Answer:
a) Augmented product: Previous Sabre models have won high praise from the automotive industry, and all 500 units of past vehicles have sold within weeks of announcement
b) Promised product: Sabre provides each potential customer with a list of customizable features that can be added during the manufacturing process.
c) Tangible product: Sabre designs and manufactures each automobile in-house; it makes every part of the car, from the tires to the brakes to the transmission to the metallic paint. Sabre employees make each car by hand.
d) Core product: Sabre is a performance automobile manufacturer headquartered in Ulster, Ireland. It has been in business for eighteen years and has brought twenty performance-oriented automobiles to market during this time.
Explanation:
a) The augmented product is defined as one that is capable of exceeding consumer expectations. In this case, the cars were sold very fast since customers were met with their expectations regarding the product offered.
b) In this case, Saber is able to customize each car with a series of additional features that offer the user so that he is able to have his own car as he would like
c) Tangible products are defined as goods or services that are manufactured, dispatched and delivered, that is, in this case, cars
d) Saber's main product is the manufacture of high performance cars. That is its main product and its strength in the business
For this you're going to use the I=PRT formula! so i=interest, p=principal, r=rate, and t=time (in years). so basically here we are going to plug in the equation, I=(2700)*(0.016)*(0.5) and we get 21.60! I=PRT is a simple interest formula, which is used for the simple plug and chug equations like this. Just remember to convert months to years and move over your decimals!
Answer:
$1,275,000
Explanation:
The computation of the contribution margin is shown below:
As we know that
Contribution margin = Sales - variable cost
or
Selling price per unit - variable cost per unit
And, the direct material per unit, direct labor per unit, and the Variable overhead per unit are variable cost
So, if 50,000 units are sold, the contribution margin per unit is
= 50,000 × ($33 - $1.50 - $2.50 - $3.50)
= $1,275,000
<span>The Assistant Secretary of Defense for Networks and Information Integration also known as the DOD Chief Information Officer is responsible for that. The Assistant Secretary of Defense for Networks and Information Integration is in charge of managing all DOD information technology even national security systems and serves as the Chief Information Officer.</span>
Answer:
See below.
Explanation:
1)
Calculating cost of goods sold by assuming periodic average.
Total cost of inventory at the beginning of 2018 = 10,000 * 7 = $70,000
Total Cost of inventory purchased during the year = 50000*8.50 = $425,000
Avg cost of inventory = 70,000 + 425,000 / 60,000 = $8.25/unit
Cost of goods sold hence, 54000*8.25 = $445,500
2)
The effect of LIFO is as follows,
Assuming out of the 54000 sales 50,000 were @ $8.50 and 4000 @ $7
so cost of goods sold then would be = $453,000
This means that LIFO will cause a negative effect of $7500 and reduce income by this amount.
Hope that helps.
