1. 175 demands units per store person. Too much demand could equal too much stress on salespeople they may want higher compensation or leave for another less demanding job.
Could writes how to take business initiatives in marketing plan
a. Description-
b. Goal of initiative-
c. Metrics to measure success-
please write one paragraph to deep explain every points a, b, and c
Answers
To address high demand, marketing plans should enhance compensation, job satisfaction, reduce turnover, and maintain motivation.
a. Description: The business initiative in the marketing plan should focus on addressing the potential stress on salespeople due to high demand per store person. The description should outline strategies to improve salesperson compensation and job satisfaction, aiming to alleviate the burden of excessive demands.
This could involve revisiting the commission structure, providing performance-based incentives, offering training and development opportunities, and fostering a supportive work environment.
b. Goal of initiative: The goal of this initiative is to reduce turnover and maintain a motivated sales team. By addressing the challenges associated with high demand, the aim is to create an environment where salespeople feel valued, supported, and adequately compensated.
This will help retain experienced sales staff, minimize recruitment and training costs, and ensure consistent customer service and sales performance.
c. Metrics to measure success: Success can be measured through various metrics. Employee retention rates are a key indicator of the initiative's effectiveness. If turnover decreases or stabilizes, it indicates that the measures implemented have positively impacted job satisfaction and reduced the likelihood of salespeople seeking less demanding job opportunities elsewhere.
Additionally, conducting satisfaction surveys among salespeople can provide valuable insights into their perception of compensation, workload, and overall job satisfaction.
Lastly, monitoring sales performance indicators, such as sales targets, conversion rates, and customer feedback, can help determine if the motivated sales team is delivering improved results.
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Related Questions
Which of the following would be more typically the responsibility of a controller rather than a treasurer?A) Overseeing accounting and tax functionsB) Capital budgetingC) Managing creditD) Making investment decisions
Answers
overseeing accounting and tax functions would be more typically the responsibility of a controller rather than a treasurer.
Who is considered as treasurer?An organization's treasurer is in charge of managing its finances. Cash and liquidity management, risk management, and corporate finance are among a corporate treasurer's important primary responsibilities. The major responsibilities of a treasurer include supervising the organization's financial management, reviewing policies and financial reporting, advising the board on financial strategy, and providing fundraising advice. A treasurer, often known as a financial controller, is responsible for supervising all financial activities and fundraising attempts made by an organizing committee. Their main responsibilities include managing incoming and outgoing funds, maintaining records, and establishing the budget.A controller, not a treasurer, would normally be in charge of supervising accounting and tax functions.To learn more about treasurer refer to:
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explain why the percentage of the workforce in the secondary sector often declines as a country becomes more developed
Answers
The decline in the percentage of the workforce in the secondary sector as a country becomes more developed is influenced by the shift to a service-based economy, technological advancements, globalization, and higher labor costs.
As a country becomes more developed, the percentage of the workforce in the secondary sector often declines. This can be attributed to several factors. Firstly, economic development tends to lead to a shift from an industrial-based economy to a service-based economy. Developed countries often experience a growth in sectors such as finance, information technology, healthcare, and education. These service sectors require a more skilled and specialized workforce, leading to a decrease in employment within the secondary sector. Secondly, technological advancements and automation play a significant role. Developed countries tend to invest heavily in technology, leading to increased productivity and efficiency in the manufacturing sector. This results in a reduced need for manual labor, leading to a decline in employment in the secondary sector. Moreover, globalization and international trade contribute to the decline. Developed countries often outsource labor-intensive manufacturing activities to developing countries with lower labor costs. This shift in production leads to a decline in employment within the secondary sector of developed countries. Additionally, the improvement of labor regulations and standards in developed countries leads to a higher cost of labor. This, in turn, makes it more attractive for companies to outsource manufacturing activities to countries with lower labor costs, further reducing employment in the secondary sector. These factors collectively drive the transformation of the economy and the changing composition of the workforce.
