational activities.

The trailer that David bought to transport his lawn maintenance equipment should be considered a business to business (B2B) transaction David will use it for his lawn maintenance business.

6 0

1 year ago

Outlaw Bike Co. is a wholesaler of motorcycle supplies. An aging of the company’s accounts receivable on December 31, and a hist

gregori [183]

Answer:

The adjusting entry for uncollectible accounts as of December 31:

Debit Bad debts expense $68,550

Credit Allowance for doubtful accounts $68,550

Explanation:

Estimated uncollectible = $892,000 x 3/4% + $285,000 x 1% + $101,000 x 8% + $63,000 x 16% + $43,100 x 50% + $17,700 x 80% = $6,690 + $2,850 + $8,080 + $10,080 + $21,550 + $14,160 = $63,410

The company uses aging of accounts receivable to estimate uncollectible. The allowance for doubtful accounts had a debit balance of $5,140 as of December 31.

Bad debts expense = $63,410 + $5,140 = $68,550

The adjusting entry for uncollectible accounts:

Debit Bad debts expense $68,550

Credit Allowance for doubtful accounts $68,550

3 0

1 year ago