When you state a business rule that pertains to your organization, such as "at my university, a student may declare only one single major," you are actually defining the maximum cardinality of the relationship between students and majors. <span>Maximum cardinality is the maximum number of instances of an entity that can be associated with each instance of another entity.</span>
Answer:
$10,000 increase in the net operating income
Explanation:
The computation of the overall impact is shown below:
= Change in contribution margin units - increase in the monthly advertising budget
= $17,100 - $7,100
= $10,000
The change in contribution margin units is computed below:
= New sales units × Contribution margin per unit
= 190 units × $90
= $17,100
And, the increase in the monthly advertising budget is a fixed expenses or fixed cost
Sales - variable cost = Contribution
Contribution margin - fixed expenses = Net operating income
The Labor cost = Units Produced * Direct Labor hours per Unit * Direct Labor rate per Hour is <u>$ 1,200,000.</u>
= 15,000 * 4 * $20
= $ 1,200,000
Answer: $ 1,200,000
Production is the process of combining various tangible and intangible inputs (plans, knowledge) to produce things for consumption (outputs). It is the act of creating output, goods, or services that are of value and contribute to an individual's benefit.
An example of production is the manufacture of automobiles. A car is made up of parts. For example, rubber tires are added to a metal body to create a seat before the car leaves the assembly line. “Production is the organized activity of transforming resources into final products in the form of goods and services. The goal of production is to meet the demand for such transformed resources.
Learn more about production here:
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