Answer:
Total units= 23214
Explanation:
Giving the following information:
Direct materials $1 per unit
Direct labor $100 per hour (100/500 units= $0.2)
The marketing manager decided to spend $2 per unit.
Fixed cost $55,000
Price= $4,000/1,000 units= $4.
First, we will determine the effect of the first 5000 (with the mkt expense) on the fixed costs:
5000*[4-(1+0.2+2)]= 4000 - 55000= 51000
Break-even point= fixed costs/ contribution margin
Break-even point= 51000/ [4-(1+0.2)]= 18214 units
Total units= 23214
Answer:
How the organization should achieve the goals and objectives set by its strategy.
Explanation:
Tactical Decision: Short term decision making, it is done to support the strategy of the company.
There are controllable elements in the strategy like production such as, company sets a strategy of producing more goods than other firms. Then through <em>Tactical Decision Making </em>this goal would be achieved.
Answer:
The option with the quarterly compounding provides a higher future value.
Explanation:
Giving the following information:
Initial investment= $7,000
Number of years= 4 years
<u>To calculate the future value, we need to use the following formula:</u>
FV= PV*(1+i)^n
<u>Quarterly compounding:</u>
Interest rate (i)= 0.07/4= 0.0175
n= 4*4= 16
FV= 7,000*(1.0175^16)
FV= $9,239.51
<u>Monthly compounding:</u>
i= 0.0685/12= 0.00571
n= 4*12= 48
FV= 7,000*(1.00571^48)
FV= $9,200.07
The option with the quarterly compounding provides a higher future value.
Answer:
Promissory estoppel is the legal principle that a promise is enforceable by law
Explanation:
Answer:
Before, During and After Processing
Explanation:
Technology can be used to track availability of materials for production <em>before</em> beginning of processing. If materials have fallen below desired level, use of technology can help notify the requisition department on time.
<em>During</em> the process technology can be used to keep track of completion stage of work - in - process materials.
<em>After</em> processing, use of technology can help communicate the availability (in-stock) of finished products which are needed by customers.
