Units to be produced in February is calculated as -
Units to be produced in February = February sales + Ending inventory of February - Beginning inventory
February sales = 4,600 units
Ending inventory = 25 % * Sales of March = 25 % * 5,300 units = 1,325 units
Beginning inventory - 25 % * Sales of February = 25 % * 4,600 unit = 1,150 units
Units to be produced in February = 4,600 units + 1,325 units - 1,150 units
Units to be produced in February = 4,775 units
Answer:
Explanation:
Suggestive selling is when someone recommends a better version of the product which you are purchasing or even recommends another totally different product that may suit your individual needs better. Almost everyone has experienced this in some capacity before. For example, any time you go to a fast-food chain they always ask if you would like to increase the size of your order (super-size) for a small additional fee. This is suggestive up-selling, and companies do this because they make additional profit from these items that they are suggesting.
The given statement about the law of demand is false and the appropriate law is explained below.
<h3>What is Law of Demand?</h3>
This refers to the economic principle which states that when there is an increase in demand for a product, then the price of the good will decrease.
With this in mind, we can see that the law of demand works with the supply of goods as if for example there is an increase in price for a particular bar of soap, then the demand reduces.
Read more about law of demand here:
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Answer:
1. 4,350 helmets
Explanation:
1. The computation of the number of helmets is shown below:
= (Total fixed cost + operating income) ÷ (Contribution margin per unit)
where,
Contribution margin per unit = Selling price per unit - Variable cost per unit
= $76 - $44
= $32
So, it would be
= ($49,600 + $89,600) ÷ ($32)
= ($139,200) ÷ ($32)
= 4,350 helmets
2. The contribution margin income statement is presented below:
Sales (4,350 × $76) $330,600
Less: Variable cost (4,350 × $44) ($191,400)
Contribution margin $139,200
Less: Total Fixed cost ($49,600)
Operating income $89,600
Answer:
The use if the direct chain of command affords delegation of authority in an easily understandable way, such that needed decisions on actions are more quickly taken to save costs due to delay and lack of cohesion.
Direct chain of command affords employees to work in areas they are proficient with which builds improved competence and skill within the workforce
The chain of command organizational structure is a logical delegation of authority which facilitates collaborative efforts with internal and external bodies
Explanation:
