Answer:
$1,215 per customer
Explanation:
Add all costs:
Marketing Costs = $1,200
Sales Costs = $9,000
Salaries = $87,000
Total = $97,200
$97,200 divided by 80 new customers = $1,215 per customer
Answer:
25%
Explanation:
the formula for the margin of safety is as follows
margin = current sales level -breakeven point/ current sales level x 100
expected sales unit = 20,000 units
the break-even point is fixed costs/contribution margin
fixed costs= $360,000
contribution margin = sales price- variable costs
=61-37
=24
breakeven point = $360,000/ 24
=15000
the margin of safety = 20,000-15,000/20,000 x 100
=5000/20000 x 100
=25%
Explanation:
Basic research
This research is conducted largely for the enhancement of knowledge and is research which does not have immediate commercial potential.
Answer:
D. informal surveys is the correct answer
Explanation:
- Informal survey objectives are to develop an understanding and to collect on the farmers' and customer's situations and also to plan the process to find a solution for these types of problems.
- In the informal surveys, data gathering process is iterative and interviews are semi directed which is carried out by the interdisciplinary member
- Informal surveys are also called as exploratory surveys.
The answer is B, Primary target market.
