The right answer for the question that is being asked and shown above is that: "a. rivalry among existing firms in an industry" Information-based industries are most susceptible to one of Porter’s five forces which is the a. rivalry among existing firms in an industry
Answer:
(A) 2 obligations
(B) Sales revenue for January: 449,232 dollars
Accounts receivales 449.232 debit
Sales revenues 449.232 credit
Explanation:
(A) there is two performance obligations
one is two deliver the musk soap
and the other is the warranty on the soap
nominal: 3,820 musk soap x $ 120 per unit = $ 458,400
less warranty of 2% 458,400 (1 - 0.02) = $449,232
B. The trading of favors.
Cost Volume Profit (CVP) analysis, also known as break-even analysis, is a financial planning tool that executives use to set the short-term strategy for their business. It informs corporate decision makers of the (short-term) impact on profit of changes in selling prices, costs, and quantities.
CVP analysis aims to determine the outputs that drive company value, highlight the impact of fixed costs, break-even points, target profits, and determine sales figures and sales forecasts. CVP analysis makes pricing decisions and pricing structures easier.
CVP analysis estimates how changes in a company's fixed and variable costs, sales volume, and price affect the company's profits. This is a very powerful tool in finance and accounting. It is one of the most commonly used tools in management accounting to help managers make better decisions.
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