<span>The
excess is called a net loss. Net loss happens when the amount of expenses exceeds
the amount of revenues generated. Net loss is the difference between the
revenue and expenses wherein the expenses is bigger than the revenues. The
excess is the amount of money the company had overspent. </span>
The answer is C.
We compare between the 2 plans ( making vs buying) for explanation.
Making: you will have to incur $190,000 variable cost and $30,000 fixed cost. Total cost is $220,000
Buying: Variable cost can be avoided. Cost incurs for buying is $190,000. Besides, we save $5,000 fixe cost => fixed cost only at $25,000. Total cost $215,000.
=> Saving $5K if we buy instead of making
It means the country is producing more capital goods than the consumer goods.The economy of the country will rise along with the rise in capital goods
Answer:
Place
Explanation:
The marketing mix is defined as a set of the marketing tools which the organizations use them to obtain their marketing objectives in their target markets.
In other words, it is the foundation model for the businesses. It defines the key management decisions that are needed to achieve success in the marketing world.
The four P's in marketing are :
price
, product
, place and promotion.
A product's target market is a part of 'place' of the 4 P's of the marketing strategy.
Answer:Cost of Goods Sold =$29,300
Explanation:
Cost of goods sold refers to the costs (direct costs) a business incurs in the production of goods sold by a company. it is calculated as
Cost of goods sold =Cost of manufactured Goods + Beginning finished goods inventory - Ending finished goods inventory
Cost of Goods Sold = $32,500 + $14,600 - $17,800
Cost of Goods Sold =$47,100- $17,800
Cost of Goods Sold =$29,300