Answer:
$300,000
Explanation:
Given that,
Contribution margin ratio = 40%
Company desires to earn a profit = $40,000
Fixed costs = $80,000
Required sales revenue:
= (Fixed cost + Desired profit) ÷ Contribution margin ratio
= ($80,000 + $40,000) ÷ 0.40
= $120,000 ÷ 0.40
= $300,000
Therefore, the sales revenue of $300,000 would have to be generated in order to earn the desired profit.
Costs such as transportation-out, sales commissions, uncollectible accounts receivable, and advertising costs are sometimes called <u>direct costs.</u>
<h3>Wat are direct cost?</h3>
A direct cost is known to be the said price that can be said to be straightly linked or tied to the manufacturing of specific goods or services.
Not that A direct cost is one that be known via to the cost object, that is it can be a service, product, or others.
Hence, Costs such as transportation-out, sales commissions, uncollectible accounts receivable, and advertising costs are sometimes called <u>direct costs.</u>
Learn more about direct costs from
brainly.com/question/26245657
#SPJ1
Answer:
True
Explanation:
Capitalism works because it encourages competition
The opportunity cost of the aircraft carrier is the cost of the next best option China forgoes in order to build the aircraft carrier.
<h3>What is the opportunity cost?</h3>
Opportunity cost of the next best option forgone when one alternative is chosen over other alternatives. Opportunity cost is also known as implicit cost. Opportunity cost is used in calculating implicit cost.
For example, if in deciding to build the aircraft carrier, China forgoes the opportunity to repair all the roads in china. Repairing all the roads in China is the opportunity cost.
To learn more about opportunity cost, please check: brainly.com/question/26315727
#SPJ1
Answer:
An effective marketing campaign will help a company achieve its marketing objectives and increase its profitability.
Explanation:
When a company wants to publicize its products and services and maintain a good relationship with its consumers, it develops marketing campaigns, which, when aligned with the values of the company and its target audience, will generate attention for the brand, generate engagement for the company. increase market positioning, increase brand value, attract customers, etc.
Therefore, to create an effective marketing campaign it is necessary to follow some essential steps.
1- Choose the essential objective of the marketing campaign and thus start to develop the idea for the company's promotional communication.
2- Choosing the ideal channel for the transmission of the message, it is necessary to know where your potential audience is most present, whether it is on social media, in the newspaper, on TV, etc.
3- Choose the ideal campaign concept.
4- Monitor the results of the marketing campaign after it is aired.
