<u>Calculation of the amount of sales to earn the desired profit:</u>
The amount of sales to earn the desired profit can be calculated using the following formula:
Amount of Sales = (Desired Profit + Fixed Costs) / Contribution Margin %
We are given:
Desired Profit = $16,500
Fixed Costs= $49,500
We can calculate Contribution Margin % using the following formula:
Contribution Margin % = (Sales price – variable cost per unit) / Sales Price = (7-3.70)/7 = 47.1429% (Rounded off)
Now we can calculate:
Amount of Sales = (Desired Profit + Fixed Costs) / Contribution Margin %
= (16500+49500)/47.1429%
= $140,000
Hence, the amount of sales that will be necessary to earn the desired profit is <u>$140,000</u>
Answer:
D) =212,000
Explanation:
MONTH REQUIRED PRODUCTION
JANUARY 50,000
FEBRUARY 70,000
MARCH 85,000
APRIL 105,000
MAY 110,000
JUNE 120,000
The number of units to be produced during April = total projected sales - (20% of April's projected sales) + (20% of may's projected sales) = 105,000 - (105,000 x 20%) + (110,000 x 20%) = $106,000 units
Amount of materials needed for the production of 106,000 units = 106,000 units x 2 pounds per unit = 212,000 pounds
if 1500+0.75y+500+g =(g)+(0.75y)+(1500+500) the simplified answer would be
=g+0.75y+2000
Answer:
Assets = Laboratory Equipment ( Fixed asset) + Laboratory supplies (Current Asset) + Cash ( Current asset)
= 155,000 + 21,600 + 99,000
= $275,600
Liabilities = Loan Payable ( Long term liability) + Accounts Payable ( current liability)
= 30,400 + 22,750
= $53,150
Assets = Liabilities + Owners Equity
Owners Equity = Assets - Liabilities
= 275,600 - 53,150
= $222,450
Answer: point of purchase promotions
Explanation: In simple words, point of purchase promotion refers to a promotional technique in which the producer or supplier of a commodity tries to attract the customers by pacing the product ion the market or in the store in such a way that the customer feel strong urge to buy it.
For example- In most of retail stores newspapers and chewing gums like products are placed near the cash counter so that customer can choose to buy these petty products right after their purchase.
In the given case, the company provided its product at various retail stores, that is, the place where their target customers will be more. Hence we can conclude that the company is most likely using point of purchase promotions.