The break even level of sales is <span>$1400</span> +$13*n
Answer:
Elijah but I go by Mayhem
Explanation:
I can help with question two, but not question three.
The answer to question two is that biotech companies are part of the global industry from day one. Because capital is global, diseases know no borders, people are mobile, and you can get science anywhere in the world, there is an immediate competition with all other bioscience companies in the world.
In other words, when you start a biotech company in the US, you are immediately competing with biotech companies in Japan, the UK, etc. because you're all competing for the same capital, the same consumers, the same pharmacies, etc.
My best guess for question three is just that regulations are always important for global businesses (or really any business in general) as they protect both the businesses, the employees, and the consumers. In the case of biotech businesses, they protect people from false advertising of the benefits of products for example.
Hope this helps!
Answer:
The answer is A) invest more resources at the front end of the value chain in research and development and design to produce a superior product.
Explanation:
Total quality management is a management approach to long-term success through customer satisfaction. In a TQM effort, all members of an organization participate in improving processes, products, services, and the culture in which they work.
Answer:
The overhead cost allocated to Totes is $11556 and option c is the correct answer
Explanation:
To allocate the overheads between products using a plant wide rate, we need to calculate the plant wide Overhead absorption rate (OAR). The OAR allocates overheads to each product based on the activity level consumed by each product.
OAR = Budgeted Overheads / Budgeted Absorption base
As the overhead absorption base is the direct labor cost, we first need to determine the total direct labor cost for both the products.
Direct labor cost = 64 * 350 + 51 * 530 = $49430
OAR = 25500 / 49430 = $0.5159 per direct labor cost of $1
Direct labor cost used by Totes = 64 * 350 = $22400
Overheads to be allocated to Totes = 22400 * 0.5159 = $11556.16 rounded off to $11556
