Answer:
$7,400
Explanation:
The impact on the company's overall profit is shown below:-
<u>Particulars Amount
</u>
Sales $50,320 (740 × $68)
Less : Variable cost
Direct material $30,340 (740 × $41)
Direct Labor $10,360 (740 × $14)
Variable Manufacturing
overhead
($51,000 ÷ 17,000) $2,220 (740 × $3)
= 3
company's overall profit $7,400
To reach the company's overall profit we simply deduct the Direct material, direct labor and variable manufacturing overhead from sales.
Answer:
Here is how to find the equilibrium price of a product:
Use the supply function for quantity. You use the supply formula, Qs = x + yP, to find the supply line algebraically or on a graph. ...
Use the demand function for quantity. ...
Set the two quantities equal in terms of price. ...
Solve for the equilibrium price.
Answer:
- Growing the country's economy
- Aiding in the creation of capital formation
- Managing and mitigating the risks
Explanation:
The Financial system is very important because it helps grow the economy of the country. They do this by creating capital when they transfer funds from those who have it (savers) to those who need it (borrowers). These borrowers will then use it to invest in projects that will grow the economy.
The Financial system also works to manage and mitigate risk because they have experience in such areas and are able to discern which projects to go after to avoid or properly manage risk.
Answer: Creation of sales
Explanation: In direct marketing the company focuses on avoiding the advertising middle man and tries to inform the customers directly about the product or service offered.
The direct marketing is done with the intent of increasing customer base which will further result in creation of sales. This could be achieved by making promotional events and other such kind of activities.
Note: The question should be:
....................... means gathering information about your career choices and weighing the pros and cons of the career.
Answer:
Career Decision making
Explanation:
Career Decision making allows you to research about your career choices and make guided and objective decisions. Before making a choice, one has to consider the benefits and the negatives associated with such career.
Before making such an intricate decision, one has to seek for career advice from career counsellors and experts in that career field.