Direct labor 10100 Direct material 7500 FOH Direct labor 10100 Molding department (800*5) 4000 Finishing department =4300*120/100 5160 Prime cost 17600 Conversion cost 19260 Req (4) Bid price/ sale price Direct labor 10100 Direct material 7500 FOH Molding department ( 800*5) 4000 Finishing department =4300*120/100 5160 Total manufacturing cost 26760 Markup
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disorganized and in the long run‚ it will run out of business. Pricing and Service Decisions In healthcare organizations‚ the managerial accounting department decides whether an established price for a particular service is profitable. Managers in a charge-based environment must set prices on the services that their organization offers. In addition‚ determine
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of the list price does the buyer pay? Question 9 Fill in the Blank 5 points The actual credit one receives in making a partial payment is calculated by taking the partial payment and dividing by the complement of the __________ __________. Question 10 Fill in the Blank 5 points Assuming a list price of $800.00 and a discount of 15/10/10‚ the net price would be __________. Question 11 Fill in the Blank 5 points List price minus __________
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basically the main phrase that describes the different types of choices that companies have to decide on when they are planning on beginning a new service or product in the market. The four elements of the marketing mix are product‚ place‚ promotion‚ and price which are all centered and based on the consumer. Product One of the most famous fast food restaurants in the fast food industry is McDonald’s. McDonald’s has been able to be the most successful and famous fast food restaurant in the whole world
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similar price points on their products and services. Freightwing obviously thought there would be synergies in combining the two firms. But Roger Martin is not quite ready to sell to Freightwing or file Chapter 11. He has a two-pronged strategy. While he’s certain the installation costs of his products are similar to Freightwing’s and cannot be reduced‚ he believes he can possibly cut the baseline cost per trailer and get all of Baveritt Express’s business. Such a “penetration price” policy
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of my shopping‚ and I always wonder why this happens. Frankly speaking‚ baby clothes or shoes are usually charged at a similar price to me‚ however‚ sometimes they maybe even more expensive! For example‚ a pair of Women/Men Baya clog will be selling in Crocs for HKD $298‚ but it is selling at HKD$248 for kids’ version. If you compare those with cartoon characters‚ the price can goes up to HKD $428 while the classic one for adult is only HKD$348. However‚ the sizes as well as the raw materials used
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Augat Electronics Inc. - A Case Analysis 1. Critical Issues Canadian market for Cable TV connectors is expected to grow substantially in the coming years. Given the current product quality and the maturity in Value Added Services provided by the Cable TV companies‚ the basis for purchasing decisions seems to be changing. Given the current market share that Augat has and situation‚ it will be of at most importance to penetrate one or more of the multiple service operators (MSOs) that dominate the
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Eleven locations should price gas 7 cents less than that of competitors. As of today gas prices in Palm Beach County range from 3.83‐3.92 a gallon. A 7‐ cent reduction would mean 3.76 in the less expensive locations. The average mark up on gas over the last 5 years has been 15 cents (cost 3.68 a gallon for us). In 2009 the average gas station sold 4‚000 gallons of fuel per day per day. At today’s price‚ that equals $600 a day per gallon. If the company takes 7 cents off price per gallon‚ gas
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The Marketing Mix and the Four P’s The marketing mix is what most marketing people call "the 4 P’s" and it consists of Product‚ Price‚ Place‚ and Promotion. "Some people will increase the marketing mix to the "five P’s"‚ to include people. Others will increase the mix to "Seven Ps"‚ to include physical evidence (such as uniforms‚ or facilities) and process (i.e. the whole customer experience e.g. a visit to Disney World)" (Marketing Teacher‚ 2000). The marketing mix is a very important aspect
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since 1990. Median income of a family of three was $37‚800 and median household income was $31‚046. Springfield Nor’easters would need to bring die-hard sports fans that are tired of driving to Boston at a fraction of the price. With a declining economy reasonable ticket prices would be ideal for the community. The task of Larry Buckingham‚ marketing director for Nor’easters‚ is to sell Nor’easters residents on the baseball experience. Buckingham’s strength is that he has experience in entertainment
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