Answer:
The break-even point is 130,000 hangers
Explanation:
Break-even point is fixed costs divided by contribution margin per hanger
The fixed costs here is $2600
the contribution margin is computed thus:
Price per hanger $0.20
variable costs ($0.18)
Contribution margin $0.02
The break-even point =$2600/$0.02
=130,000 hangers
The fact that the increase in variable costs cannot be passed to customers implies that the price of the hanger remains $0.20 and the variable cost per unit becomes $0.18 instead of the original $0.16.
The break-even point is the number of hangers to be sold at which no gain or loss is realized.
Answer:
organizational inefficiency
Explanation:
The finance department of Global Couriers decides to invest half of the previous year's profits into the business. However, the marketing department needs investment to extend the company's services to more cities.
The department heads want to arrange a meeting to discuss the company's strategies. But they adjourned the meeting as they realize that their opinions clash.
This has lead to organizational inefficiency.
A. Showing them the training success of their peers who are now in similar jobs.
Sales: 48,000
Sales returns and allowances: <u>( 6,000)</u>
Net Sales 42,000
Cost of Sales:
Beginning Inventory: 900
net purchases 9100
ending inventory <u> (2,300) (7,700)</u>
Gross Margin 35,000
Operating Expenses <u> (6,200)</u>
Gross profit 28,800
Answer:
Shopping product
Explanation:
Shopping product is one of the four types of consumer products. Others convenience product, unsought product and specialty product.
Shopping products are products bought occasionally by buyers. Before consumers buys any products, they often times compare price, quality and brands with other products.
In shopping product, consumers spend much of their time comparing products of different brands which is aimed at getting value for their money.
Examples of shopping products are electronics, airline tickets, phones, etc.
