<span>The purpose of this passage is clearly the need to create a unified Homefront during times of war. It is imperative that citizens at home combine their efforts in order to make sure that the country can be victorious in war and therefore be able to continue their way of life. It is important that individual citizens give back to the war. During the world wars, many American citizen bought Bonds to help finance the war, create Victory Gardens so they don't take food away from soldiers, and share rides in order to save oil and gasoline. These efforts were promoted by propaganda that also served as reminders that the country needs to pull their efforts and resources together in time of war.</span>
<span>The company president does not believe that the formula should be altered for fear it will tarnish the company's brand. </span>She prefers that the company spend more on marketing and
increase the price. The company’s accountants believe that if marketing costs are increase
by $400,000 then the company can achieve a selling price of $42 per bottle without losing
any sales. At this price, will the company achieve its target operating income of 40% of
revenue?
Total cost
= $9,600,000
Add:
Increase in marketing costs=
400
,000
Total costs of redesigned table =
$10
,000,000
Revised cost per unit ($10,000,000 ÷ 400,000 units)
= $25
Target cost per unit ($42 × 0.60)
= $25.20
Yes, this proposal allows the company to meet its goal of target costs less than 60% of
revenue and target operating income greater than 40% of revenue.
The main difference is that GNP (Gross National Product) takes into account net income receipts from abroad. GDP (Gross Domestic Product) is a measure of (national income = national output = national expenditure) produced in a particular country. GNP (Gross National Product) = GDP + net property income from abroad.