Market segmentation involves aggregating prospective buyers into groups that have common needs and will respond similarly to a marketing action.
Market segmentation divides a market into subsets according to demographics, requirements, goals, shared interests, and other psychographic or behavioral factors that help marketers better understand their target market. Your product, sales, and marketing tactics can benefit from this targeting if you have a good understanding of your market segmentation. The environment in which the product is sold, the outcomes of market and marketing research, as well as the traits of the product's target market, all have an impact on the marketing mix, which specifies the specifications of the product and how it will be marketed. Marketing, which may also involve choosing a target audience, is the process of discovering, developing, and providing value to satisfy a target market's needs in terms of products and services.
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Using the text boxes below,draw the business .Then decide each stage of the business cycle
The question isn't full and there aren't any boxes provided, so I'll explain the stage of the business cycle instead.
There are four stages to the business cycle: expansion, peak, contraction, and trough.
What are the stages of the business cycle?The repeated economic shifts that occur in a nation over time are referred to as business cycles. It can be recognized by changes in the GDP and other macroeconomic indicators. The expansion, peak, contraction, and trough phases of the business cycle are all separate from one another.
Which four phases make up the business cycle?There are four stages that make up the economic cycle, often known as the business cycle. They are as follows:
Expansion: The economy grows relatively quickly during an expansion, interest rates are often low, production rises, and inflationary pressures increase.Peak: A cycle peaks when growth accelerates to its fastest rate. Economic imbalances caused by peak growth often need to be addressed.Contraction: During a contraction, when growth slows, employment declines, and prices remain unchanged, a correction takes place.Trough: When the economy reaches a low point and growth starts to recover, the cycle trough is achieved.Learn more about stage of the business cycle: https://brainly.com/question/25865892
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What are essential questions that strategic leaders need to consider to increase the probability of entering an industry successfully?
When do you enter? What kind of entry ought to be made? The players are who? Where do I enter? are crucial issues that strategic leaders must think about maximize the likelihood of successfully entering a market.
The capacity to persuade others to make voluntary decisions that improve the chances of the organization's long-term success while retaining short-term market financial stability is referred to as strategic leaders. The vision, growth direction, and potential success of an organization are impacted by various leadership philosophies.
All strategic leaders require the capabilities for developing and implementing strategies in order to successfully manage change. Strategic leaders that can foster ownership and alignment across their market workgroups to achieve change are needed to manage change and ambiguity in addition to providing a sense of direction.
In order for an organization to decide on its mission and best business practices, which are essential for staying competitive and relevant, it must be focused via strategic leaders tactics. Sustainability now depends heavily on the capacity to learn and adapt. The organization runs the risk of going out of date if it cannot evolve with the times and keep up with economic, climatic, and technological developments.
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In keeping with its vision and values, whole foods could have?
a. bought its own fishing vessels and processing capacity.
b. just bought fish from one supplier.
c. only sold fresh seafood.
d. stopped selling fish.
e. not labeled the type of fish it was selling.
In keeping with its vision and values, whole foods could have
a. bought its own fishing vessels and processing capacity.
Decision of having its own fishing vessel and processing capacity would be a strategic decision. Making strategic decisions involves figuring out how to accomplish objectives and goals in the best possible way.
These targets and goals are long-term, and strategic decision-making aids in outlining a business's primary aims in order to accomplish more immediate objectives while maintaining a broad mission.
Thus, whole foods would be able to sell fresh fish, would be self reliant and would be able to deliver the best, keeping with its vision and value.
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true or false? a vertical marketing system is when functions in the channel performed by the intermediary are integrated at the most optimum point for efficiency.
A vertical marketing system is when channel functions are performed by the intermediary and integrated at the most optimum point for efficiency - True
When tasks carried out by the intermediary in the channel are combined at the point where efficiency is at its highest, this is known as a vertical marketing system. It occurs when producers, distributors, and retailers collaborate to meet the demands of their customers. It enables one business to have complete control over the making and selling of a product.
As a result, business owners may effectively manage their organizations and increase their market share. A vertical marketing system aims to reduce rivalry and conflict that frequently exist between businesses. Better efficiency and lower production costs are the results.
