Answer:
Reducing the costs of production.
Explanation:
New product development is a procedure that requires a huge first time cost of production. The product might need new technology and new means to produce.
For example, even just to come up with a new flavor for an already existing brand of chips, new raw materials, storage space, more labor, new tools and equipment, increased marketing cost is required. This poses an increase in cost and certainly not a decrease in the cost of production.
Answer:
Leto Company
The unit contribution margin per production constraint hour is:
= $0.00637.
Explanation:
a) Data and Calculations:
Unit selling price = $96.80
Unit variable cost = (23.50)
Unit contribution margin = $73.30
Hardening treatment hours per unit = 5 hours
Units of alloy produced = 2,300
Total hours spent on hardening treatment = 11,500 (5 * 2,300)
Contribution margin per production constraint hour = Unit contribution margin/Total hours spent on hardening treatment
= $0.00637 ($73.30/11,500)
b) The unit contribution margin per production constraint hour shows the contribution margin that is made per unit of the production constraint. The production constraint is the limited input resources that are available for production. It is a product of the units of the alloy that Leto produces and the number of hours required to produce one unit.
Answer:
Ensemble Co.
UNADJUSTED TRIAL BALANCE
ACCOUNT TITLE DEBIT CREDIT
1 Cash 42,900
2 Accounts Receivable 123,500
3 Prepaid insurance 27,000
4 Equipment 300,000
5 Accounts Payable 52,000
6 Salaries Payable 4,800
7 Common Stock 40,000
8 Retained Earnings 137,200
9 Dividends 5,000
10 Service Revenue 1,216,000
11 Salary Expense 660,000
12 Advertising Expense 275,000
13 Miscellaneous Expense 16,600
14 Totals 1,466,600 1,466,600
Explanation:
A Trial Balance is used to check for mathematical accuracy. It is a list of Debits and Credit prepared from Ledger Account.
Answer:
Lower costs
Explanation:
Scientific management produces huge cost savings in large organized work settings . Combining the two management practices of achieving the right worker–task specialization and linking people and tasks by the speed of the production line produces huge cost savings in large organized work settings.
However ,the use of scientific management practices encourage workers to hide the true potential efficiency of the work setting to protect their own well-being. The management of work settings frequently becomes a game between workers and managers . Managers tries to initiate work practices to increase performance, and workers tried to hide the true potential efficiency of the work setting to protect their own well-being.
Answer:
16%
Explanation:
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