A company's marketing focus changes in which of the following ways when it uses a consumer-focused marketing mix? A business tries to improve relationships with suppliers. A business tries to anticipate supply changes. A business tries to differentiate its products. A business tries to think like its customers.

Answers

Answer 1

Answer: A business tries to think like its customers

Explanation:

The consumer focused marketing simply tries to understand the thoughts and the habit of a consumer in their buying habits.

When a company uses a consumer-focused marketing mix, the company's marketing focus changes as the business tries to think like its customers.

This is vital in order to improve sales and improve the revenue of the company.


Related Questions

Krumple Inc. produces aluminum cans. Production of 12-ounce cans has a standard unit quantity of 4.4 ounces of aluminum per can. During the month of April, 304,000 cans were produced using 1,250,000 ounces of aluminum. The actual cost of aluminum was $0.21 per ounce and the standard price was $0.12 per ounce. There are no beginning or ending inventories of aluminum. Calculate the materials price and usage variances using the columnar and formula approaches. Enter amounts as positive numbers and select Favorable or Unfavorable.

Answers

Answer:

Material Price Variance : $112,500 Unfavorable

Material Quantity Variance : 3,168 Favorable

Explanation:

Material Quantity Variance:

Standard quantity : 304,000 cans * 4.4 ounces = 1,337,600

Actual Quantity used : 1,311,200

Variance : 26,400 * $0.12 = $3,168 Favorable

Material Price Variance:

Standard Price : [Standard Price * Actual usage]

[$0.12  * 1,250,000] = $150,000

Actual Price [Actual Price * Actual Usage]

[$0.21 * 1,250,000] = $262,500

Variance : $112,500 UnFavorable

1-What will be the effect of the following on the accounting equation: a-Amer started business with cash 1,80,000$ b-Purchased goods for cash 50,000$ and on credit 20,000$ c-Sold goods for cash 40,000$ costing 24,000$ d-Rent paid 10,000$, rent outstanding 2000$The answer will be : a-Assets 2,06,000 , liabilities 22,000 , capital 184,000 b-assets 204,000 , Liabilities 20,000 , capital 184,000 c-assets 186,000 , Liabilities 22,000 , capital 164,000​

Answers

Answer:

Purchased goods for cash, 20,000. 4. Purchased goods on credit, 36,000. 5. Paid for rent, 700. 6. Goods costing ₹ 40,000 sold at a profit of 20% for cash ...

Goldfarb Company manufactures and sells toasters. Each toaster sells for $22.95 and the variable cost per unit is $15.85. Goldfarb's total fixed costs are $24,200, and budgeted sales are 7,200 units. What is the contribution margin per unit

Answers

Answer: $7.10

Explanation:

The Contribution margin of a good refers to the amount left of the sales after the variable costs have been removed from it. It is useful in calculating the breakeven point as it can divide the fixed costs to find out the number of units needed to breakeven.

It is therefore calculated as:

= Sales - Variable cost

= 22.95 - 15.85

= $7.10

Leigh sued an overzealous bill collector and received the following settlement:

Damage to her automobile that the collector attempted to repossess: $3,300
Physical damage to her arm caused by the collector: $15,000
Loss of income while her arm was healing: $6,000
Punitive damages 80,000

a. What effect does the settlement have on Leigh's Gross income?
b. Assume that Leigh also collected $25,000 of damages for slander to her personal reputation caused by the bill collector misrepresenting the facts to Leigh's employer and other creditors. Is this $25,000 included in Leigh's gross inome? Explain.

Answers

Answer and Explanation:

a.

The punitive damages of $80,000 should be involved in the gross income of leigh. The amounts like $15,000 and $6,000 should not be included as this is a physical personal injury except the $3,300 that for the damaged as this amount is untaxable also here the capital is recovered because it decreased the basis by $3,300

b. The $25,000 should be included in the gross income of leigh as it does not occur from the physical personal injury

On the first day of its fiscal year, Ebert Company issued $50,000,000 of 10-year, 7% bonds to finance its operations. Interest is payable semiannually. The bonds were issued at a market (effective) interest rate of 9%, resulting in Ebert receiving cash of $43,495,895. The company uses the interest method.

a. Journalize the entries to record the following:

1. sale of the bonds.
2. First semiannual interest payment, including amortization of discount.
3. Second semiannual interest payment, including a of discount.

b. Compute the amount of the bond interest expense for the first year.
c. Explain why the company was able to issue the bonds for only $43,495, 895 rather than for the face amount of $50,000,000.

