Answer:
Explanation:
Last year Current year
Selling Price 10 10
Varaible Price 5 6
Contribution Margin 5 4
Break even is the point where total cost is equal to total revenue mean no profit and loss.
company earns the contribution margin after covering the variable cost, now only fix cost remains for break even.
Break Even using FIFO method : first In first out system
Fix Cost = 86000
contribution from opening units(6000*5) = 30000
Remaining Fix cost that should be Covered from
current year products = 56000
Units to be sold for break-even ( 56000/4) = 14000
so we have break even units 6000+14000 = 20000
Fix cost = -86000
Opening 6000*5 = 30000
Current 14000*4 = 56000
Profit = 0
Break Even using LIFO method : Last in first out
Fix Cost = 86000
Break even = Fix Cost / Contribution margin
Break even = 86000/4 =21500
current production is 24000 which is higher than break even units so we can cover the fix cost from current year production because company is using lifo method. we do not need opening units for the break even.
Answer: developing a written report to summarize the results of the period's marketing activities.
Explanation:
The last step in the marketing process often is developing a written report to summarize the results of the period's marketing activities.
Developing a written report to summarise the results of the marketing activities is necessary in order to evaluate the performance of the marketing activity and also learn from past mistakes which have previously affected the company.
These are vital in order to capture a good market share in the future and also achieve organizational goals.
Answer:
coaching Joe rather than helping him
Explanation:
Coaching is a process where a more experienced person teaches a learner achieve a goal by giving guidance and training.
Helping is when a person assists another to do a job that is their responsibility.
In this scenario Sharon Baricivic has provided Joe with guidance by offering advice, encouragement, and instructions. So he is coaching him.
However, she has been careful to let Joe do all of the actual work he is assigned, even if he struggles a bit.
So she is not helping Joe do his work, but rather letting him do it even if it means him struggling a bit.
Answer:
D) Shared power
Explanation:
Power sharing refers to a situation where a team leader will allow the team members to have decision power and influence within the group. It is a system that distributes power among all members of the team in order to encourage greater participation in the decision making processes.
In this case, Desi considers that sharing power with his staff will encourage them to participate more in the planning process. When an employee feels that his participation is valued, he/she will not be afraid or indifferent to do so.
