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What is mass merchandising?
i dont get what mass merchandising is :)
What is best retail merchandising?
fashion merchandising
What is the difference between retailing and merchandising?
what is the diference between merchandising and retailing
What is difference between merchandising and visual merchandising?
Let me give you my little understanding about his two subjects. Merchandising is also called merchandise planning while visual merchandising is the art of implementing effective design ideas.
What is deference between merchandiser and merchandising?
A merchandiser is the person who does the job. Merchandising is the action.
What are the following assets MUST a merchandising company have for daily operations?
Merchandising Inventory
How does income measurement differ between a merchandising company?
As you can see, in merchandising companies we have more special components of revenues and expenses than service companies. Besides, merchandising have two different systems periodic inventory system and perpetual inventory system. Each system has own way to count goods.
How do components of revenue and expenses differ between a merchandising company and a service enterprise?
Merchandising Companies purchase and sell directly and is ordinarily longer than a service company because of the inventory and its eventual sale lengthen the cycle, which differ merchandising and service companies.
1 In comparing the accounts of a merchandising company with those of a service company what additional accounts would the merchandising company likely use assuming it employs a perpetual inventory?
Cost of goods sold and Gross profit
What is over the counter sale?
Over-the-counter indicates to me that this is a type of Merchandising business. The accounting is really Merchandising Accounting. Accounts such as Revenue, Cost of Goods Sold, Inventory, all come into play. Merchandising company's also use such things as FIFO or LIFO inventory to keep track of the merchandise they are selling. Some examples of a Merchandising Company is Wal-Mart, Fry's Electronics, Grocery Stores, Clothing Stores, etc. These companies purchase "Inventory" at whole-sale prices, mark up the price to Retail, sales the merchandise and make profit off the difference. Whole-Sale price would be the COGS (cost of goods sold).
What costs are inventoriable under GAAP for service organisation merchandising businesses and manufacturing businesses?
service - none merchandising - freight costs, closing inventory manufacturing - direct material, direct labor, freight cost, manufacturing overhead
What is Accounting for over-the-counter sales?
Over-the-counter indicates to me that this is a type of Merchandising business. The accounting is really Merchandising Accounting. Accounts such as Revenue, Cost of Goods Sold, Inventory, all come into play. Merchandising company's also use such things as FIFO or LIFO inventory to keep track of the merchandise they are selling. Some examples of a Merchandising Company is Wal-Mart, Fry's Electronics, Grocery Stores, Clothing Stores, etc. These companies purchase "Inventory" at whole-sale prices, mark up the price to Retail, sales the merchandise and make profit off the difference. Whole-Sale price would be the COGS (cost of goods sold).
What is purchase cost?
Purchase cost is the cost of inventory in case of manufacturing company and cost or goods for resale purpose in case of merchandising company.
How do you do a budgeted income statement for a merchandising firm?
To do a budgeted income statement for a merchandising firm you will need to look over their sales budget and cash budget. You will also need to prepare a finished goods inventory and come up with an administrative expense budget.?æ
What is the operating cycle of a merchandising company?
The normal operating cycle of a service company includes the following steps : 1. Perform services. 2. Accounts Recievable 3. Get cash There are no goods involved. Only a service has to be performed, thus no dependencies from suppliers etc. The operating cycle of a merchandising company has some additional steps 1.Buy inventory 2. Sell inventory 3. Accounts recievable 4. Get cash The goods have to be ordered from suppliers of wholesalers and stored. Then goods from inventory are sold.
Advantages of visual merchandising?
Visual Merchandising allows your product to be seen in its best possible way. VM increases perceived value of any given product and instantly suggests "go-with" items to a customer. Visual merchandising is known to increase sales, units/$ per transaction, and inventory turns. Proper visual merchandising will also draw more customers into your store and make them want to return sooner due to an easy and enjoyable shopping experience.
What are the type of merchandising in retail industry?
what are the types of merchandising what are the types of merchandising
