Answer:
C) Lower than desired prices, which increases their sales.
Explanation:
Answer:
The correct answer is:
The contribution margin in dollars for a single product. (D.)
Explanation:
The unit contribution margin is the amount in dollars by which the price of selling a product exceeds the total variable cost incurred in the manufacture of that product. Mathematically it is the selling price of a product minus the total variable cost incurred on the single product. It is the proportion of sales revenue that is not consumed by variable costs, hence is used for the coverage of fixed costs.
The importance of unit contribution margin is that it is used to calculate the break-even price of the product, when fixed costs are made up for. It measures how growth in sales translates to growth in profits.
Business services are expense items that do not become part of a final product.
Business services are intangible items such as IT, finance, management, shipping and more. These services support each other but do not become part of the final product. Installations and supplies are both part of the final product. Supplies to build and installations to put together.
Answer:
Improving Reasoning Skills:
If one can improve one’s reasoning, one can perform anything.
High-performing workers are able to analyze sophisticated streams of data and solve complex problems.
Explanation:
Reasoning skills assist one to think critically, analyze complex problems, evaluate various solutions, and summarize wider issues and information. Thus enabled, the reasoning professional can help her organization to success by tackling problems and coming up with workable solutions. In today's organizations, leadership belongs to those who can distinguish themselves as problem-solvers. This is why it is important to hone one's reasoning and critical thinking skills in order to be a solution provider.
<span>Accounting profit is profit calculated using only the explicit costs incurred by the firm. Explicit costs are all costs that are considered to be out-of-pocket costs. These costs can include materials, salaries, rent and more. Implicit costs are opportunity costs to the firm of resources that are already owned by the company such as expanding the work building on land that has already been purchased.</span>
