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LUCKY_DIMON [66]
3 years ago
5

Smoltz Motors has plants around the country that specialize in specific models of cars. Smoltz has determined that lower demand

has led the firm’s inventory of SUVs to be too high. Smoltz wants to stop production for its SUVs and focus on its sedans.
This example describes a real option to ______ .
Business
1 answer:
Grace [21]3 years ago
8 0

Answer:

The correct answer is:  abandonment option.

Explanation:

An abandonment option comes into place when a company withdraws from an obligation because it is not being profitable anymore. It is a clause that allows one party in a given contract to stop being part of it before the term initially established is fulfilled.

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Humes Corporation makes a range of products. The company's predetermined overhead rate is $20 per direct labor-hour, which was c
hichkok12 [17]

Answer:

$7,400

Explanation:

The impact on the company's overall profit is shown below:-

<u>Particulars                Amount </u>

Sales                          $50,320  (740 × $68)

Less : Variable cost

Direct material          $30,340  (740 × $41)

Direct Labor               $10,360  (740 × $14)

Variable Manufacturing

overhead

($51,000 ÷ 17,000)        $2,220 (740 × $3)

= 3

company's overall profit $7,400

To reach the company's overall profit we simply deduct the Direct material, direct labor and variable manufacturing overhead from sales.

3 0
3 years ago
Some proponents of labor law reform believe that
worty [1.4K]

Answer:

Some proponents of labor law reform believe that: D. All of the above.

Explanation:

6 0
3 years ago
Halima wants a Manufacturing career. She wants to be very successful and get paid well. Which career pays the
nordsb [41]

Answer:

D

Explanation:

4 0
3 years ago
Read 2 more answers
When responding to questions face-to-face, how should you organize your response?
iragen [17]

Answer:

A. Using the same format you would use if you were responding in writing

Explanation:

here the answer should be A that is

A. Using the same format you would use if you were responding in writing.

What this means is that,  the response should be neutral and catered in a way that we would if we're writing the answer in order to allow a better, more neutral understanding of the process, unless otherwise stated.

7 0
3 years ago
A. True
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What is the original statement?

5 0
3 years ago
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