Costs

The purpose behind the expansion of people utilizing food banks are as a part of relations to the extreme increment in food costs and the expense of transporting/transportation the food too. At the point when food all of a sudden costs more, the individuals who can minimum bear the cost of it get hit hardest. Tragically foods that have minimal wholesome worth are the minimum costly so individuals on restricted earnings will buy more undesirable foods than new natural products, vegetables and…

However, two of these product – the Saturn microwave stand and the Gemini TV stand – have part 3079 requires machining on a special lathe. This lathe is run by a machinist who is trained for this piece of equipment. Ed Szewczak is the machinist that operates this particular lathe as well as other machines in the shop. Currently Ed is working a regular 40-hour week but due to the workload for producing part 3079, he has frequently been scheduled to work overtime to complete the necessary parts…

the following is considered to be a cost of information? Answer Selected Answer: The time spent to collect the information. Correct Answer: The time spent to collect the information. • Question 2 2 out of 2 points Assume that a cargo ship carrying the merchandise of a cloth merchant has been wrecked. Such a setback will be accounted as the merchant’s: Answer Selected Answer: sunk cost. Correct Answer: sunk cost. • Question 3 0 out of…

the costs associated with receiving the revenue. Break-even analysis calculates what is known as a margin of safety, the amount that revenues exceed the break-even point. This is the amount that revenues can fall while still staying above the break-even point. This technique based on categorising production cost between variable cost and fixed cost. Assumption The break-even analysis is depending on these several assumptions: All costs are classified as variable and fixed cost. Variable cost is…

Arctic Insulation Q1: Are unit cost per bale rising or falling between 1979 and 1980? Support your answer with the relevant cost calculations. The company use two types of sources to produces insulation material. These two types are paper that can be bought from the public and the other source is paper that can be bought from the scrap paper dealer. The first method has a higher direct labor associated with it than the second method. That is because the company needs more workers to handle and…

Figure 2: Porter's Generic Strategies Porter’s Generic Strategies and SME Performance Porter (1980) described the specific strategies of cost leadership, differentiation, and focus generic strategy. Porter (1980, 1985) contended that business organizations consist of either differentiation or low cost main classes of competitive advantage. In line with the argument, firm managers who use any of these strategies should realize above-average firm performance. In addition, firm managers have to…

limits. The first strategy would be to adjust its product mix. Mihocko produces five products, one at a time, throughout the year. Using data provided, Mihocko can determine an optimal production combination function based on potential sales, variable costs, particulate emissions, revenue streams and operating hours. One potential benefit of this strategy is that Mihocko could mathematically maximize its profit potential within the EPA policy emissions guidelines using a formula to determine the…

The first is from a financial standpoint whereby, the increasing costs of incarceration cause individual taxes to rise, and correspondingly, if alternative treatments can prove both cost-effective and divert individuals away from subsequent criminal acts, the public can see a lower financial cost. The second is a gain of societal aspect due to alternatives to incarceration which allow for offenders to become a more integrated and…

each of the customer-level operating costs as a customer output unit–level, customer batch-level, or customer-sustaining cost. Customer…

b. Pricing and margin analysis Prices of a company’s goods and services must be competitive otherwise it risks losing customers and potential sales. At the same time selling prices must include appropriate cost recovery, without which losses may occur and the operations become uneconomic. In setting prices for the market, the company needs to consider its competitive position or that of its products and services, and also the complexities in operating the business activities. Poor price setting…