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Anestetic [448]
3 years ago
11

The Mugger sells three types of mugs, flowers, dogs, and sports. The following information is available: Flowers Dogs Sports Tot

al Sales Volume 25,000 100,000 50,000Selling Price $20 $25 $10Variable cost per unit 10 20 6Total fixed costs $500,000 REQUIRED: 1. What is the breakeven point for The Mugger? 2. Would you recommend promoting the change in product mix to 4 to 2 to 1 of flower mugs, dog mugs, and sports mugs? Why?
Business
1 answer:
svetlana [45]3 years ago
3 0

Answer:

See answer below

Explanation:

1. The break even point for flowers = Fixed costs / Contribution margin

Where contribution margin = Selling price per unit - Variable cost per unit

= $500,000 / ($20 - $10)

= $500,000 / $10

= 50,000 units

Therefore,

Break even point for the Mugger is 50,000 units.

Break even points for Dogs = Fixed costs ÷ Contribution margin

= $500,000 / ($25 -$20)

= $500,000 / $5

= 100,000 units

Break even points Sports = Fixed costs / Contribution margin

= $500,000 / ($10 - $6)

= $500,000 / $4

= 125,000 units

2. I can recommend that the mugger should change its product mix from 1:4:2 (Flowers, dogs, sports) to 4:2:1 (Flowers , dogs , sports)

• Because there is an increase in the break even points for each of the mugger.

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Answer:

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Explanation:

The fastest way in which a corporation can enter a new market or develop new products is through buying existing companies that already operate in the new target markets or have developed the new products that the corporation wishes to sell.

Research and development is very costly and time consuming, and on many occasions the results aren't even good or are not as good as expected. By acquiring a smaller company that has already developed the product, then the corporation might even save money.  

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________ is the analysis and redesign of workflow within and between enterprises. Multiple Choice Business process reengineering
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(C) Business process reengineering (BPR) is the analysis and redesign of workflow within and between enterprises.

<h3>What is Business process reengineering (BPR)?</h3>
  • Business process re-engineering (BPR) is an early 1990s business management method that focuses on the analysis and design of workflows and business processes within a company.
  • BPR seeks to assist firms in fundamentally rethinking how they do business in order to improve customer experience, reduce operational costs, and compete on a global scale.
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Therefore, (C) business process reengineering (BPR) is the analysis and redesign of workflow within and between enterprises.

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Complete question:

__________ is the analysis and redesign of workflow within and between enterprises.

Multiple Choice

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Answer:

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Explanation:

According to the rule of 70

Number of years taken to double the GDP = 70 ÷ [ Growth rate ]

Thus,

At the growth rate of 3% per year

Number of years taken to double the GDP = 70 ÷ 3

= 23.33 years

Further

if the growth rate is 3.5% per year

Number of years taken to double the GDP = 70 ÷ 3.5

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Hence,

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