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3 years ago

How do the pricing strategies for corporations differ from nonprofit organizations?

1 answer:

4 0

Corporations get cheap, and resell for more to earn a profit, Non profit organizations usually buy and resell for what they paid for or even less, sometimes free, for example some Bible publishers. Their intent is to make something available for everyone <span>to further a particular </span><span>social cause</span>

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The United States enjoys a free market economy in which _____.

Mnenie [13.5K]

Free market means you can choose what path you want to take such as a career or future. therefore the consumers control the market. that is why share prices go up and down because of s and d. the suplly and demand comes from the consumer wanting to purchase and sell. Therefore a free market economy is an economy controlled by consumers

4 0

3 years ago

Vaughn Services, Inc. is trying to establish the standard labor cost of a typical brake repair. The following data have been col

emmainna [20.7K]

10 points geez thanks

5 0

3 years ago

In 2019, Wildhorse Company had a break-even point of $244,000 based on a selling price of $5 per unit and fixed costs of $97,600

Luden [163]

Answer:

unitary variable cost= $3

contribution margin ratio= 0.4

Explanation:

Giving the following information:

break-even point= $244,000

the selling price= $5 per unit

Fixed costs of $97,600.

First, we need to calculate the contribution margin ratio, we will use the following formula:

Break-even point (dollars)= fixed costs/ contribution margin ratio

244,000= 97,600/contribution margin ratio

contribution margin ratio= 97,600/244,000

contribution margin ratio= 0.4

Now, we can calculate the unitary variable cost:

contribution margin ratio= (selling price - unitary variable cost)/seling price

0.4= (5 - unitary variable cost)/5

2= 5 -unitary variable cost

unitary variable cost= 3

7 0

3 years ago

The Retained Earnings account had a beginning credit balance of $26,000. During the period, the business had a net loss $12,000,

hodyreva [135]

Answer:

$6,000

Explanation:

Data provided

Beginning credit balance = $26,000

Net loss = $12,000

Paid dividends = $8,000

The calculation of Retained Earnings account is given below:-

Retained Earnings = Beginning balance - Net loss - Dividend

= $26,000 - $12,000 - $8,000

= $26,000 - $20,000

= $6,000

So, for computing the retained earning we simply applied the above formula.

5 0

4 years ago

Fox company’s static budget shows $40,500 budgeted for direct materials, $54,000 budgeted for direct labor, and $13,500 budgeted

Elis [28]

Answer:

correct option is D : $1,200, favorable

Explanation:

given data

direct materials = $40,500

direct labor = $54,000

overhead = $13,500

actual direct materials = $42,000

actual direct labor = $51,000

actual overhead = $13,800

to find out

total difference between the static budget and actual and difference favorable or unfavorable

solution

we know that If the actual is less than budget that is favorable condition

and If the actual are more than the budgets, it is called as unfavorable condition

so here

Budgets Actual Condition

Direct Materials 40500 42000 1500 unfavorable

Direct Labors 54000 51000 3000 favorable

Overheads 13500 13800 300 unfavorable

so that Total Difference and Condition = 1200 favorable

so correct option is D : $1,200, favorable

8 0

4 years ago