YellowLabel is an app that promotes and allows users to purchase discounted items, preventing supermarket food waste.
Purchasing is the act of acquiring goods or services in exchange for money or other forms of payment. The process of purchasing involves several steps, including identifying the need for a product or service, researching options, evaluating prices and quality, negotiating terms, and completing the transaction. In a business context, purchasing is often carried out by procurement departments, who are responsible for sourcing goods and services for the organization. Effective purchasing strategies involve careful planning and analysis, including forecasting demand, identifying potential suppliers, and establishing criteria for evaluating products and services. In addition to traditional purchasing methods, such as in-person transactions or phone orders, e-commerce has made it easier for consumers and business to make purchases online through websites or mobile apps.
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what function is part of the marketing process?
Promotion is part of the marketing process.
The marketing process is a series of activities that organizations undertake to identify and satisfy customer needs. It involves several key functions, including market research, product development, pricing, distribution, and promotion.
Promotion is a critical part of the marketing process, as it is the way in which organizations communicate with their customers and potential customers about their products and services. Promotion can take many forms, including advertising, sales promotions, personal selling, and public relations.
The goal of promotion is to create awareness and interest in the organization's products or services, and to persuade customers to make a purchase. Promotion can also help to build and maintain the organization's brand and reputation, and to differentiate its products or services from those of its competitors.
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--The question is incomplete, answering to the question below--
"Which function is part of the marketing process?
A) Finance
B) Human resources
C) Production
D) Promotion"
in 2018, online retail sales reached over $517 , or approximately percent of all retail sales.
Around $517 billion, or roughly 14% of all retail sales, were made online in 2018.
Is there an expansion of the online retail sectorIt is anticipated that by 2023, global e-commerce will expand by 10.4%, reaching $6.3 trillion in worldwide sales. This represents a 0.7 percentage point improvement above the growth rate for 2022, which came after a sharp decline for 2021.
How has retail evolved over the past ten years?Consumer power was substantially lessened ten years ago. Reviews and ratings on the internet today have the capacity to make or break brands and products, firmly placing the power in the hands of users and buyers. The online world is being used by consumers to research purchases they will make in the actual world.
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The following question is incomplete the complete question is asd follows:In 2018, online retail sales reached over $517_________, or approximately __________ percent of all retail sales.
In october 2005, the u.s. fish and wildlife service banned the importation of beluga caviar, the most prized of caviars, from the caspian sea. what happened in the market for caviar in the united states?
The ban on the importation of beluga caviar from the Caspian Sea by the US Fish and Wildlife Service would have likely resulted in the following ways 1) reduced the supply of beluga caviar in the US market. 2) the ban on beluga caviar may have led to increased demand for other types of caviar. 3) ban on beluga caviar may have also led to a shift in the market towards the production and sale of domestic caviar
The ban on the importation of beluga caviar from the Caspian Sea by the US Fish and Wildlife Service in October 2005 would have likely resulted in several market effects in the United States.
Firstly, the ban would have reduced the supply of beluga caviar in the US market, as it was no longer being imported from the Caspian Sea. This reduction in supply could have led to an increase in the price of beluga caviar in the US market, as consumers would still demand it but there was less of it available.
Secondly, the ban on beluga caviar from the Caspian Sea may have led to increased demand for other types of caviar that were not subject to the ban. This substitution effect could have increased the prices of these substitute caviars as well.
Lastly, the ban on beluga caviar may have also led to a shift in the market towards the production and sale of domestic caviar. Domestic caviar producers may have seen an increase in demand for their products as a result of the ban on imported beluga caviar.
Overall, the ban on the importation of beluga caviar from the Caspian Sea by the US Fish and Wildlife Service in October 2005 would have likely led to changes in the supply, demand, and prices of caviar in the United States.
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An oil company refines crude oil valued at $62/barrel and sells it to motorists at its retail outlets. The price is $2. 90/u. S. Gallon ($0. 77/l). On a per unit basis (e. G. , per gallon or per liter), by what percentage has the price increased going from crude oil before refining to final sale to the motorist?
The percentage has the price increased going from crude oil before refining to final sale to the motorist will be approximately 95.95%.
To calculate the percentage increase in price from crude oil to final sale to the motorist, we need to compare the difference in price between the two stages as a percentage of the original price.
First, let's convert the price of crude oil from $62/barrel to a price per gallon.
One barrel is equal to 42 US gallons, so the price per gallon of crude oil is:
$62/42 gal = $1.48/gal
Next, let's calculate the difference in price between crude oil and the final sale price to the motorist.
