Quiz – Chapter 17 – Solution 1. Rider Company sells a single product. The product has a selling price of $40 per unit and variable expenses of $15 per unit. The company’s fixed expenses total $30‚000 per year. The company’s break-even point in terms of total dollar sales is: A) $100‚000. B) $80‚000. C) $60‚000. D) $48‚000. The answer is d. CMR = (P-V)/P = ($40 - $15)/$40 = 62.5% Px = F/ (CMR) Px = $30‚000/.625 = $48‚000 Use the following to answer questions 2-3: Weiss Corporation produces two models
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Zhenzhen Xu BUSN290 Professor Craig Johnson Oct. 2‚ 2013 In chapter 1‚ I get to know five widely used ethical methods that are Utilitarianism‚ Kant’s Categorical Imperative‚ Rawls’s Justice as Fairness‚ Confucianism and Altruism. I choose Utilitarianism to compare with Confucianism. Utilitarianism is what we should consider both short- and long-term consequences when we make some ethical choices. The goal of Utilitarianism is to expand profits as possible as they can. In other words‚ it is a
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Browne November 9th‚ 2014 An Ethical Debate for Sweatshop Labor Business ethics seeks to address issues that arise while doing business internationally. Not all states enforce ethical standards for business. Consequently‚ the global community regards the conditions of workers in certain states‚ particularly in the developing world‚ to be in direct violation of human rights. With the emergence of globalization‚ there are now low transaction and communication costs driven by advances in computer
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BUSINESS MATHEMATICS: ASSIGNMENT - “Section” 5.1‚ page 182. (1) Write the general form of a linear function involving five independent variables. (2) Assume that the salesperson in Example 1 (page 177) has a salary goal of $800 per week. If product B is not available one week‚ how many units of product A must be sold to meet the salary goal? If product A is unavailable‚ how many units be sold of product B? (3) Assume in Example 1 (page 177) that the salesperson receives a bonus when combined
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References: Chatterjee‚ S.‚ Sarker‚ S.‚ & Fuller‚ M. A. (2009). A Deontological Approach to Designing Ethical Collaboration. Journal Of The Association For Information Systems‚ 10(3)‚ 138-169. Clawson‚ J. ( 2012). Level three leadership: Getting below the surface: Fifth ed. Prentice Hall: One Lake Street: Upper Saddle River‚ New Jersey‚ 07458.
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Controlling Labor Costs and Outsourcing Pharis Jackson III‚ Becky Miller‚ Justine Santos‚ Cassandra Sullivan HRM/324 February 9‚ 2015 Callie Burnley Controlling Labor Costs and Outsourcing "Managing the number of employees and/or the hours worked is the most obvious and perhaps most common approach to managing labor expenses in the United States" (Milkovich‚ Newman‚ & Milkovich‚ 2008‚ p. 583). There are many ways that employers can control labor costs. This team paper will detail the different
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To what extent is animal experimentation considered ethical? Every year more than 25 million animals are used to develop new medicines and the majority of these animals are either euthanized or die from the experiments. This makes many people question our motives and moral principles. Should we continue to allow scientists to use animals for their research? Is research experiments really necessary? Is it alright for us to kill animals just so that we can benefit? The debate between supporting or
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Variable costs are those costs that increase as the output the restaurant increases. As example‚ assume for the Teen Burger Direct Materials cost $1.50 per burger. A day with one thousand burgers sold would cost of $1500 dollars. In comparison‚ a day with two thousand burgers sold would cost $3000 dollars. While the cost per Teen Burger remains constant the total cost per day varies with the output each given day. Electricity costs would increase in the same fashion as each time a burger is cooked
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Ethical Dilemma – Global Child Labor The pressure to produce goods inexpensively has driven companies to seek low-cost areas for producing those goods. In the quest to compete with low-cost discounters such as Wal-Mart‚ companies have been increasingly driven to overseas markets to produce their goods. Within the textile arena‚ especially‚ this phenomenon is occurring with regularity. One look at the label of the clothing in one’s closet reveals clothing that was produced in Bangalore‚ Honduras
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Labor Practices Brenna Heyne PHL/320 02/16/2015 Todd Goodling Sweatshop Labor Sweatshop labor can be described as work that is performed under conditions that violate normal standards of minimum wage‚ employment‚ worker treatment‚ and workplace health or safety (Govekar‚ 2006). Sweatshops can exist anywhere and some may argue they can be beneficial and driven by market demands. In my opinion sweatshop labor is unethical and should not be allowed to be used to produce products for
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