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Virty [35]
2 years ago
10

When a firm uses a mathematical model to identify the price at which the firm will make the most money possible, it is implement

ing ______. competitive parity the maximizing profits strategy the target profit pricing strategy the target return pricing strategy
Business
1 answer:
worty [1.4K]2 years ago
6 0

Answer:

The maximizing profit strategy

Explanation:

When companies decides to use mathematical process in determining pricing, they are opting for profit maximizing strategy. Profit maximization is the situation in sales whereby profit are highest. Calculus is usually used in calculating the profit maximizing number of units produced. The level of output chosen for profit maximization is when the marginal cost equals the marginal revenue. This is the level at which the price is determined. Profit maximization analysis is a mathematical approach that helps organizations determine the price and output level that returns the greatest amount of profit.

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Assume that the Assembly Department allocates overhead based on machine hours, and the Finishing Department allocates overhead b
kap26 [50]

Answer:

$9.2 0

Explanation:

The calculation of the Finishing Department is shown below:-

Plant - wide overhead rate = Total overhead ÷ Total machine hour

= ($470,000 + $737,900) ÷ ($470,000 + 133,950)

Plant wide overhead rate = $2 per machine hour

Machine hour for product = 4.2 + 0.4

= $4.6 machine hour

Applied overhead = Machine hour for product × Plant wide overhead rate

= $4.6 × $2

= $9.2 0

6 0
3 years ago
Chloe enjoys her math classes, and she would like to find a career that will allow her to continue to use her math skills. Which
klemol [59]
Accountant would be a good fit for her
3 0
3 years ago
Accounts Receivable has a balance of $ 4 comma 000$4,000​, and the Allowance for Bad Debts has a credit balance of $ 450$450. Th
Darya [45]

Answer:

What is the net realizable value of Accounts Receivable after a $ 140$140 account receivable is written​ off? is $3550

Explanation:

Account receivable 4000      

Allowance bad debts 450      

       

       

Net realizable =(400-140)-(450-140)

       

                 =3860-310

                          =3550    

5 0
3 years ago
The focus of management accounting is onA) tax preparation.B) external reporting.C) internal reporting.D) auditing.
Studentka2010 [4]

Answer: The focus of management accounting is on "C) internal reporting.".

Explanation:  It could be understood as the concept of management accounting as that economic information destined to the internal users of the company and which is mainly responsible for the analysis of the costs of the company, helping to make management decisions and business control.

5 0
2 years ago
Scenario C. Parker Brothers is a high-end furniture manufacturer located in the Midwest, Mr. Herbert "Bud" Parker started the fi
Reika [66]

The correct answer is A) organization culture.

The other options of the question were B) the company's macroenvironment. C) the organization's competitive environment. D) collective competitive intelligence. E) organizational structure.

The stories about the "Parker Legends" and the organization's most innovative designs are all clues to understanding the organization's culture.

This is the importance of the culture of a company. The series of values, principles, mission, and vision that characterizes and makes the company unique. Every single employee in the company shares these values and can be transmitted through time to new workers. "Parker Legends" is a tradition that is respected and is part of the organization's DNA.

5 0
3 years ago
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