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xenn [34]
3 years ago
5

The systematic examination of the relationships among selling prices, volume of sales and production, costs, and profits is term

ed: Group of answer choices contribution margin analysis cost-volume-profit analysis budgetary analysis gross profit analysis
Business
1 answer:
Nostrana [21]3 years ago
8 0

Answer:

cost-volume-profit analysis

Explanation:

Cost-volume-profit analysis also known as breakeven analysis can be defined as a financial accounting method or technique used for determining the number of units a business firm must sell at a specific price so as to cover all of its costs. It is a concept that allow business owners or financial experts to determine and know what they need to sell either on a monthly or annual (yearly) basis, in order to be able to cover the costs of doing the business.

Basically, it helps us to determine the amount of revenue required for the smooth operation of a business, amount of money needed to cover both fixed and variable costs. Using the breakeven analysis, production costs can be categorized as;

1. Variable costs: these are costs that usually change with respect to changes in the level of production or output. Examples are direct labor, maintenance of equipment or machines, raw materials costs etc.

2. Fixed costs: these are the costs which are not directly related to the level of production or not affected by the quantity of output in an organization. Examples are rent, depreciation, administrative cost, research and development costs, marketing costs etc.

Generally, basic break-even analysis is typically based on the principle that variable costs and revenues generated by a business firm or organization, increase in direct proportion to the volume of production i.e as the volume of production of a business firm increase, its variable cost and revenue generated also increases.

Hence, a cost-volume-profit analysis is mainly used by businesses or organizations to determine how changes in differing levels of activities such as costs and volume affect a company's operating income and net income.

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If you are a jury member, which of these are topics you might discuss with the other jurors during trial? (Select all that
xeze [42]

Answer:

Information you know from listening to testimony of the case.

Opinions you have from talking to other jurors during the trial.

Opinions you have from seeing evidence during the trial.

Explanation:

A jury member or a juror is a member of a society who is selected to form a body of people who are sworn to act as interpreters of a court case. The jury body consists of 12 citizens selected by the court to act as an extra hand in solving a case, while at the same time, looking through evidence and statements given by the people involved in the case.

A jury member is not allowed to go home or talk about the case until it gets resolved. Their main job is to talk within themselves about the case, <u>provide information from the testimony of the case</u>, and <u>share opinions with each other</u>. They can also <u>discuss their opinions after seeing the evidence presented in court</u>. Such topics are allowed to be discussed within themselves so as to act as a 'judging' body in the case.

7 0
3 years ago
a good marketer can identify potential opportunities by paying close attention to environmental ________; it is important to con
k0ka [10]

Paying close attention to environmental factors leads to potential opportunities for a good marketer. Such factors include market competition, consumer demand, etc.

   

<h3>What are the factors affecting marketer success?</h3>

The followings are factors affecting marketer success:

  • Economic Environment
  • Market Competition
  • Legal Environment
  • Demographic Factors

Thus, there are many other factors that good marketers need to focus on so that they can identify potential opportunities.

Learn more about marketer success here:

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3 0
1 year ago
Read 2 more answers
When a broker-dealer maintains a firm market in a stock, that broker-dealer is committed to?
Jlenok [28]

When a broker-dealer maintains a firm market in a stock, that broker-dealer is committed to purchasing or sale of up to the stated maximum number of round lots (the standard trading unit of the stock) at the stated price.

This is further explained below.

<h3>What is a firm?</h3>

Generally, A company providing professional services for compensation, such as law or accountancy, is called a "firm." One key tenet of "theory of the company" is that enterprises' primary purpose is to increase shareholder wealth.

In conclusion, By keeping a "firm market," a broker-dealer promises to buy or sell up to the maximum number of round lots (the stock's standard trading unit) at the quoted price.

Read more about the firm

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7 0
1 year ago
A company is concerned about the number of customers that have to wait for service in their customer service department. Assume
uysha [10]

Answer:

E) None of these

Explanation:

Calculation to determine which of the following is the mean time between arrivals

Using this formula

Mean time between arrivals = 1/Arrival rate

Let plug in the formula

Mean time between arrivals= 1/12

Mean time between arrivals= 0.0833 hours or 5 minutes

Therefore the Mean time between arrivals will be 0.0833 hours or 5 minutes

4 0
3 years ago
The necessity of marketing and advertising for any business
tekilochka [14]

Answer:

Marketing is important because it helps you sell your products or services, by advertising your business you are showing more people about it

Explanation:

4 0
2 years ago
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