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3 years ago

If sales are $1,150,000 in 2016 and this represents a 15% increase over sales in 2015, what were sales in 2015?

1 answer:

5 0

Take $1,150,000 multiply by 15% to get the money increase between 1 years which is $172500 then take $1,150,000 subtract by $172,500 to get the final sales in 2015 which is $977,500

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AveGali [126]

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3 years ago

Which of the following makes it more difficult for an incumbent to successfully engage in limit pricing? Multiple Choice Complet

kirill115 [55]

Answer:

Complete information

Explanation:

A limiting pricing can be described as a strategy that is employed by an incumbent to prevent entry by maintaining a price lower than the monopoly price.

In situation whereby there is completion information, it will be more difficult for an incumbent to successfully engage in limit pricing because knowledge about the incumbent, the market, product, and others is available to others.

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3 years ago

Sandusky Inc. has the following costs when producing 100,000 units: Variable costs $600,000 Fixed costs 900,000 An outside suppl

goldenfox [79]

Answer:

$6.30

Explanation:

For computing the unit price, first we have to determine the difference in cost which is shown below:

= $150,000 - $120,000

= $30,000

Now the break even price would be

= Variable cost + cost difference

= $600,000 + $30,000

= $630,000

So, the unit price would be

= Break even price ÷ number of unit produced

= $630,000 ÷ 100,000 units

= $6.30

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3 years ago

If given the chance to own manage a business what will it be and why?

ExtremeBDS [4]

This is completely an opinion question, it would be best for you to think of your own business.

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3 years ago

A multiple predetermined overhead rate system is more accurate than a plantwide overhead rate system because it ______. Multiple

Ulleksa [173]

A multiple predetermined overhead rate is more accurate because it shows the way cost is incurred by various departments.

<h3>Multiple Predetermined Overhead Rates </h3>

These are rates used to calculate production overhead.
They reflect each individual department involved in production.

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Find out more on the predetermined overhead rate at brainly.com/question/4337723.

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2 years ago