Answer:
Blake must sell 80 blankets and 320 stuffed mascots in order to break even.
Explanation:
The question is incomplete, the accounts are missing, so I looked for them:
February March
Sales revenue $25,000 $37,500
Cost of goods sold 10,000 15,000
Gross profit 15,000 22,500
Rent expense 1,500 1,500
Wages expense 3,500 5,000
Shipping expense 1,100 1,650
Utilities expense 750 750
Advertising expense 1,000 1,400
Insurance expense 585 585
Operating income $6,565 $11,615
The income statement using the contribution margin format would be as follows:
Income Statement Year 1 Year 2
Sales revenue $25,000 $37,500
Variable costs:
Cost of goods sold $10,000 $15,000 Wages expense* $3,000 $4,500 Shipping expense $1,100 $1,650 Advertising expense* $800 $1,200Contribution margin $10,100 $15,150
Period costs:
Wages expense* $500 $500 Advertising expense* $200 $200 Rent expense $1,500 $1,500 Insurance expense $585 $585 Utilities expense $750 $750Net income $6,565 $11,615
*high low cost method for wages expense and advertisement expense:
variable wages expense = ($5,000 - $3,500) / (3,000 - 2,000) = $1.50 per unit
fixed wages expense = $5,000 - (3,000 x $1.50) = $500
variable advertising expense = ($1,400 - $1,000) / (3,000 - 2,000) = $0.40 per unit
fixed advertising expense = $1,400 - (3,000 x $0.40) = $200
contribution margin per stuffed mascot = $15,150 / 3,000 = $5.05 per unit
contribution margin per blanket = $60 - ($32 + $1.50 + $0.55 + $0.40) = $25.55
sales ratio 1 blanket : 4 mascots
weighted contribution margin = ($25.55 x 20%) + ($5.05 x 80%) = $5.11 + $4.04 = $9.15
total fixed costs = $3,535 + $125 = $3,660
break even number in units = $3,660 / $9.15 = 400 units
Blake must sell 80 blankets and 320 stuffed mascots in order to break even.
Write one to two paragraphs explaining the importance of the seven marketing functions. Include examples to illustrate your points.
Answer: See explanation
Explanation:
The seven functions of marketing include:
1. Marketing Information Management: This helps an organization to understand what the customers need. Information can be gathered through the review of market research reports, social media, feedback from sales team.
2. Distribution: An organization's distribution strategy helps the customers to know where to get the product or the company. Marketing helps in the distribution of goods and services to ones customers.
3. Pricing: Pricing plays a role in the success of a particular product. Marketing helps one to be aware of the pricing strategy to use in order to have a competitive edge over ones rivals.
4. Product/Service Management: Marketing is vital for the development of a product as the information gotten from customers can be used to incorporate in new products.
5. Promotion: Through marketing, prospective customers can be made aware of a particular product through promotional activities.
6. Sale - Marketing aids sales as it brings about an increase in the volume of goods sold to the public and also on ways to improve the product through feedbacks.
7. Financing: Successful marketing gives revenue to a business and help in strengthening the loyalty of customers and help in gaining new customers.
Jerry is a student and is currently on a summer job. He hopes to save $2,000 for his short-, medium and long-term goals. Which of the following
is a long-term goal?
O A allocating funds for paying off his student loan
OB.
allocating funds for buying a house
OC. allocating funds for buying books for his next semester
OD
allocating funds for buying a new laptop
Answer:
OD
allocating funds for buying a new laptop
Explanation:
or A
1) Sally and James' daughter just turned 5 and they have some money that they could set aside for
their daughter. They want to make sure she will have $12,500 for her 17th birthday so she could use
that
money
to
go on an overseas trip. If they found an account that would pay 3.9% annual interest,
How much do they have to put into the account now? *
Answer:
$7,898
Explanation:
The $12,500 is equivalent to the future value of the invested amount.
using the formula
where A is future amount,
Pi= principal or invested amount,
t = time 12 years ( the difference between 17 and 5 years)
r= is interest rate of 3.9% or 0.039 %
A = P(1 +rt)^n
$12,500= P(1 +0.039)^12
$12,500 = P(1.5827)
P=$12,500/1.5827
P= $7,897. 89
P=$7,898
One of the purposes of studying economics is to understand the
Answer:
Individuals, businesses and governments are all faced with making choices in situations where resources are scarce. This is where a knowledge of Economics is vital. Economics applies to most aspects of everyday life. By studying Economics you will examine topics of obvious importance to human well-being.
Explanation:
Answer:
D: principles that influence the production of goods and services.
