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jek_recluse [69]
3 years ago
9

What is the most important responsibility of project manager

Business
1 answer:
Delicious77 [7]3 years ago
8 0
Leading,Controlling/Measuring Evaluating and Correcting. ,Planning,and Organizing
You might be interested in
Hayduke Corporation reported the following results from the sale of 5,000 units in May: sales $300,000, variable costs $180,000,
bazaltina [42]

Answer:

4,444.44 units

Explanation:

For the computation of Number of units to be sold to earn target profit first we need to follow some steps which are shown below:-

Selling price per unit = Sales ÷ Number of units sold

= $300,000 ÷ 5,000

= $60

Variable cost per unit = Total variable cost ÷ Number of units sold

= $180,000 ÷ 5,000

= $36

Increase in selling price = $60 × 5%

= $3

New selling price per unit = $60 + $3

= $63

New contribution margin per unit = New selling price per unit - Variable cost per unit

= $63 - $36

= $27

Number of units to be sold to earn target profit = (Fixed cost + Target profit) ÷ Contribution margin per unit

= ($90,000 + $30,000) ÷ $27

= $120,000 ÷ $27

= 4,444.44 units

7 0
3 years ago
Can I Plss get some help on this
AlladinOne [14]

The law of supply illustrates all the quantities of goods that producers are willing and able to sell at every possible price.

<h3>What is the law of supply?</h3>

The law of supply states that when prices increase, the quantity supplied increases and when price falls, the quantity supplied falls. This shows that price and quantity supplied are positively related. This explains why the supply curve is positively sloped.

To learn more about the law of supply, please check: brainly.com/question/26374465

#SPJ1

7 0
1 year ago
Identify the statement that is incorrect. Multiple Choice Higher financial leverage involves higher risk. Risk is higher if a co
Irina-Kira [14]

Answer:

Risk is higher if a company has more assets.

Explanation:

All of the following statements are true and correct;

1. Higher financial leverage involves higher risk.

2. Risk is higher if a company has more liabilities.

3. The debt ratio is one measure of financial risk.

4. Lower financial leverage involves lower risk.

However, it is false and an absolutely incorrect to say risk is higher if a company has more assets.

A company having more assets would have a debt ratio less than one (1) because it has many assets to fund it's business. Thus, the company would have little or no debts and as such, it's risk portfolio is very low.

Hence, risk is lower if a company has more assets.  

8 0
3 years ago
Mike, a research analyst, is in the analysis phase of a project, the goal of which is the development of smile shutter technolog
tangare [24]

Answer: c. Requirements analysis

Explanation:

Requirements analysis deals with tasks that determine conditions to meet during a new project taking into consideration requirements that would be conflicting. This analysis is vital to the success or failure of the system. Mike carries out a requirement analysis by checking all the items that would determine the success of the project which if neglected would read to project failure.

4 0
3 years ago
OJ's Orange Juice produces orange juice to sell in a competitive market.Given uncertainty in weather patterns, OJ has to determi
sweet-ann [11.9K]

Answer:

c- 1.15 units.

Explanation:

This can be calculated as follows:

Expected price at 10 percent = $5 * 10% = $0.5

Expected price at 90 percent = $2 * 90% = $1.80

Total expected price (EP) = $0.5 + $1.80 = $2.3

Since profit is maximized when EP = MC, we have:

2.3 = 2Q

Q = 2.3 / 2 = 1.15

Therefore, OJ should produce 1.15 units to maximize expected profit. The correction is therefore c- 1.15 units.

7 0
3 years ago
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