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3 years ago

What are price points”

Business

2 answers:

tatyana61 [14]3 years ago

5 0

Answer:

a point on a scale of possible prices at which something might be marketed

Explanation:

a point on a scale of possible prices at which something might be marketed

Tasya [4]3 years ago

3 0

Answer:

Your parents go crazy because they dont know what to do about your learning issues

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Cruiseline offers nightly dinner cruises off the coast of Miami, San Francisco, and Seattle. Dinner cruise tickets sell for $

sertanlavr [38]

Answer:

a. Contribution margin per passenger ($50-$20) = $30

b. Contribution margin ratio (30/50) = 60%

c. Operating Income (390000-270000) = $120,000

d. Operating Profit = $42,000

Explanation:

a. Contribution formula = Sale - Variable Cost

Sale price per passenger = $50

Variable Cost per passenger = $20

Contribution margin per passenger ($50-$20) = $30

b. Contribution Margin ratio formula = Contribution/Sale

Sales per passenger = 50

Contribution per passenger = 30

Contribution margin ratio (30/50) = 60%

c. Operating profit = Contribution margin- Fixed Cost

Monthly sale total for 13000 passenger

Sale per passenger = $50

Total sale for 13000 passenger 13000*50 = $650,000

Contribution Margin per passenger =$30

Total Contribution margin for 13000 passenger = 13000*30 = $390,000

Less: Fixed Cost = 270,000

Operating Income (390000-270000) = $120,000

d. Contribution margin formula= (Sale x Contribution margin ratio)

Contribution margin = (520000*60%) = $312,000

Less: Fixed Cost = 270,000

Operating Profit = $42,000

3 0

3 years ago

Read 2 more answers

Variance reports are: internal reports for management external financial reports SEC financial reports all of these

alina1380 [7]

Variance reports are internal reports for management. They are used primarily for the purposes of internal accounting and auditing.

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3 years ago

The Laramie factory runs two departments: the Preparation Department and the Processing Department. The departmental overhead co

Westkost [7]

Answer:

The answer are:

$62.50 per direct labor hour - for preparation department
$33.33 per direct labor hour - for processing department

Explanation:

To calculate the departmental overhead cost per direct labor hour we must divide the total overhead cost over the total amount of direct labor hours.

Preparation department: $25,000 / 400 DLH = $62.50 per DLH

Processing department: $20,000 / 600 DLH = $33.33 per DLH

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3 years ago

Owner has a place on his land where he piles trash. The pile has been there for three months. John, a neighbor of Owner, without

exis [7]

Answer:Tort of trespass

Explanation:Tort is used in legal terms to mean an intentional or unintentional wrong commited against a person by another person which must have led to damage or losses to the plaintiff.

Tort of trespass is a civil wrong commited by a person through his interference or unapproved use or entry into another person's space.

JOHN COMMITTED A TORT OF TRESPASS AS HE PENETRATED THE LAND OF HIS NEIGHBOR AND DROPPED TRASH WITHOUT THE CONSENT OF THE NEIGHBOR WHO OWNS THE PROPERTY.

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3 years ago

The following information is available at the end of May:Balance in work in process on May 1 $57,600Direct material costs for Ma

Vsevolod [243]

Answer:

Work in process account= $76,680

Explanation:

Giving the following information:

Balance in work in process on May 1 $57,600

Direct material costs for May $89,200

Overhead applied at a rate of 120% of direct labor dollars

Direct labor= $76,500

Jobs completed during May and transferred to finished goods inventory was $242,420

Work in process account= Beginning work in process+direct materials + direct labor + manufacturing overhead - Jobs completed during May

Work in process account=57600 + 89200 + 76500 + (76500*1.20)- 242420

Work in process account= $76,680

5 0

3 years ago