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An investor buys $19 thousand dollars of ABT stock at $20 per share, using 58% initial margin. The broker charges 9% APR compounded daily on the loan, and requires a 35% maintenance margin. The stock pays $0.74 per share dividend each year. If the stock is sold at the end of the year at $27 per share, what is the investor's rate of return? Enter answer in percents, accurate to 2 decimal places.
Answers
The investor's rate of return is approximately 34.12%.To consider the initial investment, any dividends received, the interest paid on the loan, and the final sales proceeds.
To calculate the investor's rate of return, we need to consider the initial investment, any dividends received, the interest paid on the loan, and the final sales proceeds.
Given:
- Initial investment: $19,000
- Stock purchase price: $20 per share
- Initial margin: 58%
- Loan amount: (1 - Initial margin) * Initial investment = (1 - 0.58) * $19,000 = $7,980
- Loan interest rate: 9% APR compounded daily
- Maintenance margin: 35%
- Dividend per share: $0.74 per year
- Stock sale price: $27 per share
1. Calculate the number of shares purchased:
Number of shares purchased = Initial investment / Stock purchase price = $19,000 / $20 = 950 shares
2. Calculate the interest paid on the loan:
Interest paid = Loan amount * (1 + Loan interest rate) - Loan amount = $7,980 * (1 + 0.09) - $7,980 = $869.22
3. Calculate the total dividends received:
Total dividends = Dividend per share * Number of shares = $0.74 * 950 = $703
4. Calculate the sales proceeds:
Sales proceeds = Number of shares sold * Stock sale price = 950 shares * $27 = $25,650
5. Calculate the net profit:
Net profit = Sales proceeds - Initial investment - Interest paid + Total dividends
= $25,650 - $19,000 - $869.22 + $703
= $6,483.78
6. Calculate the rate of return:
Rate of return = (Net profit / Initial investment) * 100
= ($6,483.78 / $19,000) * 100
≈ 34.12%
Therefore, the investor's rate of return is approximately 34.12%.
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an increase in the demand for a product will cause the
Answers
An increase in the demand for a product will cause the Increase in price because there is a supply that has to be met.
According to the laws of demand and supply, when there is a demand for a particular product, then the price will increase and when there is a decrease in the demand of a product, then the price will reduce.
With this law in mind, we can see that if there is an increase in the price of a particular product, then there will an increase in the price of the product too. This simply obeys the economic law.
Therefore, the correct answer is Increase in price
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You have $100,000 to donate to your college. You want to endow a perpetual scholarship that makes its first payment in 1 year. If the college's discount rate is 5%, how large will the annual scholarship payment be?
Answers
Answer:
$5,000
Explanation:
Calculation for how large will the annual scholarship payment be
Using this formula
Cash Flow= Present Value x Rate
Where,
Present Value =$100,000
Rate=5%
Let plug in the formula
Cash Flow=$100,000*5%
Cash Flow=$5,000
Therefore how large will the annual scholarship payment be is $5,000.
a company intends to expand internationally but wants the lowest possible risk or uncertainty. the organization is most likely to pursue its global operations through
Answers
The company is most likely to continue its international business through Imports and exporting.
Any resources, products, or services that manufacturers offer to consumers in another country are considered imports. CBP provides advice for novice importers, including individuals who have just begun importing or who want to learn more about the procedure.
Exporting and importing are the least complicated international processes. Because a business does not have to invest in establishing production facilities abroad, exporting carries few risks. Both businesses and individual customers depend on imports. Countries like Ellen's frequently have to import things that are either hard to find domestically or are more affordable outside.
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sherri’s team has been assigned the task of investigating pd drainage, a construction firm that her company, high-time properties, inc., is planning to acquire. sherri is leading a(n)
Answers
Sherri's role in the investigation of PD Drainage, a construction firm that High-Time Properties, Inc. is planning to acquire, is that of a leader. Here option A is the correct answer.
As the leader of the investigation team, Sherri is responsible for overseeing and coordinating the entire process. She plays a crucial role in setting the direction, establishing objectives, and managing the team's activities throughout the investigation.
As the leader, Sherri is responsible for delegating tasks to team members, ensuring that each member understands their roles and responsibilities. She also provides guidance and support to team members, ensuring that they have the necessary resources and information to carry out their assigned tasks effectively.
