Q.4. FENERBAHCE Company expects to incur $600,000 as overhead costs for the coming year- $200,000 in Department A and $400,000 in Department B. Predetermined overhead rates will be based on machine hours and direct labour hours for Department A and Department B, respectively. The Department A expects to use 20,000 machine hours, and the Department B plans to utilize 40,000 hours of direct labor for the year. At the end of the year, Department A used 22,000 machine hours while Department B needed only 35,000 direct labour hours. In addition, Actual overhead costs incurred by the departments are $218,000 for Department A and $353,000 for Department B. Required: i) Please calculate predetermined overhead rates for the departments (10p). ii)Please calculate the amounts of underapplied or overapplied overhead costs for the departments ( 10p)

Answers

Answer 1

i) To calculate the predetermined overhead rates for the departments, we divide the estimated overhead costs by the estimated allocation base for each department.

Predetermined Overhead Rate (Department A) = Estimated Overhead Costs (Department A) / Estimated Machine Hours (Department A)Predetermined Overhead Rate (Department B) = Estimated Overhead Costs (Department B) / Estimated Direct Labor Hours (Department B)

Predetermined Overhead Rate (Department A) = $200,000 / 20,000 machine hours = $10 per machine hour

Predetermined Overhead Rate (Department B) = $400,000 / 40,000 direct labor hours = $10 per direct labor hour

ii) To calculate the amounts of underapplied or overapplied overhead costs for the departments, we compare the actual overhead costs incurred with the applied overhead based on the predetermined rates.

Underapplied or Overapplied Overhead (Department A) = Actual Overhead Costs (Department A) - (Predetermined Overhead Rate (Department A) * Actual Machine Hours (Department A))Underapplied or Overapplied Overhead (Department B) = Actual Overhead Costs (Department B) - (Predetermined Overhead Rate (Department B) * Actual Direct Labor Hours (Department B))

Underapplied or Overapplied Overhead (Department A) = $218,000 - ($10 * 22,000 machine hours)

Underapplied or Overapplied Overhead (Department B) = $353,000 - ($10 * 35,000 direct labor hours)

Simplifying the calculations will provide the actual amounts of underapplied or overapplied overhead costs for each department.

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Related Questions

an overall strategic approach in which the entreprneur does more or less what others are already doing refers to a(n)

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An overall strategic approach in which the entrepreneur does more or less what others are already doing refers to a(n) imitative strategy.

An imitative strategy is when an entrepreneur copies or mimics what others in the industry are already doing. This can be a successful approach, especially if the entrepreneur is able to improve upon the existing business model or offer a unique value proposition to customers.

However, it can also be risky, as it may be difficult to differentiate from competitors and stand out in the market. It is important for an entrepreneur to carefully consider their unique strengths and weaknesses before deciding on an imitative strategy.

Hence, an imitative strategy refers to an overall strategic approach in which the entrepreneur does more or less what others are already doing refers in the industry.

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Isa bought goods on credit from Ammar. The goods had a list price of $1000 but Ammar allowed Isa trade discount of 10% and cash discount of 4%.
How much did Isa have to pay Ammar?

Answers

Answer:

$600 correct me if im wrong

Business at korey’s comics has been good, and korey expects the same business next month. however, due to an increase in business, korey has made the decision to bring on an extra hand to help run the store in the afternoons. the new employee will make $435 per month. how does this change affect korey’s monthly net income? a. korey’s monthly net income will be $435. b. korey’s monthly net income will increase by $435. c. korey’s monthly net income will decrease by $435. d. korey’s monthly net income will not be affected by the change.

Answers

The correct option is d.

If business has been good and Korey expects the same level of business next month, then bringing on an extra hand to help run the store in the afternoons should enable the store to serve more customers and increase sales.

As long as the increase in sales revenue generated by the additional employee is greater than $435 per month, Korey's monthly net income will not be affected by the change.

However, if the additional employee does not generate enough additional revenue to cover their salary, then Korey's monthly net income would decrease by the amount of the additional expense, which is $435 per month in this case.

Therefore, The correct option is d.

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The founders of the U.S. wanted to avoid establishing a permanent aristocracy or group of wealthy families who could control a great deal of the nation’s wealth. How is this idea related to estate and gift taxes?

