Orlando wants to become a Certified Public Accountant. Which career cluster is he interested in?

Cranston Corporation makes four products in a single facility. Data concerning these products appear below: Products A B C D Sel

Lina20 [59]

Answer:

Cranston Corporation

The total minutes of milling machine time required to satisfy demand for all four products = 31,400

Explanation:

a) Data and Calculations:

Products A B C D

Selling price per unit $ 42.30 $ 50.00 $ 37.60 $ 33.50

Variable manufacturing cost per unit $ 20.80 $ 30.70 $ 21.00 $ 19.90

Variable selling cost per unit $ 2.70 $ 2.10 $ 1.00 $ 2.40

Total variable costs $ 23.50 $ 32.80 $22.00 $22.30

Contribution margin per unit $18.80 $17.20 $15.60 $11.20

Milling machine minutes per unit 3.30 4.10 2.60 1.30

Monthly demand in units 1,000 4,000 3,000 3,000

Total minutes of milling machine time 3,300 16,400 7,800 3,900

Total minutes of milling machine time required to satisfy demand for all four products = 31,400 (3,300 + 16,400 + 7,800 + 3,900)

Total minutes available per month = 28,200

Shortfall minutes required per month = 3,200 (31,400 - 28,200)

3 0

1 year ago

Starbucks has been in business for over 40 years and for most of that period has been quite successful. They have a portfolio of

Keith_Richards [23]

Answer:

Marketing and distribution of a variety of products

Explanation:

Marketing refers to a business function whereby a marketer advertises and promotes goods and services with an objective to increase sales and at the same time ensure customer satisfaction. Marketing mix refers to essential marketing components for effective marketing.

Marketing mix comprises of product, place, price and promotion.

Distribution refers to activities which are aimed at making products available in the right markets at the right time and utilizes various channels of distributions such as retailers, wholesalers, intermediaries, etc.

In the given case, Starbucks, the renowned coffee maker, has formed alliances or collaborations so as to extend and strengthen their business. These strategic alliances help Starbucks create an effective distribution network and wide-reach marketing which subsequently helps in efficient operations and profitability.

6 0

1 year ago

For product W, a firm has an annual holding cost percentage of 20%, an ordering cost of $110 per order, and annual demand of 15,

Rudiy27

Answer:

812.40 units

Explanation:

Given that,

Annual holding cost percentage = 20%

Ordering cost = $110 per order

Annual demand = 15,000 units

Units Ordered - Price Per Unit

1-250 - $30.00

251-500 - $28.00

501-750 - $26.00

751 and up - $25.00

Optimal order quantity:

= $\sqrt{\frac{2\times Annual\ demand\times Cost\ per\ order}{Holding\ cost} }$

= $\sqrt{\frac{2\times 15,000\times 110}{25\times0.2} }$

= $\sqrt{\frac{3,300,000}{5} }$

= 812.40

Therefore, the optimal order quantity is 812.40 units.

3 0

1 year ago

While other suppliers bidding for the contract brought bids with lower per unit costs, Orchard wanted to take delivery based on

Daniel [21]

Answer:

The correct answer is A) top quality.

Explanation:

There are generally two sales approaches: the first, product-oriented. This takes into account its own characteristics in terms of presentation, quality and utility; and the second, people-oriented, where the real needs of the consumer are studied to determine how he uses the good in order to orient himself towards satisfying a need.

The example clearly shows that the orientation with minimum unit costs was mainly focused on the client, so that the first impression is that of a lower price to motivate their purchase decision. For his part, Orchard clearly shows a product orientation, because he tries to offer quality by sacrificing other variables to supply a need.

6 0

1 year ago

Read 2 more answers

The _____is a personality assessment model that taps basic dimensions encompassing most of the significant variation in human pe

Vitek1552 [10]

Answer:

Big Five model

Explanation:

The Big Five model also known as the Five Factor Model (FFM) or Ocean or Canoe model is a way of grouping human behavior/traits. This behavior or traits are subject to relationship between words.

The Ocean or Canoe (OCEAN/CANOE) abbreviation is a combination of the first letters of the words of the the five(big five) traits.

Openness to experience, Conscientiousness, Extroversion, Agreeableness, emotional stability(Neuroticism). It can also be rearranged to form CANOE as well.

This five traits are also affected by the upbringing or family cultures as well. Anyone described with any of the above word is most likely to have attributes that exemplify the meaning of the words.

I hope this helps.

4 0

2 years ago