Sherri's leadership skills come into play when making important decisions during the investigation. She analyzes the information gathered, identifies potential risks or issues, and formulates strategies to address them. She collaborates with other stakeholders, such as executives and legal advisors, to ensure that the investigation is comprehensive and aligned with the company's goals.
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Complete question:
Sherri's team has been assigned the task of investigating PD Drainage, a construction firm that her company, High-Time Properties, Inc., is planning to acquire. What is Sherri's role in this investigation?
A) Leading
B) Observing
C) Assisting
D) Reporting
In which quadrant or quadrants of the strategic grid, throughout the timeline of the case, would
you place Bharti Airtel’s Information Technology? Motivate your answer
Answers
The factory, strategic, support, and turnaround quadrants make up the strategic impact grid. The IT Strategic Grid is a structure comprised of four quadrants, each of which refers to one of four possible functions for information systems and IT inside an organisation.
One of the four divisions on a Cartesian plane is a graph quadrant. There is a certain set of negative and positive values for x and y in each of the four sections. An ordered pair is plotted on graph quadrants. Ordered pairs have values for x and y. In an ordered pair, X is the first value and y is the second. The strategic grid enables analysis of the placement of the IT department within the organisational structure and of IT management.
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Which reason best demonstrates why flexibility is important in IT work environment?
Answers
Answer:
Changing work environments require employees to adapt quickly to new technology
Explanation:
(03.04 LC)
Which federal legislation gives consumers the right to know what is in their credit
report?
Answers
Answer:
The Fair And Accurate Credit Transaction Act (FACTA)
Explanation:
Part I
The Scenario:
When the day begins, Mary has $70 in her checking account, and she has overdraft protection
Before work she buys her cousin a round trip bus fare for $10 using her debit card
She then uses the card to get gas in her car for $60
Then she buys groceries with a check of $70.
Then she uses her debit card to buy a $2 coffee
Then she goes to buy a donut for $1 using her card
Finally, she finishes out the day with some shopping to buy new makeup for $30 using her debit card at the store
Compare ABC bank and XYZ bank when
ABC charges $37 overdraft transactions up to 3 a day, no reorder of transactions
XYZ charges $33 overdraft transactions up to 6 a day and reordering transactions from higher to low
Find Balance at the end of the day with each bank
Mary’s balance with ABC bank is ______________
Mary’s balance with XYZ bank is ______-__________
Which bank do you recommend for Mary?________________
Which bank would you choose and why?__________________
Need answers ASAP please it would be greatly appriciated
Answers
Answer:
do u still need
Explanation:
An e-commerce manufacturer wants to invest $85000 in making the factory mold for a new product. Each unit will cost $2.10 to make, plus an additional $0.15 in packaging. This good will sell for $30 each but the manufacturer will incur the $5/unit shipping cost.
1. What is the fixed cost?
2. What is the variable cost?
3. What is the contribution margin?
4. What is the break-even point?
5. How many units must be sold to earn $75000 in profit?
Answers
The fixed cost is $85,000.
The variable cost per unit is $7.25.
The contribution margin is $22.75.
The break-even point is 3,736.26.
The units to be sold to have a profit of $75,000 is 7033
What are the cost functions?A fixed cost is a cost that does not change with the level of output of the good produced. Variable cost is the cost that changes with the level of output. Contribution margin is selling price per unit les variable cost per unit. Breakeven point is the point where total selling price is equal to total cost price.
Variable cost = $2.10 + $0.15 + $5 = $7.25
Contribution margin = selling price - variable cost
$30 - $7.25 = $22.75
Break-even point = $85000 / $22.75 = 3736.26
Profit = selling price - cost price
$75,000 = (30y) - ($85,000 + 7.25y)
Where y is the number of units
$75,000 = 22.75y - 85,000
$160,000 = 22.75y
y = 7033
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Help please.
You have just been hired by a firm in a large city. The organization has two locations with office buildings of four stories or less. It employs about sixty people. As part of your new job, you have been asked to draft a new company safety policy, because the one in place is several years old and no longer useful.