Explanation:
on edge! hope this helps!!~ (゜▽゜;)
IS THE BRAIN REAL? BRAINLIEST FOR BEST ANSWER
Answer:
yuh
Explanation:
21 100% right
Explanation:
onomics-CPB 2020
Match each occupation with its 2016 employment number, as listed in the previous article.
3,452,200
Office Clerks
4,602,500
Registered Nurses
3,555,500
General Combined Food Preparation and
Serving Workers, Including Fast Food
2,955,200
Cashiers
3,117,700
Retail Salespersons
Correct
Intro
Final
Answer:
Cashiers - 3,550,500
Retail - 4,602,500
Office Clerks - 3,117,700
General Combine Foods - 3,452,200
Registered Nurses - 2,955,200
Explanation:
I just took it and got them right
Answer:
Cashiers - 3,550,500
Retail - 4,602,500
Office Clerks - 3,117,700
General Combine Foods - 3,452,200
Registered Nurses - 2,955,200
Explanation:
I just took it and got them right
Select all that apply.
Careers in the Arts, Audio/Video Technology, & Communications Career Cluster include:
news anchor
soldier
ballet dancer
recording artist
Answer:
Mechanics, arts
Explanation:
which of the following is NOT included on a check
Answer: Name date amount of money
Explanation: Your welcome
When the price is $12 the quantity demanded is 50. When the price increases to $24 the quantity demanded decreases to 30. Calculate the price elasticity of demand.
Answer:
PED = -0.4 or |0.4| in absolute terms
Explanation:
price elasticity of demand (PED) = % change in quantity demanded / % change in price
% change in quantity demanded = [(30 - 50) / 50] x 100 = -40%% change in price = [($24 - $12) / $12] x 100 = 100%PED = -40% / 100% = -0.4 or |0.4| in absolute terms
the demand is price inelastic since |0.4| < 1
this means that the change in quantity demanded is proportionally less than the change in price.
What records will be displayed by a query that has an Is Null criterion for the Last Name field?
records with values that don't meet the validation rule for the field
O records that have misspellings in the Last Name field
O records that don't have a value entered for the Last Name field
records with duplicate values in the Last Name field
THE ANSWER IS C
Answer:
the answer is c lol bc I said so
its b
don't believe me ight im chillin
what things should be considered while running a business?
Answer:
-::Bussiness ii Dea
-::CusTomers
-::Competition
-::LocaTiion
-::CompeTiTiion
-::STaff
-::sTarT up CosT
CapiiTaL and Fiinance
Explanation:
-::The firsT Thiing as First-Your CusTomer.Yes,they are mosT imporTanT parT of Your entrepreneurial Life,and TheY are The Person who WiLL TeLL You WhT You need To do FoR Them.That's The basic FormuLa To Succes.
-::SuppLiiers-iidenTify PotenTiaL SuppLiiers needed To Produce The Service or Goods You WanT To SeLL.
-::After considering all the capital and expense requirement, before you start operating, make sure you have the registrations needed to legalize your business.
Tina works a cash register and has to hold her arm at a certain angle to scan her customers' items. What is the ergonomic hazard in this situation?
Select the best option.
Awkward posture
Incorrect tool usage
Relaxed arms and shoulders
Repetitive moveme
Answer:
repetitive movement
Explanation:
i actually had this question in my last period that's so fun hahha good luck
The ergonomic hazard in this situation given above is:
A. Awkward postureAccording to the given scenario, a cashier has to hold her hand in a certain manner in order to properly scan the items of the customers who came to make purchases at the store.
As a result of this, we can see that the ergonomic hazard which is described from the above scenario is that of an awkward posture which Tina, the cashier has to perform.
Therefore, the correct answer is option A
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!!!!MAJOR GRADE PLEASE HELP DUE TODAY!!!!!
Which of the following is a line of credit issued to customers to cover checks or debits exceeding the amount in their account?
Debt restructuring
O Cash flow budgeting
Automated teller machine
O Overdraft protection
If a business reports a net loss for the period, the journal entry to close the Income Summary account would be __________.
A. a debit to Capital and a credit to Income Summary
B. a debit to Revenue accounts and a credit to Income Summary
C. a debit to Income Summary and a credit to Capital
Answer:
My answer is C
Explanation:
Answer:
Explanation: do your best
The CEO of Tough Mudder believes that teams in his company are not working as effectively as they could, and he is asking you for advice. Provide the best answer to his question. "A new team we just formed to explore expanding into the Mediterranean and Middle East seems to have split into three factions around what kinds of events to host and what kinds of customers to target, and communication is sometimes not respectful. How can the manager help the team move beyond this?" The manager should encourage team members to share personal information and get to know one another better. The manager should make sure that both the task specialist and socioemotional roles are being performed on the team. The manager should encourage everyone to participate in discussions by stating their underlying interests rather than demands for specific outcomes. The manager should encourage a high level of task conflict and relationship conflict so team members can work out all their differences.
