Answer:
$2.73
Explanation:
Contribution margin:
Red = Unit Contribution margin × Sales Mix
= $ 2.90 × 2,100
= $6,090
Black = Unit Contribution margin × Sales Mix
= $ 3.00 × 700
= $2,100
Total contribution margin = Red + Black
= $6,090 + $2,100
= $8,190
Total sales mix = 2,100 + 700
= 3,000
Weighted CM:
= Total Contribution Margin ÷ Sales Mix
= $8,190 ÷ 3,000
= $2.73
Effectiveness means producing the desired result with an application of minimum effort, expense, and waste.
<h3>What is effectiveness?</h3>
When a firm or a producer produces goods or services by application of the available resources in the best possible way, ensuring their optimum utilization, the firm is engaged in bringing effectiveness in production.
Hence, option B holds true regarding effectiveness.
Learn more about effectiveness here:
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Answer:
Jordan Enterprises
1) The impairment loss = $110,000.
2) Journal Entry to record the impairment loss:
Debit Broadcast License Impairment Loss $110,000
Credit Accumulated Impairment Loss $110,000
Explanation:
a) Data and Calculations:
Broadcast license original cost (book value) = $786,000
Market value of similar broadcast license = 676,000
Impairment loss = $110,000
b) US GAAP defines impairment loss as the decrease in an asset's net carrying value. This means that impairment loss arises when the book or net carrying value is greater than the future estimated cash flows or the market value of the asset.
Answer:
Difficult entry, Mutual interdependence, Market is control by a few large firms.
Explanation:
An Oligopolistic market very few organisations control a particular market share. Likewise, when another organisation attempts to enter the market, there are obstructions set up by the current organisations. Similarly, if one organisation changes or alter a commodity, it affects all other firms and organisations. So there is mutual interdependence in the oligopolistic market. There is high mutual interdependence because firms produce identical or the same goods and services.