Final sale price per gallon: $2.90/gal
Price per gallon of crude oil: $1.48/gal
Difference: $2.90/gal - $1.48/gal = $1.42/gal
To express the percentage increase in price, we can use the formula:
Percentage increase = (difference/original price) x 100
In this case, the original price is $1.48/gal.
Percentage increase = ($1.42/$1.48) x 100 = 95.95%
So the price has increased by approximately 95.95% from crude oil before refining to final sale to the motorist on a per unit basis.
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why does the price of roses increase in the days leading up to valentine’s day?A) demand was increasedB) demand was decreasedC) not both of all
The price of roses increased in the days leading up to valentine’s day because demand increased. Option A.
Demand in economics refers to a consumer's willingness to pay a particular price for products and services as well as their desire to buy them. Demand for a product or service typically declines when its price goes up. The quantity requested will rise when a product's price drops, in a similar manner.
Consumers and businesses are very acquainted with the idea of demand because it makes sense and happens naturally throughout the course of almost any day. For instance, when a product's price is low, shoppers who are keeping an eye on it will purchase more of it.
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9) net investment is equal to: a) the change in the stock of capital b) gross investment plus depreciation c) replacement investment d) the change in the capital stock plus gross investment
Net investment is equal to gross investment plus depreciation. The correct option is b.
What is net investment equal to?Net investment is the total amount of money spent by a company on capital assets less the cost of depreciation on those assets. This figure represents the actual expenditure on durable goods used in the company's operations, such as plants, equipment, and software.
Gross investment is the total amount of investment in new capital goods, such as buildings, equipment, and software, that is made in a given period. Depreciation, on the other hand, refers to the decrease in the value of existing capital goods over time due to wear and tear, obsolescence, or other factors.
Net investment, therefore, is the amount by which the stock of capital increases in a given period, after accounting for the decrease in the value of existing capital goods due to depreciation.
Thus, the ideal selection is option b.
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a car retailer who sells 750 cars last year keeps on an average 50 cars in his/her show room. what is the inventory turnover ratio last year. assume the cost of all cars in the show room are same.
Below is the basic equation. Cost of Goods Sold divided by Average Inventory Value is the c turnover ratio.
(Sum of Inventory Values for Time Period / Number of Values) Equals Average Inventory Value.
Days' Sales of Inventory = 365 / Turnover Ratio of Inventory.
Finding your inventory turnover is a simple math problem because it is expressed as a ratio.
In other words, it's the number of times you would need to buy the normal inventory you keep each year. The ratio is typically used to assist you determine how often your inventory fully turns over in a year. Below is the basic equation. Average Inventory Value / Cost of Items Sold is the inventory turnover ratio.
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dividing the market into segments according to when buyers get the idea to buy actually make their purchases or use the purchased intems is called segmentation. True or False?
Market segmentation is a technique used in marketing that involves breaking up a large consumer or corporate market into smaller groups of consumers based on shared traits.
Often, this procedure involves existing and future clients. Researchers frequently look for related traits when they divide or segment markets, such as similar requirements, interests, lifestyles, or even demographic profiles. The overall goal of segmentation is to find high yield segments—those that are most likely to be lucrative or to have room for expansion—so that these can be chosen for special attention. There are numerous approaches for segmenting a market. While business-to-consumer sellers may divide the market into demographic groups based on factors like lifestyle, business-to-business vendors may divide the market into various sorts of businesses or nations.
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what indviduals/groups decide what is produced in a market system A. Company B. Consumers C. Distributors
In a market system, what is produced is determined by the interaction of several groups of individuals and organizations, including companies, consumers, and distributors. Correct option is D.
Firstly, companies decide what to produce based on their assessment of consumer demand and their own production capabilities. They consider factors such as market trends, competitor offerings, and their own expertise and resources to determine what products or services to offer.
Secondly, consumers have a significant influence on what is produced in a market system. They express their preferences and needs through their purchasing decisions, and companies respond by producing goods and services that meet their demands.
Consumer feedback and reviews also help companies to improve their offerings and develop new products.
Finally, distributors play a crucial role in the market system by facilitating the flow of goods and services between producers and consumers. They help to determine what products are available to consumers by selecting which products to stock and distribute.
In conclusion, what is produced in a market system is the result of the interaction between companies, consumers, and distributors. Companies assess demand and produce goods and services that meet consumer needs, while consumers express their preferences through their purchasing decisions.
