Feedback is when you give a person a thought of how they did something like if you read me a novel I would tell you what you need to improve and what I liked or disliked.
Answer: $92,880
Explanation:
The Gross Profit can be calculated by simply removing the cost from the sales amount.
It is stated that the additional processing will yield 10,000 bags of Premium Green and 3,600 bags of Green Deluxe, which can be sold for $7.55 and $5.55 per bag.
Sales figure is therefore,
= (10,000 * 7.55) + (3,600 * 5.55)
= 75,500 + 19,980
= $95,480
Subtracting the cost to get,
= 95,480 - 2,600
= $92,880
The total gross profit would is $92,880.
Answer:
a. Journal entries to record the reinstatement of the account receivable
Account Title and Description Debit Credit
Account receivable account $600
Allowance for Doubtful Accounts account $600
(Reinstatement of the account receivable)
b. Journal entries to record the receipt of cash
Account Title and Description Debit Credit
Bank Account $600
Account receivable account $600
(Receipt of cash)
Flesch Corporation produces and sells two products, in case if there is any shift in the sales from product Y45E to C90B, then the breakeven will also decrease, since the contribution margin for Product C90B is less than the Product Y45E.
Contribution Margin: Total Contribution ÷ Total Sales
Product C90B:
=(26100-9135) ÷ 26100
= 35%
Product Y45E:
= (33540-15093) ÷ 33540
= 45%
Since the contribution margin of Product C90B < Product Y45E, the breakeven will decrease.
The options are:
A) reverse engineeringB) value chain extensionC) focused strategyD) niche market
Answer:
Value chain extension.
Explanation:
Value chain extension are the steps a company takes to extend the reach of their products to customers, and multiple relationships are built that impacts the bottom line.
In this instance eBay customers write a review after each purchase and the reviews are now used by buyers to evaluate the seller's.
EBay in turn gives special privileges. This is eBay creating an extended value chain in delivering it's products to customers.
