Accents associates sells only one product, with a current selling price of $70 per unit. variable costs are 40% of this selling price, and fixed costs are $12,000 per month. management has decided to reduce the selling price to $65 per unit in an effort to increase sales. assume that the cost of the product and fixed operating expenses are not changed by this reduction in selling price. at the current selling price of $70 per unit, the contribution margin ratio is:
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Business, 21.06.2019 16:30, pattydixon6
Suppose the number of firms you compete with has recently increased. you estimated that as a result of the increased competition, the demand elasticity has increased from β2 to β3 (i. e., you face more elastic demand). you are currently charging $10 for your product. what is the price that you should charge if demand elasticity is -3?
Answers: 3
Business, 22.06.2019 10:00, annafellows
Cynthia is a hospitality worker in the lodging industry who prefers to cater to small groups of people. she might want to open a
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Business, 22.06.2019 20:30, maguilarz2005
Contrast two economies that transitioned to capitalism and explain what factors affected the ease kf their transition as welas the βfaceβ of capitalism that each has adopted
Answers: 2
Business, 22.06.2019 21:50, preguntassimples
Assume that (i) setups need to be completed first; (ii) a setup can only start once the batch has arrived at the resource, and (iii) all flow units of a batch need to be processed at a resource before any of the units of the batch can be moved to the next resource. process step 1 molding 2 painting 3 dressing setup time 15 min. 30 min. no setup processing time 0.25 min./unit 0.15 min./unit 0.30 min./unit which batch size would minimize inventory without decreasing the process capacity?
Answers: 1
Accents associates sells only one product, with a current selling price of $70 per unit. variable co...
Law, 07.11.2019 06:31