Answer:
Profit margin = $3 per unit
Explanation:
<em>The profit margin earned is the difference between selling price and the manufacturing cost</em>
Manufacturing cost per unit = variable cost + fixed overhead cost per unit
overhead absorption rate = estimated overhead/estimated machine hours
=$220,000/20,000 machine hours
= $11 per hour
Manufacturing cost per unit = 2 + (11 × 2) = $24 per unit
Profit margin = 27 - 24
= $3 per unit
Bread, gasoline, and newspapers are examples of convenience products. All of them are goods<span> (consumer item) that are widely available. Consumers purchase this kind of products frequently with minimal effort and with little planning. The convenience products are part of consumers routine. </span>
Answer:
$3,500,000
Explanation:
the total number of shares
= 200000 + 100000 + 400000
= 700000 shares
value of 400000 shares = 2 million dollars
such that 1 share = 2 million/400000
= 5
total value of the shares = 5 * 700000
= $3,500,000
therefore we conclude that the post money valuation of this company is $3,500,000
Answer: Option D
Explanation: In simple words, co- marketing refers to the process in which two firms of an industry, who serves the same audience, combines ther resources for increasing their scale of operations with the ultimate goal of increasing profits.
Generally such arrangements do not happen between two major competitors in an industry. This is more common in international businesses where one firm has technology and other has customer base.
Hence from the above we can conclude that the correct option is D .
Answer:
It's known as Tertiary industries