If a store sold 25 pairs of socks, making a 25% profit of $150, how much did they charge for each pair?

At the executive board meeting, Elena presents her proposal to use nontraditional distribution channels.

enyata [817]

Answer: Message travels over channel-A

Explanation: For effective Communication, the following steps must be considered

1.Sender has an idea

2.Sender encodes message

3.Receiver decodes message

4Feedback travels to sender.

Using the appropriate marketing channels which involves transfer of products/services from producer to consumer through functions of Specialization and division of labor, one can achieve that messages pass through appropriate channels

In using non-traditional channels the use of the Internet and mail-order channels, are employed .

4 0

2 years ago

Bowering Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 6.60 Direct labor

ArbitrLikvidat [17]

Answer:

3. $53,550

Explanation:

Product Cost:

Cost per Unit Cost per Period Direct materials $ 6.60

Direct labor $ 3.85

Variable manufacturing overhead $ 1.50

Fixed manufacturing overhead $ 81,000

Period Costs:

Sales commissions ($0.50 x 9,000 ) $4,500

Variable administrative expense ($0.50 x 9,000 ) $4,500

Fixed selling and administrative expense $44,550

Total Period Cost $53,550

For financial reporting purposes, the total amount of period costs incurred to sell 9,000 units is $53,550.

3 0

2 years ago

Lori, who is risk averse, has two pieces of jewelry, each worth $1,000. She plans to send them to her sister's firm in Thai

Mkey [24]

Answer:

The correct answer is the option E: higher if she sends the jewelry to Thailand in separate boxes because she's risk averse.

Explanation:

On the one hand, if Lori is risk averse then that means that she tends to prefer the less risk that can be in the moment of making a decision without given importance to what she can make of that decision.

On the other hand, the expected utility hypothesis states that Lori will choose the option that will have a greater utility according to the situations.

In conclussion, Lori will choose to send the jewelry to Thailand in separate boxes because she is risk averse and she will prefer to expend more money and lower the risks and by doing that she will have a higher expected utility.

3 0

2 years ago

The following costs and inventory data were taken from the accounts of Simon Company for 2010:

kenny6666 [7]

Answer:

Part a

Direct Materials Schedule

Beginning Materials $ 8,000

Add Purchases $83,000

Less Ending Materials ($ 7,000)

Less Indirect materials ($4,000)

Direct Materials Used in Production $80,000

Part b

Overheads Incurred during the year

$

Factory rent 8,000

Factory utilities 10,000

Indirect materials 4,000

Indirect labor 6,000

Total Overheads $28,000

Part c

Cost of Goods Manufactured Schedule

Direct Materials $80,000

Direct labor $42,000

Overheads $28,000

Add Opening Work In Process $15,000

Less Closing Work In Process ($13,000)

Cost of Goods Manufactured $152,000

Part d

Cost of Goods Sold

Beginning Finished goods Inventory $16,000

Add Cost of Goods Manufactured $152,000

Less Ending Finished Goods Inventory ($12,000)

Cost of Goods Sold $156,000

Explanation:

The following steps must be done to reach the cost of goods sold :

Use the Manufacturing Cost Schedule to calculate the Cost of Goods Manufactured
Use the Finished Goods Inventory Account to calculate the Cost of Goods Sold.

See the calculations and schedules prepared above.

8 0

2 years ago

A fast-growing computer service company is hiring a Computer Network Architect, a Computer Programmer, a Web Administrator, and

viktelen [127]

IT (Information Technology).

6 0

2 years ago

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