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Sladkaya [172]
3 years ago
7

The following requirements are interdependent. For example, the $252,000 desired profit introduced in Requirement c also applies

to subsequent requirements. Likewise, the $80 sales price introduced in Requirement d applies to the subsequent requirements.
Determine the contribution margin per unit.
Business
1 answer:
koban [17]3 years ago
3 0

Answer:

contribution margin per unit is $63

Explanation:

Data was missing in the question, the original question has following Information

Rosenthal Company makes and sells products with variable costs of $24 each. Rosenthal incurs annual fixed costs of $315,000. The current sales price is $87.

Sales price = $87 / unit

Variable Cost = $24 / unit

Contribution Margin = Sales Price - Variable Cost

Contribution Margin = $87 - $24

Contribution Margin = $63 / unit

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Your company has a cost differentiation strategy regarding its products. There are several new entrants into your saturated mark
Archy [21]

Answer:

I recommend to change to an hybrid strategy

Explanation:

If you have almost nonexistent profits you have to change the strategy.  

Nowadays customers expect to get everything at once: differentiated, high-quality products combined with excellent service at a low price. Customer expectations require companies to adopt a multidimensional strategic approach. Hybrid strategy integrate cost and differentiation advantages, so this could be a way  to respond to these changes. Modern production technologies and organizational structures helps to achieve both high quality and productivity at the same time.

Some of the benefits of this strategy are,

  • Can increase market share because of the differentiation
  • Product innovation  
  • Increase of profits ( you can offer your product at a higher price)

7 0
3 years ago
Working with teammates who have different personality types is a requirement of productive team discussion. Which of the followi
Karolina [17]

Answer:

The correct answer is c. Conciseness

Explanation:

A concise person will very rarely discuss topics in depth to propose healthier solutions for everyone, therefore it is considered that he is not an important or required personality type in this type of discussions. Extroversion and acceptability are usually the most common and appropriate to this, so they develop a higher level of discussion and therefore a solution to the problems that are presented.

8 0
3 years ago
c. Unions in developed nations often oppose imports from low-wage countries and advocate trade barriers to protect jobs from wha
liubo4ka [24]

Answer:

The correct answer is II. This argument is in the best interests of the people they represent.

Explanation:

Trade unions in developed countries tend to support trade restrictions, because products made in countries with lower wages are generally cheaper than those made in those developed countries. For example, a pan loaf that costs about 3 dollars in the United States, can cost about 0.75 dollars in Mexico. Therefore, import value, including tariffs, is less than that of national production. This means that, if barriers to trade are not established, many workers lose their jobs due to the fact that national production is terminated due to the possibility of importing said products.

8 0
3 years ago
GreenLawn Co. provides landscaping services to clients. On May 1, a customer paid GreenLawn $60,000 for 6-months services in adv
Dvinal [7]

Answer:

Credit to Unearned Revenue for $60,000.

Explanation:

Journal Entry of $60,000 for 6-months services in advance ia as follow:

                                        Dr.                     Cr.

Cash                           $60,000

Unearned Revenue                             $60,000

Services are not performed by GreenLawn Co. so the amount received will be considered as a liability and It will be named as unearned revenue. Cash received will be debited to the cash account. After the performance of service  of each month the revenue will be recognized and transferred from unearned revenue account to service revenue account.

8 0
4 years ago
Lakeland Chemical manufactures a product called Zing. Direct materials are added at the beginning of the process, and conversion
Evgesh-ka [11]

Answer:

$5,000

Explanation:

<em>Note that Lakeland Chemical manufactures uses weighted-average method of process costing</em>

Equivalent units

Materials  = 9,000

Conversion Costs = 7,500

Total Costs

Materials = $20,500

Conversion Costs = $15,000

Cost per equivalent units

Materials =

Conversion Costs =

Total Cost in remaining in work in process

Total Cost

The total costs remaining in work in process on May 31 are $5,000.

8 0
3 years ago
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