(1) The selling price per unit using the total cost method with a markup of 180% of total costs is $1,148. (2) The target cost per unit is $380. (3) The selling price per unit using the variable cost method with a markup of 200% of variable costs is $1,017.
To compute the selling price per unit using the total cost method and a markup of 180% of total costs, we need to calculate the total cost per unit and then add the markup.
Total cost per unit = Direct materials + Direct labor + Variable overhead + Variable selling, general, and administrative costs + Fixed overhead costs + Fixed selling, general, and administrative costs
Total cost per unit = $245 + $25 + $36 + $33 + $46 + $25
= $410
Markup = Total cost per unit × Markup percentage
= $410 × 180%
= $410 × 1.8
= $738
Selling price per unit = Total cost per unit + Markup
= $410 + $738
= $1,148
Therefore, the selling price per unit using the total cost method with a markup of 180% of total costs is $1,148.
To compute the target cost per unit when the expected selling price is $950 per unit and the target profit is 60% of the expected selling price;
Target cost per unit = Expected selling price per unit - Target profit per unit
Target profit per unit = Target profit percentage × Expected selling price per unit
= 60% × $950
= $570
Target cost per unit = $950 - $570
= $380
Therefore, the target cost per unit is $380.
To compute selling price per unit using variable cost method and a markup of 200% of variable costs;
Variable cost per unit = Direct materials + Direct labor + Variable overhead + Variable selling, general, and administrative costs
Variable cost per unit = $245 + $25 + $36 + $33
= $339
Markup = Variable cost per unit × Markup percentage
= $339 × 200%
= $339 × 2
= $678
Selling price per unit = Variable cost per unit + Markup
= $339 + $678
= $1,017
Therefore, the selling price per unit using the variable cost method with a markup of 200% of variable costs is $1,017.
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The title of this talk is “Profit’s Not Always the Point.” But do you think profit is an added perk for companies that make the effort to promote positive social change? Explain.
yes, no matter what company say, they need money for funding for "social change"
how can the second and third phases of development planning be used to improve as a leader?
The second and third phases of development planning, typically known as implementation and evaluation, are crucial for leaders to improve their effectiveness and growth.
These phases provide opportunities for leaders to reflect, adapt, and enhance their leadership skills. Here are some ways these phases can be used to improve as a leader:
Implementation: During the implementation phase, leaders have the chance to put their plans into action and lead their teams towards achieving goals. This phase allows leaders to gain hands-on experience and learn from practical challenges. To improve as a leader during this phase, one can:
Actively engage with the team: Communicate regularly, provide guidance, and foster a collaborative environment to strengthen relationships and build trust.
Seek feedback: Regularly solicit feedback from team members and stakeholders to understand their perspectives, identify areas for improvement, and adapt leadership approaches accordingly.
Demonstrate adaptability: Stay flexible and responsive to changes in the external environment or within the team. Adjust strategies and tactics as needed to ensure alignment with organizational objectives.
Evaluation: The evaluation phase involves assessing the outcomes and impact of the implemented plans. This phase is essential for leaders to reflect on their performance, learn from successes and failures, and make necessary adjustments. To improve as a leader during this phase, one can:
Reflect on achievements and challenges: Analyze the results and identify what worked well and what could have been done differently. Take time for introspection and self-assessment to gain insights into personal strengths and areas for development.
Learn from mistakes: Embrace failures as learning opportunities. Identify the root causes of any shortcomings and develop strategies to avoid similar pitfalls in the future. Encourage a culture of learning from failures within the team as well.
Seek developmental opportunities: Engage in continuous learning and development through various channels such as workshops, courses, coaching, or mentoring. Leverage feedback from evaluations to target specific areas for growth.
By actively participating in the implementation and evaluation phases, leaders can gain valuable insights, refine their leadership skills, and drive personal and professional growth. These phases allow leaders to adapt their approaches, leverage feedback, and continuously learn, ultimately becoming more effective and impactful in their leadership roles.
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In a hierarchical organization, the upper levels consist of:
a.managerial and professional employees.
b.managerial, professional, and technical employees.
c.professional and operational employees.
d.managerial, professional, and operational employees
In a hierarchical organization, the upper levels consist of managerial and professional employees. The answer is option A:
A hierarchical organization typically has a vertical structure where authority and decision-making flow from top to bottom. The upper levels of the hierarchy are occupied by individuals who hold managerial positions and oversee the operations of the organization. They are responsible for setting strategic direction, making important decisions, and managing the overall functions of the organization. Additionally, professional employees, such as those with specialized expertise or advanced qualifications in their respective fields, are also part of the upper levels. These individuals contribute their specialized knowledge and skills to support the organization's goals.
