Answer:
(1)
Fees revenues 42,600
Total expenses 1.92 x 4260 = 8179.2
<em>Net income 34,420.8</em>
<em>(2)</em>
Fees revenues 42,600
Variable cost 2,982
Contribution Margin 39,618
Fixed Cost 14,400
Net Income 25,218
Explanation:
(1)
We multiply by the garment cleaned
10 x 4,260 = 42,600
0.7 x 4,260 = 2982
and distribute the fixed cost among the normal capacity
14,400 / 7,500 = 1.92 fixed cost per garment cleaned
.7 + 1.92 = 2.62 cost per garment
(2)
We do not include the fixed cost in the unit cost, we subtact them completely as an expense.
Answer:
The correct option is D. Customize product offering and marketing strategy to local conditions
Explanation:
Global standardization strategy refers to the ability to use a particular standard of marketing internationally. In other words, it's the ability for an organization to use the same marketing strategy from one country to another country, and across various cultures.
What this means is that an organisation using the global standardization strategy will treat the world as largely one market and one source of supply with little local variation.
Therefore, the firms following the global standardization strategy will not Customize product offering and marketing strategy to local conditions
.
Answer:
The answer is Planning ahead.
Did some research :)
Planning your day ahead is the first and most crucial step towards effective time management. Because each hour you spend planning saves you 10 hours of doing. So, instead of jumping into your workday with no clear vision, devote some time to time management: think ahead of the activities you need to engage in.
The departure date is the date that the traveling party is scheduled to leave their home and begin the trip.
Price difference in the given scenario
- Flight destinations were constrained as a result of COVID-19. To go to Baton Rouge, Louisiana, I decided on a one-way ticket. I went with American Airlines, the first airline that appeared in the search results. I decided on July 30th for the period of less than 7 days.
- One-way coach tickets cost $186.19 with two stops and $299.46 for non-stop flights. The same flight was scheduled for August 6th less than 14 days in advance. Coach travel on American Airlines costs $89.18 for a one-way ticket.
- The next flight was on August 17th, which was more than 21 days away. On American Airlines, a one-way ticket cost $89.18. The trip that was less than 7 days out was the only one that cost significantly more.
To know more about Price from the given link
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Answer:
$180,000
Explanation:
The computation of CVP income statement is shown below:-
CVP Income statement
Sales $550,000
Variable cost $370,000
Contribution margin $180,000
Fixed cost $150,000
Operating Profit $50,000
Therefore for computing the contribution margin we simply deduct the variable cost from sales and fixed cost to arrive the operating profit
