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Diano4ka-milaya [45]
3 years ago
10

Laws have curtailed smoking, and as a result, the sale of cigarettes is down. Rather than fighting the law, the cigarette indust

ry is looking for ways to take their business beyond cigarettes. Many experts believe that the cigarette producers have found a way around the law with the promotion and distribution of smokeless tobacco, which has shown consistent sales gains over the last decade. In terms of the social responsibility pyramid, at which level is the cigarette industry operating
Business
1 answer:
4vir4ik [10]3 years ago
6 0

Answer:

From the top of the pyramid, the Cigarette Industry is operating at the penultimate level which speaks to Legal Responsibility.

In descending order, there are four levels on the social responsibility pyramid. Namely:

  1. Philanthropic Responsibility Phase: At this stage, the companies seek to contribute to improving the quality of life within and outside the communities they operate. Location sometimes may depend on policy and strategy.
  2. Ethical Responsibility Phase: At this phase of the pyramid, the companies are concerned about preventing damage to their brand. Therefore, they play to do what's right, just and fair.
  3. Legal Responsibility Phase: Companies working on this level will be comfortable playing by the rules. Their responsibilities are guided strictly by what is right and or wrong as far as the Laws of their e where they are located are concerned.
  4. Economic Responsibility Phase: The focus of the business at this stage is to fulfil its economic responsibilities. Any business' primary responsibility is to be and stay profitable.

Cheers!

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Sterling Hotel uses activity-based costing to determine the cost of servicing customers. There are three activity pools: guest c
Mademuasel [1]

Answer:

Allocated costs= $116.7

Explanation:

Giving the following formula:

The activity rates associated with each activity pool are $8.70 per guest check-in, $18.00 per room cleaning, and $3.00 per served meal (not including food).

Julie Campbell visited the hotel for a 5-night stay. Julie had 6 meals in the hotel during the visit.

<u>To allocated costs, we need to use the following formula:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated costs= 8.7 + 18*5 + 3*6

Allocated costs= $116.7

5 0
3 years ago
. A building owner charges net rent of $20 in the first year, $21 in the second year, and $22 in the third year, but is providin
Anit [1.1K]

Answer: $17.28

Explanation:

6 month free concession in first year drops rent to:

= 20 / 2

= $10

Effective rent = [Present value of Year 1 rent + Present value of Year 2 rent + Present value of Year 3 rent ] / [ 1 - (1 / (1 + rate)^ number of years) / rate]

= [(10 / (1 + 10%) ) + (21 / (1 + 10%)²) + (22 / (1 + 10%)³)] * [1 - (1 / (1 + 10%)³/ 10%)]

= (9.09 + 17.355 + 16.5289) / 2.48685

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Answer:

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6 0
3 years ago
Based on a predicted level of production and sales of 15,000 units, a company anticipates reporting operating income of $22,000
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Answer:

e.$8,000 of fixed costs and $108,000 of variable costs.

Explanation:

Fixed costs don't change with a change in production volume, therefore, fixed costs remain $8,000.

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C =\frac{\$90,000}{15,000}\\C=\$6/unit

Assuming a new production volume of 18,000 units, budgeted variable costs are:

V_c=\$6*18,000= \$108,000

The budgeted amounts are: e.$8,000 of fixed costs and $108,000 of variable costs.

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The case of perfectly elastic demand is illustrated by a demand curve that is
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Horizontal is the answer
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