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Rudik [331]
1 year ago
10

Exercise C The marketing department of Specialty Coffees estimates the following monthly demand for espresso in these four price

-quantity relationships: Demand 1 9,000 cups at $1.00 per cup 2 8,000 cups at $1.25 per cup 3 6,000 cups at $1.50 per cup 4 4,000 cups at $1.75 per cup The fixed costs of $3,000 per month are not affected by the different price-volume alternatives. Variable costs are $0.25 per cup. What price should Specialty Coffees set for espresso
Business
1 answer:
SIZIF [17.4K]1 year ago
6 0

Answer:

It should price the espresso at $1.25

Explanation:

\left[\begin{array}{ccccc}&D1&D2&D3&D4\\$Sales Price&1&1.25&1.5&1.75\\$Variable Cost&0.25&0.25&0.25&0.25\\$Margin&0.75&1&1.25&1.5\\$Quantity&9,000&8,000&6,000&4,000\\$Contribution&6,750&8,000&7500&6,000\\$Fixed Cost&3,000&3,000&3,000&3,000\\$Income&3,750&5,000&4,500&3,000\\\end{array}\right]

The best Income is generated at the price of 1.25 dollar

Therefore, this is the amount to Specialty Coffees set for espresso.

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Joel was recently hired as a police officer in his city's police department. As part of employee training, his supervisor trains
Assoli18 [71]

Answer:

On-the job training.

Explanation:

This is explained to be normal emphasized training that working staffs are seen to undergo; especially newly employed staffs, which is a direct training while doing the actual job they are been hired or paid for. A a good and reasonable trainee in this aspect is seen to be appreciative when given this chance to develop knowledge and skills without ever leaving work. In this employee training format, employees are seen to receive your workplace needs, norms, and culture and familiarize with them. Internal job training and employee development bring a special plus. This is why in the scenario above, Joel's supervisor trains him off-site on the use of firearms.

3 0
1 year ago
Younjin is a purchasing agent for Acme Enterprises. One of the products she is responsible for is copier paper for the company's
belka [17]

Answer:

Modified rebuy.

Explanation:

The buyer in a modified rebuy wants to change product specifications, price, delivery requirements, or other terms. The out suppliers see this as an opportunity to propose a better offer to gain some business.

Characteristics:

-buyers feel they can make significant advances if they review their buying situation on a regular basis.

-often, changes in styles, materials or even alternative solutions facilitate this review.

-Another reason for modified rebuy is dissatisfaction with present suppliers.

-new supplier was able to find the present supplier´s weaknesses and offered buyers new alternatives to fix their problems.

8 0
1 year ago
Suppose the united states has two​ utilities, commonwealth utilities and consolidated electric. both produce 20 million tons of
d1i1m1o1n [39]

Answer:

A. Using a cap-and-trade system of tradable emission allowances will eliminate half of the sulfur dioxide pollution at a cost of $5,000 million per year.

B. If permits cannot be traded, then the cost of the pollution reduction will be $6,000 million per year

Explanation:

A. Using a cap-and-trade system of tradable emission allowances will eliminate half of the sulfur dioxide pollution at a cost of $5,000 million per year.

(250x20) =$5000

B. If permits cannot be traded, then the cost of the pollution reduction will be $6,000 million per year

[250(10)+350(10)]

=$2,500+$3,500

=$6,000

5 0
2 years ago
Here is the capital structure of Microsoft. What part of the $117.67 share price (to the nearest dollar) is represented by cash?
BartSMP [9]

Answer: $17 (to the nearest dollar)

Explanation:

The Cash in the price of the stock price is represented by the formula;

Cash = \frac{Cash and Cash Equivalents}{Market Capitalisation} *Share Price

Cash = \frac{127,662,000,000}{902,635,911,922} *$117.67

Cash = 16.642355

Cash = $17 (to the nearest dollar)

7 0
1 year ago
Shellhammer Company's inventory records show the following data for the month of September: Units Unit Cost Inventory, September
Pie

Answer:

Shellhammer Company

Ending inventory = $712

Cost of goods sold = $2,492

Explanation:

a) Data and Calculations:

Date                     Item          Units           Unit Cost     Total Cost

September 1    Inventory           100           $3.34          $334.00

September 8   Purchases        450             3.50          1,575.00

September 18 Purchases        350              3.70          1,295.00

September 30 Total                900                            $3,204.00

Ending inventory                     200

Cost of goods sold                 700

Weighted Average cost = Total cost of goods available for sale/Total units available for sale

= $3,204/900 = $3.56

Value of Ending Inventory = $3.56 * 200 = $712

Value of Cost of goods sold = $3.56 * 700 = $2,492

b) The weighted average inventory costing, under the period inventory system, used by Shellhammer is an assumption that the costs attributable to ending inventory and cost of goods sold are determined from the average cost per unit and that these the average cost is ascertained at the end of the period.  Therefore, the cost of beginning inventory and purchases are accumulated and divided by the units of goods available for sale.

4 0
1 year ago
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