Halfway Industries Produces Two Products The Company's Fixed Costs Totaled $140,000,of Which $30,000 Can Be

question 94

Essay

Halfway Industries produces two products.Information about the products is as follows:
$$\begin{array} { | l | r | r | } \hline & \text { Clocks } & \text { Headphones } \\\hline \text { Units produced and sold } & 8,000 & 20,000 \\\hline \text { Selling price per unit } & \$ 16 & \$ 14 \\\hline \text { Variable costs per unit } & 10 & 9 \\\hline\end{array}$$

The company's fixed costs totaled $140,000,of which $30,000 can be directly traced to Clocks and $90,000 can be directly traced to Headphones.Required:
The effect on the firm's profits if the Headphone product is dropped would be:

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Definitions:

Intellectual Stimulation

The process or activities involved in challenging and enhancing an individual's mental capacity and understanding.

Innovative and Creative

Terms used to describe ideas or methods which are novel and show ingenuity, creativity often refers to the ability to generate new ideas, while innovation involves applying those ideas effectively.

LMX Model

Leader-Member Exchange Theory, a model that emphasizes the importance of the relationship between leaders and followers, impacting organizational outcomes.

Additional Support

Extra help or assistance provided to meet the needs beyond what is usual or expected.