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2 years ago

Do Not Change Subscription Price Increase Subscription Price

Business

1 answer:

stealth61 [152]2 years ago

4 0

Answer:

e. There are no dominant strategies in the above payoff matrix

Explanation:

a) Payoff matrix

Do Not Change Increase Subscription

Subscription Price Price

Do Not Change Subscription

Price $500 $400 $200 $700

Increase Subscription Price $600 $300 $300 $100

The players in the matrix payoff game are Daily Voice and Town Herald.

b) There is no dominant strategy that absolutely favors either Daily Voice or Town Herald in this matrix. A dominant strategy will exist if one party is always better off under a particular strategy regardless of the strategy the other party chooses.

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Jackie Swain obtains a $65,000 loan on her home. The principal and interest payments are based on a factor of 8.05 per $1,000. T

Dmitriy789 [7]

Answer:

total interest paid = $123,370

Explanation:

given data

loan = $65,000

factor = 8.05 per $1,000

time = 30 year = 30 year × 12 months = 36 months

rate = 9% = 0.09

solution

first we get here payments on principal and interest for factor 8.05 per $1,000 will be

payments on principal and interest = $65 × 8.05

payments on principal and interest = $523.25 per month

payments on principal and interest = 523.25 × 360 months

payments on principal and interest = $188,370

so total interest paid will be

total interest paid = $188,370 - $65,000

total interest paid = $123,370

6 0

2 years ago

The Maroon & Orange Gym, Inc., uses the accrual method of accounting. The corporation sells memberships that entitle the mem

SashulF [63]

Answer:

c. $180 in 2019

Explanation:

The company uses the accrual method of accounting. Under the method, revenues are reported on the income statement when they are earned, regardless of when the money is actually received or paid.

On July 1, 2017, the company sold a one-year membership and a two-year membership. In 2017, The Maroon & Orange Gym, Inc. has provided service for 6 months of each contracts.

Gross income of one-year membership in 2017 = $40 x 6 = $240

Gross income of one-year membership in 2017 = $30 x 6 = $180

Total income = $240 + $180 = $420

In 2018, the company continued to provide service for 6 months remaining of one-year membership and 12 months remaining of two-year membership.

Gross income of one-year membership in 2018 = $40 x 6 = $240

Gross income of one-year membership in 2018 = $30 x 12= $360

Total income = $240 + $360 = $600

In 2019, the company completed providing service for 6 months remaining of two-year membership.

Gross income in 2019 = $30 x 6= $180

4 0

2 years ago

Standlar Company makes and sells wireless speakers. The price of the standard model is $360 and its variable expenses are $210.

Vladimir79 [104]

Total contribution margin = $3,000, standard models sold at break even=800, deluxe models sold at break even=400, superior models sold at break even=100

<u>Explanation:</u>

1.Using sales mix stated in the fact from Figure to form a package what is the total contribution margin?

total contribution margin =($150 multiply 8) plus ($200 multiply 4) plus ($1,000 multiply 1) = $3,000

2.Refer to Figure, What is the number of standard models sold at break even.

break even units =Fixed cost divide contribution margin per package

= $300,000 divide $3000 =100 package standard models sold at break even=100 package multiply 8 = 800

2.Refer to Figure, What is the number of deluxe models sold at break even.

break even units

=Fixed cost divide contribution margin per package = $300,000 divide $3000

=100 package deluxe models sold at break even = 100 package multiply 4

6 0

2 years ago

Kota Toy Corporation manufactures lizard dolls in two departments, Molding and Assembly. In the Molding Department, plastic is i

noname [10]

Answer:

c.) 82,000

Explanation:

We know that,

The ending work in progress units = Beginning work in process inventory + Units started in production - Units completed and transferred

7,000 dolls = 4,000 dolls + Units started in production - 79,000 dolls

7,000 dolls = -75,000 dolls + Units started in production

So, Units started in production = 75,000 dolls + 7,000 dolls

= 82,000

5 0

2 years ago

The standard cost of product 777 includes 2.0 units of direct materials at $6.00 per unit. During August, the company bought 29,

AfilCa [17]

Answer and Explanation:

The computation is shown below:

Total material variance = Actual quantity × Actual rate - Standard quantity × Standard rate

= 29000 × $6.3 - (16,000 units × 2) × $6

= $182,700 - $192,000

= - $9,300 favorable

Material price variance = Actual quantity × Actual price - Actual quantity × Standard price

= (29,000 units × $6.3) - (29,000 units × $6)

= $182,700 - $174,000

= $8,700 unfavorable

Material quantity variance = Standard quantity × Actual quantity - Standard rate × Standard quantity

= $6 × 29,000 units - $6 × (16,000 units × 2)

= $174,000 - $192,000

= -$18,000 favorable

The favorable is when the standard cost is more than the actual one while the unfavorable is when the standard cost is less than the actual one

8 0

2 years ago