Answers

Answer:

Ebert Company

Journal Entries:

1) Debit Cash $43,495,895

Debit Bonds Discounts $6,504,105

Credit Bonds Payable $50,000,000

To record the sale of the bonds at a discount.

2) First semiannual interest payment:

Debit Interest Expense $1,957,315

Credit Amortization $207,315

Credit Cash $1,750,000

To record the first semiannual interest payment.

3) Second semiannual interest payment:

Debit Interest Expense $1,966,644

Credit Amortization $216,644

Credit Cash $1,750,000

To record the second semiannual interest payment.

b. Bond interest for the first year = $3,923,959 ($1,957,315 + $1,966,644)

c. The company issued the bonds at a discount at a coupon rate of 7%, which is less than the market interest rate of the bonds (9%).

Explanation:

a) Data and Calculations:

Face value of bonds = $50,000,000

Price received =            $43,495,895

Discount =                       $6,504,105

Coupon interest rate = 7%

Interest payment = semiannually

Maturity period = 10 years

Market (effective) interest rate = 9%

1) Cash $43,495,895 Bonds Discounts $6,504,105 Bonds Payable $50,000,000

2) First semiannual interest payment:

Interest Expense $1,957,315 Amortization $207,315 Cash $1,750,000

Cash payment =   $1,750,000 ($50,000,000 * 3.5%)

Interest expense =  1,957,315 ($43,495,895 * 4.5%)

Amortization =         $207,315

Fair value of bonds = $43,703,210 ($43,495,895 + $207,315)

3) Second semiannual interest payment:

Interest Expense $1,966,644 Amortization $216,644 Cash $1,750,000

Cash payment =   $1,750,000 ($50,000,000 * 3.5%)

Interest expense = 1,966,644  ($43,703,210 * 4.5%)

Amortization =        $216,644

Fly High Inc. intends to invest in a new airplane. Information regarding the investment in the airplane is given below: Project A Life of project 5 years Initial investment $33,277,644 Net annual after-tax cash inflow $7,900,000 The cost of capital for the company is 8%. Calculate the internal rate of return (IRR) for the new airplane. a.10% b.8% c.6% d.5%

Answers

Answer:

c.6%

Explanation:

IRR is the interest rate at which the NPV of a project is zero

Use the following steps to determine the IRR

1. Determine the cash flows

2. Calculate the Total Annual cash flow

3. Use the IRR function in Excel to calculate the IRR for the calculated cash flow

The working is attached with this answer please find it.

Russell Company has acquired a building with a loan that requires payments of $22,500 every six months for 4 years. The annual interest rate on the loan is 10%. What is the present value of the building? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.)

Answers

Answer:

$145,422

Explanation:

n = 4 * 2 =  8 periods

i = 10% / 2 = 5%

Present value of the building = $22,500 * PVAF(8%, 5%)

Present value of the building = $22,500 * 6.4632

Present value of the building = $145,422

How do I deal with a question in any subject, FAST!​

Answers

Reanalyse the question and make a connection to past progress. Basic schooling systems repeat most their material in different ways just to have the student become more flexible in their area.

Look back to what you did and make connections.

If it’s really hard then ask questions about the topic.

Hope this helped!

Suppose that hiring a third worker at the campus coffee shop increases sales from $115 per hour to $130 per hour. What is the marginal product of labor per hour from adding that third worker

Answers

Answer: $15 per hour

Explanation:

The marginal product of labor in this instance is the increase in total sales as a result of one additional worker being hired:

= Change in sales/ change in number of workers

= (130 - 115) / 1

= 15/1

= $15 per hour

Sharice is participating in a financial-management webinar in which the speaker is using unfamiliar terms and jargon, so Sharice asks the speaker to clarify the meaning of what he is saying. Which of the following elements of effective listening is Sharice enacting?
a. responding.
b. remembering.
c. hearing.
d. understanding.
e. devaluating.

