The best plan of activity for Olaf is devised an arrangement by
1. getting a nitty-gritty information of the venture.
2. Dissecting the current assetsFinalizing a group
3. Performing venture review
4. Actualizing and keeping a nearby beware of the task turning points and due dates.
This situation is known as cannibalization. Cannibalization is a marketing strategy that refers to the reduction company's see in there sales volume, revenue or market share of a current product when they release a new product. When a company releases a new product, those who are fans of their other products will likely try the new product instead of the hold which initially brings down the volume they sell and make from the initial product.
Answer and Explanation:
The computation of the advertising expense that should be record for the two month under following basis is
a. For cash basis
It should be recorded at $2,000
b. For accrual basis
= $2,000 ×2 ÷5
= $800
In this way, it should be determined
And, the same should be relevant
Answer:
Prime costs= $480,000
Explanation:
Giving the following information:
Grin produced 4,000 cameras with the following costs:
Direct materials $400,000
Direct labor 80,000
Manufacturing overhead 320,000
To calculate the prime costs we need to use the following formula:
Prime costs= direct material + direct labor
Prime costs= 400,000 + 80,000= $480,000
Solution:
Q MC FC VC TC AFC AVC ATC
0 NA 50 0 50 NA NA NA
1 50 50 50 105 50 50 105
2 19 50 64 104 20 32 52
3 85 40 149 189 13.33 49.67 63.00
4 223 40 372 412 10 93 103
TC=FC+VC
FC=40
VC=TC-FC
MC=change in TC
AFC=FC/Q
AVC=VC/0
ATC=TC/0
a) TC when 0=0 = 40 because FC = 40 remains constant and the firm still incurs a total cost equal to its FC when it produces zero output.
b) MC for first unit = 45
c) ATC of 3rd unit = 63
d) AVC for 4th unit = 93