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Answer:

There are two points that I would like to single out that are very similar. First by implementing tax and gift taxes, Founding Father wanted to weaken families and business of that time, since there was a threat that rich families could become permanent aristocracy which over time could lead to the point where that families will rule the US. Second, by implementing those two taxes, government is taking a share from receivers since the receivers are getting some good that they did not earn it, they have just received it as a gift or as an estate. This way inheritance or gift would be of a much lesser value then it was before someone’s death or before someone made a gift. This was important because wealth of powerful families would just accumulate and grow so government of that time, strictly out of political reasons, prescribed those two taxes, so that the wealth will be smaller of value after tax.

The idea of avoiding an aristocracy by the founders of USA is related to estate and gift taxes because:

There was a need to reduce the influence of the wealthy

According to the given question, we are asked to show the link which the founders of America had to preventing aristocracy and imposing estate and gift taxes.

As a result of this, we need to remember than an aristocracy is a government based on the wealthy and influential members of the society and this was one of the things which the Founding Fathers of America sought to prevent.

With this in mind, we can see that they imposed gift and estate taxes which was specifically targeted at the extremely wealthy so that their influence would be reduced and the country would not become an aristocracy.

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Toyota produces more than 10 million vehicles a year. Toyota models "Lean manufacturing;" which is a way to make products faster and cheaper. In the 1920s Sakichi Toyoda founded the Loom Business, creating Toyota. However, the true founder was his son Kiichiro in 1937. Due to WW2 materials such as steel and metal were scarce and only getting worse. Toyota was not suited to take advantage of these opportunities; however, they took it on anyway. As the shortage for materials grew, Toyota had to work with what they had. As a result, some examples include having one headlight and one axle. In the 50s Toyoda went to the U.S. to research and what they found was at a grocery store, Piggly Wiggly. They noticed that this store had a self-service option, unlike Japan. This self-service option was seen as picking what you want and when you want it. This made the Just in Time system. As a Task, this eliminated waste and allowed Toyota to use a smaller number of parts and only use them when needed. More systems were created within the technology systems such as Sign Based System, which was goods in, and goods out counts. Although Toyota was making a name for themselves, they continued to use Ford’s idea of operations at full til to maximize efficient scale. But even though the line kept moving and more was getting done, there were a lot of vehicles that needed to be repaired after they left the line. This competitor's structure was not sufficient. As a result, this caused more problems and did not encourage workers or the machines to stop making mistakes. So, Toyota used TQM and made a process to stop the line at any time a problem was noticed. They installed a cable to pull when an error was seen by any worker. Then as the error was noticed and examined by the team(people), they fixed it and sent the car down the line to be finished. As a result of this new procedure, the number of errors dropped dramatically, and more reliable and affordable cars were produced. Toyota has now produced over 250 million cars. "Toyota production system changed not just how cars are made globally but how we make things full stop."
* make follow-up posts to reiterate a classmates point with their own personal experience, provide constructive feedback, and/or seek clarity.

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Toyota, the renowned automobile manufacturer, produces more than ten million vehicles every year. The Toyota brand is associated with lean manufacturing, which is a method of producing goods more efficiently and cost-effectively. Toyota was established by Sakichi Toyoda as the Loom Business in the 1920s, but it was Kiichiro Toyoda, his son, who founded Toyota in 1937.

During World War II, materials such as steel and metal were scarce, and Toyota struggled to take advantage of the opportunities presented. Nevertheless, Toyota rose to the occasion. As the materials shortage grew, Toyota had to work with what they had. This led to several innovations, such as the use of one headlight and one axle. In the 1950s, Toyoda went to the United States to research and found the self-service option at a grocery store called Piggly Wiggly. This self-service option allowed consumers to pick what they want and when they want it, which inspired Toyota's Just in Time system. This system eliminated waste and allowed Toyota to use fewer parts and only use them when needed. Toyota developed more systems within the technology systems, such as Sign-Based System, which was goods in and goods out counts. Despite making a name for themselves, Toyota continued to use Ford's idea of operating at full tilt to maximize efficient scale. However, even though the line kept moving, many vehicles needed repair after leaving the line. This competitor's structure was insufficient. Consequently, this caused additional issues and did not encourage employees or machines to avoid making mistakes. To solve this problem, Toyota used Total Quality Management (TQM) and implemented a procedure to stop the line if an issue was detected. They installed a cable that could be pulled if an error was detected by any employee. Then, as the problem was noticed and examined by the team, they fixed it and sent the vehicle down the line to be finished.