Assignment Directions.
Part 1. Write a short one-paragraph (less than 150 words) introduction to the policy. Be sure to address your audienc
Part 2. construct a table of contents
Part 3. Write an outline of the topics covered in your policy.
Assignment Guidelines.
Be titled: (insert fictional company name here) Workplace Saftey Policy and Procedure.
Include a minimum of seven and maximum of ten main topics in your policy outline.
Answers
Answer:
HEALTH AND SAFETY STATEMENT
1. This is how this organization will manage its health and saftey responsibillities
2. We will manage health and saftey by...
2.1 Controlling the saftey risks at work.
2.2 Involving employes on health and saftey issues that affect them
2.3 Making sure any equipment used is clean, and safe
2.4 Make sure to be careful with dangerous substances and have them secured
2.5 Don't speak with anybody on the outside about the job so nothing happens
Explanation:
I tried man
To write a new safety policy for the company, it is necessary to guarantee the compliance of information for all 60 employees, through information through different channels, such as meetings, e-mails, information panel, etc.
Assuming your safety policy is targeted at a textile industry, the statement could be:
YXZ Textile Clothing Workplace Safety Policy and Procedure:All employees must wear suitable PPE in production areas.The starting, starting and stopping of production machines is only allowed by authorized personnel.Work equipment must be properly maintained and stored in their respective locations.Chemicals must only be handled in the areas and by authorized personnel.Upon finding any breach of security or work processes, the employee must instantly report it to their supervisor.Changing the layout of machinery and any other physical component of the workplace is not permitted.It is essential to dispose of garbage and discarded material in appropriate places.Therefore, it is essential that a company's safety policy is aligned with its performance and configuration, and promotes employee safety, quality and preservation of physical and mental health.
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Which of the following statements is true?
Question 8 options:
A. A college may withdraw its offer of acceptance if it finds out you have lied on your application.
B. Any sort of disciplinary infraction in high school will disqualify you from being accepted to college.
C. Colleges have no way of finding out any more about you than what is included in your application.
D.Having someone else fill out your application shields you from legal responsibility for the information it contains.
15 points. No bit links plz.
Answers
Answer:A
A college may withdraws offer of acceptance if it finds out you have a lied on your application
Explanation: it’s obvious
Answer:
A) A college may withdraw it's offer of acceptance if it finds out you have lied on your application.
Explanation:
It's kinda self explanatory.
Which occurrence is an emerging trend in International agricultural marketing? A the percentage of agricultural trade is decreasing В. the percentage of agricultural trade is increasing C.agricultural markets around the world are shrinking D. developing nations have moved from net importers to net exporters E. developed nations have stopped trading in agriculture
Answers
Answer:
answer is b
Explanation:
Answer:
the answer is b
Explanation:
i got it right on edmentum
A wheel's braking ability depends most on
Answers
In serovia, most people eat dinner after 10:00 p.m. this would be identified in the ________ section of a global market research report.
Answers
In Serovia, most people eat dinner after 10:00 p.m. this would be identified in the "Cultural, societal" section of a global market research report.
What is global market research?Global market research would be an umbrella phrase for the collecting and analysis of data that businesses conduct in countries outside than their home market.
Some key features regarding the global market research are-
This involves anything from consumer understanding to product design research, and includes creating the study, doing the fieldwork, analyzing the data, and reporting the results. It varies from domestic market research in that a knowledge of cultural variations is critical to its successful implementation.Global market research will serve several key functions. It assists businesses in understanding their current or prospective clients in international marketplaces. Such markets — as well as the people who inhabit them — are frequently markedly different from your home market in a variety of ways.Failure to appreciate the many subtle characteristics between different worldwide markets and have a great understanding of them prior to launching a product can be a costly mistake.To know more about the global market research, here
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Anastasia and pressed her boss by making any suggestions for Department improvements and by putting in many
Answers
Anastasia and pressed her boss by making any suggestions for Department improvements and by putting in many organizational citizenship behavior.
What is organizational citizenship?Organizational citizenship behavior is defined in industrial and organizational psychology as a person's voluntary commitment within an organization or company that is not part of his or her contractual tasks. Since the late 1970s, researchers have been studying organizational citizenship behavior.
