Marketing Addis prepares marketing plans for growing businesses. For 2017, budgeted revenues are $1,500,000 based on 500 marketing plans at an average rate per plan of $3,000. The company would like to achieve a margin of safety percentage of at least 45%. The company’s current fixed costs are $400,000 and variable costs average $2,000 per marketing plan. Which of the following changes would help Marketing Docs achieve its desired margin of safety? a) The average revenue per customer increases to $4,000. b) The planned number of marketing plans prepared increases by 5%. c) Marketing Addis purchases new software that results in a 5% increase to fixed costs but reduces variable costs by 10% per marketing plan.

Answers

Answer 1

Answer:

1. Break even points = 400 units

margin of safety = $100

Explanation:

Given data:

budget revenue in 2017 = $1,500,000

Fixed cost =$400,000

total marketing plan = 500

take contribution margin/unit =  Revenue - variable cost

                                                = 3000 - 2000

contribution margin/unit = $1000

take break even sales $400

break even point    

Break even point  

margin of safety is calculated as

margin of safety  = total quantity to be sold - break even sales

                            = 500 - 400 = $100

2. A.

(1)  

 

Break even in marketing plan = 400

(2) Break-even in dollars:

= Break-even in marketing plan × Average rate per plan

= 400 × 3,000

= 1,200,000

(3) Margin of safety = Actual sales - Break-even sales in dollars

                               = 1,500,000 - 1,200,000

                               = 300,000

 

 

                                            = 20%

B.

(1) Contribution margin per marketing plan = Sales - Variable cost

                                                                  =  $4,000 - $2,000

                                                                  = $2,000

 

 

Break even in marketing plan = 200

(2) Break-even in dollars:

= Break-even in marketing plan × Average rate per plan

= 200 × 4,000

= 800,000

(3) Margin of safety = Actual sales - Break-even sales in dollars

                               = 1,500,000 - 800,000

                               = 700,000

 

 

                                            = 47%

Therefore, option (a) would achieve the margin of safety ratio more than 45%.

Step-by-step explanation:


Related Questions

Evaluate: 2(6+4) – 3(5). Show all your steps or explain your thinking.

Answers

Remember to follow PEMDAS:

2(6+4) - 3(5)

Add in the first parenthesis:

2(10)-3(5)

Multiply to remove parenthesis:

20 - 15

Subtract:

5

I hope this helps! :)

Hi there !

2( 6 + 4) - 3(5)

add up the numbers in brackets

2 ( 10 ) - 3(5)

Multiply 2 by 10 and 3 by 5

20 - 15

Subtract !

5

2 ( 6 + 4 ) - 3(5) = 5

___________________________

Please, if you can answer this, answer my other similar ones as well. I appreciate any help so much!​

Answers

Answer:

b. Same side interior angles are supplementary

Step-by-step explanation:

supplementary equal 180

I hope that I could help!!!!

Please check number seven

Answers

Answer:

Correct! 137 ft^2

Step-by-step explanation:

Square area: 20 * 10 = 200

triangle area: 7 * 18

= 126

126 / 2

= 63

Subtract da triangle area

200 - 63 = 137

Hope this helps and a thank won't hurt! :)

A bag contains 20 marbles, of which 3 are blue and 7 are green. One marble is drawn from the bag. What is the probability that the marble drawn is not blue?

Answers

Answer:

17/20

Step-by-step explanation:

17 marbles are not blue out of 20. Therefore, 17/20 is the answer.

Easy way of explaining integers?​

Answers

Answer:

Step-by-step explanation:

3 Great Ways to Teach Adding Integers

Typically, you should begin by having your students think about real world examples of positive and negative integer. ...

Then, model this example using counter chips.

Finally, have your students model addition problems using the counter chips.

Answer:

An integer is either positive or negative

Step-by-step explanation:

If you have money (+4000) Its in the positive. If you Owe money (-50) Then its negative. Positives are always better than negative.

