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kotegsom [21]
3 years ago
6

Principal Printing produces custom labels and stationery for companies. In conducting CVP analysis of its Personalized Package,

management decided to determine how many of the packages would need to be sold in order to justify continuing the product line. Management determined that fixed costs direct related to this particular product amounted to $54,000 annually. Principal reported $240,000 of gross sales related to this product and variable product costs of $180,000. Assuming that each Personalized Package sells for $12 per unit, what is the minimum amount of total sales dollars of Personalized Packages that Principal needs in order to justify the product line
Business
1 answer:
BartSMP [9]3 years ago
6 0

Answer:

18,000 personalized packages

Explanation:

Profit-volume ratio = ($240,000 - $180,000) / $240,000

Profit-volume ratio = 0.25

Profit-volume ratio= 25%

Break-Even-Point = $54,000 / 25%

Break-Even-Point = 216,000

The minimum personalized packages that needs to sell to break even:

= Break-Even-Point /  Personalized Package sales per unit

= 216,000 / $12

= 18,000 personalized packages

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Wittaler [7]

Answer:

The electrical action has the better expected monetary value with 492,000

Explanation:

We will multiply the expected outcome by their probability then, we add them to get the expected monetary value per option:

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\left[\begin{array}{cccc}$Electrical&Return&Probability&Weight\\$Light&-600000&0.1&-60000\\$Morerate&240000&0.3&72000\\$Heavy&800000&0.6&480000\\$Total&&1&492000\\\end{array}\right]

3 0
3 years ago
This type of networking includes developing coalitions within the organization. These relationships should be developed upwards
Mashcka [7]

Answer: Professional networking

Explanation:

 The professional networking is one of the type of networking that focus on accessing the data or information on the international level and it also maintain the relationship of the trust in an organization.

It basically include the development of effective coalitions in an organization and structure the professional goals for developing the professional network.

Therefore, Professional networking is the correct answer.

4 0
3 years ago
Natasha, nelson, and nikolai are all looking to buy flashlights for a camping trip. natasha is willing to pay $4, nelson is will
d1i1m1o1n [39]

Consumer surplus is the difference between the total amount a consumer is willing to pay for an item and what they actually pay. The total amount that Natasha, Nelson and Nikolai are willing to pay for the flashlight is $34, the amount they do pay is $20. So, the total consumer surplus for them is $14.

4 0
3 years ago
The senior leadership and board of directors are meeting to determine the key priorities for community Hospital for the year ahe
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Answer:

lol umm i knew it but then forgot

Explanation:

7 0
2 years ago
The strategy of convincing a customer to buy a higher-priced item than he or she had originally intended is called
Sauron [17]
It's called an upselling

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The example of an upselling is when you want to buy a cheap house, but the salesman manage to convinced you that buying another expensive house is good for your investment, and you buy the expensive one instead.


5 0
3 years ago
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