It raises people's sense of purpose at work. It improves employee performance and productivity; in fact, research shows that OCB predicts performance positively. It improves social interactions among employees. It alleviates stress.
The frequency with which employees engage in extra-role and discretionary behaviors is used to assess organizational citizenship behavior (OCB). A total of 144 managerial employees completed an OCB scale and indicated the number of behaviors on the scale that they believed were formally evaluated.
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state five Forest reserve in Ghana
Answers
Answer:
Akrabong, Obotoumfo, Abasumba, Ahirasu Nos one and two
What percentage of my income should I save for retirement Dave Ramsey?
Answers
About half of Americans aren't saving for retirement, according to research by Dave Ramsey Solutions on the condition of retirement in the US. Even those who do save for Dave Ramsey's retirement don't put enough money down.
Yet making wishes without taking any action is meaningless. If you want your habits and your future to change, you must take new action! The fact is that retirement savings are simpler to achieve than you would believe. We'll go over these three steps:
Establish a retirement savings goal.401(k) and Roth IRA investments should account for 15% of your income.Increasing 15% - Use All of Your Investment Options, Including Your 401(k)The good news is that it is being thought about. In fact, 49% of Americans stated that one of their 2020 New Year's resolutions was to save money. The most common resolutions are to eat healthier and exercise more, and this is right up there with those two.
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how would Americans cover a $400 emergency? personal finance answers
Answers
Answer: Sixty-eight percent of all adults said they would have covered the expense exclusively using cash, savings or a credit card paid off at the next statement. One in 9 even reported they wouldn't be able to cover a $400 emergency expense whatsoever
Explanation:
List 5 motives for the construction of various media?
Answers
Answer and Explanation:
For the construction of various media, the five motives are as follows
1. Develop connections and make connections: For motivating the social media we have to establish the connections and through it, we can easily make the connections,
2. Sharing the news of the company: Post the news of the company to various social media so that the public at large get attracted towards it
3. Voice opinion: Voice opinion also matters for establishing the several medias
4. People opinion for the company: Customer satisfaction is the utmost priority for the company so that the company could able to know what changes are required in the product to deliver it in the best manner
5. Communicated with employees: The communication with the employees also matters as the employees could be delivered their idea to better the company services
Media is the plural word of the medium that is the means of communication. The news channels, radios, magazines, and many other social things are communicated to the general public by means of media only. The media covers the speech or the incident and lets it known to the general public at no time.
The five motives for the construction of social media are:
1. Developing and making connections: For motivating social media there is a need to establish connections and suing those conections new connections can be made.
2. Sharing the company's reviews: After the company gets its name on social media, it gets famous among a group of people at no more time.
3. Voice opinion: Voice opinion also matters for interacting the several medias
4. People's opinion of the company: Customer satisfaction is the utmost priority of the company so that the company could able to know what changes are required in the product to deliver it in the most satisfactory form.
5. Interaction with employees: Communication with the employees also matters as the employees could deliver their idea to better the company's services.
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On her first day on the job, Sharon treats a patient who is highly anxious and worried. What advice from your book should Sharon keep in mind?It usually helps to point out to an emotional person that things could be much worse.If a patient is emotional, you should tell the person things will be okay, even if you are not sure what may happenSharon should find a more experienced person to take over the case.People usually appreciate it when others acknowledge their emotions and are willing to listen.
Answers
When encountering a highly anxious and worried patient, Sharon should keep in mind that people usually appreciate it when others acknowledge their emotions and are willing to listen.
Sharon, on her first day on the job, encounters a highly anxious and worried patient. In this situation, the advice from the book that Sharon should keep in mind is that people usually appreciate it when others acknowledge their emotions and are willing to listen.
When someone is experiencing strong emotions, it is important to validate their feelings and provide a supportive and empathetic environment. By acknowledging the patient's emotions, Sharon can create a sense of trust and understanding. She can reassure the patient that she is there to listen and help in any way possible.
