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Use This Information for Question That Refer to the Yummy

question 98

Multiple Choice

Use this information for question that refer to the Yummy Ice Cream case. Kelly Stich, marketing manager for Yummy Ice Cream Products, is thinking about some of her products and her promotion plans for the coming year.
Yummy Ice Cream Products is introducing a new ice cream treat called PlanetSavers. This treat uses ice cream produced with environmentally friendly processes that save energy and protect the ozone. Yummy plans to send articles to magazines, local newspapers, and environmental groups that explain the environmentally safer treat. The product also has a unique texture and different flavor.
Stich wants to use counter cards and in-store signs to let people know about Cherry Walrus, the company's new flavor. She is also developing sales training materials that will teach ice cream scoopers in Yummy's ice cream stores to promote the product. Right after Cherry Walrus is introduced each store will also hand out coupons that are good for one day only.
Yummy Mondaes is a product that has been around for 25 years. It is Yummy's take on the classic ice cream sundae, but white-brownie and coffee-flavored crumbles are added to make it extra special. The company sells this product in one and two quart containers through major grocery store chains. It relies on personal selling and price discounts to retailers to move more of the product. The company does very little consumer promotion for this product.
Yummy Fudge on a Stick is a new product of fudge-flavored ice cream on a stick. Yummy plans to sell it through retail grocery stores also and is launching an aggressive advertising program that will use television, radio, newspaper, magazines, and the Internet. Most of its promotion will be directed at consumers.
Two years ago the company introduced Yummy Fruit on a Stick, an all-natural frozen fruit product on a stick. The product category has been popular, continues to grow, and is in the market growth stage of the product life cycle.
The plan for PlanetSavers emphasizes which element of the promotion blend?

Identify how activity rates are computed and applied in activity-based costing.

Recognize the impact of switching from traditional costing to activity-based costing on product costs.

Understand the difference in unit product costs calculation for external financial reports under activity-based costing.

Identify the types of activities (unit-level, batch-level, product-level, facility-level) in activity-based costing.

Definitions:

Erikson's Stages

A theory of psychosocial development that outlines eight stages from infancy to adulthood, each characterized by a specific conflict.

Integrity Versus Despair

A developmental stage proposed by Erik Erikson where older adults reflect on their life and either achieve a sense of fulfillment or experience despair over past regrets.

Life Meaningful

The significance or purpose one attributes to living, often related to personal fulfillment or contributing to others' lives.

Developmental Delay

A condition where a child does not achieve developmental milestones within the expected timeframes, affecting physical, social, or cognitive skills.