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tankabanditka [31]
3 years ago
7

Caleb is a manager at Computer-Care Company. He is expected to consider the effort of each decision alternative on all parties a

nd select the one that optimizes the satisfaction for the greatest number of people. This is an example of thea. utilitarian approach.b. individualism approach.c. moral-justice approach.d. justice approach.e. soft-line managerial approach.
Business
1 answer:
Aleks [24]3 years ago
3 0

Answer:

The correct answer is a. utilitarian approach.

Explanation:

Utilitarianism is a theory founded at the end of the 18th century by Jeremy Bentham, which states that the best action is the one that produces the greatest utility for the greatest number of individuals involved, maximizes utility. Another philosopher who developed this concept was John Stuart Mill in his book "Utilitarianism" in 1863.

Part of the fact that every human being always acts, whether at the individual, collective, private, public level, as in political legislation, according to the principle of greatest happiness, in view of the benefit of the greatest number of individuals.

"Utility" is defined in several ways, generally in terms of the welfare of human beings. Bentham described it as the sum of all pleasure that results from an action, minus the suffering of any person involved in that action. In neoclassical economics, preference satisfaction is called utility while in moral philosophy, it is synonymous with happiness, whatever the way in which it is understood. This ethical doctrine is sometimes summarized as "the maximum welfare for the maximum number".

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Todrick Company is a merchandiser that reported the following information based on 1,000 units sold: Sales $ 405,000 Beginning m
skelet666 [1.2K]

Missing information:

Fixed administrative expense $ 16,200 Variable selling expense $ 20,250 Variable administrative expense $ ? Contribution margin $ 81,000 Net operating income $ 24,300

1. Prepare a contribution format income statement.

2. Prepare a traditional format income statement.

3. Calculate the selling price per unit.

4. Calculate the variable cost per unit.

5. Calculate the contribution margin per unit.

Answer:

First we must determine cost of goods sold = $27,000 + $270,000 - $13,500 = $283,500

now we must find total variable costs = total sales - contribution margin = $405,00 - $81,000 = $324,000

variable administrative expenses = total variable costs - COGS - variable selling expense = $324,000 - $283,500 - $20,250 = $20,250

1. Prepare a contribution format income statement.

Total sales                                                              $405,000

<u>Cost of goods sold                                                $283,500</u>

Gross contribution margin                                      $121,500

Variable selling expense                                        $20,250

<u>Variable adm. expense                                          $20,250</u>

Contribution margin                                                $81,000

Fixed period expenses:

  • Fixed selling expense                                   $40,500
  • <u>Fixed administrative expense                       $16,200</u>

Net operating income                                            $24,300

2. Prepare a traditional format income statement.

Total sales                                                              $405,000

<u>Cost of goods sold                                                $283,500</u>

Gross profit                                                              $121,500

Operating expenses:

Selling expenses                                                     $60,750

<u>Adm. expenses                                                       $36,450</u>

Net operating income                                            $24,300

3. Calculate the selling price per unit.

  • $405

4. Calculate the variable cost per unit.

  • $324

5. Calculate the contribution margin per unit.

  • $81
5 0
4 years ago
Although it was not explicitly noted in the employee handbook, Jennie was told at the start of her internship that employees are
ZanzabumX [31]

Answer:

Policy.

Explanation:

In this scenario, although it was not explicitly noted in the employee handbook, Jennie was told at the start of her internship that employees are expected to dress in business casual attire each day. This dress code is a policy of the organization.

Policy can be defined as a set of idea, rules, guidelines or plan which determines the principles or course of action of an organization. The main purpose of the policy being defined in an organization is to provide rational values or outcomes and to guide the decisions of the employees working in an organization.

4 0
3 years ago
Sprockets Corporation is thinking about replacing a piece of manufacturing equipment with a remaining useful life of six years a
Sindrei [870]

Answer:

Decrease its total net income by $18,000.

6 0
3 years ago
Oriole Chemicals Company acquires a delivery truck at a cost of $32,000 on January 1, 2022. The truck is expected to have a salv
emmainna [20.7K]

Answer:

$4,500

Explanation:

Depreciation expense using the straight line depreciation method = (Cost of asset - Salvage value) / useful life

($32,000 - $5,000)/6 = $4,500

The straight line depreciation method allocates the same deprecation expense for each year of the useful life of the asset.

Therefore, the depreciation expense each year would be $4,500.

I hope my answer helps you

4 0
3 years ago
Your family runs a specialty ice cream parlor, Ice-Scoops. It manufactures its own ice cream in small batches and sells it only
BartSMP [9]

Answer:

The reasons why I need to restructure the company's channel of distribution are:

The company is going to enter a new market.

If we don't increase our distribution we are going to lose against our adversaries.

The existing distribution is not going to be profitable.

Explanation:

The arguments behind these reasons are that in the first place we no longer belong to the same market. The company has entered a new market and because it now has this bigger pool of customers we need to increase the channel of distribution or we are going to lose the market. That is the second reason if we don't build a distribution network we are going to let our adversaries sell their products to the new clients because we are unable to satisfy their needs. Third, the actual channel of distribution needs to improve it because if we don't do it we are going to lose by working with the same. the reason is that the capability might not be enough to satisfy the demand.

5 0
3 years ago
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