While it is tempting to try to minimize the patient's worries by pointing out that things could be worse or by making promises about the outcome, these approaches may not be helpful. Each person's concerns and fears are valid to them, and it is essential to respect their emotions rather than dismiss or invalidate them.
Instead of making uncertain promises, Sharon should focus on providing reassurance and support. She can let the patient know that she understands their anxiety and is committed to working together to address their concerns.
Sharon can offer a listening ear and encourage the patient to express their fears and worries openly, ensuring that they feel heard and understood.
If Sharon feels overwhelmed or uncertain about handling the situation, it would be appropriate for her to seek guidance from a more experienced colleague or supervisor. This demonstrates her commitment to providing the best possible care for the patient and shows her willingness to learn and grow in her role.
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Attracting a new basic industry is important to a community, primarily because itA). changes the community's functional classification.B). stimulates new nonbasic industries.C). disrupts the central place hierarchy.D). changes the nation's rank-size distribution of settlements.E). replaces obsolete industry
Answers
Attracting a new basic industry to a community is important primarily because it stimulates the growth of new nonbasic industries. Therefore, option B). stimulates new nonbasic industries. is the correct option.
Attracting a new basic industry to a community can stimulate the growth of new nonbasic industries, such as service providers and retailers, which can support the growth and development of the community. Basic industries are those that export goods and services outside of the community, bringing in revenue from outside sources.
By attracting a new basic industry, a community can create jobs, increase the demand for goods and services, and generate economic growth. This, in turn, can lead to the growth of new nonbasic industries that cater to the needs of the community and support its overall economic development.
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outline 2 advantages to H&H of using secondary market research
Answers
Explanation:
It provides quick information and factual background perspectives
It is less expensive and affordable
What subjects are required to become a real estate agent?
Answers
Answer:
this is ans:
Explanation:
Before you can take the real estate license exam, you will take classes in subjects like real estate fundamentals, real estate law, and mortgage financing. You can take these courses at a community college, state college, or university to earn a certificate, an associate degree, or a bachelor's degree in real estate.
if a change must be made to un-subdivided land after a public report has been issued, what must the owner do?
Answers
If a change must be made to un-subdivided land after a public report has been issued, the owner must submit a new application to the governing agency for approval of the change.
1. Review the terms and conditions outlined in the public report, which may specify the steps to follow for making changes to the land.
2. Consult with any relevant regulatory agencies or local authorities to determine if the proposed change is allowable and if any additional permits or approvals are required.
3. Submit a request for an amendment to the public report, detailing the proposed changes to the un-subdivided land and providing any necessary supporting documentation.
4. Obtain approval for the proposed changes from the relevant regulatory agency or authority that issued the public report.
5. Update any related land records or documents, such as property deeds or site plans, to reflect the approved changes to the un-subdivided land.
By following these steps, the owner can ensure that the changes to the un-subdivided land are made in compliance with the requirements set forth in the public report and any applicable regulations.
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Stephenson Limited produces a variety of products for the computing industry. The company’s CEO plans to produce a new product, WiFi router and asked the controller to prepare some information and be ready to meet with him to discuss about it. In preparing for the meeting, the controller accumulated the following data: Selling price of a router $1,250 Direct materials per router $270 Direct labour per router $130 Variable overhead per router $80 Total fixed costs $120,000
Required: a) Calculate the contribution margin per unit, break-even point in units and in sales dollar.
b) Calculate the number of units that must be sold and the amount of sales revenue to earn $300,000 of profit.
c) Calculate the break-even point in units and in sales dollar if the company were to reduce variable costs by $220 per unit by investing in technology resulting in an overall increase of $20,000 in total fixed costs? d) The CEO believes the company can increase sales by 50 units if advertising expense is increased by $31,000 based on the original data. Justify whether the company should increase advertising expenditure.
