Answer:
The correct answer is option (c).
Explanation:
According to the scenario, the computation of the given data are as follows:
Budget sales of October = $500,000
Budget sales of November = $440,000
So, we can calculate the cash that will receive in November by using following formula:
Cash receive in November = Credit Budget sales of October + Cash budget sales of November
= ($500,000 × 50%) + $440,000 × 50%)
= $250,000 + $220,000
= $470,000
Answer:
$50 and $2
Explanation:
The computation of the total revenue and the marginal revenue is shown below:
Total revenue is
= Price × quantity
= $2 × 25
= $50
And, the marginal revenue is received collected from one unit i.e price of the one units that equivalent to $2
Hence, we simply applied the above formula to determine the total revenue and the marginal revenue
Answer:
<u>Market-based cost.</u>
Explanation:
Market-based cost can be defined as a strategy to set prices according to the prices practiced by markets similar to the market in which your company operates.
Therefore, the organization will evaluate how pricing will be carried out, which will depend on whether the product will have more or less resources than similar products on the market, and then will be able to price the product as more expensive or cheaper than competing products.