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LekaFEV [45]
3 years ago
7

If a company sells its smart phones for $400 and the phones have a COGS of $250, how many additional phones would the company ha

ve to sell if it decided to spend an extra $150,000 on advertising to promote the phones
Business
1 answer:
Cloud [144]3 years ago
8 0

Answer:

Units to be sold= 1,000

Explanation:

Giving the following information:

Selling price= $400

COGS= $250

Increase in costs= $150,000

<u>To calculate the number of units to be sold to cover the incremental costs, we need to use the following formula:</u>

Units to be sold= increase in costs/ contribution margin per unit

Units to be sold= 150,000 / (400 - 250)

Units to be sold= 1,000

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The Jewel Golf Club Company, which recently began using a kanban system, has had problems with high inventory levels of one of t
AfilCa [17]

Answer:

d. six or seven

Explanation:

Given that:

Daily demand for the grip = 3000 units

average waiting time = 0.20 day

processing time =  0.10 day / container

a container holds  = 150 grips

percentage of policy used = 10% = 0.10

The  objective of this question is to determine the amount of Kanban containers would Jewel require.

the amount of Kanban containers  = Demand ( wasting time + processing time)(1+percentage policy)/ amount of container holding

the amount of Kanban containers  = 3000( 0.2 + 0.1) ( 1+ 0.10)/ 150

the amount of Kanban containers  =  3000 ( 0.30) (1.10)/150

the amount of Kanban containers  =  990/150

the amount of Kanban containers  = 6.6

SO we can infer that the amount of Kanban containers would Jewel require if a 10% policy variable is used falls within the range of  six or seven.

8 0
3 years ago
A manager is trying to decide whether to purchase a certain part or to have it produced internally. Internal production could us
Sergio [31]

Answer:

For both 10,000 units and 20,000 units, the best alternative is Vendor B

Explanation:

Using the information provided in the question, we can write the following:

Annual Volume of 10,000 units

Internal Alternative 1

Variable costs = 170,000 (we multiply the variable cost per unit by total units)

Fixed costs = 20,000

Total costs = 370,000

Internal Alternative 2

Variable costs = 140,000

Fixed costs = 240,000

Total costs = 380,000

Vendor A

Total cost = 200,000 (we simply multiply the price by the quantity)

Vendor B

Total cost = 180,000

Vendor C

Total cost = 190,000

The cheapest option is Vendor B

Now for the 20,000 units:

Internal Alternative 1

Variable costs = 340,000

Fixed costs = 200,000

Total costs = 540,000

Internal Alternative 2

Variable costs = 280,000

Fixed costs = 240,000

Total costs = 520,000

Vendor A

Total cost = 400,000

Vendor B

Total cost = 360,000

Vendor C

Total cost = 380,000

Therefore, Vendor B is once again, the cheapest alternative.

5 0
3 years ago
At the beginning of Year 1, a company reported a balance in common stock of $169,000 and a balance in retained earnings of $69,0
elixir [45]

Answer:

Explanation:

The statement of stockholder's equity comprises common stock and retained earnings. The ending balance after adjustment shown in the attached spreadsheet.  

And, the balance sheet comprises of the assets and liabilities. With the help of the accounting equation, the total assets are equal to the total liabilities including stockholder's equity.

The preparation of the statement of stockholders’ equity and the balance sheet is presented in the spreadsheet. Kindly find the attachment below:

7 0
3 years ago
We respect our employees and value their diversity" is an example of a statement you are most likely to find in the organization
Julli [10]

Answer: Mission

Explanation:

 The organizational mission is one of the type of approach that is used for reflecting the various types of products and the services information and also it important values.

The main main objective of the organizational mission is that it helps in providing the various types of company statement based on its the organizational specific goals and the values.

 According to the given question, the mission is one of the organizational factor that helps in value the employees and also respect their specific diversity.  

 Therefore, Mission is the correct answer.

3 0
3 years ago
Eva received $55,000 in compensation payments from JAZZ Corp. during 2018. Eva incurred $7,000 in business expenses relating to
larisa [96]

Answer:

A. $4200

B. $7,599.20

C. $6,782

D. $3,113

Explanation:see attached file

3 0
3 years ago
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