Blog

Sharon is the marketing manager for Smith Inc., and she has decided to launch a new campaign in the next couple of months. For this to be successful, Sharon will need to accumulate data and determine how to best target her demographic of young working professionals. Which of the following is an example of soft data that may be helpful as she plans her campaign?

Fancy Footwear is a premier designer and manufacturer of designer shoes for women. Over the past two years, they have concerted a lot of effort into both their Boots and Heels divisions. The results of their efforts are as follows:Management is interested in analyzing this data. Find out whether Boots or Heels had a greater percent change in the cost of goods sold (COGS) from Year 1 to Year 2.

Quentin Company is considering whether it should eliminate a product line. Currently, the company has fixed costs which are allocated to all product lines. Should Quentin Company eliminate the product line, the fixed costs currently allocated to the product line will have to be allocated to the other remaining product lines in total. If the product line is eliminated,

If a company is presented with a decision to accept a special order, if it is already operating at full-capacity, and in order to accept the special order, would need to expand its capacity, which of the following will most likely to happen in the decision analysis?

Payroll processes which typically can be outsourced without losing competitive advantage within a company are known as

Sophia owns a salon that provides an array of services for her customers. She has been collecting data for the past 2 years. The sales revenues from her five most-common services are as follows:Which service had the largest magnitude of change in sales revenue from Year 1 to year 2 (up or down)?

To think strategically about insourcing versus outsourcing, it’s useful to divide processes into which of the following three categories?

Environmental Plus Consulting provides environmental safety consulting evaluations for clients at a price of $10,000 upon completion. Environmental Plus has variable costs of $5,000 per evaluation and fixed costs of $1,800,000 per year. Environmental Plus has an effective tax rate of 30%. If company management wants to reach a net income goal of $50,000 next month, approximately how many safety evaluations will the firm need to complete?

Tastykakes makes various cookies and cupcakes. The cost of each batch of cupcakes and cookies is as follows:Direct materials$18Direct labor13Variable overhead11Fixed overhead14An outside supplier has offered to make the cupcakes and cookies for $30 per batch. If Tastykakes accepts the offer to outsource the production of the cupcakes and cookies, it will not be able to avoid the $14 of fixed overhead. How much will Tastykakes save if it accepts the offer?

Corner Cupcakes Co. has two new bakery products to consider marketing. The first product, a Mango Munchie, is expected to be sold for $4.00 each with a related product cost of $1.50 per unit. The projected sales in units for the Mango Munchie is 2,000 per month. The second product is a Cosmo Cookie, which will sell for $3.50 each with a related product cost of $1.30 per unit. The projected sales in units for the Cosmo Cookie is 2,500 per month. Assuming that Corner Cupcakes Co. can only select one of these new bakery products to market and sell, which product should it select and why?