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ozzi
2 years ago
4

The following information pertains to the Midwest Division of Clearly Natural Company:

Business
1 answer:
Andrews [41]2 years ago
7 0

Answer:

The correct answer is option (d).

Explanation:

According to the scenario, the computation of the given data are as follows:

We can calculate the contribution margin by using following formula:

Contribution Margin = Sales - Variable cost - Operating expenses -Controllable fixed cost by manager

By putting the value in the formula, we get

Contribution Margin = $25,000 - $7,200 - $2,700 - $2,400

= $12,700

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Generating ideas often includes brainstorming or brainwriting. These techniques can be an effective way to produce the best idea
Lady bird [3.3K]

Answer:

1- a. Use flip-charts and classify ideas.

2) a. Crowd-storming.

Explanation:

1- To improve the group's brainstorm, Jeanne should use flipcharts and classify ideas.

Flipcharts is a whiteboard used as a visual resource, which allows the best visualization of graphics, new ideas, etc., in a dynamic and summarized way, since this visual resource attracts attention, records and helps in the fixing of content and central ideals.

2- The situation represents crowdstorming, which is a marketing strategy used when an organization wants to improve the services and products offered through interaction with groups of employees who can even be consumers, as in the case above.

This strategy helps in better brand positioning, by receiving direct feedbacks from the potential public, which helps in better meeting their wants and needs.

6 0
2 years ago
It is election day and 1800 voters vote in their precinct’s library during the 10 hours the polls are open. On average, there ar
lorasvet [3.4K]

Answer:

Inventory = 15 voters

Flow rate = 3 voters per minute

Flow Time = 5 minutes

Explanation:

Flow rate is defined as the flow of units for each minute, or the minutes or each unit.

Here, number of voters is the units = 1,800 voters

Also provided number of hours = 10

Thus, flow rate shall be:  1,800/10 = 180 voters each hour

Now \frac{180}{60\ minutes} = 3 voters per minute.

Flow time is the average time by each unit, that is time taken for each unit.

Flow time = 5 minutes

Now, that we know what flow rate and flow time is:

Inventory of voters = Flow rate \times Flow time = 3 voters \times 5 minutes = 15 voters.

5 0
2 years ago
Ernest is 42 years old and has been out of work for two months. he lost his position as a program manager when his company merge
jok3333 [9.3K]
<span>Ernest is experiencing the effects of loss of status following the termination.
Once he lost his job, where he was respected as a good worker, he lost that status as well. Now, he is unemployed, and even though he has enough money to sustain himself, he isn't considered part of the workforce anymore, which obviously depressed him a bit, even though he doesn't know it yet.</span>
3 0
2 years ago
If the Japanese production function is Cobb–Douglas with capital share 0.3, output growth is 3 percent per year, depreciation is
miss Akunina [59]

Answer: The saving rate is 0.30

Explanation:

The Golden Rule savings rate is referred to as the rate of savings which maximizes steady state level or growth of consumption.

Let k be the capital/labour ratio (i.e., capital per capita), y be the resulting per capita output ( y = f(k) ), and s be the savings rate. The steady state is referred to as a situation in which per capita output is unchanging, which implies that k be constant. This requires that the amount of saved output be exactly what is needed to one quip any additional workers and two replace any worn out capital.

In a steady state, therefore: sf(k)=(n+d)k

Growth rate of output =3%

Depreciation rate= 4%

Capital output ratio is (K/Y)

= 2.5

Begin the steady state condition:

S= ( σ + n + g) (k/Y)

S= (0.03+0.04) (2.5)

S= 0.175

Golden rule steady state

MPK= (0.03+0.04)= 0.07

Capital output ratio=

K/Y= Capital share / MPK

K/Y= 0.3/0.07

K/Y= 4.29

In the golden state, the capital output ratio is equal to 4.29 in comparison to the current capital ratio 2.5.

The saving rate consistent with the steady growth rate

S= ( σ + n + g) (k/Y)

S= (0.03 +0.04) (4.29)

S= 0.30

The saving rate that is consistent with the steady growth rate is 0.30

6 0
2 years ago
A company is currently selling 10,000 units of product monthly for $40 per unit. The unit contribution margin is $27. The compan
Ludmilka [50]

Answer:

The company should accept the idea because profit will increase by $24,000.

Explanation:

A company is currently selling 10,000 units of product monthly for $40 per unit.

The unit contribution margin is $27.

The company believes that spending $50,000 per month on advertising will allow them to increase the selling price to $45 and that sales will increase by 750 units per month.

The unit contribution margin is the difference between selling price and variable cost per unit.

An increase in the selling price of $5 will cause the contribution margin to increase by $5, from $27 to $32.

Profits is the product of contribution margin and number of output.

At initial price, the profit was

= 10,000\ \times\ \$ 27

= $270,000

At the new price the profit will be

= 10,750\ \times\ \$ 32  - $50,000

= $344,000 - $50,000

= $294,000

The increase in profit

= $294,000 - $270,000

= $24,000

3 0
2 years ago
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