Answer:
The Question is Incomplete; Full Question is as follows;
Using variable costing, what is the contribution margin for last year?
<em>Contribution Margin = $362,900</em>
Explanation:
Computation of expenditure margin by differential costing;
<em>Sales </em><em>Minus </em><em>variable cost </em>
= $1,558,000
- Variable cost of Manufacturing(190,000 units *$1.84)
= $349,600
— variable sales and administrative costs(190,000 units *$4.45)
= $845,500
= contribution margin = $362,900
<em>Keep in mind that; </em><em>Set or Fixed expenses and overhead costs are not taken into account when trying to calculate the contribution margin.</em>
Answer:
Explanation is given below
Explanation:
Given that, the total budget for the media is only $1,000 per month.
For the allocation, each type of media would get at least 25% of the budget.
Hence, from the available information, we have the following:
Parameters:
$1000 = Monthly advertising budget
25%= Minimum spending for each type of media
50 = Value of the index for local newspaper advertising
80= Value of the index for spot radio advertising
Decision variables;
x1= Newspaper advertising budget
x2= Radio advertising budget
LP Model;
Maximize Z=50x1+ 80x2
Subject to:x1+ x2≤1000
x1≥ 250
x2≥ 250
x1,x2≥ 0
p.s. OptimumZ=72, 500,
x1=250,
x2=750
Answer:
Simple interest is paid on large, long-term loans, while compound interest is paid on small, short-term loans. Simple interest is paid on the principal and interest accrued, while compound interest is paid only on the principal. Ask for details.
Explanation:
Answer:
Option D
Explanation:
The Utilitarian Strategy analyses an intervention in consideration of its effects or results; that is, the net advantages and expenses to all different participants.
It aims to accomplish the maximum good for the greatest amount while producing the least amount of suffering or preventing the most suffering.
In a business setting, this method may focus on a statistical methods of likely results, a traditional cost / benefit calculation, or evaluation of the potential usefulness of a result for different group participants.
