The Chester company is likely implementing a strategy called
the niche differentiation. This is the process in which helps a specific
organization or company to coexist by having to use their environment in a
different way in when they are to compete.
Answer:
Product A, then Product C and finally Product B
Explanation:
The unit profit = Selling price per unit - Variable cost per unit - Fixed cost per unit
Unit Profit of product A = $21 - $11 - $5 = $5
Unit Profit of product B = $12 - $7 - $3 = $2
Unit Profit of product C = $32 - $18 - $9 = $5
The profit of each product in 1 machine hour = 1 hour/ Machine hours per unit * Unit Profit
Profit of Product A in 1 hour using machine = 1/0.2 * $5 = $25
Profit of Product B in 1 hour using machine = 1/0.5*$2 = $4
Profit of Product C in 1 hour using machine = 1/0.2* $5 = $25
Product A & Product C have same profit in 1 hour machine, then we have to consider Direct labor hours per unit which product A is 0.4 while product C is 0.7. It means Product C is more costly in direct labour than Product A.
In short, then the ranking of the products from the most profitable to the least profitable use of the constrained resource is Product A, then Product C and finally Product B
Answer:
<u>$0 (None)</u>
Explanation:
Mike incurring additional moving expenses to his new home is not legally permissible for deduction when starting it in his annual gross income report for tax purposes.
However, miscellaneous expenses such as Unreimbursed business expenses, qualified educational expenses, tax preparation fees, subscriptions to professional journals<em>, and job-hunting expenses </em><em>may be deducted.</em>
The answer is: <span>cyclical because jobs are lost in many industries as they cut production
when the economy goes into recession, most people will have lower purchasing power which will force them to buy less products.
This situation will force companies to lower the amount of supply that they give to the market, which will lead to them cutting off several employees in order to maintain financial stability.</span>
