Name two things other than the 5 C’s that can affect pricing

Jennifer deposited $1,750 in a saving account that earns 1.9% simple interest. How much interest has Jennifer earned by the end

Sergeu [11.5K]

Simple interest formula
I=PRT
I=interest
P=principal=amount invested
R=rate in decimal
T=time in years

we are given
P=1750
R=1.9%=0.019
T=1

I=PRT
I=(1750)(0.019)(1)
I=33.25

that's how much interest

total will be $1750+interest=$1750+$33.25=$1783.25

your answer is right

8 0

2 years ago

Stiller Corporation incurred fixed manufacturing costs of $12,000 during 2011. Other information for 2011 includes: The budgeted

DiKsa [7]

Answer:

Cost of Goods Sold will contain 9,600 of the fixed manufacturing cost

Explanation:

actual fixed cost 12,000

Under absorption cost, the produced units will take the complete manufacturing cost

total manufacturing cost / produced units

12,000 / 1,500 units = 8

Then, we multiply by the amount of units sold to know how much of the manufacturing cost were recognize during the period

1,200 x 8 = 9,600

The rest, will be capitalized into inventory.

6 0

2 years ago

Suppose a movie theater determines it can charge different prices to patrons who go to weekday matinees and people who attend ev

bija089 [108]

Answer:

increase the price of weekend and evening tickets

decrease the price of matinee tickets

Explanation:

If the price elasticity of demand is elastic, a small change in the price of movie tickets will cause a larger change in the quantity demanded. If the price elasticity of demand is inelastic, a large change in the price will cause a small change in the quantity demanded.

If the PED for weekend and evening patrons is inelastic, then the movie theater should increase the price of the weekend and evening tickets in order to increase total revenue. In this case, a 10% increase in price will result in a 5% decrease in sold tickets.

If the PED for matinee patrons is elastic, then the movie theater should decrease the price of the matinee tickets in order to increase total revenue. In this case, a 10% decrease in price will result in a 17% increase in sold tickets.

7 0

2 years ago

Imagine that your friend is the CEO of a company, called Magna Clothes, that manufactures cool new clothing accessories for both

Ivanshal [37]

Answer:

a) & b) are true. c) & d) are false.

Explanation:

WTO is an international (intergovernmental) organisation, supervising international trade between countries.

a) is true. It seeks to establish impartial procedures for resolving trade disputes among its members.

It seeks to reduce remaining trade barriers through multilateral negotiations, b) is true

c) is false. It is headquartered in Geneva, Switzerland (not Belgium)

d) is false. Existence of the WTO has allowed most member countries to replace their local currencies with a universal currency beginning in 2002. It is an international trade organisation, not monetary policy organisation.

5 0

2 years ago

Edington Electronics Inc. produces and sells two models of pocket calculators, XQ-103 and XQ-104. The calculators sell for $14 a

Shtirlitz [24]

Answer:

The sales projections for the first 6 months are:

Product: XQ-103

Q1 + Q2 Sales (units) = 49,220

Q1 + Q2 Sales ($) = $689,080

Product: XQ-104

Q1 + Q2 Sales (units) = 30,260

Q1 + Q2 Sales ($) = $817,020

Explanation:

A sales budget is implemented to support the planning process of a Business. It give an indication of the commercial engagements the business intends pursuing over a course or period and helps the Business managers evaluate if this is in line with the corporate objective.

A lot of factors are considered before developing a sales Budget. Some are external while others are internal. These are a few:

*First to be considered is the historical sales performance of the business.

*Then the improvement the business wants to make in how it sells and how it markets its products in the new year.

*The size of the market. Are we seeing more users or uses for our product

*competitive landscape. How well do we fare versus competition. Is it easy for new players to come into the industry etc

Edington Electronics Inc.

Sales Budget

for 2 Quarters ending June 30 2020

Product: XQ-103

Q1 projections.

Sales (units) = 22,840

Selling price Per Unit = $14

Sales in Quarter 1 = $319,760

Q2 projections.

Sales (units) = 26,380

Selling price Per Unit = $14

Sales in Quarter 2 = $369,320

First half Year projections.

Q1 + Q2 Sales (units) = 49,220

Q1 + Q2 Sales ($) = $689,080

Product: XQ-104

Q1 projections.

Sales (units) = 13,540

Selling price Per Unit = $27

Sales in Quarter 1 = $365,580

Q2 projections.

Sales (units) = 16,720

Selling price Per Unit = $27

Sales in Quarter 2 = $451,440

First half Year projections.

Q1 + Q2 Sales (units) = 30,260

Q1 + Q2 Sales ($) = $817,020

7 0

2 years ago