Answer:
Total cost= $950
Explanation:
Giving the following information:
Direct labor= $12 per hour
Manufacturing overhead= $18 for each employee hour worked.
Job M-47:
used $350 of materials and took 20 hours of labor to complete
<u>We need to calculate the total cost of Job M-47:</u>
Total cost= direct material + direct labor + allocated overhead
Total cost= 350 + 12*20 + 18*20
Total cost= $950
Answer: Acquisitional Shopping
Explanation:
Acquisitional Shopping: At the point when a consumer base their purchasing exercises on a particular expectation or reason, the person is encountering Acquisitonal shopping. But in this kind of shopping action mostly emphasize utilitarian value of the item. Sometimes this sort of shopping cannot be entirely enjoyable in light of the fact that the purchaser may think it is more as a task, for example purchasing printer ink, topping off the gas, grab some groceries.
Answer:
C. process innovation
Explanation:
Based on the information provided within the question it can be said that the approach being used in this scenario is known as process innovation. This refers to implementing significant changes to the current techniques, equipment and/or software of an organization in order to significantly improve the overall processes/costs/products of the organization. Which is what Dr. Shetty has done by implementing thousands of small changes in order to drastically lower the costs.
Answer:
Relevant costs are costs that will be affected by a managerial decision. Irrelevant costs are those that will not change in the future when you make one decision versus another.
Explanation:Examples of irrelevant costs are sunk costs, committed costs, or overheads as these cannot be avoided.
Answer: True
Explanation:
Collaborative selling has to do with the collaboration and interaction between the customers and the salespersons.
A collaborative selling environment makes the sales pitch more challenging for salespeople. Working together in this case requires patience and problem solving skilss and this ultimately leads to more success, enhance customers satisfaction and also leads to achievement of organizational goals.
