Answer:
The firm will sell 600 units at $20
Explanation:
Giving the following information:
d = annual demand for a product in units
p = price per unit
d = 800 - 10p
p must be between $20 and $70.
Elastic demand
We have to calculate how many units the firm will sell at $20
d=800-10*p=800-10*20= 600 units
Answer:
1- Industrial distributors
Explanation:
1- They are independent wholesalers that often have a sales force they call on purchasing agents, they also make deliveries, extend credit and provide valuable information. This kind of distributors are used in different industries such as manufacturing, mining, etc.
2- Marketing concept: It is a Philosophy that establish a Company should analyze which are their client´s need and after that, make decisions to satisfy those need, better than anyone else. This concept is adopted by most of the firms nowadays.
They're qualified and have the right certifications. ...
They're available all year. ...
They understand your financial goals. ...
The variance for net operating income in the revenue and spending variance column on the flexible budget performance report) for September would be closest to $910.
Explanation:
Following are the cost which are listed as follows,
- Variable element per month client-visit Revenue = $44.50
- Personnel expenses= $26,100 $12.60
- Medical supplies= 6007.20
- Occupancy expenses= 6,500
- Administrative expenses= 3,100
- Total expenses= $36,300 $22.30
- Actual results achieved in the month of September is as under:
- Revenue= $93,240
- Personnel expenses= $50,754
- Medical supplies= $15,328
- Occupancy expenses =$11,646
- Administrative expenses= $3,394
- The formula for net operating income is calculated by subtracting the operating expenses from the total revenues.
- A flexible budget variance is known as the difference between the results incurred by a flexible budget model and the actual results.
- For the month of September, the cost would be closest to $910.
