How can the contribution margin be used to determine the profitability of Ford Motor Company's products and how could it be used to make the operations more profitable?

The difference between the average customer’s willingness to pay and the total costs of a product is known as ______. When a company makes a profit, the difference between the price of the product and the cost of production is known as what?   Value creation and value capture are key concepts for which parts of business? If a company innovates in a way that reduces its production costs without affecting any features of the product, would that create value? Suppose a price war was to erupt in the airline market, which causes prices for flights to decline, but affected nothing else about the industry. Would this change the value created by airlines? Suppose a price war was to erupt in the airline market, which causes prices for flights to decline, but affected nothing else about the industry. Would this change the value captured by airlines?   Please solve all part and do not give solution in image format thanku

should a company promote the products with the greatest sales prices, greatest gross profit margin or greatest gross profit margin percentage?

What is meant by a products contribution margin ratio and how is this ratio useful in planning business operations?

Explain why is important for a business to understand their composite mix of products when calculating the contribution margin?

1. how would a cost volume profit analysis would be performed for a company that sells more than one product when the sales mix is known?

Which of the following is not a revenue driver factor which affects sales volume for a manufacturing firm?   Multiple Choice   Price changes.   Customer service.   Delivery dates.   Productivity.   Discounts.

What is operating profit margin?

Which of the following is NOT an objective of determining product costs for manufacturing firms? A) To determine selling prices B) to reduce operating leverage C) to make decisions D) to do financial reporting

1a. Discuss the concept of cost of goods sold. Why is it so important? What is the downside for you, as owner of the company, not knowing what your cost of goods sold on an overall, product line and/or unit basis? Please explain. 1b. As the owner of your company, why are contribution margins and contribution margin ratios important to you? Why is the break-even point important to you? If your sales are below the break-even point, would you still keep your company open? Why or why not? If you closed your doors, would you still be responsible for the payment of your fixed expenses? List some of them and state the reason why.