Answer:
The company's degree of operating leverage is closest to $840000
Explanation:
Selling price per unit = Sales revenue / No. of bags sold
= $1560000/200000 bags = $7.8 per bag
Variable cost per unit=Total variable expenses/No. of units
= $840000/200000 units = $4.2 per bag
Company’s unit contribution margin = Selling price per unit-Variable cost per unit
= $7.8 per unit-$4.2 per unit = $3.6 per unit
Company's degree of operating leverage = Variables manufacturing expense + Variable selling and administrative expense
=$660000+$180000 = $840000
Strategic planning is the type of planning used by team of Star bank.
<h3>What is strategic planning?</h3>
Strategic planning is a type of planning that is channeled towards a purpose.
Companies make use of strategic planning to help focus on a particular goal or aim
Therefore, Strategic planning is the type of planning used by team of Star bank.
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The belief that human behavior, as well as nonhuman animal behavior, can be partly explained as the outcome of natural selection
Answer:
A. the iso-quant line is tangent to the iso-cost line.
Explanation:
Cost minimization refers to the decrease in level of cost of production for certain specified level of production.
Iso quant line represents the labor and capital combinations keeping the total cost same. The least combination represents the tangent to isoquant, basically representing the idle choice of labor and capital.
In this manner the company chooses the idle way of cost minimization.
Bonds have a maturity date, are perpetual, and pay a coupon rate.