Answer:
Percent of sales.
Explanation:
Percentage of sales approach leads to a peculiar selection. It increases advertising expenditures when business is good, and reduces them when sales are poor.
There are two steps to do the budgeting:
Step 1: past advertising dollars/past sales = % of sales.
Step 2: % of sales X next year’s sales forecast = new advertising budget.
In most cases, it would be reasonable to expect that the reverse should be true if we are to accept the basic definitions of advertising and its sales values.
It is based on the erroneous assumption that "sales cause advertising" whereas the reality is just the opposite (advertising causes sales)
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I think reading panel is the correct option
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Answer:
You should submit a bid price of $40.63
Explanation:
bid price = NPV of the project/total units of production
= $5160415/127000
= $40.63 per carton
Therefore, You should submit a bid price of $40.63
The marginal tax rate on the remaining $50,000. Tim's second income that he earned throughout the year will incur the following tax obligation. The right response is 50%.
21,000 - (20%*30,000) = 21,000 - 6,000 = $15,000 is the tax on a second income.Taxes paid on second income divided by the amount of second income earned during the year is the marginal tax rate on second income.Marginal tax rate: 15%, 30%, and 50% The gross income in this example is $33,333 since it is the amount that every employee earns before taxes and social security contributions are deducted.$30,000 represents the total amount won over the course of the year after 10% is deducted for taxes (in this case, $3,333).Tax on second income equals 21,000-(20%*30,000)-21,000-6,000 =$15,000 Second income tax rate, second income tax paid, and second income earned for the year
Marginal tax rate = 15/30 = 50%.
To know more about Marginal tax rate visit:
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Answer:
B. Fixed costs divided by unit contribution margin
Explanation:
In sales dollars, Break-Even point = Fixed Costs ÷ Contribution Margin.
Break-Even point in (units) = Fixed Costs / (Sales price per unit - Variable costs per unit).
The Break even point is a measure of which a company can determine if when the product its manufactured or produced will start to be profitable.