Therefore, the answer is option A: managerial and professional employees.
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Use the drop-down menus to complete the statements. inflation is a measure of how prices . disinflation occurred . the inflation rate was about in 2014. overall, prices declined .
Inflation, Disinflation, and Deflation are related economic terms, as inflation measures price increase, Disinflation is inflation at a slower rate, and the inflation rate in 2014 was 1.5%
What are Inflation, Disinflation, and Deflation?Inflation is the goods and services price increase, Disinflation is the same as inflation but at a slower pace, and Deflation is a decrease in the price of goods and services.
Inflation is measured by an increase in pricesDisinflation occurs when inflation occurs at a slower pace in the short run. it occurred between the years 2008 and 2009.The inflation rate in 2014 was about 1.5% in the United States. In 2009 there was a decline in inflation.Therefore, the above option aptly describes inflation, Disinflation, and Deflation.
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Answer:
Use the drop-down menus to complete the statements.
Inflation is a measure of how prices
✔ increase
.
Disinflation occurred
✔ between 2008 and 2009
.
The inflation rate was about
✔ 1.5 percent
in 2014.
Overall, prices declined
✔ in 2009 only
.
Explanation:
The total greenhouse gas emissions generated by people, things, events, or groups are called _____ footprints.
The answer is carbon footprints I think
Under the Commerce Clause, it is possible for California to tax wine imports from Canada without any
concern regarding whether this tax conflicts with federal law.
True
False
Answer:
False
Explanation:
The answer is False. Under the Commerce Clause of the US Constitution, which gives the federal government the power to regulate commerce among the states, it may be possible for California to tax wine imports from Canada, but the tax must not conflict with federal law. In other words, if the tax would put Canadian wine imports at a disadvantage compared to domestic wine, it could be considered unconstitutional. To avoid this, California would need to ensure that its tax applies to both domestic and foreign wines in the same way.
The COUNTA function returns the number of cells in a range containing which features?
Answer:
any type of information, including error values and empty text
Willingness to pay Group of answer choices measures the value that a buyer places on a good. is the amount a seller actually receives for a good minus the minimum amount the seller is willing to accept. is the maximum amount a buyer is willing to pay minus the minimum amount a seller is willing to accept. is the amount a buyer is willing to pay for a good minus the amount the buyer actually pays for it.
Answer:
measures the value that a buyer places on a good.
Explanation:
A product can be defined as any physical object or material that typically satisfy and meets the demands, needs or wants of customers. Some examples of a product are mobile phones, television, microphone, microwave oven, bread, pencil, freezer, beverages, soft drinks, etc.
Willingness to pay measures the value that a buyer places on a good or product. Thus, when this value is high, the customer would ultimately buy a product and vice-versa.
Consider an economy (with no government) where:
X
0
=10,000
M=200+0.2Y
Y
∗
=40,000
a. Draw a net exports graph demonstrating the export and import functions. Include the intercept and slope for both functions, b. Calculate the trade surplus/deficit, and show where the equilibrium point belongs on your graph from (a). c. On your graph from (a), demonstrate the change we would expect if consumer expectations worsened.
a. Net exports graph:Export function: X = 10,000
Import function: M = 200 + 0.2Y
b. Trade surplus/deficit calculation:Y* = 40,000
Given Y* = Y, the equilibrium point is where M = X.200 + 0.2Y = 10,000
0.2Y = 9,800Y = 49,000
Trade balance = X - M
Trade balance = 10,000 - (200 + 0.2(49,000))Trade balance = 10,000 - (200 + 9,800)
Trade balance = 10,000 - 10,000Trade balance = 0
The economy has a trade balance of zero, indicating neither a surplus nor a deficit.
c. worsen, it would likely lead to a decrease in domestic demand and a decrease in the level of income (Y). This would shift the import function downward.
On the graph from part (a), the import function would shift downward, indicating a decrease in imports at each level of income. The new equilibrium point would be at a lower level of income, reflecting the decrease in domestic demand caused by the worsened consumer expectations.
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tan-o-rama is a local tanning salon. its regression output is as follows: coefficients intercept 4,635.53 x variable 1 2.51 suppose that the company charges $8.00 per tanning session. required: calculate the unit contribution margin. calculate contribution margin ratio. calculate the total contribution margin if the shop books 1,050 tanning sessions this month.
The unit contribution margin is $5.49, the contribution margin ratio is 68.63%, and the total contribution margin for the month if the shop books 1,050 tanning sessions is $5,766.50.
