Answer:
Instructions are listed below
Explanation:
We don't have enough information to answer the question numerically. But, I can provide a few formulas of how to answer it.
A)
Revenue/Sales (+)
Cost of Goods Sold (COGS) (-)
=Gross Profit
Marketing, Advertising, and Promotion Expenses (-)
General and Administrative (G&A) Expenses (-)
=Net operating income
B)Break-even point (dollars) fixed costs/ contribution margin ratio
Contribution margin ratio= (Price - unitary variable cost)/Price
1) Increase in Unitary variable cost:
Contribution margin= price - new unitary variable cost
2) Variance in income= new sales* contribution margin - increase in fixed costs
3) Prepare the income statement again
C) Break-even point= fixed costs/ contribution margin
An oligopoly does not exist when there is a lot of variety in the number of sellers and producers of media content.
What is an oligopoly-
An Oligopoly is a type of market in which :
- Few numbers of buyers and sellers.
- High capital cost to entry in the market.
- Similar but slightly different products. (eg. Cold drink companies)
- Entry may be restricted to a few firms
- there can be informal cartels within the existing firms which do not allow others to come in.
- The action of one firm has an effect on the whole market, this will leads to a prisoner's dilemma.
An example of an oligopoly market is - the Organisation of petroleum exporting countries(OPEC).
Disclaimer- The Question is incomplete the question may be "An oligopoly exists when there is a lot of variety in the number of sellers and producers of media content, but not much variety in what they actually produce. Is this statement true or false?"
To learn more about the types of markets please click on the link
brainly.com/question/24877850
#SPJ1
Answer:
Bob's predetermined overhead rate = 9.91
Explanation:
Calculation for predetermined overhead rate
Predetermined overhead rate = Estimated (Budgeted) Overhead Expense / Estimated Direct Labor Hours
Predetermined overhead rate = 110917 / 11198
Predetermined overhead rate = 110.917 / 11.198
Predetermined overhead rate = 9.91
Answer:
E-marketing is a process of planning and executing the conception, distribution, promotion, and pricing of products and services in a computerized, networked environment, such as the Internet and the World Wide Web, to facilitate exchanges and satisfy customer demands.
Explanation:
I hope this helps:)
