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enot [183]
3 years ago
5

Using the variable cost method, determine the selling price (rounded to the nearest dollar) for 30,000 units using the following

data:
Variable cost per unit $15
Total fixed costs $90,000
Desired profit $150,000
a. $23
b. $10
c. $8
d. $15
Business
1 answer:
Brilliant_brown [7]3 years ago
7 0

Answer:

c. $8

Explanation:

Calculation to determine the selling price

First step is to calculate the Markup percent

Markup percent= (90,000 + 150,000) / (30,000 x 15)

Markup percent = .533

Now let calculate the selling price

Selling price=533 x $15 per unit

Selling price= $8

Therefore the Selling price will be $8

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A marketing research supplier that quotes an unrealistically low price for marketing research, only to raise it with add-ons, et
liberstina [14]

Answer:

A marketing research supplier that quotes an unrealistically low price for marketing research, only to raise it with add-ons, etc., is engaging in the ethical breach known as;

Low-ball pricing.

Explanation:

A market research supplier is a market research company that offers various services to its clients including; problem identification, data collection and analysis, research design and reporting. Businesses rely on accurate and reliable information for their success. This provides a base of knowledge about the existing and prospective customers, which is important in formulating strategies to ensure that set organizational goals are achieved. They also provide information about the competition which can be used to find ways of gaining a competitive advantage over them. Market research is also important in the planning process to ensure that all alternatives are considered beforehand to ensure that only the ones with higher potential of success is considered.

In the field of marketing research, there are ethical standards and practices to be met. Ethical standards are there to control the behavior of professionals in that particular field. However, there are certain behaviors that are considered as an ethical breach. An example is low-ball pricing which is the act of using a low price initially to attract clients then raising the price of the research later on through other means that the client was not aware of.

6 0
4 years ago
Mcclelland's research suggests that the need for achievement is?
goldenfox [79]

It is the desire to attain an aim that pushes a person to work and even fight. People with high success needs strive to attain their goals by avoiding low-reward, low-risk scenarios and difficult-to-achieve, high-risk ones.

<h3>When was McClelland's theory of needs developed?</h3>
  • In the 1960s, American psychologist David McClelland established his needs theory, now known as the Achievement Theory of Motivation.
  • This idea is still widely used in psychology and academics, but it is also beneficial to business leaders and managers.
  • The more you understand about the psychology of human motivation, the more prepared you will be to motivate your staff effectively.
  • According to McClelland's thesis, everyone is motivated by one of three needs: success, affiliation, or power.

Learn more about McClelland's theory refer

brainly.com/question/16002769

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4 0
2 years ago
When resistance to change is based on insufficient, incorrect, or mis-leading information, managers should use ____ as an approa
taurus [48]

Answer:

C. Education and communication.

Explanation:

Since in the question it is mentioned that the resistance to change depend upon the non-sufficient, not correct or the information that misleads so here the managers should use the education & communication for managing the resistance as the given situation represent the education and communication scenario.

Therefore the same is to be considered

hence, the correct option is B.

3 0
3 years ago
On September 1, the board of directors of Colorado Outfitters, Inc., declares a stock dividend on its 22,000, $13 par, common sh
Tpy6a [65]

Answer:

(I)

retained earnings 92,400 debit

         common stock          28,600 credit

        additional paid-in       63,800 credit

(II)

retained earnings 924,000 debit

         common stock          286,000 credit

        additional paid-in       638,000 credit

(III) no entry required

Explanation:

22,000 x 10% = 2,200 new shares

market price:

2,200 X $42 = 92,400

book value

2,200 x $13 =  28,600

additional paid-in

                       63,800

100% sotkc dividends:

22,000 x 100% = 22,000 new shares

market price:

22,000 X $42 = 924,000

book value

22,000 x $13 =  286,000

additional paid-in

                          638,000

the stock split will not change the accounting as the total value fo the equity remains the same.

7 0
4 years ago
Which type of leaders acts as an “information centre and exercises minimum control?
Grace [21]

Answer:

Explanation:

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Jejdjdjdhddh

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3 0
3 years ago
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