To calculate the unit contribution margin, we need to first calculate the variable cost per tanning session. Since the only variable cost mentioned in the question is the cost of the x variable, we can assume that the variable cost per tanning session is 2.51.
Unit contribution margin = selling price per unit - variable cost per unit
Selling price per unit = $8.00
Variable cost per unit = $2.51
Unit contribution margin = $8.00 - $2.51 = $5.49
To calculate the contribution margin ratio, we need to divide the unit contribution margin by the selling price per unit.
Contribution margin ratio = (Unit contribution margin / Selling price per unit) x 100
Contribution margin ratio = ($5.49 / $8.00) x 100
Contribution margin ratio = 68.63%
To calculate the total contribution margin if the shop books 1,050 tanning sessions this month, we can simply multiply the unit contribution margin by the number of tanning sessions.
Total contribution margin = Unit contribution margin x Number of tanning sessions
Total contribution margin = $5.49 x 1,050
Total contribution margin = $5,766.50
Therefore, the unit contribution margin is $5.49, the contribution margin ratio is 68.63%, and the total contribution margin for the month if the shop books 1,050 tanning sessions is $5,766.50.
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Scotty's has earnings per share of $2.98 and dividends per share of $0.35. What is the firm's sustainable growth rate if its return on equity is
Calculating a firm's sustainable growth rate is an important financial metric that determines the rate at which a company can grow without resorting to external financing. This growth rate is dependent on various factors such as earnings per share, dividends per share, and the return on equity.
In this scenario, Scotty's has earnings per share of $2.98 and dividends per share of $0.35. To calculate the firm's sustainable growth rate, we need to determine the return on equity. The return on equity is the net income divided by the average shareholders' equity. Assuming Scotty's has a net income of $100 million and a shareholders' equity of $500 million, its return on equity would be 20%.
The formula to calculate the sustainable growth rate is: Sustainable Growth Rate = Return on Equity x (1 - Dividend Payout Ratio)
Assuming Scotty's has a dividend payout ratio of 30%, we can calculate the sustainable growth rate as follows:
Sustainable Growth Rate = 20% x (1 - 30%) = 14%
Therefore, Scotty's sustainable growth rate is 14%. This means that the company can grow at a rate of 14% without requiring external financing while also maintaining its dividend payout ratio. However, if the firm desires to grow at a rate greater than 14%, it will need to rely on external financing options such as issuing debt or equity.
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If I was gonna be a business person what would I be and why?
Answer:
peter druker and write about him and the stuff he did write that he is the person u look up for
If you had to get a credit card today, which one would choose and why? Would it be Capital one card, Petal card, petal cash back card, discover card student cash back ?
Answer:
Capital one card,
If you need a credit card today, you should apply for either an American Express card, a Capital One card or one of the store cards that offer instant use. While it’s pretty common to get approved for a credit card the same day if you apply online, you’ll still usually have to wait another 7-10 business days before your card comes to use it.
All American Express cards give you the potential for an instant card number after approval, which will give you access to part of your credit line until your card arrives. Capital One cards also provide instant use through the Capital One app, but that’s only possible if you’re an existing Capital One cardholder. Store cards, such as the Target Credit Card, may give you an instant number or code to use as a temporary version of your card.
II. Fill in the blanks with the North or the South. 20% Manufacturing the Confederacy 2) 3) the Union 8) Plantation 2) Free States Slave States. 9) Ulysses S. Grant 5)______ Robert E. Lee 10)
20% Manufacturing the Confederacy 2) The South 3) The North the Union 8) The South Plantation 2) The South Free States Slave States. 9) The North Ulysses S. Grant 5) The North Robert E. Lee 10)
In the context of the American Civil War, the terms "North" and "South" refer to the opposing sides in the conflict. The North, also known as the Union, consisted of the free states that remained loyal to the United States government. The South, also known as the Confederacy, comprised the slave states that seceded from the Union.
During this period, the South heavily relied on the plantation system, where large-scale agriculture, particularly cotton production, was dominant. The plantation economy was based on slave labor and characterized the Southern states.
In contrast, the North had a more diversified economy that included manufacturing industries. The North, with its greater industrialization, had a higher percentage of manufacturing activity compared to the South.
Ulysses S. Grant was a prominent Union general who played a crucial role in the Union's victory during the Civil War. Robert E. Lee, on the other hand, was a Confederate general who led the Southern forces.
Overall, the Civil War represented a clash between the North and the South, with economic, political, and social factors contributing to the divide between the two regions.
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Which type of skills can help you determine what your customers want?