Answers

Answer:

d. understanding

Explanation:

In communication when people share information the different parties go through the following stages in order: hearing, understanding, and responding.

In the given scenario the speaker is using unfamiliar terms and jargon, so Sharice asks the speaker to clarify the meaning of what he is saying.

She is trying to understand what the speaker is saying

In a hotel, 50 percent of the guests pay by American Express credit card. Suppose the first X-1 guests use NON-American Express credit cards while the Xth guest is the first to use an American Express. Then P(X>2)=0.5.
A. True
B. False

Answers

Answer:

A. True

Explanation:

Since in the question it is mentioned that in  a hotel, the guest pay 50% of the amount via using the american express credit card so this means every second person could able to pay with it

so the equation should be

P(X>2) = 0.50 or 50%

Therefore the given statement is true

Hence, it cant be false

Thus, the option a is correct

Variable costs as a percentage of sales for Lemon Inc. are 71%, current sales are $551,000, and fixed costs are $207,000. How much will operating income change if sales increase by $37,600? a.$10,904 increase b.$26,696 decrease c.$26,696 increase d.$10,904 decrease

Answers

Answer: a.$10,904 increase

Explanation:

Operating income before sales increase:

= Sales - Variable costs - Fixed costs

= 551,000 - (71% * 551,000) - 207,000

= -$47,210

Operating income after sales increase:

Sales increases to:

= 551,000 + 37,600

= $588,600

= 588,600 - (71% * 588,600) - 207,000

= -$36,306

Difference:

= -47,210 - (-36,306)

= Increase of $10,904

MC Qu. 149 Trago Company manufactures... Trago Company manufactures a single product and has a JIT policy that ending inventory must equal 30% of the next month's sales. It estimates that May's ending inventory will consist of 85,500 units. June and July sales are estimated to be 285,000 and 295,000 units, respectively. Trago assigns variable overhead at a rate of $2.30 per unit of production. Fixed overhead equals $405,000 per month. Compute the number of units to be produced and use this amount to compute the total budgeted overhead that would appear on the factory overhead budget for the month of June.

Answers

Answer:

$1067400

Explanation:

The computation of the number of units and factory overhead is given below:

units to be produced in june is  

= ending inventory + sales - beginning inventory

= (30% of 295000) + 285000 - 85500

= 288000 Units

Now  

Overheads budgeted for june

= variable overheads + fixed overheads

= (288000 × 2.3) + 405000

= 662400+405000

= $1067400

D Corporation applies manufacturing overhead to jobs using a predetermined overhead rate of 75% of direct labor cost. Any under of overapplied manufacturing overhead cost is closed out to Cost of Goods Sold at the end of the month. During May, the following transactions were recorded by the company:
Raw materials (all direct materials):
Purchased during the month $38,000
Used in production $35,000
Labor:
Direct labor-hours worked during the month 3,150
Direct labor cost incurred $30,000
Manufacturing overhead cost Incurred (total) $24,500
Inventories:
Raw materials (all direct), May 31 $8,000
Work in process, May 1 $9,000
Work in process, May 31 $12,000
Contains $4,400 in direct labor cost.
The Cost of Goods Manufactured for May was:____.
a. $84,500.
b. $95,000.
c. $75,500.
d. $81,500.

Answers

Answer:

D Corporation

The Cost of Goods Manufactured for May was:____.

a. $84,500.

Explanation:

a) Data and Calculations:

Predetermined overhead rate = 75% of direct labor cost

Raw materials (all direct materials):

Purchased during the month $38,000

Used in production                 $35,000

Labor:

Direct labor-hours worked during the month 3,150

Direct labor cost incurred $30,000

Manufacturing overhead cost Incurred (total) $24,500

Inventories:

Raw materials (all direct), May 31 $8,000

Work in process, May 1 $9,000

Work in process, May 31 $12,000

Contains $4,400 in direct labor cost.

Cost of Goods Manufactured:

Work in process

Beginning balance May 1     $9,000

Raw materials used           $35,000

Direct labor cost incurred $30,000

Overhead applied               22,500

Cost of goods manufactured          $84,500

Work in process, May 31                  $12,000

Your firm is considering a project with a discount rate of 9%. If you start the projecttoday, your firm will incur an initial cost of $490 and will receive cash inflows of$365 per year for 3 years. If you instead wait one year to start the project, the initial cost will rise to $530 and the cash flows will increase to $405 a year for the following 3 years. Would your firm be better off starting the project now or waiting to start the project in a year? Explain clearly including an estimate of the value of the option to wait.

