Harry Sprague makes custom bowling balls. His fixed cost is $255,000, variable cost is $45.50, and selling price is $55.50. To what value must he reduce his variable cost if he wants a break-even point of 10,000 units?
A) $39
B) $37
C) $35
D) $30
E) None of the above
D
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When Tommy Hilfiger was an unknown brand, advertising announced his membership as a great US designer by associating him with Geoffrey Beene, Stanley Blacker, Calvin Klein, and Perry Ellis, who were recognized members of that category
Tommy Hilfiger conveyed the brand's category membership by ________. A) relying on the product descriptor B) focusing on reliability C) comparing to exemplars D) announcing category benefits E) identifying counter examples
Sunita is unable to use an HR tool that was implemented last year in her firm. The tool encourages participation and interaction between employees and the management. The tool gives complete authority to its users to customize and change the preferences. Even though the tool reduces her workload, she states that it does not give her accurate results. Identify an accurate statement about the scenario.
A. The tool does not help Sunita in meeting her relatedness needs. B. The tool does not help Sunita in meeting her autonomy needs. C. The tool is ineffective. D. The tool is non-collaborative.
An organization practicing ________ aims all its efforts at satisfying its customers-at a profit.
A. the marketing concept B. profit maximization economics C. in the marketing department era D. a production orientation E. the sales concept
Labadie Corporation manufactures and sells one product. The following information pertains to the company's first year of operations: Variable costs per unit: Direct materials$94Fixed costs per year: Direct labor$575,000Fixed manufacturing overhead$1,600,000Fixed selling and administrative expenses$748,000 The company does not have any variable manufacturing overhead costs or variable selling and administrative expenses. During its first year of operations, the company produced 25,000 units and sold 22,000 units. The company's only product is sold for $251 per unit.The unit product cost under super-variable costing is:
A. $117 per unit B. $181 per unit C. $215 per unit D. $94 per unit