Answer:
b. 75,000 units
Explanation:
Fixed cost = $360,000
Target net income = $90,000
Selling price per unit = $30
Unit variable cost = $24
The computation of net income is shown below :-
= (Fixed expenses + target profit) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $30 - $24
= $6
So, the net income is
= ($360,000 + $90,000) ÷ ($6)
= ($450,000) ÷ ($6)
= 75,000 units
The difficulty level that a manufacturer experiences in getting retailers to purchase its products is determined by the degree to which the channel is vertically integrated.
<h3>What is vertical integration?</h3>
It should be noted that vertical integration simply means the process of acquiring business operations towards identical production.
In this case, the difficulty level that a manufacturer experiences in getting retailers to purchase its products is determined by the degree to which the channel is vertically integrated.
Learn more about vertical integration on:
brainly.com/question/19815172
Maggie can buy 3 gifts
Solution:
Total budget $19
Each gift costs $4
Shipping fee $7
a. Total budget — Shipping fee = $19 - $7 = $12
Maggie’s got $12 more
Each gift costs $4
Number of gifts that Maggie can buy = 
=3
b. Let x represent the number of gifts.
19 = 7 +4x
Subtract -7 from both sides
19 - 7= 7 + 4x - 7
Now Simplify,
12 = 4x
Divide both sides by 4
x = 3
Answer:
Option (b) is correct.
Explanation:
There are three types of price discrimination:
(i) First degree price discrimination or Perfect price discrimination
(ii) Second degree price discrimination
(iii) Third degree price discrimination
Perfect price discrimination refers to a situation in which the selling price of the product is equal to the price that a consumer willingness to pay for the product. This is a situation in which there is no consumer surplus.
Consumer surplus = Actual price paid by the consumer - Willingness to pay for the product
Answer:
a.
Primary sources represent the law itself as interpreted by the statutory, administrative and judicial entities of the government while secondary sources can be generally defined as interpretations of the law done by non-governmental entities.
b.
The type of authority which professional tax research conclusions should be based on are the primary sources.
Explanation:
a.
Primary sources of tax information are documents that are provided directly by an authority usually the government. Primary sources usually carry heavy weight especially when there is a conflict in the understanding of a federal tax law. These sources are often used by law practitioners as a basis in understanding cases of a similar nature. Some examples of primary sources of tax information include; internal revenue code, final and temporary regulations, non-codified federal tax statutes, and judicial decisions on tax matters. In general primary sources represent the law itself as interpreted by the statutory, administrative and judicial entities of the government. They can be used in a case where a tax payer in arguing his or her case about their tax position in a court of law.
Secondary sources of tax information are documents that are provided by information vendors who provide research services, legal analysis and tax professionals. These sources usually rely on the professionalism and experience of individuals who have gained a reputation on tax law for advice and direction. Some examples of secondary sources include; legal periodicals like academic journals, legal analysts, scholars and tax law reporters. Secondary sources can be generally defined as interpretations of the law done by non-governmental entities.
b.
Professional research is usually done to enable one advance in his/her career in order to gain acceptance as an expert in that particular field. For one to join the ranks of a professional, they first need to prove their mastery of the knowledge in that particular profession. In our case, one needs to be aware of the law as provided by an authority. This means that one needs to argue his/her case in reference to the primary sources since these sources carry more weight in terms of understanding and experience as opposed to secondary sources that represent personal views that might be susceptible to bias. On this note, the type of authority which professional tax research conclusions should be based on are the primary sources.
