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VLD [36.1K]
3 years ago
12

While shopping in a local supermarket, Jolene Partin came upon an aisle display of cookies and had to have some-immediately. By

the time she got to the checkout counter with the rest of her selections, all the cookies were gone. In this case, the cookies were:
Business
1 answer:
Alenkasestr [34]3 years ago
6 0

Answer:

an impulse product

Explanation:

When we talk about impulse products we are referring to products that people generally buy on impulse reactions. Generally in a supermarket the aisle just before the cash register is full of candy, chocolates, or other impulse products. Generally impulse products are not expensive so people usually don't think a lot about whether they will buy them or not, they just do it.

You might be interested in
Barlow Company manufactures three products—A, B, and C. The selling price, variable costs, and contribution margin for one unit
Masja [62]

Answer:

Explanation:

For A:

SP = 180

Variable expenses:

DM 24

Other Variable expenses 102

Total Variable expenses = 102+24 = 126

Contribution margin = SP - Variable expenses = 180-126 = 54

Contribution margin per pound = 54/#pounds = 54/3 = $18/pound

*pounds = DM/material costs = 24/8 = 3 pounds

For B:

SP = 270

Variable expenses:

DM 80

Other Variable expenses 90

Total Variable expenses = 80+90= 170

Contribution margin = SP - Variable expenses = 270-170= 100

Contribution margin per pound = 54/#pounds = 100/10 = $8/pound

*pounds = DM/material costs = 80/8 = 10pounds

For C:

SP = 240

Variable expenses:

DM 32

Other Variable expenses 148

Total Variable expenses = 148+32= 180

Contribution margin = SP - Variable expenses = 240-180= 60

Contribution margin per pound = 54/#pounds = 60/4= $15/pound

*pounds = DM/material costs = 32/8 = 4pounds

2)  

Maximum contribution margin that can be earned is by selling product A

6000*$18 = $108000  

3)

Product A = 500 units*3*18 = 27000    

pounds left (6000-(500*3))=4500

   

Product C (500*4*15) = 30000    

pounds left (4500-(500*4))=2500

   

Product B (250 units*10*10) = 25000

Maximum contribution margin:

Product A 27000    

Product B 30000    

Product C 25000    

Total 82000

4)

Product A and Product B demand is completely utilised by  

own stock

For Product C more pounds are needed. That is why maximum  

price that can be paid is $10 for additional raw material, which is the contribution margin of product C.

8 0
3 years ago
A 10-year bond with semi-annual coupons is bought at a discount to yield 9% convertible semiannually. If the amount for accumula
Licemer1 [7]

Answer:

The answer is 33.98.

Explanation:

Discount the accumulation of discount in the 19th coupon 18 periods to find the accumulation of discount in the first coupon. Then find the FV of an annuity with 8 as the number of periods with the accumulation of discount in the first coupon as the payment and and you will get 33.98.

Given di19 = C(i − g)v^{20-19+1} = C(i − g)v^{2} = 8, So

= C(i − g)v^{2}(v^{18}+v^{17}+...+v^{11})

=8(\frac{1}{1.045})^{10} \frac{1-(\frac{1}{1.045} )^{8} }{0.045}

=33.98

7 0
4 years ago
Which statement defines equilibrium in a graph showing demand and supply curves?
shtirl [24]

Answer:

A. It is the point where the demand and supply curves intersect.

Explanation:

The term equilibrium is used in economics to mean balance.  The equilibrium price is the balance between the demand and supply forces. Therefore, the equilibrium price is the prevailing market price.

In a graph that shows both the supply and demand curves, the equilibrium point will be the intersection point of the two curves. The intersection or equilibrium point will represent the current market price. A change to either the quantity demanded or quantity supplied will cause the equilibrium point to change.

4 0
4 years ago
A customer with a long option position sells an option in the same series. This is referred to as a:(A)Opening sale(B)Opening pu
Lelechka [254]

Answer:

Opening purchase

Explanation:

This happens when a buyer buys a stock or security with the aim of sustaining or increasing the long position in the stock market.

Buy to open informs the participant about the opening of new market rather than  closing out on the old market.This remains open until an opposition trade takes place.

It is good to also note that a position can be open and close within a very short period.

4 0
3 years ago
Wildhorse Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures we
bija089 [108]

Answer:

10.63%

Explanation:

Weighted average interest rate for interest capitalization purposes.

10%, 5-year, $2,227,300 note payable

11%, 4-year, $3,799,000 note payable.

Principal

$2,227,300

$3,799,000

Total $6,026,300

Interest

10% × $2,227,300 =$222,730

11% ×$3,799,000 =$417,890

Total $640,620

Weighted average interest rate

$640,620/$6,026,300

=10.63%

Weighted average interest rate for interest capitalization purposes.

Expenditures

March 1 $1,812,000

June 1 $1,212,000

December 31 $3,007,840

Total $6,031,840

Capitalization period ×Expenditure =Weighted average accumulated period

10/12 ×$1,812,000 =$1,510,000

7/12×$1,212,000=$707,000

0

Total $2,217,000

Therefore the weighted-average interest rate for interest capitalization purpose is 10.63%

7 0
4 years ago
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