33,000 units must be sold this year to earn the same profit as earned last year.
It is given that, the contribution margin per unit will remain constant even though there is an increase in fixed cost.
We are not provided with the profits for any year.
But the fixed cost amount is provided. Previous year fixed cost = $ 20,000; Current year fixed cost = $ 26,000
There is an increase in the fixed costs of $6,000.
Profit earned in the previous year:
No. of units sold = 30,000; Contribution per unit = $2
Total contribution earned in previous year = $2 x 30,000 = $ 60,000
Fixed cost in previous year = $20,000
Profit = $60,000 - $ 20,000 = $ 40,000
Required:
Profit = $ 40,000;
Fixed cost = $26,000.
Total Contribution = Fixed Cost + Profit
Total Contribution = $ 26,000 + $ 40,000
Total Contribution = $ 66,000
Contribution per unit = $2 (Given)
Therefore, no. of units sold = Total Contribution / Contribution per unit.
No. of units sold = $66,000/$2
No. of units sold = 33,000 units.
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chegg the owners of the trademark to ""tiger king"" decide to wait three months before suing the netflix production. what theory best describes the plaintiff’s strategy to wait to sue?
The owners waited o sue because they were still registering the trademark to "tiger king" giving them ownership.
A trademark is any word, phrase, symbol, or design that identifies your goods or services, or a combination of these things. It is how customers identify you in the marketplace and differentiate you from your competitors. Trademarks and service marks are both referred to by the term "trademark."
A trademark is typically owned by the company that uses it. Simply having an idea for a trademark does not grant you ownership to that mark. In some cases, a company or individual may own a trademark and another company may be authorized, or licensed, to use the mark.
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If uber compares its performance in canada to the performance of lyft, it would be.
If uber compares its performance in canada to the performance of lyft, it would be benchmarking.
What is uber?
Based in San Francisco, Uber Technologies, Inc. (Uber) offers mobility as just a service, ride-hailing (which enables customers to reserve a vehicle and driver to transport them similarly to a taxi), food delivery (through Postmates and Uber Eats), package delivery, courier services, and freight transportation. Users can also book other modes of transportation through the Uber platform in the some locations thanks to alliances with other operators like Thames Clippers (boats) and Lime. At the time of the booking, Uber determines the prices, which vary using a vibrant pricing model based on the local supply and demand and are quoted to a customer in advance. Uber also earns a commission out of each booking. As of December 31, 2021, it operated in roughly 72 countries and 10,000 cities.
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Uber would be benchmarking if it evaluated lyft's performance in Canada in comparison to its own.
What is Uber?
Uber Technologies, a San Francisco-based company Inc. (Uber) provides ride-hailing, food delivery (through Postmaster and Uber Eats), package delivery, courier services, and freight transportation in addition to mobility as a service.
Customers can reserve a car and driver to transport them similarly to a taxi. Due to partnerships with other operators including Thames Clippers (boats) and Lime, users in various regions can also book other kinds of transportation using the Uber platform.
Uber establishes the prices at the time of the reservation; these costs vary based on a dynamic pricing model that takes into account the local supply and demand and are quoted to the customer in advance.
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compared to other high-income nations, the united states has group of answer choices the same level of economic inequality. almost no economic inequality. a classless society. more economic inequality.
The ratio of the classless society is 90th- to 10th-percentile accelerated from 12. ninety in 2020 to fifty-three in 2021. That approach earnings on the pinnacle of the earnings distribution became 13. fifty-three instances better than earnings on the bottom, a 4.9% growth from 2020.
The upward thrust in financial inequality withinside the U.S. is tied to numerous factors. These include, in no unique order, technological change, globalization, the decline of unions and the eroding cost of the minimal wage. Data for 2021 has been posted as a part of the 2022 Human Development Report. South Africa has the best earnings inequality as measured via way of means of the Gini coefficient.
According to current studies, to be withinside the pinnacle 1% of high-income earners withinside the U.S., you want to herald an annual profit of at least $597,815. This approach that the alternative 99% of earners withinside the U.S. make much less than this quantity according to year.
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in november, trinity donuts incurred $8850 in total costs related to the production of 3500 donuts. in december, trinity incurred $8600 in total costs. total fixed costs are $1850 per month. by how many donuts did the production change? (answer as a negative number if production has decreased).
