Answer:
Cost of direct materials used for the quarter is = $240
Explanation:
Given that
Ending work in process inventory = $540
Manufacturing overhead = $840
Cost of goods manufactured = $1,420
Beginning work in process inventory = $410
Direct labor = $470
To calculate the cost of raw materials used for the quarter, we will make use of the formulae below.
Cost of goods manufactured = beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP
$1,420 = $410 + Direct materials + $470 + $840 - $540
Direct materials = $240
Identify which of the objectives of business writing is not being met in the following message. I see that there appears to be an absolutely unfamiliar potential client requesting to converse with you in the upcoming afternoon interval. Would you prefer that I reject his request because you are already experiencing an overload of professional work demands?
Explanation:
There is no clear purposeful in the business writing above.
For it to be a message that effectively communicates the main information that you want to transmit, it is important that the message is written in the most objective and accurate way possible, so that there is no communication noise and so that the message reaches the receiver and the message is understood. central purpose of the message effectively.
Financial and Managerial accounting are similar in that both A. primarily emphasize future operating results and goals. B. are regulated by outside regulatory agencies and commissions. C. are designed to meet the needs of managers. D. provide information primarily to external users. E. use information provided by the internal accounting system.
Answer:
The answer is E.
Explanation:
Financial accounting is the process of recording, summarizing, and analysis financial data/transactions
Managerial (management) accounting is the process of making financial information available for management to make decisions or for advice.
Both financial accounting and management (managerial) accounting make use of information provided by the internal accounting system.
The financial and management accounting are similar because they use the information provided by the internal accounting system.
A financial accounting means the process of recording, summarizing and analysis financial transactions for different purpose.
A Managerial accounting means the process of making financial information available for management to make decisions or for advice.
Hence, the financial and management accounting are similar because they use the information provided by the internal accounting system.
Therefore, the Option E is correct.
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Identical products, as well as a large number of buyers and sellers, are characteristics of a market. In such markets, sellers of goods influence the prevailing market price, giving them the role of price in the market. True or False: The market for tomatoes exhibits the two primary characteristics that define perfectly competitive markets. True
Answer:
False.
Explanation:
This statement is false, because perfectly competitive markets are those where there are a variety of buyers and sellers available, which may mean that there are similar products on the market, but sellers are not able to influence the market price, which what happens in a perfectly competitive market is that companies are the price takers, they do not have the power to influence the price, since there are a large number of competitors and each one has a share in the market, since the products offered are little differentiated and there are no barriers to market entry.
Francis Real Estate Company has the following account balances at December 31, the end of its fiscal year. Debit Credit Commissions Earned....... $84,900 Wages Expense....... $36,000 Insurance Expense....... 1,900 Utilities Expense....... 8,200 Depreciation Expense....... 9,800 Retained Earnings....... 72,100 Assume that the company has not yet closed any accounts to retained earnings. Prepare journal entries to close the temporary accounts above. After these entries are posted, what is the balance of the Retained Earnings account
Answer:
Dr Commissions earned 84,900
Cr Income summary 84,900
Dr Income summary 55,900
Cr Wages Expense 36,000
Cr Insurance Expense 1,900
Cr Utilities Expense 8,200
Cr Depreciation Expense 9,800
Dr Income summary 29,000
Cr Retained earnings 29,000
The balance of the retained earnings account is $101,100 after all temporary accounts have been closed.
The Morrit Corporation has $960,000 of debt outstanding, and it pays an interest rate of 12% annually. Morrit's annual sales are $6 million, its average tax rate is 25%, and its net profit margin on sales is 3%. If the company does not maintain a TIE ratio of at least 6 to 1, then its bank will refuse to renew the loan, and bankruptcy will result. What is Morrit's TIE ratio? Do not round intermediate calculations. Round your answer to two decimal places.