Answers

Answer:

If the company start the project today then NPV of the project,

Year                Cash Flow             PV of Cash flow

0                             -490                          -490

1                              365                   365/1.09= 334.86

2                              365                   365/1.09^2 = 307.21

3                              365                   365/1.09^3= 281.85

                                                                    NPV = 433.92

NPV of Project0= $ 433.92

If a company start a project after one year,

Year        Cash Flow                                 PV of Cash flow

0                       0                                                    0

1                     -530                                  -530/1.09= -486.24

2                           405                                      405/1.09^2 =340.88

3                      405                                   405/1.09^3 = 312.73

4                      405                                   405/1.09^4 = 286.91

                                                                           NPV = 454.28

NPV of Project1= $ 454.28

Here for project start after one year has more Net Present Value of cash flow compared to which start now.

So, Starting a project after one year is more profitable.

Zach attended Champion University during 2014-2018. He lived at home and was claimed by his parents as a deduction during the entire duration of his education. He incurred education expenses of $15,000 during college of which $3,750 was paid for by scholarships. To finance his education, he borrowed $9,500 through a federal student loan program and borrowed another $5,500 from a local lending institution for educational purposes. After graduation, he married and moved with his spouse to a distant city. In 2019, he incurred $950 of interest on the federal loans and $550 on the lending institution loan. He filed a joint return with his spouse showing modified AGI of $113,500. What amount of student loan interest can Zach and his spouse deduct in 2019, if any

Answers

Answer:

The amount of student loan interest can Zach and his spouse deduct in 2017 is $1,125

Explanation:

The amount of student loan interest can Zach and his spouse deduct in 2017 is $1,125

The amount of student loan interest can Zach and his spouse deduct in 2017 is

Education Expenses:

= $15,000 Incurred Expenses - $3,750 Scholarship

= $11,250

$11,250 / $15,000 = 75%

Interest Incurred:

= $950 Federal Loan Interest + $550 Lending Loan Interest

= $1, 500

$1,700 x 90% = $1,125

Question 4 of 10
Which situation best illustrates the process of capital formation?
O A. A farmer increases his profits by growing a variety of new crops.
B. An artist buys bonds that will increase in value over time.
C. An engineer tries to limit her spending during the week.
O D. A factory worker takes out a high-interest loan to buy a new home.
SUBMIT

Answers

Answer:

I think it is B

Explanation:

Answer:

an artist buys bondss that will increase in value over time.

Explanation:

took the test. UwU

Toàn cầu hóa có ảnh hưởng gì đến thế giới

Answers

Answer:

1. Globalization encourages economic growth within a country.

2. Globalization encourages the specialization of goods (product specialization) and as such facilitating the production of quality goods.

3. Globalization increases the types of goods and services that are made available in different countries around the world.

Explanation:

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace.

Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

Some of the ways in which globalization affects the world include the following;

1. Globalization encourages economic growth within a country.

2. Globalization encourages the specialization of goods (product specialization) and as such facilitating the production of quality goods.

3. Globalization increases the types of goods and services that are made available in different countries around the world.

When there are batch-level or product-level costs, in comparison to a traditional cost system, an activity-based costing system ordinarily will shift costs from: a. high-volume to low-volume products. b. low-volume to high-volume products. c. specialized to standardized products. d. standardized to specialized products.

Answers

Answer: A. high-volume to low-volume products

Explanation:

Batch-level costs refers to the expenses that are related to the group of products which cannot be traced back to an individual item. The cost of production are incurred for the production of a batch.

Activity-based costing refers to the method whereby overhead and indirect costs are assigned to the products and services.

When there are batch-level or product-level costs, in comparison to a traditional cost system, an activity-based costing system ordinarily will shift costs from a high-volume to low-volume products.

