Answer:
The correct answer is the sociocultural factor.
Explanation:
"make-to-stock" manufacturer is the new tactic that companies use to meet the demand obtained from their customers. Through this strategy, companies ensure they have the most demanded products in their inventory so that the person does not have to wait long for him.
Socioculture refers to the structures built by people, which helps them to relate to other people and other cultures.
In the different businesses and companies, they have felt a sociocultural change since the industrial revolution. Whereby each of the companies needs to change at the same time that the needs of their customers change, this forces them to use new sales strategies for the satisfaction of Your customers as "make-to-stock" manufacturer.
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<span>Rose company is preparing its direct labor budget for May. Projections for the month are that 8,350 units are to be produced and that direct labor time is three hours per unit. If the labor cost per hour is $9. What is the total budgeted direct labor cost for may?
To solve:
Each unit is going to take 3 hours to make. So, multiply the cost per hour by the amount of hours it will take ($9)(3) = $27 per unit.
Then, multiply the cost per unit, by the amount of units to be produced ($27)(8,350) = $225,450</span>
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Answer:
- Government legal minimum price $4.50 : Price Floor [Binding]
- Government maximum set price $4.50 : Price Ceiling [Non Binding]
Explanation:
Price Ceiling is the maximum mandated price by the government , at which a commodity can be sold in the market. It is binding if price ceiling is set below the free market equilibrium price level. It is usually set to protect interests of buyers.
Price Floor is the minimum mandated price by the government, at which a commodity can be sold in the market. It is binding if price floor is set above the free market equilibrium price level. It is usually set to protect interest of sellers.
'The government has instituted a <u>legal minimum price</u> of $4.50 per gallon for gasoline' is an example of Price Floor. As floor price 4.50 > equilibrium price 4 , it is binding.
'The government <u>prohibits</u> gas stations from selling gasoline for <u>more than</u> $4.50 per gallon' is an example of Price Ceiling. As price ceil 4.50 > equilibrium price 4 , it is non binding.
Answer:
b.$6.00
Explanation:
The contribution margin is the difference between the sales and variable cost. The difference between the unit sales and unit variable cost thus gives the contribution margin per unit.
Total variable cost per unit includes both direct and indirect cost.
variable cost per unit = $1.50 + $1.20 + 0.90 + 0.40
= $4.00
contribution margin per unit
= $10.00 - $4.00
= $6.00