A. Speaking skills
B. Writing skills
C. Listening skills
D. Math skills
Please select the best answer from the choices provided A B C D
Answer:
C. Listening skills
Explanation:
By listening to a customer, you can determine what they want.
Improving listening skills can help you better understand and help customers.
I hope this helps.
Answer: C edge 2021
Explanation:
ur a real one :)
Vendors submit invoices prior to receiving purchase orders from companies.
True
False
Answer:
False
Explanation:
Only after the purchase was approved
Greyson construction has the following account balances at the end of the year. Accountsbalances equipment$19,000 accounts payable1,600 salaries expense26,000 common stock12,000 land11,000 notes payable13,000 service revenue32,000 cash4,600 retained earnings?
Retained Earnings = $19,000 (equipment) + $11,000 (land) + $32,000 (service revenue) + $4,600 (cash) - $1,600 (accounts payable) - $13,000 (notes payable) - $12,000 (common stock) - $26,000 (salaries expense). Retained Earnings = $14,000.
What are retained earnings?Retained earnings are the amount of a company's net income that is not given out as dividends to shareholders but is instead retained by the firm for reinvestment in the business. Retained profits are a significant source of funding for businesses looking to grow, expand, or invest in new ventures. The retained earnings balance develops over time as the firm generates profits and reinvests a part of those profits back into the business. Retained earnings can also be utilised to pay down debt, repurchase stock, or make other strategic investments. The amount of retained earnings a firm has may be viewed on the balance sheet in the equity section.
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Contribution margin is:
A) Revenues divided by fixed costs
B) Revenues minus variable cost
C) Revenues plus variable cost
D) Net Sales
E) None of these
The correct answer for the definition of contribution margin is B) Revenues minus variable costs.
Contribution margin is the amount of revenue that remains after deducting the variable costs associated with the production or sale of a product. It is a useful tool for determining the profitability of individual products or services, as it helps to assess the amount of revenue that contributes towards covering the fixed costs of a business.
By calculating the contribution margin, a business can determine the level of sales volume required to break even or generate a profit. This information is important for making strategic decisions regarding pricing, cost management, and product mix.
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Please read the following case study carefully and answer the questions that follow.
When Stephanie Mayer first started working as an office assistant with AOC Enterprises Limited, she was eager and enthusiastic. She was determined to prove herself a valuable employee, so she willingly accepted additional duties and responsibilities. She eventually found that she had more work than she could manage and was unable to type some essential documents before they were due. She told her supervisor that she had placed them on her desk the previous evening, but apparently someone had moved them. When reprimanded by her supervisor, she became offended and reminded him how much she usually does for the business. She withdrew her enthusiasm and began complaining that her boss was ungrateful.
List THREE positive and THREE negative qualities that Stephanie displayed. (6points)
State TWO poor decisions Stephanie made. (2 points)
Suggest THREE ways in which Stephanie could have prevented this conflict. (6 points)
Explain how the business can be affected by the deterioration of the relationship between Stephanie and her supervisor. (4 points)
The positive qualities that Stephanie displayed include passion, determination, self-reliance while the negative qualities that she displayed include impatience, apathy, and lack of respect.
The poor decisions that were made by Stephanie include:
Complaining about how ungrateful her supervisor was.Shouting back at her supervisor rather than trying to resolve the issue.The ways that Stephanie could have prevented this conflict include:
Explaining what really happened to her supervisor.Not complaining about the ungratefulness of her boss.She could have been patient as well rather than confronting her supervisor.The deterioration of the relationship between Stephanie and her supervisor can bring about disunity in the workplace and this can lead to lower productivity.
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In pure competition, producers compete exclusively on the basis of
a. selling identical items.
b. advertising heavily to promote their good.
c. producing the unique features of their good.
d. focusing on maintaining a positive image.
Answer:
a. selling identical items.
Explanation:
A pure competition market is characterized by many firms selling a homogeneous product in a market with many buyers. There are no dominant suppliers; hence no single or group of sellers can influence the price. Pure competition is also the perfect competition.
The key characteristics of pure competition are
There are many buyers and sellersAll firms sell an identical productAll sellers are price takers. None can influence pricesThere is intense competition due to the high number of sellersEase of entry and exit from the market.A. selling identical items.
You recently stepped into the role of information security manager at a medium-sized e-commerce company with roughly 500 to 1,000 employees organization-wide. the company has hired a third-party consultant to evaluate its information security posture. the consultant has concluded the evaluation and noted several high security risks. these action items must be addressed to ensure that the company's information assets are secure. Required:
Your task is to provide recommendations to address multiple identified security risks and explain your decisions to your leadership team.