Answer:
The manager should make sure that both the task specialist and socioemotional roles are being performed on the team.
Explanation:
In the given scenario the team is split into three factions around what kinds of events to host and what kinds of customers to target, and communication is sometimes not respectful.
There is need to resolve both the social problem of disrespect and the specialist problem of having different opinions about types of events and customers to target.
As a manger it is important that socioemotional roles are performed in the group to make the factions respect themselves.
This will easily promote communication and help resolve the specialist differences the factions are having
Which marketing mix element related to storing over 1000 products in a temporary warehouse. Promotion Product Price or Place
ILL MARK BRANILIEST
Answer:
bvcexwxcvb BOOM NOW BRANLIEST PLZ
Explanation:
A general rule of thumb is to keep your credit utilization rate at 30% or lower. What is your approximate credit utilization rate for this current billing cycle?
Answer:
30%
Explanation:
Credit utilization can be regarded as the percentage of the total credit that individual is utilizing. It's financially advisable to keep the credit utilization ratio in order to have a good credit score.
To calculate credit utilization rate;
✓ one need to know the information about one credit account.
/✓Then divide the total balance by the total credit limit
✓then multiply by 100
For instance if the total balance is $5000 and total credit limit is $25000 then the credit utilization ratio is ($5000/$25000)×100%
= 20%
Whenever the credit utilization ratio is
higher than 30% it will bring about the decrease of credit score, as a result of this , the lender can be worried because he/she may think the ratio is overextended, and paying back new debt might not be easy.
Therefore, with general rule of thumb is to keep your credit utilization rate at 30% or lower. your approximate credit utilization rate for this current billing cycle is 30%
Answer- 30 percent
Explanation: In A general rule of thumb is to keep credit utilization below 30%, But when we study in FICO found that “high-achievers” consumers with credit scores 750 and above also use less than 10% of their total available credit limit. You can aim to keep your credit utilization rate as low as possible in order and avoid hurting your credit score, but not compulsory as low as 0%.
Let take the example and calculate the credit utilization rate 3 cards are card (A), card (B), and card (C)Your credit utilization is influenced by three main factors are:First, you have to the opening or closing of the account.Then second-factor balance and the credit limit on your accounts.Then the last factor multiplies by 100.Card A : $250 , $2,000
Card B : $750 , $6,000
Card C : $3,000 , $12,000
Total : $4,000, $20,000
If divide your total balance ($4,000) by your total credit limit ($20,000). Then, multiply by 100 to get the percentage. To get find your utilization rate,answer will be : $4,000 / $20,000 = 0.2 x 100 = 20%
Therefore, the general rule of thumb is to keep your credit utilization rate at 30% or lower. your approximate credit utilization rate for this current billing cycle is 30%Learn more about the general rule of thumb
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Describe how a high level of flexibility would affect your performance in softball. Consider the benefits in many aspects of softball.
Answer:
you would be able to jump higher
you would be able to run quicker
you would be able to catch the ball better
Hope this helps!
Answer:
With a high level of flexibility for a volleyball player physical performance and muscle coordination would improve, it can even enhance the enjoyment of playing. One would be able to jump higher, move quicker and maybe even hit the ball further and all of this put together hopefully win too.
Explanation:
Plz Hurry I am timed!
A chain of coffee servers is sending a spreadsheet of projected costs and profits to some of its investors. When, Kyle, the administrator making the spreadsheet, adds an image of his company’s logo, he realizes it would fit and look best if turned to read sideways.
How can Kyle change the image to make it fit in such a way?
A) He can select the image and hold down on the green handle above it while sliding the mouse.
B) He can select the image and hold down Control while sliding the scroll bar to the right.
C) He can press the PivotTable button and select “Rotate 90 degrees” and then click OK.
D) He can click on the Pictures Tool tab and select press Artistic Effects to access the rotate option.
Answer: A) He can select the image and hold down on the green handle above it while sliding the mouse.
Explanation:
After inserting the picture, if he wants the logo to read sideways, his best bet is to rotate it. He can do this by clicking on the picture and then clicking and holding down the green handle above the image which would look like a rotating arrow.
While holding it down, he should then slide the mouse and the picture would rotate. He can stop rotating at an angle he deems appropriate.
Answer:
A
Explanation:
Just took the test
Production is the combination of collaboration, economy, and ___________.
