Answer:
$12,100
Explanation:
The contribution margin of a product may be defined as the price of the product minus the associated variable cost which results in the incremental profit that is earned when one unit of the product is sold. It is obtained by subtracting the total variable cost from the total sales of the product.
In the context, the total contribution margin of a product for the month under the variable costing would be $12,100 for the manufacturing company.
This is an example of the Diversification Growth Strategy.
<h3>
What is a Diversification Growth Strategy?</h3>
A growth strategy known as diversification is expanding your business into a new market or industry while also developing a new product specifically for that market.
There are six well-known categories of diversification tactics:
- Vertical diversification
- Vertical diversity
- Diversity within a group.
- Diversification inside conglomerates.
- Diversifying defensively.
- Diversity in the offense.
The goal of diversification is to enable the corporation to enter business sectors that are distinct from its current operations.
By investing in assets that cover a variety of financial instruments, industries, and other categories, diversification lowers risk. While systematic or market risk is typically unavoidable, unsystematic risk can be reduced by diversification.
To know more about Growth Strategy refer to: brainly.com/question/14546783
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Answer: Contract manufacturing
Explanation:
The contract manufacturing is the process of production of various types of products and the services in an organization on the contractual basis and it is one of the form of outsourcing process.
When the contract manufacturer perform the packaging operation of the products in an organization then, it is known as the contract packager.
The contract manufacturing is also sometimes known as the private label manufacturing because some manufacturer provide the products and the services according to their own design and the specification.
Therefore, contract manufacturing is one of the example that best illustrate the given scenario for entering in the foreign market.
<u>Explanation:</u>
The revenue for the government is sourced through taxes. The government spends the tax money in three categories they are compulsory spending, discretionary spending and paying interest on the federal debt.
Mandatory spending by the government includes spending for medical aid, social security and other welfare programs such as unemployment, child nutrition programs, under privileged families etc. Discretionary spending is used for defense and non defense expenses. Non defense expenses are urban development. Veterans and students education are the other programs for which the government spends.
The correct answer among the choices given is the third option. Speculation would mean to an economist as making high-risk investments with borrowed money. It is the purchase of something hoping for it to be more valuable at a certain time.