Answer: 3.08
Explanation:
The following can be calculated from the information given in the question:
Interest amount will be:
= $960,000 × 12%
= $960,000 × 0.12
= $115,200
Net profit will be:
= 3% of $6 million
= 0.03 × $6 million
= $180,000
Net profit + tax will be thesame as the profit before tax and this will be:
= $180,000/(1 - 25%)
= $180,000/75%
= $180,000/0.75
= $240,000
The addition the profit before tax and the interest will be:
= 240,000 + $115,200
= $355,200
TIE ratio will be:
= EBIT/Interest
= $355,200/$115,200
= 3.08
Bank will also refuse to renew
Another view of leadership focuses on a continuum of behavior ranging from a type of leadership with a formal hierarchy and power emanating from the top down to the other end of the range where: Select one: a. leaders seek sole possession of power and control. b. leadership is distributed among, and stems from, team members. c. those lowest in the organization have the most power due to threats and sabotage. d. a heavy leadership commitment toward bureaucracy and task monitoring.
Answer:
b
Explanation:
leadership is distributed among, and stems from, team members.
Leadership is distributed among and stems from, team members.
The answer is option B.
What are leadership skills?Leadership skills can be described as moves or a collection of moves used to force or guide groups and peers to success. They recognize how to manage, have an effect on, and encourage all of us in their group. They recognize a way to deal with difficult situations and hold their teams engaged and centered.
Who is a good leader?There are a number of vast expertise regions which might be particularly critical for leaders. Those encompass strategic wondering, making plans and delivery, people control, alternate management, verbal exchange, persuasion, and impact. Consequently, they may be known as right leaders.
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The firm's findings are best described as the
Answer:
Internet divide
Used office supplies of $4,940. The Office Supplies unadjusted balance on December 31 is $9,200. Adjustment Type: Supplies Expense Office Supplies A T is drawn. The vertical line divides the account into its left and right sides. The left side of the T-account is called the debit side and the right side is called the credit side. The account name is at the top, above the horizontal line.
Answer:
Deferrals / Prepaid
Supplies Expense
Date Debit Credit Date
31-Dec $4,940
Balance $4,940
Office Supplies
Date Debit Credit Date
31-Dec $9,200 $4,940 31-Dec
Balance $4,260
You are designing a process for the assembly of a consumer electronics product with a labor content of nine minutes. You are trying to decide whether to use (1) a single machine-paced line with eight workers or (2) eight separate single-worker cells. Each of the eight single-operator cells would perform exactly the same collection of assembly tasks as the single line, using the same tools, technologies and equipment. On the assembly line, each worker would be assigned to a single assembly task. There are significant differences in task times among the eight tasks. Which approach would produce the greater output
Answer:
a. The single line
Explanation:
Since in the question it is mentioned that a process is designed of nine minutes in which the decision is taken for using a single machine with eight workers or eight separate individual worker cell should be used. Also the eight individual operator sells performs the same assembly task
Based on the above information,
The single line would generated the high output there is a high chance of variability that results in generating less output as compared with the single line
All production costs have been steadily rising at Donner Company for several periods. In this environment, Donner Company’s cost of ending Work In Process inventory using the FIFO method would be: a. the same as that computed under the weighted average method. b. higher than that computed under the weighted average method. c. lower than that computed under the weighted average method.
Answer:
b. higher than that computed under the weighted average method.
Explanation:
FIFO uses inventory evaluation such that the ending inventory cosists of the most recent purchases. Therefore the ending inventory consists of only the highest priced units.
The weighted average method uses process in which all the units have been uniformly valued. Therefore the weighted average ending inventory consists of units priced lower than the FIFO ending inventory during constantly rising prices.
The weighted average inventory would consist of both low priced and high priced units that are averaged which automatically is lower than the most recent high priced units.
Suppose that an economy consists of only two individuals. Trevor has $1070 available to spend on goods. He decides to purchase $450 worth of produce from Charlotte in the current year. No other economic activity takes place during the current year. Using this information, answer the questions. For the current year, what is the economy's income
Answer:
The question option are:
1. For the current quarter what is the economy's income?
2. For the current quarter, what is the economy's expenditure?
3. In an economy, how are income and expenditure related?
1. The economy's income for the current year is $450 because there is only one transaction that take place in the year worth of $450
2. The economy's expenditure of the current year is $450 because each transaction has two side. One is the Income, the other is Expenditure. The income is converted to expenditure.
3. In an economy, income and expenditure are related and they are equal. Each transaction has two side. One is the Income, the other is Expenditure. The income is converted to expenditure.
Which of the following statements is true of a deliberate strategy? a. It is implemented as a result of careful analysis of markets, customers, competitors, and a firm's resources and capabilities. b. It develops when leaders recognize and act on unexpected opportunities that occur through serendipity. c. It involves decisions on how to effectively implement the business unit strategy within functional areas. d. It focuses on decisions about how to motivate employees to perform their work efficiently.
