Answer and Explanation:
The computation of composite score for each location is shown below:-
Composite score for A is
= 0.15 × 89 + .20 × 75 + 0.18 × 92 + 0.27 × 92 + 0.10 × 93 + 0.10 × 90
= 88.05
Composite score for B is
= 0.15 × 78 + .20 × 93 + 0.18 × 90 + 0.27 × 93 + 0.10 × 97 + 0.10 × 96
= 90.91
Composite score for C is
= 0.15 × 84 + .20 × 98 + 0.18 × 87 + 0.27 × 82 + 0.10 × 84 + 0.10 × 95
= 87.90
Therefore for computing the composite score for each location we simply multiply weight with A location and in the same manner of A, B and C
b. The maximum composite score from A, B and C is B
Answer:
D)the research and development costs to produce the current winter footwear samples.
Explanation:
Research and development costs associated with the current winter footwear samples will not impact the performance of the proposed new line.
When analyzing the viability of the new product line up, the company should only consider the projected expenses and revenues arising from the project. A project is viable if its benefits outweigh its shortcomings. One way of establishing viability is by doing a cost-benefit analysis.
For the Shoe Box company, the new project line may have some effects on the sales of current products. The new projects will demand new counters. The company must also consider expected revenues and taxes. All these have elements of cost and benefits directly associated with the proposed product line.
Answer:
$ 5.34
Explanation:
Calculation for cost per equivalent unit for conversion costs for September
First step is to find the Equivalent units of production
To complete beginning work-in-process:
Conversion 12,000
[15,000 units × (100%-20% )]
Units started and completed 65,000
(89,000-24,000)
Ending work-in-process
Conversion 21,600
(24,000 units × 90%)
Equivalent units of production 98,600
Second step is to calculate the Cost per equivalent unit using this formula
Cost per equivalent unit =Cost added during the period ÷Equivalent units of production
Let plug in the formula
Cost per equivalent unit = $526,524÷98,600
Cost per equivalent unit = $5.34
Therefore The cost per equivalent unit for conversion costs for September is closest to $ 5.34
Answer:
Yes the statement is correct.
Explanation:
The statement is given by Matt Cheuvrant. In business the statement is absolutely correct that you can not satisfy the need of all the customers. A business cannot offer a product at less than its cost if a customer cannot afford it. Also an organization cannot start manufacturing a product because one customer demands it. If the company decides to satisfy all his customers by offering a large variety of products it may result in establishing in-house competition resulting in declining profits from both the products. If the company tries to give everything to every one this enhances its risk of failure resulting nothing in its own hands.
Businesses should focus on a single product and try to create a niche market. The product should be unique and its features should be extensively different from the other competitive products available in the market. This creates heavy switching cost to customers which ensures the business that customers will retain loyal to it. You can everything for few customers. They will not want to leave you because of your product specific features that are not available in the market.
Answer:
Total Sales
Explanation:
Vertical analysis is a financial statement analysis in which all the line items of any financial statements (income statement or balance sheet) are enlisted as a percentage of one main item. For income statement, the main item is total sales as the item starts with the total sales while for balance sheet, the main item is total assets as the summation of current and non-current assets conclude the total asset. Therefore, we need to give 100% for total sales if we analyse the ratio vertically.
