When prices are high, people stress more.
Answer:
The cost of goods manufactured is $860,000
Explanation:
The cost of goods manufactured = The cost of the beginning work in process inventory + direct materials cost + direct labor cost + overhead cost - the ending work in process inventory.
The company has the cost of the beginning work in process inventory is $50,000, direct materials cost is $340,000, direct labor cost is $206,000, an overhead cost is $309,000, and the ending work in process inventory is $45,000
The cost of goods manufactured = $50,000 + $340,000 + $206,000 + $309,000 - $45,000 = $860,000
That The Swanson Group is located in five different countries with different departments in each country to facilitate efficient and flexible production of their merchandise implies that The Swanson Group is a <u>multinational organization</u>.
<h3>What is a multinational organization?</h3>
A multinational organization usually operates in more than one country.
Any organization that controls production activities from <u>more than one country</u> is not a national organization.
Thus, The Swanson Group is an example of a <u>multinational organization</u>.
Learn more about multinational organizations at brainly.com/question/913870
The answer is Investment Model
According to investment model, our commitment to a relationship is depended on :
- The reward and cost that we will get from the relationship
- The alternative of what could we get from another relationship
- How much we already invested on the relationship
Answer:
1.
Break even in units = 12100 units
Break even in dollar sales = $484000
2.
Total contribution margin at break even point is $145200.
Explanation:
1.
Break even point is a point, calculated in either units or in dollar value, which provides a point where there is no profit or no loss and the total sales revenue is equal to the total cost.
Break even in units and in dollars can be calculated as follows,
- Break even in units = Fixed costs / Contribution margin per unit
- Break even in dollars = Fixed costs / Contribution margin ratio
- Where contribution margin = Selling price per unit - variable cost per unit
- Contribution margin ratio = Contribution margin per unit / selling price per unit
Break even in units = 145200 / 12 = 12100 units per month
Break even in dollars = 145200 / (12/40) = $484000
2.
Total contribution margin at break even point is $145200 because total contribution margin is the difference between the total sales revenue and total variable cost and at the break even point, the total contribution margin is enough to cover total fixed cost. So, it is equal to the total fixed cost.
