3 What are some similarities and differences between skimming pricing‚ prestige pricing‚ and above-market pricing? 4 Touché Toiletries Inc. has developed an addition to its Lizardman Cologne line tentatively branded Ode d’Toade Cologne. Unit variable costs are 45 cents for a 3-ounce bottle‚ and heavy advertising expenditures in the first year would result in total fixed costs of $900‚000. Ode d’Toade Cologne is priced at $7.50 for a 3-ounce bottle. How many bottles of Ode d’Toade must be sold
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Discrete Random Variables: Homework Exercise 1 Complete the PDF and answer the questions. |X |P(X = x) |X(P(X = x) | |0 |0.3 | | |1 |0.2 | | |2 | | | |3 |0.4 | | a. Find the probability that X = 2. b. Find the expected value. Exercise 2 Suppose that you are offered the following “deal.” You roll a die. If you
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the costs for the year. The restaurant wanted to see what some of their fixed and variable costs were for the year. They also wanted to make sure they remain in their relevant range. The costs focused on were the cost of hamburgers (raw materials) and the cost of building rent. It was determined that the raw materials were the variable costs because the cost will vary based on production of hamburgers. A variable cost is a cost that will change in direct proportion to changes in the cost-driver
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fnfldfmk . You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50‚000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70‚000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40‚000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%. 203 Ignou what do you know about the census 2011? 79 SBI mccb service sittings be done? 104 Mr.
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Michael Lewis PT 1420 Intro to Programming Unit 2 Research (Variable Naming Rules) Python: Must begin with a letter (a - z‚ A - B) or underscore (_); other characters can be letters‚ numbers or _; Case Sensitive; Can be any (reasonable) length; There are some reserved words which you cannot use as a variable name because Python uses them for other things. Visual Basic: You must use a letter as the first character. You can’t use a space‚ period (.)‚ exclamation mark (!)‚ or the characters @‚ &‚
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Information Systems Success: The Quest for Dependent Variable By William H. DeLone and Ephraim R. McLean Dependent variables are needed to be well defined in the IS success examination. Prior research more concerns on independent variables than the dependent variable. Instead‚ this article focuses on the measurement of the dependent variable. Shannon and Weaver (1949) and Mason (1978) yield six distinct categories or aspects of information systems success‚ which are system quality‚ information
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costs at the original budgeted activity level. True False 3. The overhead spending variance and the overhead efficiency variance are useful only if variable overhead really should be proportional to the activity measure that is being used in the flexible budget. True False 4. The variable overhead efficiency variance reflects how efficiently variable overhead resources were used. True False 5. A reason for keeping a constant denominator activity level is to maintain stability in the amount of
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3-point scale. Let X denote the rating given by expert A and Y denote the rating given by B. The following table gives the joint distribution for X and Y . 4.12 If a dealer’s profit‚ in units of $5000‚ on a new automobile can be looked upon as a random variable X having the density function fx= 21-x‚0<x<10‚elsewhere find the average profit per automobile. 4.14 Find the proportion X of individuals who can be expected to respond to a certain mail-order solicitation if X has the density function. fx=
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using an average variable cost function of the form. AVC= a + bQ+ cQ^2 (the 2 is suppose to be exponent) Where AVC=dollars per vacuum cleaner and Q=number of vacuum cleaners produced each month. Total fixed cost each month is $180‚000. The following results were obtained: Dependent Variable:AVC R-Square F-Ratio P-Value on F Observations:19 0.7360 39.428 0.0001 Variable
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CHAPTER 12 PRICING DECISIONS AND COST MANAGEMENT 12-1 The three major influences on pricing decisions are 1. Customers 2. Competitors 3. Costs 12-2 Not necessarily. For a one-time-only special order‚ the relevant costs are only those costs that will change as a result of accepting the order. In this case‚ full product costs will rarely be relevant. It is more likely that full product costs will be relevant costs for long-run pricing decisions. 12-3 Two examples of pricing decisions with
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