The change of production unit is -125 as the production decreased from 3500 units to 3375 units.
Total cost = variable cost + fixed cost
While:
Variable cost = number of units x cost per unit.
The given parameters:
number of units (November) = 3500 donuts
fixed cost = $1850
total cost (November) = $8850
Hence,
November variable cost = total cost - fixed cost
= $8850 - $1850
= $7000
3500 x cost per unit donut = $7000
Cost per unit donut = $7000 / 3500 = $2
In December:
Total cost = $8600
December variable cost = total cost - fixed cost
= $8600 - $1850
= $6750
number of units x $2 = $6750
number of units = 6750 / 2 = 3375 donuts
Hence, the change of production is 3375 - 3500 = -125
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sales during the year were 500 units. beginning inventory was 250 units at a cost of $5 per unit. purchase 1 was 400 units at $6 per unit. purchase 2 was 200 units at $7 per unit. ending inventory under the fifo cost flow assumption (using a periodic inventory system) was:
Sales during the year were 500 units. beginning inventory was 250 units at a cost of $5 per unit. purchase 1 was 400 units at $6 per unit. purchase 2 was 200 units at $7 per unit. ending inventory under the fifo cost flow assumption (using a periodic inventory system) was:
Units in Ending inventory = 250 + 400 + 200 - 500
= 350
Ending Inventory = 200 × $7 + 150 × $6
= $2,300 answer.
Inventory refers to all the items, goods, merchandise, and materials held by a business for selling in the market to earn a profit. Example: If a newspaper vendor uses a vehicle to deliver newspapers to the customers, only the newspaper will be considered inventory.
While there are many types of inventories, the four major ones are raw materials and components, work in progress, finished goods and maintenance, repair and operating supplies
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the analyst turned on his banker's lamp, adjusted his eye shade, and slowly pulled a legal pad from his desk. his weathered hands punched the buttons on his desk calculator deliberately as he divided earnings by total assets in order to calculate:
The analyst divided earnings by total assets in order to calculate return on assets. The formula of return on assets is net income divided by total assets.
Return on assets or also known as ROA can be defined as a profitability ratio that measures how well a company is generating profits from its total assets. Return on assets is an important thing to know when investing. Investors can use Return on Assets when investing to find good stock opportunities because the percentage shows how efficient a company is at using its assets to generate profits.
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according to the gordon-growth model, what will be the percentage change in the value of the stock of a company whose current dividend is $10 and whose dividends had been expected to grow by 3% per year but now are expected to grow by 1% per year?
The percentage change in the value of stock based on Gordon Growth model is -23.7%. The intrinsic stock value that had been expected to grow by 3% per year is 147.14 and 1% per year is 112.22.
The Gordon Growth Model or also known as the dividend discount model can be described as a stock valuation method that calculates a stock’s intrinsic value. This dividend discount model is based on a future series of dividends that grow at a constant rate.
The formula of Gordon Growth model, is:
P = [tex]\frac{D(1+g)}{(k-g)}[/tex]
P = intrinsic stock value
D = current annual dividend per share
k = required annual rate per return
g = annual dividend growth rate
Intrinsic stock value = $10 * (1+3%)/(10%-3%)
Intrinsic stock value = 147.14
Intrinsic stock value = $10 * (1+1%)/(10%-1%)
Intrinsic stock value = 112.22
%Charge = (147.14-112.22)/147.14
%Change = -23.7%
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18. each service starts on a different date because the services depend on each other. enter the starting dates for the remaining services as follows:
The starting dates for the remaining services are mentioned below.
a. Copy the range from cell D7:D9 then select the cell D6 and paste the selection after selecting the given date format. Then the function is represented in the formula bar with adding +4;365 days.
b. Copy the range from cell D7:D9 then select the cell D6 and paste the selection after selecting given date format. Then, the function is represented in the formula bar with adding -3;365 days.
c. In the formula bar you have to type = 365 days; +2 : E6
d. In formula bar you can type =365 days; +2 : C6
The users can easily calculate complex calculation with just one function input with the help of Excel. There are certain worksheets also created using the Excel and then the same are are shared via link with each other.
Hence, the starting dates for the remaining services were mentioned.
