Morning dove company manufactures one model of birdbath, which is very popular. morning dove sells all units it produces each month. the relevant range is 0–1,800 units, and monthly production costs for the production of 1,300 units follow. morning dove’s utilities and maintenance costs are mixed with the fixed components shown in parentheses. production costs total cost direct materials $ 2,300 direct labor 7,500 utilities ($140 fixed) 640 supervisor’s salary 2,800 maintenance ($280 fixed) 550 depreciation 750 suppose it sells each birdbath for $26. required: 1. calculate the unit contribution margin and contribution margin ratio for each birdbath sold. 2. complete the contribution margin income statement assuming that morning dove produces and sells 1,500 units.

answer; human resource management.(hrm);

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

1) the stages a new product goes through from beginning to end, i.e., the stages that a product passes through from introduction through growth, maturity, and decline. 2) the time from initial research and development to the time at which sales and support of the product to customers are withdrawn. 3) the period of time during which a product can be produced and marketed profitably.

                                          hope it

answer(b); ; ; the quantitative or qualitative variable for which the experimenter wishes to determine how its value is affected by the explanatory variable;