Gibson's Bodywork does automotive collision work. An insurance agency has determined that the standard time to replace a fender is 0.25 hours (i. e., "standard output"equals 4 fenders per hour) and is willing to pay Gibson $40 per hour for labor (parts and supplies are billed separately). Gibson pays its workers $25 per hour. Suppose Gibson's workers take 5 hours to replace a fender. a. Gibson's labor hour efficiency is nothing%. (Enter your response rounded to two decimal places.) Given Gibson's labor costs, the company ▼ will will not make money on the job. b. Gibson's labor hour efficiency has to be nothing% for Gibson to break even on the job. (Enter your response rounded to two decimal places.)

You speak to a business owner that is taking in almost $2000 in revenue each month. the owner still says that they are having trouble keeping the doors open. how can that be possible? use the terms of revenue, expenses and profit/loss in your answer

Lin corporation has a single product whose selling price is $136 per unit and whose variable expense is $68 per unit. the company’s monthly fixed expense is $32,400. required: 1. calculate the unit sales needed to attain a target profit of $5,000. (do not round intermediate calculations.) 2. calculate the dollar sales needed to attain a target profit of $8,400.

When paul o’neill joined alcoa as ceo, he set a , that there would be zero workplace accidents. a lot of people in the organization thought this was impossible given how dangerous some aluminum-manufacturing jobs are, but alcoa’s safety record improved tremendously. as the board of governors of the american red cross considers planning, one option is to make strategic plans and then direct managers to align tactical and operational plans accordingly. another option is to have planning specialists managers across the organization make their own plans. why might this organization’s executives opt for the latter approach? check all that apply. (a) the environment is a dynamic one, and department and frontline managers can come up with more responsive plans than can central leadership. (b)resources will be better coordinated across the organization in support of the overall strategy.(c) senior leadership will have more control over the organization’s direction. (d)when managers come up with their own plans, they are likely to be more committed to following through on them.