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cricket20 [7]
4 years ago
15

Sunny Pines campground, located in the Midwest, promotes the months of September and October as its value camping months. During

this time, it offers reduced rates on camper rentals and campgrounds. It does this, in part, because the weather is not as favorable for camping at this time. The pricing tactic Sunny Pines is using to encourage camping during these months is most likely ______ .
Business
1 answer:
ikadub [295]4 years ago
3 0

Answer:

The pricing tactic used by Sunny pines to encourage camping during the months of September and October is SEASONAL DISCOUNTS.

Explanation:

Seasonal discounts are also a type of discount where customers are offered  products and services at a reduced or lower price. Various business use this type of discount to boost the sale of their products and services. Sunny pines is also doing the same thing , they're offering seasonal discounts to customer for the month of September and October , when the weather is not favorable for camping, so by doing this they are trying to increase sale of their products and services in a time when usually there is not that much of customers available.

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Gundy Company expects to produce 1,304,400 units of Product XX in 2020. Monthly production is expected to range from 87,000 to 1
Inessa05 [86]

Answer:

                             Gundy Company

             Manufacturing Flexible Budget Report

             For the Month Ended March 31, 2020

                                   Budget                Actual

Units produced         107,000               107,000  

Variable Costs:

Direct Materials        $428,000            $455,000      $27,000 U

                                 ($4 * 107,000)

Direct labor               $749,000             $746,000      $3,000 F

                                  ($7 * 107,000)

Overhead                   $963,000            $971,000      $8,000 U

                                  ($9 ×* 107,000)

Total variable costs  $2,140,000          $2,172,000  $32,000 U

Fixed Costs:

Depreciation                $434,800           $434,800     $0

Supervision                  $108,700            $108,700      $0

Total fixed costs          $543,500          $543,500     $0

Total costs                   $2,683,500         $2,715,500    $32,000 U

Workings:

Depreciation = (1,304,400 * $4) / 12 = $5,217,600 / 12 = $434,800

Supervision = (1,304,400 * $1) / 12 = $1,304,400 / 12  = $108,700

3 0
3 years ago
A simultaneous increase in both unemployment and inflation is most likely to be the result of a(n): Group of answer choices decr
sesenic [268]

Answer: Decrease in the short run aggregate supply. increase in long run aggregate supply

Explanation:

assuming the wage stays constant in the short run (price of labour), an increase inflation/general prices will lead to a decrease in the Supply of labour because the current wage is no longer enough to cover the same number of goods people used to buy which will then increase Unemployment. The Labor market will experience a situation where inflation and unemployment are increasing at the same time

The Supply of Labour will increase in the Long run because the wage price will have sufficient time to adjust and increase to a new equilibrium level. .an increase in wage price will increase the quantity of supplied.

8 0
3 years ago
HELP!!! Marketing
Harrizon [31]

Answer:

1. ANSWER: 20,000

2. ANSWER: $400,000

3. ANSWER: $28.45

Explanation:

1. If the average price for a new disposable cell phone is $20, and the total market potential for that product is $4 million;and Topco, Inc. has a planned market share of 10 percent. Then, Topco have the potential to sell in this market 10% * $4 million / $20 = 20,000 units of the proposed cell phone.

2. The planned market share in dollars is 10% * $4 million = $400,000

3. If Atlantic Car Rental charges $29.95 per day to rent a mid-size automobile. Pacific Car Rental, Atlantic's main competitor, just reduced prices on all its car rentals. In response, Atlantic reduced its prices by 5 percent.

Now Atlantic's new cost of rental for mid-size cars is: 95% of $29.95 =  $28.45

5 0
3 years ago
Diana is running a successful remarketing campaign. She wants to expand her reach with other targeting options. While creating a
vovikov84 [41]

Answer:

Similar audiences uses the existing users list.

Explanation:

Similar audiencies is a feature that helps to expand the reach targeting people with characteristics similar to the ones visiting your site. It uses the existing users list to find what they have in common like interests and characteristics to look for similar people.

8 0
3 years ago
Ponzi Products produced 100 chain-letter kits this quarter, resulting in a total cash outlay of $10 per unit. It will sell 50 of
vesna_86 [32]

Answer:

Explanation:

From the given information: we are to:

a)  Prepare an income statement for Ponzi for today and for each of the next three quarters. Ignore taxes. (LO1)

An income statement involves depicts the achievement of a certain business over  a period of time .

The income statement for Ponzi for today and for each of the next three quarters is as follows:

                        Quarter 1      Quarter 2       Quarter 3        Quarter 4

Sales                   $0                  $550              $600             $0

 (-)

cost of goods       0                   $500              $500             $0

sold

Net income           0                  $50                 $100               0

We will see that  in the first and the fourth quarter ; the firm neither pay any cash to purchase goods nor collect cash for sales. Thus ; the cashflow will be zero in those instances and we will consider only the second and the fourth quarter for sales income and production cost.

SO:

Quarter 2 sales = 50 × 11 = $550

Quarter 3 sales = 50 × 12 = $600

(b) What are the cash flows for the company today and in each of the next three quarters?

Cash flow is like a database that helps to keep tracks and records the cash inflows and cash outflows of a financial instrument.

The cash flow in each month is as follows:

                        Quarter 1      Quarter 2       Quarter 3        Quarter 4

Sales                   $0                  $550              $600             $0

 (-)

cost of goods       0                   $500              $500             $0

sold

Net income           0                  $50                 $100               0

Inventories         $1000          $500                   0                  0

Account

Receivables       0                    550                  600                0

Net working

capital                 $1000          $1050             $600                0

Change in WC   $1000           $50                 $450              $600

CashFlow           $1000          $0                  $550              $600

Hint:

The Cash flow = net income - change in net working capital

The net working capital = Inventory + Account receivables

Quarter 2 sales = 50 × 11 = $550

Quarter 3 sales = 50 × 12 = $600

(c) What is Ponzi’s net working capital in each quarter? (LO1)

The net working capital in each quarter can be illustrated as :

                        Quarter 1      Quarter 2       Quarter 3        Quarter 4

Inventories        $1000             $500              0                    $0

Account recei-    0                   $550              $600             $0

vables

Net working       $1000             $1050           $600               $0

capital

8 0
3 years ago
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