The given question is incomplete, the complete question is-
Each service starts on a different date as the services depend on each other. So, enter the starting dates for the remaining services which are as follows:
a. In cell D6, enter a formula without using a function which adds 4 days to the value in cell 06.
b. In cell E6, enter a formula without using a function which can subtract 3 days from the value in cell C6
c. In cell F6, enter a formula without using a function that adds 2 days to the value which is in cell E6
d. In cell G6, enter a formula without using a function which adds 2 days to the value in cell C6.
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The part of staffing that involves seeking out and attracting qualified potential job candidates is called.
The part of staffing that involves seeking out and attracting qualified potential job candidates is called Recruiting.
Process way an assignment or work on one unique assignment. An instance of an activity is cleansing the restroom. An instance of an activity is a contractor agreeing to redo a bathroom. The candidate is a process seeker who has been pre-qualified for a particular role or class of jobs and has been thru the application process.
An energetic candidate is actively seeking out paintings. this doesn't necessarily imply unemployed, but it can. This group is looking for a new opportunity for a diffusion of motives: they're involved in their modern-day business enterprise's stability.
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describe your own experience with the contrast between society's trends toward globalism or nationalism over the past 10 years. what are the implications of these shifts for international businesses operating in the united states?
According to the logic of globalization, nationalism in the first scenario is anticipated to lose out and finally cede the spotlight to other supranational options.
It is feasible to distinguish between two different answers to this query. There are two schools of thought: one that views nations and nationalisms as losers of history, as a past phase in human development that is about to pass away and be replaced by other structures better suited to the planet's growing global interconnectedness; and another that views nationalism as the most potent and enduring political force that, far from dying out, is strengthening in response to the challenges of globalization. Despite their many differences, both perspectives have a similar understanding of how globalization and nationalism interact.
Since the two are inherently at odds with one another, their relationship will be one of resistance and conflict.
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the strategy where a company takes a product produced for the domestic market and then makes very minor changes to customize the product for global markets is the blank strategy. multiple choice question. global standardization transnational international localization
The appropriate choice is option (d). The International Strategy is the process by which a business adapts a product created for the domestic market to suit markets abroad with just minor alterations.
What exactly is international strategy?An international strategy, which entails importing or exporting goods and services while maintaining a head office or offices in the organization's home country, serves as the first step in the majority of firms' strategies for global development. For all corporate endeavors involving international expansion, there is no one approach that is effective.
What advantages does global strategy offer?One of the key advantages of global development is increased corporate growth. Organizations are able to expand more swiftly by entering international markets. Your product or service is made available to additional customers by broadening the company's global reach. This may lead to further growth.
Which international strategy is the most effective?The most effective technique is transnational, but it's also the most complicated in terms of interactions and communications. We can better grasp the connections between regional offices and corporate headquarters thanks to the graphic representation of the four basic models for worldwide strategy.
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serena invents a new, unique, long-life battery. a grant from the government that gives serena the exclusive right to make and sell the battery for a certain period of time is a question 23 options: a) trademark. v) patent. c) trade secret. d) copyright.
Serena invents a new, unique, long-life battery. A grant from the government that gives Serena the exclusive right to make and sell the battery for a certain period of time is patent.
What is government?
An organised community is governed by a system or group of people, typically a state. Government typically consists of the legislative, executive, and judicial branches in the particular instance of its broad associative definition. Government is a mechanism for making policy decisions as well as a way to enforce organisational policies. A declaration of the government's guiding principles and philosophy is the equivalent of a kind of constitution in many nations. The term "government" is frequently used more specifically to refer to the roughly 200 independent national governments as well as subsidiary organisations, even though all organisations have governance. Modern democracies, monarchies, as well as authoritarian and totalitarian regimes are the main varieties of political systems. The monarchy, the aristocracy, the timocracy, the oligarchy, democracy, theocracy, as well as tyranny have all been common forms of government throughout history.
Therefore, the correct option is (B) patent
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which term describes the inability of a market to bring about the allocation of resources that best satisfies the wants of society? multiple choice question. consumer deficit economic recession imperfect competition market failure
Market failure is the term that best describes the inability of a market to bring about the allocation of resources that best satisfies the wants of society.
In the field of business, market failure is a term that is used to describe a situation in which a market is unable to give its optimal results. In a market failure situation, there are not enough resources in the market that are required by the consumers.
