Peer-reviewed publications

 

 

Read peer-reviewed publications, write a minimum of three (3) pages of high quality well-written APA formatted standard about the following scenario.(see attachments ) Please keep in mind that this assignment is quantitative, therefore do not forget to use the figures and charts.

Information for the Hi-Test company’s production process for September follows. Assume that all materials are added at the beginning of this production process, and that conversion costs are added uniformly throughout the process.\

see the form in the attachment

Compute each of the following.

The number of equivalent units for materials for the month.

The number of equivalent units for conversion for the month.

The variable cost per equivalent unit of materials for the month.

The variable cost per equivalent unit for conversion for the month.

The total variable cost of goods transferred out.

The total variable cost of ending work in process inventory.

 

Sample Solution

Journal editors and other professional scholars critically analyze the quality and scientific worth of the article and its research in peer-reviewed journal publications. The peer-reviewed literature publishes articles that pass this process. Scholars who have collected their own data utilizing an experimental study design, survey, or other study methodology may publish their findings in peer-reviewed publications. They also feature the work of scholars who have conducted unique studies of existing data sources, such as those discussed in this section.
Academic databases provide access to peer-reviewed material and allow users to conduct searches across various periodicals.

oses. Here is how Krave performs with respect to its competitors’ products comprising Nestle Nesquik, Nestle Choco Shreddies, Tesco Choco Pillows and Weetabix Chocolate. (Figure 4) (Media, 2020). Figure 4 An interesting side note, we observed that Tesco, while a major market retailer for distribution of Kellogg’s Krave also houses a product that is near equal in terms of taste and design of product called Tesco’s Choco Pillows. Even the price is 50 % of the Krave brand. While there was insufficient data to find the user consumption in the UK, it is important to point out possible in-store competition within Tesco Stores for Krave. Krave is distributed in the UK, US, France, Germany, Ireland, Italy and India. It was introduced in the UK and Ireland in 2010. It was introduced in France and Germany as ‘Tresor’ in 2010. It was introduced in the US in 2012. It was introduced in India as ‘Kellogg’s Choco Fills” in 2017. Figure 5 Figure 5 is a graph about the penetration of Krave across various markets. An interesting point to note was that even within the European market, Krave was very popular in France. A possible approach was to discern the reasons behind this and deconstruct what we could adapt for the UK/I market. Consumer Trends A significant impact of Covid 19 on the breakfast cereal industry within the UK are a diversification of consumer consumption patterns into two broad categories. One segment has prioritized healthier breakfasts (Ex. Kellogg’s Fruit & Fibre) while the other has doubled down on more indulgent and unhealthier options for breakfast (Ex. Kellogg’s Crunchy Nut). (Weinbren, 2020). Some significant statistics from a 2019 survey among the UK population shows their current attitudes towards food. (Statista, 2019) 1. 27.48% of respondents prioritize the nutritional information while 26.79% prioritize the ingredients involved in their cereals. 2. 40.42% of respondents eat a healthy and balanced diet “very often”, while 10.1% eat it “always”, thus showing a huge preference for healthy food. Also, on looking at the data supplied by Kellogg’s on Krave (Figure 6) we segmented the current Krave consumers into the following. Table 1 Precautions: Though children cover a huge part of the market, we have to take major precautions to not advertise to children below 12 years as it violates Kellogg’s policies. In essence, the major players who influence the purchasing of Krave cereals is teenagers (15+) and parents (20 – 34). Further on we shall be designing our marketing efforts to increase purchase behaviour among both these segments.

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