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Q. 22) The total sales of a product that a firm expects to sell during specified environmental conditions and it's own marketing efforts.
A sales forecast basically estimates future sales and provide accurate estimation based on past data. Companies also take the estimation so to make decisions that can give competition to other companies of the same industries.
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Question 22 2.5 pts A sales forecast refers to the total sales from a product that...
ve expected sales. O Expected sales over break-even sales Question 11 2.5 pts During March, a...
ve expected sales. O Expected sales over break-even sales Question 11 2.5 pts During March, a firm expects its total sales to be $160,000, its total variable costs to be $95.000, and its total fixed costs to be $25,000. The contribution margin for March is: O $65,000. O $90,000 $120,000 O $40,000 $25,000 2.5 pts Question 12 Watson Company has monthly fixed costs of $83,000 and a 40% contribution margin ratio. If the company has set a target monthly income...
Question 31 2.5 pts Zhang Industries sells a product for $700 per unit. Unit sales for...
Question 31 2.5 pts Zhang Industries sells a product for $700 per unit. Unit sales for May were 400, and each month's unit sales are expected to grow by 3%. Zhang pays a sales manager a monthly salary of $3,000 and a commission of 2% of sales. Compute the budgeted selling expense for the manager for the month ended June 30. $8,600. $11,652. $8,652. $5,768. $8,768. 2.5 pts Question 32 MacBook Air Question 30 2.5 pts Zhang Industries sells a...
Question 31 2.5 pts 31. A firm in a perfectly competitive industry has total revenue of...
Question 31 2.5 pts 31. A firm in a perfectly competitive industry has total revenue of $200,000 per year when producing 1,000 units of output per year. In this case its average revenue is $200 and its marginal revenue is __ zero. also $200 less than $200. O greater than $200 Question 32 2.5 pts 32. In a perfectly competitive industry, the market price of the product is $12.Firm A is producing the output at which average total cost equals...
Question 15 2.5 pts A product sells for $200 per unit, and its variable costs per...
Question 15 2.5 pts A product sells for $200 per unit, and its variable costs per unit are $130. Totalfixed costs are $420,000. If the firm wants to earn $35,000 pretax income, how many units must be sold? 6,500 6,000 O 500. 5,000 5,500 2.5 pts Question 16 MacBook Air $1,700,000 Question 14 2.5 pts Henderson Co. has fixed costs of $36,000 and a contribution margin ratio of 24%. If expected sales are $200,000, what is the margin of safety...
Question 13 2.5 pts For Questions 13 - 22, consider the following scenario: An analyst for...
Question 13 2.5 pts For Questions 13 - 22, consider the following scenario: An analyst for an e-commerce website would like to use a regression model to predict the total amount that customers spend per order. The analyst theorizes that income may help explain order total. An a = 0.05 significance level will be used for this analysis. The analyst randomly samples customers. Total Order Amount was measured in dollars, Income in thousands, The data was used to estimate a...
need help solving. thank you Question 6 2.5 pts At current sales revenue of $800, total...
need help solving. thank you
Question 6 2.5 pts At current sales revenue of $800, total variable costs are $640 and total fixed costs are $50. Your boss gave you a profit target of $150. How much do you need to sell in dollars to meet this target? O $840 O $1,000 not enough information -- need data on units O $250 O $200
Quiz Instructions Question 7 1 pts Quantity of Labor Total Total Product Revenue $16 CA 32...
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Question 3 2.5 pts Jake Company records had debt expense using the net credit sales method...
Question 3 2.5 pts Jake Company records had debt expense using the net credit sales method and has estimated that 5.5% of its credit sales will prove to be uncollectible. During 2019, Jake Company reported net credit sales of $120,000 and collected $150.000 cash from its credit customers. The $150,000 includes a $6,000 recovery of an account receivable written off in the previous year. During 2019, Jake Company wrote-off as uncollectible accounts receivable of $4,000. Take Company reported accounts receivable...
Question 3 2.5 pts Jake Company records bad debt expense using the net credit sales method...
Question 3 2.5 pts Jake Company records bad debt expense using the net credit sales method and has estimated that 5.5% of its credit sales will prove to be uncollectible. During 2019, Jake Company reported net credit sales of $120,000 and collected $150,000 cash from its credit customers. The $150,000 includes a $6,000 recovery of an account receivable written off in the previous year. During 2019, Jake Company wrote-off as uncollectible accounts receivable of $4,000. Jake Company reported accounts receivable...
