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pishuonlain [190]
1 year ago
9

Type your answer in the box. Jay's Furniture makes several types of furniture including couches and loveseats. Last year total c

ontribution margin was $900,000 for couches and $350,000 for loveseats. Loveseats had a segment margin of $50,000 and common fixed costs of $100,000 so the company is considering stopping loveseat production. If that happens, sales of couches is expected to increase by 10%, The net impact of stopping production of loveseats will (increase/decrease) profits by $ Read about thia Do you know the answer? I know it Think so Unsure No idea
Business
1 answer:
Snezhnost [94]1 year ago
6 0

Answer:

Increase profits by $40,000

Explanation:

The computation of the  net impact of stopping production of love seats is shown below:

= Contribution margin × increased percentage - segment margin

= $900,000 × 10% - $50,000

= $90,000 - $50,000

= $40,000

Since the amount comes in positive which means that the profits is increased by $40,000

All other information which is given is not relevant. Hence, ignored it

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Derick works as a researcher and market analyst for a company. His current responsibility is to forecast the company's sales. He
Anna11 [10]

Answer:

The correct answer is B) Buyer Intentions Method also known as <em>Consumers' Buyer Plan.</em>

Explanation:

This plan involves approaching customers to elicit information from them about their likelihood to make purchases during a particular period. It is most effective when the number of customers is small relative to the ability of the business to reach out to them.

A sales forecast based on this method has several demerits such as:

  1. The customers may change their minds anytime without consultation with the business
  2. It is  an uneconomical way to do a forecast when the client base is large
  3. Predicting sales over the long-run using this method is statistically impossible

It has a few merits in that the information is obtained first hand from the consumers or buyer and the real intentions of the buyers at the time of collecting information is known.

Cheers!

5 0
2 years ago
Marko Shioda, master scheduler at Randall Manufacturing Company, prepared the following MPS for one of the firm's major end prod
Sergio039 [100]

Answer:

Explanation:

MPS Week 1 = 150

It takes 3 widgets for 1 WhatchaMacalit.

Widgets required Week 1 = 150 *3 = 450

Painting hours required Week 1 = 450*0.5 = 225 hours

Painting hours required Week 2 = 120*3*0.5 = 180 hours

Similarly, Week 3 = 75 hours

Week #        1 2 3

Widget paint 225 180 75

5 0
2 years ago
This seems like a good time to ask the basic question, “How’s it going in class?” Feel free to offer constructive feedback about
aksik [14]

Answer:

Following are the answer to this question:

Explanation:

Following are the paragraph to this question:

It was great this course! It's formatting, which includes its course to make it's navigating and understanding quickly. Its tasks were also challenging enough just to participate with both the substance, and they're not challenging enough just to create discomfort or feel confused.

8 0
2 years ago
Production Processes Manufacturers use several different production processes to create goods and services. This activity is imp
iragen [17]

Answer:

Refining crude oil into gasoline requires the use of chemicals, pressure, and heat to change the chemical makeup of the crude oil into a finished product of gasoline. PROCESS MANUFACTURING: deals with formulas and manufacturing recipes.  

A production plant that serves as a point where workers and robotics bring together all of the components that create automobiles. ASSEMBLY PROCESS: manufactured units follow an assembly line.  

Making steel is a process that cannot be easily stopped and restarted. CONTINUOUS PROCESS: the manufacturing process cannot be easily stopped.  

Allen-Bradley builds motor starters. The machines that Allen-Bradley uses can make different types of starters without slowing down the process. FLEXIBLE MANUFACTURING: different models can be manufactured in the same process.

A tractor manufacturer looked at their production techniques and eliminated the activities in production that do not add value to the consumer. LEAN MANUFACTURING: very simple and lean manufacturing process.  

A bicycle company makes 18 models in more than 2 million combinations. The customer chooses the model, size, color, and design. MASS CUSTOMIZATION: high degree of product customization.

8 0
2 years ago
Discuss the optimal method for procuring inputs that have well-defined and measurable quality specifications and require highly
son4ous [18]

Answer:

The optimal method for procuring inputs that have well-defined and measurable quality specifications and require highly specialized investments is the contract.

Explanation:

The contract is signed between the seller and the buyer, and establishes formal and legal terms, and agreed responsabilities. The primary advantages are that firms and buyers are allowed to focus in producing and getting what they need as contracts are used for tangible goods and for rendered services, reducing the opportunistic behaviour and underinvestment.

The CONASUPO, mexican government office, signed a contract with the mexican ranch owners to get all their milk production at low prices to feed the thousands of low income families.

3 0
1 year ago
Read 2 more answers
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