A movie studio has some costs it incurs even if it produces no movies at all in a given year. Think of these as the costs of having an office and studio staffed with the minimum staff. As a consultant, you have obtained data about the studio's production costs. Unfortunately, you do not know what the fixed costs are. What you do know is that, after the studio produced one movie last year, the studio's total cost equaled $48 million. After the studio produced its second movie last year, the studio's total cost equaled $ 96 million. Finally, after the studio produced its third movie last year, the studio's total cost equaled $156 million.
Part 1 :Given the information above, you would know with certainty that, last year, the firm's variable costs were greater than or equal to $ million million, but less than $ 47 255
Part 2 : Suppose that, speaking to some of the accountants involved in the production of the first movie, you find out that the marginal cost of producing the first movie was $45 million. The firm's variable costs of producing all three movies last year are then $ 111 million.
Answers: 3
Business, 22.06.2019 08:30, cyaransteenberg
Blank is the internal operation that arranges information resources to support business performance and outcomes
Answers: 2
Business, 22.06.2019 17:00, Ididntwanttomakethis
Aaron corporation, which has only one product, has provided the following data concerning its most recent month of operations: selling price $ 102 units in beginning inventory 0 units produced 4,900 units sold 4,260 units in ending inventory 640 variable costs per unit: direct materials $ 20 direct labor $ 41 variable manufacturing overhead $ 5 variable selling and administrative expense $ 4 fixed costs: fixed manufacturing overhead $ 64,200 fixed selling and administrative expense $ 2,900 the total contribution margin for the month under variable costing is:
Answers: 2
Business, 23.06.2019 00:40, briarkaltvedt
You are a team of marketing consultants. it is 2008 and the great recession has struck. one of your clients is whole foods market (sometimes known as whole paycheck). wfm has come to you and asked for strategic advice on how to adapt their product and pricing strategies in light of the economic downturn: 1. advise wfm on the various approaches that could be taken to reducing price. be sure to consider potential psychological impact of price reductions on wfm consumers. 2. based on the options outlined in part 1, recommend an approach and support with marketing theory.
Answers: 2
A movie studio has some costs it incurs even if it produces no movies at all in a given year. Think...
History, 20.10.2020 02:01
History, 20.10.2020 02:01
History, 20.10.2020 02:01
History, 20.10.2020 02:01
History, 20.10.2020 02:01
Spanish, 20.10.2020 02:01
History, 20.10.2020 02:01