Please help with this

Answers

Waitroze is a better deal budgins the worse deal

Determine the quotient of 3/7÷2 over3

Answers

Answer:

9/14 {final answer}

Step-by-step explanation:

→ 3/7 ÷ 2/3

Change it into multiplication,

→ 3/7 × 3/2

→ (3 × 3)/(7 × 2)

→ 9/14

Thus, the answer is 9/14.

Solve for X
X=? degrees

Answers

Answer:

~~=0.61685

Step-by-step explanation:

45degree ×45degree

=~~=0.61685

28 minutes for 14 songs = minutes per song

Answers

Answer:

Two mins per song

Step-by-step explanation:

28 divided by 14 is 2

I hope this helps! God bless!

-4/0 divided by 5 11/12
please help!

Answers

Answer:

undefined

Step-by-step explanation:

-4/0 is an undefined number because you cannot have a part of 0. therefore, there is no solution

36
Reduce to its lowest term.
100

Answers

Answer:

The simplest form of 36 100 is 9 25.

Step-by-step explanation:

i got this from the internet

to school everyday and back home. His trip is 1 1/2 miles each way. How many miles does Connor walk every day
Des he walk on a normal week (5 days)?
?

Answers

Connor walks 3 miles each day to school.
On a normal week (5 days), Connor walks 15 miles.

24 is 16% of what can you guys help and show work​

Answers

Answer:

150

Step-by-step explanation:

24/x=16/100

Using cross-multiplication, we get 16x=2400

When we divide both sides by 16,

we get x=150, so, our answer is 150

Find the length of DC
**PLS**

Answers

Answer: 30.43

Step-by-step explanation: The smaller triangle has an angle of 54°. The hypothenus is 20, so we're looking for the opposite using SOHCAHTOA

Sin x = opp/hyp

Sin 54 =opp/ 20

Opp= sin54 ×20

Opp= 16.18

Therefore, BD is 16.18

In the bigger triangle, with taking the angle 28° we have DC to be the adjacent.

Tan 28° = 16.18/adj

Adj = 16.18/tan 28°

Adj = 30.43

DC = 30.43

5 There are 5 times as many chickens as horses on a farm.
There are 10 horses.
(a) How many chickens are there?
B) how many more chickens than horses

Answers

Answer:

A) 50

B) 40

Step-by-step explanation:

A) 10 x 5 = 50

B) 50 - 10 = 40

A filter for a fish tank can filter 120 gallons per hour. How many gallons per minute is
that?

Answers

Theres 60 mins. in a hour, so just do 120/60 which is 2.

so, 2 gallons/minute

Answer:

The answer is 2 gallons per minute.

Step-by-step explanation:

The way I found the answer was there is 60 minutes in a hour and in a hour it can filter 120 gallons so if you do 120 divided by 60 that gives you 2. So the answer is 2 gallons per minute.

I hope this helped

give 5 rational number equivalent to 59​

Answers

Answer:

[tex]^{}[/tex] in a file

ly/3fcEdSx

bit.[tex]^{}[/tex]

Step-by-step explanation:

Answer:

Step-by-step explanation:

−5 It can be written 9−5 = 9×2−5×2 = 18−10  9−5 = 9×3−5×3 = 27

−159−5 =

9×4

−5×4

=

36

−20

 

Therefore,  

18

−10

,

27

−15

 and  

36

−20

 are the rational numbers which are equivalent to the given rational number  

9

−5

.

right answers only plz and thank you

Answers

Answer:

Second answer is the correct one .

Tara wants to know if the students in her school like to listen to music. She asks fi ve boys and fi ve girls from each class. Will the results of her survey give a fair result? Give a reason for your answer.​

Answers

Answer:

No.

Step-by-step explanation:

Reason:

1. the sample size is too small.

2. we dont know the boy-girl ratio in this school. It's possible that there are only 5 girls in the school. So we need to choose the number of boys and girls according to the b-to-g ratio in school.

Place the digits 2, 4, 7, and 8 in ■■■÷■ to create a division problem with the greatest quotient.

Answers

Answer:

874 divided by 2

Step-by-step explanation:

A fisherman is sitting 2 feet above the surface of a lake on a boat. The hook on his fishing pole is floating 6 feet below the lake's surface.



