Answer and Explanation:
1. The computation of contribution margin per pound is shown below:-
Product A Product B Product C
Contribution margin per unit $35.20 $11.60 $24.00
Direct materials $26.40 $12.00 $12.00
Material cost $3 $3 $3
Material per unit $8.80 $4.00 $4.00
($26.40 ÷ $3) ($12.00 ÷ $3) ($12.00 ÷ $3)
Contribution margin per pound $4 $2.90 $6
($35.20 ÷ $8.80) ($11.60 ÷ 4.00) ($24.00 ÷ $4.00)
2.
Product A Second
Product B Third
Product C First
Rosario most likely attended a situational interview. Situational interview questions ask you to reply hypothetically to a circumstance that might arise at work.
In these interviews interviewer is interested in learning how you would respond to a problem at work. Then, your reply will be compared to those of the other applicants.
Situation-based interview questions frequently ask candidates to solve problems and deal with challenging situations at work.
The best responses to scenario-based interview questions give specific instances of how you handled situations comparable to the one in question. However, you can also share some details about how you expect you would react to the situation. By doing this, you'll be giving the interviewer knowledge that is based on situations you actually encountered and overcame.
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Answer:
(a) $3,444,444.44
(b) $11,160,000
Explanation:
(a) Effective purchasing power:
= Loan amount ÷ (1 + cumulative inflation rate)
= $6,200,000 ÷ (1 + 0.80)
= $6,200,000 ÷ 1.80
= $3,444,444.44
Therefore, the effective purchasing power of the $6,200,000 is $3,444,444.
(b) Lender should be repaid:
= Loan amount × (1 + cumulative inflation rate)
= $6,200,000 × (1 + 0.80)
= $6,200,000 × 1.80
= $11,160,000
Answer:
The correct answer is:
I trust you to be able to accomplish this task (C)
Explanation:
First of all, you have to know the meaning of the word competence, and competence is a collection of related relevant abilities, know-how and skills required to act effectively on a job or situation. Which is a clear message passed by the speaker in the statement "I trust you to be able to accomplish this task", because the speaker knows that his team member possesses the right skills to carry out a task successfully.
The statement in option D ( "I trust you to do the right thing." ) also tells a little about competence because one of the definitions of competence highlights being sane, and one needs to be sane to do the right thing, but it is only second choice when compared to the statement in option "C".
Next time when you are faced with this kind of question, identify the keyword ( which in this case is competence), and use that to answer the question.