Answer:
$1,275,000
Explanation:
The computation of the contribution margin is shown below:
As we know that
Contribution margin = Sales - variable cost
or
Selling price per unit - variable cost per unit
And, the direct material per unit, direct labor per unit, and the Variable overhead per unit are variable cost
So, if 50,000 units are sold, the contribution margin per unit is
= 50,000 × ($33 - $1.50 - $2.50 - $3.50)
= $1,275,000
Answer:
These are the options for the question:
A.credibility of the source
B.information quality
C.whether the information is negative or positive
D.the cost of obtaining the information
E.how the information is to be used
And this is the correct answer:
C.whether the information is negative or positive
Explanation:
Because the information is being gathered with the goal of obtaining feedback from the customers about how the company could improve, making such changes depend on whether the information is negative or positive.
If for example, all the customers gave positive feedback, then the company would not need to change anything about its operation: it would be satisfying customer expectations.
Answer:
Qe 2
Pe 2
Demand price elasticity -0.60
Supplu price elasticity 3
i. It will decrease
As the demand as a more than proportionate price elasticity will overreact to the input price and their subsequent price increase with a reduce in consumption.
Explanation:
We equalize both to get the equilibrium quantity (Qe)
4 - 2/3Qe = 1 + 1/3Qe
Qe(2/3 + 1/3) = 4 - 1
Qe = 3
Then we solve for equilibrium price (Pe)
Pe = 4 - 2/3 x 3 = 4 - 2 = 2
Pe = 1 + 1/3 x 3 = 1 + 1 = 2
Price elasticity of demand at equilibrium:
variation in quantity / variation in price
we solve for Q when P = 3 and compare the variation
(1.33-3) / (3 - 2) = -1.66/1 = -1.66
Price elasticity of supply at equilibrium: ( 6 - 3) / (3 - 2) = 3 / 1 = 3
Answer:
D
Explanation:
Price discrimination is when the same product is sold at different prices to customers in different markets
types of price discrimination
1. first degree price discrimination : here sellers charge each consumer at their willingness to pay in order to eliminate consumer surplus.
2. second degree price discrimination : here firms offer different prices depending on the quantity purchased. e.g. giving discounts for bulk purchases.
3, third degree price discrimination : firms charge different prices to different groups of customers. e.g. having a certain price for senior citizens, students
Answer:
Explanation:
Starbooks Corporation
Trial balance as at September 30, 2018.
Account. DR. CR
Accounts Payable $603
Accounts Receivable $303
Acc Depreciation $903
Cash $303
Common Stock $203
Deferred Revenue. $203
Depreciation Expense $303
Equipment. $3,203
Income Tax Expense $303
Interest Revenue $103
Notes Payable (long-term) $203
Notes Payable (short-term) $503
Prepaid Rent $103
Rent Expense $403
Retained Earnings $4,570
Sal. & Wages Exp. $2,203
Service Revenue $6,209
Supplies $503
Supplies Expense $203
Travel Expense $2,603
Total. $12,100 $12,100
The retained earning balance that would be reported in the balance sheet at the end of September is $4,570