The market of such a society that is unable to meet the requirements of the consumers leads to failure. A disequilibrium will arise between the supply and demand of resources in a market failure.
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ridez manufacturing currently produces 1,000 bicycles per month. the following per unit data apply for sales to regular customers: direct materials $50 direct manufacturing labor 8 variable manufacturing overhead 12 fixed manufacturing overhead 15 total manufacturing costs $85 the plant has capacity for 3,000 bicycles and is considering expanding production to 2,000 bicycles. what is the per unit cost of producing 2,000 bicycles?
The plant has capacity for 3,000 bicycles and is considering expanding production to 2,000 bicycles. The per unit cost of producing 2,000 bicycles is $77.5
Direct materials $50
Direct manufacturing labor $8
Variable manufacturing overhead $12
Fixed manufacturing overhead ( $15 × 1000) ÷ 2,000 $7.5
Total manufacturing costs = Direct materials + Direct manufacturing labor + Variable manufacturing overhead + Fixed manufacturing overhead = $77.5
A unit cost is the overall cost incurred by a business to create, hold, and sell one unit of a specific good or service. Cost of goods sold and unit costs are interchangeable terms (COGS).The phrase "variable overhead" is used to describe the varying production expenses connected to running a firm. Variable overhead costs change proportionally to changes in production output. Variable overhead is distinct from general overhead costs incurred by administrative duties and other functions that are subject to strict budgetary constraints.Learn more about Variable overhead, here
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the manager of a publishing company plans to give a $24,000 bonus to the top 11 percent, $13,000 to the next 35 percent, and $6,000 to the next 12 percent of sales representatives. if the publishing company has a total of 280 sales representatives, what is the expected bonus that the company will pay?
The expected bonus that the company will pay the expected bonus company pays= 2214800.
A bonus is a financial payment that exceeds the recipient's typical payment expectations. Companies may give bonuses to senior executives as well as entry-level workers. While incentives are typically given to great employees, businesses occasionally distribute bonuses to the entire workforce to quell employee resentment.
Bonuses can be offered as incentives to potential hires and can be paid to current employees to recognise their efforts and boost retention. A bonus issue, which is an offer of free additional shares of the company's stock, is one way for companies to give bonuses to its current shareholders. A bonus is a financial payment that exceeds the recipient's typical payment expectations.
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Say that you pay property taxes of $2458.20 every year. if your state has a property tax rate of 0.082, what is the assessed value of your property? a. $29,978 b. $20,157 c. $25,517 d. $21,946 please select the best answer from the choices provided a b c d
Your property has a $29,978 assessed value based on the data provided.
What is property?
Property is a system of rights that gives people legal control over valuable assets and also makes reference to the assets themselves. The owner may be able to ingest, modify, share, reframe, rent, mortgage, stooge, sell, transfer, give away, and even abandon the property depending on its nature; however, regardless of the nature of the property, the owner is always allowed to use the property throughout accordance with the rights to it that have been granted. In economics and political economy, there are three main types of property: private property, public property, and collective property (also called cooperative property).
Amount of property taxes: $2458.20
Rate of property tax: 0.08
Let's enter the formula.
Property value = $2458.20 /0.082
Property value is $29,978.
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Answer:
A
Explanation:
suppose demand for a product is 100 units a day and a factory produces seven days a week. which production schedule would be in line with the tps philosophy toward pace? multiple choice question.
Let's say a plant operates seven days a week and there is a daily demand for 100 units of a product. The plan would be in line with the tps pacemaking idea of 100 units every day.
A product is anything that can be delivered to the market to satisfy a client's need or want. In marketing, a product is an object, system, or service made available for consumer use based on consumer demand. Products are sometimes referred to as goods in the retail sector and are purchased as raw materials and then sold as finished goods in the manufacturing sector. Another category of goods is service.
A commodity can be anything that is readily available on the open market, but is usually raw commodities such as metals and agricultural products. In project management, "products" are the formally defined outputs of the project that constitute or help to achieve the project's objectives.
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during the month of july, clanton industries issued a check in the amount of $756 to a supplier on account. the check did not clear the bank during july. in preparing the july 31 bank reconciliation, the company should:
In July, the cheque failed to clear the bank. The business should: Subtract the check amount from the bank balance when doing the bank reconciliation for July 31.
