Which figure (amount) should be larger? A. Expenses B. income C. Extras D. Needs

Alecsey [184]

Answer:

Nepal - Dairy Products ; Buttermilk, FAO ; Cheese, FAO ; Cheese and Curd, FAO ; Cream Fresh, 4 timeseries ; Ghee, FAO.

7 0

2 years ago

Outdoor luggage inc. makes high-end hard-sided luggage for sports equipment. data concerning three of the company's most popular

Elden [556K]

1-a. The total time available on the plastic injection molding machine is the constraint in the production process. What is the contribution margin per unit of the constrained resources for Ski Guard, Golf Guard and Fishing Guard?

Answer:

We need to need to find the contribution margin for each product.

$Contribution Margin per unit = Selling Price per unit - Variable cost per unit$

Then we need to find contribution margin per unit of constrained resources with the following formula:

$Contribution Margin per unit of constrained resource = \frac{Contribution margin per unit}{Resource needed per unit of product}$

Constraint: Time available on plastic injection moulding machine

Ski Guard Golf guard Fishing guard

Selling Price per unit 200 300 255

Less: Variable Cost 60 140 55

Contribution Margin 140 160 200

Processing time per unit (minutes) 2 5 4

Contribution Margin unit of constraint 70 (140/2) 32 (160/5) 50

1-b. Which product would be the most profitable use of this constraint?

Manufacturing the Ski Guard would be the most profitable use of this constraint since it has the maximum contribution margin per unit of constraint, ($70 per unit).

1-c. Which product would be the least profitable use of this constraint?

The Golf Guard would be the least profitable use of this constraint since it has the least contribution margin per unit of constraint, at $32 per unit.

2a. A severe shortage of plastic pellets has required the company to cut back its production so much that the plastic injection molding machine is no longer the bottleneck. Instead, the constraint is the total available pounds of plastic pellets. What is contribution margin per unit of the constrained resources for Ski Guard, Golf Guard and Fishing Guard?

We need to need to find the contribution margin for each product.

$Contribution Margin per unit = Selling Price per unit - Variable cost per unit$

Then we need to find contribution margin per unit of constrained resources with the following formula:

$Contribution Margin per unit of constrained resource = \frac{Contribution margin per unit}{Resource needed per unit of product}$

Constraint: Pounds of plastic pellets

Ski Guard Golf guard Fishing guard

Selling Price per unit 200 300 255

Less: Variable Cost 60 140 55

Contribution Margin 140 160 200

Plastic pellets per unit (pounds) 7 4 8

Contribution Margin per pound 20 (140/7) 40 (160/4) 25 (200/8)

2-b. Which product would be the most profitable use of this constraint?

The Golf Guard would be the most profitable use of this constraint since it has the maximum contribution margin per unit of constraint, ($40 per unit).

2-c. Which product would be the least profitable use of this constraint?

The SkiGuard, with a contribution margin of $20 per pound of plastic would be the least profitable use of this constraint.

3. Which product has the largest unit contribution margin?

Answer : The fishing guard has the largest per unit contribution margin at $200.

6 0

3 years ago

Suppose that in a month the price of movie rentals decreases from $3.25 to $3. At the same time, the quantity of movie rental

Sergeeva-Olga [200]

Answer:

The correct answer is option a.

Explanation:

The initial price of movie rentals is $3.25.

The initial quantity is 100.

The price falls to $3.

This causes demand to rise to 120.

The price elasticity of demand a ratio of change in quantity demanded to change in price level.

The elasticity is calculated at -2.25, through the process given in images.

The price elasticity of demand here is greater than 1 which means it is elastic.

So, option a is the correct answer.

4 0

3 years ago

Evanson Company expects to produce 540,000 units of their product during the year. Monthly production is expected to range from

Roman55 [17]

Answer:

Evanson Company

Flexible Monthly Budget

Activity Level:

Finished goods (Units) 40,000 60,000 80,000

Variable costs:

Direct materials $560,000 $840,000 $1,120,000

Direct labor 600,000 900,000 1,200,000

Manufacturing overhead 640,000 960,000 1,280,000

Total variable costs $1,800,000 $2,700,000 $3,600,000

Fixed manufacturing

overhead 135,000 135,000 135,000

Total production costs $1,935,000 $2,835,000 $3,735,000

Explanation:

a) Data and Calculations:

Expected production units per year = 540,000

Average monthly production units = 45,000 (540,000/12)

Manufacturing costs per unit:

Direct materials $ 14

Direct labor 15

Variable manufacturing overhead 16

Fixed manufacturing overhead 3

Total yearly fixed overhead = $1,620,000 (540,000 * $3)

Monthly fixed overhead = $135,000 ($1,620,000/12)

b) A flexible budget has varying activity levels from one period to the next. One interesting feature of the flexible budget is that the variable costs are fixed per unit, but their totals vary with the volume levels. On the other hand, the fixed costs remain static in totals but vary per unit.

7 0

3 years ago

Outside the United States and the United Kingdom, concentrated ownership of the company is more the exception than the rule. dif

rusak2 [61]

Answer:

Diffused ownership of the company is more the exception than the rule.

Explanation:

Outside the United States and the United Kingdom, diffused ownership is more the exception than the rule mostly because the forms of diffuse corporate ownership tend to have an American or British origin, and from the U.S. and the U.K., they expand to other countries with time.

For example, Limited Liability Companies is a type of company with diffused ownership, and has been exported with different names to other countries, becoming more popular with time.

6 0

3 years ago