cathy's customer base is 2/3 residential and 1/3 business . if she has 350 residential customers, how many total customers does

Answer: $1,651

Explanation:

The sole cost associated with Internal failure is the expense for fixing the dog beds prior to sale, totaling $1,651.

The remaining costs fall into the following categories:

1. Repairs for dog beds under warranty - External failure cost Seamstress training. -
2. Prevention cost Wages of part-time inspector of products - Appraisal cost
3. The cost of replacements provided to customers for defective dog beds - External failure cost
4. Product liability insurance - External failure cost
5. Inspection of sewing machines during routine maintenance - Appraisal cost Inspection of fabric and thread for defects -
6. Appraisal cost

Answer:

c) Providing a discount for students and seniors.

Explanation:

Price discrimination occurs when a seller charges different prices for the same product to varying customers. It is typically employed to capitalize on consumer surplus.

When a chocolatier identifies a buyer group willing to pay less, they can focus on this demographic and provide them with a lower payment option.

In this scenario, offering discounts to students and seniors indicates that the chocolatier has recognized these groups as customers likely to purchase chocolates for less than $20.

Solution and Explanation:

1. MC = Cost of raw materials + Labor cost

MC = 5 plus (10 divide by 2)

MC = $10

2.  TFC = $300

Q = 300,  AFC = TFC/Q = 300 divide by 300 = $1

3.  Nicholas's optimum output is likely to be greater

Rationale: P = MR = $15, MC = $10

With MR exceeding MC, increasing output is advisable until MR equals MC to maximize profits.

4.  His profit-maximizing output would likely increase

Reason: P = MR = $15, MC = $4 + $5 = $9

Since MR > MC, Nicholas should amplify his output until they are equated at the profit-maximizing point.

Response:

$20,000

Clarification:

At the issuance of the bond, the bond discount is calculated as follows:

= Value of Bonds issued -  [(Value of Bonds issued ÷ 100) × Issue price]

= 705,000 - [($705,000 ÷ 100) × 98]

= $705,000 - $690,900

= $14,100

Bond Payable equals $705,000

The unamortized bond discount is calculated as:

= Bond discount at issuance - Amortized amount

= $14,100 - $8,200

= $5,900

Redemption Value of Bond is determined by:

= Retired price of bonds × 7,050

= 102 × 7,050

= $719,100

Loss on retirement of the Bond is calculated as:

= Redemption Value of Bond - (Value of Bonds issued -  Unamortized bond discount)

= 719,100 - (705,000 - 5,900)

= 719,100 - 699,100

= $20,000

There are potential concerns here. First, focusing solely on the base model might boost total sales volume, but may not enhance profits since premium models typically offer higher contribution margins. This could be a misunderstanding as contribution margins aren't mentioned, yet it's commonly known that car salespeople tend to present premium options first. Secondly, while collaborative goals may work well in cultures like Japan, in the US, where success is often evaluated individually, a team-based responsibility for sales targets might not be effective. Imagine increasing your personal sales by 15%, but if the collective group doesn't achieve the same growth, what happens to you? Normally, an individual sales increase is rewarded with bonuses or higher commissions.