As a result of this new process, the number of errors decreased significantly, resulting in the production of more reliable and cost-effective cars. Toyota has now produced over 250 million vehicles. "The Toyota production system not only changed the way cars are made globally, but it also revolutionized how we produce things."

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if the elasticity of demand is 3, and the price rises by 15 percent, the a,) the quantity demanded will increase by 5 percentb.) the quantitty demanded will fall by 45 percentc,) the quantity demanded will rise by 4.5 percentd,) the percentage change in quantity demanded will fall as income risesn

Answers

The quantity demanded will fall by 45 percent. This is because the elasticity of demand measures the responsiveness of the quantity demanded to a change in price. The correct option is b.

Based on your question, you have provided the elasticity of demand (3) and a 15% price increase. Using the formula for price elasticity of demand (percentage change in quantity demanded / percentage change in price), we can determine the change in quantity demanded.

Given the price elasticity of demand (PED) is 3, and the price rises by 15%, we can set up the equation:

3 = (percentage change in quantity demanded) / 15%

Rearranging the equation, we get:

Percentage change in quantity demanded = 3 * 15% = 45%

Since the PED is greater than 1, this represents elastic demand, which means that a percentage change in price will result in a greater percentage change in quantity demanded. In this case, the 15% price increase will cause the quantity demanded to fall by 45%.

Therefore, the correct answer is: b.) the quantity demanded will fall by 45 percent.

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Use the drop-down menus to explain how to create a subreport. 1. Open the table in view. 2. On the Design tab, click Min Grouping & Totals. 3. Select "with a footer section" from a drop-down menu in a pane below. 4. Next, choose Subform/Subreport from the command group. 5. Place the cursor at an insertion point. Then, to create a space. 6. In the Subreport Wizard, choose what you want to include in the subreport from the main table. 7. Once you are satisfied, create a name for the subreport, and click Finish. DO NOT PUT ANY FILES JUST THE ANSWER.​

Answers

Answer:

design

group and sort

control

click and drag

Explanation:

gg

At a car maker, one engineer who works on the layout of the dashboard in their newest SUV regularly sits in on the weekly meetings of the engine design team to share and gather information for his team. In this situation, the engineer is acting as a ________ for his team.

Answers

The engineer is acting as a liaison for his team.

A liaison is someone responsible for facilitating communication between two or more organizations or parties.

Liaison are company representatives that streamline operations and handle public communications, coordination efforts, incident response and conflict resolution. They act as technical or subject matter experts for the person, agency or organization they represent.

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P&g’s concern about some users seeing p&g ads an excessive number of times relates primarily to which consideration for selecting media choices for a promotional campaign?.

Answers

P&G’s concern about some users seeing P&G advertisements an excessive number of times relates primarily to this consideration for selecting media choices for a promotional campaign: B. frequency.

What is an advertisement?

An advertisement can be defined as a group of consumer promotional campaign (program) which is designed and developed with the sole intention of making the various goods or services that are being offered by a business firm (company) to become known, popular and familiar to all of its customers and potential customers.

This ultimately implies that, consumer promotional campaign (program) such as online display and television advertisements, can help a business firm in several positive ways.

Additionally, the number of times that customers and potential customers view a consumer promotional campaign or advertisement is directly related to frequency.

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Complete Question:

Procter and Gamble (P&G) spends more than $7 billion per year on advertising, more than any other company in the world. For years, an increasing amount of that budget was being shifted away from television and toward online ads, including Face-book. Face-book ads offer companies the ability to precisely target ads to subgroups of shoppers, such as teenagers, new moms, and pet owners. At one point, P&G's digital ad spend was well more than $1 billion. Then, the company reversed course in the last few years.

