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Ipatiy [6.2K]
3 years ago
10

Phoenix decorating company is responsible for designing and building many of the floral floats seen in the tournament of roses p

arade every new year's day. phoenix's designers start preparing the floats for the next year's parade soon after the first of the year. for each corporate sponsor, phoenix gets their best advertising team members, and they sit in a room for several hours throwing out every idea they can come up with, no matter how good or bad it is. after a substantial list has been created, they then go through every idea and rate its merits or deficits, until they come up with the best idea to pitch to the corporate sponsor. this process demonstrates
Business
1 answer:
Murljashka [212]3 years ago
4 0
The answer is creative cognition. Creative Cognition joins unique investigations with existing work in intellectual brain science to give the principal express record of the subjective procedures and structures that add to innovative considering and discovery.In isolate sections, the creators take up representation, idea arrangement, classification, memory recovery, and critical thinking.
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Valarie owns a company that makes specialized components for the auto industry. Her most important customer is a company that is
Salsk061 [2.6K]

Answer:

Need to accommodate the growth of key customer is the correct answer.

Explanation:

3 0
3 years ago
________ measures the percentage of profit earned on each sales dollar before interest and taxes but after all costs and expense
pentagon [3]
I think it is D. Gross profit margin because that is you profit before all of added taxes and every thing else.
7 0
3 years ago
During the current year, Bradford Company purchased some of the 90,000 shares of common stock, par $ 6 , of Hall, Inc., as a lon
jok3333 [9.3K]

It's a long-term investment and the company owns 45% of shares of Hall Inc. Hence the company exercises significant influence over Hall Inc.

The various journal entries on the transaction occured would be  made as under:

No. Account Name                     Debit                                Credit

1. Investment                         1296000  

 Cash                                                                         1296000

     

2. Investment                           97650  

 Investment income

           (217000 x 45%)                                                            97650

     

3. Cash                                       64800  

 Investment (1.60 x 40500)                                                64800

         

The effect on the cash flow statement will be:

Operating activities:  

                                   No effect        0

Investing activities:  

        Purchase of investment -1296000

            Receipt of dividends 64800

The current stock price is also known as the marketplace fee. it's far the fee at which a share of inventory or every other security is ultimately traded. In an open market, the modern charge functions as a baseline . Divide equity by the wide variety of stocks issued. If, say, the company's well worth $10 million and there are 10,000 shares, the share fee of every percentage is $1,000.

Learn more about The share market here:- brainly.com/question/690070

#SPJ4

 

3 0
2 years ago
1. I Co. recently began production of a new product, an electric clock, which required the investment of
dlinn [17]

Answer:

I Co.

1. Desired profit = 10% of invested assets

= $3,200,000 x 10%

= $320,000

2a. Total Variable cost per unit

Variable costs Per unit :

Direct labor                                 $ 10

Direct materials                              6

Factory overhead                         $ 4

Variable Product Cost  ($20)

Administrative and selling           $ 5

Total Variable cost per unit     $25

b. Total fixed cost per unit

Total fixed cost per unit = $2,400,000/160,000 = $15

c. The selling price per unit

Sales / quantity = $7,520,000/160,000 = $47

Explanation:

Data:

Variable costs Per unit :

Direct labor                         $ 10

Direct materials                      6

Factory overhead                $ 4

Variable Product Cost      $20

Administrative and selling  $ 5

Total Variable cost per unit      $25

EA

Fixed costs:

Manufacturing                       $ 1,600,000

Administrative and selling          800,000

Total fixed costs                   $2,400,000

b) Cost-plus approach to product pricing:  This approach requires the addition of the direct materials, direct labor, and overhead costs

c) Required profit = 10% of invested assets

= $3,200,000 x 10%

= $320,000

d) Product cost:

Variable cost = $20 x 160,000 = $3,200,000

Fixed manufacturing costs          $1,600,000

Total production cost                  $4,800,000

Product cost per unit $4,800,000/160,000 = $30

e) Income Statement to determine Sales Revenue

Sales                           $7,520,000

Cost of goods sold

      ($30 x 160,000)     4,800,000

Gross profit                $2,720,000

Fixed Costs:

Manufacturing            $ 1,600,000

Administrative & selling  800,000

Profit                             $320,000

7 0
4 years ago
Alpine Thrills Ski Company recently expanded its manufacturing capacity. The firm will now be able to produce up to 32,000 pairs
Effectus [21]

Answer:

35.98%

12,362 pairs

$2.53

9,688 pairs

Explanation:

As per the data given in the question,

1)

As we know that

Contribution margin ratio = (Contribution margin per unit) ÷ (Selling price per unit) × 100

where,

Contribution margin per unit = Selling price per unit - variable cost per unit\

So,

Selling price = $137.00

Variable cost = $87.70

Contribution Margin = $137.00 - $87.70 = $49.30

Contribution margin ratio = $49.30 ÷ $137.00

= 35.98%

2)

Net Income after tax = $41,620

Income Before tax = $41,620 ÷ 50%

= $83,240

Now Pairs of touring skis will be sold by company = (Income before tax + fixed cost) ÷ Contribution Margin

= ($83,240 + $526,200) ÷ $49.30

= 12,362 pairs

3)

Break-even of mountaineering model

= Fixed cost ÷ (Selling price per unit - variable cost per unit)

= $622,400  ÷ ($149 - $87.70)

= $10,153

Now Let Variable cost be Y

$10,153 = $526,200 ÷ ($137 - Y)

Y = $85.17

Therefore, Variable cost per unit decreased by

= ($87.70 - $85.17)

= $2.53

4)

New Fixed cost

= Fixed cost × increased percentage

= $526,200 × 1.15

= $605,130

New variable cost per unit

= $87.70 × 0.85

= $74.54

New Break-even point = New Fixed cost ÷ Contribution Margin

= $605,130 ÷ ($137-$74.54)

= 9,688 pairs

4 0
3 years ago
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