Answer:
A. Stay the same
Explanation:
We need to compare the rate of price change and the rate of inflation.
Rate of price change = <u> $12 - $10</u> x 100
$10
=2/10 x 100
=0.2 x 100
=20%
inflation rate= <u>CPI year 2- CPI year</u> 1 x 100 %
CPI year 1
=180 -150 x 100
150
=30/150 x 100
=0.2 x 100
=20%
The price change are the inflation rate are the same.The real wages will stay the same
Answer:
Materials cost per unit: $3.80
Conversion cost per unit: $4.54
Compute total manufacturing costs: $92,480
Explanation:
Unit Costs = Total Cost ÷ Total Equivalent Units
<u>1. Materials </u>
Unit Cost = $38,000 ÷ 10,000
= $3.80
<u>2. Conversion Costs</u>
Unit Cost = $54,480 ÷ 12,000
= $4.54
<u>Total Manufacturing Costs :</u>
Materials $38,000
Conversion Costs $54,480
Total $92,480
Answer:
The sales unit to achieve a target profit of $6,250 is 545 units
The sales units to achieve to achieve a target profit of $9,400 is 590 units
Explanation:
The quantity at target profit=fixed cost+target profit/contribution per unit
fixed expense=$31,900
target profit $6,250
contribution per unit=$140-$70
=$70
unit sales at a target profit of $6,250=($31,900+$6,250)/$70
=545 sales units
fixed expenses $31900
target profit of $9400
contribution per unit is $70
unit sales at a target profit of $9,400=($31900+$9400)/$70
=590 sales unit
OPTIONS:
A. Individualism
B. Imperialism
C. Ethnocentricism
D. Collectivism
Answer:
C. Ethnocentricism
Explanation:
Ethnocentrism is a term that is used to describe the belief people hold about their culture or group and how they view other’s culture, in such a way that they consider theirs superior to others, and judge others way of life or culture as inferior.
The trait displayed by Craig is that of ethnocentrism, as he considers the people of China less competent and less skilled than the people of his country. Such trait would be detrimental to the success of his company establishing a chain in China, hence, Betty decided not transfer him to join the team going to China to establish a chain there.