Answer:
a. It is implemented as a result of careful analysis of markets, customers, competitors, and a firm's resources and capabilities.
Explanation:
Deliberate strategy refers to a formal palnning in which the vision is there that should be to used for creating a strategy in order to show the benefits that act deliberately.
Here the concept i.e. plan and think before you say or act should be applied
It does not mean that it is totally blind for anticipated developments and events that could occur in the future
Therefore in the given case, the option A is correct
A customer got serious food poisoning from Chix Now restaurant on April 30, 20x2, necessitating a trip to the emergency room. On May 6, 20x2, the customer initiated a lawsuit. At December 31, 20x2, Chix Now estimated its probable loss to be $100,000. In January 20x3, before issuance of Chix Now's financial statements, a judge ruled in favor of the customer and awarded the customer $120,000 in damages. Must the company recognize the effects of this ruling in its 20x2 financial statements
Answer:
Yes the company must recognise the effects of this ruling.
Explanation:
As provided the law suit was initiated in the year 20x2, because of the activity happened in April 20x2.
Accordingly, company was already prepared for a liability of $100,000.
Whenever an event that occurs after the balance sheet is a mere confirmation to what was expected on balance sheet date, or is in alignment with things on record on the balance sheet date, it shall be provided in the balance sheet of that year.
In the given case the law suit was pending on the balance sheet date and was recorded as a liability then, now after the declaration by the judge, the additional liability of $20,000 shall be provided in the financial books of year 20x2.
Which of the following would lead to an increase in the demand for golf balls?
a. A decrease in the cost of producing golf balls.
b. An increase in the price of golf clubs
c. An decrease in the price of golf balls
d. An increase in average household income when golf are a normal good.
Answer:
Option C, An decrease in the price of golf balls, is the right answer.
Explanation:
Option “C” is correct because as per the law of demand, the price of a commodity and its demand are inversely related to each other. If the price increases, then the demand for the commodity falls. If the price of the commodity falls, then the demand increases. Similarly, in the case of golf balls, when its price decreases then this decrease in price will result in an increase in demand for golf balls.
the following factors affect the labor market except
Government actions
social change
population shifts
teamwork
From the provided factors, the factor that doesn't affect the labor market is the teamwork.
Option D is correct.
What is a market?Market is referring to a place from where the consumers acquire the goods and services in order to fulfill his/her wants and needs. It is affected by demand and supply of products being offered to them.
A market is regarded as a labor market when it includes the individuals, employees, business entities and the households. It also affects by various factors such as, actions taken by the government authorities like increase in taxes, change in policies, etc.; the changes in society like variations in cultures, traditions, beliefs, etc. due to influence of foreign countries and the shift of population like increase in births, decrease in deaths and vice versa.
Therefore, the teamwork is not the factor affecting the labor market in any sense.
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Answer:
D. Teamwork took the test on edgenunity
Explanation:
Which of the following statements about a company’s strategy is true? Multiple Choice Crafting an excellent strategy is more important than executing it well. A company’s strategy deals with whether the revenue-cost-profit economics of its business model demonstrate the viability of the business enterprise as a whole. Strategy at its essence is about competing differently—doing what rival firms do not do or cannot do. Masterful strategies come partly (maybe mostly) by doing things in much the same way as the industry leader but then being better than the leader in one particular area that counts heavily with buyers. Whether a company’s strategy is ethical or not does not matter much because most customers and most suppliers are relatively unconcerned with whether a company they do business with engages in sleazy practices or turns a blind eye to below-board behavior on the part of its employees.
Answer:
A company’s strategy deals with whether the revenue-cost-profit economics of its business model demonstrate the viability of the business enterprise as a whole.
Explanation:
A company strategy is a business term that describes the view and set out paths into the future arrangement of a company, which focuses on the company's overall purposes, mission, and vision while considering the commodities to be produced, customers to serve, and the market to explore at large.
Hence, in this case, the statement about the company’s strategy that is true is "A company’s strategy deals with whether the revenue-cost-profit economics of its business model demonstrate the viability of the business enterprise as a whole."
