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Brilliant_brown [7]
2 years ago
5

5-When a local auto repair shop sponsors a local softball​ team, it is using the​ _____ element of the promotional mix.

Business
1 answer:
mote1985 [20]2 years ago
3 0

When a local auto repair shop sponsors a local softball​ team, it is using the​ public relations element of the promotional mix.


Public relations allows a company to create a good image with the public through relations and organizations they work with for the public to see. When the local auto repair shop sponsors a local softball team, they are not only advertising their name, but people are recognizing them as a company that gives back. By being active in their community they are building public relations.

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The rate of ___________ has been fluctuating wildly this week.
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Alex's sporting goods is the only official supplier of soccer balls for games and practices at all levels of play in the northwe
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We are given that:

Annual Demand, D = 150,000

Cost per Order, S = 93

Carrying Cost, H = 1.5

We can use the EOQ formula to get the answer:

EOQ = √(2*D*S/H)

EOQ = √(2*150000*93/1.5)

<span>EOQ = 4312.77 = 4313 balls</span>

3 0
2 years ago
Jim just found a job with a take-home pay of $1,000 per month. he must pay $500 for rent and $100 for groceries each month. he a
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5 0
2 years ago
Break-Even Sales Under Present and Proposed Conditions Portmann Company, operating at full capacity, sold 1,000,000 units at a p
Ne4ueva [31]

Answer:

1.                                            Variable           Fixed

Cost of goods sold          70,000,000     30,000,000

Selling Expenses             12,000,000        4,000,000

Administrative Exp.           6,000,000         6,000,000

Total                                  88,000,000     40,000,000

Note:

Cost of goods sold 70% 30% on 10,000,000 for variable and Fixed respectively

Selling expenses 75% 25% on $16,000,000 for variable and Fixed respectively

Administrative expenses 50% 50% on $12,000,000 for variable and Fixed respectively

2. Unit Variable cost = Total variable cost / Units produced

Total Variable cost          88,000,000

Unit produced                  <u>1,000,000</u>

Unit variable cost             <u>      88      </u>

<u />

Unit Contribution margin = Selling Price - Variable cost per unit

Selling Price                        $188

- Variable cost per unit       <u>$88</u>

Unit Contribution margin   <u>$100</u>

<u />

3. Break even Point (Units) = Fixed cost / Contribution margin per unit

Fixed cost                                    40,000,000

Contribution margin per Unit        <u>   100    </u>

Break even Point (Units)               <u>400,000</u>

<u />

4. Break even point (units) = Fixed cost / Contribution margin per unit

Fixed cost                                           40,000,000

Increased Fixed cost                           <u>5,000,000</u>

Total New fixed cost                          45,000,000

Contribution margin per unit              <u>     100       </u>

Break even point (units)                      <u>450,000</u>

<u />

5. Determined sales units = (New fixed cost + Desired Income) / Contribution margin

New Fixed Cost                45,000,000

Desired Income                <u>60,000,000</u>

                                         105,000,000

Contribution margin          <u>      100         </u>

per unit

Determined sales units    <u>  1,050,000</u>

<u />

6. Maximum Income from operation = Total New sales - Total New variable cost - Total Fixed cost

Sales                               188,000,000

Increased sales               <u>11,280,000</u>

Total New sales              199,289,000

Variable cost                    88,000,000

New Variable cost             5,280,000

Total New Variable cost   93,280,000

Total New Fixed cost       <u>45,000,000</u>

Maximum Income from   <u>61,000,000</u>

operation

Number of units = Increase in sales / Price per unit

New variable cost = Number of units * Unit variable cost

Increased sales                    11,280,000

Price per unit                         <u>    188     </u>

Number of units                      60,000

Unit variable cost x                  <u>88.00</u>

New Variable cost                 <u>5,280,000</u>

<u />

7. Net income = Sales - Variable cost - New fixed cost

Sales                           188,000,000

Less: Variable cost      88,000,000

Less: New fixed cost   <u>45,000,000</u>

Net Income                  <u>55,000,000</u>

<u />

8. Option b. In favour of the proposal because of the possibility of increasing income from operation.

4 0
2 years ago
"" In order to produce 100 oatmeal cookies, GoodieCookieCo incurs an average total cost of $0.25 per cookie. The company’s margi
Alenkinab [10]

Answer:

Total cost to produce 50 oatmeal is $20

Explanation:

We have given average total cost to produce 100 oatmeal cookies = $0.25

So Total cost = 0.25×100 = 25

Total variable cost  to produce 100 cookies = marginal cost×100 = 0.1×100 = 10

Total fixed cost to produce 100 cookies = total cost-total variable cost = 25-10 = $15

Total cost of producing 50 cookies

=total fixed cost + total variable cost

=total fixed cost +(marginal cost ×50)

=15+(0.1×20)

=15+5

=$20

8 0
2 years ago
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