Answer:
<u>Sales Budget for January, February and March</u>
January February March
Budgeted Sales Units 200 300 400
Budgeted Selling Price $10 $10 $10
Budgeted Sales Revenue $2,000 $3,000 $4,000
<u>Production Budget for January, February and March.</u>
January February March
Budgeted Sales Units 200 300 400
Budgeted Production Units 200 300 400
Explanation:
Sales Budget
This is the first budget that a company prepares from which all other budgets are created.
Production Budget
Since there are no closing or opening inventory targets, Budgeted Sales units equal budgeted production units.
When prioritizing the backlog, taking an economic view mean Realizing the goal of Lean
A lean system represents a company or business unit that comprehensively applies lean principles to the methods of planning, prioritizing, managing, and measuring work. The goal of all lean systems is to maximize customer profits. Lean thinking can significantly improve the productivity and functionality of a team or department, but lean implementation across the organization has the greatest impact on customers.
The lean system uses a lean approach to identify and eliminate waste. They systematically discover and take advantage of opportunities for improvement. These are two of Lean's basic concepts. Eliminate everything that doesn't add value to your customers, work systematically and continuously, and create more value for your customers.
Learn more about the Lean system here: brainly.com/question/683722
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Answer:
selling price= $25
Explanation:
Giving the following information:
Fixed costs= $78,000
Unitary variable cost= $11
Desited profit= $90,000
Break-even point in units= 12,000
<u>To calculate the selling price, we need to use the following formula:</u>
Break-even point in units= (fixed costs + desired profit) / contribution margin per unit
12,000= (78,000 + 90,000) / (selling price - 11)
12,000*selling price - 132,000 = 168,000
12,000selling price = 300,000
selling price= $25
Answer:
<u>Zero</u>
Explanation:
Marginal utility refers to the extra satisfaction derived, which is expressed in utils, when an additional unit of a commodity is consumed.
Total utility reaches it's maximum point when marginal utility is zero. As total utility begins to fall, the marginal utility becomes negative.
Alfred Marshall cited the law of diminishing marginal utility, which states, as more and more units of a commodity are consumed, the successive utility derived must fall.
In the given case, if utility is maximized, the marginal utility derived from the last bite eaten would be zero.