Distributors help to facilitate this process by connecting producers with consumers. Ultimately, the market system operates through the interplay of these groups, with each contributing to the determination of what is produced. So, the correct option is D (all of the above).
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Complete question is:
What individuals /groups decide what is produced in a market system
A. Company
B. Consumers
C. Distributors
D. All of the above.
How is enterprise value calculated?
Enterprise value is calculated by adding the market value of a company's equity, outstanding debt, and any other long-term liabilities, and then subtracting the cash and cash equivalents held by the company.
Enterprise value (EV) is a measure of a company's total value and is used in financial analysis to determine the overall worth of a business.
The formula for enterprise value is:
EV = Market value of equity + Total debt and long-term liabilities - Cash and cash equivalents
The market value of equity is calculated by multiplying the current market price per share by the total number of outstanding shares. The total debt and long-term liabilities include any loans or other debts owed by the company, such as bonds, bank loans, and other long-term obligations.
Cash and cash equivalents include the money held in checking and savings accounts, short-term investments, and any other liquid assets that the company has available.
By calculating enterprise value, investors and analysts can get a more accurate picture of a company's overall value and its ability to generate cash flow. This is important when evaluating potential investments, mergers and acquisitions, or other financial decisions.
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realized income items that taxpayers permanently omit from income are referred to as , while items that are taxed in a subsequent year are called
Answer:
Realized income items that taxpayers permanently omit from income are referred to as exclusions, while items that are taxed in a subsequent year are called deferrals.
Espinoza is sixteen, but looks much older. She purchases a diamond bracelet, but decides nine months later that it was unwise to spend the money, so she: a. can return the bracelet, but will only receive 50 percent of what she paid for it. b. can disaffirm this contract only if she has turned 18. c. can return the bracelet and get all of her money back
In this scenario, Espinoza is a minor who purchased a diamond bracelet. Generally, minors are considered to lack the legal capacity to enter into a binding contract. Here option B is the correct answer.
They have the right to disaffirm or void a contract they entered into. The exception to this rule is when the contract is for necessities like food, clothing, or shelter.
In this case, Espinoza is within her right to disaffirm or void the contract since she is a minor. As a result, she can return the bracelet and get all of her money back. The seller cannot keep any part of the payment or impose a restocking fee.
This is because minors are not held to the same legal standard as adults when it comes to entering into contracts, and the law recognizes the need to protect them from unscrupulous dealings that may exploit their lack of maturity or experience.
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HELPPPPPPPPPPPPPP its really important
The steps can be found below
What is The Marketing Research Process?Step 1: Defining the Problem
The problem we are facing is identifying the potential customers for our new e-commerce company, which sells accessories for personal MP3 players. We need to determine the size of the market, identify the target audience, and understand the competition to establish a unique value proposition for our business.
Step 2: Conducting Research
We will conduct primary research by surveying potential customers and analyzing their preferences for MP3 player accessories, including what types of products they are looking for, how much they are willing to pay, and which brands they trust. We will also conduct secondary research by analyzing data from online marketplaces, such as Amazon and eBay, and researching our competitors' products, prices, and marketing strategies.
Step 3: Analyzing Data
Based on the data we collect, we will create a customer profile that includes demographics, psychographics, and behaviors. This will help us better understand our target audience and their preferences. We will also analyze the data to identify trends and opportunities in the market and to identify any gaps in our competitors' offerings.
Step 4: Developing a Plan
Based on the insights we gain from our research, we will develop a marketing plan that focuses on targeting our identified customer segments, creating a unique value proposition, and establishing a strong online presence. This plan will include strategies for pricing, product promotion, and distribution. We will also identify key performance indicators and establish a system for tracking and evaluating the success of our marketing efforts.
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What are the highest and the lowest priced commodities in matrixville? list the inhabitants of this charming town in order of increasing income. If our friend bob makes $40,000 per year, what are the incomes for the rest of the inhabitants? with all the moonshine that bob drinks, do you think he will live long enough to enjoy his good life?
With all the moonshine Bob consumes, his health will suffer and he will not be able to live a happy life. The other residents will receive the quantity according to the ratio determined by the organisation.
It illustrates how your business is using its resources and paying for its expenses in order to generate profits. Because it demonstrates how well the organisation is doing, the profitability ratio should be as high as it can be. Among the profitability ratios, profit margin and return on assets and equity are two examples. Ratio analysis looks at line-item data from a company's balance sheet to provide insights on profitability, liquidity, operational performance, and solvency. Ratio analysis enables you to compare businesses within the same industry or market and follow the evolution of one particular business.
