This is the concept of business mathematics. The question requires us to calculate the profit margin given the that the cost of production is $20, variable cost is $12 and marginal cost is $18. Also we are told that the price per product is $15.
Profit=Revenue-Cost
Revenue=100*15=$1500
Total cost=20+12+18=$50
Therefore the profit margin will be:
1500-50
=$1450
Answer:
Units of Product XYZ must be produced during October are A) 1,400
Explanation:
Units of Product XYZ must be produced during October = Units of Product XYZ are sold during October + units of Product XYZ on hand October 31 - units of Product XYZ on hand October 1.
Gala Corporation has 300 units of Product XYZ on hand on October 1 and 500 units on hand October 31.
The company plans to sell 1,200 units of Product XYZ during October.
Units of Product XYZ must be produced during October = 1,200 + 500 - 300 = 1,400 units.
The deduction in the year of purchase for E&P purposes due to the acquisition and expensing of the equipment is: <u>$3,000</u>.
<u>Explanation</u>:
E&P refers to accumulated earnings and profits in accounting term. The term was commonly related with the stockholders of corporations. Accumulated earnings and profits are generally calculated by obtaining the net profit of the company after paying dividends to the stockholders.
The economic ability of the corporation can be measured through E&P. In the above scenario, the Boxer Corporation purchases equipment for $15000 with seven-year of class life. This purchase comes under the <u>Sec.179</u>. The deduction in the year of purchase for E&P purposes will be $3000 for Boxer Corporation.
Answer:
DivetheBlue has earned a reputation for selling high-quality products. This exemplifies a non price position.
Explanation:
A non price positioning is a marketing strategy in which a company prices its position which is not compatible with the market based on the kind of quality, design or workmanship they are providing to the customer.
DivetheBlue also focuses on the quality of their products and price accordingly, higher than the rest of the market. They have non price positioning which has specific loyal customer base.
