Answer: $2.6 per unit.
Explanation:
Given that,
Tons of cement produced and sold = 225,000
Sales revenue = $1,035,000
Variable manufacturing expense = $421,000
Fixed manufacturing expense = $280,000
Variable selling and administrative expense = $29,000
Fixed selling and administrative expense = $220,000
Net operating income = $85,000
Sales price per unit:
= 
= 
= $4.6 per unit
Variable cost per unit:
= 
= 
= $2 per unit
Contribution margin = Sales price per unit - Variable cost per unit
= $4.6 - $2
= $2.6 per unit
Answer and Explanation:
The computation of the number of equivalent units for direct material and conversion cost is shown below:
For materials
= units started and completed × completion percentage + ending work in process inventory × completion percentage
= (24,400 - 1,160) × 100% + 1,280 units × 100%
= 23,240 units + 1,280 units
= 24,520 units
For conversion
= Opening work in process inventory × remaining percentage + units started and completed × completion percentage + ending work in process inventory × completion percentage
= 1,160 units × 70% + (24,400 - 1,160) × 100% + 1,280 units × 60%
= 812 units + 23,240 units + 768 units
= 24,820 units
Answer:
Option C People face tradeoffs
Explanation:
The reason is that the tradeoff is situation where the wise person value the matter on a set scale and then make a decision to choose the best for the thing that he is ready to sacrifice. In business, it is also called Opportunity cost. You have two options in the scenario, if you go to swimming you can't watch the movie and if you go to movie then you can't enjoy swimming.
Example
When my girlfriend calls me during job timings I have to choose to leave the work or carefully listen to her. If I don't consider the girlfriend call a tradeoff here, I will stay single. So tradeoff are very important.
Answer:
The pros and Cons of Mr. Leeson's frequent career and the Japanese employee with a lifetime corporate loyalty can be summarized as follows:
Explanation:
Frequent career moves also known as Job hopping was initially viewed as a negative behavior that doesn't portray loyalty while Lifetime employment in one establishment seemed commendable.
However, in recent times, studies has shown that the premise above is not true. There are pros and cons for each of them.
PROS
- Frequent career change promotes acquiring new skills, experiences and competences to handle complex tasks and lifetime corporate loyalty encourages specialization in one field.
- Frequent Career Change fosters swift career development and advancement while lifetime corporate loyalty promotes internal advancement opportunities and promotional offers
CONS
- Frequent career change does not portray a good image before employers and human resource experts, It can be viewed as poor work ethic while Lifetime corporate loyalty causes complacency and inhibits acquisition of career advancement skills.
Answer:
1: Handing out coupons at a store entrance
Explanation:
Personal selling is when a salesperson interacts with potential buyers face-to-face with the intent of selling to them. The salesperson engaged the customer aiming to convince them to buy a product. Personal selling is mostly applied to sales promotions.
The personal selling technique is sometimes called face-to-face selling. Its success largely depends on the salesperson's interpersonal skills.
