average revenue and costs are as follows: Selling price per unit $20.00 Variable costs per unit: Direct materials $4.00 Direct manufacturing labor $1.60 Manufacturing overhead $0.40 Selling costs $2.00 Annual fixed costs $96‚000 1. Calculate the contribution margin per unit. CM= $20 - $4 - $1.60 - $0.40 - $2 = $12 Contribution Margin Ratio = CM/Selling Price =12/20=0.6 Thus‚ the breakeven point in total sales dollars is: Fixed Costs
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Thinking and Decision Making Brandi Browning‚ Erin Heck‚ Alberta Nick‚ Cassandra Underwood‚ Linda Pater MGT/350 December 17‚ 2012 Karin Allen Thinking and Decision Making “Good decisions come from experience‚ and experience comes from bad decisions.” This is a quote from an author that is unknown. This quote explains how important decisions are to the working people. Supervisors‚ team members‚ and customers are all making decisions. Decisions on how to sell a product are made by employees and
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use to strengthen your writing and reading skills (refer to your Student Resources Worksheet)? I think i would use the student library for the reading skills. but i think the one that would come in the most handy would be the student workshops‚ it extra practice the university provides‚ so that you can better understand the subject. or learn how to write better. What is your personal learning style (refer to the Ch. 1 Aplia homework)? I have an Aural learning style. it says “my preferred learning style
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Name: ______________________________ Types of Conflict Worksheet 1 Directions: Read the description of the story. Determine the protagonist (central character) and antagonist (opposing force). Then describe the type of confict (example: person vs. nature). 1. After breaking his mother’s favorite vase‚ Casey struggles to decide whether he should tell his mother the truth and face the consequences‚ or whether he should attempt to hide his mistake and blame the family dog. Protagonist: ______________________________
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1.2a What is your distribution plan for your product or service? Discuss how SCORE mentoring might be of assistance in your distribution planning. Use appropriate references and post to the 1.2a discussion board. Business dictionary defines distribution plan as a plan created by the management of a business that specifies how the firm intends to transfer its products to intermediaries‚ retailers and end consumers. Currently I am a full time seller on eBay. eBay is an ecommerce company that
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The qualities a Medical Administrative Assistant should possess‚ there are many of these here are just a few of these qualities the M.A shall possess. Which include people skills‚ communication skills‚ analytical skills‚ planning activities‚ and computer skills. A realistic example of one of these qualities would be; if a patient comes into the office very irate and upset about the amount they were charged on their bill. Having good people skills will help you out with calming the patient down and
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1.1 Interrelationship between consumer behavior and marketing concept Marketing comprises of all the activities and tasks undertaken to promote and sell the product to the end consumer. It encompasses a wide array of techniques that can be used to push the product/service to the consumer and get them to pay for the same. Marketing can also be done for non-selling objectives like brand awareness‚ recognition‚ brand image enhancement etc. In essence‚ marketing concept creates a value for the customer
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AOW 360/3 – MANAGERIAL PSYCHOLOGY SEMESTER 2‚ ACADEMIC SESSION 2011/2012 Table of Contents Title Page List of Figures and Tables Acknowledgement 4 1.0 Introduction 5 2.0 Literature Review 6 2.1 History of Motivation 6 2.1.1 Maslow Hierarchy of Needs 6 2.1.2 ERG Theory 7 2.1.3 Herzberg’s Motivation-hygiene theory 7 2.1.4 Expectancy Theory 8 2.1.5 Equity Theory 8 2.2 Table of Comparison 9 2.3 Concept
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TUI UNIVERSITY Module 1 Case Study MKT 501: Consumer Behavior: Segmentation and Targeting Professor Dr. Gordon Leichter May 14‚ 2012 Abstract The assignment reviews industry practices which involve segmentation‚ targeting and positioning. I will attempt to explain these three consumer behaviors below. The airline industry will use the above mentioned practices in order to enhance and or improve marketing strategies. In order for this to take place and marketing analyst must develop
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MGT 420 Week 5 Final Exam 1) __________ refers to the propensity for a product to perform consistently over its useful life. 2) Like engineers‚ operations managers are very concerned about product and process design. However‚ rather than focusing on only the technical aspects of those activities‚ operations concentrates on the __________ of these activities. 3) __________ refers to the efficiency with which a product achieves its intended purpose. 4) Which type of power is derived from the possession
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