Answer:
E. Line managers; staff personnel
Explanation:
line managers are indicated on the organization chart by a solid line, and staff personnel are indicated by a dotted line.
Answer:
b. value-based pricing
Explanation:
Value based pricing is a pricing strategy to set price of products based on value perceived by the purchaser. To have increased profit margin, business deduces the number of benefit the product provides to consumer. Then it establishes price which takes consideration of manufacturing cost, competitive price and consumer's willingness to pay price for the goods.
In the question mentioned IKEA not only provide functional benefit for the product but also quality, design, and services at low prices hence it is an instance of value based pricing.
Answer:
d. $13.00
Explanation:
contributon margin = selling price - variable cost
sales price: $25 per unit
<u>list of variable cost:</u>
Direct mateirals 6.20
Direct labor 2.80
variable overhead 1.45
sales commisions 1.00
adminsitrative variable<u> 0.55 </u>
total variable cost 12.00
$25 selling price per unit - $12 variable cost per unit =
$13 contribution margin per unit
This is the amount each units "contributes" to ay the fixed cost and make a gain during the period.
The movement of money through an organisation over a a daily, weekly, monthly, or yearly basis.
Answer:
b) $225,000
Explanation:
Common Stock ($0.50 x 450,000) $225,000
Discount on capital (($4-$0.5) x 450,000 $1,575,000
Retained Earning ( $100,000 - $40,000 ) <u>$60,000 </u>
Total Equity <u>$1,860,000</u>
Shares are recorded in the common stock account at the par value. Difference of $4 and $0.5 is recorded as add in capital excess of par common shares.
