Answer
The contribution margin ratio multiplied by the selling price per unit equals the contribution margin per unit.
Explanation:
What happens to the contribution margin ratio of a company that produces only a single product is that the contribution margin ratio multiplied by the selling price per unit equals the contribution margin per unit
5% of 2265$ is 113,25$
Because 5% is 5/100 so 5 x 2265$ = 11325$
11325$ : 100 = 113,25$
Second year cost is the first year’s plus 5% so
2265$ + 113,25$ = 2378,25$ (second year cost)
Answer:
The cost of units transferred out during the month was:$ 99980
Explanation:
Mundes Corporation
Current Costs Added
Units Transferred Costs $ 90480
Materials =8700 * $ 4.7= $ 40890
Conversion= 8700* $5.70= $ 49590
Costs from Preceding Department (WIP beginning Inventory)= $ 9500
Total Costs= Costs Added + Costs from Preceding Department
= $ 90480+ $ 9500= $ 99980
The Costs of units transferred out is $ 99980
The current costs are added to the preceding costs to get the total costs of the units transferred out.
Answer:
the relationship between management and labor from one of conflict to one of cooperation.
Explanation:
The goal of Frederick Taylor and scientific management is to increase labor efficiency. He proposed specialization and training in order to have more efficient workers that can produce more per hour. At the same time, Taylor advocated for higher pay if efficiency and productivity increased. For example, if a worker produces 100 units, he/she should be paid twice than a worker that produces only 50 units.