Answer:
The target cost per unit is $3.44 per unit for the filter
Explanation:
Computing the target cost per unit of the filter as:
Computing revenue as:
Revenue = Maximum price per unit × Selling units
where
Maximum price per unit is $4
Selling units are 1,000,000
So,
Revenue = $4 × 1,000,000
Revenue = $4,000,000
The target profit is as:
Target Profit = Minimum rate of return × Revenue
Target Profit = 14% × $4,000,000
Target Profit = $560,000
Now, computing the target profit per unit as:
Target profit per unit = 14% of $4
Target profit per unit = 14% × $4
Target profit per unit = $0.56
Computing the Target cost as:
Target cost = Maximum price - Target profit per unit
Target cost = $4 - $0.56
Target cost = $3.44 per unit
Answer:
Accounts receivables -under-the-Hill 11,700 debit
credit card fees expense 300 debit
sales revenues 12,000 credit
Explanation:
The credit card fee is considered an expense
$12,000 x 0.025 = 300
We will debit our accounts receivables for the difference between the 12,000 billed and the fee charged for Under-the-Hill credit car:
12,000 - 300 0 11,700
Although the customer is unquestionably the cornerstone to a successful organization, client centricity has several drawbacks, ranging from financial to innovation-related areas.
The drawabacks can be listed as:
Businesses create customer-focused policies in an effort to impress and keep consumers, but doing so can be expensive and may not be financially prudent.
- <u>Not every customer is equivalent!</u>
Although the customer is always right, not all customers are suitable for your company. So, building just a customer based approach can harm your business.
- <u>Customers are unsure too!</u>
Many marketers feel that if a company is consumer-focused, it will learn what the clientele truly desires and prosper.
While it's crucial for businesses to pay attention to their customers, they also need to know when to shift their attention away from them.
- <u>Love the Customer, but Don't Expect Love in Return</u>
According to conventional knowledge, clients are more loyal to companies that go above and beyond their expectations; nonetheless, your customers may betray you in order to get the cheap, satisfying solutions they actually desire.
To know more about the topic, refer to:
brainly.com/question/20935329
#SPJ4
Answer:
4
Explanation:
Formula: 1 / Reserve money ratio -> 1 / 0.25 = 4