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the long-run equilibrium of an economy occurs part 2 a. where the long-run horizontal supply curve meets the aggregate demand curve. b. where the upward sloping supply curve meets the aggregate demand curve. c. where the long-run supply curve is to the right of the aggregate demand curve. d. where the long-run aggregate supply curve meets the aggregate demand curve
At the point where the aggregate supply and demand curves connect, long-run equilibrium exists. Hence option D is correct.
What is long-run equilibrium ?The intersection of the AD curve, SAS curve, and Long-Run Aggregate Supply (LAS) curve demonstrates the long-term equilibrium. Since LAS reflects prospective output, a movement in the AD curve will solely affect the price level, either increasing or lowering depending on the direction it moves.
Real GDP is at its potential output, the actual unemployment rate is equal to the natural rate of unemployment (about 6%), and the actual price level is equal to the projected price level if an economy is said to be in long-run equilibrium.
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Buyers look for signals of service quality, drawing conclusions about quality from the place, people, price, equipment, and communications that they can see to address the issue of service ________.
In most cases, the buyers look for signals of service quality, drawing conclusions about the quality from the place, people etc so that they can see to address the issue of service quality.
What is known as a service quality?Basically, the term "service quality" refers to the measure of how well the service provided meets the customer's expectations. In understanding the service quality, we must also understand its dimensions such as tangibles, reliability, responsiveness, assurance, empathy etc.
Most of the customer has their ideal expectation of the service they want to receive when they go to a restaurant or store. So, a service quality measures how well a service is delivered as compared to customer expectations. In conclusion, the business that meet or exceed the expectations are considered to have high service quality.
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Taxpayers whose only unearned income consists of qualified dividends and capital gain distributions reported to them on form 1099-div generally compute the amount on tax on their income using what form?
Long-term capital gains are taxed on qualified dividends. This indicates that you will get these dividends tax-free if your highest income tax bracket is 15% or lower.
What are qualified dividends and capital gain?The term "qualified dividends" refers to dividends from shares of domestic firms and some qualifying foreign corporations that you have held for at least the aforementioned minimum holding period, or holding period, in general.
The shares must also be unhedged, meaning that no puts, calls, or short sales were connected to them during the holding period.
On Form 1099-DIV, qualified dividends are disclosed in line 1b or column 1b. It's possible that not all of the dividends listed on those lines complied with the holding period requirement. These non-qualified dividends and other regular dividends could be subject to taxation at your ordinary income tax rate, which is up to 37%.
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What open-source software framework includes several software modules that provide a means for storing and processing extremely large data sets, organized into two primary components?.
Open-source software framework includes software modules that provide a means for storing and processing extremely large data sets, organized into two primary components with the help of wide area network(WAN).
Open source software are designed for processing extreme big data and save large data sets and enable to work with smooth synchronization organized into various components.
Any network that allows processing to connect is wide area network that is specially designed to connect within an organization to work any software modules.
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When mark could not find his favorite candy bar, pearson salted nut roll, at his neighborhood supermarket, he drove across town to find it at another store. Mark was showing what level of brand familiarity?.
Products that potential buyers do not search for at all because they do not yet want them or are aware that they can get them fall under the category of insistence, unsought products.
According to the dictionary, persistent means traumatic or ongoing. Someone who persists in providing support for a lie, despite being repeatedly called out on it or shown to be mistaken, is an example of someone who is insistent. We listened to the beach's constant smashing of the waves.
As a persistent advocate for delivery manipulation, Margaret Sanger is remembered. the ability to persevere in tough tasks A long-running political scandal surfaced last week thanks to the tenacious persistence of local reporters. Dedication She eventually received a promotion to CEO after years of tenacious work. Endurance was renowned for his perseverance in seeking justice.
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The repeating sequence of events in eukaryotes that involves cell division, growth, and increasing the number of organelles is called the.
The cell cycle refers to the repeated sequence of events in eukaryotes that involves cell division, growth, and increasing the number of organelles.
