1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Korolek [52]
3 years ago
12

The company president does not believe that the formula should be altered for fear it will tarnish the company's brand

Business
1 answer:
jonny [76]3 years ago
6 0
<span>The company president does not believe that the formula should be altered for fear it will tarnish the company's brand. </span>She prefers that the company spend more on marketing and increase the price. The company’s accountants believe that if marketing costs are increase by $400,000 then the company can achieve a selling price of $42 per bottle without losing any sales. At this price, will the company achieve its target operating income of 40% of revenue?

Total cost = $9,600,000

Add: Increase in marketing costs= 400 ,000

Total costs of redesigned table = $10 ,000,000

Revised cost per unit ($10,000,000 ÷ 400,000 units) = $25

Target cost per unit ($42 × 0.60) = $25.20

Yes, this proposal allows the company to meet its goal of target costs less than 60% of revenue and target operating income greater than 40% of revenue.

You might be interested in
What warranty is created when a merchant affirms that the goods meet certain standards of quality, description or condition?
Karo-lina-s [1.5K]

Answer:

An express warranty

Explanation:

Express warranties can be made in writing, orally or even inferred by the salesperson's conduct. Even if the salesperson made a mistake by offering an express warranty, it is still valid. An express warranty states that a good or service will specifically be a certain way, or perform in a certain way. When a salesperson shows a model of the good, that is considered a express warranty that the good will be the same as the model.

8 0
3 years ago
As you get closer to needing the money from an investment, what happens to your risk tolerance
Sedbober [7]

Risk tolerance gets lower and lower as you get closer to needing the money from your investment.

If you don't need the money for 50 years, you are more likely to take risks in the stock market or other higher risk investments in return for higher rewards. If you need the money tomorrow, you will not be willing to risk it all in the stock market because even though it <em>could </em>double, you might lose it all.

8 0
3 years ago
Forest City has recently implemented GAAP reporting and is attempting to determine which of the following special revenue funds
vitfil [10]

Answer:

hsbsjsbsbdbebdhdbdbfbrnr

6 0
3 years ago
Silverwood Company is considering the following alternatives: Alternative A Alternative B Revenues $100,000 $200,000 Variable co
lana66690 [7]

Answer:

to find profit make

%profit =selling price + cost price ÷ cost price

5 0
2 years ago
Complete the following sentence.
grandymaker [24]

Answer:

Crucial or important?

Explanation:

Tell me if there's anything else to the question but I would say that it is very important to convince a person with understanding or appeal.

4 0
3 years ago
Read 2 more answers
Other questions:
  • Coming Home Corporation uses a weighted-average process costing system to collect costs related to production. The following sel
    11·1 answer
  • Budget information for college athletic programs show that the programs could not exist with receive a significant amount of mon
    9·1 answer
  • Which of these products or services is likely to have an inelastic supply in the short run?
    13·1 answer
  • Karen is a senior manager at the american bank. a good part of her workday is spent in meetings with clients, subordinates at th
    7·1 answer
  • A loan is being repaid with level annual payments of $1,000. Calculate the outstanding balance of the loan if there are 12 payme
    6·1 answer
  • London Company hired some students to help count inventory during their semester break. Unfortunately, the students added incorr
    7·1 answer
  • The foreign subsidiary of a large corporation is:_________ a) a cost center. b) an investment center. c) not a responsibility ce
    13·1 answer
  • Many influential economists, politicians, and business leaders think that a shift toward a more integrated and interdependent gl
    14·1 answer
  • Carillo Industries collected $108,000 from customers in 2017. Of the amount collected, $25,000 was for services performed in 201
    11·1 answer
  • When making a decision, only relevant items are included in the analysis of the alternatives when using ______.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!