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Nonamiya [84]
3 years ago
15

ouvenir sheets to stamp collectors. The postal service purchases the souvenir sheets from a supplier for $1.80 each. St. Vincent

has been selling the souvenir sheets for $14.00 each and ordinarily sells about 100,000 units. To test the market, the postal service recently priced a new souvenir sheet at $12.60 and sales increased to 114,000 units. Required: 1. What total contribution margin did the postal service earn when it sold 100,000 sheets at a price of $14.00 each
Business
1 answer:
alekssr [168]3 years ago
7 0

Answer:

Total contribution margin= $1,220,000

Explanation:

Giving the following information:

Purchase price= $1.8

Selling price= $14

Number of untis= 100,000

<u>First, we will determine the unitary contribution margin:</u>

Unitary contribution margin= selling price - unitary variable cost

Unitary contribution margin= 14 - 1.8

Unitary contribution margin= $12.2

<u>Now, the total contribution margin:</u>

Total contribution margin= 100,000*12.2

Total contribution margin= $1,220,000

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Cian, an automobile manufacturer, offers a new car model with features comparable to that of another popular brand. However, the
Scilla [17]

Answer:

False because Clan is most likely following more for less strategy.

Explanation:

Value proposition is a situation where the customer is answered for his question as to why he should prefer the sellers brand. It is an overall positioning strategy followed by the sellers. Such a strategy has five different propositions which are as follows out of which the last fifth one is the one followed by Clan in which the seller offers more benefits to the existing buyers of a different brand at a lower cost.

  • More for More : More benefits at a more higher prices as those offered by the competitors.
  • More for the same: More benefits at the same price offered by the competitors.
  • The same for less: Under this same benefits at a lesser price is offered as compared to those by the competitors.
  • Less for much less: Lesser benefits at lesser price.
  • More for less: Followed by companies for achieving impressive positions in the market by offering more benefits at lower costs.
4 0
3 years ago
When the sponsor-investigator holds the IND for an investigational drug he or she is responsible for annual reporting of which o
Anarel [89]
B the answer to the question
7 0
3 years ago
Read 2 more answers
Suppose that the nominal interest rate in Japan is only 5.0 percent, while the comparable rate in the United States is 7.0 perce
Eduardwww [97]

Answer: Japan has the higher real interest rate.

Explanation:

Japan:

Nominal interest rate = 5%

Inflation rate = 2%

Real interest rate = Nominal interest rate - Inflation rate

= 5 - 2

= 3%

United States:

Nominal interest rate = 7%

Inflation rate = 6%

Real interest rate = Nominal interest rate - Inflation rate

= 7 - 6

= 1%

∴ Japan has the higher real interest rate.

4 0
3 years ago
A bond has a coupon rate of 8% and matures in 10 years. What are its expected cash flows if this bonds have a principal amount o
Lesechka [4]

Answer:

$1080

Explanation:

Calculation to determine the expected cash flows

Since the bonds have a principal amount of the amount of $1000 first step is to calculate the Cash flow CO1

CO1=$1000(.08)/2

CO1=$80/2

CO1= $40

Second step is to calculate the Frequency of PMT

Frequency of PMT= 10 years x 2 (semi-anually)

Frequency of PMT= 20

Now let determine the Cash Flow CO10

Cash Flow CO10=1000+80

Cash Flow CO10=$1080

Therefore the expected cash flows is $1080

4 0
3 years ago
A manager wants to determine the number of containers to use for incoming parts for a kanban system to be installed next month.
Ierofanga [76]

Answer:

the number of containers that should be used is 1.67 containers

Explanation:

The computation of the number of containers that should be used is as follows;

= Annual demand × time × (1 + inefficiency factor) ÷ holding pieces

= 71 × 0.83 × (1 + 0.16) ÷ 41

= 1.67 containers

Here The time is converted from minutes to hour i.e

= 50 minutes ÷ 60 minutes

= 0.83

Hence, the number of containers that should be used is 1.67 containers

6 0
3 years ago
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