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Where is American Management Association?
American Management Association is based in New York City, United States.
Based in New York City, the American Management Association (AMA) is a non-profit educational membership organisation dedicated to the advancement of management in America. Along with having a main office there, it also has regional offices all around the world. The National Association of Corporate Schools and other organisations.
To be the premier organisation in the world, offering a wide range of high-quality management development and educational services that have been well thought out to benefit people, businesses, and society at large.
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The threat posed by the suppliers of businesses is low when the suppliers' industry is dominated by small number of firms. True or false?
The correct option is false.when the threat posed by the supplier of businesses is low when the suppliers industry is dominated by small number of firms.
The number of enterprises in the supplier's sedulity is just one of multitudinous factors that can affect their dealing power.However, they may be suitable to charge advanced prices or offer less favorable terms because the business has numerous options, adding the trouble they pose, If there are only a numerous suppliers of a critical input for a business.
On the other hand, if there are multitudinous suppliers in an sedulity and they are all contending for business, this could reduce their bargain power and therefore drop the trouble they pose to a business.
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the three-business-day right of rescission that is provided by regulation z of the truth in lending act does not apply to
The majority of non-bank entities are subject to TILA enforcement and Regulation Z's implementation by the FTC. policy creation, as well as business and consumer education (all relating to the topics covered by Regulation Z, including the advertisement, extension, and certain other aspects of consumer credit).
Mortgages, home equity loans, home equity lines of credit, credit cards, installment loans, and private student loans are all covered by the law. By mandating prompt disclosure of a credit card's expenses, the TILA encourages the educated use of consumer credit. Additionally, it has substantive clauses that cover things like the consumer's ability to cancel certain mortgage loans and the prompt resolution of billing issues. Except for the guidelines for credit card issuing and liability for unauthorized use, Regulation Z does not apply.
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Senlo Co., which uses a one-year operating cycle, recognized profits for both financial statement and tax purposes during its two years of operation. depreciation for tax purposes exceeded depreciation for financial statement purposes in each year. These temporary differences are expected to reverse in Years 3, 4, and . At the end of Year 2, the deferred tax liability shown as a non-current liability based on the _____________?
At the end of Year 2, the deferred tax liability shown as a non-current liability on Senlo Co.'s balance sheet should be based on the temporary differences between the tax and financial accounting treatment of its profits and depreciation expenses.
There are no transient variances in earnings that would cause deferred tax obligations as Senlo Co. recorded gains for financial statement and tax purposes in Years 1 and 2.
Senlo Co. would have recognised smaller profits for tax reasons than for financial statement purposes, nevertheless, because depreciation for tax purposes outweighed depreciation for financial statement purposes in each year. The larger profits reported for financial statement purposes will eventually be taxed in future periods when the tax depreciation catches up to the financial statement depreciation, causing a temporary discrepancy that results in a deferred tax obligation.
As a result, at the conclusion of Year 2, Senlo Co.'s balance sheet's non-current obligation for deferred taxes should be based on transitory differences.
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At the end of Year 2, the deferred tax liability shown as a non-current liability on Senlo Co.'s balance sheet should be based on the temporary differences between the tax and financial accounting treatment of its profits and depreciation expenses.
There are no transient variances in earnings that would cause deferred tax obligations as Senlo Co. recorded gains for financial statement and tax purposes in Years 1 and 2.
Senlo Co. would have recognised smaller profits for tax reasons than for financial statement purposes, nevertheless, because depreciation for tax purposes outweighed depreciation for financial statement purposes in each year. The larger profits reported for financial statement purposes will eventually be taxed in future periods when the tax depreciation catches up to the financial statement depreciation, causing a temporary discrepancy that results in a deferred tax obligation.
As a result, at the conclusion of Year 2, Senlo Co.'s balance sheet's non-current obligation for deferred taxes should be based on transitory differences.
Financial statements are reports that provide information about the financial position, performance, and cash flows of a company. These statements are prepared at the end of each accounting period and include the balance sheet, income statement, and cash flow statement. They are used by investors, creditors, and other stakeholders to evaluate a company's financial health and make informed decisions.
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The government decides to implement a tax on turnips. what will be the effect on the turnip market?
Answer: The demand for Turnips will go down as with an increased tax, More people will decide not to get them as well as prices. The buisness that grows them may charge more as they have to pay taxes on them too.
