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WINSTONCH [101]
3 years ago
14

Granfield Company is considering eliminating its backpack division, which reported an operating loss for the recent year of $41,

900. The division sales for the year were $958,100 and the variable costs were $474,000. The fixed costs of the division were $526,000. If the backpack division is dropped, 40% of the fixed costs allocated to that division could be eliminated. The impact on Granfield's operating income for eliminating this business segment would be:
Business
1 answer:
jekas [21]3 years ago
4 0

Answer:

...

Explanation:

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. Identify the problem-solving techniques used by TCL Motivate your answer by quoting from the scenario above​
Volgvan

Answer:

At its core, problem solving is a methodical four-step process. You may even recall these steps from when you were first introduced to the Scientific Method.

First, you must define the problem. What is its cause? What are the signs there's a problem at all?

Next, you identify various options for solutions. What are some good ideas to solve this?

Then, evaluate your options and choose from among them. What is the best option to solve the problem? What's the easiest option? How should you prioritize?

Finally, implement the chosen solution. Does it solve the problem? Is there another option you need to try?

Explanation:

Creative Problem Solving Techniques

Separate ideation from evaluation. When you brainstorm creative ideas, have a separate time for listing it all down. Focus on generating lots of ideas. Don't prioritize or evaluate them until everything is captured.

Judging will shut it down. Nothing stops the flow of creative ideas faster than judging them on the spot. Wait until the brainstorming is over before you evaluate.

Restate problems as questions. It's easier to entice a group into thinking of creative ideas when challenges are stated as open-ended questions.

Use "Yes and" to expand ideas. Here's one of the basic tenets of improv comedy. It's way too easy to shut down and negate ideas by using the word "but." (i.e. "But I think this is better...") Avoid this at all costs. Instead, expand on what was previously introduced by saying "Yes, and..." to keep ideas flowing and evolving.

7 0
3 years ago
Bennette Corporation has provided the following data concerning its overhead costs for the coming year: Wages and salaries $540,
ollegr [7]

<u>The activity rate for the Order Processing activity cost pool is closest to </u>

<u>542</u>

Explanation:

Given that ,

Wages and salaries  $540,000

Depreciation             $220,000

Rent                          $240,000

Cost pool for order processing activity

Activity Cost Pools= 30% 25% 45%

= (540,000*30%) +(220,000*25%)+(240,000*45%)

= (162000)+(55000)+(108000)

=325000

Hence ,the Cost pool for order processing activity  =325000

We know that the formula for

Activity rate = Cost pool/Total activity

<u></u>

<u>Activity Cost Pool Total Activity Assembly 40,000 labor-hours Order processing 600 orders </u>

<u> </u>

= 325,000/600

= 542

<u>The activity rate for the Order Processing activity cost pool is closest to </u>

<u>542</u>

3 0
4 years ago
A marketing manager had a goal to improve market share for his paper plates by 2 percent in the coming year, and he felt he’d ne
rodikova [14]

Answer:

OBJECTIVE AND TASK BUDGETING.

Explanation:

Objective and task budgeting is an effective budgeting strategy which considers the firm’s overall promotional objectives. The budgeting is then done according to the requirements for meeting these goals.

By running television ads and a social media campaign, the marketing manager has created a means to meet his objective or goal which is to improve market share for his paper plates by 2 percent in the coming year. He then proceeds to price how much the advertising would cost him and then sets the budget. This budgeting is done by OBJECTIVE AND TASK BUDGETING. This allows the marketing manager to allocate a certain amount of money to its marketing budget based on his objectives, rather than choosing an arbitrary amount.

3 0
3 years ago
By affirming the company's primary goals, the mission statement assures that everyone in the company is working toward the same
Ivan
Hello,



The answer is True.


Hope this helps
8 0
3 years ago
Hal is enrolled for one class at a local community college; tuition cost him $190. Hal's AGI is $20,000. Before considering a li
netineya [11]

Answer:

the lifetime learning credit is $38

Explanation:

The computation of the lifetime learning credit is shown below:

= 20% of tuition cost

= 20% of $190

= $38

Hence, the lifetime learning credit is $38

We simply applied the above formula so that the correct value could come

And, the same is to be considered

he is eligible for 20% only so the same is relevant

6 0
3 years ago
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