Answer:
b. 18,602 units.
Explanation:
First, we need to use last year's information to determine last year's fixed costs.
Price (P1) = $7.68
Variable costs (VC1) = $2.25
Units sold to break-even (n1) = 21,800
At the break-even point, net income is zero and the fixed cost can be found by:
With information from last, information for the current year can be determined:
Price (P2) = $10.00
Variable costs (VC2) = $2.25 x 1.3333 = $3.00
Fixed cost (FC2) = $118,374 x 1.10 = $130,211.4
The number of units required to break even is:
Rounding up to the nearest whole unit, Dorcan Corporation must sell 18,602 units to break-even.
Answer:
Yes, the contract is still valid.
Explanation:
Let us first clarify some terms first.
A contract is referred to as a legally binding agreement that is recognized, known and governs the rights and duties of the parties involved in an agreement. A contract is legally enforceable because it meets the features and approval of the law. An agreement basically involves the exchange of goods, transactions, services, money, or promises. In the case of breach of contract, the law awards the injured party access to legal remedies which include damages and cancellation.
Letter of revocation is an act by which a person having authority, calls back or in other words annuls a power, gift, or benefit, which had been bestowed upon another.
Yes, the contract still holds. This is due to the reason that the letter had a date mentioned on it which is August 4, a day before the contract was accepted even though the revocation letter arrived late.
Therefore, as regards to the date on the letter, the contract is still valid.
Answer:
the planned shortage in dollars is $19,499.60
Explanation:
The computation of the planned shortage in dollars is shown below:
= Percentage of planned shortage × planned net sales
= 1.64% × $1,189,000
= $19,499.60
hence, the planned shortage in dollars is $19,499.60
We simply applied the above formula so that the correct value could come
And, the same is to be considered
<span>To create a competitive advantage that is sustainable over time, the international company should try to develop competencies that create value for customers and value they are willing to pay for in that item.
When you have a competitive advantage you are creating value in your product that make a consumer buy it over another similar product. Making sure the item and the value created for the customer match the price point it's set at.
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