A cell cycle is the sequence of events that occur in a cell as it grows and divides. A cell spends the majority of its time in what is known as interphase, where it grows, copies its chromosomes, and prepares for cell division. The cell subsequently leaves interphase, proceeds into mitosis, and completely divides.The cell cycle is the organized series of processes that take place in a cell prior to cell division. The cell cycle is a four-stage cycle in which the cell develops (G1), copies its DNA (S), prepares to divide (G2), and divides (mitosis, or M, stage).Thus this is the meaning of cell cycle.
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what are the likely reason(s) that the market for electricity is not perfectly competitive? select all that apply.
As a supplier, it is tough to enter or leave the market. In the market, there are not many vendors.
What quality would be most appropriate to describe perfect competition?No corporation has a sizable market share, the industry output is standardized, and there are no restrictions on entry or exit—these are the three main criteria of perfect competition. Marginal revenue and marginal cost must match for there to be efficient market equilibrium in a perfect market.
What drawbacks does flawless competition have?Lack of investment, lack of investment incentives, lack of incentives for innovation, and a lack of economies of scale are a few drawbacks of perfect competition. Given the characteristics of perfect competition, they cannot be eliminated.
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Which of the following statements is false?
a. Points that lie outside (or beyond) the PPF are attainable.
b. Points that lie outside (or beyond) the PPF are efficient.
c. Points that lie outside (or beyond) the PPF are inefficient.
d. All of the above.
e. a and b
All of the above statements is false about PPF.
The production possibility frontier (PPF) is a curve on a graph that illustrates the possible portions that may be produced of two products if each depend on the identical finite aid for his or her manufacture. The PPF is also referred to as the manufacturing opportunity curve.
In general, there are three kinds of production opportunity curves. specifically, directly line sloping down, concave and convex. whilst the line is sloping downwards, it suggests that there might be much less manufacturing of 1 desirable and greater of the opposite in order to usually stay steady. this is because the curve has a negative gradient.
An financial system this is working at the PPF is said to be green, meaning that it would be impossible to provide extra of 1 suitable without decreasing manufacturing of the alternative proper.
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wine and roses, incorporated, offers a bond with a coupon of 7.5 percent with semiannual payments and a yield to maturity of 8.16 percent. the bonds mature in 10 years. what is the market price of a $1,000 face value bond? multiple choice $1,461.51 $1,449.42 $955.47 $1,055.32 $1,506.05 question 2 of 10 total 2 of 10 mcgraw hill
Based on the bond coupon, the semiannual payments, and the yield to maturity, the market price of the bond can be found to be $955.47.
How to find the market price of the bond?The market price of the bond is the sum of the present value of the bond coupon payments and the present value of the face value of the bond.
The number of periods for the bond is:
= 10 years x 2 semi annual periods
= 20 semi annual periods
The periodic yield to maturity is:
= 8.16 / 2
= 4.08%
The coupon payment on the bond is:
= 7.5%/2 x 1,000
= $37.50
The present value of the coupons is:
= 37.50 x (1 - (1 + 4.08%)⁻²⁰) / 4.08%
= $506.05
The present value of the face value is:
= 1,000 / (1 + 4.08%)²⁰
= $449.42
The market price is therefore:
= 506.05 + 449.42
= $955.47
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Which of the following are shared by a typical corporation and a limited liability corporation?
O Easy to start and stop and have shared debt liability
O Are incorporated and have limited liability
O Have shareholders and are easy to start and stop
O Protect personal assets and can sell stock to the public
It is correct to choose option (b). Both a regular corporation and a limited liability corporation have limited liabilities and are incorporated.
What do corporations and LLCs have in common?corporation and LLCs have a lot in common: Limited protection from liability. LLC and corporation owners are not individually liable for the debts and liabilities of their companies. As the company's owner, the LLC or corporation is accountable for all obligations and liabilities.
What distinguishes a limited liability company from a corporation?An LLC is owned by one or more people, whereas a corporation is held by its stockholders, and this is the primary distinction between an LLC and a corporation. Whichever entity you select, your firm will gain significantly from both options. It is possible to build credibility and professionalism by incorporating a firm.