What is bank reconciliation?Comparing information from cash books and related information from bank statements is known as bank reconciliation. It is an important procedure that guarantees the accuracy of the CFO's accounting records.
The five basic types of account reconciliation are bank reconciliation, vendor reconciliation, business-specific reconciliation, intercompany reconciliation, and customer reconciliation. Additionally, they all help you keep your balances.
The process of reconciliation guarantees the reliability and accuracy of financial data. A proper reconciliation procedure also makes sure that no illegal changes were made to transactions while they were being processed.
The equation is as follows: Bank statement balance = Cash account balance as per your records +/- reconciling items.
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The doctrine that allows a creditor to seek recovery from the purchaser of assets even when the purchaser did not expressly assume such liabilities as part of the purchase is called.
The doctrine that allows a creditor to seek recovery from the purchaser of assets even when the purchaser did not expressly assume such liabilities as part of the purchase is called successor liability.
What is successor liability?Successor liability develops when the acquiring firm is held accountable and liable for the target company's duties, such as its contractual obligations.
a state legal principle that enables a creditor to pursue recourse against the buyer of assets for obligations that weren't taken on as part of an acquisition. The idea of successor liability is more frequently used in cases involving products liability, environmental cleanup, and employment law.
The defence of successor liability in asset acquisitions is generally understood to have four classic exceptions. According to how they are typically written, those exceptions are that the buyer does not take on the seller's obligations unless there is either an express or implied agreement to do so, a consolidation or merger of the two corporations, a purchase corporation that is merely a continuation of the seller, or a fraudulent transfer of assets to the buyer with the intention of avoiding responsibility for the seller's debts.
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the weighted moving average forecasting model uses a weighting scheme to modify the effects of individual data points. this is its major advantage over the simple moving average model. the weighted moving average forecasting model uses a weighting scheme to modify the effects of individual data points. this is its major advantage over the simple moving average model. true false
The weighted transferring common forecasting version makes use of a weighting scheme to alter the results of person facts points. that is its primary gain over the easy transferring common version. the weighted transferring common forecasting version makes use of a weighting scheme to alter the results of person facts points. that is its primary gain over the easy transferring common version is true.
Forecasts produced the usage of exponential smoothing strategies are weighted averages of past observations, with the weights decaying exponentially due to the fact the observations get older. In one-of-a-kind words, the more ultra-modern the declaration the higher the associated weight.
Quantitative forecasts lease one or more mathematical models that rely upon historical information and/or casual variables to forecast demand. Qualitative forecasts include such factors due to the fact the choice maker's intuition, emotions, private experiences, and rate system.
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present value: what is the present value of a property now if its future value is predicted to be $5,000,000 at the end of 5 years, assuming a discount rate of 7.5% per year (compounded annually)?
If the future value is predicted to be $5,000,000 at the end of 5 years, assuming a discount rate of 7.5% per year. Then the Present value is $3,482,793.16
Present value = [tex]\frac{C}{(1+r)^n}[/tex]
C = Future cash flowr = Discount raten = Number of periodsPresent value = [tex]\frac{5000000}{(1+7.5)^5}[/tex]
= $3,482,793.16
A future sum of money or stream of cash flows' present value (PV), assuming a particular rate of return, is their present value. The discount rate determines the present value of future cash flows; the greater the discount rate, the lower the present value of the future cash flows. The key to correctly valuing future cash flows, whether they be earnings or debt obligations, is determining the right discount rate.Assuming that a rate of return might be achieved on the money during the time is necessary to calculate present value.The predicted cash flows of an investment are used to compute present value by discounting them to the present.Learn more about Present value (PV), here
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a salesperson working out of a branch office has been disciplined for committing a violation of licensing law. is the primary broker responsible for the salesperson's actions?
Yes, Primary Brokers are accountable for ALL of the licensed salespeople who work for them. If a salesperson who works from a branch office has been punished for breaking the licensing law.
Prime brokers function as an intermediary between hedge funds and two important counterparties in addition to offering a comprehensive range of custodial and financial services to their hedge fund clients. Large institutional investors, such pension funds, which have sizable licensing law equity holdings and may consequently provide assets to lend for short-selling purposes are the first of these crucial counterparties.
