Answer:
weighted-average contribution margin= $4.7
Explanation:
Giving the following information:
Hurricane lamps account for 70 percent of the units sold, while the flashlights account for the remaining 30 percent of unit sales. The unit sales price of the lamps is $9.00, and the unit variable cost is $4.00. The unit sales price of the flashlights is $7.00, and the unit variable cost is $3.00.
<u>To calculate the weighted-average contribution margin, we need to calculate first the weighted-average selling price and weighted average variable cost for each product.</u>
weighted average selling price= (selling price* weighted sales participation)
weighted average selling price= (0.7*9 + 0.3*7)= $8.4
weighted average variable cost= (variable cost* weighted sales participation)
weighted average variable cost= (0.7*4 + 0.3*3)= 3.7
<u>Now, we can calculate the weighted average contribution margin:</u>
weighted-average contribution margin= 8.4 - 3.7= $4.7
The impact on the order of the quantity will be able to get a 40% higher. It is because if the mickey and mouse cat food factory runs the marketing campaign to the delight order surge twice to their previous level and their operation manager uses the EOQ or the Economic Order Quantity, it is able to minimize the ordering cost and the total of the holding costs, producing an order quantity of 40% higher.
Answer:
The correct answer is: to start a business plan.
Explanation:
To begin with, if Jeffery is looking forward to start a new business and with that he needs to persuade lenders or investors then he must start a business plan with enough information and strategies that can show to those people the fact that the business has a solid background and more than that it will show also that Jeffery is a serious person and will compromise to pay all the lends he take. That is why, the preliminary step in beginning his new business will be to make a plan where he state all the information necessary to start.
