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salantis [7]
3 years ago
4

Diamond Boot Factory normally sells their specialty boots for $375 a pair. An offer to buy 100 boots for $275 per pair was made

by an organization hosting a national event in Norfolk. The variable cost per boot is $250 and special stitching will add another $20 per pair to the cost.
Determine the differential income or loss per pair of boots from selling to the organization.
Business
2 answers:
natima [27]3 years ago
6 0

Answer:

$5

Explanation:

Differential revenue:

Revenue per pair of boots $275

Differential costs:

Variable manufacturing costs $(250)

Additional decoration (20) (270)

Differential profit from accepting special order($275-$270) $5

Therefore the differential income or loss per pair of boots from selling to the organization will be $5 which means Diamond Boot Factory should accept the special order.

Black_prince [1.1K]3 years ago
3 0

Answer:

incremental income of $ 500 will result from the special offer.

Explanation:

Consider the incremental costs and revenues resulting from accepting the special offer.

Sales (100×$275)                                27,500

Variable cost (100×$250)                  (25,000)

Special Stitching  (100×$20)               (2,000)

Net Income/Loss                                      500

Therefore an incremental income of $ 500 will result from the special offer.

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Wayne Industries is building a new prototype riding lawnmower especially for women. The marketing strategy for the product has b
7nadin3 [17]

Answer:

The answer is option E) The new-product idea is at the last stage of the development process.

Explanation:

The are several stages in the development of a new product idea. Beginning with initial idea generation all the way to the final evaluation stage.

The new prototype riding lawnmower especially for women designed by Wayne Industries is at the last stage of the development process.

The last stage of the development process also known as the Evaluation phase is characterized by:

  • Presenting the marketing strategy developed for the product.
  • ensuring that the product meets all the CPSC product specifications and leaves little chance for any product liability issues.
6 0
3 years ago
Find the mean, median and mode for the above set of data
qwelly [4]

Answer:

a. Mean = 35.2 ≈ 35

b. Median = 35.6 ≈ 36

c. Mode = 36.6 ≈ 37

Step-by-step Explanation:

==>Given:

Class of ages in yrs

No. of cases of each class = f

Midpoint of each class = x

Product of midpoint and no. of cases of each class = fx

==>Required:

a. Mean

b. Median

c. Mode

==>SOLUTION:

a. Mean = (Σfx)/Σf

Σf = sum of no. of cases = 5+10+20+22+13+5 = 75

Σfx = 47.5+195+590+869+643.5+297.5 = 2,642.5

Mean = 2,642.5/75 = 35.2 ≈ 35

b. Median = Lm + [((Σf/2) - Cfb)/fm]Cw

Our median is between the 37th and the 38th term, which can be found in the class interval 35-44. This is our median class.

Lm = Lower class boundary of the median class = lower limit of the Medina class + upper limit of the class before the median class ÷ 2 = (35+34)/2 = 34.5

Σf/2 = 75/2 = 37.5

Cfb = Cumulative frequency of class before the median class = 5+10+20 = 35

fm = frequency of the Medina class = 22

Cw = Class width = upper class boundary - lower class boundary = 44.5-34.5 = 10

Median = 34.5 + [(37.5-35)/22] × 10

= 34.5 + [2.5/22] × 10

= 34.5 + [25/22]

= 34.5 + 1.1

= 35.6 ≈ 36

c. Mode = Lm + [∆¹/(∆¹+∆²)]Cw

Modal class = (35-44) [i.e. the class with the highest frequency, which is where our mode falls in]

Lm = lower class boundary of the modal class = lower limit of the modal class + upper limit of the class before the modal class ÷ 2 = (35+34)/2 = 34.5

∆¹ = difference between the frequency of the modal class & the frequency of the class before the modal class = 22 - 20 = 2

∆² = difference between the frequency of the modal class & the frequency of the class after the modal class = 22 - 13 = 9

Cw == Upper class boundary - Lower class boundary = 44.5 - 34.5 = 10

Mode = 34.5 + [2/(2+9)] × 10

= 34.5 + [2/11] × 10

= 34.5 + [20/11]

= 34.5 + 1.8

Mode = 36.6 ≈ 37

8 0
3 years ago
The prisoners' dilemma is ____________ with a ____________ equilibrium that is not the best outcome for both players.
yan [13]

Regardless of what the other prisoner​ does, the excellent strategy for each prisoner is to confess.

Rationalization:

The prisoner's predicament describes a state of affairs in which prisoners find themselves in an instead complex scenario. in the event that they both deny the crime, they are collectively better off. but, the interrogators offer a deal that forces them towards a confession.

The shortage of belief in a few of the prisoners is so sturdy, that they emerge as confessing. that is made feasible through keeping them remoted from every different and developing incentives to admit. sufficient worry is generated, in addition to the temptation of praise is also given.

Each prisoner gets tempted with the aid of the fast jail term and turn out to be confessing. This simply makes their punishment pretty big, and also well-known for showing critical secrets and techniques to the police.

The collision between the various two prisoners ought to be robust and sufficient for both of them to disclaim. but, this doesn't manifest, and each of them gets lured by means of the police. that is also their dominant method.

Learn more about confessing here

brainly.com/question/26210840

#SPJ4

7 0
2 years ago
The wealth of the owners of a corporation is represented by​ ________.
Sveta_85 [38]

Answer:

The answer is B. share value

6 0
3 years ago
Differentiate between saving account and current account.​
Afina-wow [57]
A savings account is an account held at a bank or another financial institution. This account could be seen online and is used to store money and earn interest on that money.
A savings account saves your money.


A current account is a bank account that keeps your money safe and secure, it helps manage finances and is easy to make payments with. With a current account you can have deposits, withdrawals, etc. In an current account an amount can be deposited and withdrawn at any time without any notice needed.
6 0
3 years ago
Read 2 more answers
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