Answer:
True.
Explanation:
The value chain expresses the idea that different departments within a firm should operate interdependently which will not only increase the efficiency of the firm but also create a value for customer to compete in the competitive environment. It is very important for the departments within an organization to operate in cooperation with one another as it would make the attainment of the goal easier and that too within stipulated time frame.
Answer:
Break-even point in units= 6,547 units
Explanation:
Giving the following information:
Selling price per unit $160
Variable expense per unit $91.50
Fixed expense per month $429,490
Desired profit= $19,000
<u>To calculate the number of units to be sold, we need to use the break-even point formula:</u>
Break-even point in units= (fixed costs + desired profit) / contribution margin per unit
Break-even point in units= (429,490 + 19,000) / (160 - 91.5)
Break-even point in units= 6,547 units
Answer: No loss, no gain
Explanation:
When an employer changes group plan to another insurer, all employees under the previous coverage would be eligible to gain under the new plan without any delay for probation.
Answer:
Conversion cost= $58,300
Explanation:
Giving the following information:
Direct labor $ 29,000
Manufacturing overhead $ 29,300
<u>The conversion costs are the sum of the direct labor and manufacturing overhead:</u>
Conversion cost= direct labor + Manufacturing overhead
Conversion cost= 29,000 + 29,300
Conversion cost= $58,300