Isabel, a calendar-year taxpayer, uses the cash method of accounting for her sole proprietorship. In late December she received a $20,000 bill from her accountant for consulting services related to her small business. Isabel can pay the $20,000 bill anytime before January 30 of next year without penalty. Assume her marginal tax rate is 37 percent this year and next year, and that she can earn an after-tax rate of return of 12 percent on her investments. a. What is the after-tax cost if Isabel pays the $20,000 bill in December
Answer:
A.$12,600
B.$13,393
Explanation:
a. Calculation for the after tax cost if pays on December
First step
Tax savings in current year = $20,000×37%
Tax savings in current year=$7,400
Second step is to find the After tax cost using this formula
Let plug in the formula
After tax cost = Cost of bill - Tax saving
After tax cost = 20,000-7,40
After tax cost=$12,600
Therefore the after tax cost if pays on December will be $12,600
b. Calculation for the after tax cost if pays on January
First step
Tax savings in next year = $20,000×37%
Tax savings in next year =$7,400
Second step the Present value of $1 at 12% for one year will give is 0.893
Third step
Present value of tax savings = $7,400×.893
Present value of tax savings =$6,607
Last step is to find the After tax cost using this formula
After tax cost=Cost of bill -Present value of tax savings
Let plug in the formula
After tax cost= $20,000-6,607
After tax cost=$13,393
Therefore the after tax cost if pays on January will be $13,393
Ashley has a large and growing collection of animated movies. She wants to replace her old television with a new LCD model, so she has started saving for it. At the end of each year, she deposits $1,620 in her bank account, which pays her 10% interest annually. Ashley wants to keep saving for two years and then buy the newest LCD model that is available. Ashley’s savings are an example of an annuity. How much money will Ashley have to buy a new LCD TV at the end of two years?
Answer:
$3,402
Explanation:
We are to calculate the future value of the annuity
The formula for calculating future value = A x (B / r)
B = [(1 + r)^n] - 1
R = interest rate
N = number of years
(1.10)² - 1 = 0.21
$1,620 x( 0.21 / 0.1) = $3,402
State whether the following sentences are true or false regarding proprietary-type funds and the accounting measurements made within them. If the sentence is false, state why?a. Enterprise Funds are used when a governmental entity sells products or services primarily to external parties (such as the general public) for a fee or user charge. b. An Enterprise Fund may not be used if the entity, such as a provider of mass transit services, receives subsidies from the General Fund. c. To ascertain the amount of capital assets acquired by an Enterprise Fund during the year, you should read the statement of revenue, expenses, and changes in net position. d. When Enterprise Funds are used, expenses are accrued only if they are expected to be paid within 60 days after the end of the year. e. When Enterprise Funds are used, revenues are recognized in the period they are earned, even if cash has not been received.
Answer:
a. Enterprise Funds are used when a governmental entity sells products or services primarily to external parties (such as the general public) for a fee or user charge.
True
b. An Enterprise Fund may not be used if the entity, such as a provider of mass transit services, receives subsidies from the General Fund.
True
c. To ascertain the amount of capital assets acquired by an Enterprise Fund during the year, you should read the statement of revenue, expenses, and changes in net position.
True
d. When Enterprise Funds are used, expenses are accrued only if they are expected to be paid within 60 days after the end of the year.
True
e. When Enterprise Funds are used, revenues are recognized in the period they are earned, even if cash has not been received.
True
Explanation:
The advantages of being an entrepreneur are _____. a. excitement, independence, and financial risk b. flexibility, independence, and salary potential c. short working hours, independence, and financial risk d. administration, short working hours, and excitement Please select the best answer from the choices provided A B C D
Answer:
the answer would be B
Explanation:
I took the test don't worry!
The correct option is B. The advantages of being an entrepreneur are flexibility, independence, and salary potential. Time flexibility is the ability to create your timetable and organize your days with some liberty and freedom. You'll work more and less some days than others, and having a business plan that supports this will make you a happy business owner.
What role does play entrepreneurship in economic development?
Economic Growth is Accelerated by Entrepreneurship They encourage new employment by developing new goods and services, which eventually accelerates economic growth. Therefore, public policy that promotes entrepreneurship should be seen as crucial for economic progress.