Baden Company manufactures a product with a unit variable cost of $100 and a unit sales price of $176. Fixed manufacturing costs were $480000 when 10000 units were produced and sold. The company has a one-time opportunity to sell an additional 1000 units at $140 each in a foreign market which would not affect its present sales. If the company has sufficient capacity to produce the additional units, acceptance of the special order would affect net income as follows:

a. Income would decrease by $8,000.
b. Income would increase by $8,000.
c. Income would increase by $140,000.
d. Income would increase by $40,000.

Answers

Answer:

d. Income would increase by $40,000

Explanation:

Calculation to determine what the acceptance of the special order would affect net the income

Net income=(Additional unit price*Additional units)-(Variable cost *Additional units

Let plug in the formula

Net income = ($140× 1,000)-($100×1,000)

Net income= $140,000-$100,000

Net income=$40,000 Increase

Therefore If the company has sufficient capacity to produce the additional units, acceptance of the special order would affect net income as follows Income would increase by $40,000

(Economics)
Which of the following best explains why the money supply is increased when
the Fed buys Treasury bonds?
A. When the Fed buys Treasury bonds, it increases the amount of
deposits in people's bank accounts.
O B. When the Fed buys Treasury bonds, the available supply of bonds
decreases, which drives up bond prices.
C. When the Fed buys Treasury bonds, the demand for bond
purchases and for money in general is increased.
D. When the Fed buys Treasury bonds, there are more bonds on
reserve to enable overnight loans.

Answers

Answer:

D.whene the fed buys Treasury bonds,there are more bonds on

Answer:

C. When the Fed buys Treasury bonds, it increases the amount of deposits in people's bank account.

Explanation:

Trust me

Susan uses her office building as collateral to access credit and take out a loan from the bank. Because of the loan, she can hire three people to help her manage her business.

Answers

Answer:

property rights

Explanation:

edmentum/plato

Brazil, Russia, India, China, and South Africa, also known as BRICS, are emerging countries poised to be dominant economic players in the 21st century. What are some of the political, legal and economic conditions that help or hinder economic expansion for these countries?

Answers

Answer:

Major challenges are wars and conflicts, reduced investments and reduced trade is hindering the economic development.

Explanation:

The BRICS economy is in the major economy in the world. It has an economy of manufacturing, services, and raw materials.  The contribution of the BRCS economy is bout 30% of the world economy as of 2014.

Bonita Industries has a weighted-average unit contribution margin of $30 for its two products, Standard and Supreme. Expected sales for Bonita are 20000 Standard and 80000 Supreme. Fixed expenses are $2100000. How many Standards would Bonita sell at the break-even point

Answers

Answer:

70,000 units

Explanation:

Step 1 : Determine the Sales Mix

Standard : Supreme

20000 : 80000

1 : 4

Step 2 : Determine the Overall Break even Point

Break even Point = Fixed Cost ÷ Contribution per unit

                              = $2100000÷ $30

                              = 70,000

Step 3 : Determine break-even point for Standards

Standards Break even point = 70,000 x 1

                                                = 70,000 units

Investing $2,000,000 in TQM's Channel Support Systems initiative will at a minimum increase demand for your products 1.7% in this and in all future rounds. (Refer to the TQM Initiative worksheet in the CompXM.xls Decisions menu.) Looking at the Round 0 Inquirer for Andrews, last year's sales were $163,189,230. Assuming similar sales next year, the 1.7% increase in demand will provide $2,774,217 of additional revenue. With the overall contribution margin of 34.1%, after direct costs this revenue will add $946,008 to the bottom line. For simplicity, assume that the demand increase and margins will remain at last year's levels. How long will it take to achieve payback on the initial $2,000,000 TQM investment, rounded to the nearest month

Answers

Which of the following statements is generally true about change in the workplace ? a ) Most people accept change easily . b) Smart companies can avoid change altogether. c) Change in the workplace fairly infrequently d) Individuals can learn to manage the change in their lives.

The ledger of Mai Company includes the following accounts with normal balances: D. Mai, Capital $10,100; D. Mai, Withdrawals $1,350; Services Revenue $24,000; Wages Expense $13,900; and Rent Expense $3,800.
Prepare the necessary closing entries from the available information at December 31.

