Answer:
Explanation:
a. Total cost=4800+30*2*x=4800+60x
The cost for the conference room, instructor compensation, lab assistants, and promotion is $4800
Computer rental - $30 per day
Length of seminar - 2 days
X - number of students
b. total profit = revenue-costs incurred = 300x-(4800+60x)=240x-4800
Projected fee - $300 per student
c. If 30 students enrolled
profit=240*30-4800=7200-4800=2400
d. 240x-4800=0
x=4800/240=20
break-even point is 20, it is point at with profit will equal zero
Answer:
None of the fixed costs are avoidable. Therefore the company now loses all the fixed costs and the positive contribution margin.
Explanation:
Giving the following information:
Wood Aluminum Hard Rubber
Total Sales $65000
Variable expenses (58000)
Contribution margin 7000
Fixed expenses (22000)
Net income (loss) (15000)
Effect on income= -22,000 - 7,000= -29,000
None of the fixed costs are avoidable. Therefore the company now loses all the fixed costs and the positive contribution margin.
Complete Question:
John Ciro, the CEO of Ciro Products, a small manufacturer, told his employees that he is part of a group that was going abroad along with representatives of the U.S. Department of Commerce and other U.S. businesspeople to meet with qualified agents, distributors, and customers. Ciro was most likely talking about the?
a. "best prospects" listing.
b. SCORE program.
c. export-import program.
d. "comparison shopping service."
e. matchmaker program.
Answer:
e. matchmaker program.
Explanation:
The matchmaker program is a marketing strategy that focuses on intelligently matching the right exhibitors with optimum high-volume importers or buyers, and establishes business oriented meeting at a specific venue, so as to enable business introductions and create lucrative business transactions among the participants on a face-to-face basis.
Hence, John Ciro being part of a group that was going abroad along with representatives of the U.S. Department of Commerce and other U.S. business people to meet with qualified agents, distributors, and customers suggests a matchmaker program.
I just got home and so he can get me to work on that the house and he can do it for me tomorrow and we can go to do something fun and do it for me tomorrow or
Answer:
$231,200
Explanation:
The computation of the total budgeted manufacturing cost is shown below:
= Fixed Manufacturing Costs + Variable Manufacturing Costs per pair of shoes × number of shows made this month
= $12,300 + $11 × 19,900 shoes
= $12,300 + $218,900
= $231,200
We simply added the Fixed Manufacturing Costs and variable manufacturing cost so that the exact value might arrive.