Successful businesspeople are aware of how quickly their industry and the world around them change. They must adjust their strategy and offers to take into account shifting market conditions while maintaining their emphasis on the long term. The primary traits of an independent entrepreneur are the desire to make a profit, the financial risks, the scope and generality of the commercial activity, notoriety, independence, and the possibility of losing the capital invested.
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Which of the following would represent the fastest annual growth?
a) An increase in real GDP per capita of 3%
b) An increase in real GDP of 6% and population growth of 4%
c) An increase in real GDP of 2% and population decline of 1%
d) An increase in real GDP of 5% and population growth of 1%
The option that represents the fastest annual growth is an increase in real GDP of 5% and population growth of 1%
Gross domestic product is the total quantity of final products that a country produces in a given period.
The equation that can be used to determine the value of gross domestic product using the expenditure approach : consumption spending + investment spending + government spending + net export
There are two types of gross domestic product:
Real GDP: it is the value of GDP adjusted for inflation. Nominal GDP: it is the value of GDP calculated using current year prices. It has not been adjusted for inflation.Real GDP per capita is calculated by dividing real GDP growth by population growth
Real GDP per capita = increase in real GDP / population growth
The option with the fastest annual growth is the option with the highest real GDP per capita
a. real GDP per capita = 3%
b. real GDP per capita = 6% / 4% = 1.5%
c. real GDP per capita = 2% / 1% = 2%
d. real GDP per capita = 5% / 1% = 5%
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A 20% increase in sales causes EPS to rise from $4.00 to$6.50. Assuming the firm has no debt, what is its degree of operating leverage (DOL)?
A. 3.13 B. 2.25 C. 1.50 D. 1.57 E. 1.00
Answer:
A
Explanation:
DOL = Percentage change in EBIT / percentage change in sales
EPS = {(EBIT - Interest) × (1 - T) } / Shares
The firm has no debt, so interest would be zero
EPS = EBIT × (1 - T) / Shares.
Tax rate and number of outstanding shares remain unchanged.
Percentage Change in EPS = EBIT.
Percentage Change in EPS = (6.5 / 4) - 1 = 0.625 = 62.5%
EBIT = 62.5%
Percentage change in sales= 20%
DOL = 62.5% / 20% = 3.13
Using the the cash flow statement shown below: Changes in operating assets and liabilities: Accounts and notes receivable 15.2 (0.7) 61.8Inventories 93.6 46.8 212.8Other current assets (8.7) 5.3 2.5 Accounts payable, accrued expenses, income taxes payable and other 165.0 31.3 193.0How did inventory change during the most recent year? a. Inventory increased by 505 b. Inventory increased by 395 (505-900) c. Cannot be determined from the information provided d. Inventory decreased by 505
Answer: Inventory decreased by 93.6
Explanation:
When working with the Cash-flow statement, only increases (decreases) in inventory are subtracted (added) are added to the Cash balance and not the entire inventory amount.
The logic is that, if inventories increased then it means that the company spent cash on increasing inventory which would reduce the cash balance. The reverse is true.
If in the cash flow statement therefore, inventory is added to the cash balance instead of subtracted, it means that inventory decreased by the amount it is being added by.
The cashflow statement here shows an inventory addition of $93.6 so Inventory decreased by $93.6.
During 20X1, X Company manufactured equipment for its own use at a total cost of $2,400,000. The project required the entire year to complete and all costs were incurred uniformly throughout the year. At the beginning of the period, X was able to borrow $1,500,000 at 6% specifically for the purchase of materials and the manufacture of the equipment. The entire debt, with interest was repaid on December 31, 20X1, replaced with a long-term loan. Throughout 20X1, X Company had additional debt of $1,000,000 with a weighted average interest rate of 7%. If X Company capitalizes to the equipment the maximum amount of interest allowable under GAAP, how much will X report as interest expense in 20X1
Answer:
$88,000
Explanation:
The company's total interest expense for the year = ($1,500,000 x 6%) + ($1,000,000 x 7%) = $90,000 + $70,000 = $160,000
The company can capitalize the weighted average expenses times the interest rate of the specific loan for this project. Since the costs were paid uniformly during the year, the weighted average costs = $2,400,000 / 2 = $1,200,000. It can capitalize interests for up to $1,200,000 x 6% = $72,000.
Total interests - capitalized interests = $160,000 - $72,000 = $88,000
Collections of related activities intended to achieve a common purpose are called:______.
