Answer:
<u>The correct answer is that Rachel's workshop total cost is US$ 5,700 per month and US$ 19 of average cost per unit sold every month.</u>
Explanation:
<u>1. Rachel's workshop monthly costs</u>
Rent US$ 600
Salaries US$ 3,600
Insurance premium US$ 300
Raw materials US$ 1,200
<u>Total monthly costs US$ 5,700</u>
<u>2. Rachel's workshop average monthly costs</u>
Number of units sold per month = 300
Average monthly costs = Total monthly costs/Number of units sold
Average monthly costs = 5,700/300
<u>Average monthly costs = US$ 19</u>
Answer: (a) Retained earnings = Equity.
(b) Sales = Revenues.
(c) Additional paid-in capital = Equity.
(d) Inventory = Assets.
(e) Depreciation = Expenses.
(f) Loss on sale of equipment = Losses.
(g) Interest payable = Liability.
(h) Dividends = Dividends payable are a liability. Dividends paid are a decrease in the accumulated results of the company as they are distributed to the owners.
(i) Gain on sale of investment = Gains.
(j) Issuance of common stock = are investments by the owners that become part of the capital.
Answer:
The question is incomplete:
<em>The analysts were concerned because not only was Porsche a late entry into the market, but also the introduction of the Cayenne might damage Porsche's reputation as a maker of high-performance automobile. In evaluating the Cayenne, would you consider the possible damage to Porsche's reputation as erosion? </em>
In marketing, brand erosion means that customers will value the brand less and their perceived value will decrease. Luckily for Porsche, they did not listen to them. The Cayenne is by far Porsche's largest source of revenue and profits.
Porsche is a brand that most people associate with luxury sports car, and their most famous model, the 911, has barely been modified during the last 50 years. But as the SUV market increased in size, their profits profits started to shrink. Many Porsche purists despise Cayennes and Macans, but the fact is that they increased the total number of units sold way beyond anyone's expectations.
Nowadays, more people view Porsche as a luxury car manufacturer and more people want to buy their products. A small number of consumers felt disappointed, but a vast majority were pleased.
Answer:
The amount should Tamarisk report as its December 31 inventory is $252,000
Explanation:
The computation of the ending inventory is shown below:
= Stock on hand + goods purchased from Sheffield Corp + goods sold to Wild horse Co.
= $190,000 + $29,000 + $33,000
= $252,000
We considered all the amounts which are given in the question i.e FOB destination and FOB shipping point which is added to the physical inventory on hand.
The gathering of factual statements is an example of marketing research in its descriptive role.
<span>The descriptive role of marketing research is focused on the gathering of facts to explain the current situation of a market and/or marketing program.</span>
