Answer Happy

2. Find out a value added activity. Accenture: making a presentation of a new industry report to corporate clients UPS: reprocessing package that had O been sorted incorrectly on a broken sorting machine. SBI Securities: hiring a law firm to defend a lawsuit originated from customers General Mills: addition of an employee hotline for workplace complaints
3. Toyota wants to compete with GM's Chevy Cobalt by “reducing the price of its Corolla by 6%. In order to do so costs need to be reduced while still protecting Toyota's mandatory profit margin of 4%. One component of Toyota's Corolla has been identified as opportunity for reducing significant cost, the chassis.” Which concept is most closely related to the above quote from Toyota's annual report? Kaizen costing Activity based management Target costing Experience curve
5. IonEx Inc. sells a sing product for $30. Variable costs are $18 per unit and fixed costs total $120,000. Assuming that fixed costs do not change, lonEx's break-even sales ($) would be: O $300,000 O $240,000 O $480,000 O $200,000