Answer:
The selling price is $99
Explanation:
The selling price of the product can be computed by adding required profit margin to the unit cost of the product.The required profit margin is the 10% return on invested assets.
Total variable cost $59*10000 =$590,000
Fixed expenses ($180,000+$60,000) =$240,000
desired profit margin(10%*$600,000) =$60,000
Total sales revenue =$990,0000
price per unit=$990,000/10000=$99
The cost-plus approach to product pricing gives $99
When the demand is greater than the supply of goods, the price of that good will go up because there is less of it. The people who made the product need to be paid, and the people who distributed it need to be paid, and everyone else who had a hand in it needs to be paid. So if there are tons of a product, then the price will be cheaper because the company can afford it. But, if there is not a lot of a product, then the price needs to be higher because there is only a limited stock. Did I explain everything clearly? Have a nice day!
Answer:
they help you focus on how to get to your long term goal, like how you focus on the drive not the destination.
Explanation:
Answer:
<h2>The correct answer in this case,would be the fourth option mentioned in the answer choices or create goodwill for the company. </h2>
Explanation:
- A specialty offered by any business basically implies creating a high and positive value for the customers on the basis of the customer needs and convenience.
- A specialty based business focuses on selling specific products and services instead of wholesale or bulk/large quantity selling and hence,it emphasizes more on product or service specialization.
- Royalty based businesses provide better and more convenient shopping or buying experience for the customers including personalized shopping,better customer service,specialized focus on individual customers,consistent and timely post consumption or purchase follow up,obtaining a more detailed and specific product or service related information by the customers and so on.
- Therefore,royalty based business can generate positive goodwill and market reputation through providence of a much more specialized and focused customer oriented service.
An issue log is simply known as a type of documentation element of software project management Using an issue log keeps a record of any inconsistencies from the initial requirements of a project.
- The issue log is known to have a list of ongoing and closed issues concerning project.
This type of logs can be seen as a way to track errors in any project.
It consist of name of the person who solve the problem, the date or time of the issue, the issue's priority and status and the date or time that the problem was resolved.
An issue log is also regarded as a simple list or spreadsheet that managers use to monitor the issues that arise in a project.
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