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2 years ago

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Mercedes-Benz runs a TV commercial advertisement that displays one of its top-of-the-line cars. As the driver pulls up to a vale

t, people turn their heads and stare at the car. Mercedes-Benz has effectively leveraged which need in Maslow’s hierarchy?

1 answer:

asambeis [7]2 years ago

8 0

Answer:

esteem

Explanation:

esteem

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Given the following data: Selling price per unit $ 2.00 Variable production cost per unit $ 0.30 Fixed production cost $ 3,000 S

Shkiper50 [21]

Answer:

Break Even Point in Dollars = $6,000

Explanation:

Break Even Point in Dollars = $\frac{Total \: Fixed \: Cost}{Contribution \: Per \: Unit}$ $\times$ Selling price per unit.

Total Fixed Cost = Fixed Production cost + Fixed Selling Expenses

Fixed Production Cost = $3,000

Fixed Selling Expense = $1,500

Total Fixed cost = $3,000 +$1,500 = $4,500

Contribution per unit = Selling price - Variable Cost per unit

Selling Price Per Unit = $2.00

Variable Cost Per Unit = Variable Production cost + Sales commission

Variable Production cost = $0.30

Sales Commission Cost = $0.20

Variable Cost per unit = $0.30 + $0.20 = $0.50

Contribution per unit = $2.00 - $0.50 = $1.50

Break-even point = $\frac{4,500}{1.5} \times 2 = 6,000$

Break Even Point in Dollars = $6,000

3 0

2 years ago

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Jobs, Inc. has recently started the manufacture of Tri-Robo, a three-wheeled robot that can scan a home for fires and gas leaks

DaniilM [7]

Answer:

Part A

Purchasing the product would result in saving of $25000, if the fixed overhead of $405000 can be avoided.

Part B

Making the product would result in saving of $5000.

Explanation:

It is important to consider only the relevant cost i.e. those cost which will not be incurred if a particular decision is made and will incur if the other option is chosen.

Part A

Purchasing the product would result in saving of $25000, if the fixed overhead of $405000 can be avoided.

The Relevant cost of manufacturing the product and the purchase price are as computed below in the second image.

Part B

Making the product would result in saving of $5000.

3 0

2 years ago

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Grizzly Company had Retained Earnings at December 31, 2018 of $300,000. During 2019, the company had revenucs of $600,000 and ex

scZoUnD [109]

Answer:

b. $358,500

Explanation:

Given;

Retained Earnings at December 31, 2018 = $300,000

In 2019,

Revenue = $600,000

Expenses = $525,000

Declared and paid dividends = $16,500

Retained earnings on the balance sheet as of December 31, 2019

= $300,000 + $600,000 - $525,000 - $16,500

= $358,500

The right option is b. $358,500

3 0

2 years ago

On April 2, Kelvin sold $40,000 of inventory items on credit with the terms 1/10, net 30. Payment on $24,000 sales was received

motikmotik

Answer:

Explanation:

The journal entry is shown below:

1. Accounts receivable A/c Dr $160

To Sales discounts forfeited $160

(Being sales discount is recorded)

The computation of the sales discount is shown below:

= (Sales value - payment made) × discount rate

= ($40,000 - $24,000) × 1%

= $160

2. Cash A/c Dr $16,000

To Accounts receivable A/c $16,000

(Being cash is received)

4 0

2 years ago

What do firms stand to gain by increasing their market power

Ivahew [28]

Answer:

Increase in profit.

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1 year ago

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