Answer:
e. $ 350,000
Explanation:
Given: Total number of units= 10000.
Selling price= $60 per unit.
The material cost= $10 per fan
Labor cost= $15 per unit.
Promotion and marketing cost= $100000.
Facility expense= $80000.
Other overhead cost= $20,000.
Now, finding the variable cost of fan.
Variable cost=
Variable cost=
⇒ Variable cost=
∴ Variable cost= $250000.
Selling price=
∴ Selling price of fan is $600000.
Unit contribution=
Next find the unit contribution of each fan.
⇒ Unit contribution=
∴ Unit contribution of each fan is $350000.
Answer:
C. span of control
Explanation:
Alana, the children's department manager at Shoe Mart, has eight employees in her department, also known as her span of control. All of eight of these employees report directly to her.
Span of control is the term which is now used very commonly in the field of business. It is used in terms of defining the HR management where it shows the area, department or the number of people an individual is responsible for.
Answer:
Buy ads and get social media
Explanation:
Answer:
$492,000
Explanation:
Data provided in the question:
Budgeted units manufactured = 50,000 squares
Fixed manufacturing costs = $12000
Variable manufacturing costs = $16.00 per square
Actual units produced = 30,000 squares of shingles
Now,
Budgeted Total Manufacturing Costs = Fixed Cost + Variable Cost
or
Budgeted Total Manufacturing Costs
= $12,000 + $16.00 × Actual units produced
= $12,000 + $16.00 × 30,000
= $12,000 + $480,000
= $492,000
Answer:
At one time, the centrally planned economy of China encouraged farmers to produce iron in their backyards, rather than have factories make iron. This proved unsuccessful, since most of the farmers' iron was of poor quality. Why do you think this approach was unsuccessful? How could this experiment become a success in a free market economy?
The reason why the approach whereby farmers make iron in their backyard could not work out is as a result of not being inclined in that market as they are only skilled in agriculture, also they do not understand the rhetorics of the business.
The experiment would be a success in a free market as anyone is allowed to sell such product, this gives room for competition and helps to price reduction which is good for the consumers, also it would help in improvement of such product's quality because of competition involved
Explanation: