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Vlad1618 [11]
3 years ago
9

Use the cost information below for Laurels Company to determine the cost of goods manufactured during the current year:

Business
1 answer:
adelina 88 [10]3 years ago
5 0

Explanation:

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During the ___________ stage of the product life cycle, firms either position themselves for a niche segment of diehard consumer
Sonbull [250]

Answer:

decline

Explanation:

Based on the information provided within the question it can be said that the stage that is being mentioned is the decline stage of the product life cycle. This stage is classified as the terminal stage in which sales begin to plummet to the point where production completely stops. Therefore at this point a company needs to make a decision on whether to continue producing for a niche segment (if it exists) or completely exit the market for that product.

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4 years ago
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What are the consequences of unemployment​
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3 years ago
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Use the contribution margin ratio approach to compute the number of shows needed each year to earn a profit of $ 5 comma 687 com
leonid [27]

Answer:

Instructions are listed below

Explanation:

To calculate the number of shows to achieve a certain amount of profit you need to use the following formula:

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

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

contribution margin ratio= (price - unitary variable costs)/price

For the number of shows, divide the Break-even point (dollars) by the selling price

4 0
3 years ago
Jamesway Corporation has two separate divisions that operate as profit centers. The following information is available for the m
Nookie1986 [14]

Answer:

White Division Gross Profit  = $72,200

Grey Division Gross Profit =  $247,700

Explanation:

                                                     White Division    Grey division

Sales (net)                                      $270,000            $540,000

Less: Cost of goods sold              <u> $135,000  </u>          <u>$202,500</u>

Gross Margin                                 $135,000             $337,500

Less: Salary Expenses                   $37,800              $64,800

Rent                                                 <u>$25,000</u>              <u>$25,000</u>

Gross Profit                                   <u> $72,200 </u>             <u>$247,700</u>

The White Division occupies 25,000 square feet in the plant. The Grey Division occupies 25,000 square feet. Hence, the rent expenses will be shared equally. Rent = $50,000 hence, both division will pay $25,000 each              for rent

7 0
3 years ago
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