The answer is the decline stage. The decline stage of a product life cycle happens when sales drop which may be in arrears in large part to new technologies or innovations that replace existing as was the case with analog television sets. Digital technologies directed to the progress of standard which is high definition then 3D HDTV and now organic light-emitting diode 3D smart HDTVs.
Answer:
The Break-even annual sales= $2,222,222.22
Explanation:
<em>The break-even sales is the amount of revenue that a business must generate that would equate its total costs to total revenue. At the break even sales, the contribution is exactly to total iced cost, and the business makes no profit or loss</em>
Contribution margin ratio = (20-5)/20=75%
Break-even (units) = Total general fixed cost /(selling price- variable cost)
= 5,000,000/75%
= $6,666,666.67
The annual sales = $6,666,666.67/3 = $2,222,222.22
The Break-even annual sales= $2,222,222.22
Answer:
Explanation:
Slope of Expenditure line = Marginal propensity to consume (MPC) + Marginal propensity to invest (MPI) + Marginal propensity to government purchases (MPG) - Marginal propensity to import (MPM).
Here, MPC = 0.8. But, since planned investment, government purchases and net exports (= Exports - Imports) are both fixed values, this means investment, government purchases and net exports (including imports) are autonomous expenditures, and therefore,
MPI = 0, MPG = 0 and MPM = 0.
Slope of expenditure line = MPC = 0.8
Answer:
and the standard price paid for direct materials multiplied by the actual quantity of direct materials purchased
Explanation:
The formula to calculate the material price variance is
Material price variance is
= (Standard price - actual price) × actual quantity
Based on the above formula, the above statement represent the formula of the material price variance
Hence, the same is to be considered