Answer:
The product cost for 24,500 units is $497,350.
Explanation:
The reason is that the the product cost always includes all the variable production cost and specific fixed production cost. In this scenario, direct material cost, direct labor cost, variable manufacturing overhead cost are variable production cost whereas the fixed manufacturing cost is specific fixed production cost which will form part of product cost. The remainder of the cost left is period cost.
Direct materials (24,500 * $7.7 per unit) $188,650
Direct labor (24,500 * $4.7 per unit) $115,150
Variable manufacturing overhead (24,500 * $2.2 per unit) $53,900
Fixed manufacturing overhead (24,500 * $5.7 per unit) <u>$139,650 </u>
Total product costs $497,350
Answer:
extensive communication mechanisms.
Explanation:
High-performance teams is a term often used in organizational settings to describes teams that often performed better than other teams and beyond expectation. They are associated with various characteristics amongst others which are:
1. Presence of extensive communication mechanisms
2. Constant collaboration among team members
3. Define objectives and goals
4. Ability to tackle and resolve conflict amicably with speed.
International competitors suddenly appear in greater numbers as a result of the mentioned changes in trade agreements, Megatech now needs to contend with more and new competitors.
<h3>
In terms of the marketplace there are three primary types of companies?</h3>
There are three main categories of businesses in the market
international businesses, multinational businesses, and transnational businesses.
International businesses only import and export; they do not have any investments abroad.
Although multinational corporations have offices or facilities in several different nations, each one operates independently, basically as a separate legal entity.
Organizationally, multinational corporations are far more complex. It is a commercial enterprise that runs big facilities, conducts business internationally, and does not identify with any particular nation as its national home. A multinational company's ability to maintain a higher level of responsiveness to the local market is one of its key advantages.
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Answer:
15. A - Net Loss
Rest of the questions are bad quality, take a better picture.
Explanation:
Answer:
Market price = $2, profit = $0
Product differentiation
Increase profit
Explanation:
The market price will be $2, since the two firms will compete against each other, then the ori e falls to the marginal cost of $2
Product differentiation refers to the distinction made in a market whereby mostly similar products are produced. The variation or distinction made by different producers is usually used to influence consumer decision. The inscription of iguana made on the chest of iz and odd's t-shirt brand is to differentiate its product from that of Ralph and Lauren.
The Economic reason which could have likely sparked iz and odd's decision to put Iguana on its t-shirt brand is to give consumers something a bit more different from their usual design, thereby enticing more customers and ultimately increase profit.
