They are developing a marketing strategy to build their advertising message, position and brand recognition upon.
Answer:
compile and analyze the data
Explanation:
Since Peter has already identified the problem, his next step is to compile and analyze the data. This will allow Peter to see all of the data together and try to find what the cause of the problem actually is, which will ultimately allow him to develop a solution to it. This is done by inspecting and cleaning the data in order to find useful information, informing conclusions and data supporting decision-making.
It already does affect the workplace.
Answer:
(1) $132,000
(2) $66,000
Explanation:
Selling price per unit:
= Sales ÷ No. of units
= $400,000 ÷ 5,000
= $80
Variable cost per unit:
= variable cost ÷ No. of units
= $247,000 ÷ 5,000
= $42
Alternative 1:
Contribution margin = Sales - variable cost
= (5,000 × $80 × 1.1) - (5,000 × $42)
= $440,000 - $210,000
= $230,000
Net income = Contribution margin - Fixed cost
= $230,000 - $98,000
= $132,000
Alternative 2:
Contribution margin:
= sales - variable cost
= $400,000 - ($400,000 × 59%)
= $400,000 - $236,000
= $164,000
Net income = Contribution margin - Fixed cost
= $164,000 - $98,000
= $66,000
Answer:
Mainline should recognize a revenue of $32 million in 2012.
Explanation:
percentage-of-completion method:
Total Expenses = $60 million
Expenses during the Year 2012 = $24 million
Percentage of complition = 24/60
= 40%
Revenue can be recognised = $80 million*40%
= $32 million
Therefore, Mainline should recognize a revenue of $32 million in 2012.