Commercial banks who have sufficient funds on hand to make sizable loans for margin purposes make up the second key group of Primary Brokers counterparties. These two counterparties allow hedge funds to borrow stocks and bonds from large institutional investors in order to engage in widespread short selling on a large scale. They also allow hedge funds to maximize their investment returns through leverage by licensing law obtaining margin financing from commercial banks. In exchange for helping to Primary Brokers complete the transaction, the prime brokerage earns money by adding a fee, such as a spread or premium, to the loan from a commercial bank.
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What type of decision-support system analysis uses a backward solution approach that attempts to calculate the value of the inputs necessary to achieve a desired level of output?.
Goal-Seeking Analysis of decision-support system analysis uses a backward solution approach that attempts to calculate the value of the inputs necessary to achieve a desired level of output.
Breaking down a complicated subject or thing into simpler components to better understand it is called analysis (plural: analyses). Even though analysis as a formal term is a relatively new invention. The word is derived from the letter "v" in Ancient Greek.
We could just make out the distant sound of the approaching train. to approach something or someone in space, time, quality, or amount
In aviation, an instrument approach or instrument approach procedure (IAP) is a set of predetermined maneuvers for the safe and orderly transfer of an aircraft operating under instrument flight rules from the start of the initial approach to the landing or to a point from which a landing can be done visually.
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a. expectations are that china and india may use less oil in the next year. how will this affect the market price of oil? how will this affect be oil’s decision of which wells to drill and their overall production?
Expectations are that China and India may use less oil in the next year. This will decrease the market price of oil.
Between 2003 and 2008, economies, such as those of China and India, contributed to an increase in oil prices. Hamilton (2009a, 2009b) further showed that the 2008 oil price increases were brought on by China's strong demand competing with the declining global oil production.
The region's animal and fish populations as well as human populations can be affected by oil extraction and/or transportation. The surrounding wildlife and habitat suffer greatly as a result of oil waste dumping, production pollution, and spills. Ecosystems on land and in the ocean may be harmed by oil exploration and drilling.
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if a firm prices a product low, it may signal to a customer that blank . multiple choice question. that the product outperforms its competitors the product is a brand new offering there is strong demand for the product the product is of questionable quality\
Answer: the product is of questionable quality.
Explanation:
What do you think is the reason for more demand of a Channel bag whereas lower of Baggit; the answer is simple with the higher price tags we assume that particular product to be better then the other one in the market.
It falls in the category of Giffen goods i.e it's the type of goods for which the demand increases as the increase in its price.
Let's take an example while buying a food item we first check its quality and even if the two of them are identical in every aspect we try to go for the expensive one because we have a mindset which says the expensive, the better.
if modern company received $3,300 from connor young on march 12 for the total amount of an account that had been written off on march 1, the entry to reinstate the account under the allowance method would include a
The entry to reinstate the account under the allowance method would include a credit to Allowance for Doubtful Accounts of $3,300.
An allowance is a quantum of plutocrats given or distributed generally at regular intervals for a specific purpose. In the environment of children, parents may give an allowance to their child for their eclectic particular spending.
The normal balance for Allowance for Doubtful Accounts is a credit balance. A company with a disbenefit or zero balance will have an advanced conforming entry than a company with a credit balance, and a company with a zero or credit balance will have a lower conforming entry than a company with a disbenefit balance, handed both companies need the same ending balance.
still, the only correct option is that Stanley had a disbenefit balance and Fowler had a credit balance in their Allowance for Doubtful Accounts at the end of 2017, If Stanley Cleaning Services has a larger conforming entry than Fowler Landscaping.
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activity-based versus traditional operational control systems the actions listed next are associated with either an activity-based operational control system or a traditional operational control system:
The following have been divided into two categories i.e., Traditional Control System and Activity-Based Control System.
a) Budgeted costs for the maintenance department are compared with the actual costs of the maintenance department. -Traditional Control System
b) The maintenance department manager receives a bonus for "beating" budget. -Traditional Control System
c) The costs of resources are traced to activities and then to products.
-Activity-Based Control System
d) The purchasing department is set up as a responsibility center.
