Answer:
$12.35
Explanation:
Given that,
Direct materials = $ 4.95
Direct labor = $ 3.25
Variable manufacturing overhead = $ 1.45
Fixed manufacturing overhead = $ 4.20
Fixed selling expense = $ 1.05
Fixed administrative expense = $ 0.60
Sales commissions = $ 1.00
Variable administrative expense = $ 0.50
Selling price = $23.50 per unit
Total Variable cost:
= Direct materials + Direct labor + Variable manufacturing overhead + Sales commissions + Variable administrative expense
= $4.95 + $3.25 + $1.45 + $1.00 + $0.50
= $11.15
Contribution margin per unit:
= Selling price per unit - Variable cost per unit
= $23.50 - $11.15
= $12.35
Answer:
Expected return on stock =14.1
0%
Explanation:
The Capital Asset pricing Model (CAPM) can be used to determined the expected return on the stock.
<em>According to the Capital Asset pricing Model the expected return on stock is dependent on the level of reaction of the the stock to changes in the return on a market portfolio.
</em>
These changes are captured as systematic risk. The magnitude by which a stock is affected by systematic risk is measured by beta.
Under CAPM, Ke= Rf + β(Rm-Rf)
Rf-risk-free rate (treasury bill rate), β= Beta, Rm= Return on market, Ke-return on stock
Using this model, we can work out the return on stock as follows:
DATA
Ke-?
Rf- 4.5%
β-1.2
8
Rm- 12%
Ke = 4.5% + 1.28× (12-4.5)%=14.1
0%
Expected return on stock =14.1
0%
Answer and Explanation:
Given that
The Sale is made for $900
Terms 2/10, n/30 that means if the payment is made within 10 days than 2% discount is eligible and the total credit period allowed is 30 days
Now the journal entry to record the receipts of a payment within discount period is
Cash Dr $882
Sales discount $18
To Account receivable $900
(Being the cash received)
1. A company's core capability is defined as the strategic advantages or the principal strengths of that company, including the combination of technical skills and pooled knowledge which allow the company to be competitive in the market place. The core capacities of a company allow it to do better in the market place than its competitors.
2.The core capabilities of Google, Walmart and Amazon include: excellent work culture, buying power, supply chain management, excellent use of information technology to support business, logistical superiority and international growth.
3. There are new market to which these companies could creatively apply their core capabilities. For example, Amazon can start offering assistance to researchers to write their scientific journals and to help them market it. Walmart can carve out a new market for itself by allowing customers to leave a list of what is needed every month. Walmart will then be supplying these to the people on a regular monthly basis. Google can expand its business to remote countries of the world, where internet access is not known yet by facilitating such in those areas. Google can also offer to help people search for what they need for payment.
Answer:
Differentiation strategy
Explanation:
Differentiation strategies seek to create higher value for their customers by producing goods and services that offer unique features that differentiate them form their competitors. This is done while trying to keep the same or similar (maybe a bit more expensive) price levels as the competition
.
In this case Beach Grub offers a differentiated service while keeping their prices higher than the competition but not as high as luxurious restaurants.