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s344n2d4d5 [400]
2 years ago
5

Soon-Yi Park’s chain of travel agencies has identified the lesbian, gay, bisexual, and transgender community as a growing market

that spends an increasing percentage of its income on travel. Which of the following would be the LEAST effective component of a marketing plan for Soon-Yi to take advantage of this opportunity?
a. develop a presence on LGBT-oriented social networking sites
b. position his agency as focused on specialized experiences
c. implement a mass marketing campaign
d. place specially-targeted ads in gay-themed publications
e. advertise on LOGO, the cable television network aimed at gays and lesbians and their friends and family
Business
1 answer:
xenn [34]2 years ago
5 0

Answer: Implement a mass marketing campaign

Explanation:

From the question, we are informed that Soon-Yi Park’s chain of travel agencies has identified the lesbian, gay, bisexual, and transgender community as a growing market that spends an increasing percentage of its income on travel.

The least effective component of a marketing plan for Soon-Yi to take advantage of this opportunity is implementing a mass marketing campaign. Rather, Soon-Yi should use a strategy relating to those in LGBT.

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Kamin Company's mixing department had a beginning inventory of 4,000 units which had accumulated conversion costs of $55,000. Du
Kobotan [32]

Answer:

The cost per equivalent unit for conversion costs in the mixing department is $ 14.19

Explanation:

<em>Step 1 Calculate the Number of Units Completed</em>

Hint: Units input in process must equal units out of the process

Therefore Units Completed = 4,000 units+8,000 units - 2,500 units

                                              = 9,500 units

<em>Step 2 Calculate the total conversion cost in the process for the period</em>

Hint : Conversion costs in Opening Work In Progress + Conversion Costs Started during the Process

Therefore:

Opening Work In Progress         $55,000

Add Started during the Process $92,000

Total Conversion Costs              $149,000

<em>Step 3 Calculate total Equivalent Units related to Conversion Costs</em>

Completed Units - 100%               9,500

Closing Work in Progress - 40%   1,000

Total                                              10,500

<em>Step 4 The cost per equivalent unit for conversion costs in the mixing department</em>

cost per equivalent unit for conversion costs= total conversion cost/ total Equivalent Units

                                                                             = $149,000/ 10,500

                                                                             = $ 14.19

6 0
2 years ago
Camden Corporations agreed to build a warehouse for a client at an agreed contract price of $ 900,000. Expected (and actual) cos
weqwewe [10]

Answer:

Key figures:

2016:

Revenue = $270,000

Expenses = $202,500

Income = $67,500

2017:

Revenue = $450,000

Expenses = $337,500

Income = $112,500

2018:

Revenue = $180,000

Expenses = $135,000

Income = $45,000

Explanation:

Under this method, percentage of work completed is determined using the following <u>formula:</u>

<em>Percentage of work completed = (Total Expenses incurred on the project till the close of the accounting period) ÷ (Total Estimated Cost of the Contract)</em>

Total estimated cost = $202,500 + $337,500 + $135,000 = $675,000

<u>2016:</u>

Percentage of work completed = ($202,500 ÷ $675,000)×100 = 30%

Expenses in 2016 = $202,500 (answer)

Revenue in 2016 = $900,000 × 30% = $270,000 (answer)

Income in 2016 = Revenue - Expenses

Income in 2016 = $270,000 - $202,500

Income in 2016 = $67,500 (answer)

<u>2017:</u>

Percentage of work completed = ($337,500 ÷ $675,000)×100 = 50%

Expenses in 2017 = $337,500 (answer)

Revenue in 2017 = $900,000 × 50% = $450,000 (answer)

Income in 2017 = Revenue - Expenses

Income in 2017 = $450,000 - $337,500

Income in 2017 = $112,500 (answer)

<u>2018:</u>

Percentage of work completed = ($135,000 ÷ $675,000)×100 = 20%

Expenses in 2018 = $135,000 (answer)

Revenue in 2018 = $900,000 × 20% = $180,000 (answer)

Income in 2018 = Revenue - Expenses

Income in 2018 = $180,000 - $135,000

Income in 2018 = $45,000 (answer)

4 0
2 years ago
Why is it important for the ALSA management team to understand the importance of social media in their work?
Bad White [126]

Answer: the ALSA management team must understand the importance of social media in their work because of globalization. People can work from one country to another country through social media. Through social media you can get answer to your problems at work quickly.

Explanation:

7 0
2 years ago
Read 2 more answers
Given a prior forecast demand value of 1,100, a related actual demand value of 1,000, and a smoothing constant alpha of 0.3, wha
Korvikt [17]

Answer:

1,030

Explanation:

Calculation for what is the exponential smoothing forecast value

Exponential smoothing forecast value = 1,000 + 0.3 x (1,100-1,000)

Exponential smoothing forecast value = 1,000 + 0.3 x (100)

Exponential smoothing forecast value = 1,000 + 30

Exponential smoothing forecast value= 1,030

Therefore the exponential smoothing forecast value will be 1,030

5 0
2 years ago
EA11.
Vedmedyk [2.9K]

Answer:

$1,700

Explanation:

Given that,

Purchase of raw materials inventory  = $1,000

Assignment of raw materials inventory to Job 5  = $500

Payroll for 20 hours with $1,000 assigned to Job 5

Factory utility bills = $750

Overhead applied at the rate = $10 per hour

Cost assigned to Job 5 at the end of the week:

= Raw materials inventory to Job 5 + Labor cost + Manufacturing Overhead applied

= $500 + $1,000 + ($10 per hour × 20 hours)

= $500 + $1,000 + $200

= $1,700

3 0
2 years ago
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