Answer:
Results are below.
Explanation:
T<u>o calculate the activity rate, we need to use the following formula:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Labor-related= 66,500/9,500= $7 per direct labor hour
Purchase orders= 15,200/3,800= $4 per order
Material receipts= 10,200/850= $12 per receipt
Relay assembly= 28,000/2,800= $10 per relay
General factory= 333,000/37,000= $9 per machine hour
Answer:
It is convenient for Jenna to buy her computer when the price is more elastic and the Offer of the good is large, because the greater the supply of a good, the lower the price and with the elastic demand. It means that the price varies in proportion to the the demand and supply of the good would have the price of convenience that the computer should buy.
The order of Jenna's computer is as follows:
* Jenna's work computer broke down and she needs a new one or else she can't work.
It is inelastic in this regard because Jenna needs the computer immediately and will not expect a variation in market prices.
* Jenna uses her computer recreationally and wants to be able to listen to music with her friends in two days when they visit her.
The purchase of the computer can wait two days, since although you need it to spend time with your friends, it is not extremely necessary.
* Jenna's computer works fine, but she wants to buy a newer model.
The purchase of the computer can wait therefore the demand becomes more elastic
Answer: $350,017.50 is the break even point in total sales dollars
Explanation:Break even point in sales is calculated as:
first we need to calculate the contribution Margin per unit
= sales -variable cost
= 700,000-500,000
= 200,000 is the Contribution Margin per unit
Contribution Margin ratio is calculate thus:
= Contribution margin per unit / sales
= 200,000 / 700,000
= 0.2857
=28.57%
Now to calculate the BEP in sales
= fixed cost/CMR
= 100,000/28.57%
=100,000/0.2857
= 350,017.50
Answer:
C) localize; globalize
Explanation:
Localize the distribution variable happened because it was only for that specific location since Amway business model wasn´t possible in China they had to create a business model for that location, while globalizing their own products to offer the Chinese market things that would help them.
Answer:
$1,461
Explanation:
P(80-year-old female in the U.S. will die within 1 year) = 0.048711.
P(80-year-old female in the U.S. will survive one year) = 1 - 0.048711
P(80-year-old female in the U.S. will survive one year) = 0.951289
If 80-year-old female dies within one year, company will lose $(75000-x) but if she will survive, the company will make $x where x is the charge for its premium.
x(0.951289) - (30,000-x)0.048711 > 0
=> 0.951289x + 0.048711x - 30,000(0.048711) > 0
=> 1x - 1461.33> 0
=> x > 1461.33
=> x > 1461
x = $1,461