Answer:
700 units
Explanation:
FC1 : Fixed Costs from process 1
VC1 : Variable cost per unit from process 1
FC2 : Fixed Costs from process 2
VC2 : Variable cost per unit from process 2
FC1 = $50,000
VC1 = $700 per unit
FC2 = $400,000
VC2 = $200 per unit
To calculate the break-even (quantity) point we must equate the TC1 (Total cost of process 1) to TC2 (Total cost of process 2)
TC1 = TC2
FC1 + VC1(y) = FC2 + VC2(y) where y is the break-even units
50,000 + 700y = 400,000 + 200y
500y = 350,000
y = 350,000 / 500
y = 700 Units
Answer:
The cash flows from operating activities section of the statement of cash flows using the indirect method is $172,475.
Explanation:
Kennedy, Inc.
Statement of cash flows (extract)
Net income $179,562
Add: Depreciation expense 15,511
Loss on disposal of equipment 11,046
Less: Gain on sale of building (21,801)
Increase in accounts receivable (8,734)
Decrease in accounts payable (3,109)
Cash flows from operating activities $172,475
Answer:
<em> Ethnocentrism causes us to judge others by our own values. </em>
<em> Ethnocentrism causes us to judge others by our own values. Ethnocentrism is the belief in the superiority of one's own culture. This belief is a natural attitude found in all cultures, and it causes us to judge others by our values</em>.
Answer:
b. Managers from headquarters staff key positions.
Explanation:
In an international organisation when only managers from the headquarters are allowed to staff key positions, it is an indication of ethnocentric policy on staffing.
This usually occurs when the management of the organisation feels more comfortable working with a particular ethnic group they share the same culture with, and so understand easily. This is a way to avoid culture shock.