Answer:
96.60%
Explanation:
Total Variable Cost = Variable product cost + Variable administrative cost per unit
= (5,000 × $79 per unit) + (5,000 × $21 per unit)
= $395,000 + $105,000
= $500,000
Total Fixed Cost = Total fixed overhead + Total fixed Administrative Cost
= $42,000 + $31,000
= $73,000
Total fixed cost per unit = $73,000 ÷ 5,000
= 14.6
Total Cost = Total Variable Cost + Total Fixed Cost
= $500,000 + $73,000
= $573,000
Target profit = 5,000 × $82
= $410,000
Desired Selling Price = Total cost + Target profit
= $573,000 + $410,000
= $983,000
Desired Selling Price per unit = $983,000 ÷ 5,000
= $196.6
Therefore,
Mark up percentage on Variable Cost
:
= (Desired Selling Price per unit – Variable Cost per unit) ÷ (Variable Cost per unit) × 100
= [(196.60 – 100) ÷ (100)] × 100
= 96.60%
Answer:
False because Clan is most likely following more for less strategy.
Explanation:
Value proposition is a situation where the customer is answered for his question as to why he should prefer the sellers brand. It is an overall positioning strategy followed by the sellers. Such a strategy has five different propositions which are as follows out of which the last fifth one is the one followed by Clan in which the seller offers more benefits to the existing buyers of a different brand at a lower cost.
- More for More : More benefits at a more higher prices as those offered by the competitors.
- More for the same: More benefits at the same price offered by the competitors.
- The same for less: Under this same benefits at a lesser price is offered as compared to those by the competitors.
- Less for much less: Lesser benefits at lesser price.
- More for less: Followed by companies for achieving impressive positions in the market by offering more benefits at lower costs.
Answer:
True
Explanation:
During recession, unemployment level rises , and falls when this level is over. Andre should expect to get a job if the economy has returned to a pre-recession level.
Recession refers to a period in the economic cycle, where productivity has fallen and the Gross Domestic Product(GDP) has recorded negative growth for more than two quarters.
Answer:
$76,440
Explanation:
Calculation to determine the proper amount of net income as of December 31, 2018
Net income $87,000
Less Adjusted for insurance ($4,050)
($16,200*3/12)
Less Adjusted for deferred income ($2,700)
Less Adjusted for supplies ($2,100)
Less Adjusted for interest ($1,710)
($57,000*9%*4/12)
Net income (Adjusted) $76,440
Therefore The the proper amount of net income as of December 31, 2018 will be $76,440