A) outsourcing
B) creativity
C) efficiency
D) skills
Answer:
C) efficiency
Explanation:
Efficiency means the reduction or elimination of wastages in the production process. Efficient production describes a scenario where goods and services are manufactured with minimal waste in materials, time, effort, and other resources. Efficiency is a mark of competency.
The production process requires a business collaboration of outside parties. The business requires raw material, supplies, distribution network, among other things, for production to succeed.,These requirements are offed by other companies, which means collaboration is essential.
Read the following situation and decide whether or not anyone in the situation commits sexual harassment. Justify your judgement: “Kylie is Hector’s boss. Hector is attracted to Kylie and asks her on a date. Kylie, although flattered, turns Hector down. He feels a little hurt, but doesn’t bring it up again. Kylie, speaking with both male and female coworkers, describes Hector’s proposal and makes a joke about the lack of romantic prospects in his future. Hector hears about this conversation a week later.”
Answer:
Hector does not commit sexual harassment against Kylie when he asks her out. It is a one time event, and he does not push the issue. Kylie does not commit sexual harassment when she refuses Hector's proposal for a date. She does not demean him. Kylie does commit sexual harassment when she brings the incident up in the workplace. She speaks disparagingly of Hector's sexuality and it gets back to him. He can bring a sexual harassment claim against Kylie through his company.
Explanation:
on e2020
Answer:
Hector does not commit sexual harassment against Kylie when he asks her out. It is a one time event, and he does not push the issue. Kylie does not commit sexual harassment when she refuses Hector's proposal for a date. She does not demean him. Kylie does commit sexual harassment when she brings the incident up in the workplace. She speaks disparagingly of Hector's sexuality and it gets back to him. He can bring a sexual harassment claim against Kylie through his company.
Explanation:
brunomendez878788cano
Answer:
what does that mean i even tryed to look it up but it says
Explanation:
Martine developed a filing system to keep track of potential and current customers. Which qualification has she demonstrated?
critical thinking
problem solving
organization
computer skills
Answer:
C. Organization
Explanation:
:)
helloooooooooooooooooooooooooooooooooooo
Answer:
hi
Explanation:
Answer:
Heyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy
Explanation:
When something is grown and harvested in the same country it is distributed in, it can be considered what?
capital
international
duties
domestic
Answer:
domestic
Explanation:
In business, domestic refers to the home country of the producer or consumer. The domestic market is the market within the borders of the seller's country. Domestic contrasts with international, which refers to beyond the borders of a country.
Products that are produced and distributed within the country are domestic products. They are often referred to as local products. Domestic goods become exports if sold outside the borders of their country of origin.
A wedding party hired a sole proprietorship to cater their wedding. In this situation the sole proprietorship is a partnership, and the employee who handled the job is a partner. The entire wedding party gets food poisoning. If the partner who mishandled the food knew the bride and was jealous of her marriage so he used roach killer instead of lemon juice in the frosting, the other partner would still be liable.
True
False
Answer:
False
Explanation:
A sole proprietorship is owned and managed by a single person. The owner is responsible for all the decisions and actions of his or her business. The owner may hire workers to assist in running the business. The workers remain workers and not partners in the business.
The law does not distinguish between the business and the owner. Any liabilities arising from the business are considered to be the owner's liability. In this wedding situation, the sole proprietor is solely responsible for the mistakes of his assistant.
fwwweeeee brain for u and everybody
Answer:
thanxxx sm
Explanation:
Its Veterans day
Who is a Veteran.
Answer:
veterans
Explanation:
On the one hand, a gerund is a verb that acts as a noun, know for the -ing form. On the other hand, an infinitive is the basic form of a verb, that usually follows "to" or another verb form. The revised sentence, including both of these, is: "To give is one of the best things people can do. Volunteering their time shows what caring people they are."
Answer:
To give is one of the best thing which people do. Volunteering the time show that they are caring people.
Explanation:
The ing form is considered as forth form of verb which acts as noun. The first form of verb is used for present tense normally with to. The first form of verb is basic form of verb used for describing an action. It is infinitive form of verb used before the word to.
How can avoiding speeding tickets affect an automobile insurance policy?
O It can make it hard to file a claim.
O It can help keep premiums down.
O It can raise the price of premiums.
O It can make it difficult to share risk.
The avoidance of speeding tickets can affect an automobile insurance policy as It can help keep premiums down.
What is speeding ticket?The term speeding ticket is known to be a form of ticket that is written as a piece of paper that is said to be given only by a police officer to a person who was fount to be driving too fast and that tells the given amount of fine that the driver will pay.
Note that when there is low rate or an avoidance of speeding tickets, it can influence an automobile insurance policy as It can bring about a reduction in premiums.
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