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vampirchik [111]
4 years ago
15

Jaybird Company operates in a highly competitive market where the market price for its product is $62 per unit. Jaybird desires

a $22 profit per unit. Jaybird expects to sell 6,200 units. Additional information is as follows: Variable product cost per unit $ 19 Variable administrative cost per unit 12 Total fixed overhead 57,000 Total fixed administrative 30,000 To achieve the target cost per unit, Jaybird must reduce total expenses by how much?
Business
1 answer:
Solnce55 [7]4 years ago
4 0

Answer:

The cost of production must decrease by $5 per unit.

Explanation:

Giving the following information:

Selling price= $62 per unit.

Jaybird desires a $22 profit per unit.

Jaybird expects to sell 6,200 units.

Variable product cost per unit $ 19

Variable administrative cost per unit 12

Total fixed overhead 57,000

Total fixed administrative 30,000

First, we need to calculate the unitary cost of production:

Unitary cost= 19 + 12 + (57,000+30,000)/6,200= $45

Target cost= 62-22= $40

The cost of production must decrease by $5 per unit.

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Which of the following statements about the importance of each competitive factors (but especially such highly influential facto
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Question Completion:

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O While it is true that some competitive factors affect the brand choices of buyers more than others, what matters most in determining sales and market shares is competitive effort and the regional average on each competitive factor

O How much differences in the number of models/styles that companies have in their product lines matter in determining each company's unit sales/market share in a region is not a fixed amount but rather is an amount that varies from *big (when model/style differences are also "big") to "small  

O In the rare instance that all companies in a region should happen to offer buyers the very same number of differences are "small") to "zero" (when the models/styles offered by rivals are identical). models/styles, then models/styles become a total competitive non-factor and have zero impact on buyer appeal for one brand versus another-in such cases, 100% of the regional sales and market share differences among company rivals stem directly from differences on the other 12 competitive factors.

O Big company-to-company differences in the number of models/styles offered to buyers in a region weigh heavily in accounting for company-to-company differences in branded pairs sold and market share in all four geographic regions.

Answer:

The statements about the importance of each competitive factors (but especially such highly influential factors as selling prices, S/Q ratings, and number of models/styles offered) in determining company sales volumes and market shares in a particular geographic region which is false is:

O Tiny cross-company differences on a highly influential competitive factor (like selling prices, or S/Q ratings or models/styles) nearly always have a bigger impact on company sales/market shares in a region than do large company-to-company differences on less influential competitive factors.

Explanation:

This implies that the following factors drive company sales volumes and market shares in a particular geographic region: competitive effort, differences in the number of models/styles that companies have in their product lines, big company-to-company differences in the number of models/styles offered to buyers in a region, among the other 12 competitive factors.

4 0
3 years ago
During 2017, Windsor Company changed from FIFO to weighted-average inventory pricing. Pretax income in 2016 and 2015 (Windsor’s
Illusion [34]

Answer:

Description                              2017              2016            2015

Net Income                             $146,402‬    $107,281‬       $123,114‬

Explanation:

The question is to compute a statement of income comparative figures. The step is therefore to use the weighted average pricing method to replace the historical income before taxes for both years 2016 and 2015. After this is done, we then re-calculate the appropriate taxes and arrive at the net income.

Description                              2017              2016            2015

Income before taxes             206,200         151,100        173,400

Subtract: Income tax @29%   59,798‬           43,819‬           50,286‬

Net Income                             146,402‬         107,281‬         123,114‬

5 0
4 years ago
NeNe is an accountant and a U.S. citizen who has accepted a permanent position in Madrid, Spain, for a Spanish financial service
s2008m [1.1K]

Question options:

a) NeNe can exclude all of the housing payment because she worked more than 330 days overseas

b) 16,128

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d) 14,112

e) None of her salary can be excluded from gross income

Answer:

a) NeNe can exclude all of the housing payment because she worked more than 330 days overseas

Explanation:

US citizens working and living abroad would still have to remit taxes to the US, albeit with exclusions.

Under US tax law, IRS states that US citizens may deduct/exclude the value of meal and lodging expenses granted to them by the employer. Under the foreign housing exclusion, Nene qualifies for the benefits of housing exclusion because she has a foreign earned income and has lived at least 330 days within a period of 12 consecutive months in the foreign country.

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9966 [12]

Answer:

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number of miles driven during 2021 = 31,000

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number of miles driven during 2020 = 33,500

depreciation expense 2022 = 33,500 x $0.20 = $6,700

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Ahat [919]

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6 0
3 years ago
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