Questions: Danshui Plant No. 2 1. Using budget data‚ how many Apple iPhone 4’s would have to have been completed for Danshui Plant No. 2 to break even? Variable Costs = Material Cost + Labor Cost + Shipping Cost = 187.89+13.11+1.06 = 202.06 / Unit Fixed Costs = 729‚000 / Month Price = 41‚240‚000 / 200‚000 = 206.2 Contribution Margin = 206.2-202.6 = 4.14 / Unit When it comes to the break even‚ Contribution margin * Unit(BE) = Fixed Costs. Unit(BE) = 729‚000 / 4.14 = 176‚086.96， So the break even for
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QUESTION 1 A certain production process employs two inputs labor (L) and raw materials (R). Output (Q) is a function of these two inputs and is given by the following relationship: Q = 6L2 R2 - 0.10L3 R3 Assume that raw materials (input R) are fixed at 10 units. (a) Determine the total product function (TPL) for input L. (2 marks) (b) Determine the marginal product function for input L. (2 marks) (c) Determine the average product function for input L. (2 marks) (d) Find the number of
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Business Strategy Notes VRIO Framework1 The VRIO Framework and the Resource-Based View2 In the last three weeks we have looked at how firms can get a competitive advantage. Today we focus primarily on the sustainability of a firm’s competitive advantage. That is‚ what determines whether a firm’s competitive advantage will be short-lived or whether it will endure a long time? We will consider this question within Barney’s VRIO framework (outlined below) within the resource-based view. Under the resourced-based
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TYPES OF COMPETITIVE STRATEGIES Apple Inc. Cost Leadership Strategy Cost leadership strategy has been highly adopted by Apple Inc in its endeavors of ensuring competitiveness and success in the technology industry. The company’s management has been able to draw policies and strategies that are aimed at ensuring that the company is the lowest cost producer and distributor. • By lowering the cost of production and management‚ Apple Inc has been given golden opportunities on determining prices
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manufactures‚ Foxconn provides electronic components to major electronic devices manufacturers across the world. Its clients include Apple‚ Amazon‚ Sony‚ Nintendo‚ Microsoft‚ Dell and HP. Since 2011‚ Foxconn has been expanding its operations in Brazil to increase its supply of Apple products. It has also announced that the company will increase the wage of employees working at the Apple manufacturing sites in China by 16 to 25 percent and opened itself up for further inspection. Broad Environment Sociocultural:
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com/blog/2009/10/starting-a-bakery-success-in-the-niche-food-business/ Kimmons‚ R. (2012). Pricing Vs. Nonpricing Strategies. Retrieved from http://smallbusiness.chron.com/pricing-vs-nonpricing-strategies-14166.html moffatt‚ M. (2012). Marginal Revenue and Marginal Cost Practice Question. Retrieved fro http://economics.about.com/od/coststructure/ss/revenue_costs.htm
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VEGECARNIVAL | Business plan | | | * Letter of Transmittal December 9‚ 2012 T.M. Taufique Hossain (TMT) Instructor of BUS 251 BBA Dept. North South University Dear Sir‚ First we would like to thank you for giving us the opportunity to work on this project. Despite certain limitations we tried hard to include feasible information to make our report as realistic
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Advertising costs = $100‚000.00 Sales staff wages before commissions = $250‚000.00 Commission = $12.00/chair a) Identify the Comfy Chair Company’s variable costs. b) What is the total cost to produce and sell each reclining chair? c) Identify the Comfy Chair Company’s fixed costs. d) What are the total fixed costs? e) Identify the one-time fixed costs incurred by the Comfy Chair Company. f) What are the total one-time fixed costs?
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I. INTRODUCTION As part of our curriculum as business students of the University of the East‚ Manila‚ we have to undergo the course: Entrepreneurial Venture 1 Business Planning. This course gave us the chance to formulate our own business plan that helps us apply our knowledge and gain skills in business. The exercise provided us the opportunity to think like young entrepreneurs‚ and prepared us for a business. Our company came up with an idea of manufacturing fruit pancake. Our product is
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Indirect costs @ 25% of $3‚675.00 $ 906.00 Subtotal $4‚529.00 8. Profit margin @ 5% of $4‚594.00 $ 227.00 Total $4‚756.00 Fixed Cost Conference room rental $175.00 Audiovisual equipment rental $75.00 4 Presenters @ $500.00 $2‚000 Indirect Cost @25% of $3‚675 $906.00 Profit Margin @5% of $4‚594 $227.00 Total Fixed Cost $3‚383.00 Variable Cost 45 Workbooks @ $15.00 $675.00 45 Lunches @ $12.00 $540.00 45 Coffees @ $3.50 $157.50 Total Variable Cost $1372.50 My
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