As the newly appointed information security manager at our e-commerce company, I have reviewed the third-party consultant's evaluation and identified several high-security risks that need to be addressed to ensure our information assets are secure.
To begin with, we need to establish a comprehensive security awareness training program for all our employees. This program should cover best practices for password management, email and internet use, and identifying and responding to social engineering attacks.
We also need to implement a strict access control policy to ensure that only authorized personnel have access to sensitive information. This includes implementing two-factor authentication, limiting user privileges to a need-to-know basis, and regularly reviewing access logs to identify any suspicious activity.
Another critical area we need to address is our network security. This involves implementing robust firewalls, intrusion detection and prevention systems, and regular vulnerability assessments to identify and patch any security flaws in our systems.
Lastly, we need to ensure that our data backup and disaster recovery plans are up to date and tested regularly. This includes storing critical data off-site and having a well-defined plan in place for recovering from any data loss or system downtime.
Overall, these recommendations will help mitigate the identified security risks and ensure that our information assets are secure. As the information security manager, I am committed to working with our leadership team to implement these measures and continually assess our security posture to stay ahead of emerging threats.
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Understand the difference between exclusive provider organization and point of service providers.
Flexibility is typically the most significant distinction between PPO and POS plans. At a higher cost, a PPO, or Preferred Provider Organization, gives you a lot of flexibility to see the doctors you want. Plans for Point of Service (POS) have lower prices but fewer options.
With limited coverage or reimbursement for out-of-network providers, a PPO offers greater flexibility. An EPO has fewer restrictions and provides less coverage or reimbursement for providers outside of the network. An EPO typically costs less than a PPO for members who are careful with their money.
How do EPO and HMO differ from one another?
The primary difference between an HMO and an EPO is that an HMO requires you to choose a primary care physician (PCP) to plan your medical care and refer you to specialists.If you have an EPO, you can talk to experts without getting a referral.
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Why do you think it is important to understand GDP?
Why do you think it’s important to find a career that matches your personality? Come up with an example (real or made-up) of a person who has a career/personality conflict and explain what might be some negative consequences of having a career that doesn’t match your personality traits.
I need q 4 and 5 please:)
Resource scientists help the understanding in which of the following areas
The resource scientists gives an insight into some areas that includes
commerceenergytransportationagriculture etcWho are the resource scientists?These are scientist that deals with extraction of substance which exists in the earth and could be extracted someday at some price with some technology.
Most times, these resource scientists work with other geoscientists or social scientists to help solve arising issues in their departments.
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Resource scientists help understanding and solve the issues in areas such as commerce, energy, transportation, agriculture, and the environment.
What is a resource scientist?A resource scientist is someone who conducts research on climate, weather, and site conditions.
Resource scientists generally works with the geoscientists or social scientists to help them in getting the solution for the issues related to the agriculture, environment etc.
The quality or skills that is needed for the resource scientist are critical thinking, math skills, writing skills, communication etc.
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Which statement best explains the decrease in manufacturing jobs over the next few years?
1)There is not enough demand for manufactured goods.
2) These jobs are often outsourced to overseas factories.
3)There are not enough skilled workers to fill the positions.
4)The cost of technical training and on-the-job training is high.
Answer:
2) These jobs are often outsourced to overseas factories.
Explanation:
The correct option is B. These jobs are often outsourced to overseas factories which best explains the decrease in manufacturing jobs over the next few years.
What is the effect of outsourcing jobs?Outsourcing jobs enables American businesses to compete more effectively on a global scale. With abroad branches, they are able to sell to foreign markets. By employing in developing nations with lesser standards of living, they maintain low labor prices. As a result, the prices of the commodities they ship back to the US are reduced.
Production outsourcing has significant effects on labor and material costs, with a tendency to drive up material costs and drive down labor costs. This study also demonstrates that process techniques do not moderate the impact of high levels of supplier integration on total COGS.
The best choice is B. The loss in manufacturing jobs over the next years can be best explained by the fact that these positions are frequently outsourced to manufacturers in other countries.
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Taking notes is likely to increase your
A. Enunciation
B. Focus
C. Speaking ability
D. Logic
Answer:
A. Enunciation
Explanation:
Answer:
A
Explanation:
HELP LOTS OF POINTS!!
Which information in the accounts payable subsidiary journal is entered after
the amount of credit or debit?
A. The name of the vendor
B. The terms of the sale
C. The balance
D. The date
Answer:
D
Explanation:
Answer: the balance
Explanation: because
Can someone please help?? 15 POINTS!
Answer:
mps mean extra dollars of household saved and mpc means extra dollars of household money that is consumed