Answer:
1)They would prefer to make shorts as contribution margin per unit is higher for shorts
Explanation:
Step 1. Given information.
- Sales price shirts is $24
- Variable costs shirts is $10
- Variable costs shorts $17
Step 2. Formulas needed to solve the exercise
Contribution margin = sales price - variable cost
Step 3. Calculation.
Contribution margin shirts = 24 - 10 = 14
Contribution margin shorts = 32 - 17 = 15
Step 4. Solution.
<h2>
Contribution margin shorts > Contribution margin shirts</h2>
Answer: 99.51%
Explanation:
This is a linear regression problem.
The relationship between the success of the team and the occupancy rate is in the form:
y = mx + c
y = occupancy rate
m = slope
x = number of games
c = slope
Intercept is supposed to be negative in question:
= 0.0474 * 31 + (-0.4743)
= 99.51%
<em>Options are most probably for a variant of this question.</em>
Standard:
Wool required = 2 yard^2 per coat
Cost = $44/ yard^2
Therefore,
Total standard cost per coat = wool per coat * cost per yard squared = 2*44 = $ 88 per coat.
The correct answer is C.
Answer:
focused cost leadership
Explanation:
A focused plan for cost management needs price-based rivalry to same a limited sector. A business that implements this approach will not automatically offer the industry's cheapest prices. Rather it pays low prices in competition with other firms that operate within the intended audience.
An crucial point in these techniques is that the essence of the small target audience differs throughout firms using a focused approach of cost management.
In some instances, demographics define the target group. Thus, from the above we can conclude that the correct option is B.
Answer:
Threats in its external environment.
Explanation:
Situational analysis can be described as the thorough examination of the internal and external constituents of an organization.
Situational analysis is employed by different organizations to help identify their strengths and weaknesses. It helps to examine the capabilities of employees within an organization.
Situational analysis helps to identify the current strategies and activities that have been put in place inorder to solve problem. It also helps to get a clear insight into the different opinions and experiences of stakeholders.
