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2 years ago

Why might a business conduct a life cycle assessment?

1 answer:

5 0

Companies use LCA to demonstrate transparency and corporate credibility to stakeholders and customers. LCA is also used in new product research and development, when environmental footprint is important to the future marketing or cost structure of a product.

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A company must decide between scrapping or reworking units that do not pass inspection. The company has 16,000 defective units t

lutik1710 [3]

Answer:

It is more profitable to sell the units for scrap.

Explanation:

Giving the following information:

Defective units= 16,000 units

Selling price dor scrap= $2.60

Reworked cost= $4.80 each

Selling price= $8.10 each.

If the units are sold as-is, the company will be able to build 16,000 replacement units for $5.50 each and sell them at the full price of $8.10 each.

The cost of 16,000 units produced is a sunk cost, therefore, it shouldn't be a part of the decision making.

Sell as it is:

Sell scrap= 16,000*2.9= 46,400

New units= 16,000*(8.10 - 5.50)= 41,600

Total income= $88,000

Continue processing:

Reworked sales= 16,000*(8.1 - 4.8)= $52,800

It is more profitable to sell the units for scrap.

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2 years ago

Music compact discs are normal goods. What will happen to the equilibrium price and quantity of music compact discs if musicians

gulaghasi [49]

Answer:

Quantity will rise, and the effect on price is ambiguous.

Explanation:

Music compact discs are normal goods. There is a positive relationship between the demand for the normal goods and the income of the consumers.

If the compact disc players become cheaper to produce then as a result all the producers start producing music compact discs and this will increase the supply of music compact disc. This will shift the supply curve rightwards.

And if the income of the music lovers increases then as a result the demand for music compact discs increases. This will shift the demand curve rightwards.

Therefore, these changes will increase the equilibrium quantity and the impact on equilibrium price is ambiguous because that will be dependent upon the magnitude of the shift of supply and demand curve.

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2 years ago

Knowledge Check 01 Feline Watch Company makes wrist watches out of silver metal sheets. Feline sold 200 watches in the month of

anastassius [24]

Answer:

the number of watches to be produced in July is 500

Explanation:

The calculation of the number of watches to be produced in July is given below;

Units Expected to be sale 400

Add: Desired ending inventory 300 (50% of 600)

Total available 700

Less: Beginning Inventory -200

Units to be produced 500

Hence, the number of watches to be produced in July is 500

6 0

2 years ago

Be careful with a ________ strategy. Because price is a cue for developing customer perceptions of product quality, the value pr

katovenus [111]

Answer:

A. penetration pricing

Explanation:

Penetration pricing strategy is an approach where a business seeks to gain a sizeable market share by offering a product at a reduced price. The penetration strategy is mostly used when introducing a new product in a competitive market. Marketers use reduces prices to entice customers to buy the and new product.

Penetration pricing strategy aims at changing customer preferences by introducing a new, low-priced product. There is always a risk that customers will perceive this new and low-priced product to be of inferior quality. Middle and high-end customers are more likely to view a low-cost product item as not of their desired standard

7 0

2 years ago

Portia Grant is an employee who is paid monthly. For the month of January of the current year, she earned a total of 8,988. The

cluponka [151]

Answer:

$6,809.04

Explanation:

Calculation to determine what her net pay for the month is

Gross Pay (a) $8,988

Less: Deductions

Social Security Tax $557.26

($8,988 * 6.2%)

Medicare Tax $130.33

($8,988 * 1.45%)

Federal income Tax $1,491.37

Total Deductions (b) $2,178.96

Net Pay (a-b) $6,809.04

($8,988-$2,178.96)

Therefore her net pay for the month is $6,809.04

6 0

1 year ago