Year Annual cost PV factor at 12% Present value
1 $1,800,000 0.893 $1.607,400
2 $1,800,000 0.797 $1,434,600
3 $1,800,000 0.712 $1,281,600
4 $1,800,000 0.636 $1,144,800
5 $1,770,000 0.567 $1,003,590
6 $1,740,000 0.507 $882,180
7 $1,710,000 0.452 $772,920
8 $1,680,000 0.404 $678,720
9 $1,650,000 0.361 $595,650
10 $1,620,000 0.322 $521,640
Present worth $9,923,100
Answer:
Instructions are below.
Explanation:
Giving the following information:
Fixed costs= $109,000
Unit variable cost= $21
Selling price= $85.
To calculate the break-even point in units, we need to use the following formula:
Break-even point in units= fixed costs/ contribution margin per unit
Break-even point in units= 109,000/ (85 - 21)
Break-even point in units= 1,703 units
Now, we need to include the desired profit:
Break-even point in units= (fixed costs + desired profit) / contribution margin per unit
Break-even point in units= (109,000 + 150,000) / 64
Break-even point in units= 4047 units
Sales= 500,000
Variable cost= 5,882*21= (123,522)
Contribution margin= 376,478
Fixed costs= (109,000)
Net operating income= $267,478
Answer:
A. June 3
Dr Accounts Receivable—Chester $3,800
Cr Sales Revenue $3,800
June 12
Dr Cash $3,648
Dr Sales Discounts $152
Cr Accounts Receivable—Chester $3,800
B. June 3
Dr Accounts Receivable—Chester $3,648
Cr Sales Revenue $3,648
June 12
Dr Cash $3,648
Cr Accounts Receivable—Chester $3,648
Explanation:
A. Preparation of the journal entries on the Pronghorn Company books to record Sales and receivables are entered at gross selling price.
June 3
Dr Accounts Receivable—Chester $3,800
Cr Sales Revenue $3,800
June 12
Dr Cash $3,648
($3,800-$152)
Dr Sales Discounts ($3,800 X 4%) $152
Cr Accounts Receivable—Chester $3,800
B. Preparation of the journal entries on the Pronghorn Company books to record Sales and receivables are entered at gross selling price Sales and receivables are entered at net of cash discounts.
June 3
Dr Accounts Receivable—Chester $3,648
Cr Sales Revenue ($3,800 X 96%) $3,648
June 12
Dr Cash $3,648
Cr Accounts Receivable—Chester $3,648
Answer:
bureaucratic control
Explanation:
Bureaucratic control is a management style that tries to control the behavior and performance of the employees through reward or price mechanisms.
In order to achieve its purpose, bureaucratic style managers use a system of standardized rules, processes and verification procedures.
Answer:
market segmentation
Explanation:
Market segmentation -
It is the marketing strategy , where the market is bifurcated into different segments , according to the needs of the consumers , is referred to as market segmentation .
The needs and taste of the consumers are considered , for a particular segment , and is incorporated into the goods and services .
Hence , from the given scenario of the question ,
The correct term is market segmentation .
