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likoan [24]
3 years ago
15

Tyson Foods is the largest U.S. beef and chicken​ supplier, processing more than​ 100,000 head of cattle and​ 40-plus million ch

ickens weekly. Primary distribution channels are supermarket meat departments.​ However, the company is now expanding distribution into convenience stores. There are almost​ 150,000 gas stations and convenience stores where the company would like to sell hot Buffalo chicken bites near the checkout. This is a promising​ channel, as sales are growing considerably at these retail outlets and profit margins on prepared foods are higher than selling raw meat to grocery stores. Tyson will have to hire eighteen more sales representatives at a salary of ​$45 comma 000 each to expand into this distribution channel because many of these types of stores are independently owned. Each convenience store is expected to generate an average of​ $50,000 in revenue for Tyson. If​ Tyson's contribution margin is 30 percent on this​ product, what increase in sales will it need to break even on the increase in fixed costs to hire the new sales​ reps?
Business
1 answer:
Deffense [45]3 years ago
5 0

Answer:

$810,000

Explanation:

The computation is shown below:

The increase in fixed cost is

= Salary of each sales representative × number of sales representatives hired

=  $45,000 × 18

= $810,000

Now the increase in sales needed for break even is

= Increase in fixed cost ÷ Contribution margin ratio

= $810,000 ÷ 30%

= $2,700,000

As we know that break even sales is computed by dividing the fixed cost by the contribution margin ratio and we applied the same

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lana [24]

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Complements in consumption can be defined as the way in which two or more product complement each other when use of consume together or when use jointly.

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3 0
1 year ago
A salesperson is trying to sell you a phone that has 16 GB of memory saying, "that’s enough space to record an hour of high qual
borishaifa [10]

Answer:

The salesperson is not providing any information about what high quality means (resolution of video). Overall the option B is correct.

Explanation:

Firstly, the salesperson is not providing any details of video quality so he lacks here. The second reason that the information is inadequate is calculation is required for the consumption of memory by 720p and 1080p video. The video 720p consume almost below 4 GB for an one hour of video captured by an iphone camera. This means it posses space for 4hrs (16GB/4GB) of video so the option B is correct.

4 0
3 years ago
________ is the activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings t
svp [43]

Answer:

The given option "Marketing" is the right choice.

Explanation:

  • Marketing seems to be focused on thought about either the market regarding consumer expectations as well as satisfaction with them.
  • It is different from selling, although selling is concerned with either the methods or strategies of convincing investors to exchange some currency for a certain commodity.

Some other options in question are not connected to something like the given scenario. And the above will be a good alternative.

5 0
2 years ago
What is Installment credit? <br> (In your own words, please and thank you!!! :)
QveST [7]
Installment credit is when you borrow a fixed sum of money and agree to make monthly.
5 0
2 years ago
Read 2 more answers
A firm reported sales of $300,000 during the year and has a balance of $20,000 in its Accounts Receivable account at year-end. P
Lena [83]

Answer:

A) $ 1,200

Explanation:

The firm has estimated that one half of one percent of credit sales is uncollectible.

Total credit sales                                                                              $ 300,000

Estimated uncollectible accounts                                                           0.5 %

Allowance for uncollectible accounts balance        

$ 300,000 * 0.5 %                                                                             $      1,500

Available balance in allowance for uncollectible account             <u> $       300</u>

Additional amount to be recorded in allowance account              <u> $     1,200</u>

8 0
3 years ago
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