Answer:
(a) 65.22%
(b) $28,800; $38,400; $9,600
Explanation:
Total cost:
= variable cost + fixed cost
= (12,000 × 0.90) + 18,000
= 28,800
Total Revenue:
= quantity of cupcakes sold × selling price of each cupcake
= 12,000 × 3.2
= 38,400
Profit:
= Total revenue - Total cost
= 38,400 - 28,800
= 9,600
Break even sales:
= Fixed cost ÷ contribution margin
= 18,000 ÷ (3.2 - 0.90)
= 7,826.087
Break even volume in capacity:
= Break even sales ÷ Cupcakes produced
= 7,826.087 ÷ 12,000
= 65.22%
Answer:
4167
Explanation:
Contribution margin = fixed cost / (sales price per unit - variable cost per unit
$25,000 / ($30 - $24) = 4167.
Answer:
Commoditization
Explanation:
This is known as commoditization. Commoditization can be defined as a a process whereby goods and services can no longer be distinguished from similar offerings that is being made by a rival company. In a particular category such goods are so alike that for you to find the difference between them, you do so via the price tags
<span>The first Job has a 100% chance for Mark to earn $50,000.
While the second Job Has a possible 50% chance for Mark to earn $20,000 and another possible 50% chance for him to earn $80,000 ($20,000 + $60,000)
If mark is risk neutral (Meaning that he is insensitive as regards to risk taking) and he wants to maximize his expected utility then Mark will go for the 100% chance of earning $50,000.</span>
Thanks to technology, almost anyone to be global, with two varying results: Small companies can get started more easily but move slower.
<h3>Facts about Internet commerce </h3>
- Allows for more access to customers from around the world.
- Increases chances of profitability.
Small companies have smaller catalogues to sell and so can easily get involved in internet commerce. They however, are not as rich as large companies which means that they will not be able to invest enough to move as fast as large companies.
Find out more on internet commerce at brainly.com/question/6586612.