Hughes Company manufactures harmonicas which it sells for $31 each. Variable costs for each unit are $18 and total fixed costs are $3925. How many units must be sold to earn income of $5500?
A) 725
B) 423
C) 304
D) 524
A) 725
(Fixed costs + Target profit)/Contribution margin per unit = (3925 + 5500)/13 = 725
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Expert authorities would most likely be used in which type of executional framework?
A) testimonial B) slice-of-life C) informative D) authoritative
You are the executive director of the local animal humane society. A staff member you supervise has been working at the society for less than one year. At the 6-month, you discuss with this employee that they seem to have mastered the basic tasks of the job but not the more difficult tasks. You have noticed lately that they seem a bit disillusioned about the job and the process of caring for these animals that seem so sad to be in the facility. Based on the Situational Leadership Approach, which leadership style should you exhibit?
A. delegating B. supporting C. coaching D. directing
Activity-based costing and generally accepted accounting principles differ in that ABC
a. does not define product costs in the same manner as GAAP. b. cannot be used to compute an income statement, but GAAP can. c. is concerned only with costs generated from automated processes, but GAAP is concerned with costs generated from both manual and automated processes. d. information is useful only to managers, while GAAP information is useful to all organizational stakeholders.
_______ vertical integration establishes facilities to manufacture inputs used in the production of a firm's final product.
Fill in the blank(s) with the appropriate word(s).