Answer:
A.sell the product at a much higher price (than the market price), and then offer a discount
Total contribution margin = $3,000, standard models sold at break even=800, deluxe models sold at break even=400, superior models sold at break even=100
<u>Explanation:</u>
1.Using sales mix stated in the fact from Figure to form a package what is the total contribution margin?
total contribution margin =($150 multiply 8) plus ($200 multiply 4) plus ($1,000 multiply 1) = $3,000
2.Refer to Figure, What is the number of standard models sold at break even.
break even units =Fixed cost divide contribution margin per package
= $300,000 divide $3000 =100 package standard models sold at break even=100 package multiply 8 = 800
2.Refer to Figure, What is the number of deluxe models sold at break even.
break even units
=Fixed cost divide contribution margin per package = $300,000 divide $3000
=100 package deluxe models sold at break even = 100 package multiply 4
Answer:
A credit to Cash of $299
Explanation:
Journal Entry Debit Credit
Merchandise inventory $62
Delivery charges $46
Office supplies $30
Miscellaneous expenses $51
Cash over and short
$100
Cash $299
Cash to be reimbursed = Minimum cash balance required - Cash balance left
Cash to be reimbursed = $500 - $201
Cash to be reimbursed = $299
Option C
As a manager with D-Lighting Industries, part of Darius’ job is to make specific short-term decisions about what his department must do to achieve D-Lighting’s long-term success. Darius is involved in: tactical planning.
<u>Explanation:</u>
Tactical planning demands a company's strategic plan and establishes ahead specific short-term activities and ideas, regularly by the company board or function. Tactical planning is splitting up those intentions into practicable tasks that we can begin programming into our task management practice and schedule.
In the tactical phase, the market is acknowledging to paramount facts. Lower-level supervisors have a greater knowledge of day-to-day actions, and they are habitually the ones accountable for tactical planning. In trades and the managerial world, tactical decisions are quite common.
Answer:
The answer to this question is b. for a single project only.
Explanation:
A joint venture is a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity.
The joint venture business usually last for the duration of the project it has come together to undertake. After which the individual businesses can go back to its usual operation.
Hence, the answer is b. for a single project only.
