Answer:
Total contribution margin= $60,000
Explanation:
<u>First, we need to calculate the actual contribution margin:</u>
<u></u>
Contribution margin= net income + fixed costs
Contribution margin= 36,000 + 30,000= $66,000
<u>Now, the unitary contribution margin:</u>
Unitary contribution margin= 66,000/22,000= $3
<u>Finally, the total contribution margin for 20,000 units:</u>
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Total contribution margin= 3*20,000= $60,000
Answer:
Positive statements are statements that describe things as they are, based on empirical evidence. Normative statements describe whether something is good or bad, desirable or undesirable. They can be recommendatios or opinions, or both at the same time.
1. Teenagers shouldn't be permitted to buy cigarettes - Normative statement. It finds teenage smoking as undesirable.
2. Nuclear energy is cleaner than coal and oil based energy - Postive statement. It is describing a fact, not explicitely saying whether nuclear energy is better or not (even if implicitily it might be saying so).
3. We need more police on inner dash city streets - Normative statement. This statement is finding that more police is desirable.
4. Netflix original programming is better than network TV shows - Normative statement. It is giving an opinion, but it's still a positive statement.
Answer:
transactional
Explanation:
If Amy treated company resources as if they were her own and encouraged continued development and training of her employees; If She cared about the staff deeply and even organized international volunteering activities to promote their growth. Amy could best be described as transactional leader
A Transactional leader is a type of leader that promote good behavior by followers through the psychological method of behavior reinforcement which is 'rewards and punishments'. By using a rewards and punishments system, such transactional leaders keep their followers motivated.
Answer:
production of individually customized products
Explanation:
Mass customization can be described as when a company produces and delivers market goods and services that are suited to meet the needs of individual customers
It combines the benefit of low cost associated with mass production with the customization of goods.
An example of a product that is mass customized is the mobile phone. A mobile phone is mass produced but due to its software, users are able to modify or customize their phone to suit their needs
Types of Mass customization
- Collaborative customization: In this type of Mass customization, customers and the company work together to create a good or service that meets the unique needs of the consumer.
- Adaptive customization: the good or service created can be further customized by the consumer to suit their needs.
- Transparent customization: unique products are made for each consumer .
- Cosmetic customization: different types of standardized products are made for various groups of customers.
Advantages of Mass customization
- Customer satisfaction increases
- Goods are produced at lower costs
Disadvantages of Mass customization
- It would be difficult for the company to build up stock ahead of time due to the unique needs of the customers
- there would be an increased wait time from the time the order is made till when it is delivered
Answer: b. $14.00
Explanation:
Contribution margin = Price - Variable cost
= $40 - $26 = $14