In 2017, P&G announced it was cutting digital ads. By the end of 2017, it had cut $200 million in digital ad spending, moving some of those savings back over to other forms of promotion. Marc Pritchard, its chief brand officer, cited a number of reasons, including:

Concerns about brand safety: Top companies are wary of their brand becoming associated with the large amounts of controversial and inappropriate content that appears on social media platforms such as Face-book and You-Tube.Concerns about digital ad fraud: Companies are charged for views, however, P&G discovered that the average view time for a mobile ad on Face-book was only 1.7 seconds. In addition, some users were seeing P&G's ads an excessive number of times.Concerns about the fit of the digital medium for their audience: Pritchard said, "We targeted too much, and went too narrow…now we're looking at: What is the best way to get the most reach but also the right precision?"*

P&G’s concern about some users seeing P&G ads an excessive number of times relates primarily to which consideration for selecting media choices for a promotional campaign?

Lifespan

Frequency

Flexibility

Reach

__________ visually shows that the total revenue curve and the total cost curve intersect at a point of zero profit.

A) break-even chart

B) Gantt chart

C) sales response function

D) cross tabulation

E) demand curve

Answers

Answer:

C it would be hope this helped

What type of market does the NFL have in purchasing professional football labor?

Answers

The market that the NFL has in purchasing professional football labor is a monopsony.

A monopsony occurs when there is only one buyer of a particular type of labor or input. In the case of the NFL, it is the only buyer of professional football labor. Players who want to play professional football must negotiate with the NFL and its member teams in order to secure a job.

The NFL also has the ability to enforce strict rules and regulations, such as the salary cap, that limit the amount of money that teams can spend on player salaries.

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True or False: Organizations often add enticements such as relocation assistance and career development programs to attract better applicants. This is the only benefit to having these programs.

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The given statement "Organizations often add enticements such as relocation assistance and career development programs to attract better applicants." is True organizations often add enticements such as relocation assistance and career development programs to attract better applicants.

These programs not only attract better applicants, but they also provide additional benefits to both the employees and the organization. For instance, career development programs help employees improve their skills and knowledge, leading to increased job satisfaction and retention rates.

Furthermore, such programs foster a positive work environment, resulting in higher employee engagement and productivity. Meanwhile, relocation assistance eases the burden of moving for new employees, allowing them to focus on their new role and adapt to the organization more quickly.

In summary, while these programs do attract better applicants, they also provide numerous other benefits, such as employee skill enhancement, increased job satisfaction, and improved productivity, which ultimately contribute to the overall success of the organization.

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The money supply curve _____. This shift could be caused by the Federal Open Market Committee's (FOMC's) open-market purchase of Treasury bills.

Answers

Answer:

Shifts right

Explanation:

A rightward shift in the money supply curve indicates its increase. When the FOMC purchases Treasury bills, they purchase these securities with money, thus injecting more money into the economy and increasing the money supply.

There has been much interest in whether the presence of 401(k) pension plans, available to many U.S. workers, increases net savings. The data set 401KSUBS.RAW contains information on net financial assets (nettfa), family income (inc), a binary variable for eligibility in a 401(k) plan (e401k), and several other variables. a. What fraction of the families in the sample are eligible for participation in a 401(k) plan? b. Estimate a linear probability model explaining 401(k) eligibility in terms of income, age, and gender.

Answers

The coefficients (β1, β2, β3) will indicate the direction and magnitude of the relationships. Remember to assess the statistical significance of your coefficients, along with other diagnostic tests to ensure the model's validity.

a. To find the fraction of families in the sample that are eligible for participation in a 401(k) plan, you can use the following formula:

Fraction eligible = Number of families eligible / Total number of families

You can find the number of families eligible by counting the number of observations in the data set where the binary variable for eligibility in a 401(k) plan (e401k) equals 1. You can find the total number of families by counting the total number of observations in the data set.

b. To estimate a linear probability model explaining 401(k) eligibility in terms of income, age, and gender, you can use the following equation:

e401k = β0 + β1*inc + β2*age + β3*gender + ε

where e401k is the binary variable for eligibility in a 401(k) plan, inc is family income, age is age of the head of the household, gender is a binary variable indicating male or female, and ε is the error term.

You can use a regression analysis to estimate the values of β0, β1, β2, and β3, and to test the statistical significance of each variable. This will give you an idea of how much each variable contributes to 401(k) eligibility, and whether the relationship is positive or negative.

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A company implements a strategy to sell its products for a higher price e, premium pricing) based on high perceived value. The geographic scope of the strategy is national. This is an example of which type of strategy? O Cost focus O Differentiation focu O Differentiation O Cost-leadership Next Submit Quiz Not saved A competitive strategy that builds high perceived value across a wide geographic market is known as which type of strategy? O Cost focus O Cost-leadership O Differentitation.

