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3 years ago

Bruce Corporation makes four products in a single facility. These products have the following unit product costs:

Business

1 answer:

VladimirAG [237]3 years ago

7 0

Answer:

The correct answer is option (D).

Explanation:

According to the scenario, computation of the given data are as follows:

Variable cost = Direct material + Direct labor + Variable manufacturing overhead + Variable selling cost per unit

Variable cost of product A = $17.30 + $19.30 + $6.10 + $3.05 = $45.75

Variable cost of product B = $21.20 + $22.70 + $7.30 + $3.75 = $54.95

Variable cost of product C = $14.20 + $17.10 + $9.80 + $4.50 = $45.60

Variable cost of product D = $16.90 + $11.10 + $6.80 + $5.20 = $40

Contribution per unit (CPU) = selling price per unit – variable cost

Product A CPU = $87.20 - $45.75 = $41.45

Product B CPU = $79.60 - $54.95 = $24.65

Product C CPU = $76.40 - $45.60 = $30.8

Product D CPU = $71.10 - $40 = $31.10

Contribution per grinding minutes (CPGM) = CPU ÷ contribution per grinding minutes

CPGM of Product A = $41.45 ÷ 2.30 = $18.02

CPGM of Product B = $24.65 ÷ 1.35 = $18.26

CPGM of Product C = $30.8 ÷ 0.90 = $34.22

CPGM of Product D = $31.10 ÷ 1.20 = $25.92

According to the analysis, Product C makes the most profitable use of grinding machine. Because it’s give the highest contribution per grinding minutes.

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If the CPI is 123 in year 1 and 143 in year 2, what is the approximate percentage change in prices between the two years?

padilas [110]

Answer:

B. 16.3 percent

Explanation:

The consumer price index in year 1 = 123

The consumer price index in year 2 =143

Now we have given two years consumer price index and from this information, we are required to find the percentage change in the consumer price index. Below is the formula to find the percentage change.

Percentage change in CPI = (Year 2 CPI – Year 1 CPI) / Year 1 CPI

Percentage change in CPI = (143 – 123 ) / 123

Percentage change in CPI = 0.1626 or 16.3%

Thus, Option “b” 16.3 Percent is correct.

3 0

4 years ago

RL Inc., an American insurance company, attempted to sell life insurance in Spain. However, the company failed to understand tha

Hoochie [10]

Answer:

The correct option is C

Explanation:

A cultural misunderstanding occurs when something like a word, gesture, social context, object has different meaning in two cultures. sometimes the misunderstandings get resolved, sometimes it leads nowhere and other times it can escalate to anything from love to war.

So here RL Inc. misunderstood spain's culture with american culture and it lead nowhere for them.

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3 years ago

Decision makers and analysts look deeply into profitability ratios to identify trends in a company’s profitability. Profitabilit

ahrayia [7]

Answer:

If a company has a profit margin of 10%, it means that the company earned a net income of $0.10 for each dollar of sales. A 10% PROFIT MARGIN MEANS THAT THE COMPANY EARNED 10 CENTS FOR EVERY DOLLAR OF REVENUE.
If a company's operating margin increases but its profit margin decreases, it could mean that the company paid more in interest or taxes. OPERATING PROFIT = GROSS PROFIT - FIXED COSTS, NET PROFIT = OPERATING PROFIT - (INTERESTS AND TAXES). IF TAXES OR INTERESTS INCREASE, NET PROFITS DECREASE

Explanation:

there are several profitability ratios, the most important ones are:

profit margin = net profit / total revenue
gross profit margin = gross profit / total revenue
return on equity = net income / total shareholder equity
return on assets = net income / total assets

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4 years ago

Situational leadership theories grew out of an attempt to explain the inconsistent findings about traits and styles. Situational

Leni [432]

Answer:

A. Your boss gives regular guidance and feedback to employees during quarterly reviews.

Appropriate path-goal leader behavior: Path-goal clarifying behaviors

B. Your supervisor just gave you a tremendous work opportunity that you aren't sure you are ready for. She reminds you that although she understands this position will be challenging, she's confident that you will rise to the occasion.

Appropriate path-goal leader behavior: Achievement-oriented behaviors

C. You are the unofficial coordinator and mentor at work. You schedule, organize, coach, and provide guidance to employees.

Appropriate path-goal leader behavior: Work facilitation behaviors

D. Your new boss has an open-door policy and is very approachable and willing to help his employees whenever they need assistance.

Appropriate path-goal leader behavior: Supportive behaviors

E. Your boss has a unique ability to involve everyone in team discussions and reconcile personal differences among the members.

Appropriate path-goal leader behavior: Interaction facilitation behaviors

F. Your new boss is using data she collected from you and your coworkers to help her to set goals collectively with all of you on the team.

Appropriate path-goal leader behavior: Group-oriented decision-making behaviors

G. You've volunteered to represent your organization at an upcoming career fair at the local university.

Appropriate path-goal leader behavior: Representation and networking behaviors

H. Part of your supervisor's success as a leader is due to his ability to create a compelling vision and communicate it in a way that inspires the employees.

Appropriate path-goal leader behavior: Value-based behaviors

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3 years ago

Olivia is considering working a secretary job for a small law firm. Given the opportunity costs of working the job, she will not

SOVA2 [1]

What would likely raise Olivia's reservation wage is if Olivia learns that the job is more challenging than she initially thought

Reservation price is the least amount of wage that a worker would be willing to accept for services rendered.

Factors that lead to changes in reservation wages

Finances: a worker that is in debt or in desperate need of money would have a lower reservation wage when compared with a person that is debt-free. For example, the reservation wage of a billionaire would be higher than the reservation wage of an homeless individual.

Nature of the job: the more challenging a job is, the higher the reservation wage that would be demanded by a worker.

Length of unemployment: the longer a person has been unemployed for, the lower the reservation wage.

To learn more about reservation wage, please check: brainly.com/question/14293413?referrer=searchResults

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3 years ago