Answer:
an engraving service for pen owners who may wish to will their pens to loved one.
Bic is a large publicly traded company with significant financial resources.
Explanation:
Mont Blanc uses differentiation strategy to address to consumer social and emotional needs. The best strategy will be to provide pen with name or a special message engraved in the pen according to the consumer needs. This will focus on consumer social needs and pen owners will love to will their pens to their loved ones.
Bic is large publicly traded company which has significant financial resources available to it. Bic will not wish to compete with Mont Blanc as it will require financial resources to capture its target market. Bic pens are cheaper and consumers are attracted to it because of its low price and ease in availability.
Answer:
The correct answer is: maximized; reducing; increasing.
Explanation:
An oligopoly market is a market structure in which there is a small number of firms. The business decisions of each firm affect its competitors. There is no restriction on entry and exit of firms. There is a high degree of competition between firms.
The firms can maximize their profits if they collude and act like a monopoly. They can earn monopoly profits by reducing the level of output and increasing the price of products.
Answer:
Cash flow generated from financing activities: 5,200,000
Explanation:
Financing activities are the cash outflow and inflow from the company's debt and equity. Take and repayment of debt, interest on debt and dividend yield will be included in this section:
Cash received from issuance of notes payable 8,000,000
Dividends paid on Gorky common stock (800,000)
Repayment of notes payable <u> (4,000,000) </u>
Cash flow generated from financing activities: 5,200,000
The machinery and planyt building are not financing activities. So we ignore them.
Answer:
$166.8
Explanation:
Given that,
Units expected to produced = 400,000 units
Machine hours required = 1.2 each
Manufacturing overhead costs:
= Department 1 + Department 2
= $2,530,000 + $2,752,000
= $5,282,000
Total Machine hours:
= Department 1 + Department 2
= 30,000 MH + 8,000 MH
= 38,000 MH
Overhead cost per machine hour:
= Manufacturing overhead costs ÷ Total Machine hours
= $5,282,000 ÷ 38,000 MH
= $139 per MH
Overhead cost per unit:
= Overhead cost per machine hour × Machine hours required for each
= $139 per MH × 1.2
= $166.8
Answer:
Her kitchen Staff can spend up to $3.00 on product cost.
Explanation:
Selling price= $10.00
Margin= $4.00
Labor costs = $10.00*30% = $3.00
Selling Price = Contribition margin + Labor costs + Product Cost.
Isolating Product cost from the equation:
Product cost = Selling price - (Contribution margin + Labor costs)
Product cost = $ 10.00 - ($4.00 + $3.00)
Product cost = $ 10.00 - $7.00
Product cost = $ 3.00
The max. amount that kitchen staff can spend on product cost is: $ 3.00
