Answer:
The answer is 51,500 units
Explanation:
Break-even sales is a point in which a business or a firm neither make profit nor loss. Total Revenue equals total cost. Break-even sales help to know the point at which business starts to make profit.
Break-even sales is:
Fixed cost/contribution margin.
Where contribution margin is sales price per unit minus variable cost per unit.
In the question, variable cost are decreased by $3.
So the new variable cost is $21 - $3
=$18.
Contribution margin is $24 -$18
$6
Therefore, The break-even sales (units) if the variable costs are decreased by $3 is:
$309,000/$6
=51,500 units
Answer:
Option (B) is correct.
Explanation:
Given that,
Accounts receivables = $1,500,000
Allowance for doubtful accounts = $90,000
Expected uncollectibles = $125,000
The collection of accounts receivables after the adjustment for bad debt expense is determined by deducting the expected uncollectibles from the total amount of accounts receivables.
Accounts receivable amount expected to be collected after adjustment for bad debt expense:
= Accounts receivables - Expected uncollectibles
= $1,500,000 - $125,000
= $1,375,000
<u>Full question:</u>
Christie has just started with a travel agency. and she has been offering clients and prospective clients a range of packaged tours. She is concerned. because the commissions she is earning on her sales are lower than she had hoped. Her colleague Peter. who has been with the agency for several years, is having a great deal of success by working closely with the clients. seeking their ideas. and building customized tour packages for each one based on their suggestions.Peter's approach is based on A. transaction-oriented marketing.B. premium C. Vlaue Cocreation D.sales-oriented marketing.
Peter's approach is based on value cocreation.
<h3><u>
Explanation:</u></h3>
Value co creation is one of the strategies used in the business. It is a business strategy that helps in creation and promotion of the involvement of the customers actively in creation of on demand and made to order products. By using this strategy they will get the exact product they are in need and they can also involve in understanding how those products are formed.
In the example given, The colleague of Christie, Peter is being working closely with the clients and he offers the services by asking the customer's ideas and their suggestions. Thus the approach followed by Peter is value cocreation.
Answer:
Explanation:
Ms. P receives $6,000 from Company P due to her husband A's loyal service and She receives $600 that her husband earned prior to his death. Hence, Ms P earns a total of $6,600 ($6000 + $600) gross income.
The amount of $90,000 receive from the life insurance proceeds are excluded from the gross income.
Ms P's daughter receives $4,000 from company P. It should be included in her daughter income.
