11.68 $ a month, i believe thats the answer, if not its pretty close...
Answer:
industry driving forces and competitive pressures favor some companies or groups and hurt others and the profit potential of different strategic groups varies because of strengths and weaknesses in each strategic group's position.
Explanation:
Strategic groups in this context refers to a group of entities who impose a similar business model/strategy.
Often times, simply by implementing similar strategies wouldn't necessarily give them similar results.
There are other factors that influence the way people behave in the market
For example
Some companies have a certain reputation that becomes a driving force for the consumers to purchase their product. Even if these companies implemented a wrong business model, they wouldn't receive as much damage since their reputation will made customers constantly back to purchase their product.
Another factors would be internet and technologies as a driving force. Often times, many people spread unjustified attacks toward a company that might ruin their sales.
Answer:
To decide if a project is feasible or not.
Explanation:
Feasibility analysis is an important tool to determine if a business model should be attempted or not. It helps to determine all the aspects of a business from a social perspective to economic aspects. Before implementing a project a feasibility report is designed to analyse the worth of a project and whether it is feasible to continue the project or not.
It is important to conduct a feasibility study before the business plan. If the feasibility study shows positive results than it is feasible to move towards designing a business plan. A business plan is developed after the opportunity is created and that opportunity is created by feasibility analysis. So, a feasibility analysis is very important to identify and execute an opportunity.
Answer:
<u>Income Statement for the Current Year under Variable Costing</u>
Sales (825 × $1,075) $886,875
Less Cost of Sales
Opening Stock $0
Add Cost of Goods Manufactured ( 1075 × $400) $430,000
Less Closing Inventory (250 × $400) ($100,000) ($330,000)
Contribution $556,875
Less Expenses :
Fixed Manufacturing Overheads ($107,500)
Selling and administrative expense : Variable ($75,000)
Selling and administrative expense : Fixed ($135,000)
Net Income / (Loss) $239,375
Explanation:
Under variable costing, only variable costs of production are included in cost of goods sold. Both the Non - Production and Fixed Production Costs are treated as Period Cost Expensed during the year.
Answer:
D) The focus in service is on revenue maximization, while the focus in manufacturing is on cost minimization.
Explanation:
You can set up a manufacturing location in different places, mostly depending on the costs associated with the supply management (both upstream and downstream).
While location is extremely important for a service provider and its capacity to generate revenue, e.g. a hotel or a restaurant cannot be located in the middle of nowhere.
