Schonhardt Corporation's relevant range of activity is 2,000 units to 6,000 units. When it produces and sells 4,000 units, its average costs per unit are as follows:

Average Cost per Unit Direct materials: $7.15
Direct labor: $3.40
Variable manufacturing overhead: $1.35
Fixed manufacturing overhead: $2.80
Fixed selling expense: $ 0.70
Fixed administrative expense: $0.40
Sales commissions: $0.50
Variable administrative expense: $0.40

If 5,000 units are produced, the total amount of fixed manufacturing cost incurred is closest to:

This activity is important because as a marketing manager, you must allocate resources to reach your target market. during the strategic marketing process, managers move through three important phases to determine how to optimally allocate resources: a planning phase, an implementation phase, and an evaluation phase. in this interactive exercise, you are asked to review various strategic marketing actions and determine where in the strategic marketing process the action would occur. the goal of this exercise is to demonstrate your understanding of the strategic marketing process and related marketing actions.