Based on the amount to be sold and the intended level of earnings, the selling price per unit should be<u> $3.40</u>
The Contribution margin needed is:
<em>= Fixed cost + Required earnings </em>
= 250,000 + 260,000
= $510,000
To get to this amount, the sales should be:
<em>Contribution margin = Sales x ( Selling price - Variable cost)</em>
510,000 = 250,000 × 0.6x
510,000 = 150,000x
x = 510,000 / 150,000
x = $3.40
In conclusion, the selling price is $3.40
Find out more about intended selling price/ quantity at brainly.com/question/25638811.
Answer: the population for the study is the Hilton Honors Club members.
Explanation:
To gather facts on factors about increasing loyalty, Hilton will have to carry out a survey that will be sent to all of its Hilton Honors club members because these members are the ones who are already loyal to the Hilton brand whenever they travel and can be easily assesible. From Thier valid reports, Hilton will understand how best to increase loyalty from its other remaining 90% visitors.
Answer:
Bad debt expense for 2020 is - $ 2,234
Explanation:
Adjustment to the Allowance for Doubtful Debts (Increase or Decrease) are recorded in the Income Statement as part of Bad Debts Expenses as follows;
<em>Increase in Allowance for Doubtful debts = Increases the Bad Debts Expense</em>
<em>Decrease in Allowance for Doubtful debts = Decreases the Bad Debts Expense</em>
During the Period Allowances for Doubtful Debts are calculated as :
Allowances for Doubtful Debts = $53,600 × 6%
= $ 3,216
Bad Debt Expense = $ 3,216-$5,450
= - $ 2,234
Enterprise, it's called an enterprise
Answer:
The answer is $1,701 billion
Explanation:
Gross Domestic Product (GDP) is the cumulative (total) market value of the final outputs (goods and services) produced within an economy(country) during a given period of time usually a year.
GDP = C + I + G + (X - M)
where C - expenditure by households or consumers
I - investments by businesses or firms
G - expenditure from the government
X - exports from the country
M - imports into the country
Total consumers' expenditure is:
durable goods = $200 billion;
nondurable goods = $350 billion; services = $600 billion
Total. $1,150 billion
Total business investment is $200billion
Therefore, GDP is
$1,150 + $200 + $400 + ($30 - $79)
=$1750 - $49
= $1,701 billion