Assignment 3: Introduction & Environmental Analysis, SWOT, Marketing Objectives (Goals) Marketing 4100 Directions Total Point Value:...
Assignment 3: Introduction & Environmental Analysis, SWOT, Marketing Objectives (Goals) Marketing 4100 Directions Total Point Value: 75 points Anticipated Time to Complete: 12 hours Type of Assignment: Individual or Team Audience for Assignment: The CMO and your boss, a director-level person who relies on your evidence-supported reports to make the best decisions in a minimum amount of time. Assignment Objective: To write the marketing plan introduction as well as to collect and analyze data about the environment in which the...
ve expected sales. O Expected sales over break-even sales Question 11 2.5 pts During March, a firm expects its total sales to be $160,000, its total variable costs to be $95.000, and its total fixed costs to be $25,000. The contribution margin for March is: O $65,000. O $90,000 $120,000 O $40,000 $25,000 2.5 pts Question 12 Watson Company has monthly fixed costs of $83,000 and a 40% contribution margin ratio. If the company has set a target monthly income...
Question 31 2.5 pts Zhang Industries sells a product for $700 per unit. Unit sales for May were 400, and each month's unit sales are expected to grow by 3%. Zhang pays a sales manager a monthly salary of $3,000 and a commission of 2% of sales. Compute the budgeted selling expense for the manager for the month ended June 30. $8,600. $11,652. $8,652. $5,768. $8,768. 2.5 pts Question 32 MacBook Air Question 30 2.5 pts Zhang Industries sells a...
Question 31 2.5 pts 31. A firm in a perfectly competitive industry has total revenue of $200,000 per year when producing 1,000 units of output per year. In this case its average revenue is $200 and its marginal revenue is __ zero. also $200 less than $200. O greater than $200 Question 32 2.5 pts 32. In a perfectly competitive industry, the market price of the product is $12.Firm A is producing the output at which average total cost equals...
Question 15 2.5 pts A product sells for $200 per unit, and its variable costs per unit are $130. Totalfixed costs are $420,000. If the firm wants to earn $35,000 pretax income, how many units must be sold? 6,500 6,000 O 500. 5,000 5,500 2.5 pts Question 16 MacBook Air $1,700,000 Question 14 2.5 pts Henderson Co. has fixed costs of $36,000 and a contribution margin ratio of 24%. If expected sales are $200,000, what is the margin of safety...
Question 13 2.5 pts For Questions 13 - 22, consider the following scenario: An analyst for an e-commerce website would like to use a regression model to predict the total amount that customers spend per order. The analyst theorizes that income may help explain order total. An a = 0.05 significance level will be used for this analysis. The analyst randomly samples customers. Total Order Amount was measured in dollars, Income in thousands, The data was used to estimate a...
need help solving. thank you
Question 6 2.5 pts At current sales revenue of $800, total variable costs are $640 and total fixed costs are $50. Your boss gave you a profit target of $150. How much do you need to sell in dollars to meet this target? O $840 O $1,000 not enough information -- need data on units O $250 O $200
Quiz Instructions Question 7 1 pts Quantity of Labor Total Total Product Revenue $16 CA 32 AWN Refer to the given data. We can conclude from the information given that this firm is a: O pure monopolist. pure competitor. O monopolistic competitor. discriminating monopolist.
Question 3 2.5 pts Jake Company records had debt expense using the net credit sales method and has estimated that 5.5% of its credit sales will prove to be uncollectible. During 2019, Jake Company reported net credit sales of $120,000 and collected $150.000 cash from its credit customers. The $150,000 includes a $6,000 recovery of an account receivable written off in the previous year. During 2019, Jake Company wrote-off as uncollectible accounts receivable of $4,000. Take Company reported accounts receivable...
Question 3 2.5 pts Jake Company records bad debt expense using the net credit sales method and has estimated that 5.5% of its credit sales will prove to be uncollectible. During 2019, Jake Company reported net credit sales of $120,000 and collected $150,000 cash from its credit customers. The $150,000 includes a $6,000 recovery of an account receivable written off in the previous year. During 2019, Jake Company wrote-off as uncollectible accounts receivable of $4,000. Jake Company reported accounts receivable...
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