Answer:
Because fixed costs will not change, the overall effect on the company's monthly net operating income will be equal to the contribution margin of the product once the new component is added.
Explanation:
The contribution margin is equal to: Revenue - Variable Costs.
We already know that the variable cost will be increased by $50 once new component is added, and that monthly sales are expected to increase by 500 units after that.
Depending on the price of the product, the amount sold, and the variable costs, we get the contribution margin, and this contribution margin will be exactly the same as the overall effect on the net operating income.
Explanation:
While there are literally dozens of soft skills that comprise a great manager, communication, leadership, delegation and trustworthiness are some of the most important qualities.
Communication. ...
Leadership. ...
Listening. ...
Delegation. ...
Critical Thinking. ...
Trustworthiness. ...
Networking. ...
Employee Recognition.
Answer:
The importance of ethics in marketing research doesn’t just apply to the way participants are treated but market research methods as well. Companies today have more access to customer data than ever before and this amount of access can easily lead to deceptive practices.
Explanation:
That would be considered fraud. He would be lying to the IRS about his gambling thing going on in the back. He would most likely get some fines and charged for the money he earned from that side business.
Answer:
Cost per equivalent unit of materials=20 per unit
Cost per equivalent unit of conversion=50 per unit
Explanation:
The cost of direct materials in Mountain spring water company is $672,000
The conversion cost for that period in the bottling company is $365,000
The total equivalent unit for direct materials is 33,600 liters
The total equivalent unit for conversion is 7,300 liters
The cost per equivalent unit of materials can be calculated as follows
= Cost of direct materials/total equivalent unit for direct materials
= $672,000/33,600 liters
= 20 per unit
The cost per equivalent unit of conversion can be calculated as follows
= Conversion cost/total equivalent unit of conversion
= $365,000/7,300liters
= 50 per unit
Hence the cost per equivalent unit of materials is 20 per unit and the cost per equivalent unit of conversion is 50 per unit.
