Answer:
6. a)
total fixed costs = $600,000
product mix:
1 Diablo: 2 Call of Duty: 3 Sekiro: 4 Starcraft II
Contribution margin per unit:
- Diablo = $55 - $22 = $33
- Call of Duty = $48 - 17 = $31
- Sekiro = $33 - $12 = $21
- Starcraft = $22 - $11 = $11
Contribution margin per product mix = $33 + (2 x $31)) + (3 x $21) + (4 x $11) = $172
break even number (in product mix) = $600,000 / $172 = 3,488.37 ≈ 3,489 product mixes
6.b)
- Diablo = 3,489 games
- Call of Duty = 3,489 x 2 = 6,978 games
- Sekiro = 3,489 x 3 = 10,467 games
- Starcraft = 3,489 x 4 = 13,956 games
Answer:
a. Total revenue received:
= 4,500 * 140
= $630,000
Date Account Title Debit Credit
XX-XX-XXXX Cash $630,000
Unearned revenue $630,000
Revenue is unearned because the games have not been played yet therefore Blue Spruce University has not provided the service for which it was paid and has not earned the revenue.
b. The revenue per game is:
= 630,000 / 12 games
= $52,500
Date Account Title Debit Credit
XX-XX-XXXX Unearned Revenue $52,500
Revenue - Ticket Sales $52,500
Answer:
Starting a business is a big achievement for many entrepreneurs, but maintaining one is the larger challenge. There are many standard challenges every business faces whether they are large or small. These include things like hiring the right people, building a brand, and so on.
Explanation:
You can get jobs such as social media manager, accountant, advertising manager, marketing analyst, marketing manager, financial planner, budget planner
Answer:
A good marketing tactic for reaching cold prospects is Advertising
Explanation:
A cold prospect is a qualified potential customer that has little or no knowledge about your goods and service or about your company. to make them know about you can reach them through target advertising because you don't have their personal contacts yet to do them a personalized email or calls.
