Answer:
$69020
Explanation:
Selling price -$54
Incremental selling price =54*(1-0.16)=45.36
Incremental sales - 45.36*7000= 317520
Contribution -
Direct materials = 24*7000 = (168000)
Direct labor = 6*7000 = (42000)
Variable manufacturing = (21000) (3*7000)
Variable selling price = (3500) 2*(1-0.75)
Total contribution = 83020
Additional cost of machine (14,000)
Incremental profit 69,020
Answer:
0%
30%
Explanation:
Given:
Average return = 15%
Standard deviation = 15%
Computation:
On assuming 68% chance,
Lowest point = Average return - Standard deviation
Lowest point = 15% - 15%
Lowest point = 0%
Highest point = Average return - Standard deviation
Highest point = 15% + 15%
Highest point = 30%
Therefore, on 68%, Lowest point is 0% and highest point is 30%.
Answer:
D) declaring victory too soon
Explanation:
John Kotter in this theory of leadership explains the concept and importance of change. He basically believes that the company shall be currently functional.
By the term currently functional he means that the company shall be updated and working on with the current market trend. This means the company shall not be resistant to change and that the management shall take a note of it.
Further in the moving scenario there is no freezing point - the company shall constantly work on the new things which it can improve and excel.
Thus, final confirmation cannot be made soon as towards the change made.
Answer: (B) The authority to make decisions affecting the major determinants of profit, including the power to choose its markets and sources of supply and significant control over the amount of invested capital.
Explanation:
The profit center is the type of center in which the authority makes various types of decisions that affect the major profits. It also include the power for choosing the market and the sources.
The profit center is the type of business unit which basically generate the various type of revenue and cost. It is the type of department that generate the income by using the organization resources. The profit center has the significant control on the amount of the invested capital.
Therefore, Option (B) is correct.
