Answer:
Jill I am not able to get the best of my graduation and you are going through the maze and the same problem is there in the future please
Answer:
Jackson's target total cost of producing and selling 6 million cans of paint of $31,800,000 will enable it to reach stockholders' profit goals of $6 million.
The implication is that it should not allow its total costs (Production and other business expenses) to exceed $37,800,000.
This is because its sales revenue will be equal to $43,800,000 (6,000,000 * $7.30).
As such, Jackson can produce a can of paint for $5.30. It can also incur an average business expense of $1.00 per can to maintain and reach its $6 million profit target.
Explanation:
Profit is the difference obtained after deducting all costs from the revenue. There are some profit stages. The first is the gross profit, which considers the sales revenue and the cost of goods sold. The next profit stage is the operating profit, which subtracts the business running expenses from the gross profit. There are also profits before and after interest and taxes. The after tax profit is also called the net income or net profit. If it is negative, then it is called the net loss. It is from the net income that distributions are made to stockholders in the form of dividends while a part is retained in the business to increase its capital stock or stockholders' equity.
When the price rises from P1 to P2, consumer surplus decreases by an amount equal to B + C.
Consumer surplus, also known as buyers' surplus, refers to an economic measurement of consumer advantages that arises from market competition. It occurs when the actual price for a product or service that consumers are paying is less than the price, they are willing to pay. The changes in price affect the consumer surplus, as consumer surplus always increases as the price of a good or service decreases, and decreases as the price of a good or service increase. Visually, it is illustrated by economists as the area under the demand curve between the market price and what consumers would be willing to pay. In this case, that is represented by sum of B and C.
Note: The question is incomplete. It does not contain the figure (which is attached).
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Answer:
The correct option is 3
Explanation:
Packaging is one of the vital factor or element of the product, which is defined as the wrapping the material or the product that serves to identify, display, describe, promote, contain and protect the product marketable.
The motive of the packaging the product is to protect the product from damage while in transit as well as serve for competing in the market with other products. So, if the company is involved in altering the price of the product to compete, it is focusing on the packaging of the product.
Answer:
See below
Explanation:
The above is an incomplete question. However, the beginning part from similar question is
Epsilon co. Can produce a unit of product for the following costs. Direct material Direct labor overhead total cost per unit
$8.20 $24.20 $41 $73.40
Calculation to determine what Epsilon should choose
Relevant costs to make = $8.2 + $24.20 + [$41 × (100% - 40%)]
Relevant costs to make = $8.2 + $24.20 + ($41 × 60%)
Relevant costs to make = $8.2 + $24.20 + $24.6
Relevant costs to make = $57
Therefore, Epsilon should choose to:
Make since the relevant cost to make it is $57