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least effective prompt data collection is a method that is used to track progress in errorless learning
a. True
b. False
False, rapid data collection is the most effective way to track progress in learning without errors.
Data collection techniques are techniques or methods used to collect data to be studied. That is, data collection techniques require strategic and systematic steps to obtain valid data and also in accordance with reality.
In addition, this data collection technique or method is usually used for researchers to collect data that refers to an abstract word that is not manifested in an object but can only be seen in its use. For example, through questionnaires, interviews, observations, tests or tests, documentation, and so on.
Data collection for research is carried out so that the data and theories in it are valid and also in accordance with reality, so researchers must really go directly and know the data collection techniques. Thus, researchers will know the validity or truth of the research concept.
In general, this data collection technique is used by researchers to be able to collect data or information based on supporting facts in the field for research purposes and the technique used is largely determined by the research methodology chosen by the researcher himself.
In carrying out data collection techniques or the process of collecting data, the existence of research instruments becomes a very integral part and is included in the components of the research methodology because the research instrument is a tool used to collect, examine, and investigate the problem under study.
Of course, the existence of these instruments will help various searches for the symptoms that exist in the study so that they can be used to prove the truth or to refute various hypotheses. Therefore, the instrument used must have good validity and reliability.
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firms typically determine their promotional budget using one of three methods: the objective-and-task method, the percentage-of-sales method, and the method
The firms typically determine their promotional budget using one of three methods and so among them, one is the affordable method.
A promotional budget refers to the money which is earmarked for the advertisement, marketing, or sales of a product or brand. So, the amount to budget in order to promote a new or existing product will depend on the market research, business analytics, and anticipated return on investment.
Affordable method in promotional budget is known as an advertising budgeting method which is based on what a company thinks it can afford in order to spend on marketing.
Hence, the affordable method can sometimes be unreliable.
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if a manufacturer is trying to determine which channel and intermediaries they prefer to use for selling a product, which factors should they definitely consider? (select all that apply)
Buying requirements, most profitable, and the best coverage of the target market.
What is a target market?
A target market is a population that has been chosen because of shared traits like age, income, and lifestyle as the most likely candidates to purchase a product. When a business designs, packages, as well as advertises its product, determining the target market is a crucial step in the decision-making process. A new product must meet a need, address a challenge, or both. Unless it involves indoor plumbing, that need or issue is probably not common. It is more likely required by a specific segment of consumers, such as vegetarians who care about the environment, science nerds, as well as outdoor enthusiasts. It might be appealing to a snob or a bargain hunter, a teenager or a middle-aged professional.
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The higher fertility rates experienced by low-income countries are partially explained by the fact that low-income countries?
The higher fertility rates experienced by low-income countries are partially explained by the fact that low-income countries lack access to contraceptives and have lower levels of female education.
In low income nations, children are needed as a workforce and to care for their aging parents. Due to the lack of contraceptive options and usually lower levels of literacy in these nations, fertility rates are higher.
Each country's social structure, religious views, economic standing and level of urbanization are likely to have an impact on both birth and abortion rates. In countries where birth control is widely available, death rates are low and children frequently become an economic burden due to housing and schooling, fertility rates are very low. Another factor is that women frequently delay having children because of their professions and higher education.
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what is the sales price if a building sells on a 10ap rate with an noi of $100,000?
The price of building when having 10% of capitalization rate is $1,000,000.
The price of the building depends on the capitalization rate and net operation income. The value of the capitalization rate can be defined by using this formula
cap rate = noi / price
where cap rate is the capitalization rate, noi is net operation income and price is the building price.
From the question above, the given parameters are
cap rate = 10%
noi = $100,000
By substituting the given parameters, we can calculate the price of the building
cap rate = noi / price
10% = $100,000 / price
price = 100,000 / 0.1
price = $1,000,000
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In bidding or contracting, you also use the same approach and try to get the best price.
a. True
b. False
It is false that in bidding or contracting, you also use the same approach and try to get the best price.
The bidding process has one overarching goal: to select, award, and sign a contract with the bidder who presented the proposal that best fits the government's objectives and/or the best deal for users.
