Answer:
$725000
Explanation:
The break-even point is the point at which the firms total expenses is equal to its total revenue and it neither makes a profit nor a loss. At any point before this, the firm makes a loss and at any point after this, the firm is making a profit. This is because, it has got to a point where after the unit variable costs are covered from the revenue, there is enough to cover fixed costs as well because the firm’s fixed costs are now being spread over a greater number of units.
The break-even point is calculated as:
Fixed costs / (Selling price per unit - variable cost per unit)
Hence, in this case : $253750 / ($100 - $65) = 7250 units.
In dollars, this would be...
Revenue : 7250 x $100 = $725000
Expenses : $253750 + ($65 x 7250) = $725000
Answer:
a. national responsiveness.
Explanation:
Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.
A multinational corporation (MNC) can be defined as any business that has productive activities in two or more countries.
This ultimately implies that, a multinational corporation (MNC) has a central corporate facility but their products are not coordinated because their respective foreign markets offer unique products and services.
National responsiveness can be defined as the need for multinational corporation (MNC) to respond to the political, economic, and organizational forces that exist in different countries as a result of their similarities and differences in culture, policies, law, and regulations imposed by autonomous governments.
A good national responsiveness would help multinational corporation (MNC) to have a better understanding of the different consumer tastes in the markets they are operating in.
The answer is $275,000 this is because this is the last accepted offer on the land. All others are appraisals or offers but not the recorded value of the land.
Answer:
Option (C) is correct
Explanation:
Coke and Pepsi are substitute goods, which means that there is a positive relationship between the price of coke and the demand for Pepsi. If the price of coke increases then as a result the demand for Pepsi increases though the price of Pepsi remains the same and if the price of coke decreases then as a result the demand for Pepsi decreases.
This shows that cross-price elasticity of demand between Coca-Cola and Pepsi is likely to be Positive because both are substitute goods.
Answer:
The manufacturing overhead cost during the year=$128,000
Explanation:
The manufacturing overhead costs can be calculated using the formula below;
O=C-M
where;
O=manufacturing overhead costs
C=conversion costs
M=material costs
In our case;
O=unknown
C=$728,000
M=$600,000
replacing;
O=728,000-600,000=128,000
O=128,000
The manufacturing overhead cost during the year=$128,000