Answers
a) Contribution Margin per Unit: $770, Break-Even Point in Units: ≈ 155.84, Break-Even Point in Sales Dollars: ≈ $194,800.
b) Number of Units for $300,000 Profit: ≈ 584.42, Sales Revenue for $300,000 Profit: ≈ $730,525.
c) New Contribution Margin per Unit: $1,410, New Break-Even Point in Units: ≈ 94.33, New Break-Even Point in Sales Dollars: ≈ $117,912.50.
d) Additional Sales Revenue: $62,500, Contribution from Additional Sales: $38,500, Additional Advertising Expense: $31,000. Conclusion: Increase in advertising expenditure is justified as it would result in a positive contribution to profit.
a) To calculate the contribution margin per unit, break-even point in units, and break-even point in sales dollars, we need the following information:
Selling price per router: $1,250
Direct materials per router: $270
Direct labor per router: $130
Variable overhead per router: $80
Total fixed costs: $120,000
Contribution Margin per Unit:
Contribution Margin per Unit = Selling Price per Unit - Variable Costs per Unit
Contribution Margin per Unit = $1,250 - ($270 + $130 + $80)
Contribution Margin per Unit = $1,250 - $480
Contribution Margin per Unit = $770
Break-Even Point in Units:
Break-Even Point in Units = Total Fixed Costs / Contribution Margin per Unit
Break-Even Point in Units = $120,000 / $770
Break-Even Point in Units ≈ 155.84
Break-Even Point in Sales Dollars:
Break-Even Point in Sales Dollars = Break-Even Point in Units × Selling Price per Unit
Break-Even Point in Sales Dollars = 155.84 × $1,250
Break-Even Point in Sales Dollars ≈ $194,800
b) To calculate the number of units and sales revenue needed to earn $300,000 of profit, we need to consider the contribution margin per unit and total fixed costs:
Number of Units for $300,000 Profit:
Number of Units = (Total Fixed Costs + Desired Profit) / Contribution Margin per Unit
Number of Units = ($120,000 + $300,000) / $770
Number of Units ≈ 584.42
Sales Revenue for $300,000 Profit:
Sales Revenue = Number of Units × Selling Price per Unit
Sales Revenue = 584.42 × $1,250
Sales Revenue ≈ $730,525
c) If the company reduces variable costs by $220 per unit and incurs an additional $20,000 in total fixed costs, the new calculations would be:
New Contribution Margin per Unit = $1,250 - ($270 - $220 + $130 + $80) = $1,410
New Break-Even Point in Units = ($120,000 + $20,000) / $1,410 ≈ 94.33
New Break-Even Point in Sales Dollars = 94.33 × $1,250 ≈ $117,912.50
d) To determine whether the company should increase advertising expenditure, we need to consider the additional sales generated by the increased advertising and compare it to the additional expense:
Contribution Margin per Unit: $770
Additional Units Sold: 50
Additional Sales Revenue: 50 × $1,250 = $62,500
Contribution from Additional Sales = Additional Units Sold × Contribution Margin per Unit = 50 × $770 = $38,500
Additional Advertising Expense: $31,000
Since the contribution from the additional sales ($38,500) exceeds the additional advertising expense ($31,000), it would be justified for the company to increase advertising expenditure as it would result in a positive contribution to profit.
Please note that these calculations are based on the provided data and assumptions, and actual results may vary.
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a bus can travel 194 miles in 4 hours.how many miles can the bus travel in 1 hour
Answers
194 mph / 4 hrs
= 194 / 4
= 48.5 mph
The adage, "There is no such thing as a free lunch," means
a) Even people on welfare have to pay for food,
b) The cost of living is always increasing,
c) People face tradeoffs,
d) All costs are included in the price of a product.
Answers
Based on the idiomatic concept and expression, the adage, "There is no such thing as a free lunch," means "People face tradeoffs."
What is the Adage?The adage is a term that is used to describe the proverbial terms or words which express a general truth.
In this case, the adage which is "There is no such thing as a free lunch," can be explained that even when people are getting free things, they are paying for it in another way, they might not be aware of.
This explanation is similar to the phrase "People face tradeoffs." This implies that to get a thing X, we will have to give up or sacrifice other things W, Y, or Z.
In other words, we have to decide to choose one alternative out of the many alternatives available to us.
Hence, in this case, it is concluded that the correct answer is option C. "People face tradeoffs."
Learn more about Adage here: https://brainly.com/question/27143677
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