Answer:
The manufacturer will have a c. Loss
Explanation:
The break-even point is the level of production at which the costs of production equal the revenues for a product and calculated by using following formula:
Break-even point in units = Fixed cost/(Selling price per unit-Variable cost per unit) = $50,000/($16-$7) = $50,000/$9 = 5.556 units (rounding)
The manufacturer produces and sells 3,000 units per month < Break-even point in units. Therefore, the manufacturer will have a loss
Answer:
The correct word for the blank space is: market cannibalization.
Explanation:
Market cannibalization refers to the loss of revenues as a result of the introduction of a new product by the same company. The initial purpose of the firm is to spread its market share but the product introduced is so similar or covers the same need than the previous that it ends up replacing it instead of acquiring more consumers.
Market cannibalization also takes place when franchises of the same firm open stores too close to each other than one of them ends up capturing all consumers which replace the first store operating in the area.
Answer:
$287,924.84
Explanation:
We are to calculate the future value of the annuity
The formula for calculating future value = A (B / r)
B = [(1 + r)^n] - 1
FV = Future value
P = Present value
R = interest rate
N = number of years
[(1.12)^17 - 1] / 0.12 = 48.883674
$5,890 x 48.883674 = $287,924.84
Banks proved extremely unstable, and we had a history of the rich holding most of it
Answer:
$741 U
Explanation:
Juhasz Corporation
SH= 9,600 units × 0.70 hours per unit
= 6,720 hours
Variable overhead efficiency variance
= (AH – SH) × SR
= (6,850 hours − 6,720 hours) × $5.70 per hour
= (130 hours) × $5.70 per hour
= $741
Therefore the variable overhead efficiency variance for August is: $741 U