Explanation:
Separation of duties and E-commerce controls are examples of ______ controls.
Answer: Preventive
Explanation:
Which characteristic is most important for the Urban Commuter segment?
a. Capacity
b. Comfort
c. Durability
d. Waterproof
e. Eco-friendly
The characteristic which is most important for the Urban Commuter segment is Comfort. Option (B) is correct.
What is Urban Commute?The urban commute, or the everyday use of autos and other means of transportation by city dwellers, has grown to be one of the most energy- and pollution-intensive activities, making it difficult to stop and reverse the trends in emissions and energy use.
Market segmentation aims to assist organizations in comprehending the many customer segments that make up their market. Marketers may successfully target the segments that are most useful to their organization by combining people with similar traits and features.
Therefore, Option (B) is correct.
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does superdry have one or more capabilities that are valuable, rare, costly to imitate, and nonsubstitutable? if so, what are they? if not, on which criteria do they fall short?
The capability that Superdry has that is both costly to imitate and valuable is to ignite the brand's image or brand value.
What do you mean by the brand value?A good way to visualize brand value definition is the value of a brand in the eyes of its consumers - after all, it is their opinion that counts the most.
Your brand's identity, message, and personality are determined by its brand values. These brand principles guide the narrative, actions, behaviors, and decision-making processes.
Here, Company has several abilities that are difficult for competitors to replicate, such as brand value, competitiveness, ethnic culture connection, and customer brand loyalty. However, there are some areas where the company's ability falls short, such as its connection with the younger generation.
Therefore, the capability that Superdry has that is both costly to imitate and valuable is to ignite the brand's image or brand value.
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you and a co-writer have written a platinum-selling song on the florida georgia line's last album. the song was less than 5 minutes long and was licensed under the controlled composition clause. brian kelley and tyler hubbard of the group own 25% of the music publishing share, their label owns 25% of the publishing share, and you own 25% of the music publishing share. the song became a number one top country radio hit in the united states and earned $500,000 in royalties. a movie company pays $70,000 for the right to use the song in the opening and closing credits of a new tom hanks movie. honda pays $100,000 for the right to use the song in a t.v. commercial. then they added another $100,000 to use the song's original recording in a t.v. commercial. what type of deal is this?
The deal described is a music publishing deal, specifically a controlled composition clause deal.
What type of deal is this?The deal described is a music publishing deal, This is because the song was licensed under a controlled composition clause, which is a contractual provision that limits the amount of royalties that can be earned by the songwriters for songs that are performed by artists who are signed to the same label as the songwriter. In this case, the song was performed by Florida Georgia Line, who are signed to the same label as the songwriter.
The song earned $500,000 in royalties, which means that the total publishing share earned by the songwriters was $375,000 (75% of $500,000). Each of the three parties involved in the music publishing share owned a 25% share, which means that the songwriter earned $93,750 from the song's success on the radio.
The use of the song in the opening and closing credits of a Tom Hanks movie earned $70,000, while the use of the song in a Honda TV commercial earned $100,000. The additional $100,000 for using the song's original recording in a TV commercial is a synchronization fee.
Overall, the songwriter earned $263,750 ($93,750 in royalties and $170,000 in synchronization fees) from the success of the song.
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the nominal interest rate on a risk-free investment is approximately equal to the sum of the real rate of interest plus an inflation premium. true/false
'The nominal interest rate on a risk-free investment is approximately equal to the sum of the real rate of interest plus an inflation premium. True.
Interest rates act as a stand-in for the expense of borrowing as well as the return on savings and investments. They are shown as a share of the total debt or investment amount. They could be the overall return that lenders get from their loan portfolios or the return that people get on their savings and investments.
Real or nominal interest rates may be used to express them. Nominal interest rates are the sum of real interest rates and the anticipated rate of inflation. Real interest rates reflect both the true expense of borrowing money for the borrower and the true return on investment for the lender or investor.
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What is a money market account simple definition?
A money market account is a type of deposit account that typically offers higher interest rates than traditional savings accounts.
These accounts are offered by banks and credit unions and require a minimum balance to be maintained. The interest rate on a money market account is variable and is based on the current market rates. Money market accounts are considered to be low-risk investments because they are insured by the FDIC or NCUA up to a certain amount, which provides added security for the account holder.
However, they are not the same as money market funds, which are investment products and are not insured by the government. Money market accounts are a good option for those who want to earn higher interest on their savings while still having easy access to their funds.
