Answer:
Extensive Problem Solving.
Explanation:
Robin is engaging in extensive problem solving by trying to get all the information she needs in order to make a choice on the best gift for her grandparent's 50th wedding anniversary.
Extensive problem solving: This can be defined as the process by which a buyer makes decision on the kind of product to purchase without having a prior knowledge or information about the product. It could be stressful and time consuming.
Extensive problem solving usually arise when buyers discovers there is a need that is new to them and the need requires a lots of effort to satisfy it. It involves getting information on the product to selecting the best brand. Robin is searching for a gift that will be accepted by both her grandmother and grandfather.
Answer:
$87,975
15.30
Explanation:
The computation of unit cost and total cost is shown below:-
Managers' salary ($22,000 + $6,450) $28,450
Rent $18,000
Depreciation on equipment $2,000
Other fixed cost (3,000 × 1.1) 3,300
Total Fixed cost $51,750
Total Cost = $36,225 + $51,750
= $87,975
Unit Cost = 87,975 ÷ 5,750
= 15.30
Labor costs that are clearly associated with employees who directly convert materials to finished product are called direct labor
<h3>What is direct labor?</h3>
Direct labour are labor that are used for production.
It includes casual workers in factory, processing and packaging.
Therefore, Labor costs that are clearly associated with employees who directly convert materials to finished product are called direct labor
Learn more on direct labor below
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Answer:
$30,200
Explanation:
Calculation for the Cash received from dividends
Cash received from dividends = $31,300 − ($4,000 − $2,900)
Cash received from dividends =$31,300-$1,100
Cash received from dividends = $30,200
Therefore the Cash received from dividends will be $30,209
Answer:
$1,875,000
Explanation:
Break even point in sales = Fixed cost / Contribution margin ratio
When Contribution margin ratio = 100% - Variable cost ratio
Contribution margin ratio = 100% - 60%
Contribution margin ratio = 40%
Break even point in sales = $750,000 / 40%
= $1,875,000