Petoskey Company produces three products: Alanson, Boyne, and Conway. A segmented income statement, with amounts given in thousands, follows: Alanson Воyne Conway Total Sales revenue $1,280 $185 $300 $1,765 Less: Variable expenses Contribution margin Less direct fixed expenses: Depreciation 1,115 45 225 1,385 $ 165 $140 $ 75 $ 380 50 15 10 75 Salaries 85 $ 40 95 80 260 Segment margin $ 20 $(15 $ 45

Hazlett & Family is organized into two geographic markets Northern and Southern. The company makes an off-road vehicle for recreation and agricultural use. The vehicle is sold in three models, depending on the power and options. The three models, from least expensive to most expensive, are the H-L, H-LX, and H-LXS. The company's financial staff has prepared the following forecasted income statement for the upcoming fiscal year (in thousands of dollars): Sales revenue Cost of goods sold Gross margin Marketing costs Administrative costs Total marketing and administrative Operating profits Total $ 59,400 46,050 $ 13,350 H-L H-LX H-LXS 4,875 2,421 $ 7,296 $ 6,054 Management has expressed special concern with the Southern market because of the extremely poor return on sales. This market was entered a year ago because it seemed like the best opportunity for growth. Hazlett & Family knew that it would take some time to build profitability in the market, but there has been no noticeable change…

Qw.33.

Please don't give image format

Which of the following are reasonable ways to deal with excess supply? (select ALL correct answers) reduce prices increase advertising use all available capacity to make the product with the highest CM per unit of capacity find special orders at a discounted price "fire" small customers

LO18.1: Understand how most wholesalers and retailers set their prices by using markups. LO18.2: Understand the advantages and disadvantages of average-cost pricing. LO18.3: Know how to use break-even analysis to evaluate possible prices. LO18.5: Understand other demand-oriented factors that influence price setting. Eleven-year-old Mallory is a budding entrepreneur. She is always coming up with new business ideas. In early summer 2018, her latest venture is a lemonade stand. Mallory is focused on making a high level of profits – she was saving for a new bike. Mallory is trying to develop a marketing strategy to help her achieve her goals. Last year Mallory helped a friend with a lemonade stand. This year she wants to run her own business. Her parents expect her to pay for almost everything related to her business. Her dad built her a small lemonade stand – and while he donated his time, he did ask for the $12 in materials needed to build the stand. Mallory had to purchase other…