Badger Bus, Greyhound and Coach all offer bus service betwee…
Badger Bus, Greyhound and Coach all offer bus service between Milwaukee and Madison. All three charge roughly the same for their fares. Over time, all three companies have discovered that their price promotions are quickly matched – resulting in lower prices for little or no sales gains. The Badger Bus best price strategy to maximize long term profit would be:
Read DetailsThe Jelly Bean Company’s fixed costs for the year are estima…
The Jelly Bean Company’s fixed costs for the year are estimated at $[fc]. Its product sells for $[sp]. The variable cost per unit is $[vcu]. Sales for the coming year are expected to reach $[s]. What is the break even point in units?Round up to the second decimal point. Do NOT enter dollar or percent signs.
Read DetailsThe total fixed costs for the MKT Company are $300,000 and t…
The total fixed costs for the MKT Company are $300,000 and total variable costs are $200,000 at the output of [outp] units. What are the average variable costs?Round up to the second decimal point. Do NOT enter dollar or percent signs.
Read DetailsThe total fixed costs for the MKT Company are $300,000 and t…
The total fixed costs for the MKT Company are $300,000 and total variable costs are $200,000 at the output of [outp] units. What are the average fixed costs? Round up to the second decimal point. Do NOT enter dollar or percent signs.
Read DetailsThe total fixed costs for the MKT Company are $300,000 and t…
The total fixed costs for the MKT Company are $300,000 and total variable costs are $200,000 at the output of [outp] units. What are the average total costs?Round up to the second decimal point. Do NOT enter dollar or percent signs.
Read DetailsThe Widget Company’s produces several brands. Total sales fo…
The Widget Company’s produces several brands. Total sales for Brand “A” are forecasted to be $950,000. The portion of the companies’ fixed costs that are assigned to Brand “A” is $300,000. Brand “A” sells for $310. Its variable cost per unit is $238. Should the Widget company stop producing Brand “A”? (Assume that fixed costs will be reassigned to other brands).
Read DetailsThe Chocolate Company’s fixed costs for the year are estimat…
The Chocolate Company’s fixed costs for the year are estimated at $[fc]. Its product sells for $[sp]. The variable cost per unit is $[vcu]. Sales for the coming year are expected to reach $[s]. What is the expected profit in dollars?Round up to the second decimal point. Do NOT enter dollar or percent signs.
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