Answer:
I think Quality is most important to luxury buyers.
Solution:
(a) Total contribution margin = Sales - Total variable cost
= 1,320,000-111,000
= $1,209,000
Contribution Rate = Contribution margin / Sales
= 1,209,000/1,320,000
= 91.59090909%
(b) Break even sales = Fixed costs / Contribution rate
= 567,000/91.59090909%
= $619,057
(c) Break even volume in units = Break even / Selling price per unit
= 619,057/125
= 4,953 ( Rounded to near whole number)
Answer:
The correct answer is d. Collecting requirements.
Explanation:
The requirements include the quantified and documented needs, wishes and expectations of the sponsor, the client and other stakeholders.
They must be formally documented and formally approved.
This process allows managing the expectations of the interested parties and documenting the needs to turn them into project requirements.
It provides the basis for defining and managing the scope of the project, including the scope of the product.
Answer:
Larry can set up Messaging by adding a mobile number to Google My Business.
Explanation:
In addition to Larry's business phone number placed on his Google My Business panel, he needs to add his mobile number which would enable him to receive text messages from customers and respond to them accordingly.
Answer:
Unitary cost= $49.72
Explanation:
Giving the following information:
Each chair takes $14 of direct materials and uses 1.9 direct labor hours at $16 per direct labor hour. The variable overhead rate is $1.20 per direct labor hour, and the fixed overhead rate is $1.60 per direct labor hour.
The unitary cost under absorption costing is the sum of direct material, direct labor, and total overhead.
Unitary cost= 14 + (1.9*16) + (1.2*1.9) + (1.6*1.9)= $49.72