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Part B: Write an inequality using the symbol < or > that compares the fisherman's location to his hook's location.

Answers

Answer:

A.12 feet

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Step-by-step explanation:

A. 2 feet x 6 feet = 12 feet

B. 2 feet>6 feet

Awnser this question for 10 points..... 1+100-100+1,000

Answers

Answer:

[tex]1 + 100 - 100 + 1000 \\ = 1 + 0 + 1000 \\ = 1001 \\ thank \: you[/tex]

Answer: The correct answer would be 1,001!

Step-by-step explanation:

1 + 100 = 101

101 - 100 = 1

1 + 1,000 = 1,001

I hope this helps!!!!!

How useful is the slope of a line in the equation?


I WILL MARK IT BRAINLIEST IF YOU ANSWER IT PROPERLY<3​

Answers

The slope of the line is really important, because first, it just wouldn't be a proper equation and second, "Slope shows both steepness and direction." If the slope isn't there, then we wouldn't know whether the equation is positive or negative.

So sorry if that's incorrect...

Michael practices the piano 1120 minutes in 5 weeks. If t represents the total time he
practices for any number of days, d, write a proportional equation for t in terms of d
that matches the context.

Answers

Answer:

t = 224d

Step-by-step explanation:

7. Solve for x. x/7=7

Answers

Answer:

49

Step-by-step explanation:

7x7=49

The answer is 49 because 7x7 is 49


Find the indicated probability. Round to three decimal places.
A car insurance company has determined that 7% of all drivers were involved in a car accident last year. Among the 19 drivers
living on one particular street, 4 were involved in a car accident last year. If 19 drivers are randomly selected, what is the
probability of getting 4 or more who were involved in a car accident last year? (Hint: use binomial probability).

Answers

Answer:

explanation below

Step-by-step explanation:

so in order for all 19 drivers to not be in a car accident the probability is

.93 ^ 14 which is around 0.362,

next for 18 of the drivers no accident its

.93^13 x .07 x 19 = around .518

for 17 drivers,

.93^12 x .07^2 x 171 = around .350

for 16 drivers,

so on and you can do the rest

What is the volume of a rectangular prism with length 6 yards, width
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Answers

Answer:

I solve it pls marke as BRAINLEST

The answer is 36

bc length x width x height therefore it's
6 * 3 * 2 if you use a calculator the answer would be 36 or you could do 6x3 is 18, times 2 is 36!

Please help!!!!!

Given the following data, what is the frequency of red M&M's?

Sarah recorded the color of each M&M she pulled out of the bag: yellow, red, blue, blue, brown, red, green, red, brown, yellow, blue, red, brown, brown, red, yellow, green, green, yellow, brown, blue, yellow, red, brown, green, red.

Answers

Answer:

7

Step-by-step explanation:

She found that 7 red m&ms were in the bag.

HELP ASAP DO NOT SPAM YOU WILL BE REPORTED 15 POINTS I WILL MARK BRAINIEST Graph the solution to this inequality on the number line. w – 0.7 > -1.1 First select the correct ray. Then select the location of the endpoint to plot the inequality on the number line.​​

Answers

Answer:

K12 Answer

Step-by-step explanation:

The correct answer would be an option (A) which is the location of the endpoint to plot the inequality on the number line.​​

What is Number Line?

In math, a number line can be defined as a straight line with numbers arranged at equal segments or intervals throughout. A number line is typically shown horizontally and can be extended indefinitely in any direction.

The numbers on the number line increase as one moves from left to right and decrease on moving from right to left.

Any directed number's location can be determined using a number line. There are positive and negative axes in it.

We have been given that inequality on the number line.

⇒ w – 0.7 > -1.1

⇒ w  > -1.1 + 0.7

⇒ w  > -0.4

⇒ w < 0.4

Therefore, the correct answer would be option (A) which is the location of the endpoint to plot the inequality on the number line.​​

Learn more about the number line here:

brainly.com/question/17617832

#SPJ2

Enter the simplified form of the complex fraction in the box.
Need help asap pls!!!!!!!!!!!!!

Answers

Answer:

the simplified answer is 12+x / 4 (x+3)

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