Answers

The company that implements a strategy to sell its products for a higher price (premium pricing) based on high perceived value with a geographic scope that is national represents an example of- C. Differentiation strategy.

What is the reason?

According to Porter's generic competitive strategies, there are three general categories of strategic approaches that companies can use in order to get and maintain a competitive advantage: cost leadership, differentiation, and focus.

Differentiation is a marketing technique that involves creating a product or service that is exclusive in some way, such as providing high-quality or one-of-a-kind features that appeal to a particular set of customers. It is an approach in which a company distinguishes itself from its rivals by offering products that are unique or distinct in some way, resulting in higher perceived value.

By providing such an exclusive product or service, the company can charge a higher price, resulting in a higher profit margin.

Therefore, the strategy implemented by the company in the given scenario is the- C. Differentiation strategy.

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A type of account in which interest is earned on the deposit amount that typically require a
minimum balance, offer lower interest rates, and have restrictions on the number of withdrawals
allowed within a given time period is a

A type of account in which interest is earned on the deposit amount that typically require aminimum balance,

Answers

Checkings I think I hope that’s right

What is one major drawback of globalization?
O A. Poor workers in developing countries may not share in economic
gains.
O B. Environmental regulations have gotten in the way of economic
growth.
C. Businesses have access to fewer markets when selling their
products.
D. Inflation rates have declined significantly because of increased
global trade.

Answers

Answer:

A

Explanation:

All of the other options are incorrect

Poor workers in developing countries may not share in economic gains is one major drawback of globalization. Therefore, option A is correct.

What are the drawbacks of globalization?

Globalization has several drawbacks, including:

Widening income inequality: Globalization has led to increased trade and economic growth, but it has also contributed to widening income inequality, especially in developing countries.

Job losses: Globalization can lead to the loss of traditional jobs and industries, especially in developed countries. This is because companies may move their production facilities to countries with lower labor costs, leaving many workers unemployed.

Environmental degradation: Increased trade and economic growth can also lead to environmental degradation, as companies may prioritize profit over environmental sustainability. This can result in pollution, deforestation, and other forms of environmental damage.

Cultural homogenization: Globalization can also lead to the homogenization of cultures, as people become exposed to similar products, services, and ways of life. This can lead to the erosion of traditional cultural practices and values.

Dependency: Some developing countries become too dependent on foreign investment and trade, which can make them vulnerable to economic shocks and downturns.

Unequal distribution of benefits: Globalization can benefit some groups more than others, leading to unequal distribution of benefits.

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You are watching a presidential debate. When a candidate is questioned about his position on economic growth, the presidential candidate steps forward and says, "We need to get this country growing again. We need to use tax incentives to stimulate saving and investment, and we need to get that budget deficit down so that the government stops absorbing our nation's saving." A. If G remains unchanged, what inconsistency is implied by the presidential candidate's statement? B. If the presidential candidate truly wishes to decrease taxes and decrease the budget deficit, what has the candidate implied about his plans for G?

Answers

The inconsistency implied by the presidential candidate's statement is that if government spending (G) remains unchanged, then a decrease in tax revenue and an increase in saving and investment would lead to a larger budget deficit, not a decrease.

If the presidential candidate truly wishes to decrease taxes and decrease the budget deficit, the candidate has implied that their plans for government spending will need to be decreased as well. By decreasing government spending, the candidate can offset the reduction in tax revenue and prevent budget deficit from increasing.

It involves cutting certain programs, reducing subsidies or transfer payments, or measures to decrease the government's overall spending. Without a decrease in government spending, the candidate's plan to decrease taxes and decrease the budget deficit would not be feasible or effective.

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Which step in developing a mission statement requires you to think about who is affected by your organization and how they might measure your success?

Answers

Answer:

Considering the stakeholders' perspectives.

Explanation:

Considering the stakeholders' perspectives is a step in developing a mission statement which requires that you to think about who is affected by your organization and how they might measure your success.

Generally, when the top executives or management are developing a mission statement, decisions, and goals, it is very essential and important that they ensure it is favourable to the stakeholders. Stakeholders can be defined as a group of people who have interest or shares in a business entity and are affected by the decisions of the company.

