Answer:
The answer is: C) Should be used along with other measures, including some that are qualitative, to assess a strategy.
Explanation:
A business strategy has to based on both qualitative and quantitative measures.
- Qualitative measures use parameters such as consumer satisfaction, brand image, corporate identity, etc. How is our company making our community better?
- Quantitative measures use parameters such as turnover, sales, profit, etc. What % of sales increase do we expect for next year?
A successful business strategy has to consider both aspects of the organization. For instance, how can we expect to have a sales increase of 10% next year when our customers have a terrible image of our company? One doesn´t work without the other, they both need each other to work properly.
Answer:
Selling price= $224
Explanation:
Giving the following information:
Unitary purchase cost= $140
Mark-up percentage= 60%
<u>To calculate the selling price per unit, we need to use the following formula:</u>
Selling price= unitary cost*(1 + mark-up)
Selling price= 140*1.6
Selling price= $224
Answer:
See below
Explanation:
Direct material = $48.10
Direct labor = $9.20
Variable manufacturing = $2.20
Fixed manufacturing = $19.50
Variable admin expenses = $4.0
Selling price = $108.10
Profit =
Contribution per unit =
New order = $3,100 units
Direct material = $48.10
Direct labor = $9.20
Variable manufacturing = $2.20