Answers

Answer:

Dec. 31

Dr Service Revenue $24,000

Cr Income Summary $24,000

Dec. 31

Dr Income Summary $17,700

Cr Wages expense $13,900

Cr Rent expense $3,800

Dec. 31

Dr Income Summary $6,300

Cr Retained Earnings $6,300

Dec 31

Dr Services Revenue $1,350

Cr D. Mai, Withdrawals $1,350

Explanation:

Preparation of the necessary closing entries from the available information at December 31.

General Journal

Dec. 31

Dr Service Revenue $24,000

Cr Income Summary $24,000

Dec. 31

Dr Income Summary $17,700

($13,900+$3,800)

Cr Wages expense $13,900

Cr Rent expense $3,800

Dec. 31

Dr Income Summary $6,300

Cr Retained Earnings $6,300

($24,000-$17,700)

Dec 31

Dr Services Revenue $1,350

Cr D. Mai, Withdrawals $1,350

If farmer sam macdoanld can produce 200 pounds of cabbages and 0 pounds of patotes or 0 pound of cabbes and 100 pounds of potatoes and faces a linear produciton possiblies curve for his farm, the opportunity cost of production an additional pound of cabbage is:_____.
a. 1/2.
b. 2.
c. 100.
d. 200.

Answers

C is your best answer!! goodluck

Melissa, a new employee at Epic Electronics, is required to perform a variety of bookkeeping and clerical tasks at a workstation. Epic has training software on its workstations that can answer many of the questions she has about what to do on her new job, and how to do it. The software is so good that she rarely asks her supervisor for help. It even tracks the way Melissa performs certain tasks, and offers suggestions to improve her productivity. This software is an example of:__________

Answers

Answer:

The way businesses are using knowledge technology to move relevant information to the people who need it.

Explanation:

Knowledge technology can be regarded as Intelligent as well as information and nteraction technologies which gives support to creation as well as management of knowledge at various individual and to all social levels. This technologies can be regarded as term used in describing technologies that is is been provided as result of collection of knowledge as well as process and storage of this knowledge, then how this knowledge is been transmitted to any place and the access of this information from anywhere.

Bravo inc owns 20,000 of the 40,000 outstanding shares of bello, inc. common stock. During 2021, Bello earns 1,200,000 and pays cash dividends of 960,000. IF the beginning balance in the investment account was 750,000, the balance at December 31, 2021 should be:_______

Answers

Answer:

the  ending balance of the investment account is $870,000

Explanation:

The computation of the ending balance of the investment account is shown below:

= Beginning balane + [(earns - dividend) × (owns shares ÷total shares)]

= $750,000 + [($1,200,000 - $960,000) × (20,000 ÷ 40,000)]

= $750,000 + $120,000

= $870,000

Hence, the  ending balance of the investment account is $870,000

Cash Dividends on Common and Preferred Stock Lemon Inc. has the following information regarding its preferred and common stock: Preferred stock, $30 par, 12% cumulative; 300,000 shares authorized; 150,000 shares issued and outstanding Common stock, $2 par; 2,500,000 shares authorized; 1,200,000 shares issued; 1,000,000 outstanding As of December 31, 2019, Lemon was 3 years in arrears on its dividends. During 2020, Lemon declared and paid dividends. As a result, the common stockholders received dividends of $0.45 per share. Required: 1. What was the total amount of dividends declared and paid during 2020? Total dividends declared and paid $fill in the blank c3f04df87fe8040_1 2. During 2020, what journal entry was made at the date of declaration?

Answers

Answer:

1. $2,610,000

2. Dr Dividends $2,610,000

Cr Dividends Payable $2,610,000

Explanation:

1. Calculation to determine the total amount of dividends declared and paid during 2020

Arrear Preferred Dividends $1,620,000 (150,000*30*12%*3 years)

Add Current Preferred Dividends $540,000 (150,000*30*12%)

Add Common stock Dividends $450,000 (1,000,000*$0.45 )

Total amount of dividends declared and paid $2,610,000

Therefore the total amount of dividends declared and paid during 2020 is $2,610,000

2. Preparation of the journal entry was made at the date of declaration

Dr Dividends $2,610,000

Cr Dividends Payable $2,610,000

Required: 1. What was ? Total dividends declared and paid $fill in the blank c3f04df87fe8040_1 2. During 2020, what journal entry was made at the date of declaration?

Other Questions
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