Answer:
Explanation:
the picture attached shows all the explanation needed
Answer:
Option (a) is correct.
Explanation:
Contribution per unit:
= Selling price per unit - Variable cost
= Selling price per unit - (Material + labor cost)
= $25 - ($10 + $5)
= $25 - $15
= $10
Fixed cost = Administrative cost + Sales and marketing expense
= $60,000 + $20,000
= $80,000
Break-even quantity:
= Fixed cost ÷ Contribution per unit
= $80,000 ÷ $10
= 8,000 shirts
Answer:
lower range 33.822 years
upper range 38.178 years
Explanation:
step 1:
48 -1 = 47
step 2:
(1 - 95%) / 2 = 0.025
step 3:
we look at the T distribution table for degrees of freedom (df) = 47, and α = 0.025; = 2.0117
step 4:
divide sample standard deviation by square root of sample size
7.5 years / √48 = 7.5 / 6.9282 = 1.0825
step 5:
multiply results from step 3 and 4
2.0117 x 1.0825 = 2.178
step 6:
for the lower range, subtract step 5 from sample mean
36 - 2.178 = 33.822
step 7: for the upper range, add step 5 with sample mean
36 + 2.178 = 38.178
Answer:
late in the message, after most of the advantages of a product have been discussed.
Explanation:
The stardard procedure for introducing a higher price especially for new products is to include it after sharing the advantages of the new product.
It is essential because the core message that people or intending buyers want to hear are the benefits of the new product and how it can work better than what they have been using before.
The pricing should come at a later stage after which most of the information have been shared and not at the begining otherwise , it will scare intending buyers away due to its high price coupled with the fact that there exist similar product for other brand with lower prices in the market.
Answer:
The answer is C. Proactive management
Explanation:
Proactive management looks ahead. They are not reactive. They envisage problems before it occurs. They institute or set up internal controls which will not be conducive to fraud. Internal controls like segregation of duty, dual control, authorization etc.
But in an organization where perceived inequalities are rife, employees will tend to play fast because they are not satisfied.
Also, when unreasonable budget are set by the management, employees tend to do all things possible to achieve this budget so as to keep their job. This breeds the thought of fraud.
High employee turnover too can lead to fraud because staffs know they wont stay too long.
