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The Tolar Company has 400 obsolete desk calculators that are carried in inventory at a total cost of $26,800. If these calculators are upgraded at a total cost of $10,000, they can be sold for a total of $30,000. As an alternative, the calculators can be sold in their present condition for $11,200.
-Assume that Tolar decides to upgrade the calculators. At what selling price per unit would the company be as well off as if it just sold the calculators in their present condition?
Taylor's Scientific Management
A management theory developed by Frederick W. Taylor, emphasizing efficiency and productivity through systematic study of tasks, time management, and worker training.
Human Relations Development
The process of improving interpersonal skills and fostering better interactions among individuals in a professional or personal context.
Impact
The effect or influence that an event, action, or phenomenon has on someone or something.
Total Person
A holistic concept encompassing all aspects of an individual’s being, including physical, mental, emotional, and spiritual dimensions.
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