Their average wholesale price can be said to be competitive if it is below the all-company average wholesale price in that geographic region.
<h3>When is a price considered competitive?</h3>
- It means that the price is better than others in the market for a certain good or services.
- It is lower than the average price offered by other sellers.
The company is therefore charging a lower than average price which is why it is competitive with others because they will be forced to lower prices to maintain sales.
In conclusion, option A is correct.
Find out more on markets that allow competitive pricing at brainly.com/question/24877850.
Answer:
Economics is the study of how societies use scarce resources to produce valuable commodities and distribute them among different people
hope this helps
Explanation:
Answer:
Total cost per unit is $77
Explanation:
Fixed manufacturing overhead per unit = Total fixed manufacturing overhead ÷ Number of units
= $478,800 ÷ 34,200 = $14 per unit
Fixed selling and administrative expenses per unit = Total Fixed selling and administrative expenses ÷ Number of units
= $171,000 ÷ 34,200 = $5 per unit.
Total cost per unit = Direct material + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead + Variable selling expenses + Fixed selling expenses
Total cost per unit = $15 + $5 + $11 + $14 + $5 + $5 = $55 per unit.
Markup = 40% of total cost = $55 × 40% = $22
Therefore, total selling price per unit = Cost per unit + Markup
= $55 + $22 = $77 per unit.
Answer:
Check screenshot attached below
Explanation:
Answer peoples questions and do the challenges