d.
Ron will not make his monthly goal of $1,270 and will need $741.68 to supplement his monthly income when he retires.
Marketing of a boat cleaning company needs to account for targeting a segment of population that owns boats.
Explanation:
Here, in simple terms, the marketing strategy is missing the people it was supposed to target for their marketing.
The company working in the niche has to target boat owners specifically, which the marketing fails to do.
<u>Segmentation is an activity in which a wide net of marketing population is marketed to and then the clients are filtered out.</u> This is not a very effective method but it was essentially trying to <u>find which people look out for the service the company provides.</u>
Answer:
$5,000
Explanation:
<em>Note that Lakeland Chemical manufactures uses weighted-average method of process costing</em>
Equivalent units
Materials = 9,000
Conversion Costs = 7,500
Total Costs
Materials = $20,500
Conversion Costs = $15,000
Cost per equivalent units
Materials =
Conversion Costs =
Total Cost in remaining in work in process
Total Cost
The total costs remaining in work in process on May 31 are $5,000.