Answer:
Processes
Explanation:
The process is a general term that is used in all fields of human endeavor including business operations to defined a form of set instructions or connected actions that seeks to derive or eventually get a mutual goal at the end. In the business world, it is called Business Process.
Hence, Collections of related activities intended to achieve a common purpose are called PROCESSES
"A customer is long 1,000 shares of ABCD stock. It is now September and the customer is worried that the price of ABCD may decline, but does not want to sell the stock until the end of this year. She is very cost-conscious and wants a strategy to protect the stock from a falling market at minimal cost. You should recommend that she:"
Answer:
She should Hedge her stock position by buying 10 ABC Dec puts and sell 10 ABC Dec calls
Explanation:
In order to protect her long position on the stock from a falling market at minimal cost i would recommend she should buy 10 ABC Dec puts and sell 10 ABC Dec calls i.e hedging her long position on the stock
This way she will protect her self against the falling market that she is worried about
Hagadorn Company has the following adjusted accounts and balances at year-end (June 30): Accounts Payable $ 150 Interest Expense $ 105 Accounts Receivable 520 Interest Income 40 Accrued Expenses Payable 140 Inventories 770 Accumulated Depreciation 130 Land 410 Additional Paid-in Capital 256 Long-Term Debt 1,280 Buildings and Equipment 1,420 Prepaid Expenses 60 Cash 205 Salaries Expense 720 Common Stock 64 Sales Revenue 2,390 Cost of Sales 800 Rent Expense 580 Depreciation Expense 230 Retained Earnings 1,570 Income Taxes Expense 305 Unearned Fees 75 Income Taxes Payable 30 Prepare an adjusted trial balance in good form for the Hagadorn Company at June 30.
Answer:
Hagadorn Company
Adjusted trial balance as at June 30
Debit Credit
Accounts Payable $ 150
Interest Expense $ 105
Accounts Receivable $520
Interest Income $40
Accrued Expenses Payable $140
Inventories $770
Accumulated Depreciation $130
Land $410
Long-Term Debt $1,280
Buildings and Equipment $1,420
Prepaid Expenses $60
Cash $205
Salaries Expense $720
Common Stock (64 + 256) $320
Sales Revenue $2,390
Cost of Sales $800
Rent Expense $580
Depreciation Expense $230
Retained Earnings $1,570
Income Taxes Expense $305
Unearned Fees $75
Income Taxes Payable $30
Totals $6,145 $6,145
Explanation:
A trial balance is a list of balances (debits and credits) extracted from ledger accounts that is used to prepare financial statements.
Price Per Unit Quantity Supplied Quantity Demanded $10 100 295 11 150 275 12 190 250 13 220 220 14 245 180 15 265 135 If a technological advance lowers production costs such that the quantity supplied increases by 60 units of this product at each price, the new equilibrium price would be
Answer:
$12
Explanation:
Equilibrium price is price at the point where quantity supplied equals the quantity demanded.
Please check the attached image for a table showing how equilibrium was found
"You are working late tonight. Everyone else has gone home for the day, but you’ve been working on the presentation you’ll be giving with your team at the sales meeting tomorrow afternoon. You would like to get their input on what you have done. How can you get them to respond to your presentation first thing in the morning?"
Late-night presentation.
As per the question, the last night's work is in the form of a presentation and needs to be worked on for the next day to give the team information about the sales meeting and information regarding the afternoon. Hence to get most input on what the work has been done for the day.
The answer is a conference call.
As the late-night work is demanding and stressful it an end to be complete during the night and hence the presentation will take time to get completed. Since he has less time the input can be gathered from the team by taking group calls.Learn more about the late tonight.
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In this particular example, the optimal two-part tariff is a per-unit price of $1 and a fixed fee of $29. But notice that with this pricing structure, the Low-type consumer will not purchase any units of the product! Why was it optimal for the firm to set a pricing structure that intentionally shut the low-type consumer out of the market
Answer:
The seller sets such high prices to increase his revenue. If he sets lower price, the revenue will also be less whereas high pricing will result in more revenue. Sellers sometimes set price as high as 800% above the cost. Though it discourages low type consumer but ensure high return by exploiting high paying capacity consumers. e.g. Apple (iPhone). Next it protects the seller from floating prices. Also by setting high price, sellers target high paying capacity consumers and increase their revenue manifold.
