Answer: Total quality management.
Explanation:
Total quality management is a management style in which, there is a continuous effort to increase effectiveness of product/services delivered by a company, this is achieved by constantly training workers to effectively carry out their duties and constant communication with consumers of products to know areas that needs improvement in product/service delivery.
Answer:
does it need an attachment to it in order to answer it ?
Explanation:
Answer:
31.6%
Explanation:
Contribution margin ratio after the increase in selling price is:
CM = (Unit selling price - Unit variable cost) / Unit selling price
= (190 - 130) / 190 = 31.6%
Answer:
Option (a) is correct.
Explanation:
EBIT:
= Revenues - Fixed operating costs - (variable cost ratio × revenues)
= $32.2 - $20.8 - (0.30 × 32.2)
= 1.74 million
KH's degree of total leverage:
= (EBIT + Fixed cost) ÷ (EBIT - Interest)
= (1.74 + 20.8) ÷ [(1.74 - (9% × 10)]
= 26.83
Therefore, the KH's degree of total leverage is 26.83.
Answer: $43.75
Explanation:
Given the following :
Markup on total cost = 28%
Projected selling price (price of similar products) = $56
Target cost = projected selling price - desired profit
Desired profit = 28% of target cost
Assume target cost = a
a = 56 - 28%a
a = 56 - 0.28a
a + 0.28a = 56
1.28a = 56
a = 56 / 1.28
a = 43.75
Therefore, target cost 'a' equals $43.75