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3 years ago

Determine if the following statements better describe optimization in levels or optimization in differences.

Business

1 answer:

Leni [432]3 years ago

3 0

Answer:

A: Optimization in differences

B: Optimization in levels

C: Optimization in differences

D: Optimization in levels

Explanation:

Optimization in levels Vs. Optimization in differences

Optimization in levels is a method of selecting different alternatives on the basis of calculating net benefits( net benefits = benefits - costs) a person realizes from those alternatives.

Optimization in differences, on the other hand, is a method of selecting different alternatives on the basis of calculating change in levels of costs and change in levels of benefits to derive net change in benefits.

How to choose?

Optimization in levels: (net benefit) look at total benefit – total cost

Optimization in differences: look at the change in the net benefit of one option compared to another

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Ichabod Industries has a Latin American Division, a European Division, an Industrial Lubricants Division, and a Food Service Div

Delicious77 [7]

Answer:

c. hybrid combination

Explanation:

Based on the information provided within the question it can be said that Ichabod Industries probably uses the hybrid combination organizational structure. This term refers to a company that uses various organizational designs within the single organization. Which is what Ichabod Industries is doing by having various different divisions as part of it's industry.

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3 years ago

A potential customer for an $88,000 fire insurance policy possesses a home in an area that, according to experience, may sustain

Ksenya-84 [330]

Answer:

The answer is: In order for the company to break even on all the $88,000 policies in that area it must charge $528 per yearly policy.

Explanation:

In order to calculate what premium the insurance company should charge in order to break even, we must know how much money the company will have to pay during the year.

Fire insurance policy of $88,000

Possible losses Probability Money paid by company

total loss 0.001 $88,000

50% loss 0.01 $44,000

The company will have to pay $88 ($88,000 x 0.001) for a total loss and $440 ($44,000 x 0.01) for a 50% loss, we add them up and get $528.

In order for the company to break even on all the $88,000 policies in that area it must charge $528 per yearly policy.

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3 years ago

An analysis and aging of the accounts receivable of Yates Company at December 31 reveal these data:Accounts receivable $ 1,600,0

saveliy_v [14]

Answer:

d. $1,470,000

Explanation:

The computation of the cash realizable value of the accounts receivable is shown below:

= Ending balance of accounts receivable - credit balance of uncollectible amount

= $1,600,000 - $1,30,000

= $1,470,000

For finding out the cash realizable value, we deduct the credit balance of uncollectible amount from the ending balance of accounts receivable

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3 years ago

One benefit of a college education is being:

algol [13]

The answer is C - Being in college gives more opportunities to be employed due to your specialties.

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3 years ago

At the beginning of the month, the Painting Department of Skye Manufacturing had 20,000 units in inventory, 70% complete as to m

velikii [3]

Answer:

Cost per EUP Materials: $2,00

Cost per EUP Conversion: $4,50

Explanation:

Materials Conversion

Beginning WIP Cost $22,400 $6,250

Cost added in the period $229,600 $540,500

Total Cost of the Units $252,000 $546,750

Equivalent Units of Production (EUP): Completed Units + Ending WIP Units

EUP Materials = 120,000 + 15,000 x 40% = 126,000

EUP Conversion = 120,000 + 15,000 x 10% = 121,500

Cost per Equivalent Unit: Cost of Units / EUP

Cost per EUP Materials: $252,000 / 126,000 = $2,00

Cost per EUP Conversion: $546,750 / 121,500 = $4,50

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3 years ago