Answer:
At what rate should the cars be rented to produce the maximum income?
- $34 per day (170 cars rented)
What is the maximum income?
Explanation:
number of cars rented rental price total income
190 $30 $5,700
185 $31 $5,735
180 $32 $5,760
175 $33 $5,775
<u>170 $34 $5,780</u>
165 $35 $5,775
160 $36 $5,760
155 $37 $5,735
150 $38 $5,700
145 $39 $5,655
140 $40
135 $41
130 $42
Answer:
The total contribution margin for the month under variable costing is $103,360
Explanation:
<em>Variable Costing Considers only variable manufacturing costs in the calculation of product costs. Fixed Manufacturing Costs are regarded as period cost using this method.</em>
Sales ( $ 91 × 3,230 ) 293,930
Less Cost of Goods Sold
Opening Stock 0
<em>Add</em> <em>Cost of Goods Manufactured</em>
Direct materials ( $ 22 × 3,800) 83,600
Direct labor ( $ 32 × 3,800) 121,600
Variable manufacturing overhead ( $ 5 × 3,800) 19,000
Less Closing Stock ( $ 22+$ 32+ $ 5) × 570 ( 33,630) (190,570)
Contribution 103,360
Setting the pay according to the goals achieved
by a group may not be considered beneficial to everyone, thus decreasing motivation.
Pay-for-performance or according to individual performance may help motivate
the employee but increasing individuality in terms of performance may also decrease
group cohesiveness or group-related values. The speaker here shows depreciation by undervaluing another's work to overvalue or protect one's own.