A business plan that provides information on a company, its products or services, its market, and critical risks to prospective business or marketing partners or to prospective key employees is called an invention plan.
Invention Plan informs prospective business or marketing partners or key employees about the company, product/service, market, and critical risks.
This business plan should briefly explain ones corporation, ones brand, the main aspects of ones market research, ones strategic plan, ones management, and ones financial plan.
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Answer and Explanation:
The computation is shown below:
a. The manufacturing overhead is
= factory utilities + depreciation on factory equipment + indirect factory labor + indirect material + factory manager salary + property tax + factory repairs
= $16,500 + $12,650 + $48,900 + $70,800 + $8,000 + $2,500 + $2,000
= $161,350
b. The product cost is
= Direct material used + direct labor + total manufacturing overhead
= $157,600 + $79,100 + $161,350
= $398,050
c. The period cost is
= Depreciation on delivery truck + sales salaries + repairs to office equipment + advertising + office supplies used
= $3,800 + $48,400 + $1,300 + $23,000 + $4,640
= $81,140
I would say that the decision making conditon in this instance would be to offer a reward to prospective car buyers so as to attract them to a vehicle which will cost them less and also to compete with other car dealers in trying to win over the prospective clients.
Answer:
Option (B) is correct.
Explanation:
An import quota is defined as the restriction on the imports from the other nations. It is the direct restriction on the quantity of goods imported from the other countries. This restriction takes place to protect the domestic producers of the home nation from the foreign competition.
For example: The united states wants to import 50,000 cars from Japan but there is an import quota of 40,000 cars. So, the consumers in the United States won't be able to import remaining 10,000 cars.
Answer:
10,000 books
Explanation:
Knowns:
Fixed Costs: $50,000
Variable Costs: $4 (price marketing company charges per book sold)
Sale price: $9 per book
We can solve break even (BE) by using the following formula:
BE = (Fixed Cost) / (Sale price-Variable costs)
BE = ($50,000) / (($9-$4)
BE = $50,000 / $5
BE = 10,000 units
I hope this helps!
-TheBusinessMan
