Answer:
Break-even point= 1,200 DVDs
Explanation:
F<u>irst, we need to calculate the sales proportion:</u>
DVD= 4/5= 0.8
Home entertainment= 1/5= 0.2
<u>Now, we need to calculate the break-even point for the whole company:</u>
Break-even point (units)= Total fixed costs / Weighted average contribution margin
Weighted average contribution margin= (weighted average selling price - weighted average unitary variable cost)
Weighted average contribution margin= (200*0.8 + 600*0.2) - (160*0.8 + 460*0.2)
Weighted average contribution margin= 60
Break-even point (units)= 90,000/60= 1,500
<u>Finally, the number of DVDs:</u>
DVD= 1,500*0.8= 1,200 DVDs
The Given Statement is TRUE. Banks helped international trade by allowing merchants access to money in different locations.
<h3>
What is International Trade?</h3>
International Trade is the exchange of goods and services across international borders. It usually comes with additional risks caused by changes in exchange rates, government policies, laws, judicial systems, and financial markets.
International trade drives a country’s growth. Import-export figures are one of the top contributors to a country’s gross domestic product. Thus, every country tries to strengthen its global trade relationships with world leaders.
<h3>What is the role of the banks in International Trade?</h3>
Banks facilitate international trade by providing financing and guarantees to importers and exporters. While access to external funds is important for domestic production, it is especially important for exporting firms.
<h3>What did a Merchant do?</h3>
Merchants were those who bought and sold goods, while landowners who sold their own produce were not classed as merchants.
Thus, we can conclude that the above statement is TRUE.
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Answer: strategic planning
Explanation:
A planning concerned with long-range decisions such as defining the scope of business is referred to as the strategic planning.
Strategic planning helps in giving a business or an organization a direction which is required in knowing where the company is presently and where the company intends going.
The strategic plan shows the visions,, missions, of the organization and the necessary steps that such organization will take to achieve its goals.
Answer:
increase by $15,600
Explanation:
Fixed cost remains constant throughout a period. If production is through the use of idle capacity, fixed cost will not change.
Change is income will result from the total contribution margin realized from the special order.
The total contribution margin is the contribution margin per unit multiplied by total units.
Contribution margin per unit = special offer price - variable costs
=$23.40- $18.20
=$5.20
change in income will be $5.20 x 3000
=$15,600 increase
If Ginny's boss wants to get the graphical representation of the relationship between the price and quantity of televisions supplied, then he would use th:
However, if he is interested in the visual representation, then he would have to use the:
<h3>What is a Supply Curve?</h3>
This refers to the representation of the relationship which exists between the price and supply of a particular good.
With this in mind, we can see that the best way to display the set of data in a graphic format is with the use of the supply curve while the representation of data in a visual format would be the use of a supply schedule.
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