Which statement is true about popular culture and stereotypes?

According to the Coase theorem, private parties can negotiate to an efficient solution in the presence of externalities if the _

gulaghasi [49]

Answer:

transaction costs is your answer

Explanation:

3 0

2 years ago

South Coast Appliance Store is a small company that has hired you to perform some management advisory services. The following in

love history [14]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Sales (6,000nits*$1,000) $6,000,000

Cost of goods sold 870,000 (145 a unit)

Store manager's salary per year 192,000

Operating costs per year 305,000

Advertising and promotion per year 40,000

Commissions (4.1% of sales) 246,000

We will separate in variable and fixed costs:

Fixed costs:

Store manager's salary per year 192,000

Operating costs per year 305,000

Advertising and promotion per year 40,000

Variable costs:

COGS= 145*8,900= 1,290,500

Commission= 0.041*(8,900*1,000)= 364,900

Total costs= fixed costs + variable costs

Total costs= $2.192,400

4 0

3 years ago

What does professionalism mean to you.

AlexFokin [52]

Explanation:

Professionalism means a master in a quality or field. It means great knowledge all round in a specific field

7 0

3 years ago

Read 2 more answers

Portionpac co-founder, marvin klein, says ethics and integrity are "common sense." klein's moral values and attitudes, which sti

andriy [413]

The correct answer to this open question is the following.

Although the question does not provide any options, we can say that the set of factors in the ethical decision-making process are individual, collective, and social.

Ethics and integrity should be "common sense." Moral values and attitudes are so important as key behaviors by the members of the organization. If employees are not guided by these concepts, the risk is that they could deviate from the guidelines and performance expected by the management.

The leader of the company and top management are the ones who have to set the example in order for the workers to follow those steps. The leader has to set an example of the conduct expected in the organization.

6 0

3 years ago

The Stan Company manufactures a product that is expected to incur $ 60 per unit in variable production costs and sell for $ 150

stealth61 [152]

Answer:

Contribution margin at expected price is $16,500

Contribution margin ratio at expected price is 55%

Contribution margin at actual price is $8,750

Contribution margin ratio at actual price is 35%

Explanation:

Given:

Sales = 200 units

Expected selling price = $150

Total expected sales = 200×150 = $30,000

Variable cost:

Expected Production cost = 60×200 = $12,000

Sales commission = 0.05×30,000 = $1,500

Total variable cost = 12,000 + 1500

= $13,500

Expected contribution margin = Sales - variable cost

= 30,000 - 13,500

= $16,500

Expected contribution margin = $\frac{Contribution\ margin}{Sales} \times 100$

= $\frac{16,500}{30,000} \times100$

= 55%

Calculation of contribution margin at actual price:

Given:

Sales = 200 units

Expected selling price = $125

Total expected sales = 200×125 = $25,000

Variable cost:

Expected Production cost = 75×200 = $15,000

Sales commission = 0.05×25,000 = $1,250

Total variable cost = 15,000 + 1250

= $16,250

Expected contribution margin = Sales - variable cost

= 25,000 - 16,250

= $8,750

Expected contribution margin = $\frac{Contribution\ margin}{Sales} \times 100$

= $\frac{8,750}{25,000} \times100$

= 35%

There is is significant variation between contribution margin and contribution margin ratio in the above cases. Management should essentially analyze the reasons for variation in the expected and actual variable production costs. In case the company is not able to increase its contribution margin, it should think about discontinuing the product. Management should also evaluate its product profitability prediction methods as they were not effective in predicting costs causing such massive variations.

3 0

2 years ago