1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sashaice [31]
3 years ago
12

Woodridge Corporation manufactures numerous products, one of which is called Alpha-32. The company has provided the following da

ta about this product: Unit sales (a) 97,000 Selling price per unit $ 75.00 Variable cost per unit $ 60.00 Traceable fixed expense $ 1,304,000 Management is considering increasing the price of Alpha-32 by 6%, from $75.00 to $79.50. The company’s marketing managers estimate that this price hike would decrease unit sales by 5%, from 97,000 units to 92,150 units.Assuming that the total traceable fixed expense does not change, what net operating income will product Alpha-32 earn at a price of $79.50 if this sales forecast is correct?
Business
1 answer:
RUDIKE [14]3 years ago
5 0

Answer:

$492,925

Explanation:

Net operating income of product Alpha- 32 at a price of $79.50 if the sales forecast is correct.

Unit sales = 92,150 units as per sales forecast

Selling price per unit = $79.50

Contribution:

= Sales - variable costs

= (units sold × Selling price per unit) - (units sold × Variable cost per unit)

= (92,150 × $79.50 ) - (92,150 × $60.00)

= $7,325,925 - $5,529,000

= $1,796,925

Net operating income:

= Contribution - Fixed cost

= $1,796,925 - $1,304,000

= $492,925

You might be interested in
sean, 17, a snowboarder, signs a long-term endorsement agreement for sportswear. he endorses the products and deposits his compe
Degger [83]

A settlement made with the aid of using a minor is frequently voidable, however a minor can most effective keep away from a settlement all through his or her minority popularity and for an inexpensive time after he reaches the age of majority.  After an inexpensive length of time, the settlement is deemed to be ratified and cannot be avoided.

  • Facts of the case: Sean, 17, a snowboarder, signs a long-term endorsement agreement for sportswear. At age 19, he wants to void the agreement by claiming that he lacked capacity when he signed the deal at 17.
  • Rule of Law: Minor's Contracts are voidable at the option of Minor.
  • Analysis: Since, Minor's Contract is voidable at the option of the Minor who Signs the Contact can either honor the contract or void the contract. A minor can void a contract for lack of capacity, only when he is still under the age of majority. If a minor turn 18 i.e., After attaining Majority and hasn't done anything to void the contract, then the contract can no longer be voided.
  • Here, Sean has not done anything to void the contract on attaining the age of 18. So, he at the age of 19, cannot void the agreement by claiming that he lacked capacity when he signed the agreement at 17.
  • Decision: Sean Vs. Sportswear Company: In the light of the above provisions, a Court will not permit Sean to now void the agreement.

Learn more about minority popularity here:

brainly.com/question/14457086

#SPJ4

8 0
1 year ago
On January 1, 20X8, Polo Corporation acquired 75 percent of Stallion Company's voting common stock for $300,000. At the time of
polet [3.4K]

Answer:

Polo will report $318,750 as its investment in Stallion at December 31, 20X8

Explanation:

Common stock = $300,000 acquired at 75%

Net income = $40,000

Pay dividends = $10,000

Increase in value of Patent = $50,000    

Economic Life = 10    

Amortization = $5,000    

Therefore, the $ 5000 would be reduced from the net income.

Investments in Polo = $300,000 + [0.75 × (40000 - 10000 - 5000)]

= $300,000+ 0.75(25,000)  

= $300,000+ $18,750    

= $318,750    

7 0
3 years ago
Which category (or type) of consumer products are: (1) relatively expensive, (2) infrequently purchased, and (3) buyers are will
artcher [175]

Answer:

consumer products provided are categorized thus:

(1) relatively expensive: a computer system

(2) infrequently purchased:  A car

(3) buyers are willing to expend considerable effort in planning and making purchases: A house

Explanation:

Consumer products are defined as products that satisfy a consumer's wants or needs. There can be convenient, affordable as well as expensive and infrequently purchased.

Consumer goods are final goods sold to consumers for  use. It is usually not used as means for further economic production activity.

Some consumer goods are durable and can last for up to three years or more while some are perishable with expiry dates and must be consumed within a short pace of time.

Finally, consumer goods can be grouped into different categories based on consumer behavior depending on how frequently they are used.

7 0
3 years ago
Keynesians a. advocate for a laissez-faire approach. b. believe that equilibrium may exist at less than full employment.c. belie
Olin [163]

Answer:

c. believe in the use of fiscal policy to stabilize the economy.

Explanation:

According to Keynesian theory, the sum of some micro-economic behaviors of all individuals and businesses results in inefficiency and the economy operates at a level below its potential output and growth. When total demand for products is insufficient, the economy enters a crisis and unnecessary unemployment arises due to defensive behavior of the producers. In such cases, the government may pursue policies to increase aggregate demand, and as a result may accelerate economic activities and reduce unemployment. Most Keynesian propose policies to stabilize the business cycle. For example, when the unemployment level is too high, the state can pursue a growth-oriented monetary policy.  , one of the most famous of his critiques, Keynes argues and did not agree with "The Laissez-faire" that he opined  the doctrines of laissez-faire are dependent on some extent on a case-by-case basis.

8 0
3 years ago
a written document prepared by an entrepreneur that describes all the relevant external and internal elements involved in starti
loris [4]

A written document prepared by an entrepreneur that describes all the relevant external and internal elements involved in starting a new venture is known as a(n) business plan.

in the field of business, an idea or strategy that you formulate in order to set up a business is referred to as a business plan.

Based on these ideas, a written document is made in which all the ideas and strategies for the business are expressed.

A business plan describes all the factors and elements that will be required in the new business.

A business plan makes it easier to execute the plans made for a business or a new venture.

To learn more about business plan, click here:

brainly.com/question/25311149

#SPJ4

5 0
1 year ago
Other questions:
  • Explain in your own words assertiveness and power distance as it relates to management. Provide your own examples. g
    12·1 answer
  • A monopolist practicing (perfect) price discrimination has :
    11·1 answer
  • Obviously, the lifetime membership isn’t a good deal if you only remain a member for a couple of years, but if you remain a memb
    15·1 answer
  • Sharon knew that her established customers liked her product much better than the competitors. She was planning to expand into n
    9·2 answers
  • Henry Corporation bases its predetermined overhead rate on the estimated machine-hours for the upcoming year. At the beginning o
    9·1 answer
  • Ay someone explain why $MARA & $RIOT stock been doing real bad while BTC be going up up and up ​
    6·1 answer
  • Relationship between technology and technical profession with example
    13·1 answer
  • How long do you have to file a complaint with osha ?
    6·1 answer
  • During a time of inflation, what happens to the value of the dollar?
    5·1 answer
  • True or false: banks keep a portion of their reserves in their own vaults.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!