Answer: $9.80
Explanation:
The unit price to earn $5000 on the order will be calculated thus:
The variable costs for 2500 units will be:
= 504000/84000 × 2500
= 15000
The unit price will now be:
= (15000+4500+5000) / 2500
= 24500 / 2500
= $9.80
The unit price is $9.80
Answer:
Instructions are below.
Explanation:
Giving the following information:
Each pound of chocolate requires 400 cocoa beans and 0.15 labor hours.
During the year, 480,000 pounds of chocolate was produced.
First, we need to calculate the number of cocoa beans required to produce 480,000 units.
Number cocoa beans= 480,000*400= 192,000,000 cocoa beans.
Now, the hours of labor required.
Direct labor allowed= 480,000*0.15= 72,000 hours
Answer:
The answer is: C) will suffer a loss equal to its fixed costs.
Explanation:
If a company shuts down its production temporarily (not permanently), it will stop receiving revenue from the goods it used to produce but at the same time will not be spending any money on variable costs. The company will suffer losses equivalent to its fixed costs (e.g. depreciation costs, rent, etc.).
A company decides to shut down its production when the revenue it receives from selling its products doesn't even cover their variable costs. That means it is losing money by producing its goods.
Answer: Option B
Explanation: In simple words, functional departmentalization refers to the process in which an organisation makes different departments within, for performing different tasks.
For example - all the activities related to procurement of money will be performed by finance department.
The main advantage of doing so is that each department will perform only specific assigned activities and all the employees working in the departments will be those who are experts in the field.
Answer:
The correct answer is letter "A": Describe the benefits a product or service offers and make rational or emotional appeals.
Explanation:
The AIDA Model describes the process buyers go through at the moment of purchasing. It has four (4) steps: <em>Awareness, Interest, Desire, </em>and<em> Action</em>. In the Interest stage, companies attract consumers so they start looking for information about their products. <em>The benefits of the good are portrayed relating them to the target audience's emotional appeals. In some other cases, firms display their products as the most rational to choose from compared to competitors.</em>