Competitive bidding assists buyers in obtaining the best possible price and contract terms for their proposals. It enables them to hire the most qualified product and service sellers while keeping their costs low.
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Jobs in the Business Information Management Pathway make above average pay.
True
False
Answer:
true
Explanation:
just took the test
2. Which are the market structures that deal with differentiated products? Explain how product differentiation. is created in the market.
Monopoly, Oligopoly, and Monopolistic Competition are the market structures that deal with differentiated products.
Product differentiation is created in the market when firms offer products that are unique in some way. This can be done through branding, product features, or other means.
What is product?
A product in marketing is an object, system, or service made accessible for consumer usage based on consumer demand; it is anything that may be given to a market to satisfy a customer's want or need. Products are frequently referred to as merchandise in selling, while products are purchased as raw materials and then sold as finished things in manufacturing. A service is also considered a product.
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hyperinflation a. is an extremely high rate of inflation. b. occurs when people interpret nominal changes in wages as real changes. c. is negative inflation. d. occurs when a government rapidly decreases the money supply. e. occurs when the inflation rate is zero.
Hyperinflation: is an extremely high rate of inflation. The Right Option is C
Hyperinflation is a phrase used to describe rapid, excessive, and widely expanding cost increases in an economy.
While growth is a function of how quickly labour and product expenses are rising, excessive inflation is a rapidly rising swelling that typically accounts for more than 50% each month.
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1.1.1 If you are a teacher you are part of the following economic sector: A. Primary B. Tertiary C. Secondary D. All of the above
You fall under the Tertiary economic sector if you work as a teacher. Economic activities are human endeavors that produce income. The three broad categories of economic activity are primary, secondary, and tertiary. Higher services are divided into quaternary and quinary activities within tertiary activities.
The tertiary sector of industry includes offering services to both end users and other enterprises. Services like wholesale and retail trade, pest treatment, or entertainment may involve the transportation, distribution, and sale of products from a manufacturer to a consumer.
The services sector of the economy, which includes a variety of companies like financial institutions, educational institutions, hotels, and restaurants, is referred to technically as the tertiary industry. The tertiary sector includes offering services to both end users and other enterprises.
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which situation indicates a weak internal control structure? a. the mail room clerk authorizes credit memos b. the warehouse clerk obtains a signature before releasing goods for shipment c. the record keeping clerk maintains both accounts receivable and accounts payable subsidiary ledgers d. the accounts receivable clerk prepares customer statements every month
The record-keeping clerk maintains both accounts receivable and accounts payable subsidiary ledgers situation indicates a weak internal control structure. The correct option is C.
What are the implications of weak internal control?According to these studies, businesses with weak internal controls are more likely to have financial reporting errors that lead to poorer accounting quality. Auditor changes are more likely with the audit committee. We can therefore assume that weak internal controls are linked to bad corporate governance.
Without internal controls, a company operates inefficiently, unreliable, and in contravention of all applicable laws and regulations. This typically results in the inability to compare performance to plans and projections.
Thus, the ideal selection is option C.
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Which of the following statements is true regarding the accounting for depreciation on office equipment?
a. The depreciation charge increases the balance in the Accumulated Depreciation account.
b. The depreciation charge increases the balance in the Manufacturing Overhead account instead of the Work in Process account.
c. The depreciation charge increases the balance in the Work in Process account instead of the Manufacturing Overhead account.
d. The depreciation charge increases the balance in the Finished Goods account instead of the Work in Process account.
It is accurate to say that the depreciation charge raises the balance in the accumulated depreciation account when accounting for office equipment.
The accounting technique of spreading out the cost of a tangible item over its useful life is known as depreciation. The amount of depreciation account shows how much of an asset's worth has been utilized. By purchasing assets over a predetermined length of time, it enables equipment businesses to generate income from the assets they own.
The initial cost of ownership is substantially lower because equipment businesses don't have to account for them totally in the year that assets are bought. A company's profitability might be significantly impacted if depreciation account is not taken into consideration. Long-term assets may also be depreciated by businesses for accounting and tax purposes.
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along the diffusion of innovation curve, blank make up the second group of consumers to adopt an innovation; they tend to be leaders in a social setting.