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Project management can be defined as planning, directing, and controlling resources to meet the technical, cost, and time constraints of the project.True or False
Answer:
True
Explanation:
Project management is defined as a collection of proven techniques for proposing, planning, implementing, managing, and evaluating projects, combined with the art of managing people. It is the application of knowledge, skills, tools, and techniques to a broad range of activities to meet the specified requirements of a particular project.
shortage definition economics
In economics, a shortage occurs when the demand for a product or service exceeds its supply in the market.
In other words, a shortage occurs when there is not enough of a particular good or service available to meet the quantity demanded at a given price.
A shortage can occur for various reasons, such as natural disasters, production disruptions, or sudden changes in consumer demand. When a shortage occurs, the price of the product or service may rise as buyers compete for the limited supply. The higher price may then act as an incentive for suppliers to produce more of the product, which can eventually help to resolve the shortage.
Shortages can have significant impacts on both consumers and producers. For consumers, shortages may lead to higher prices, reduced access to goods and services, and lower levels of satisfaction. For producers, shortages may create increased demand for their products, but they may also face higher costs of production, supply chain disruptions, and other challenges.
Overall, shortages are a natural consequence of market forces and can provide valuable information about the relative scarcity of certain goods and services, as well as the dynamics of supply and demand in the economy.
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Fill The Blank! ecosystem is the level of organization that is best described as including _____.
Ecosystem is the level of organization that is best described as including all the living things in an area interacting. An ecosystem is a place where plants, animals, and other organisms interact with the environment—including the climate, the landscape, and other elements—to create a bubble of life.
In ecosystems, biotic and abiotic factors—or nonliving elements—coexist. Healthy ecosystems keep our soil in good condition, purify the air, regulate the climate, recycle nutrients, and provide us with food. For the production of medicines and other items, they provide resources and raw materials. They are the backbone of all civilizations and the drivers of our economies. Biotic factors include plants, animals, and other living things. An ecosystem is a collection of living things in a particular area.
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How do you mitigate agency problems?
We can mitigate agency problems by not coinciding with the interests of their agents, agency difficulties occur, leading to conflict of interest and perhaps destructive action.
There are numerous methods to reduce agency issues:
Creating incentive-based pay arrangements, such as stock options, incentives, or profit-sharing programs, to ensure that the interests of agents and principals are aligned.Monitoring: Ensuring that the agents are operating in the best interests of the principals by routinely observing and evaluating their performance.Accountability: Setting up distinct lines of authority and accountability for the agents, along with fines or other repercussions for breaking their commitments.Information disclosure: Informing the principals in a clear and accurate manner about the acts and choices the agents have made.Checking that the company's board of directors is impartial, educated, and actively involved in monitoring the agents' behavior.Principals can improve the mutually beneficial relationship between them and their agents and reduce agency issues by putting these techniques into practice.
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auro Products distributes a single product, a woven basket whose selling price is $15 per unit and whose variable expense is $12 per unit. The company's monthly fixed expense is $4,200 Required: 1. Calculate the company's break-even point in unit sales. 2 Calculate the company's break-even point in dollar sales3. If the company's fixed expenses increase by $600, what would become the new break-even point in unit sales? In dollar sales? Answer is complete but not entirely correct. 1. Break-even point in unit sales 1,400 baskets2. Break-even point in dollar sales $ 21,0003. Break-even point in unit sales 4,200 baskets4. Break-even point in dollar sales $ 21,000
When the Fixed costs changes it's necessary to find a new break even point: -$ 4.800 for Annual Fixed Costs.
Calculate the break-even point of the company's unit sales. We need to sell 1,400 units.
Calculate the company's breakeven point in sales. You need to sell an amount of $21,000.
If the company's fixed costs increase by $600, what will be the break-even point for new unit sales?
With 1,400 units sold, the breakeven point for dollar sales is $24,000.
explanation:
The first break-even point indicates:
woven basket
Quantity 1,400
TOTAL Income Statement Unit
$21,000 Total Net Sales $15
-$16,800 variable cost -$12
$4,200 Contribution Margin $3
-$4,200 annual fixed cost
As your fixed costs change, you'll need to find a new break-even point.
TOTAL Income Statement Unit
$24,000 Total Net Sales $15
-$19,200 Variable cost -$12
$4,800 Contribution Margin $3
-$4,800 annual fixed cost
To know more about break-even point, here:
https://brainly.com/question/29063970
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