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kompoz [17]
3 years ago
11

In 2016, Swifty Corporation sold 3000 units at $500 each. Variable expenses were $400 per unit, and fixed expenses were $270000.

The same selling price, variable expenses, and fixed expenses are expected for 2017. What is Swifty’s break-even point in units for 2017?
Business
1 answer:
andrew-mc [135]3 years ago
8 0

Answer:

The answer is: Swifty Corporation's break even point for 2017 is 2,700 units sold

Explanation:

Swifty Corporation's break even point (BEP) can be calculated using the following formulas:

  • BEP = fixed costs / contribution margin per unit
  • contribution margin per unit = sales price - variable costs

The BEP for Swifty Corporation in 2017 is:

BEP = 270,000 / (500 - 400) = 270,000 / 100 = 2,700 units

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Hi,
geniusboy [140]

Customer questions for one vendor have increased with the promotional campaign because it doesn't meet the customer satisfaction in terms of :

  • product satisfaction
  • Quality
  • Commitment to feedback

<h3>Why do companies get so much question after promotional campaign ?</h3>

Promotional campaign were to sensitize the potential customer about a particular product from a company so as to attract them to make a purchase.

However, this campaign should be able to tell more about the product up to some extent that they will get convinced about the product, failure of this will make the potential customer to inquire more out of doubt about the product and this will show in the Vendor performance metrics.

Learn more about promotional campaign at:

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7 0
2 years ago
Elaborate on two instances at the workplace where "silence is golden " may be applicable.
damaskus [11]

Answer:

It could be applicable when there is a negative compliment: When this happens it is best and advisable to be silent about it and continue with the work activities. Negative compliments are usually hurtful to the recipients and tempers may flare up if words are exchanged.

It could also be applicable when important informations are passed during meetings: Some meetings at work requires dissemination of information with various steps in accomplishing them. If an individual isn’t silent and pays less attention, a step may be missed and will make the worker being unable to perform the task.

5 0
3 years ago
The main objective of lean manufacturing is to:
Finger [1]

Answer: Option B  

Explanation: In simple words, lean manufacturing refers to the manufacturing process in which the production firm focuses on minimizing the waste that occurs in the production process and also increases the productivity at the same time.

This system was first implemented in Japanese manufacturing industry and lead to decrease in cost of production significantly. Such kinds of manufacturing is highly evident in industries prancing goods such as clothes, shoes etc.

This strategy also decreases the production cycles and increase the respond time of the firm to the market.

6 0
3 years ago
If the price level increases by 0.2 percent for every $100 billion increase in the money supply, by how much might prices rise i
Gala2k [10]

Answer:

3%

Explanation:

Increase in money supply ($ billion) = Increase in reserves / Reserve ratio

Increase in money supply ($ billion) = 150 / 0.1

Increase in money supply ($ billion) = 1,500

Increase in price level = (Increase in money supply / 100) * 0.2

Increase in price level = (1,500/100) * 0.2

Increase in price level = 3%

8 0
4 years ago
Quickie Inc., a perfectly competitive firm, currently maximizes profit by producing 400 units of output. If its marginal cost is
jeka94

Answer:

economic profit = $2000

Explanation:

given data

currently maximizes profit = 400 units

marginal cost = $25

average total cost = $20

to find out

earning economic profit

solution

first we get here Total revenues that is express as

Total revenues = currently maximizes profit  × marginal cost

Total revenues =  400 ×  $25

Total revenues = $10000

and Total cost will be

Total cost = currently maximizes profit  × average cost

Total cost = 400  ×  $20

Total cost = $8000

so economic profit will be

economic profit = Total revenues - Total cost

economic profit = $10,000 - $8,000

economic profit = $2000

8 0
3 years ago
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