Answer:
The total revenue needed to break even is $206.90 per day
Explanation:
The break even point of revenue is the total revenue earned by the firm where total revenue equals total cost and there is no profit or no loss. The break even in dollars can be calculated using the following formula,
Break even in dollars = Fixed cost / Contribution margin ratio
Contribution margin ratio = (Selling price per unit - variable cost per unit) / Selling price per unit
Contribution margin ratio = (40 - 11) / 40 = 0.725 or 72.50%
The fixed cost per day is the cost of the vending space of $150.
Break even in dollars = 150 / 0.725 = $206.896 rounded off to $206.90
Goodwell will recognize 3 months (Oct 1 - Dec 31) of rent revenue earned, and will reduce (debit) the unearned rent revenue for those 3 months.
2,500 x 3 months = 7,500
Journal Entry, Dec 31:
Unearned Rent Revenue: 7,500
Rent Revenue: 7,500
The new Unearned Rent Revenue Account balance will be:
12,500 - 7,500 = 5,000
Increases and supply does not change, when demand does not change and supply increases.
Answer:
Charge a lower price in the United States and a higher price in Japan.
Answer:
While Sony and Microsoft focused on the graphics and raw processing power favored by hard-core male gamers, Nintendo chose to develop a machine to appeal to families, women, and age groups that normally shunned violent games.
The strategy adopted by Nintendo in this example is the _____ strategy.
C) blue ocean
Explanation:
Blue ocean is a strategy that says innovation, simultaneous pursuit, and low cost are key concepts to achieve a successful business and establish an advantage in the market. It is a very proactive system that allows the constant improvement, elimination, reduction, and creation of corporate actions. It is a global and general perspective that allows the management team to know the state of the company at any time.
