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3 years ago

What is culture?????????

Business

1 answer:

babymother [125]3 years ago

6 0

Culture is a set of behaviors, beliefs, and customs that are unique to a specific group of people.

People who hold these beliefs and customs are of also often referred to as a culture. The traditions and practices of a culture are passed from one generation to the next, and they provide people with a structure and set of values for living.

Understanding culture is important in a healthcare setting because culture is a central aspect of a patient's life. Many areas of life are influenced by culture: language, family and other social relationships, education, career choice, spiritual or religious beliefs, food preferences, health beliefs, and healthcare methods.

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Nicholas, Inc. has provided the following unit data for review: Simple ProductAdvanced Product Selling price$22.75$55.00 Variabl

Margarita [4]

The most profitable product for Nicholas, Inc. to manufacture based on unit data and contribution margin per unit of a scarce resource is <u>Advanced Product.</u>

<h3>What is a profitable product?</h3>

A profitable product is one whose sales revenue covers the costs of production, selling, and administrative support.

A profitable product can be determined by determining the contribution margin per unit and dividing this by the units of a scarce resource that it consumes. The result is the contribution margin per unit of the scarce resource.

Thus, the product that yields the higher contribution margin per unit of a scarce resource is preferable to the rest.

<h3>Data and Calculations:</h3>

Simple Product Advanced Product

Selling price $22.75 $55.00

Variable cost 10.00 34.50

Contribution margin per unit $12.75 $20.50

Pounds of scarce raw material per unit 35 35

Contribution margin per scare resource $0.364 $0.586

Thus, the most profitable product for Nicholas, Inc. to manufacture based on the given unit data and the contribution margin per unit of a scarce resource is the Advanced Product.

Learn more about contribution margin per unit of scarce resource at brainly.com/question/15550773

6 0

2 years ago

If a financial portfolio manager in the u.s. buys british company stocks in the london stock exchange, this would involve:

oksian1 [2.3K]

<span>In order for a financial portfolio manager to purchase stocks in a British-operated business, it would require various forms of licensing and permissions on behalf of the financial manager to be able to make oversea purchases. This would ultimately allow the individual to make such a transaction.</span>

4 0

4 years ago

Bar graph with title Total Effective Tax Rates in 2011. Yaxis is labeled Total Effective Tax Rate. xaxis is labeled Income Group

BabaBlast [244]

Answer:

Regressive

Explanation:

Bar graph with title Total Effective Tax Rates in 2011. Yaxis is labeled Total Effective Tax Rate. xaxis is labeled Income Group over Average Income. Data are Lowest 20 percent, 13,000 dollars, 17.4 percent, Second 20 percent, 26,100 dollars, 21.2 percent; Middle 20 percent, 42,000 dollars, 25.2 percent; Fourth 20 percent, 68,700 dollars, 28.3 percent, Next 10 percent, 105,000 dollars, 29.5 percent; Next 5 percent, 147,000 dollars, 30.3 percent, Next 4 percent, 254,000 dollars, 30.4 percent; Top 1 percent, 1,371,000 dollars, 29.0 percent.

Which best describes the tax rate for the Top 1%, as compared with the rates paid by the groups labeled Next 10%, Next 5%, and Next 4%

yaxis(%) Effective tax rate

17.4

21.2

25.2

28.3

29.5

30.3

30.4

x Axis (income Group over Average Income.)

13000

26,100

42000

68700

105000

147000

254000

1,371,000

from the data , we can say that the tax rate to be regressive

6 0

4 years ago

Black Diamond Company produces snow skis. Each ski requires 2 pounds of carbon fiber. The company’s management predicts that 6,4

Ann [662]

Answer:

1. Production budget for third quarter for skis - 162,500 skis

2. Direct materials budget for Carbon Fiber for quarter 3 - 323,000 pounds

Cost of carbon Fiber purchases - $ 4,199,000

3. Direct Labor budget for quarter 3 - $ 1,462,500

4. Factory overhead budget for quarter 3 - $ 2,446,000

Explanation:

Computation of Production budget for quarter 3 for skis

Closing inventory- skis end of quarter 3 4,900 skis

Add: Sales for quarter 3 - skis 164,000 skis

Less: Opening inventory - skis <u>( 6,400)</u> skis

Production for skis in units 162,500 skis

Computation of direct material budget for quarter 3

Closing inventory Carbon fiber 5,400 pounds

Add: Consumption of Carbon fiber in production

162,500 skis * 2 pounds 325,000 pounds

Less: Closing inventory Carbon fiber <u> ( 7,400) </u>pounds

Direct Materials carbon Fiber Budgeted Purchases 323,000 pounds

Cost of Carbon Fiber Purchases ($ 13*323,000 pounds) $ 4,199,000

Computation of direct labor budget for quarter 3

Production of skis for quarter 3 162,500 skis

Direct Labor hours per unit 0.5 hours

Cost per Direct Labor Hours $ 18 per hour

Total Direct Labor Budget (162,500 skis* 0.5 hours * $ 18 ) $ 1,462,500

Computation of Factory overhead budget for quarter 3

Production of skis for quarter 3 162,500 skis

Variable costs $ 8 per labor hours ( 81,250 hours * $ 8) $ 650,000

Fixed overhead per quarter <u>$ 1,796,000</u>

Total overhead for quarter 3 $ 2,446,000

5 0

3 years ago

Read 2 more answers

A tariff is a trade barrier that:

Brut [27]

Tariffs raise the price of imported goods relative to domestic goods (good produced at home).

6 0

3 years ago

Read 2 more answers