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NISA [10]
3 years ago
7

A conceptualization the firm as an "activity system" is a means of depicting: A. The extent to which a management is motivated t

o implement a firm’s strategy B. The extent to which a firm’s strategic goals are aligned with its industry environment C. The extent to which a firm’s resources and capabilities are aligned with its strategic goals D. Consistency among a firm’s activities
Business
1 answer:
tia_tia [17]3 years ago
4 0

Answer:

D. Consistency among a firm’s activities.

Explanation:

Conceptualisation is the process by which an enterpreneur writes out concepts that will later make up the basis of the business model.

These concepts ensures uniformity in the activities of the business.

For example he can decide to break down business activities into 3 departments.

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Inacio Corporation uses the weighted-average method in its process costing system. Data concerning the first processing departme
e-lub [12.9K]

Answer:

Inacio Corporation

The cost per equivalent unit for materials for the month in the first processing department is closest to:

= $14.50

Explanation:

a) Data and Calculations:

                                                        Units    Materials    Conversion

Beginning work in process           2,300     $14,400      $6,500

Percentage of completion                              75%           20%

Units started during the month   11,000

Total units available                     13,300

Units transferred to the next       9,900      100%         100%

Ending work in process               3,400        90%          30%

Costs added during the month               $173,500    $243,500

Equivalent units of production:

                                                          Units    Materials        Conversion

Units transferred to the next       9,900      9,900 (100%)   9,900 (100%)

Ending work in process               3,400       3,060 (90%)     1,020 (30%)

Equivalent units of production                   12,960             10,920

Costs of production:                   Materials  Conversion

Beginning work in process           $14,400      $6,500

Costs added during the month    173,500    243,500

Total costs of production           $187,900  $250,000

Cost per equivalent unit:             Materials  Conversion

Total costs of production            $187,900  $250,000

Equivalent units of production       12,960        10,920

Cost per equivalent unit               $14.50       $22.89

7 0
3 years ago
A series of coordinated, related, multiple projects that continue over an extended time period and are intended to achieve a goa
Advocard [28]

Answer:

The correct answer is letter "B": Program.

Explanation:

A program collects the sets of ideas, projects, and plans companies come up with to pursue and accomplish their objectives. Programs tend to be reviewed periodically to verify if the progress of the goals is made according to what is expected or if there are delays to be adjusted.

8 0
3 years ago
Tanek Corp.'s sales slumped badly in 2017. For the first time in its history, it operated at a loss. The company's income statem
inn [45]

Answer:

(a) Compute the break-even point in dollars for 2017. (Round final answer to 0 decimal places.)

total variable costs per unit = $1,750,000 / 500,000 = $3.50

sales price per unit = $2,500,000 / 500,000 = $5

contribution margin per unit = $5 - $3.50 = $1.50

total fixed costs = $850,000

break even point in units = $850,000 / $1.50 = 566,667 units

break even point in $ = 566,667 units x $5 = $2,833,335

(b) Compute the contribution margin under each of the alternative courses of action.

alternative 1) $6 - $3.50 = $2.50

alternative 2) $5 - $3.75 = $1.25

(c) Compute the break-even point in dollars under each of the alternative courses of action. (Round selling price per unit to 2 decimal places and other calculations to 0 decimal places.)

alternative 1:

break even point in units = $850,000 / $2.50 = 340,000 units

break even point in $ = 340,000 units x $6 = $2,040,000

alternative 2:

break even point in units = $760,000 / $1.25 = 608,000 units

break even point in $ = 608,000 units x $5 = $3,040,000

Which course of action do you recommend?

If I had to choose between alternative 1 or 2, I would choose alternative 1.

6 0
3 years ago
Determine fixed​ cost, F; average variable​ cost, AVC; average​ cost, AC; marginal​ cost, MC; and average​ fixed-cost, AFC. The
Rom4ik [11]

Answer:

Fixed Cost Function = Average Cost - Average Variable cost

Explanation:

A fixed cost is the one which does not changes with the level of production. These cost are irrelevant to number of units production. It is not affected by the units produced and sold. The change in fixed cost does not affect the marginal cost. The marginal cost is the variable cost that is incurred by producing one more unit. These costs are affected by the level of production.

5 0
4 years ago
Alyeska Services Company, a division of a major oil company, provides various services to the operators of the North Slope oil f
Ainat [17]

Answer:

1. Margin = 8%

2. Turnover = $7,500,000

3. Return on Investment = 12%

Explanation:

Sales for the year = $7,500,000

Net Operating Income = $600,000

Average Operating Assets = $5,000,000

1. Therefore, Margin = ( Net operating Income/Total Sales ) \times 100 = 8%

2. Turnover = Sales for the period = $7,500,000

3. Return on Investment = Net Income/Average Operating assets

= $600,000/$5,000,000 = 12%

5 0
3 years ago
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