Answer:
Instructions are listed below.
Explanation:
Giving the following information:
The company plans to sell 3,500 pairs of shoes at $60 each in the coming year. The unit variable cost is $21.
1) We need to use the following formula:
variable cost ratio= Variable cost/ selling price
variable cost ratio= 21/60= 0.35
2) We need to use the following formula:
Contribution margin ratio= (selling price - unitary variable cost) / selling price
Contribution margin ratio= (60 - 21) / 60= 0.65
Answer:
A. Number of sales people employed by the firm's major competitors.
Explanation:
A sales forecast is simply a process of evaluating future sales. The number of sales people employed by a firms' competitor is not a factor to consider in developing a sales forecast. It has no influence in the actualization of a definitive sales forecast.
Corporate strategy correlates with achieving the highest profit margins, and ROI attracts more customers.
Strategy is the long-term plan that a business creates to achieve its desired future state. Your strategy includes your company goals, the type of product/service you want to develop, the customers you want to sell to, and the markets you want to serve profitably.
His three examples of these corporate strategies are applicable at certain times in the life of a company. Grow: Expand your business and increase your profits. Stability: To maintain continuous business operations. Renewal: To revive a declining business.
According to Porter's general strategy model, an organization has his three basic strategic options for achieving competitive advantage. These are cost leadership, differentiation and focus.
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c. It is not specific and measureable.
i hoped this helped
Answer:
Annual financial disadvantage = $ (669,600)
Explanation:
Relevant cost are future incremental cash costs that arise as a direct consequence of a decision.
The relevant costs of this decision to disconnected includes the following:
- The variable cost of making the product = $19 per unit
- Sales revenue at a price of $25
- Savings in avoidable fixed costs (102,000-72,000) = 30,000
Annual financial advantage
$
Lost contribution $(25-19)× 4,300 units = (85,800)
Saving in fixed cost = <u> 30,000</u>
M<em>onthly net loss </em><em><u> 55,800</u></em>
Annual financial disadvantage
Monthly net loss × 12 months
= (55,800) × 12
= $ (669,600)
