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NeTakaya
3 years ago
6

Digicon Inc. is a firm with mindshare in the category of digital cameras. With reference to this information, which of the follo

wing statements is true regarding the firm?
a.The digital cameras manufactured by the firm are the cheapest in the market.

b.The firm offers the widest range of digital cameras.

c.The marketing plan employed by the firm is the best in the industry.

d.The digital cameras manufactured by the firm are seen as the standard for competitors to match.
Business
1 answer:
kherson [118]3 years ago
3 0

Answer:

d.The digital cameras manufactured by the firm are seen as the standard for competitors to match.

Explanation:

Mindshare is a term that measures the amount of popularity and consumer awareness in a certain category. To say that Digicon Inc. has a mindshare in the category of digital cameras means that the company sets the bar for the digital cameras market and, therefore, should be seen as the standard that competitors should try to match.

Thus, the answer choice that better fits the description is d.The digital cameras manufactured by the firm are seen as the standard for competitors to match.

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Product sales: 1,000 units at $10 eachVariable manufacturing costs: $5.50 per unitFixed manufacturing overhead: $1,200Variable s
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Answer:

The correct answer to the following question is option C)  $1800.

Explanation:

Given information -

Product sales - 1000 units

Sales price - $10

Variable manufacturing cost - $5.50 per unit

Fixed manufacturing overhead - $1200

Variable selling and administrative costs - $.50 per unit

Fixed selling and administrative cost - $1000

Units produced - 1200 units

Manufacturing contribution per unit = Sales price per unit - Variable              

                                                                                manufacturing cost per unit

= $10 -$5.50

= $4.50

Manufacturing contribution margin -

Number of units sold x manufacturing contribution per unit

= 1000 x $4.50

= $4500

While the contribution margin per unit -

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= $4

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= $4000

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= $1800

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