Gross profit per square foot is utilized by a supermarket owner to assign space among merchandise assortments within a department. Larger amounts of space go to the product categories and brands with the highest profitability per square foot
This retailer determines space needs by _____.
a. the sales–productivity ratio
b. market segment product groupings
c. the model stock approach
d. the law of diminishing returns
a
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Arabica Manufacturing uses a predetermined overhead allocation rate based on the number of machine hours. At the beginning of the year, it estimated total manufacturing overhead costs to be $1,050,000, total number of direct labor hours to be 4000, and total number of machine hours to be 20,000 hours. What was the predetermined overhead allocation rate? (Round your answer to the nearest cent.)
A) $262.50 per machine hour B) $43.75 per direct labor hour C) $52.50 per machine hour D) $65.63 per direct labor hour
Why do people form groups? How do teams differ to groups, and what are some of the major problems associated with teamwork? How can such problems be minimized?
What will be an ideal response?
In preparing the statement of cash flows by the indirect method, increases in noncash current assets are subtracted from net income.
Answer the following statement true (T) or false (F)
Cultural traits can make a package design successful in one country and a failure in another.
Answer the following statement true (T) or false (F)