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4 years ago

In order to price discriminate, a firm must

Business

1 answer:

Andreyy894 years ago

8 0

Answer:

A. have permission from the government.

B. face a downward-sloping demand curve.

C. set price equal to marginal cost.

D. be sure the price-marginal cost ratio is the same for all its submarkets.

Explanation:

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Last month Peggy Company had a $42,028 profit on sales of $331,200. Fixed costs are $83,828 a month. What sales revenue is neede

valina [46]

Answer:

Break-even Sales revenue =$220,600

Explanation:

Breakeven point is the level of activity that equates the total cost to the total revenue.

At the break-even point the business makes no profit and no loss.

Break-even point = Total fixed cost for the period / Contribution margin ratio

Contribution margin = total contribution/ total sales

Contribution = Fixed cost + profit

Contribution = $42,028 + $83,828

= $125,856.00

Contribution to sales ratio

= (125,856.00 /331, 200) × 100

= 38%

Break-even sales revenue = $83,828/0.38

=$220,600

3 0

4 years ago

Read 2 more answers

On January 1, 2009, Diego owed $14,033 to his friend Ricardo, who was kind enough not to charge Diego any interest. Each month d

aleksandrvk [35]

Answer:

$481

Explanation:

Amount paid = Amount lent - Amount left

Amount paid = $14,033 - $8,261

Amount paid = $5,772

Average amount paid each month = Amount paid / Number of months

Average amount paid each month = $5,772 / 12

Average amount paid each month = $481

So, the average amount of Diego's monthly payments is $481.

6 0

3 years ago

Madison Corporation's production cycle starts in the Processing Department. The following information is available for April: Un

Nastasia [14]

Answer:

Equivalent units = 270,000

Explanation:

Under the weighted average method of valuation, to account for completed units, it is assumed that the entire degree of work required is done in the period under consideration. So there is no separation of the completed units into opening inventory and fully worked.

Completed Units= total units in process during April - Closing WIP

= 280,000 - 25,000 = 255,000

Note that the description 'total units in process in during April', implies that the opening inventory is inclusive in the figure of 280,000.

Equivalent units = degree of completion(%) × units

Item Equivalent units

Completed units 255,000 255,000× 100% = 255,000

Closing work in progress 25,000 25,000× 60% = 15,000

Total equivalent units 270,000

Equivalent units = 270,000

6 0

3 years ago

If an american student purchases a calculator made by a mexican owned company located in arizona, what would happen to consumpti

Nesterboy [21]

They would increase.

Supposing that the Mexican owned company stays in the USA for more than a year, the student's expenditure will be accepted.

6 0

3 years ago

Read 2 more answers

Events that occur after the December 31, 2021 balance sheet date, but before the balance sheet is issued, and provide additional

Serhud [2]

Answer:

C) used to record an adjustment to Bad Debt Expense for the year ending December 31, 2021.

Explanation:

Retained earnings account cannot be adjusted after December 31 (or whenever the balance must be done), but bad debt expense can be adjusted, specially if it increases.

Generally a company estimates it bad debt expense, the different methods used to estimate bad debts (allowance, percentage or aging methods) are used more commonly than the direct write-off method. But as every estimate, they can be close to reality or not.

E.g. some companies might have a very important client that represents a large portion of their credit sales, and if suddenly that large client that had always paid on time defaults, that event must be included in the balance sheet since the bad debts expense will increase significantly.

6 0

3 years ago