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AleksandrR [38]
1 year ago
11

Wd-40, inc. markets only one product, its namesake chemical lubricant. the company offers the product in several different conta

iner sizes: smaller ones for household use, and larger ones for industrial use. wd-40 would be considered as having a
Business
1 answer:
Genrish500 [490]1 year ago
5 0

WD-40 is considered as having a narrow product mix. Product mix is also known as product assortment. Product mix means the variety and number of product lines the company or business is offering. Product mix is to be improved from time to time as customer changes it needs, so product managers shall create new product lines that meet the needs of the clients.  

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ChowMein Company is the exclusive Montana distributor of lawn mowers for a small manufacturing company. It sells only one model
frozen [14]

Answer:

ChowMein Company

a. Monthly break-even point in sales dollars = Fixed Costs/Contribution margin

= $2,000/50%

= $4,000

b. Monthly break-even point in units = Fixed Costs/Contribution per unit

= $2,000/$300

= 6.67 or simply 7 units

c. Monthly income for April:

Sales ($600 * 15) = $9,000

Variable cost ($300 * 15) = $4,500

Contribution =   $4,500

Fixed Costs = $2,000

Income = $2,500

d. Monthly income for May:

Sales ($600 * 20) = $12,000

Variable cost ($300 * 20) = $6,000

Contribution =   $6,000

Fixed Costs = $2,000

Income = $4,000

e. Margin of Safety for April:

Sales in April minus Break-even Sales

= $9,000 - $4,000

= $5,000

Explanation:

Data and Calculations:

Unit selling price = $600

Unit variable costs = $300 ($250 + 50)

Unit Contribution = $300

Contribution margin = 50% ($300/$600 * 100)

Fixed Costs = $2,000

April sales = 15

May sales = 20

4 0
1 year ago
Second-degree price discrimination: Multiple Choice results in transfer pricing. None of the answers are correct. is the practic
Dafna1 [17]

Answer:

is the practice of posting a discrete schedule of declining prices for different ranges of quantities

Explanation:

In the case of the second degree price discrimination, the firm should chares the different kinds of the prices as per the quantity demanded i.e. if the large quantities are ordered so it should be charged at the less price and if the small quantities are ordered so it should be charged at the high prices. The motive behind this is to motivate the bulk sales that means when the buyer purchased the products in bulk so he will get the high discounts

Therefore the third option is correct

6 0
1 year ago
When installing a motor control system, list four major factors to consider concerning the power system.
beks73 [17]

Answer:

power source, motor type , motor connection, and environment and controller

Explanation:

when we install motor control system

there are many factor which we consider while installing and they are as

  1. power source that is need for operate machine
  2. motor type that is depend on our work output
  3. motor connection need horse power and service factor etc
  4. environment that is also important for outside of equipment with dust and moisture etc
  5. controller type it is depend upon type of motor and its purpose

so these are some type of factor which we consider while installing

5 0
1 year ago
A large beer company previously had a yearly budget of $50 million per year for advertising but increased the budget to $60 mill
ella [17]

Answer:

Yes they can continue advert but only if the 1% is equivalent or greater than the 10$ spent on advert.

Explanation:

There is an increase in revenue by 1%, this indicates that a number of people were attracted to the product because of the advert. With this the company might do better with consistent advert in subsequent year. They can change the channel of advert, improve on the quality of advert or change the time and location of the advert. Infarct, the 1% increment in revenue can be up to 20$ since we are not sure of the exact company's revenue. But if the 1% is far lower than the amount spent, the company can seek advice from professionals.

4 0
1 year ago
4. Human judgment and experience can play a role in the advent of stock market crash because
notka56 [123]

Answer:

Investors with an experience of financial crises are better at diversifying their portfolios

Explanation:

When an investor has experienced a financial crisis in the past, and decides to diversify his investment portfolio as a result, he is using both human judgment and experience to take the best decisions available to him.

Diversifying your investment porftolio is a good decision because it reduces risk (although it may also reduce profitability so there is a trade-off). Investors with past experience tend to spread their investments in order to reduce risk and avoid large losses. They do this because they see the possibility of a new financial crisis in the near future.

8 0
1 year ago
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