Answer:
The annual breakeven point in sales dollars for Company X is $90,000
Explanation:
Hi, in order to find the break even point (BEP) in dollars, we need to use the following formula.
Everything should look like this.
Best of luck.
When fashion fair cosmetics offers marketing assistance to resellers that buy its products, the promotional technique used is called the Push Sales Strategy. It is a technique where the manufacturers would "push" the products to the market by the supply chain to the consumer. These manufacturers are termed as wholesalers while the bridge to the consumers are called the retailers. With this type of strategy, incentives are being given to the retailers to motivate them of purchasing. Incentives can be discounts, premiums, buy-back guarantees and services like from the statement, marketing assistance. The other strategy is called the pull sales strategy where the manufacturer would make the consumers interested in their products.
In this case, Kellogg's would be in the GROWTH stage of the product life cycle. They are gaining market share and sales are increasing.
Answer:
<u>Total Current Liabilities $1,929,750</u>
Explanation:
The question is prepare the current liabilities section of Bon Nebo Cos. Balance Sheet as at March 31, 20Y9
Current Liability refers to the company's financial obligation to others or third parties that are due within a year. Current Liabilities usually include taxation for the year based on the net income, advances paid by people/customers for benefits they are to enjoy within the next one year. It could also include creditors if any and other accounts payable
For Bon Nebo Co. The Current Liabilities Section is as follows as at March 31, 20Y9
Particulars Amount
Federal Income Taxes Payable $336,000
($840,000 x 40%)
Add: Advances for Magazine Subscription $1,593,750
(25,000 x $85)
=2, 125,000 x(9/12)
(This is because by March 20Y9, only
three months would have been supplied
out of 12 months)
<u>Total Current Liabilities $1,929,750</u>
First, we need to determine how much per month Jay was spending:
200,000 / 100 = 2000
(2000)(.49)= 980$ a month
Then, mutiply by the 10 months:
9800$ dollars
