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Anettt [7]
3 years ago
15

ony Manufacturing produces a single product that sells for $ 80. Variable costs per unit equal $ 45. The company expects total f

ixed costs to be $ 83 comma 000 for the next month at the projected sales level of 2 comma 600 units. In an attempt to improve​ performance, management is considering a number of alternative actions. Each situation is to be evaluated separately. Suppose that management believes that a 10​% reduction in the selling price will result in a 10​% increase in sales. If this proposed reduction in selling price is implemented​ ________.
Business
1 answer:
bogdanovich [222]3 years ago
8 0

Answer:

It is not convenient to reduce the selling price by 10%.

Explanation:

Giving the following information:

Selling price= $ 80.

Variable costs per unit= $ 45.

The total fixed costs= $83,000

Units= 2,600

Suppose that management believes that a 10​% reduction in the selling price will result in a 10​% increase in sales.

New price= 80*0.90= $72

Units= 2,600*1.10= 2,860

We need to determine the effect on income.

First, we calculate the present income:

Income= 2,600*(80-45) - 83,000= $8,000

Now, we can calculate the effect on income:

Effect on income= 2,860*(72 - 45) - 83,000= -$5,780

It is not convenient to reduce the selling price by 10%.

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irina1246 [14]

Answer:

C) Rico, a curious person who loves art and buys the latest gadgets.

Explanation:

The candidate who would best meet Cung's requirements would be Rico.

It is possible to make this decision by analyzing the characteristics of each of the candidates available for the job vacancy.

The necessary requirements for the vacancy are: an employee to recognize when new approaches are needed and learn what customers need and quickly present an innovative way to serve them.

Analyzing Lanny's profile, it is clear that he is not the ideal candidate, as he forces others to do things his way, which does not constitute an attitude of recognizing new approaches and maintaining a posture favorable to innovation.

Another candidate, Gale, a lovely character who encourages and helps everyone, but there is no information if he has the necessary knowledge to serve customers and present solutions related to the technological field.

Gage, a very successful self-proclaimed "old school" worker, is also not an essential candidate for promoting new approaches and innovation.

And Jennifer, a methodical worker, also lacks the essential requirements, as an innovative attitude requires an employee with a more flexible posture to accept new ideas and approaches.

Therefore Rico would be the most suitable to be hired, as he has a curious and consumer profile of the latest technological devices, which could assist customers in their choice and also accept new innovations and approaches.

6 0
3 years ago
Lindsey needs a car to get back and forth from her home in the city to her university, which are 4 miles apart. When shopping fo
Brilliant_brown [7]

Answer:

Impulse Buying

Explanation:

She isn't thinking about the long term effects of her purchase, like the repayments, but is instead thinking about her short term gain.

5 0
3 years ago
Criminal investigation help please
Yakvenalex [24]
It cant be B because the exit wound is usually big , so im going with A
5 0
3 years ago
Read 2 more answers
Suppose at the going wage rate of $20 per hour, firms can hire as many hours of janitorial services as they desire. If any firm
Reika [66]

Answer:

d. Supply is perfectly elastic.

Explanation:

Perfectly elastic supply is when a change in price causes supply to fall to zero.

The supply curve is usually an horizontal line.

I hope my answer helps you

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The loan-to-value ratio is 80%. a buyer wants to acquire a property with a purchase price of $116,000. calculate the required do
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