Answer:
c. (140,000)
Explanation:
Effect on net income of dropping the North Division:
Sales $(900,000)
Variable expenses <u>$450,000</u>
Contribution margin $(450,000)
Traceable fixed expenses <u>$260,000</u>
Effect on net income <u>($190,000)</u>
Since the North Division currently have Net operating income (loss) of ($50,000), so therefore, after dropping the North Division, the overall company net operating loss will be $140,000 ($50,000 - $190,000).
Answer:
50%
Explanation:
Statistics show that, as at 2018, over 55% of world's population lived in the city.
It is also projected that, in the year 2030, about 60% of world's population will live in urban settlements (cities)
With these realities, approximately, 50% of world's population live in the city
Answer:
derived demand
Explanation:
Company X sells their products exclusively to companies in the Y market. In estimating demand from their business customers, Company X must understand that this demand is actually <u>derived demand</u>, which means that the demand for industrial products and services is driven by demand for consumer products and services.
Answer:
Profit margin = $3 per unit
Explanation:
<em>The profit margin earned is the difference between selling price and the manufacturing cost</em>
Manufacturing cost per unit = variable cost + fixed overhead cost per unit
overhead absorption rate = estimated overhead/estimated machine hours
=$220,000/20,000 machine hours
= $11 per hour
Manufacturing cost per unit = 2 + (11 × 2) = $24 per unit
Profit margin = 27 - 24
= $3 per unit
Explanation:
A behavioral interview would have been more suitable than an interview even though the applicants use a benchmark from previous experiences. A situational interview is more about the possible actions of the individual in a situation. This might predict what the claimant is going to do in the future in a current situation.
The interviewing line will be focused on the applicant's experience of an past event involving the applicant. As the conversation begins, the line of question will naturally change. Studies have found that execute interviews better determine work performance. This is a useful tool to assess which candidate is best suited for the job.