Hence, the stakeholders perspective needs to be considered at all times because they're part of the business and their actions can affect the success of the business.

the ________ converts interest rates compounded for different periods into comparable annual rates, allowing you to compare interest rates easily.

Answers

The annual percentage rate (APR) converts interest rates compounded for different periods into comparable annual rates, allowing you to compare interest rates easily.

The annual percentage rate (APR) is the term that converts interest rates compounded for different periods into comparable annual rates, allowing you to compare interest rates easily. The annual percentage rate (APR) is the interest rate charged on an individual or entity's loan or credit balance over the course of a year, computed as a percentage of the total amount borrowed. It is frequently higher than the nominal interest rate and takes into account any fees or charges associated with the loan or credit card in addition to the interest rate. The APR offers a precise measure of the borrower's true cost of borrowing since it accounts for all of the charges associated with the loan. It is an excellent method for comparing loans or credit cards from different lenders to determine which one is best suited for your specific requirements. Lenders are also required to disclose the APR to borrowers under federal law, making it easier for consumers to compare loan or credit card options.

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OMG! Does anyone remember the commercial that goes “1-800-CONTACTS”

Answers

Answer:

YESSSSSS I DOOOOOO THAT THING WAS WERIDDDD

Answer:

Yes

Explanation:

an investor who buys and sells options on stock is a) an owner of the company. b) a lender to the company. c) neither an owner of nor a debtor of the company. d) a stockholder.

Answers

An investor who buys and sells options on stock is neither an owner of the company nor a lender to the company. The correct answer is option c) neither an owner of nor a debtor of the company.

When an investor buys and sells options on stock, they are engaging in derivative trading. Options are financial instruments that give the holder the right, but not the obligation, to buy or sell a specified quantity of the underlying stock at a predetermined price (known as the strike price) within a specific time frame.

As an options trader, the investor does not directly own shares of the company, so they are not considered an owner of the company (option a). They are also not lending money to the company, so they are not a lender to the company (option b).

Options trading is a separate financial transaction between the investor and other market participants. The investor's activities in options trading do not involve ownership rights, voting rights, or any direct connection to the company itself.

Therefore, the correct answer is option c) neither an owner of nor a debtor of the company. The investor is simply participating in the options market, speculating on price movements and seeking to profit from changes in the value of the options.

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if car manufactures sold their vehicles directly to customers; like tesla does, automotive supply chains would be shortened and car prices would:

Answers

If car manufacturers were to sell their vehicles directly to customers, the elimination of the dealership markup and greater control over pricing would likely lead to lower car prices for consumers.

If car manufacturers sold their vehicles directly to customers, like Tesla does, automotive supply chains would be shortened and car prices would likely decrease.

When a car manufacturer sells its vehicles through traditional dealerships, the cost of distribution adds an additional layer of markup to the final price of the car. The dealership incurs costs such as transportation, inventory holding, and sales commissions, which are ultimately passed on to the customer in the form of higher prices.

In contrast, when a car manufacturer sells its vehicles directly to customers, these distribution costs are eliminated or significantly reduced. This allows the manufacturer to offer its vehicles at lower prices, as it can maintain a more direct relationship with its customers and streamline the supply chain.

Furthermore, direct sales may also allow car manufacturers to be more flexible in their pricing strategies. With traditional dealership networks, car manufacturers often have less control over the final price that the customer pays for a vehicle. However, by selling directly to customers, car manufacturers can set their own prices and adjust them more easily based on factors such as demand and production costs.

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In a free market economy, the market, not the
determines prices. The interactions of
and
determine the price in the market?

Answers

In a free market economy, the market, not the government, determines prices. The interaction of producers and consumers determine the price in the market.

Answer: 1. government , 2. consumers , 3. producers

Explanation: edmentum / plato

your pharmacy stocks progesterone cream 10%. how much stock cream is needed to fill the prescription?

Answers

Prescriptions for progesterone cream 10% are usually filled with a certain amount of the cream that is based on the strength of the cream and the amount of cream prescribed by the doctor.

To fill a  tradition for progesterone cream 10, the drugstore must determine how  important of the cream is  demanded. For  illustration, if the  tradition specifies 5 grams of progesterone cream 10, the  drugstore would need to  give 5 grams of the cream. The  drugstore would  also measure out the proper  quantum of progesterone cream 10 from their stock  force and fill the  tradition.  

