The level of sales at the break-even point is calculated: a. Fixed costs/Unit contribution margin in % b. Variable costs/Fixed costs c. Sales/Gross margin in %
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The level of sales at the break-even point is calculated:
a. Fixed costs/Unit contribution margin in %
b. Variable costs/Fixed costs
c. Sales/Gross margin in %
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- A manufacturer has a monthly fixed cost of $44,000 and a production cost of $9 for each unit produced. The product sells for $13/unit. (a) What is the cost function? C(x) = (b) What is the revenue function? R(x) = (c) What is the profit function? P(x) = (d) Compute the profit (loss) corresponding to production levels of 9,000 and 13,000 units. P(9,000) = P(13,000) =reeway company introduces an improved version of an PC product in 2021; it is likely that the demand for the existing PC will decline because customers will buy the improved version. The decline in demand for the original product is not indicated by historical data. your opinion about the historical demand data will be: a. the historical demand is still useful in that it allows the firm to estimate the combined total demand for the two versions b. the historical demand is not useful. c. the historical demand is still useful in that it allows the firm to estimate the demand for the old version only d. the historical demand is still useful in that it allows the firm to estimate the demand for the new version onlyThe break-even point is calculated to know what level of production is required to cover a company only fixed costs expenses. TRUE OR FALSE
- In the context of a buying process, which of the following statements is true of satisficers Question 28 options: a) They select the best supplier who satisfies their product and delivery requirements b) They study numerous proposals carefully before selecting one. c) They contact new and unfamiliar suppliers when they need to purchase a product d) They contact familiar suppliers and place orders with the first one that fulfills their requirementsi will 10 upvotes urgent Which of the following statements correctly describes Veblen Goods? (a) These are the goods for which demand increases as the price increases. (b) These are the goods with no opportunity cost. (c) These are the inferior goods whose demand remains constant irrespective f change in prices. (d) These are the goods for which demand increases as the prices fall."The GLOBAL LIFE CYCLE consists of five stages: 1) Unmet demands-production begins; 2) Product introduction-demand exceeds production; 3) Growth of sales stage-supplies of a product is higher than demand; 4) Maturity stage-demand is satisfied; 5) Demand declines-decline of sales follows." Is this definition true or false? Question 1 options: a) True b) False
- The turnaround/declines strategy can be defined as the selling of a business or parts of it in line with its mission.Cost-Volume-Profit Analysis (CVP analysis), also commonly referred to as Break-Even Analysis, is a way for companies to determine how changes in costs (both variable and fixed) and sales volume affect a company’s profit. Required to: Discuss the main components of CVP analysis by providing your own numerical example and constructing a Break-Even Chart.Adam convinced his customer to buy the most expensive couch in his store so that he could receive a higher commission even though the customer initially only wanted to buy a recliner. The customer had buyer’s remorse and returned the couch a week later. This is an example of how commission implementation caused Adam to ______. a. decrease the store’s ROI b. hurt the store’s yield ratios c. scare away a potential investor d. ignore the customer's needs
- 1- Which one of the following scenarios best describes "demand"? a. Ashraf wants the product and has ability to pay for it. b. Yaqdhan likes the design but not the price of a product. c. Khalid has money but does not like the product. d. Muadh sells cheap products.Required: A. What are the actual and budgeted selling prices? What are the actual and budgeted variable costs per unit?B. Calculate all the required variances and present the variance analysis report.5)The set of brand assets, its name and symbol, that add or subtract value to a Firm and/or to that Firm's customer is known as ---------------