-Traditional Control System
e) Activities are identified and listed. -Activity-Based Control System
f) Activities are categorized as adding or not adding value to the organization. -Activity-Based Control System
g) A standard for a product's material usage cost is set and compared against the product's actual materials usage cost. -Traditional Control System
h) The cost of performing an activity is tracked over time. -Activity-Based Control System
i) The distance between moves is identified as the cause of materials handling cost. -Activity-Based Control System
j) A purchasing agent is rewarded for buying parts below the standard price set by the company. -Traditional Control System
k) The cost of the materials handling activity is reduced dramatically by redesigning the plant layout. -Activity-Based Control System
l) An investigation is undertaken to find out why the actual labor cost for the production of 1,000 units is greater than the labor standard allowed.
-Traditional Control System
m) The percentage of defective units is calculated and tracked over time.
-Activity-Based Control System
n) engineering has been given the charge to find a way to reduce setup time by 75 percent. -Activity-Based Control System
o) The manager of the receiving department lays off two receiving clerks so that the fourth-quarter budget can be met.
-Traditional Control System
The complete question is here:
Activity-Based versus Traditional Operational Control Systems
The actions listed next are associated with either an activity-based operational control system or a traditional operational control system:
Required:
Select the following actions as belonging to either an activity-based operational control system or a traditional control system.
a. Budgeted costs for the maintenance department are compared with the actual costs of the maintenance department.
b. The maintenance department manager receives a bonus for "beating" budget.
c. The costs of resources are traced to activities and then to products.
d. The purchasing department is set up as a responsibility center.
e. Activities are identified and listed.
f. Activities are categorized as adding or not adding value to the organization.
g. A standard for a product's material usage cost is set and compared against the product's actual materials usage cost.
h. The cost of performing an activity is tracked over time.
i. The distance between moves is identified as the cause of materials handling cost.
j. A purchasing agent is rewarded for buying parts below the standard price set by the company.
k. The cost of the materials handling activity is reduced dramatically by redesigning the plant layout.
l. An investigation is undertaken to find out why the actual labor cost for the production of 1,000 units is greater than the labor standard allowed.
m. The percentage of defective units is calculated and tracked over time.
n. Engineering has been given the charge to find a way to reduce setup time by 75 percent.
o. The manager of the receiving department lays off two receiving clerks so that the fourth-quarter budget can be met.
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________ is a business strategy in which a company purchases its upstream suppliers to ensure that its essential supplies are available as soon as the company needs them.
Vertical integration is a business strategy in which a company purchases its upstream suppliers to ensure that its essential supplies are available as soon as the company needs them. Vertical integration can occurs when one company acquires a vendor, distributor, supplier, producer, or other related company within the same industry.
A business strategy can be defined as the specific ways in which an organization plans to position itself, grow over a period of time, and also achieve its short-term and long-term goals.
There are several examples of business strategies, such as Improve customer retention and Improve customer service. So, we can conclude that customer is an important point for business strategy.
There are several types of business strategies, such as:
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when firms set prices similar to those of competitors, they are following a strategy of question 5 options: me-too pricing. copycat pricing. competitive parity. market-broadening pricing. industry-standard pricing.
Competition-based pricing is likewise called competitive pricing or competitor-primarily based pricing.
This pricing method focuses on the prevailing marketplace price (or going rate) for a corporation's product or service; it would not don't forget the fee for their product or consumer call for.
Value-based, competition-based, value-plus, and dynamic pricing are all fashions that are used regularly, depending on the industry and enterprise version in question.
Competition-based pricing is a strategy through which the rate varies consistently with versions within the rate of competition.
The product rate is indifferent to a client's willingness to pay or product value and is connected totally to competitor fees.
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virtually all of the growth in new jobs will come from manufacturing industries.virtually all of the growth in new jobs will come from manufacturing industries.
False, Growth in new jobs has several other factors than manufacturing industries such as literacy, wage rate, etc.
The number of employees added to nonfarm payrolls each month as reported by the United States is used to measure job growth in that country. To support a substantial increase in jobs, technological developments are anticipated to continue developing quickly.
Occupational Labor Statistics (BLS). It is an important gauge of how quickly the economy is growing. Nonfarm payrolls are included in the BLS's Employment Situation Summary, a widely read data publication also known as the monthly employment report.
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Complete Question: (True/False) Virtually all of the growth in new jobs will come from manufacturing industries.