Based on the presumption that certain people are inherently more adaptable than others, Rogers' innovation adoption curve categorizes innovators' adopters into different groups. It is also known as the Diffusion of Innovations Theory or Multi-Step Flow Theory.
Five adopter segments—Innovators, Early Adopters, Early Majority, Late Majority, and Laggards—are identified on the curve.
In order to use cloud computing, certain software or computing infrastructure must be assigned to a cloud provider, who then makes it available online as a service. Applications hosted in the cloud are an example of Software as a Service (SaaS), and servers housed there are an example of Infrastructure as a Service (IaaS).
The innovation adoption curve can be used to predict and monitor how people use new items and technology over time. Time is on the x-axis when drawing the curve. The number of adopters is counted along the Y-Axis. Consequently, the graph depicts the number of adopters with time.
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the innovation and learning perspective in the balanced scorecard model includes measures such as: group of answer choices return on investment, economic value added, and shareholder value. number of cooperative customer–company design initiatives and percent of sale from new services. training hours per employee, hiring process effectiveness, and revenue per employee. service-quality levels, design and demand flexibility, and asset utilization.
The innovation and learning perspective in the balanced scorecard model includes measures such as: training hours per employee, hiring process effectiveness, and revenue per employee.
What is a balanced scorecard?A balanced scorecard can be defined as a strategic management performance metric or planning technique that is designed and developed to assist business organizations (firms or companies) in identifying and improving all of their internal operations per employee, as well as monitoring the consequences which arises from the execution of these internal operations or actions.
This ultimately implies that, a balanced scorecard is futuristic in approach, stressing non-financial measures that facilitates some benefits in a business organizations (firms or companies) in the nearest future such as the following:
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Rank the credit cards from best to worst from a borrower's perspective based on the APR:
Credit Card A – 10% APR
Credit Card B – 12% APR
Credit Card C – 7% APR
Credit Card D – 35% APR
Borrower's perspective based on the credit card is 12% APR. The yearly interest rate you'll pay if you have a balance on your credit card is referred to as the annual percentage rate (APR). Some credit cards feature variable APRs, which means that over time, your rate may go up or down.
The best credit card APR is one that is around 10%, but you might need to visit your neighborhood bank or credit union to discover one. An APR that is lower than the average would also be regarded favorably by the Federal Reserve, which monitors credit card interest rates. If you settle your bill in whole each month, APR is irrelevant.
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Mantel incorporated began producing its new line of dolls at its connecticut plant in december of year 0. in year 1, it produced 30,000 dolls at a total cost of $385,000. in year 2, its production increased to 80,000 dolls at a total cost of $885,000. assuming the cost structure was the same for both years, what must be the variable cost (c) and the fixed cost (f) per doll?
The variable cost is $10 per doll and the fixed cost = $85,000
What are Fixed and Variable costs ?A cost that doesn't rise or fall in response to any activities is said to be fixed. As a result, fixed expenses are incurred by a business even when there is no activity. Rent, salary, and utilities are a few examples of fixed costs.
A cost that changes depending on the volume of output or the scope of the services offered is known as variable cost. There shouldn't be any variable expenses if no goods are produced or no services are rendered. Direct supplies, sales commissions, and credit card fees are a few examples of variable costs.
Fixed cost (F) and Variable cost (C) per doll is to be calculated :
Given values:
Year 1:
No. of dolls = 30,000
Total cost = $385,000
Year 2:
No. of dolls = 80,000
Total cost = $885,000
Solution:
From year 1, the equation for FC and VC can be formed as;
F + (30000 × C) = 385000
From year 2, the equation for FC and VC can be formed as;
F + (80000 × C) = 885000
As both the years had the same cost structure it means that fixed cost was equal to variable cost. And hence, comparison of the two equations :
Solving equation 1 and equation 2 for F and C, we get;
80000 C - 30000 C = 500000
C = 500000 / 50000
C = $10
Variable cost = $10 per doll
Putting the value of C in any of the above equation :
F = 385000 - (30000 × 10)
F = 585000
Fixed cost = $85,000
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