The progesterone cream 10  demanded to fill the  tradition can be calculated by multiplying the strength of the cream( 10) by the  quantum  specified( in grams). For  illustration, if the  tradition specifies 10 grams of progesterone cream 10, the  drugstore would need to  give 100 grams of the cream( 10 x 10 grams). Once the  drugstore has determined how  important of the progesterone cream 10 is  demanded to fill the  tradition, they can  also fill the  tradition with the applicable  quantum of the cream.

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3. What is ‘Quality Function Deployment’? (QFD). Briefly
describe the steps in performing a QFD. (15)

Answers

Quality Function Deployment (QFD) is a technique or approach to design quality control. In other words, it is a method of transforming customer requirements into a product or service design.

QFD serves as a communication tool for project teams; it ensures that customer requirements are met and that products are developed to their satisfaction.Quality Function Deployment is made up of seven main steps:Step 1: Define customer requirements and expectations (needs)Step 2: Identify and determine the importance of customer needs (prioritize).

Step 3: Translate the needs into engineering requirementsStep 4: Establish a target value for each engineering requirementStep 5: Evaluate competitive products and determine their strengths and weaknessesStep 6: Design the product and the manufacturing process simultaneously.

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apple is increasing its advertising spending and offering an ever-increasing range of styles and colors in its iphone line is an example of a ________ strategy.

Answers

Apple's strategy of increasing advertising spending and expanding iPhone styles and colors reflects a product differentiation approach, aimed at attracting and retaining customers through unique offerings and aesthetics.

Apple's decision to increase advertising spending and diversify the styles and colors of its iPhone line demonstrates a product differentiation strategy. Product differentiation is a marketing approach that aims to set a company's products apart from competitors by highlighting unique features, design, or customization options. In this case, Apple is focusing on enhancing the aesthetic appeal and personalization aspects of its iPhones. By offering a wide range of styles and colors, Apple appeals to different customer preferences and creates a sense of exclusivity, allowing individuals to express their personal tastes through their smartphone choices.

Moreover, Apple's increased advertising spending reinforces the effectiveness of this strategy. Advertising plays a crucial role in creating brand awareness, communicating product benefits, and influencing consumer perceptions. By allocating more resources to advertising, Apple can reach a larger audience, generate excitement, and showcase the diverse range of iPhone options available. This heightened visibility and marketing effort further contribute to differentiating Apple's iPhones from competitors and solidifying the brand's position in the market.

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"suppose the price of movies seen at a theater rises from $12 per couple to $20 per couple. the theater manager observes that the rise in price causes attendance at a given movie to fall from 300 persons to 200 persons. what is the arc price elasticity of demand for movies?"

Answers

Arc Price Elasticity of Demand = (200 - 300) / (200 + 300) / (20 - 12) / (20 + 12) = -1 / 500 / 8 / 32 = -1/4. As a result, the arc price elasticity of demand for films is -1/4.

What is arc price elasticity of  demand?

The arc price elasticity of demand measures how responsive the quantity required is to price fluctuations. It is estimated by dividing the percent change in quantity needed by the price change. A high arc price elasticity of demand suggests that demand is price sensitive, whereas a low arc price elasticity of demand shows that demand is less price sensitive. This knowledge is essential for businesses when setting product prices since it helps them understand how price changes affect demand. A product with a high arc price elasticity of demand is more sensitive to price changes, whereas a product with a low arc price elasticity of demand is less sensitive to price changes. This information can assist firms establish prices for their products since it helps them understand how price changes affect demand.

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2. What are the problems can someone have without personal finance knowledge?

Answers

The lack of financial literacy can lead to a number of pitfalls, such as accumulating unsustainable debt burdens, either through poor spending decisions or a lack of long-term preparation. This in turn can lead to poor credit, bankruptcy, housing foreclosure, or other negative consequences.

explain reasons for NGO's and CBOs to be part of the market environment

Answers

Answer:

explain reasons for NGO's and CBOs to be part of the market environment

Explanation:

explain reasons for NGO's and CBOs to be part of the market environment

Explanation:

NGOs exist for a variety of purposes, usually to further the political or social goals of their members. Examples include improving the state of the natural environment, encouraging the observance of human rights, improving the welfare of the disadvantaged, or representing a corporate agenda.

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