first allocated half of the $33 million purchase price ($16.5 million) to the recreation complex under the assumption that the $100 million recreation expenditures plus ½ of the $100 million land expenditures were related to the recreation complex. Next‚ I allocated $10‚000 to each of the 500 finished lots ($5 million total)‚ since that was the stated cost to complete each unfinished lot. This left $11.5 million of the $33 million purchase price to still be allocated ($33 - $16.5 - $5). I divided
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Abstract: The purpose of this assignment is to decide the marketing plan for the Warner Brothers’ Justice League two video games that will launch to market in the summer of 2013 with the movie at the same time. And we will utilize the marketing mix theory to analyze traits of our product and to determine the pricing strategy‚ the promotion plan and so on… Product: Due to our target customer mainly young children and teenage‚ but they have different tastes of game type‚ if the game is too difficult
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Everything ’s £1!".[15] By having a set price for all of their stock‚ the company avoids the need to transmit pricing information to each store as well as the need to associate individual price tags with each item.[25] Although the retailer encountered apprehension from some manufacturers worried about selling their brands in a discount environment‚ the store offers the alternative of selling the products under their own in-house brand.[25] Running a store in which prices do not change presents challenges
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insufficiency of their income made them to become wiser when purchasing the products. Some preferred to choose products with affordable prices while others stick to their loyalty to a specific brand. Practically‚ the Filipinos also prioritize their basic necessities than purchasing other unimportant products and they also look for more affordable alternatives. For example‚ if the price of rice increased and a certain Filipino citizen cannot afford to purchase it‚ he will switch to the best alternative which
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most managers insist on fully allocating all costs to products‚ customers‚ and other costing objects in an activity-based costing system. This results in overstated costs. More accurate product costs may result in increasing the selling prices of some products. 3. Matt Company uses activity-based costing. The company has two products: A and B. The annual production and sales of Product A is 8‚000 units and of Product B is 6‚000 units. There are three activity cost pools‚ with total
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had experienced. Therefore‚ they moved too slow and missed the opportunity to change or adapt themselves to the external trend or a better opportunity. 2. What trends in the external environment favored the pursuit of the Chevy Volt project? Gas price was increasing sharply because of growing demand in developed countries including China and India Global Warming become a significant concern so people trend to use the car which produce less Carbon Dioxide. The cost of Manufacturing lithium ion batteries
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amount of tea (in kg) sold‚ if the total loss incurred is Rs 80. 5. By selling an article for Rs 960‚ a man incurs a loss of 4%. At what price should he sell the article to gain 16%. 6. A person bought 20 chairs for Rs 12000 and sold them at a profit equal to the SP of 4 chairs. Find the SP of each chair. 7. The cost price of 25 books is equal to the selling price of 20 books. Find the profit percentage. 8. A colour TV and a VCR were sold for Rs 12000 each. The TV was sold at a loss of 20% whereas
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integrating target costing with QFD and VE techniques is highly effective on managing the costs of product and overall production process. Introduction / Motivation In today’s world‚ customers demand increased functionality and quality with lower prices. Therefore‚ standard cost minimization or reduction techniques are not sufficient to satisfy this demand because they do not take quality and functionality demands into consideration. Target costing differs from other conventional cost reduction
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circulated outside the staff who work at the address to which it is sent. An order for additional copies at reduced rates constitutes an undertaking by the subscriber that such copies will not be exported or distributed so as to avoid taking full price subscriptions elsewhere without prior agreement with the publisher. Printed reports are subject to the Copyright‚ Designs and Patents Act 1988 (CDPA). Please note‚ the Fair Dealing provisions of the CDPA do not allow copying of any part of printed
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1. Q1-1) What price would you charge for the Cumberland pad? According to the six stages of setting price‚ ①we have to select the pricing objective. Since Cumberland is in the level of introducing CMI‚ they have to pursue product-quality leadership which is to offer “affordable luxuries” for now and consider about maximizing profit later. ②The second stage is to determine demand. So‚ Cumberland has to consider consumers’ price sensitivity - in this case sensitive to quality. Therefore‚ we should
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