Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. a business has a market share of 20% and it compet

A business has a market share of 20% and it competes in...

80.2K

Verified Solution

Question

Accounting

A business has a market share of 20% and it competes in a market where the total market demand is 300,000 units. The price per unit and variable cost per unit are $25 and $10, respectively. If the net marketing contribution of the business is $450,000, and the operating income of the business is $350,000, calculate the total marketing and sales expenses incurred by the business.
$250,000
$160,000
$550,000
$300,000
$450,000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

At 1 atm, how much energy is required to heat 47.0 g of H2O(s) at –22.0...

Chemistry
Q

A woman of mass m = 58.9 kg sits on the left end of a seesaw—a...

Physics
Q

Find a materials property plot of elastic modulus and density. Identify a composite, a polymer, and a metal...

Mechanical Engineering
Q

1a. Can we delete a drawing view in autodesk inventor? How? 1b. Can we adjust the...

Mechanical Engineering
Q

Polar Hydrophilic Polar Hydrophobic O Non polar Hydrophobic O Non polar Hydrophilic Question 37 Scientist...

Biology
Q

Miami Company designs, manufactures, and markets an extensive line of PC cards. The company sells...

Accounting
Q

1) F.L. Hill's checkbook lists the following: Date Check No. Item Check Deposit Balance $...

Accounting
Q

Absorption Costing Income Statement On October 31, the end of the first month of operations,...

Accounting
Q

Exercise 5A-8 Presented below is information related to Monty Co. for the month of January...

Accounting
Q

PRINTER VERSION BACK NEXT Exercise 11-4 (Video) Monte Services, Inc. is trying to establish the...

Accounting
Q

A company separately sells home security equipment and 12 months of system monitoring service for...

Accounting
Q

During the first week of September 2020, Hannah was assisting her elderly aunt with her...

Finance